Table of Content

1    INTRODUCTION    27
1.1    STUDY OBJECTIVES    27
1.2    MARKET DEFINITION    28
TABLE 1    ROBOTAXI MARKET DEFINITION, BY VEHICLE TYPE    28
TABLE 2    ROBOTAXI MARKET DEFINITION, BY SERVICE TYPE    28
TABLE 3    ROBOTAXI MARKET DEFINITION, BY LEVEL OF AUTONOMY    29
TABLE 4    ROBOTAXI MARKET DEFINITION, BY APPLICATION TYPE    29
1.2.1    INCLUSIONS AND EXCLUSIONS    29
TABLE 5    INCLUSIONS AND EXCLUSIONS FOR ROBOTAXI MARKET    29
1.3    MARKET SCOPE    30
FIGURE 1    ROBOTAXI MARKET SEGMENTATION    30
1.3.1    YEARS CONSIDERED    31
1.4    CURRENCY CONSIDERED    31
TABLE 6    CURRENCY EXCHANGE RATES    31
1.5    STAKEHOLDERS    32
1.6    SUMMARY OF CHANGES    33

2    RESEARCH METHODOLOGY    34
2.1    RESEARCH DATA    34
FIGURE 2    RESEARCH DESIGN    34
FIGURE 3    RESEARCH METHODOLOGY MODEL    35
2.1.1    SECONDARY DATA    35
2.1.1.1    List of key secondary sources    36
2.1.1.2    Key data from secondary sources    37
2.1.2    PRIMARY DATA    38
2.1.2.1    Key data from primary sources    39
2.1.2.2    List of participating companies for primary research    39
FIGURE 4    BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION    40
2.1.2.3    Major objectives of primary research    40
2.1.2.4    List of primary participants    40
2.2    MARKET ESTIMATION METHODOLOGY    41
FIGURE 5    RESEARCH METHODOLOGY: HYPOTHESIS BUILDING    42
2.3    MARKET SIZE ESTIMATION    42
2.3.1    BOTTOM-UP APPROACH    43
FIGURE 6    GLOBAL ROBOTAXI MARKET: BOTTOM-UP APPROACH    43
2.3.2    TOP-DOWN APPROACH    43
FIGURE 7    MARKET SIZE ESTIMATION METHODOLOGY FOR ROBOTAXI MARKET: TOP-DOWN APPROACH    44
FIGURE 8    ROBOTAXI MARKET: MARKET ESTIMATION NOTES    44
FIGURE 9    ROBOTAXI MARKET: RESEARCH DESIGN AND METHODOLOGY – DEMAND SIDE    45
FIGURE 10    RESEARCH APPROACH: ROBOTAXI MARKET    46
2.4    DATA TRIANGULATION    47
FIGURE 11    DATA TRIANGULATION    47
2.5    FACTOR ANALYSIS    48
2.5.1    FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDE    49
2.6    RECESSION IMPACT ANALYSIS    49
2.7    RESEARCH ASSUMPTIONS    50
2.8    RESEARCH LIMITATIONS    51

3    EXECUTIVE SUMMARY    52
FIGURE 12    ROBOTAXI MARKET: MARKET OVERVIEW    53
FIGURE 13    ROBOTAXI MARKET, BY REGION, 2023–2030    54
FIGURE 14    CARS SEGMENT ESTIMATED TO LEAD ROBOTAXI MARKET IN 2023    55

4    PREMIUM INSIGHTS    56
4.1    ATTRACTIVE OPPORTUNITIES IN ROBOTAXI MARKET    56
FIGURE 15    GROWTH OF RIDE-HAILING SERVICES AND INCREASING FOCUS ON ROAD SAFETY TO BOOST ROBOTAXI MARKET    56
4.2    ROBOTAXI MARKET, BY REGION    56
FIGURE 16    ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023    56
4.3    ROBOTAXI MARKET, BY VEHICLE TYPE    57
FIGURE 17    CARS SEGMENT TO LEAD MARKET DURING FORECAST PERIOD    57
4.4    ROBOTAXI MARKET, BY LEVEL OF AUTONOMY    57
FIGURE 18    LEVEL 4 SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    57
4.5    ROBOTAXI MARKET, BY PROPULSION    58
FIGURE 19    ELECTRIC SEGMENT TO HAVE HIGHER MARKET SHARE (2023–2030)    58
4.6    ROBOTAXI MARKET, BY SERVICE    58
FIGURE 20    AR RENTAL SEGMENT TO REGISTER HIGHEST MARKET SHARE (2023–2030)    58
4.7    ROBOTAXI MARKET, BY APPLICATION    59
FIGURE 21    PASSENGER TRANSPORT SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE    59

5    MARKET OVERVIEW    60
5.1    INTRODUCTION    60
TABLE 7    ROBOTAXI MARKET: IMPACT OF MARKET DYNAMICS    60
5.2    MARKET DYNAMICS    61
FIGURE 22    ROBOTAXI MARKET: MARKET DYNAMICS    61
5.2.1    DRIVERS    62
5.2.1.1    Robotaxis to reduce operating costs and increase profit margins for ridesharing companies    62
TABLE 8    NUMBER OF DRIVERS EMPLOYED BY LEADING RIDE-HAILING SERVICE PROVIDERS    63
5.2.1.2    Need for enhanced road safety and traffic control    63
FIGURE 23    PRELIMINARY NUMBER OF ROAD FATALITIES PER MILLION INHABITANTS, BY COUNTRY, 2022    63
5.2.1.3    Ridesharing and Mobility-as-a-Service (MaaS)    63
FIGURE 24    MAAS MARKET BY CAR SHARING, 2021–2027    64
5.2.1.4    Rise in urbanization and congestion    64
FIGURE 25    URBAN POPULATION WORLDWIDE, 2022    65
5.2.2    RESTRAINTS    65
5.2.2.1    Disruption of traditional jobs    65
5.2.2.2    High R&D expenditure and complexity in adoption of robotaxis    66
FIGURE 26    DATA FROM AUTONOMOUS VEHICLE    66
5.2.2.3    Cybersecurity threats    67
5.2.3    OPPORTUNITIES    67
5.2.3.1    Government support    68
5.2.3.2    Robotic assistance in goods delivery    68
5.2.3.3    Increasing demand for autonomous vehicles    68
FIGURE 27    VISION SYSTEM OF FULLY AUTONOMOUS VEHICLE    69
5.2.3.4    Increasing investments in LiDAR startups    69
5.2.4    CHALLENGES    70
5.2.4.1    Navigation in crowded spaces    70
5.2.4.2    Gaining public and individual trust    70
5.2.4.3    Lack of required infrastructure in emerging countries    71
5.3    FIVE ERAS OF VEHICLE SAFETY    71
FIGURE 28    FIVE ERAS OF VEHICLE SAFETY    71
5.4    SAE DEFINITION OF AUTONOMOUS VEHICLES    72
FIGURE 29    SOCIETY OF AUTOMOTIVE ENGINEERS AUTOMATION LEVELS    72
5.5    PRICING ANALYSIS    72
FIGURE 30    AVERAGE SELLING PRICE TREND, BY VEHICLE TYPE    72
TABLE 9    AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY VEHICLE TYPE, 2022    73
5.6    ROBOTAXI MARKET ECOSYSTEM    73
FIGURE 31    ROBOTAXI MARKET: ECOSYSTEM ANALYSIS    73
5.6.1    COMPONENT SUPPLIERS    74
5.6.2    SOFTWARE AND PLATFORM PROVIDERS    74
5.6.3    AUTONOMOUS VEHICLE TECHNOLOGY PROVIDERS    74
5.6.4    AUTONOMOUS SHUTTLE MANUFACTURERS    74
TABLE 10    ROLE OF COMPANIES IN ROBOTAXI ECOSYSTEM    74
5.7    SUPPLY CHAIN ANALYSIS    75
FIGURE 32    MAJOR VALUE ADDED TO DELIVERY SYSTEM DURING R&D AND MANUFACTURING PHASES    75
5.7.1    PLANNING AND REVISING FUNDS    76
5.7.2    R&D    76
5.7.3    MANUFACTURING    76
5.7.4    ASSEMBLY AND INTEGRATION    76
5.7.5    DELIVERY/DISTRIBUTION    76
5.7.6    AFTER-SALES SERVICES    76
FIGURE 33    INVESTMENTS AND PARTNERSHIPS IN AUTONOMOUS CARS AND RIDESHARING COMPANIES    77
5.8    AUTONOMOUS VEHICLE DEVELOPMENTS    78
5.9    CASE STUDY    79
5.9.1    CASE STUDY 1: RIDEFLUX EXPANDED OPERATIONS AND INCREASED ODD COVERAGE BY 5X    79
5.9.2    CASE STUDY 2: SIMULATION TO DRIVE TOYOTA’S AUTOMATED DRIVING SYSTEM    79
5.10    PATENT ANALYSIS    80
TABLE 11    IMPORTANT PATENT REGISTRATIONS RELATED TO ROBOTAXI MARKET    80
5.11    TECHNOLOGY ANALYSIS    83
5.11.1    IOT AND 5G IN ROBOTAXI MARKET    83
FIGURE 34    IOT DEVICES IN AUTONOMOUS VEHICLES    83
5.11.1.1    4D LiDAR    83
5.11.2    SENSORS AND THEIR IMPORTANCE IN AUTONOMOUS VEHICLES    84
FIGURE 35    SENSORS AND THEIR IMPORTANCE IN AUTONOMOUS VEHICLES    84
FIGURE 36    VISION SYSTEM OF FULLY AUTONOMOUS VEHICLE    85
5.11.3    CONNECTED VEHICLES FOR AUTONOMOUS DRIVING    86
FIGURE 37    CONNECTED VEHICLES FOR AUTONOMOUS DRIVING    86
5.11.4    ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING IN ROBOTAXI MARKET    86
FIGURE 38    AI APPLICATIONS IN AUTOMOTIVE INDUSTRY    86
5.11.5    CYBERSECURITY AND DATA PRIVACY    87
5.11.6    CELLULAR VEHICLE-TO-EVERYTHING (C-V2X)    88
TABLE 12    CUMULATIVE GAIN WHILE USING 5G NR (NEW RADIO) C-V2X    88
5.11.6.1    LTE-V2X    88
5.11.6.2    5G-V2X    89
5.11.6.3    Development of robotrucks    89
5.12    TARIFF REGULATORY OVERVIEW    89
5.12.1    KEY REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS    90
5.12.1.1    Enacted legislation and executive orders in US    90
FIGURE 39    ENACTED LEGISLATION AND EXECUTIVE ORDERS IN US    90
FIGURE 40    AUTONOMOUS VEHICLE REGULATION ACROSS US    91
5.12.1.2    Autonomous vehicle testing in China    92
FIGURE 41    AUTONOMOUS VEHICLE TESTING IN CHINA    92
5.12.1.3    Autonomous vehicle testing in Germany    92
FIGURE 42    AUTONOMOUS VEHICLE TESTING IN GERMANY    92
5.12.1.4    Autonomous vehicle testing in Singapore    93
FIGURE 43    AUTONOMOUS VEHICLE TESTING AREA IN SINGAPORE    93
5.13    KEY CONFERENCES AND EVENTS IN 2023–2024    94
TABLE 13    ROBOTAXI MARKET: DETAILED LIST OF CONFERENCES AND EVENTS    94
5.14    ROBOTAXI MARKET, SCENARIOS (2023–2030)    94
5.14.1    MOST LIKELY SCENARIO    94
TABLE 14    MOST LIKELY SCENARIO: ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    95
5.14.2    OPTIMISTIC SCENARIO    95
TABLE 15    OPTIMISTIC SCENARIO: ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    95
5.14.3    PESSIMISTIC SCENARIO    95
TABLE 16    PESSIMISTIC SCENARIO: ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    95

6    ROBOTAXI MARKET, BY VEHICLE TYPE    97
6.1    INTRODUCTION    98
FIGURE 44    KEY FEATURES OF ROBOTAXIS    98
FIGURE 45    CARS TO HOLD LARGER MARKET SHARE IN VEHICLE TYPE SEGMENT DURING FORECAST PERIOD    99
TABLE 17    ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    99
TABLE 18    ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    99
TABLE 19    ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (USD MILLION)    99
TABLE 20    ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (USD MILLION)    100
TABLE 21    POPULAR AUTONOMOUS SHUTTLES FROM COMPANIES WORLDWIDE    100
6.2    CARS    101
6.2.1    RISE IN DEVELOPMENT OF RIDESHARING MARKET TO INCREASE DEMAND    101
TABLE 22    CARS: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    101
TABLE 23    CARS: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    101
TABLE 24    CARS: ROBOTAXI MARKET, BY REGION, 2018–2022 (USD MILLION)    102
TABLE 25    CARS: ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    102
6.3    VANS/SHUTTLES    102
6.3.1    INCREASING FOCUS ON PUBLIC TRANSPORT TO BOOST MARKET    102
TABLE 26    VANS/SHUTTLES: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    103
TABLE 27    VANS/SHUTTLES: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    103
TABLE 28    VANS/SHUTTLES: ROBOTAXI MARKET, BY REGION, 2018–2022 (USD MILLION)    103
TABLE 29    VANS/SHUTTLES: ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    103
FIGURE 46    KEY PRIMARY INSIGHTS    104

7    ROBOTAXI MARKET, BY APPLICATION TYPE    105
7.1    INTRODUCTION    106
FIGURE 47    PASSENGER TRANSPORTATION SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    106
TABLE 30    ROBOTAXI MARKET, BY APPLICATION TYPE, 2018–2022 (UNITS)    106
TABLE 31    ROBOTAXI MARKET, BY APPLICATION TYPE, 2023–2030 (UNITS)    107
TABLE 32    POPULAR ROBOTAXIS USED FOR PASSENGER TRANSPORTATION WORLDWIDE    107
7.2    GOODS TRANSPORTATION    107
7.2.1    INCREASING E-COMMERCE SERVICES AND UTILIZATION OF TRANSPORT TO DRIVE SEGMENT    107
TABLE 33    GOODS TRANSPORTATION: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    108
TABLE 34    GOODS TRANSPORTATION: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    108
7.3    PASSENGER TRANSPORTATION    108
7.3.1    RISING URBANIZATION TO FUEL SEGMENT    108
TABLE 35    PASSENGER TRANSPORTATION: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    109
TABLE 36    PASSENGER TRANSPORTATION: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    109
FIGURE 48    KEY PRIMARY INSIGHTS    109

8    ROBOTAXI MARKET, BY LEVEL OF AUTONOMY    110
8.1    INTRODUCTION    111
FIGURE 49    LEVEL 4 SEGMENT TO GROW AT HIGHER RATE DURING FORECAST PERIOD    111
TABLE 37    ROBOTAXI MARKET, BY LEVEL OF AUTONOMY, 2018–2022 (UNITS)    111
TABLE 38    ROBOTAXI MARKET, BY LEVEL OF AUTONOMY, 2023–2030 (UNITS)    112
8.2    LEVEL 4    112
8.2.1    LOWER RISK AND RAPID DEVELOPMENTS IN LEVEL 4 TO DRIVE MARKET    112
TABLE 39    LEVEL 4: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    112
TABLE 40    LEVEL 4: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    113
8.3    LEVEL 5    113
8.3.1    TECHNICAL ADVANCEMENTS TO PROPEL SEGMENT GROWTH    113
TABLE 41    LEVEL 5: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    114
FIGURE 50    KEY PRIMARY INSIGHTS    114

9    ROBOTAXI MARKET, BY PROPULSION TYPE    115
9.1    INTRODUCTION    116
FIGURE 51    ELECTRIC SEGMENT TO HOLD PROMINENT MARKET SHARE DUE TO RAPID ADVANCEMENTS IN ELECTRIC VEHICLES    116
TABLE 42    ROBOTAXI MARKET, BY PROPULSION TYPE, 2018–2022 (UNITS)    117
TABLE 43    ROBOTAXI MARKET, BY PROPULSION TYPE, 2023–2030 (UNITS)    117
TABLE 44    FEW POPULAR ELECTRIC AUTONOMOUS SHUTTLES OFFERED BY COMPANIES WORLDWIDE    117
FIGURE 52    COMPARISON OF NATURAL GAS REQUIRED TO PROPEL ELECTRIC VEHICLE TO 300 MILES AGAINST FCEV TRAVELING 300 MILES    118
TABLE 45    SUMMARY OF FCEV ATTRIBUTES COMPARED TO ADVANCED ELECTRIC VEHICLES FOR 200 MILES AND 300 MILES    118
9.2    ELECTRIC    119
9.2.1    RISING DEMAND FOR ELECTRIC CARS TO BOOST MARKET    119
TABLE 46    ELECTRIC: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    119
TABLE 47    ELECTRIC: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    119
9.3    FUEL CELL    120
9.3.1    FOCUS ON CURBING EMISSIONS EXPECTED TO RAISE MARKET SHARE    120
TABLE 48    ZERO-EMISSION LIGHT-DUTY VEHICLES REFERENCE COMPARISON: BEV CHARGING VS. FCEV HYDROGEN FUELING    120
FIGURE 53    INITIAL INVESTMENT FOR VARIOUS FUEL INFRASTRUCTURE, 2022    121
FIGURE 54    COMPARISON OF BEV AND FCEV    121
TABLE 49    FUEL CELL: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    122
FIGURE 55    KEY PRIMARY INSIGHTS    122

10    ROBOTAXI MARKET, BY SERVICE TYPE    123
10.1    INTRODUCTION    124
FIGURE 56    CAR RENTAL SEGMENT TO HOLD PROMINENT MARKET SHARE DURING FORECAST PERIOD    124
TABLE 50    ROBOTAXI MARKET, BY SERVICE TYPE, 2018–2022 (UNITS)    124
TABLE 51    ROBOTAXI MARKET, BY SERVICE TYPE, 2023–2030 (UNITS)    125
TABLE 52    CAR RENTAL AND STATION-BASED AUTONOMOUS VEHICLE/ROBOTAXI PROVIDERS    125
10.2    CAR RENTAL    125
10.2.1    INCREASE IN TRAFFIC CONGESTION TO DRIVE MARKET    125
TABLE 53    CAR RENTAL: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    126
TABLE 54    CAR RENTAL: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    126
10.3    STATION-BASED    126
10.3.1    FOCUS ON PUBLIC SAFETY EXPECTED TO BOOST MARKET    126
TABLE 55    STATION-BASED: ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    127
TABLE 56    STATION-BASED: ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    127
FIGURE 57    KEY PRIMARY INSIGHTS    127

11    ROBOTAXI MARKET, BY COMPONENT TYPE    128
11.1    INTRODUCTION    128
11.2    CAMERAS    128
11.3    LIDAR    129
11.4    RADARS    130
11.5    ULTRASONIC SENSORS    130

12    ROBOTAXI MARKET, BY REGION    132
12.1    INTRODUCTION    133
FIGURE 58    AUTONOMOUS VEHICLES TO TRAVEL ABOUT 66% OF TOTAL PASSENGER KILOMETERS IN 2040    133
FIGURE 59    ASIA PACIFIC TO HOLD LARGE MARKET SHARE DUE TO RAPID TECHNOLOGICAL DEVELOPMENTS IN AUTOMOTIVE INDUSTRY    134
TABLE 57    ROBOTAXI MARKET, BY REGION, 2018–2022 (UNITS)    134
TABLE 58    ROBOTAXI MARKET, BY REGION, 2023–2030 (UNITS)    134
TABLE 59    ROBOTAXI MARKET, BY REGION, 2018–2022 (USD MILLION)    135
TABLE 60    ROBOTAXI MARKET, BY REGION, 2023–2030 (USD MILLION)    135

12.2    ASIA PACIFIC    136
12.2.1    ASIA PACIFIC: RECESSION IMPACT    136
FIGURE 60    ASIA PACIFIC: ROBOTAXI MARKET SNAPSHOT    137
TABLE 61    ASIA PACIFIC: ROBOTAXI MARKET, BY COUNTRY, 2018–2022 (UNITS)    137
TABLE 62    ASIA PACIFIC: ROBOTAXI MARKET, BY COUNTRY, 2023–2030 (UNITS)    138

12.2.2    CHINA    138
12.2.2.1    Technological advancements in autonomous driving to boost market    138
FIGURE 61    MASS ADOPTION OF HIGHLY AUTONOMOUS VEHICLES IN CHINA TO COMMENCE BY 2027    139
TABLE 63    CHINA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    139
TABLE 64    CHINA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    139

12.2.3    INDIA    140
12.2.3.1    Government policies and infrastructure development expected to lead market growth    140
TABLE 65    INDIA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    140

12.2.4    JAPAN    141
12.2.4.1    Development of advanced EV technologies for reducing carbon footprint to drive market    141
TABLE 66    JAPAN: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    141
TABLE 67    JAPAN: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    141

12.2.5    SOUTH KOREA    142
12.2.5.1    Rise in government initiatives toward adoption of EVs to propel market    142
FIGURE 62    AUTONOMOUS VEHICLE COMMERCIALIZATION TIMELINE IN SOUTH KOREA    142
TABLE 68    SOUTH KOREA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    142
TABLE 69    SOUTH KOREA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    142

12.2.6    SINGAPORE    143
12.2.6.1    Government push toward adoption of smarter transportation to drive market    143
TABLE 70    SINGAPORE: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    143
TABLE 71    SINGAPORE: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    143

12.3    EUROPE    144
12.3.1    EUROPE: RECESSION IMPACT    144
FIGURE 63    EUROPE: ROBOTAXI MARKET SNAPSHOT    145
TABLE 72    EUROPE: ROBOTAXI MARKET, BY COUNTRY, 2018–2022 (UNITS)    145
TABLE 73    EUROPE: ROBOTAXI MARKET, BY COUNTRY, 2023–2030 (UNITS)    146

12.3.2    FRANCE    146
12.3.2.1    Growing adoption of electric vehicles to drive demand for robotaxis    146
TABLE 74    FRANCE: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    147
TABLE 75    FRANCE: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    147

12.3.3    GERMANY    147
12.3.3.1    Innovations by German automakers to propel market growth    147
TABLE 76    GERMANY: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    148
TABLE 77    GERMANY: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    148

12.3.4    NORWAY    148
12.3.4.1    Government initiatives for zero-emissions in public transport to boost market    148
TABLE 78    NORWAY: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    148
TABLE 79    NORWAY: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    149

12.3.5    SPAIN    149
12.3.5.1    Rising tourism industry to encourage market growth    149
TABLE 80    SPAIN: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    149

12.3.6    SWEDEN    150
12.3.6.1    Rise in R&D activities for autonomous vehicles to support market growth    150
TABLE 81    SWEDEN: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    150

12.3.7    NETHERLANDS    150
12.3.7.1    Urban mobility challenges to strengthen demand for robotaxis    150
TABLE 82    NETHERLANDS: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    150
TABLE 83    NETHERLANDS: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    151

12.3.8    UK    151
12.3.8.1    EV infrastructure to fuel market growth    151
TABLE 84    UK: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    151
TABLE 85    UK: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    152

12.3.9    AUSTRIA    152
12.3.9.1    Infrastructure development and government initiative to boost market growth    152
TABLE 86    AUSTRIA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    152

12.4    NORTH AMERICA    153
12.4.1    NORTH AMERICA: RECESSION IMPACT    153
FIGURE 64    US TO HOLD PROMINENT MARKET SHARE IN NORTH AMERICA    154
TABLE 87    NORTH AMERICA: ROBOTAXI MARKET, BY COUNTRY, 2018–2022 (UNITS)    154
TABLE 88    NORTH AMERICA: ROBOTAXI MARKET, BY COUNTRY, 2023–2030 (UNITS)    154

12.4.2    CANADA    155
12.4.2.1    Rising cost of owning and operating cars to create demand for robotaxis    155
TABLE 89    CANADA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    155

12.4.3    MEXICO    155
12.4.3.1    Rising investment in autonomous vehicles to drive market    155
TABLE 90    MEXICO: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    156

12.4.4    US    156
12.4.4.1    Availability of infrastructure, regulations, and large-scale testing to boost market    156
FIGURE 65    US STATES WITH AUTONOMOUS VEHICLES ENACTED LEGISLATION AND EXECUTIVE ORDERS    156
TABLE 91    US: ROBOTAXI MARKET, BY VEHICLE TYPE, 2018–2022 (UNITS)    157
TABLE 92    US: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    157
12.5    REST OF THE WORLD (ROW)    158
FIGURE 66    RUSSIA TO ACCOUNT FOR LARGEST MARKET SHARE IN REST OF THE WORLD    158
TABLE 93    REST OF THE WORLD: ROBOTAXI MARKET, BY COUNTRY, 2023–2030 (UNITS)    158

12.5.1    RUSSIA    159
12.5.1.1    Advancements in autonomous driving technology to boost market    159
TABLE 94    RUSSIA: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    159

12.5.2    UAE    159
12.5.2.1    Improving infrastructure for EV technology to push market growth    159
TABLE 95    UAE: ROBOTAXI MARKET, BY VEHICLE TYPE, 2023–2030 (UNITS)    159

13    COMPETITIVE LANDSCAPE    161
13.1    OVERVIEW    161
13.2    MARKET RANKING ANALYSIS    161
FIGURE 67    MARKET RANKING ANALYSIS    161
13.2.1    WAYMO LLC    161
13.2.2    BAIDU, INC.    162
13.2.3    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.    162
13.2.4    CRUISE LLC    162
13.2.5    EASYMILE    162
13.3    KEY PLAYER STRATEGIES    163
TABLE 96    OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS IN ROBOTAXI MARKET    163
13.4    REVENUE ANALYSIS OF LISTED PLAYERS    164
FIGURE 68    LISTED PLAYERS DOMINATING ROBOTAXI MARKET DURING LAST 3 YEARS    164
13.5    COMPETITIVE SCENARIO    164
13.5.1    PRODUCT LAUNCHES    164
TABLE 97    PRODUCT LAUNCHES, 2021–2023    165
13.5.2    DEALS    166
TABLE 98    DEALS, 2021–2023    166
13.5.3    OTHERS    169
TABLE 99    OTHERS, 2021–2022    169
13.6    COMPANY EVALUATION QUADRANT    171
13.6.1    STARS    171
13.6.2    PERVASIVE PLAYERS    171
13.6.3    EMERGING LEADERS    171
13.6.4    PARTICIPANTS    171
FIGURE 69    ROBOTAXI MARKET: COMPANY EVALUATION QUADRANT, 2022    172
TABLE 100    ROBOTAXI MARKET: COMPANY APPLICATION FOOTPRINT, 2022    173
TABLE 101    ROBOTAXI MARKET: COMPANY REGION FOOTPRINT, 2022    174
TABLE 102    ROBOTAXI MARKET: OVERALL COMPANY FOOTPRINT, 2022    175
13.7    COMPETITIVE LEADERSHIP MAPPING FOR TECHNOLOGY AND COMPONENT SUPPLIERS    176
13.7.1    PROGRESSIVE COMPANIES    176
13.7.2    RESPONSIVE COMPANIES    176
13.7.3    DYNAMIC COMPANIES    176
13.7.4    STARTING BLOCKS    176
FIGURE 70    ROBOTAXI MARKET: COMPETITIVE LEADERSHIP MAPPING FOR TECHNOLOGY AND COMPONENT SUPPLIERS, 2022    177
TABLE 103    ROBOTAXI MARKET: TECHNOLOGY AND COMPONENT SUPPLIERS REGION FOOTPRINT, 2022    178

14    COMPANY PROFILES    179
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
14.1    KEY PLAYERS    179

14.1.1    WAYMO LLC    179
TABLE 104    WAYMO LLC: BUSINESS OVERVIEW    179
FIGURE 71    WAYMO DRIVER’S COLLISION AVOIDANCE PERFORMANCE IN SIMULATED TESTS    179
TABLE 105    WAYMO LLC: PRODUCTS OFFERED    180
TABLE 106    WAYMO LLC: PRODUCT DEVELOPMENTS    180
TABLE 107    WAYMO LLC: DEALS    180
TABLE 108    WAYMO LLC: OTHERS    181

14.1.2    BAIDU, INC.    183
TABLE 109    BAIDU, INC.: BUSINESS OVERVIEW    183
FIGURE 72    BAIDU, INC.: COMPANY SNAPSHOT    183
TABLE 110    BAIDU, INC.: PRODUCTS OFFERED    184
TABLE 111    BAIDU, INC.: PRODUCT DEVELOPMENTS    184
TABLE 112    BAIDU, INC.: DEALS    184
TABLE 113    BAIDU, INC.: OTHERS    185

14.1.3    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.    186
TABLE 114    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: BUSINESS OVERVIEW    186
FIGURE 73    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: SERVICE OFFERING    187
FIGURE 74    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT    187
TABLE 115    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: PRODUCTS OFFERED    188
TABLE 116    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: PRODUCT DEVELOPMENTS    188
TABLE 117    BEIJING DIDI CHUXING TECHNOLOGY CO., LTD.: DEALS    188

14.1.4    CRUISE LLC    190
TABLE 118    CRUISE LLC: BUSINESS OVERVIEW    190
TABLE 119    CRUISE LLC: PRODUCTS OFFERED    190
TABLE 120    CRUISE LLC: PRODUCT DEVELOPMENTS    191
TABLE 121    CRUISE LLC: DEALS    191

14.1.5    EASYMILE    193
TABLE 122    EASYMILE: BUSINESS OVERVIEW    193
FIGURE 75    EASYMILE: COMPANY SNAPSHOT    193
TABLE 123    EASYMILE: PRODUCTS OFFERED    194
FIGURE 76    EZ10 SPECIFICATIONS    194
TABLE 124    EASYMILE: PRODUCT DEVELOPMENTS    194
TABLE 125    EASYMILE: DEALS    195
TABLE 126    EASYMILE: OTHERS    195

14.1.6    AUTOX, INC.    197
FIGURE 77    AUTOX, INC. FOOTPRINT    197
TABLE 127    AUTOX, INC.: BUSINESS OVERVIEW    197
TABLE 128    AUTOX, INC.: PRODUCTS OFFERED    198
TABLE 129    AUTOX, INC.: NEW PRODUCT DEVELOPMENTS    198
TABLE 130    AUTOX, INC.: DEALS    198
TABLE 131    AUTOX, INC.: OTHERS    199

14.1.7    ZOOX, INC.    200
TABLE 132    ZOOX, INC.: BUSINESS OVERVIEW    200
TABLE 133    ZOOX, INC.: PRODUCTS OFFERED    200
TABLE 134    ZOOX, INC.: DEALS    200

14.1.8    NAVYA    201
TABLE 135    NAVYA: BUSINESS OVERVIEW    201
FIGURE 78    NAVYA: COMPANY SNAPSHOT    201
TABLE 136    NAVYA: PRODUCTS OFFERED    202
TABLE 137    NAVYA: DEALS    202
TABLE 138    NAVYA: OTHERS    203

14.1.9    MOTIONAL, INC.    204
TABLE 139    MOTIONAL, INC.: BUSINESS OVERVIEW    204
TABLE 140    MOTIONAL, INC.: PRODUCTS OFFERED    204
TABLE 141    MOTIONAL, INC.: DEALS    204

14.1.10    2GETTHERE    205
TABLE 142    2GETTHERE: BUSINESS OVERVIEW    205
TABLE 143    2GETTHERE: PRODUCTS OFFERED    205
TABLE 144    2GETTHERE: DEALS    205

14.1.11    PONY.AI    206
TABLE 145    PONY.AI: BUSINESS OVERVIEW    206
TABLE 146    PONY.AI: PRODUCTS OFFERED    206
TABLE 147    PONY.AI: PRODUCT DEVELOPMENTS    206
TABLE 148    PONY.AI: DEALS    207

14.1.12    TESLA    208
TABLE 149    TESLA: BUSINESS OVERVIEW    208
FIGURE 79    TESLA: COMPANY SNAPSHOT    209
TABLE 150    TESLA: PRODUCTS OFFERED    209
TABLE 151    TESLA: PRODUCT DEVELOPMENTS    210
TABLE 152    TESLA: DEALS    210
TABLE 153    TESLA: OTHERS    211

14.2    OTHER KEY PLAYERS    212

14.2.1    NISSAN    212
TABLE 154    NISSAN: BUSINESS OVERVIEW    212

14.2.2    MOBILEYE    212
TABLE 155    MOBILEYE: BUSINESS OVERVIEW    212

14.2.3    NVIDIA CORPORATION    213
TABLE 156    NVIDIA CORPORATION: BUSINESS OVERVIEW    213

14.2.4    WOVEN PLANET (LYFT)    213
TABLE 157    WOVEN PLANET: BUSINESS OVERVIEW    213

14.2.5    APTIV PLC    214
TABLE 158    APTIV PLC: BUSINESS OVERVIEW    214

14.2.6    ZF FRIEDRICHSHAFEN    214
TABLE 159    ZF FRIEDRICHSHAFEN: BUSINESS OVERVIEW    214

14.2.7    MAY MOBILITY    215
TABLE 160    MAY MOBILITY: BUSINESS OVERVIEW    215

14.2.8    OPTIMUS RIDE    215
TABLE 161    OPTIMUS RIDE: BUSINESS OVERVIEW    215

14.2.9    YANDEX    216
TABLE 162    YANDEX: BUSINESS OVERVIEW    216

14.2.10    AURORA INNOVATION    216
TABLE 163    AURORA INNOVATION: BUSINESS OVERVIEW    216

14.2.11    QUALCOMM TECHNOLOGIES, INC.    217
TABLE 164    QUALCOMM TECHNOLOGIES, INC.: BUSINESS OVERVIEW    217

14.2.12    LUMINAR TECHNOLOGIES, INC.    217
TABLE 165    LUMINAR TECHNOLOGIES, INC.: BUSINESS OVERVIEW    217

14.2.13    LEDDARTECH INC.    218
TABLE 166    LEDDARTECH INC.: BUSINESS OVERVIEW    218

14.2.14    ARBE ROBOTICS    218
TABLE 167    ARBE ROBOTICS: BUSINESS OVERVIEW    218

14.2.15    NURO, INC.    219
TABLE 168    NURO, INC.: BUSINESS OVERVIEW    219

14.2.16    WERIDE    219
TABLE 169    WERIDE: BUSINESS OVERVIEW    219

14.2.17    ROBOSENSE    220
TABLE 170    ROBOSENSE: BUSINESS OVERVIEW    220

14.2.18    INNOVIZ TECHNOLOGIES LTD.    220
TABLE 171    INNOVIZ TECHNOLOGIES LTD.: BUSINESS OVERVIEW    220

14.2.19    OCULII    221
TABLE 172    OCULII: BUSINESS OVERVIEW    221

14.2.20    ARGO AI    221
TABLE 173    ARGO AI: BUSINESS OVERVIEW    221

14.2.21    UBER TECHNOLOGIES INC.    222
TABLE 174    UBER TECHNOLOGIES INC.: BUSINESS OVERVIEW    222

14.2.22    LYFT, INC.    222
TABLE 175    LYFT, INC.: BUSINESS OVERVIEW    222

*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.

15    RECOMMENDATIONS BY MARKETSANDMARKETS    223
15.1    ASIA PACIFIC TO BE KEY MARKET DURING FORECAST PERIOD    223
15.2    GOODS TRANSPORT: KEY FOCUS AREA    223
15.3    RISING DEMAND FOR ROBOTAXI BY RIDESHARING AND RIDE-HAILING SERVICE PROVIDERS    223
15.4    CONCLUSION    224

16    APPENDIX    225
16.1    KEY INSIGHTS FROM INDUSTRY EXPERTS    225
16.2    DISCUSSION GUIDE    226
16.3    KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    228
16.4    CUSTOMIZATION OPTIONS    230
16.5    RELATED REPORTS    230
16.6    AUTHOR DETAILS    231