Robotaxi is also known as self-driving taxi or a driverless taxi. This type of taxi can be operated by shared and on-demand mobility services. The robotaxi is available in two types of propulsion type which includes electric and fuel cell.
Market Dynamics
Increasing demand for ride-hailing services across globe is expected to boost the global robotaxi market. For instance, in July 2021, Pittsburgh’s self-driving startup Argo AI, Ride-hail Company Lyft and Ford Motor Co. planning to offer robotaxi service in Miami by the end of the year and in Austin in 2022.
For instance, in December 2020, Amazon’s Zoox introduced self-driving robotaxi for ride-hailing services in the U.S. The new robotaxi consists of various cameras and sensors including LiDAR and RADAR mounted on it to help eliminate blind spots and provide a 270-degree view of the road. This taxi can able to travel up to 75mph and can run for 16 hours on a single charge.
Furthermore, increasing focus of Chinese government on trials of autonomous taxi service is expected to boost the market of robotaxi in the country. For instance, in July 2021, the southern Chinese metropolis of Shenzhen collaborated with self-driving startup DeepRoute.ai to introduce first pilot autonomous taxi service project in Shenzhen, China. DeepRoute.ai is the first company to trail robotaxi service in Shenzhen, China.
However, high cost associated with the research and development are expected to hamper the growth of the global robotaxi market.
Market Taxonomy
This report segments the global robotaxi market on the basis of vehicle, service, propulsion, component, application type, level of autonomy, and region. On the basis of vehicle, global robotaxi market is segmented into shuttle/van and car. On the basis of service, global robotaxi market is segmented into rental and station based. On the basis of propulsion, global robotaxi market is segmented into electric and fuel cell. On the basis of component, global robotaxi market is segmented into LiDAR, RADAR, camera, and sensor. On the basis of application type, global robotaxi market is segmented into goods transportation and passenger transportation. On the basis of level of autonomy, global robotaxi market is segmented into level four and level five. On the basis of region, global robotaxi market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Key features of the study:
Detailed Segmentation:
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