The Global Robo-Taxi Market is projected to grow at a CAGR 47.89% rate during the forecast period. The rising concerns over road safety, emissions, and the increasing demand for ride-hailing services have led to the growth of the market. Autonomous vehicles also help in optimizing cost to the fleet operator. Newer business models like mobility as a service would provide another sustainable and profitable revenue stream in the future.
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Europe is expected to witness significant growth during the forecast period. The European region is estimated to be dominated by countries such as Germany, France, Norway, and the Netherlands. Technological advancements and developed & supportive infrastructure have helped the fleet operators to test and deploy easily in this region.
The prominent players in the Global Robo-Taxi Market are Waymo LLC (US), Aptiv (Ireland), GM Cruise (US), Ridecell, Inc (US), Uber Technologies Inc. (US), NAVYA (France), and EasyMile (France).
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