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Robotaxi Market Growth Accelerated By Autonomous Driving Technology

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kiran gire
Robotaxi Market Growth Accelerated By Autonomous Driving Technology

Robotaxis offer mobility solutions that are driverless, electric, and shared. They include sensors and auto-pilot capabilities to navigate autonomously. The widespread adoption of autonomous driving technologies is expected to accelerate the adoption of shared robotaxis. The technology allows robotaxis to identify obstacles, interpret visual information from the environment, and navigate safely without any human input. The global Robotaxi Market is estimated to be valued at US$ 2532.62 Bn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends driving the growth of the robotaxi market is the rising adoption of autonomous driving technologies. Autonomous driving technologies have witnessed significant advancements in the past few years. Major robotaxi operators are investing heavily in developing autonomous driving technologies for robotaxis. For instance, Cruise, a subsidiary of General Motors, is developing advanced autonomous driving technologies through continuous R&D and testing. The company has received permits to test driverless vehicles on public roads in California and recently became the first company to receive a driverless testing permit in San Francisco. Rapid technological advancements in AI, ML, computer vision, and other aspects of autonomous driving are expected to make robotaxis a commercially viable option in the coming years. Widespread deployment of 5G networks will also support the processing of large volumes of data generated by autonomous vehicles.

Segment Analysis

The global robotaxi market is dominated by autonomous vehicles segment. Autonomous vehicles accounted for the largest share of over 60% in 2024. Autonomous ride-hailing is gaining popularity owing to the low cost involved and increasing investments in R&D of autonomous driving technologies by major automakers and tech companies.

Key Takeaways

The global Robotaxi market analysis is expected to witness high growth.

North America is currently dominating the market and is expected to maintain its dominance during the forecast period. This can be attributed to growing funding for autonomous vehicles testing from state and central governments in the US and Canada. Major technology hubs in Silicon Valley and automotive clusters in Detroit are facilitating advancements in autonomous driving technologies.

Key players

operating in the robotaxi market are Pfizer Inc., Novartis AG, Merck & Co. Inc., GSK PLC, AstraZeneca, Eli Lilly and Company, and Bristol-Myers Squibb Company (Celgene Corporation), among others. Waymo dominates the market with over 15% market share in 2024 owing to its partnerships with automakers like Fiat Chrysler and Jaguar Land Rover to deploy its fleet of autonomous vehicles for commercial robotaxi services. Cruise, Tesla and GM are focusing on self-driving vehicles for both ride-hailing and personal transportation.

Get more insights on this topic: https://www.ukwebwire.com/robotaxi-market-industry-insights-trendsrobotaxi-market/

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According to the estimates, the highest contribution in the market size of NSCLC is from the United States followed by Japan, Germany, and the UK.One of the most exciting developments in lung cancer medicine is the introduction of targeted treatments.Request for free sample pages to know more on Non-Small Cell Lung Cancer Market Forecast NSCLC is the most common type of lung cancer accounted for approximately 85% of all lung cancers.

The disease epidemiology included in the report provides historical as well as forecasted Non-Small Cell Lung Cancer epidemiology, which is segmented as Total Incident cases of NSCLC patients, Total Incident cases of NSCLC patients by Histology, Total Diagnosed cases of NSCLC patients by Stages, Total NSCLC cases of patients by Genetic mutation/Biomarkers, and Total Treated Cases of NSCLC patients by Line of Therapies scenario of NSCLC in the 7MM.The total NSCLC incident cases in the 7MM were observed to be 484,726 cases in 2017.Click here to know more on Non-Small Cell Lung Cancer pipelineNSCLC report encloses the detailed analysis of Non-Small Cell Lung Cancer marketed drugs and late stage (Phase-III and Phase-II) pipeline drugs.

The therapies that are approved for the NSCLC treatment are Rozlytrek (Entrectinib), Imfinzi (Durvalumab), Opdivo (Nivolumab), Tecentriq (Atezolizumab), Keytruda (Pembrolizumab), Tafinlar (Dabrafenib) in combination with Mekinist (Trametinib), Tagrisso (osimertinib), Lorbrena/Lorviqua (Lorlatinib), Vizimpro (Dacomitinib), Alunbrig (Brigatinib), Alecensa (Alectinib), Vitrakvi (Larotrectinib), Portrazza (Necitumumab) along with many more.Drugs covered in the report are:-There are several key players robustly involved in developing potential products such asNazartinib (EGF816)Capmatinib (INC280)Tepmetko (tepotinib)MerestinibJNJ-61186372 (JNJ-6372)Vemurafenib Plus CobimetinibX-396 (Ensartinib)Tedopi (OSE2101)Selpercatinib (LY3527723/ LOXO-292)SAR408701Braftovi (encorafinib) + Mektovi (binimetinib)PADCEV (enfortumab vedotin/ASG-22ME)Pralsetinib (BLU-667)TAK-788: Canakinumab (ACZ885)Avelumab (Bavencio)Veliparib (ABT-888): Sitravatinib (MGCD516)TesevatinibRomiplostim: CabozantinibSym015AMG 510INCMGA00012 (MGA012)Libtayo (Cemiplimab)BavituximabM7824 (Bintrafusp alfa)And many others Key Players covered in the report are:-Novartis PharmaceuticalsMerck KGaAEli Lilly and CompanyJanssen Research & DevelopmentHoffmann-La RocheXcoveryBeyondSpring PharmaceuticalsOSE ImmunotherapeuticsSanofiPfizerAstellas PharmaSeattle GeneticsBlueprint Medicines CorporationTakedaAbbVieKadmon CorporationAmgenSymphogenRegeneron PharmaceuticalsPeregrine PharmaceuticalsAvid BioservicesGlaxoSmithKlineAnd many othersThe report includes provides in depth analysis historical and forecasted Market Share (%) Distribution of NSCLC, Market Share (%) Distribution of NSCLC by Mutations/Biomarkers, Total Market Size of PD-L1 NSCLC, Total Market Size of BRAF NSCLC, Total Market Size of c-Met, Total Market Size of EGFR, Total Market Size of ALK as well.The reasons for buying this report:The report proffers an overview of pathophysiology, various diagnostic approaches and NSCLC treatment algorithm, including detailed chapters for marketed products and emerging therapies.Historical and forecasted Non-Small Cell Lung Cancer epidemiology in 7MM covering the United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan from 2017-2030.Detailed historical and forecasted NSCLC market covering the United States, EU5 and Japan from 2017-2030.

Pipeline analysis across different stages of development (Phase III and Phase II), different emerging trends and comparative analysis of pipeline products with comprehensive clinical profiles, key cross-competition, launch date along with product development activities.

Sports Medicine Products Market Analysis, Overview, Forecast Research Report to 2025
sylvia decosta 2019-03-14
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Latest Research Report on “Sports Medicine Products Market” Added by Analytical Research Cognizance which covers Market Overview, Future Economic Impact, Competition by Manufacturers, Supply (Production), & Consumption Analysis

This report studies the global market size of Sports Medicine Products Market in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sports Medicine Products in these regions.

This report also studies the global Sports Medicine Products market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Get Sample for Sports Medicine Products Market Report @ http://www.arcognizance.com/enquiry-sample/131077

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

Market size by End User

Turkey Cosmetics Market: Explore the hidden potential
freyr solutions 2018-12-20
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The global cosmetics production is one of the fastest growing industry globally, with a market size of USD 532.43 billion (in 2017). It is one of the few industries which is not much affected by the ups and downs of the global economic conditions. Even though the overall sale of the products is affected, the industry manages to maintain a steady sales volume. If the market continues to grow like this, it is estimated to reach a value of USD 805.61 billion by the end of 2023, registering a CAGR of 7.14%. Turkey is among the rising and major contributing markets for the cosmetics industry. Besides being a bridge between the Europe, Asia and Middle East, the Turkish market is constantly expanding its range of cosmetic products making it a niche of opportunities.
Global Sulphur Bentonite Market Insights, Forecast to 2025
tanay tiwari 2019-12-02
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Indian Farmers Fertiliser Cooperative Limited (IFFCO)

Sulphur Bentonite -MARKET ADVISORY SERVICES

Sulphur Bentonite is an absorbent aluminium phyllosilicate clay consisting mostly of montmorillonite.

Sulphur Bentonite, is a yellow brown pastille.

But to achieve yields and more nutritious foods, crops need Sulphur (S).In recent few years, the manufacturers from India and Middle East are playing more and more important roles in global market, and in future, Middle & East and India will play more important roles in supplying Sulphur Bentonite to the whole world.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sulphur Bentonite.This report researches the worldwide Sulphur Bentonite market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Sulphur Bentonite breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The Next Frontier in Transportation: Robotaxis and Beyond
Purvaja 2024-03-26
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The transportation industry is on the verge of a major revolution thanks to the emergence of robotaxis. With major tech companies pouring billions into robotaxi development, it seems this new mode of transportation is just around the corner. The Robotaxi Revolution is Coming All signs point to robotaxis becoming an everyday reality within the next 5-10 years. - Improved road safety - An Oxford University study found robotaxis could prevent over 30,000 deaths annually in the U. - New mobility services - Robotaxis could enable novel services like package delivery, mobile marketplaces, and transportation services for disabled/elderly people who can't drive today.
Tesla Plans To Launch A Robotaxi Network: What’s The Future Of Ride-Hailing Amid COVID-19?
Jennifer Atkinson 2020-08-14
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With Tesla rolling out autonomous robotaxis in the near future, the stage is well-poised for entrepreneurs who wish to launch a futuristic taxi app.

In this blog, let’s discuss in-depth about the robotaxi network and the future of ride-hailing post-COVID-19, https://www.appdupe.com/blog/tesla-plans-robotaxi-network-future-of-ride-hailing-covid-19/

Spirulina Market Analysis by Top Players 2020 to 2030
Kanika Bath 2020-08-07
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The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.

It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.

Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.

Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.

Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.

Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size  By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.

Global Robotic Surgery Systems Market 2019: By Types, Size, Key Players, Demand, Revenue, Opportunities, Growth Factors, Trend & Forecast Till 2025
Robert Maloney 2019-01-10
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This report studies the global market size of Robotic Surgery Systems in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Robotic Surgery Systems in these regions.

This report also studies the global Robotic Surgery Systems market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

Market size by End User

Rest of Central & South America

The study objectives of this report are:

To study and analyze the global Robotic Surgery Systems market size (value & volume) by company, key regions, products and end user, breakdown data from 2013 to 2017, and forecast to 2025.

Music Streaming Mobile App Development Cost & Key Features
Rahul Mathur 2020-12-28
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Want to develop Music Streaming Mobile App l?

Explore key features, market size, required team & development cost for Music Streaming application development.

Global Sulphur Bentonite Market Insights, Forecast to 2025
gargi patil 2019-06-22
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Sulphur Bentonite - MARKET ADVISORY SERVICES

Sulphur Bentonite is an absorbent aluminium phyllosilicate clay consisting mostly of montmorillonite.

Sulphur Bentonite, is a yellow brown pastille.

But to achieve yields and more nutritious foods, crops need Sulphur (S).In recent few years, the manufacturers from India and Middle East are playing more and more important roles in global market, and in future, Middle & East and India will play more important roles in supplying Sulphur Bentonite to the whole world.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Sulphur Bentonite.This report researches the worldwide Sulphur Bentonite market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.This study categorizes the global Sulphur Bentonite breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers Of Sulphur Bentonite are covered in this report:

Beta-Carotene Market Restraint analysis | Size and Share | Forecast To 2024
anjali varma 2018-10-16
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This report studies Beta-Carotene Market with SWOT analysis, Market Share, Restraint analysis, Segmentation, Insights, Growth, Application, Trends, Market driver analysis, Revenue and Competitive analysis in these regions, forecast to 2024.

This report focuses on top manufacturers in Global Market. Global Beta-Carotene Market is predicted to grow considerably in the years to come owing to the impressive increase in the consumption of beta-carotene in different types of foods.

An antioxidant plays important role in normal human growth, development, and eyesight. Beta-carotene also fortifies immune system of the body and has a strong impact on thymus gland where immune cells are produced.

On the other hand, excessive consumption of beta-carotene can adversely affect human body and high cost of supplements may restrain overall market growth in the years to come.