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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:

  • This report provides an in-depth analysis of the global robotaxi market, provides market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global robotaxi market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global robotaxi market include AutoX, Inc., Baidu, BMW AG, Daimler AG, EasyMile, Ford Motor Company, GM Cruise LLC, Hyundai, Tesla, Inc., and Waymo LLC.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global robotaxi market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global robotaxi market

Detailed Segmentation:

  • Global Robotaxi Market, Vehicle:
    • Shuttle/Van
    • Car
  • Global Robotaxi Market, By Service:
    • Rental
    • Station Based
  • Global Robotaxi Market, By Propulsion:
    • Electric
    • Fuel Cell
  • Global Robotaxi Market, By Component:
    • LiDAR
    • RADAR
    • Camera
    • Sensor
  • Global Robotaxi Market, By Application Type:
    • Goods Transportation
    • Passenger Transportation
  • Global Robotaxi Market, By Level of Autonomy:
    • Level Four
    • Level Five
  • Global Robotaxi Market, By Region:
    • North America
    • Europe
    • Latin America
    • Asia Pacific
    • Middle East & Africa
  • Company Profiles
    • AutoX, Inc.**
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • Baidu 
    • BMW AG
    • Daimler AG
    • EasyMile
    • Ford Motor Company
    • GM Cruise LLC
    • Hyundai
    • Tesla, Inc.
    • Waymo LLC

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Robotaxi Market – Global Forecast to 2028’

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Vehicle
      • Market Snippet, By Service
      • Market Snippet, By Propulsion
      • Market Snippet, By Component
      • Market Snippet, By Application Type
      • Market Snippet, By Level of Autonomy
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Solutions Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Robotaxi Market: Impact of COVID-19 on Market
    • Short Term
    • Long term
  5. Global Robotaxi Market, By Vehicle, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Shuttle/Van
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Car
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  6. Global Robotaxi Market, By Service, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Rental
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Station Based
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  7. Global Robotaxi Market, By Propulsion, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Electric
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Fuel Cell
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  8. Global Robotaxi Market, By Component, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • LiDAR
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • RADAR
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
    • Camera
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Sensor
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  9. Global Robotaxi Market, By Application Type, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Goods Transportation
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Passenger Transportation
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  10. Global Robotaxi Market, By Level of Autonomy, 2017-2028 (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Level Four
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Million)
    • Level Five
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
  11. Global Robotaxi Market, By Region, 2017-2028  (US$ Million)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Vehicle, 2021–2028(US$ Million)
      • Market Size and Forecast, By Service, 2021–2028(US$ Million)
      • Market Size and Forecast, By Propulsion, 2021–2028(US$ Million)
      • Market Size and Forecast, By Component, 2021–2028(US$ Million)
      • Market Size and Forecast, By Application Type, 2021–2028(US$ Million)
      • Market Size and Forecast, By Vehicle Level of Autonomy, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Vehicle, 2021–2028(US$ Million)
      • Market Size and Forecast, By Service, 2021–2028(US$ Million)
      • Market Size and Forecast, By Propulsion, 2021–2028(US$ Million)
      • Market Size and Forecast, By Component, 2021–2028(US$ Million)
      • Market Size and Forecast, By Application Type, 2021–2028(US$ Million)
      • Market Size and Forecast, By Vehicle Level of Autonomy, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • U.K.
        • Spain
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Vehicle, 2021–2028(US$ Million)
      • Market Size and Forecast, By Service, 2021–2028(US$ Million)
      • Market Size and Forecast, By Propulsion, 2021–2028(US$ Million)
      • Market Size and Forecast, By Component, 2021–2028(US$ Million)
      • Market Size and Forecast, By Application Type, 2021–2028(US$ Million)
      • Market Size and Forecast, By Vehicle Level of Autonomy, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Vehicle, 2021–2028(US$ Million)
      • Market Size and Forecast, By Service, 2021–2028(US$ Million)
      • Market Size and Forecast, By Propulsion, 2021–2028(US$ Million)
      • Market Size and Forecast, By Component, 2021–2028(US$ Million)
      • Market Size and Forecast, By Application Type, 2021–2028(US$ Million)
      • Market Size and Forecast, By Vehicle Level of Autonomy, 2021–2028(US$ Million)
      • Market Share Analysis, By Country, 2017 and 2028 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Regional Trends
      • Market Size and Forecast, By Vehicle, 2021–2028(US$ Million)
      • Market Size and Forecast, By Service, 2021–2028(US$ Million)
      • Market Size and Forecast, By Propulsion, 2021–2028(US$ Million)
      • Market Size and Forecast, By Component, 2021–2028(US$ Million)
      • Market Size and Forecast, By Application Type, 2021–2028(US$ Million)
      • Market Size and Forecast, By Vehicle Level of Autonomy, 2021–2028(US$ Million)
      • Market Share Analysis, By Country/Region, 2017 and 2028 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  12. Competitive Landscape
    • Company Profiles
      • AutoX, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Baidu 
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • BMW AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Daimler AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EasyMile
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ford Motor Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • GM Cruise, LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hyundai
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Tesla, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Waymo LLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  13. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on ‘Robotaxi Market – Global forecast to 2028’

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