GITNUX MARKETDATA REPORT 2024

Robotaxi Industry Statistics

The Robotaxi industry is projected to experience significant growth with an estimated global market value of $2.5 trillion by 2030.

Statistic 1

"By 2030, the global robotaxi market size is expected to reach $20.49 Billion, from $0.5 Billion in 2020."

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Statistic 2

"The market is expected to grow at a compound annual growth rate (CAGR) of 61.2% from 2020 to 2030."

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Statistic 3

"North America dominated the robotaxi market in 2020, with a market value of USD 0.14 billion."

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Statistic 4

"By 2027, robotaxis are expected to constitute nearly 40% of overall autonomous vehicles miles."

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Statistic 5

"As of 2019, more than 1,400 self-driving cars were being tested across 36 US states and the District of Columbia."

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Statistic 6

"It is predicted that by 2050 robotaxis could form up to 60% of US auto sales."

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Statistic 7

"Robotaxi services could reduce the number of cars on European roads from 280 million to 200 million by 2035."

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Statistic 8

"Robotaxis are anticipated to drive 2,585,020 million miles per year in the U.S. by 2035."

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Statistic 9

"According to the Boston Consulting Group and the University of St. Gallen, it's anticipated that by 2030, about 500,000 autonomous taxis will be in operation in Europe."

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Statistic 10

"In China, as of April 2021, ride-hailing giant Didi had deployed more than 700 robotaxis across three cities."

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Statistic 11

"By 2040, Morgan Stanley analysts predict that autonomous taxis could be a $2.5 trillion industry."

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Statistic 12

"Alphabet's Waymo has covered over 20 million driven miles by its autonomous vehicles on public roads as of 2020."

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Statistic 13

"The cost of hailing a robotaxi is projected to decrease to just $0.70 per mile by 2030."

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Statistic 14

"Autonomous vehicle testing in California in 2019, companies reported driving more than 2.87 million miles on public roads."

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Statistic 15

"Tesla's vehicles have reportedly accumulated more than 3 billion autonomous miles as of 2020."

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Statistic 16

"Waymo's robotaxis in Phoenix, Arizona covered more than 6.1 million miles in 2018 and 2019 alone."

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