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Aug 14, 2019 10:19 AM ET

Robo-Taxi Market by Growing Technology Trends 2027 – Daimler AG, Ford Motor Company, GM Cruise, Lyft, nuTonomy, Tesla, Uber Technologies and Volkswagen

Robo-Taxi Market by Growing Technology Trends 2027 – Daimler AG, Ford Motor Company, GM Cruise, Lyft, nuTonomy, Tesla, Uber Technologies and Volkswagen

iCrowd Newswire - Aug 14, 2019

A Robo-Taxi, is also known as robo-cab, a self-driving taxi or a driverless taxi. It is an autonomous car operated for on-demand mobility service. The primary purpose is eliminating the need for a human chauffeur, which is a significant part of the operating costs of those type of services.

The robo-taxi market is heavily influenced by driving factors such as the race to deploy autonomous vehicles, demand for fuel-efficient and emission-free cars, need for better road safety and traffic control boosts the market growth. However, machines jeopardizing human jobs likely to reduce full acceptance, high R & D cost for implementation and cyber security threats are impacting negatively on the growth of this market in the current market scenario.

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Some of The Major Players In Global Market:

1. Daimler AG
2. Ford Motor Company
3. GM Cruise LLC
4. Lyft, Inc.
5. nuTonomy
6. Tesla
7. Uber Technologies Inc.
8. Volkswagen
9. Volvo Car Corporation
10. Waymo LLC

The global robo-taxi market is segmented on the basis of service type, application, component, level of autonomy, by propulsion and by vehicle. Based on service type the market is segmented as car rental and station-based. On the basis of application the market is segmented as goods transportation and passenger transportation. On the basis of the component the market is segmented as camera, lidar,radar and ultrasonic sensors. Based on level of autonomy the market is segmented as level 4 and level 5.Based on the propulsion the market is segmented as electric, fuel cell and hybrid. Based on vehicle type the market is segmented as car and van/shuttle.

The Robo-Taxi Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2027, considering 2018 as the base year and 2018 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 18 countries across the mentioned regions.

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The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

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Keywords:    Robo-Taxi Market, Robo-Taxi Market Growth, Robo-Taxi Market Forecast, Robo-Taxi

Tags:    Research Newswire, English