Market Outlook 2021-2026:
The global robo taxi market reached a value of US$ 418.6 Million in 2020. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Robo taxi, or robo cab, refers to a self-driving autonomous vehicle, which is operated by on-demand mobility or e-taxi service providers. It requires minimal or no human intervention for driving and the passengers can request for the taxi through a smartphone application. It operates through Mobility-as-a-Service (MaaS) platforms and offers a safe, convenient and cost-effective mode of transportation. Robo taxis are equipped with cameras, radio detection and ranging (RADAR) and light detection and ranging (LiDAR) systems and smart ultrasonic sensors to operate smoothly, prevent collisions, reduce fatalities and facilitate vehicle management. They usually have electric, hybrid and fuel cell propulsion systems and can be used for the transportation of both passengers and material goods.
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Robo Taxi Market Trends:
Significant growth in the automotive industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the increasing demand for self-driving and autonomous vehicles is providing a thrust to the market growth. The rising levels of traffic and greenhouse gas emissions are also impacting the demand for robo taxis. Robo taxis operate through electric and fuel cell-based technologies, which are highly fuel-efficient and emission-free. They are also equipped with advanced technologies to detect objects or obstacles in the way and sense the speed of nearby vehicles to ensure road safety and prevent accidents. Additionally, the implementation of favorable government policies promoting the development of smart cities and sustainable infrastructural expansion, especially in the developing economies, is contributing to the market growth. Other factors, including shifting consumer preference from vehicle ownership to shared mobility solutions, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global robo taxi market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on application, level of autonomy, vehicle, service and propulsion.
Breakup by Application:
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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Breakup by Level of Autonomy:
Breakup by Vehicle:
Breakup by Service:
Breakup by Propulsion:
- Electric
- Hybrid
- Fuel Cell
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptiv plc, Continental AG, Daimler AG, Ford Motor Company, NAVYA, NVIDIA Corporation, Ridecell Inc and Waymo LLC (Alphabet Inc.).
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Million |
| Segment Coverage |
Application, Level of Autonomy, Vehicle, Service, Propulsion, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Aptiv plc, Continental AG, Daimler AG, Ford Motor Company, NAVYA, NVIDIA Corporation, Ridecell Inc and Waymo LLC (Alphabet Inc.) |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global robo taxi market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global robo taxi market?
- What are the key regional markets?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the level of autonomy?
- What is the breakup of the market based on the vehicle?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the propulsion?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global robo taxi market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Robo Taxi Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Goods
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Passenger
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Level of Autonomy
7.1 Level 4
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Level 5
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Vehicle
8.1 Car
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Shuttle/Van
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Service
9.1 Rental
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Station-based
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Propulsion
10.1 Electric
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Hybrid
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Fuel Cell
10.3.1 Market Trends
10.3.2 Market Forecast
11 Market Breakup by Region
11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast
12 SWOT Analysis
12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 Aptiv plc
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Continental AG
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Daimler AG
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Ford Motor Company
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 NAVYA
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.6 NVIDIA Corporation
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.6.4 SWOT Analysis
16.3.7 Ridecell Inc
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.8 Waymo LLC (Alphabet Inc.)
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
List of Figures
Figure 1: Global: Robo Taxi Market: Major Drivers and Challenges
Figure 2: Global: Robo Taxi Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Robo Taxi Market: Breakup by Application (in %), 2020
Figure 5: Global: Robo Taxi Market: Breakup by Level of Autonomy (in %), 2020
Figure 6: Global: Robo Taxi Market: Breakup by Vehicle (in %), 2020
Figure 7: Global: Robo Taxi Market: Breakup by Service (in %), 2020
Figure 8: Global: Robo Taxi Market: Breakup by Propulsion (in %), 2020
Figure 9: Global: Robo Taxi Market: Breakup by Region (in %), 2020
Figure 10: Global: Robo Taxi (Goods) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Robo Taxi (Goods) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Robo Taxi (Passenger) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Robo Taxi (Passenger) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Robo Taxi (Level 4) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Robo Taxi (Level 4) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Robo Taxi (Level 5) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Robo Taxi (Level 5) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Robo Taxi (Car) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Robo Taxi (Car) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Robo Taxi (Shuttle/Van) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Robo Taxi (Shuttle/Van) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Robo Taxi (Rental) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Robo Taxi (Rental) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Robo Taxi (Station-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Robo Taxi (Station-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Robo Taxi (Electric) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Robo Taxi (Electric) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Robo Taxi (Hybrid) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Robo Taxi (Hybrid) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Robo Taxi (Fuel Cell) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Robo Taxi (Fuel Cell) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: North America: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: North America: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: United States: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: United States: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Canada: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Canada: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Asia-Pacific: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Asia-Pacific: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: China: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: China: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Japan: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Japan: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: India: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: India: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: South Korea: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: South Korea: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Australia: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Australia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Indonesia: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Indonesia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Others: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Europe: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Europe: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Germany: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Germany: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: France: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: France: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: United Kingdom: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: United Kingdom: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Italy: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Italy: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Spain: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Spain: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Russia: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Russia: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Others: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Latin America: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Latin America: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Brazil: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Brazil: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Mexico: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Mexico: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Others: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Others: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Middle East and Africa: Robo Taxi Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Middle East and Africa: Robo Taxi Market: Breakup by Country (in %), 2020
Figure 80: Middle East and Africa: Robo Taxi Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Global: Robo Taxi Industry: SWOT Analysis
Figure 82: Global: Robo Taxi Industry: Value Chain Analysis
Figure 83: Global: Robo Taxi Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Robo Taxi Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Robo Taxi Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 3: Global: Robo Taxi Market Forecast: Breakup by Level of Autonomy (in Million US$), 2021-2026
Table 4: Global: Robo Taxi Market Forecast: Breakup by Vehicle (in Million US$), 2021-2026
Table 5: Global: Robo Taxi Market Forecast: Breakup by Service (in Million US$), 2021-2026
Table 6: Global: Robo Taxi Market Forecast: Breakup by Propulsion (in Million US$), 2021-2026
Table 7: Global: Robo Taxi Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 8: Global: Robo Taxi Market: Competitive Structure
Table 9: Global: Robo Taxi Market: Key Players