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Robo-Taxi Market: 2019 Industry Analysis, Size, Trends, Growth and Forecast 2030 By Zaraki Kenpachi - July 2, 2021
Transparency Market Research has published a new report on the robotaxi market for the forecast period of 2019–2030. According to the report, the global robotaxi market is projected to reach a value of ~US$ 15 Bn by 2030, expanding at a CAGR of ~58% during the forecast period of 2019 to 2030. Get sample copy at: https://www.transparencymarketresearch.com/sample/sample.php? flag=S&rep_id=65897 Global RoboTaxi Market: Overview According to the report, the global robotaxi market is likely to be driven by the demand for reduction in the total cost of ownership by ridehailing companies. The emergence of new business models, such as ‘mobility as a service’, are offering significant opportunities to automakers instead of onetime vehicle sales. Automakers are trying to introduce autonomous vehicles in taxi services to improve consumer service, offer rideservice at lower costs, and lower the operating cost of the service. Key players such as Uber Inc., Waymo, Baidu, and Easy Mile are successfully conducting pilot projects on robotaxis, and are expected to lead the global robotaxi market. Expansion of Global RoboTaxi Market Robotaxis reduce the cost of ownership of a fleet operator by 30% to 50%. Radical shift from private ownership of vehicles to shared mobility has evolved the mobility industry, making it imperative for ridehailing companies to offer services at competitive costs. The robotaxi market is at the development stage, with expansion likely to occur post 2025.