On-Demand People Transportation
The announced arrival of fully autonomous robotaxis will likely change car ownership and overall transportation dynamic drastically, as people find benefits in lower transportation costs, increased productivity and a more environmental means of transportation thanks to shared mobility.
Operating initially at low speeds in pre-defined areas and roads, robotaxis are likely to hit the streets well before privately owned autonomous vehicles. Robotaxis enable a powerful new business model: according to RBC, the new space could represent a total addressable market of about $3.8 trillion by 2050.
Mainstream Players Invest in Robotaxis
Some of the largest automotive and technology players are investing massively in the development of robotaxis and new on-demand transportation services with the aim of capturing a significant share of the new market’s added value. For example, Waymo is aiming to launch America’s first commercial robotaxi service, Chinese internet giant Baidu is testing a fleet of autonomous taxis in a pilot zone, while Uber, GM and Ford are developing competing fleets, just to name a few.
Analysts expect about 14,000 robotaxis on the road in 2020, growing to 2.4 million by 2025 and representing a 187% annual growth rate.
SSLiDAR Solutions for Robotaxis
We offer a wide variety of solid-state LiDAR designs that can be used to build a highly reliable 360-degree perception cocoon for robotaxis. These LiDAR modules can be designed for short and long ranges. Moreover, modules can feature various levels of resolution according to the system’s specific requirements.
SSLiDAR also offers off-the-shelf LiDAR modules ready for integration into specific mobility projects for R&D, proof of concept, field validation and new platform seeding.
Related Information
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