Robotaxi Market is expected to witness Incredible Growth during 2021-2031 | Cruise LLC, Daimler AG, Ford Motor Company, Lyft, Inc., Nissan Motor Corporation

New York, 2022-Jul-14 — /EPR Network/ — Global Robotaxi Market report from Global Insight Services is the single authoritative source of intelligence on Robotaxi Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A Robotaxi is a driverless car that can be summoned by a smartphone app to take passengers to their destination. The idea is that Robotaxis would be cheaper and more convenient than traditional taxis or ride-hailing services like Uber and Lyft. Critics of the concept point to the high cost of driverless technology, and the potential for hacking and other cybersecurity concerns.

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Key Trends

Robotaxi technology is an autonomous vehicle technology that is being developed to allow vehicles to operate without a human driver. The technology is still in its early stages of development, but there are a number of key trends that are emerging. One of the key trends is the development of autonomous vehicle technology that is able to handle a variety of different weather conditions. This is a critical requirement for robotaxi technology, as the ability to operate in all weather conditions is essential for the safe and reliable operation of the vehicles.

Key Drivers

There are a few key drivers of Robotaxi market. Firstly, the increasing concerns over air pollution and traffic congestion are resulting in the need for efficient and sustainable transportation solutions. This is where Robotaxi comes in, as it is a completely emissions-free mode of transportation. Secondly, the ever-increasing cost of traditional transportation methods, such as owning and operating a car, is making Robotaxi a more attractive option for many people. Finally, the advancements in technology are making it possible for Robotaxi to become a reality, with many companies working on developing autonomous vehicles.

Market Segments

By Application Type

• Goods Transportation
• Passenger Transportation

By Level of Autonomy

• Level 4
• Level 5

By Vehicle Type

• Car
• Shuttle/Van

By Propulsion

• Electric
• Hybrid

By Service Type

• Car Rental
• Station Based

By Component Type

• Camera
• Radar
• LiDAR

By Region

• North America
  • U.S.

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Key Players

• Cruise LLC
• Daimler AG
• Ford Motor Company
• Lyft, Inc.
• Nissan Motor Corporation
• Tesla
• Uber Technologies
• Volkswagen AG

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