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Robo Taxi Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Sep 2022
  • Pages: 122
  • SKU: IRTNTR74371
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The Robo taxi market is projected to grow by USD 568.65 million with a CAGR of 8.21% during the forecast period 2021 to 2026.

This robo taxi market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the robo taxi market segmentation by application (goods transportation and passenger transportation) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). The robo taxi market report also offers information on several market vendors, including Aptiv Plc, Argo AI LLC, Aurora Operations Inc., AutoX Inc., Baidu Inc, Beijing Xiaoju Technology Co. Ltd., Cruise LLC, Easymile SAS, LeddarTech Inc., Lyft Inc, May Mobility, Mobileye Technologies Ltd., Navya SA, Nissan Motor Co. Ltd., Nuro Inc., NVIDIA Corp., Tesla Inc., Waymo LLC, WeRide, ZF Friedrichshafen AG, and Zoox among others.

What will the Robo Taxi Market Size be During the Forecast Period?

Robo Taxi Market Size

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Robo Taxi Market: Key Drivers, Trends, and Challenges

Our researcher studied the historical data for years, with 2021 as the base year and 2022 as the estimated year, and produced drivers, trends, and challenges for the robo taxi market. In the COVID-19 pandemic, the demand for the robo taxi market was impacted significantly. A holistic analysis of drivers will help in predicting exact demands and refining marketing strategies to gain a competitive advantage.

Key Robo Taxi Market Driver

  • Increased focus of OEMs on the development of robo taxis is one of the key drivers fueling the robo taxi market growth.
  • The automotive industry is witnessing a structural shift in terms of demand-side behavior.
  • In the late 1970s and the early 1980s, vehicles were perceived as an extension of the personality of an end-user. This phenomenon has drastically changed, where the generation of Baby Boomers and Millennials have shifted to new car ownership models, such as carpooling, cab services, and car rentals, owing to factors such as traffic congestion in urban areas and cities. 
  • Although the robo taxi concept is still in a nascent stage for commercialization, numerous experts are expecting this concept to drive the future of the automotive industry. 
  • In the US government, regulatory bodies are expected to drive collaboration between the automotive and electronics industries by introducing directives that mandate automotive OEMs to provide technical support in the form of hardware and software updates for a minimum of ten years after the launch of a model, compelling OEMs to enter into long-term partnerships with manufacturers of electronics. This, in turn, will drive market growth in the forecasted period.

Key Robo Taxi Market Trend

  • Internet of Things integration powered by AI technology in automobiles is one of the key robo taxi market trends propelling the market growth.
  • IoT generally means a network created by physical devices such as home appliances, vehicles, and other items embedded with network connectivity, actuators, sensors, software, and electronics to communicate with each other. 
  • IoT integration is necessary for autonomous vehicles as automotive AI would require inputs from multiple physical devices to perform its actions effectively.
  • Autonomous AI would require data analytics and sophisticated mapping features to support the self-drive function. This will drive vehicle manufacturers to enter into partnerships with hardware and software companies to develop technological building blocks.
  • IoT allows automotive AI in a vehicle to read information stored within the cloud and alter drive patterns accordingly. This system will also help in reducing traffic and reducing the chances of an accident when vehicles communicate with each other about speed and braking distance. Owing to these factors, the market is expected to witness significant growth during the forecast period.

Key Robo Taxi Market Challenge

  • Less system reliability is one of the factors limiting the robo taxi market growth.
  • System reliability is being challenged by users, and this determines the acceptance level among users.
  • Since the passenger vehicles market is likely to register a high number of first-time users of autonomous technologies, customers must be repeatedly assured of the reliability of such new technology-enabled systems and sub-systems. 
  • Although Level 3 autonomous vehicles use an advanced driver assistance system (ADAS) to prevent accidents and assist the driver, the safety aspect is still not very clear. 
  •  Sensors and systems that deliver vehicle automation need to be tuned accurately to avoid false positives. Improper tuning of the autonomous vehicle technology system may create unwanted stoppages of the vehicle.
  • The purpose of the autonomous vehicle technology system is defeated if the technology is tuned to generate only high-risk alerts. Therefore, electronic system manufacturers need to consider such consequences if they must deliver in line with user expectations. 

This robo taxi market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global robo taxi market as a part of the global trucking market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the robo taxi market during the forecast period.

Who are the Major Robo Taxi Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Aptiv Plc
  • Argo AI LLC
  • Aurora Operations Inc 
  • AutoX Inc.
  • Baidu Inc
  • Beijing Xiaoju Technology Co. Ltd.
  • Cruise LLC
  • Easymile SAS
  • LeddarTech Inc.
  • Lyft Inc
  • May Mobility
  • Mobileye Technologies Ltd.
  • Navya SA
  • Nissan Motor Co. Ltd.
  • Nuro Inc.
  • NVIDIA Corp.
  • Tesla Inc.
  • Waymo LLC
  • WeRide
  • ZF Friedrichshafen AG
  • Zoox

 

This statistical study of the robo taxi market encompasses successful business strategies deployed by the key vendors. The robo taxi market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • easymile.com - The company offers robo taxi services such as the EZ10 passenger shuttle.

To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

The robo taxi market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Robo Taxi Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the robo taxi market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Robo Taxi Market?

Robo Taxi Market Share by Geography

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32% of the market’s growth will originate from APAC during the forecast period. China is the key market for the robo taxi market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Another region offering significant growth opportunities to vendors is North America. The presence of well-developed road infrastructure and connectivity solutions will facilitate the robo taxi market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID-19 Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the regional market. However, the large-scale vaccination drives conducted in the region led to the lifting of COVID-19-related restrictions in 2021. This, in turn, is expected to drive the growth of the regional market during the forecast period.

What are the Revenue-generating Application Segments in the Robo Taxi Market?

Robo Taxi Market Share

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The robo taxi market share growth by the goods transportation segment will be significant during the forecast period. Although there are stringent regulations and policies in terms of the use of robo taxis, growing government initiatives in some countries to promote commercial robo taxis are encouraging the use of robo taxis. Various governments worldwide, such as the US, Dubai, and Canada, are formulating policies and regulations for promoting robo-taxi transportation and logistics. These initiatives are anticipated to strengthen the goods transportation segment of the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the robo taxi market size and actionable market insights on the post-COVID-19 impact on each segment.

 

Robo Taxi Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 8.21%

Market growth 2022-2026

$568.65 million

Market structure

Fragmented

YoY growth (%)

8.06

Regional analysis

North America, Europe, APAC, South America, and the Middle East and Africa

Performing market contribution

APAC at 32%

Key consumer countries

US, Canada, China, Germany, and UK

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Aptiv Plc, Argo AI LLC, Aurora Operations Inc., AutoX Inc., Baidu Inc, Beijing Xiaoju Technology Co. Ltd., Cruise LLC, Easymile SAS, LeddarTech Inc., Lyft Inc, May Mobility, Mobileye Technologies Ltd., Navya SA, Nissan Motor Co. Ltd., Nuro Inc., NVIDIA Corp., Tesla Inc., Waymo LLC, WeRide, ZF Friedrichshafen AG, and Zoox

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Robo Taxi Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive robo taxi market growth during the next five years
  • Precise estimation of the robo taxi market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the robo taxi industry across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of robo taxi market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Application

    • 5.1 Market segments
      • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
    • 5.2 Comparison by Application
      • Exhibit 26: Chart on Comparison by Application
      • Exhibit 27: Data Table on Comparison by Application
    • 5.3 Goods transportation - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Goods transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Goods transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Goods transportation - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Goods transportation - Year-over-year growth 2021-2026 (%)
    • 5.4 Passenger transportation - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Passenger transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Passenger transportation - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Passenger transportation - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Passenger transportation - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Application
      • Exhibit 36: Market opportunity by Application ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Argo AI LLC
              • Exhibit 89: Argo AI LLC - Overview
              • Exhibit 90: Argo AI LLC - Product / Service
              • Exhibit 91: Argo AI LLC - Key offerings
            • 10.4 AutoX Inc.
              • Exhibit 92: AutoX Inc. - Overview
              • Exhibit 93: AutoX Inc. - Product / Service
              • Exhibit 94: AutoX Inc. - Key offerings
            • 10.5 Baidu Inc
              • Exhibit 95: Baidu Inc - Overview
              • Exhibit 96: Baidu Inc - Business segments
              • Exhibit 97: Baidu Inc - Key offerings
              • Exhibit 98: Baidu Inc - Segment focus
            • 10.6 Beijing Xiaoju Technology Co. Ltd.
              • Exhibit 99: Beijing Xiaoju Technology Co. Ltd. - Overview
              • Exhibit 100: Beijing Xiaoju Technology Co. Ltd. - Product / Service
              • Exhibit 101: Beijing Xiaoju Technology Co. Ltd. - Key offerings
            • 10.7 Cruise LLC
              • Exhibit 102: Cruise LLC - Overview
              • Exhibit 103: Cruise LLC - Product / Service
              • Exhibit 104: Cruise LLC - Key offerings
            • 10.8 Easymile SAS
              • Exhibit 105: Easymile SAS - Overview
              • Exhibit 106: Easymile SAS - Product / Service
              • Exhibit 107: Easymile SAS - Key news
              • Exhibit 108: Easymile SAS - Key offerings
            • 10.9 Navya SA
              • Exhibit 109: Navya SA - Overview
              • Exhibit 110: Navya SA - Product / Service
              • Exhibit 111: Navya SA - Key offerings
            • 10.10 Tesla Inc.
              • Exhibit 112: Tesla Inc. - Overview
              • Exhibit 113: Tesla Inc. - Business segments
              • Exhibit 114: Tesla Inc. - Key offerings
              • Exhibit 115: Tesla Inc. - Segment focus
            • 10.11 Waymo LLC
              • Exhibit 116: Waymo LLC - Overview
              • Exhibit 117: Waymo LLC - Product / Service
              • Exhibit 118: Waymo LLC - Key offerings
            • 10.12 ZF Friedrichshafen AG
              • Exhibit 119: ZF Friedrichshafen AG - Overview
              • Exhibit 120: ZF Friedrichshafen AG - Business segments
              • Exhibit 121: ZF Friedrichshafen AG - Key news
              • Exhibit 122: ZF Friedrichshafen AG - Key offerings
              • Exhibit 123: ZF Friedrichshafen AG - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 124: Inclusions checklist
                • Exhibit 125: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 126: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 127: Research methodology
                • Exhibit 128: Validation techniques employed for market sizing
                • Exhibit 129: Information sources
              • 11.5 List of abbreviations
                • Exhibit 130: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Robo Taxi market growth will increase by $568.65 million during 2022-2026.
              The robo taxi market is expected to grow at a CAGR of 8.21% during 2022-2026.
              Technavio has segmented the robo taxi market by geographic (North America, Europe, APAC, South America, and Middle East and Africa).
              Aptiv Plc, Argo AI LLC, Aurora Operations Inc. , AutoX Inc., Baidu Inc, Beijing Xiaoju Technology Co. Ltd., Cruise LLC, Easymile SAS, LeddarTech Inc., Lyft Inc, May Mobility, Mobileye Technologies Ltd., Navya SA, Nissan Motor Co. Ltd., Nuro Inc., NVIDIA Corp., Tesla Inc., Waymo LLC, WeRide, ZF Friedrichshafen AG, Zoox are a few of the key vendors in the robo taxi market.
              APAC will register the highest growth rate of 31.91% among the other regions. Therefore, the robo taxi market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              • US
              • Canada
              • China
              • Germany
              • UK
              The key factors driving the robo taxi market growth are:
              • Increased focus of OEMs toward the development of robo taxi
              • Internet of things integration powered by AI technology for automobiles
              The robo taxi market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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