Global Market Insights on Robo-Taxi: Insights and Forecast 2019-2025

Global Market Insights on Robo-Taxi: Insights and Forecast 2019-2025

Emphasis on Component (Camera, LiDAR, Radar, Ultrasonic Sensors), Level of Autonomy (Level 4, Level 5), Propulsion (Electric Robo-taxi, Hybrid Robo-taxi, Fuel Cell Robo-taxi), Vehicle Type (Passenger Car, Shuttle, Goods Carrier Vans), Application (Passenger Carrier, Goods Carrier) and Region/Country

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Published: Aug-2019

Pages:268

Table:149

Figure:110

Report ID:UMAU19152

Robo-Taxi market crossed 1,600 units mark in 2018 and is expected to grow at a CAGR of 124.6% during the forecast period 2019-2025. In a pioneering leap into the future, Robo-taxi is basically a self-driving or a driverless car which was launched recently in the market. After years of focused and intensive testing in the autonomous vehicles (SAE Level 4 or Level 5), today the companies have started to roll out such vehicles for e-hailing (on-demand mobility) service for regular commuters. The Robo-taxi generally eliminates the need of a human chauffeur, which costs a significant part of the operating costs. The Robo-taxi service could make shared mobility much more affordable to the commuters and is expected to boost the demand of Transportation-as-a-Service (TaaS) solutions, which will drive the growth of the Robo-taxi market over the analysed period.

One of the most significantly adopted applications of the Robo-taxi include Autonomous Mobility on Demand (AMoD) service, especially in the metro regions. Autonomous Mobility on Demand (AMoD) is the solution that will drive the revolution towards self-driving cars. The AMoD is a technology comprising hardware, software, vehicle and its surrounding data that will improve the safety and economics of the ride. On an estimate, the Mobility on Demand (MoD) costs nearly US$ 2/mile, car ownership costs US$ 0.8/mile while AMoD costs US$ 0.3/mile. Hence, today, a number of companies are working on developing AMoD technology. In addition, increasing concern over road safety, emissions, reduction in road congestion and soaring demand for ride-hailing services are further expected to propel the growth of Robo-taxi market over the projection period.

Estimate Adoption of Autonomous Vehicle and Key Milestones

Across the globe, governments and market players are currently focusing on promoting autonomous vehicles in the public transportation and fleets, with emphasis on taxis, vans and shuttles. One of the biggest hurdles in the growth of Robo-Taxi market globally is the dearth of required infrastructure. With increasing government support, several stakeholders are investing huge money in developing the required vehicle-to-infrastructure (V2I) systems, such as sensors in roads or street signs that send signals to AVs, helping autonomous vehicles navigate city streets seamlessly. Further, development on V2I technology such as dedicated short-range communications (DSRC) and cellular vehicle-to-everything (C-V2X) systems is in progress, which would further help autonomous vehicle such as Robo-taxi to widen its adoption in major developed and developing regions.

“Level 4 of Robo-Taxi Market dominated the market in 2018 and is expected to maintain its lead by 2025”

Based on level of autonomy, Robo-Taxi market has been segmented into Level 4 and Level 5. In 2018, level 4 dominated the market and is expected to maintain its lead by 2025. The primarily reason for the dominance of Level 4 vehicle is lack of infrastructure for level 5 across major countries.

“Amongst propulsion type, hybrid Robo-taxi holds the major share in 2018, while fuel cell is expected to grow considerably during the forecast period.”

Based on propulsion type, Robo-Taxi market has been segmented into hybrid, electric and fuel cell Robo-Taxi. In 2018, hybrid Robo-Taxi dominated the Robo-Taxi market, generating sales of 939 units. However, with increasing environment concerns and depleting gasoline resources, it is expected that electric Robo-Taxi market will take over hybrid Robo-Taxi in terms of sales over the forecast period.

“Passenger Robo-Taxi Market dominated the market in 2018 and is expected to follow its trend till 2025”

Based on vehicle type, Robo-Taxi market has been segmented into passenger car, shuttle and goods carrier van. In 2018, passenger car dominated the market and is expected to maintain its lead throughout the forecast period 2019-2025. The primarily reason boosting the growth of passenger car segment over the other segments is due to increasing preference to shared mobility services over individual vehicle.

“In terms of application, passenger transportation takes lead over the goods transportation of Robo-Taxi Market  ”

Based on application, Robo-Taxi market is bifurcated into passenger and goods transportation. In 2018, passenger transportation Robo-taxi dominated the market and is expected to maintain its dominance throughout the forecast period, owing to increasing urbanization and people choice for opting a productive and comfortable ride while goods transportation Robo-taxi is expected to grow significantly over the analysed period as e-commerce and other utility companies are going for self-driving vehicles to deliver their consignment to customers.

“North America hold more than 50% of the market share of Robo-Taxi Market in 2018 and is expected to remain the largest market over the forecast period”

Based on region, detailed analysis has been conducted to understand the overall rate of adoption of Robo-Taxi across the different regions including North America, Europe, Asia-Pacific and Rest of World. North America captured the maximum market share and is expected to remain the largest market over the forecast period. However, with increasing acceptance and huge population base with increasing disposable income, Asia-Pacific is expected to witness exponential grow over the analysed period.

Competitive Landscape

Robo-taxi market comprises of automakers, technology providers and service providers. As the concept is innovative and emerging, each player is trying their best to increase their market share and presence. The success of Robo-taxis is expected to change car-ownership and public-transportation dynamics at a fundamental level as it offers lower mobility costs, greater convenience and increased productivity as they free occupants from driving. Robo-Taxi market is majorly dominated by large companies, accounting for nearly 75% market share. Some of the leading players operating in the market include Waymo, BMW, Tesla, Daimler, GM Cruise, Nissan-Renault and Volkswagen; while Navya, Aptiv, Nvidia, Valeo, Baidu, Uber, Lyft, eaymile are among others. These players are working endlessly to offer consumer a better and sustainable mobility service across the globe.

Reasons to buy (The research report presents):

  • Current and future market size from 2018 to 2025 in terms of Volume and value (US$)
  • Combined analysis of deep dive secondary research and input from primary research through Key Opinion Leaders of the industry
  • Detail analysis of the Autonomous vehicle technology
  • Detailed Analysis of Ride-hailing service in major countries
  • A quick review of overall industry performance at a glance
  • An In-depth analysis of key industry players
  • A detailed analysis of regulatory framework, drivers, restraints, key trends and opportunities prevailing in the industry
  • Examination of industry attractiveness with the help of Porter’s Five Forces analysis
  • The study comprehensively covers the market across different segments and sub-segments of the technology
  • Region covered: North America (US, Canada), Europe (Germany, UK, France, Spain, Sweden, Netherlands), Asia-Pacific (China, Japan, Singapore, India) and Rest of World

Customization Options:

Robo-Taxi market can be customized to the state level or any other market segment. Besides this, UMI understands that you may have your own business need, hence we also provide fully customized solutions to clients.

  1 MARKET INTRODUCTION  
    1.1 Market Definition  
    1.2 Objective of the Study  
    1.3 Limitation    
    1.4 Stakeholders    
    1.5 Currency used in the Report
    1.6 Scope of the Global Robo-taxi Market Study
  2 RESEARCH METHODOLOGY  
    2.1 Research Methodology for Global Robo-taxi Market Study
      2.1.1 Main objective of the Global Robo-taxi Market Study
  3 ROBO-TAXI COST ANALYSIS  
    3.1 General Overview  
      3.1.1 Autonomous Vehicle Operational Models Compared
      3.1.2 Ownership and Operating Costs
      3.1.3 Overlooked Cost
      3.1.4 Cost structures
  4 ROBO-TAXI: IMPACT ON USER TRUST AND WILLINGNESS TO USE
    4.1 General Overview  
  5 EXECUTIVE SUMMARY    
    5.1 Robo-taxi: A potential game changer for urban mobility
  6 INDUSTRY PERFORMANCE  
  7 MARKET OVERVIEW    
    7.1 Introduction of Robo-taxi
      7.1.1 Robo-taxi’s Disruptive Potential Across Automotive Megatrends
      7.1.2 Future Deployment Model of Robo-taxi
    7.2 Overview of Autonomous Vehicle Technology
      7.2.1 Layers of autonomy
      7.2.2 Milestone for Autonomous Vehicle 2018
      7.2.3 Estimate on Adoption of Autonomous vehicle and Key Future Milestones
      7.2.4 Innovation Deployment Patterns
      7.2.5 Deployment Predictions
      7.2.6 Travel Impacts of Autonomous Vehicle
      7.2.7 Key Autonomous Vehicle Planning Issues
      7.2.8 Key Autonomous Vehicle Planning Issues
      7.2.9 Autonomous Taxi Service Impacts
      7.2.10 Advantage & Disadvantage of Autonomous Vehicle
      7.2.11 Impact of Autonomous Vehicle on Different Industries
    7.3 Market Dynamics  
      7.3.1 Market Trend & Drivers
        7.3.1.1 Deployment of Autonomous Vehicles
          7.3.1.1.1 Increasing race
          7.3.1.1.2 The race to autonomy
        7.3.1.2 Rising demand for Fuel-efficient and Emission-Free vehicles
        7.3.1.3 Safety Concern and Better Traffic Control
      7.3.2 Market Restraints
        7.3.2.1 Autonomous Vehicles May Reduce the Need of Human Interventions
        7.3.2.2 High Cost of Implementation
        7.3.2.3 Threat from Hackers
      7.3.3 Market Opportunities
        7.3.3.1 Increasing Support from Governments and Key Players
        7.3.3.2 Robotic Assistance in Autonomous Vehicle
        7.3.3.3 Increasing Demand for Ride-Hailing Services
        7.3.3.4 Rapid Urbanization to Develop Better Infrastructure
          7.3.3.4.1 Some Key Facts on Urbanization
  8 KEY MARKET INDICATORS  
    8.1 Demand and Supply Side Analysis
      8.1.1.1 The Impacts of Increasing Vehicle Automation
        8.1.1.2 A Dynamic Model of Demand for Driving with AVs
          8.1.1.2.1 Feedbacks Governing Demand for Driving
          8.1.1.2.2 The Introduction of AVs
      8.1.2 SWOT Analysis of Autonomous Vehicles
      8.1.3 Value Chain Analysis of Autonomous Vehicles (Robo-taxi)
  9 MARKET INSIGHST BY COMPONENT
    9.1 General Overview  
      9.1.1 Camera  
      9.1.2 LiDAR    
      9.1.3 Radar    
        9.1.3.1 Short-range radio applications include:
      9.1.4 Ultrasonic Sensors
  10 MARKET INSIGHT BY LEVEL OF AUTONOMY
    10.1 General Overview  
      10.1.1 Level 4    
      10.1.2 Level 5    
  11 MARKET INSIGHT BY PROPULSION
    11.1 General Overview  
      11.1.1 Electric Robo-taxi
      11.1.2 Hybrid Robo-taxi
        11.1.2.1 Developments by key players help in boosting the Hybrid Robo-taxi Market
      11.1.3 Fuel Cell Robo-taxi
  12 MARKET INSIGHT BY VEHICLE TYPE
    12.1 General Overview  
      12.1.1 Passenger Car  
      12.1.2 Shuttle  
      12.1.3 Goods Carrier Vans
  13 MARKET INSIGHT BY APPLICATION
    13.1 General Overview  
      13.1.1 Passenger Carrier
      13.1.2 Goods Vehicle  
  14 MARKET INSIGHT BY REGION  
    14.1 General Overview  
    14.2 North America Robo-taxi Market Insight
      14.2.1 North America Robo-taxi Market by Level of Autonomy
      14.2.2 North America Robo-taxi Market by Propulsion
      14.2.3 North America Robo-taxi Market by Vehicle Type
      14.2.4 North America Robo-taxi Market by Application
      14.2.5 North America Robo-taxi Market by Country
      14.2.6 United States  
        14.2.6.1 Regulatory Overview
          14.2.6.1.1 The NHTSA’s 2016 Federal automated vehicles policy
          14.2.6.1.2 Vehicle Performance Guidance for Automated Vehicles
          14.2.6.1.3 Model state policy
          14.2.6.1.4 NHTSA’s current regulatory tools
          14.2.6.1.5 New Tools and Authorities
        14.2.6.2 US Robo-taxi Services Market
        14.2.6.3 US Robo-taxi Market by Level of Autonomy
        14.2.6.4 US Robo-taxi Market by Propulsion
        14.2.6.5 US Robo-taxi Market by Vehicle Type
        14.2.6.6 US Robo-taxi Market by Application
      14.2.7 Canada  
        14.2.7.1 Regulatory Overview
          14.2.7.1.1 Roles and Responsibilities of Each Level of Government
          14.2.7.1.2 Trial Guidelines
        14.2.7.2 Canada Robo-taxi Market by Level of Autonomy
        14.2.7.3 Canada Robo-taxi Market by Propulsion
        14.2.7.4 Canada Robo-taxi Market by Vehicle Type
        14.2.7.5 Canada Robo-taxi Market by Application
    14.3 Europe Robo-taxi Market Insight
      14.3.1 Future ACES trends for European Automotive Industry
      14.3.2 Europe Robo-taxi Market by Level of Autonomy
      14.3.3 Europe Robo-taxi Market by Propulsion
      14.3.4 Europe Robo-taxi Market by Vehicle Type
      14.3.5 Europe Robo-taxi Market by Application
      14.3.6 Europe Robo-taxi Market by Country
      14.3.7 Germany  
        14.3.7.1 Regulatory Overview
          14.3.7.1.1 Guidelines Summary
          14.3.7.1.2 Overall impact
        14.3.7.2 Germany Robo-taxi Services Market
        14.3.7.3 Germany Robo-taxi Market by Level of Autonomy
        14.3.7.4 Germany Robo-taxi Market by Propulsion
        14.3.7.5 Germany Robo-taxi Market by Vehicle Type
        14.3.7.6 Germany Robo-taxi Market by Application
      14.3.8 France    
        14.3.8.1 Regulatory Overview
          14.3.8.1.1 Product Safety
          14.3.8.1.2 Product Liability
          14.3.8.1.3 Risks of Cyber-Attacks
          14.3.8.1.4 Commission report on the Directive and Expert Group
          14.3.8.1.5 Badinter Law in case of road traffic accidents
          14.3.8.1.6 Two Key Takeaways:
        14.3.8.2 France Robo-taxi Services Market
        14.3.8.3 France Robo-taxi Market by Level of Autonomy
        14.3.8.4 France Robo-taxi Market by Propulsion
        14.3.8.5 France Robo-taxi Market by Vehicle Type
        14.3.8.6 France Robo-taxi Market by Application
      14.3.9 Spain    
        14.3.9.1 Regulatory Overview
        14.3.9.2 Spain Robo-taxi Market by Level of Autonomy
        14.3.9.3 Spain Robo-taxi Market by Propulsion
        14.3.9.4 Spain Robo-taxi Market by Vehicle Type
        14.3.9.5 Spain Robo-taxi Market by Application
      14.3.10 Sweden  
        14.3.10.1 Regulatory Overview
          14.3.10.1.1 Trial operations and new legal framework
        14.3.10.2 Sweden Robo-taxi Market by Level of Autonomy
        14.3.10.3 Sweden Robo-taxi Market by Propulsion
        14.3.10.4 Sweden Robo-taxi Market by Vehicle Type
        14.3.10.5 Sweden Robo-taxi Market by Application
      14.3.11 United Kingdom
        14.3.11.1 Status of Autonomous and connected vehicles in UK
        14.3.11.2 Regulatory Overview
          14.3.11.2.1 Key concepts being proposed include:
        14.3.11.3 UK Robo-taxi Services Market
        14.3.11.4 UK Robo-taxi Market by Level of Autonomy
        14.3.11.5 UK Robo-taxi Market by Propulsion
        14.3.11.6 UK Robo-taxi Market by Vehicle Type
        14.3.11.7 UK Robo-taxi Market by Application
      14.3.12 Netherlands  
        14.3.12.1.1 The ambitions of the Netherlands for Autonomous Vehicle
          14.3.12.1.2 Netherlands innovative mobility solutions
        14.3.12.2 Regulatory Overview
          14.3.12.2.1 Autonomous Transportation Core Topic for Policy on Traffic
        14.3.12.3 Netherlands Robo-taxi Market by Level of Autonomy
        14.3.12.4 Netherlands Robo-taxi Market by Propulsion
        14.3.12.5 Netherlands Robo-taxi Market by Vehicle Type
        14.3.12.6 Netherlands Robo-taxi Market by Application
    14.4 Asia-Pacific Robo-taxi Market Insight
      14.4.1 Asia-Pacific Robo-taxi Market by Level of Autonomy
      14.4.2 Asia-Pacific Robo-taxi Market by Propulsion
      14.4.3 Asia-Pacific Robo-taxi Market by Vehicle Type
      14.4.4 Asia-Pacific Robo-taxi Market by Application
      14.4.5 Asia-Pacific Robo-taxi Market by Country
      14.4.6 China    
        14.4.6.1 Fundamentally Transforming Mobility
        14.4.6.2 Key facts on Chinese Autonomous Vehicle and Ride-Sharing Cars, Buses, Taxis
        14.4.6.3 Regulatory Overview
          14.4.6.3.1 National mandatory technical standards and regulations
        14.4.6.4 China Robo-taxi Services Market
        14.4.6.5 China Robo-taxi Market by Level of Autonomy
        14.4.6.6 China Robo-taxi Market by Propulsion
        14.4.6.7 China Robo-taxi Market by Vehicle Type
        14.4.6.8 China Robo-taxi Market by Application
      14.4.7 India    
        14.4.7.1 Key Market Insights on Indian Ride Hailing Service, 2019
        14.4.7.2 List of Indian Innovators in self-driving technology
        14.4.7.3 Challenges for Autonomous Vehicle in India
        14.4.7.4 Regulatory Overview
        14.4.7.5 India Robo-taxi Market by Level of Autonomy
        14.4.7.6 India Robo-taxi Market by Propulsion
        14.4.7.7 India Robo-taxi Market by Vehicle Type
        14.4.7.8 India Robo-taxi Market by Application
      14.4.8 Japan    
        14.4.8.1 Fragmented Competition in the Local Taxi Market
        14.4.8.2 Key Market Insights on Indian Ride Hailing Service, 2019
        14.4.8.3 Insights/Quotes on Autonomous driving by Japanese Automakers
        14.4.8.4 Regulatory Overview
          14.4.8.4.1 Connected vehicles
          14.4.8.4.2 Car/ride sharing
        14.4.8.5 Japan Robo-taxi Services Market
        14.4.8.6 Japan Robo-taxi Market by Level of Autonomy
        14.4.8.7 Japan Robo-taxi Market by Propulsion
        14.4.8.8 Japan Robo-taxi Market by Vehicle Type
        14.4.8.9 Japan Robo-taxi Market by Application
      14.4.9 Singapore  
        14.4.9.1 Autonomous Vehicles trials in Singapore
        14.4.9.2 Regulatory Overview
          14.4.9.2.1 Trial Operations and New Legal Framework
        14.4.9.3 Singapore Robo-taxi Market by Level of Autonomy
        14.4.9.4 Singapore Robo-taxi Market by Propulsion
        14.4.9.5 Singapore Robo-taxi Market by Vehicle Type
        14.4.9.6 Singapore Robo-taxi Market by Application
    14.5 Rest of World Market Insight
      14.5.1 Transforming Dubai to Autonomous Mode of Transportation by 2030
      14.5.2 Key Facts on Driverless Vehicle in Brazil
        14.5.2.1 ROW Robo-taxi Services Market
        14.5.2.2 ROW Robo-taxi Market by Level of Autonomy
        14.5.2.3 ROW Robo-taxi Market by Propulsion
        14.5.2.4 ROW Robo-taxi Market by Vehicle Type
        14.5.2.5 ROW Robo-taxi Market by Application
  15 KEY PLAYERS INITIATIVES FOR AUTONOMOUS VEHICLE AND ROBO-TAXI
    15.1 Key Players Collaborations, Partnerships and Future Plans
      15.1.1 General Motors Rumours of Self-Driving by 2018
      15.1.2 Ford True Self-Driving by 2021
      15.1.3 Honda Self-Driving on the Highway by 2020
      15.1.4 Toyota Self-Driving on the Highway by 2020
      15.1.5 Renault-Nissan 2020 for Autonomous Cars in Urban Conditions, 2025 for Truly Driverless Cars
      15.1.6 Volvo Self-Driving on the Highway by 2021
      15.1.7 Hyundai Highway 2020, Urban Driving 2030
      15.1.8 Daimler Nearly Fully Autonomous by Early 2020’s
      15.1.9 Fiat-Chrysler expects there self-driving cars on the road by 2021
      15.1.10 BMW – Fully self-driving possible by 2021
      15.1.11 Tesla Autonomous Vehicle by End of 2019
    15.2 Autonomous Vehicle Evolving Scenario on Public Roads
      15.2.1 Aptiv    
      15.2.2 Aurora    
      15.2.3 Drive.ai  
      15.2.4 Nuro    
      15.2.5 Uber    
      15.2.6 Waymo  
      15.2.7 Zoox    
    15.3 News Releases of Key Players under Autonomous Vehicle
      15.3.1 Amazon Experimenting with Autonomous Package Delivery
        15.3.1.1 Top initiatives
          15.3.1.1.1 Detailed Overview of Amazon on Autonomous Vehicle
      15.3.2 Apple Starting to catch up on Autonomous Vehicle
        15.3.2.1 Top initiatives
          15.3.2.1.1 Detailed Overview of Apple on Autonomous Vehicle
      15.3.3 Aptiv Hits the Road for Testing Autonomous Vehicle
        15.3.3.1 Top initiatives:
          15.3.3.1.1 Detailed Overview of Aptiv on Autonomous Vehicle:
      15.3.4 Audi unveils its Autonomous A8
        15.3.4.1 Top initiatives:
          15.3.4.1.1 Detailed Overview of Audi on Autonomous Vehicle:
      15.3.5 Autoliv and Volvo Cars establish Zenuity
        15.3.5.1 Top initiatives:
          15.3.5.1.1 Detailed Overview of Autoliv and Volvo on Autonomous Vehicle:
      15.3.6 Baidu plans Autonomous car Spinoff, Mass Production
        15.3.6.1 Top initiatives:
          15.3.6.1.1 Detailed Overview of Baidu on Autonomous Vehicle:
      15.3.7 BMW-Intel-Mobileye Alliance Forges Ahead
        15.3.7.1 Top initiatives:
          15.3.7.1.1 Detailed Overview of BMW on Autonomous Vehicle:
      15.3.8 Bosch & Mercedes join forces for Drive Assist Technology
        15.3.8.1 Top initiatives:
          15.3.8.1.1 Detailed Overview of Bosch & Mercedes on Autonomous Vehicle:
      15.3.9 Cisco works on building the data layer of the self-driving car movement
        15.3.9.1 Top initiatives:
          15.3.9.1.1 Detailed Overview of Cisco on Autonomous Vehicle:
      15.3.10 Continental AG takes an incremental approach
        15.3.10.1 Top initiatives:
          15.3.10.1.1 Detailed Overview of Continental AG on Autonomous Vehicle:
      15.3.11 DAF, Daimler, Iveco, MAN, Scania, and Volvo complete truck ‘platooning’ trip
        15.3.11.1 Top initiatives:
          15.3.11.1.1 Detailed Overview of DAF, Daimler etc. on Autonomous Vehicle:
      15.3.12 Didi Chuxing hires Uber, Waymo engineers for its AI lab
        15.3.12.1 Top initiatives:
          15.3.12.1.1 Detailed Overview of Didi on Autonomous Vehicle:
      15.3.13 Ford taps private markets for self-driving, partners with Domino’s & Postmates
        15.3.13.1 Top initiatives:
          15.3.13.1.1 Detailed Overview of Ford on Autonomous Vehicle:
      15.3.14 GM, Lyft aim to deploy thousands of self-driving test cars in 2018
        15.3.14.1 Top Initiatives:
          15.3.14.1.1 Detailed Overview of GM, Lyft on Autonomous Vehicle:
      15.3.15 Honda also testing autonomous cars, offering semi-autonomous features in Civic
        15.3.15.1 Top initiatives:
          15.3.15.1.1 Detailed Overview of Honda on Autonomous Vehicle:
      15.3.16 Huawei autonomous R&D team tops 200, tests smartphone road-recognition tech at Mobile World Congress 2018
        15.3.16.1 Top initiatives:
          15.3.16.1.1 Detailed Overview of Huawai on Autonomous Vehicle:
      15.3.17 Hyundai focuses on affordable driver-assistance technology, aims to release self-driving SUV in 2025
        15.3.17.1 Top initiatives:
          15.3.17.1.1 Detailed Overview of Hyundai on Autonomous Vehicle:
      15.3.18 Jaguar Land Rover focuses on drive assist, partners with Waymo to build self-driving cars
        15.3.18.1 Top initiatives:
          15.3.18.1.1 Detailed Overview of Jaguar Land Rover on Autonomous Vehicle:
      15.3.19 Magna also pursues Lidar, autonomous tech
      15.3.20 Microsoft pursues collaborative strategy with automakers, offers Azure cloud to start-ups
        15.3.20.1 Top initiatives:
          15.3.20.1.1 Detailed Overview of Microsoft on Autonomous Vehicle:
      15.3.21 Nissan/Renault tests self-driving taxis, promises ‘significant autonomous functionality’ by 2020
        15.3.21.1 Top initiatives:
          15.3.21.1.1 Detailed Overview of Nissan/Renault on Autonomous Vehicle:
      15.3.22 Nvidia, Paccar working on Autonomous Trucks
        15.3.22.1 Top initiatives:
          15.3.22.1.1 Detailed Overview of Nvidia on Autonomous Vehicle:
      15.3.23 Samsung enters the driverless race; tests driver assists technologies on roads
        15.3.23.1 Top initiatives:
          15.3.23.1.1 Detailed Overview of Samsung on Autonomous Vehicle:
      15.3.24 SoftBank’s SB Drive venture pushes forward
      15.3.25 PSA Groupe finds start-up partner
        15.3.25.1 Top initiatives:
          15.3.25.1.1 Detailed Overview of PSA Groupe on Autonomous Vehicle:
      15.3.26 Tata Elixsi showcases valet system and focuses on autonomous vehicle security
      15.3.27 Tesla got an early lead but struggles to meet expectations, feuds with NTSB
        15.3.27.1 Top initiatives:
          15.3.27.1.1 Detailed Overview of Tesla on Autonomous Vehicle:
      15.3.28 Toyota develops “Guardian Angel” approach to autonomy, invests $2.8 billion
        15.3.28.1 Top initiatives:
          15.3.28.1.1 Detailed Overview of Toyota on Autonomous Vehicle:
      15.3.29 Uber program bogged down in controversy, with its future in doubt after fatal crash
        15.3.29.1 Top initiatives:
          15.3.29.1.1 Detailed Overview of Uber on Autonomous Vehicle:
      15.3.30 Valeo shows off autonomous driving tech at CES 2018
        15.3.30.1 Top initiatives:
          15.3.30.1.1 Detailed Overview of Valeo on Autonomous Vehicle:
      15.3.31 Volkswagen pushes autonomous vehicle concepts as it tries to move past emissions scandal
        15.3.31.1 Top initiatives:
          15.3.31.1.1 Detailed Overview of Volkswagen on Autonomous Vehicle:
      15.3.32 Waymo (Alphabet) readying FCA vehicles for public trial in Arizona
        15.3.32.1 Top initiatives:
          15.3.32.1.1 Detailed Overview of Volkswagen on Autonomous Vehicle:
      15.3.33 Yutong has successfully tested driverless buses
      15.3.34 ZF, Nvidia, Baidu partnering to build an autonomous car for china
        15.3.34.1 Top initiatives:
          15.3.34.1.1 Detailed Overview of ZF, Nvidia and Baidu on Autonomous Vehicle:
  16 COMPETITIVE SCENARIO  
    16.1 Operator Comparison  
      16.1.1 Current and Forecast Market Size for Top 5 Ride Sharing Market Worldwide
      16.1.2 Top Ride-hailing Service Providers, by Number of Completed Rides 2017
    16.2 Porter’s Five forces analysis
      16.2.1 Bargaining Power of Suppliers
      16.2.2 Bargaining Power of Buyers
      16.2.3 Threat of New Entrants
      16.2.4 Threat of Substitutes
      16.2.5 Industry Rivalry
  17 TOP COMPANY PROFILES  
    17.1 Waymo    
      17.1.1 Key Facts  
      17.1.2 Business Description
      17.1.3 Growth Strategy
      17.1.4 Swot Analysis  
      17.1.5 Recent Development
        17.1.5.1 Product launches
        17.1.5.2 Strategic Alliance
        17.1.5.3 Business Expansion
    17.2 Daimler AG    
      17.2.1 Key Facts  
      17.2.2 Business Description
      17.2.3 Overview of Mobility Service
      17.2.4 Products and Service Offerings
      17.2.5 Growth Strategy
      17.2.6 Swot Analysis  
      17.2.7 Key Financials  
      17.2.8 Revenue Split  
      17.2.9 Research and Development Expenditure, by Business
      17.2.10 Recent Development
        17.2.10.1 Product Launches
        17.2.10.2 Strategic Alliance
    17.3 GM Cruise LLC    
      17.3.1 Key Facts  
      17.3.2 Business Description
      17.3.3 Products and Service Offerings
      17.3.4 Growth Strategy
      17.3.5 Swot Analysis  
      17.3.6 Recent Development
        17.3.6.1 Business Expansion
    17.4 Volvo Cars    
      17.4.1 Key Facts  
      17.4.2 Business Description
      17.4.3 2018 Highlight of Volvo Cars
      17.4.4 Products and Service Offerings
      17.4.5 Growth Strategy
      17.4.6 Volvo Cars in Figures
      17.4.7 SWOT Analysis  
      17.4.8 Key Financials  
      17.4.9 Revenue Split  
      17.4.10 Recent Development
        17.4.10.1 Business Expansion
    17.5 Nissan Motor Corporation
      17.5.1 Key Facts  
      17.5.2 Business Description
      17.5.3 Products and Service Offerings
      17.5.4 Growth Strategy
      17.5.5 Nissan Motor Corporation- Path to 2022
      17.5.6 Swot Analysis  
      17.5.7 Key Financials  
      17.5.8 Recent Development
        17.5.8.1 Product Launch
        17.5.8.2 Business Expansion
    17.6 Tesla Inc.    
      17.6.1 Key Facts  
      17.6.2 Business Description
      17.6.3 Tesla Plans for Robo-taxi Service
      17.6.4 Products and Service Offerings
      17.6.5 Growth Strategy
      17.6.6 Swot Analysis  
      17.6.7 Key Financials  
      17.6.8 Revenue Split  
      17.6.9 Recent Development
        17.6.9.1 Product Launches
        17.6.9.2 Business Expansion
    17.7 Hyundai Motor Corporation
      17.7.1 Key Facts  
      17.7.2 Business Description
      17.7.3 Products and Service Offerings
      17.7.4 Growth Strategy
      17.7.5 Swot Analysis  
      17.7.6 Key Financials  
      17.7.7 Revenue Split  
      17.7.8 Recent Development
        17.7.8.1 Product Launches
        17.7.8.2 Strategic Alliance
    17.8 Toyota Motor Corporation
      17.8.1 Key Facts  
      17.8.2 Business Description
      17.8.3 Products and Service Offerings
      17.8.4 Growth Strategy
      17.8.5 Swot Analysis  
      17.8.6 Key Financials  
      17.8.7 Revenue Split  
      17.8.8 Recent Development
        17.8.8.1 Business Expansion
    17.9 Volkswagen    
      17.9.1 Key Facts  
      17.9.2 Business Description
      17.9.3 Products and Service Offerings
      17.9.4 Growth Strategy
      17.9.5 Future Plans of the Company
      17.9.6 Swot Analysis  
      17.9.7 Key Financials  
      17.9.8 Revenue Split  
      17.9.9 Recent Development
        17.9.9.1 Business Expansion
    17.10 Bayerische Motoren Werke AG (BMW)
      17.10.1 Key Facts  
      17.10.2 Business Description
      17.10.3 Products and Service Offerings
      17.10.4 Growth Strategy
      17.10.5 Swot Analysis  
      17.10.6 Key Financials  
      17.10.7 Revenue Split  
      17.10.8 Recent Development
        17.10.8.1 Business Expansion

Analysing historical market, estimation of the current market and forecasting the future market of Robo-Taxi were the three major steps to create and analyse the overall market of Robo-Taxi in different regions/country. An exhaustive secondary research was done to collect the historical market sizing of the Robo-Taxi and overall estimation of the current market. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across value chain of the Robo-Taxi market. After all the assumption, market sizing and validation of market numbers through primary interviews, top-down/bottom-up approach was employed to forecast the complete market size of Robo-Taxi market across different regions/country. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyse the market size of segments and sub-segments of the sector. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detailed secondary study was conducted to obtain the historical market size of Robo-Taxi Market through sources including Company publications, annual reports, News articles, Government Publications, Competitor Publications, other third-party sources, sector reports, regulatory bodies’ publications and other credible sources/publications

Step 2: Market Segmentation:

After obtaining historical market size of the overall market, detailed secondary analysis was done to gather historical market insights and share for different segments & sub-segments for Robo-Taxi Market. The major segments included in the report are Robo-taxi market by application, by level of autonomy, by propulsion, by vehicle type. Further analysis was also done for sub-segments of the major segments of Robo-Taxi Market. The same analysis was done for different region/country

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the Robo-Taxi market. Factor analysis was conducted using dependent and independent variables such the usage of Robo-Taxi, its availability, passenger preference, auto manufacturers timeline, government’s regulations and mobility benefits. The historical trends of the Robo-Taxi market and its year-on-year impact on the market size and share in the recent past was analyzed. The demand and supply side scenario were also thoroughly studied.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on the actionable insights from the above 3 steps, we arrived at current market size, key players in major applications and markets, industry’s supply chain, and value chain of the industry. Initiatives undertaken by these players to increase the overall adoption of Robo-Taxi as a mean of public transport was also analyzed. All the required percentage shares, splits, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weightage was assigned to different factors including market dynamics such as drivers & trends, restraints, and opportunities. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up/Top-down was applied to arrive at the market forecast pertaining to 2025 for different segment and sub-segments of the Robo-taxi market for different regions/country. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value and volume and rate of adoption of Robo-Taxi in global market
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the market as well as major initiatives undertaken by these players. Also, the growth strategies adopted by these players to compete in the ever-evolving Robo-Taxi market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head etc.). The primary research findings were summarized, and statistical analysis was performed to prove the stated hypothesis. The inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants

Market Engineering

The Data Triangulation technique was employed to complete the overall market engineering process and to arrive at a precise statistical number of each segment and sub-segment pertaining to the Robo-Taxi Market. The Data was split into several segments & sub-segments post studying various parameters and trends in the areas of passenger & shuttle vehicle and goods carrier. Also, by propulsion including electric, plug-in and fuel cell Robo-taxi. Further, based on the level of autonomy, level 4 and level 5 were taken into consideration for the evaluation of Robo-Taxi Market.

Main objective of the Global Robo-taxi Market Study

The current & future market trends of the Robo-Taxi market are pinpointed in the study. The investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. The current and future market trends would determine the overall attractiveness of the market, providing a platform for the industrial participant to exploit the untapped market to benefit as the first mover advantage. Other quantitative goal of the studies includes:

  • Analyse the current and forecast market size of Robo-Taxi market in terms of value and volume
  • Analysis of Autonomous vehicle and the initiatives undertaken by private companies and governments for the upliftment of the technology
  • Analyse the current and forecast market size of different segments and sub-segments of Robo-Taxi market
  • Segments in the study include vehicle type, level of autonomy, application type, propulsion type and regions
  • Define and describe the segments and sub-segments considered in the evaluation of Robo-Taxi market
  • Anticipate potential risk associated with the Robo-Taxi market
  • Customer and competitor analysis, etc.
  • Define and analysis of the government regulations for Robo-taxi market in different regions across the world
  • Analyse the current and forecast market size of Robo-Taxi for different regions/country
  • Define and analyse the competitive landscape of the Robo-Taxi market and the growth strategies adopted by the market players to sustain in the ever-growing market

Analysing historical market, estimation of the current market and forecasting the future market of Robo-Taxi were the three major steps to create and analyse the overall market of Robo-Taxi in different regions/country. An exhaustive secondary research was done to collect the historical market sizing of the Robo-Taxi and overall estimation of the current market. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were conducted with industry experts across value chain of the Robo-Taxi market. After all the assumption, market sizing and validation of market numbers through primary interviews, top-down/bottom-up approach was employed to forecast the complete market size of Robo-Taxi market across different regions/country. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyse the market size of segments and sub-segments of the sector. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detailed secondary study was conducted to obtain the historical market size of Robo-Taxi Market through sources including Company publications, annual reports, News articles, Government Publications, Competitor Publications, other third-party sources, sector reports, regulatory bodies’ publications and other credible sources/publications

Step 2: Market Segmentation:

After obtaining historical market size of the overall market, detailed secondary analysis was done to gather historical market insights and share for different segments & sub-segments for Robo-Taxi Market. The major segments included in the report are Robo-taxi market by application, by level of autonomy, by propulsion, by vehicle type. Further analysis was also done for sub-segments of the major segments of Robo-Taxi Market. The same analysis was done for different region/country

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, detailed factor analysis was conducted to estimate the current market size of the Robo-Taxi market. Factor analysis was conducted using dependent and independent variables such the usage of Robo-Taxi, its availability, passenger preference, auto manufacturers timeline, government’s regulations and mobility benefits. The historical trends of the Robo-Taxi market and its year-on-year impact on the market size and share in the recent past was analyzed. The demand and supply side scenario were also thoroughly studied.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on the actionable insights from the above 3 steps, we arrived at current market size, key players in major applications and markets, industry’s supply chain, and value chain of the industry. Initiatives undertaken by these players to increase the overall adoption of Robo-Taxi as a mean of public transport was also analyzed. All the required percentage shares, splits, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weightage was assigned to different factors including market dynamics such as drivers & trends, restraints, and opportunities. After analyzing these factors, relevant forecasting techniques i.e. Bottom-up/Top-down was applied to arrive at the market forecast pertaining to 2025 for different segment and sub-segments of the Robo-taxi market for different regions/country. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of value and volume and rate of adoption of Robo-Taxi in global market
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the market as well as major initiatives undertaken by these players. Also, the growth strategies adopted by these players to compete in the ever-evolving Robo-Taxi market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, and Regional Head etc.). The primary research findings were summarized, and statistical analysis was performed to prove the stated hypothesis. The inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants

Market Engineering

The Data Triangulation technique was employed to complete the overall market engineering process and to arrive at a precise statistical number of each segment and sub-segment pertaining to the Robo-Taxi Market. The Data was split into several segments & sub-segments post studying various parameters and trends in the areas of passenger & shuttle vehicle and goods carrier. Also, by propulsion including electric, plug-in and fuel cell Robo-taxi. Further, based on the level of autonomy, level 4 and level 5 were taken into consideration for the evaluation of Robo-Taxi Market.

Main objective of the Global Robo-taxi Market Study

The current & future market trends of the Robo-Taxi market are pinpointed in the study. The investors can gain strategic insights to base their discretion for investments from the qualitative and quantitative analysis performed in the study. The current and future market trends would determine the overall attractiveness of the market, providing a platform for the industrial participant to exploit the untapped market to benefit as the first mover advantage. Other quantitative goal of the studies includes:

  • Analyse the current and forecast market size of Robo-Taxi market in terms of value and volume
  • Analysis of Autonomous vehicle and the initiatives undertaken by private companies and governments for the upliftment of the technology
  • Analyse the current and forecast market size of different segments and sub-segments of Robo-Taxi market
  • Segments in the study include vehicle type, level of autonomy, application type, propulsion type and regions
  • Define and describe the segments and sub-segments considered in the evaluation of Robo-Taxi market
  • Anticipate potential risk associated with the Robo-Taxi market
  • Customer and competitor analysis, etc.
  • Define and analysis of the government regulations for Robo-taxi market in different regions across the world
  • Analyse the current and forecast market size of Robo-Taxi for different regions/country
  • Define and analyse the competitive landscape of the Robo-Taxi market and the growth strategies adopted by the market players to sustain in the ever-growing market

Global Market Insights on Robo-Taxi: Insights and Forecast 2019-2025