The global robotaxi market is anticipated to exhibit significant CAGR of 109.5% during the forecast period (2024-2031). The real-time viability of robotaxi being a safe way of transportation of passenger or goods is of key importance for its adoption as a mode of transportation in hi-tech cities. Therefore, the significant rise in the number of pilot projects to identify the potential of robotaxis is a key factor driving the growth of the global robotaxi market. AutoX, Baidu Inc., Uber Technologies Inc., DeepRoute.ai, and so on are the key players that are making huge investment in launch of pilot projects focused on R&D of robotaxis.
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In July 2021, Baidu Inc. launched its Apollo Go robotaxi service pilot project in Guangzhou. The service in Guangzhou Science City operates on predetermined routes that take its robotaxis past schools, hospitals, parks, hotels and office buildings, with more than 200 designated spots where the vehicles can pick up and drop off passengers. The launch is an extension of a Baidu’s partnership with the Huangpu district government that has allowed it to operate a fleet of five types of autonomous vehicles used for applications including passenger transportation between selected destinations, street cleaning and mobile retailing in the city.
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Market Coverage
- Segment Covered-
o By Level of Automation
o By Application
o By Propulsion
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- APTIV Plc, Baidu Inc., Continental AG, Cruise LLC, Daimler AG, Didi Chuxing Technology Co.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Robotaxi Market Report Segment
By level of Automation
- L4 Robotaxi
- L5 Robotaxi
By Application
- Goods
- Passenger
By Propulsion
- Electric
- Fuel Cell
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