By Application (Good Transportation, Passenger Transportation, Infotainment, and Driver Assistance), By Component (LiDAR, RADAR, Camera, Sensor), By Propulsion Type (Electric Vehic......les, Fuel Cell Vehicles, Hybrid Vehicles), By Level of Autonomy (Level 4, Level 5), By Vehicle (Car, Shuttle/Van), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), By Country (US, Canada, Brazil, Argentina, Mexico, Germany, France, UK, Spain, Italy, Russia, China, India, Japan, Australia, South Korea, UAE, Saudi Arabia, South Africa), By Competitors (Cruise LLC (subsidiary of General Motor Company), Daimler AG, Ford Motor Company, Lyft, Inc., Nissan Motor Corporation, Tesla, Uber Technologies, Volkswagen AG, Volvo Group, WAYMO LLC (subsidiary of Alphabet Inc.)) Read more
- Automotive
- May 2021
- 243
- PDF, Excel, PPT
Market Overview
Robotaxis, also known as driverless or self-driving taxis, are autonomous cars that operate in e-hailing services. These taxis do not have an actual driver driving the vehicle, and passengers can book their ride through their smartphone application.
According to the MarkNtel Advisors' research report, "Global Robotaxi Market Analysis, 2021," the market is likely to grow at a CAGR of around 60% during 2021-26 due to the surging demand for e-hailing services and mounting concerns over road safety & emissions. Robotaxis can help reduce the cost of vehicle ownership, enhance fleet management, and provide a convenient & budget mode of transportation. Further, the rising trend of offering mobility as a service via Robotaxis shall present a sustainable revenue stream in the forecast period. In addition to this, burgeoning investments by industry leaders to enhance connectivity shall also actively drive market growth.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2016-19 |
| Base Year: 2020 | |
| Forecast Period: 2021-26 | |
| CAGR (2021-2026) | 60% |
| Regions Covered | North America: USA, Canada, Mexico |
| Europe: Germany, UK, France, Italy, Spain | |
| Asia-Pacific: China, India, Japan, South Korea, Australia | |
| South America: Brazil, Argentina | |
| Middle East: UAE, Saudi Arabia, South Africa | |
| Key Companies Profiled | Cruise LLC (a subsidiary of General Motor Company), Daimler AG, Ford Motor Company, Lyft, Inc., Nissan Motor Corporation, Tesla, Uber Technologies, Volkswagen AG, Volvo Group, WAYMO LLC (a subsidiary of Alphabet Inc.) |
| Unit Denominations | USD Million/Billion |
Impact of COVID-19
The sudden outbreak of the COVID-19 pandemic has adversely affected the overall automotive market. The Global Robotaxi market also witnessed unprecedented loss amid the pandemic owing to the lockdown imposed & strict restriction on cross-border trade laid by the government. Also, the temporary shutdown of manufacturing plants affected the production capacity of the market. However, as the market resumes, the collective efforts of the government and market players are likely to boost the market growth in the coming years.
- Introduction
- Product Definition
- Research Process
- Assumptions
- Market Segmentation
- Preface
- Executive Summary
- Impact of COVID-19 on Global Robotaxi Market
- Global Robotaxi Market Trends & Insights
- Global Robotaxi Market Dynamics
- Drivers
- Challenges
- Impact Analysis
- Global Robotaxi Market Hotspots & Opportunities
- Global Robotaxi Market Regulations & Policy
- Global Robotaxi Market Outlook, 2016- 2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- Good Transportation
- Passenger Transporation
- Infotainment and Driver Assistance
- By Component
- LiDAR
- RADAR
- Camera
- Sensor
- By Propulsion Type
- Electric Vehicles
- Fuel Cell Vehicles
- Hybrid Vehicles
- By Level of Autonomy
- Level 4
- Level 5
- By Vehicle
- Car
- Shuttle/Van
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
- By Competitors
- Competition Characteristics
- Market Share & Analysis
- Competitive Metrix
- By Application
- Market Size & Analysis
- North America Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- By Country
- The US
- Canada
- Mexico
- The US Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Canada Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Mexico Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Market Size & Analysis
- South America Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- By Country
- Brazil
- Argentina
- Others
- Brazil Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Argentina Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Market Size & Analysis
- Europe Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- By Country
- Germany
- The UK
- France
- Italy
- Spain
- Russia
- Others
- Germany Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- The UK Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- France Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Italy Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- Market Size & Analysis
- Spain Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Russia Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Market Size & Analysis
- Middle East & Africa Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- By Country
- UAE
- Saudi Arabia
- South Africa
- Others
- UAE Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Saudi Arabia Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- South Africa Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Others
- China Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- India Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Japan Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- South Korea Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Australia Robotaxi Market Outlook, 2016-2026F
- Market Size & Analysis
- By Revenue
- By Units
- Market Share & Analysis
- By Application
- By Component
- By Propulsion Type
- By Level of Autonomy
- By Vehicle
- Market Size & Analysis
- Market Size & Analysis
- Key Strategic Imperatives for Success and Growth
- Competition Outlook
- Competition Matrix
- Product Portfolio
- Target Markets
- Target End Users
- Research & Development
- Strategic Alliances
- Strategic Initiatives
- Company Profiles
- Cruise LLC (subsidiary of General Motor Company)
- Daimler AG
- Ford Motor Company
- Lyft, Inc.
- Nissan Motor Corporation
- Tesla
- Uber Technologies
- Volkswagen AG
- Volvo Group
- WAYMO LLC (subsidiary of Alphabet Inc.)
- Competition Matrix
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making
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