Robo-Taxi Market 2021 Analysis May Set New Growth Story, Forecast to 2027

The Robo Taxi market will grow at a CAGR of 68% over the forecast period from 2021 to 2027. Increasing competition for the distribution of autonomous vehicles is an essential factor in driving the robo taxi market. Increasing demand for fuel-efficient and exhaust-free vehicles is an important factor in accelerating the market growth, increasing the need for better road safety and traffic control, and removing drivers from taxis reduces overall operating costs, resulting in cost-effectiveness.

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Robo-Taxi Market Segments:

By Application

• Goods
• Passenger

By Level of Autonomy

• L4
• L5

By Vehicle

• Car
• Shuttle/Van

By Service

• Rental
• Station Based

By Propulsion

• Electric
• Hybrid
• Fuel Cell

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