Possibility of Autonomous Public Transportation Through the Adoption of Robo Taxis
Published on : Tuesday 23-06-2020
There a wide increase in the research and advancement to expand autonomous mobility and transportation. In 2019, the global market observed a wide change in consumer demand across the taxi industry owing to a rise in the emergence of ride-booking applications.
Considering and evaluating trends, various taxi booking companies have to incorporate changes in their booking and service pattern. Also, they witness a shortage of drivers and vehicles, which enhances the demand for autonomous mobility in the end-use application area. In addition, the advancement in artificial intelligence has offered taxi companies are primarily open up growth in order to invest in new ideas. Such investments are creating opportunities for robotic taxis, or robo taxis and enhance public transportation.
In the current market, the global market the transportation industry is deliberately moving towards autonomous vehicles for public transport. Moreover, it is also expected that automated technology will revolutionize the public transportation industry through various advantageous ways i.e. having robo taxis as public transportation.
Global Robo Taxis Market Demand
In recent years, the robo taxis market has witnessed significant growth and a rapid increase in investment for the commercialization of robo taxis. Moreover, the global robo taxi market is anticipated to reach around USD 38 billion by 2030, with a growth rate of 67.8% from 2020-2030, as per Allied Market Research.
Considering, the wide growth in demand for fuel-efficient, stringent regulation to meet emission-free vehicles, and the need for better road safety and traffic control are primarily driving the demand for the robo taxis in the coming years. The introduction of government regulations and growth in a tendency for smart cities are expected to provide growth opportunities.
Reduced Rates of Accidents
Globally, road traffic injuries owing to human errors is the key cause of death. Moreover, the investment in the public transport sectors, including taxies is greatly intent to reduce the rate of accidents.
However, with semi-automation in vehicles, the number of accidents has been decreased, as the sensors and advanced systems alert the driver before the danger or uneven bounce occurs. It is expected that the robo taxis can be a much better solution to reduce the rate of road accidents in the world.
Reduce Traffic Congestion
The use of highly automated technology can be helpful in reducing traffic congestion, as autonomous cars are equipped with connected car technology. With this technology, the cars can communicate with each other, based on which it can improve their routes for an individual vehicle. This information can help to distribute a proper traffic flow. This could help robo taxis to offer a more convenient ride and reduce the time as well.
Lower CO2 emission
Many people argue that transportation has augmented global warming. Regardless of the environmental consequences, vehicles are chosen regularly owing to consumer demands and needs. On the other hand, traffic congestion, speeding up, and re-accelerating vehicles has resulted in nothing but increased pollution.
However, the robo taxis can contribute to reducing overall pollution, mostly emitted by other vehicles.
These autonomous vehicles are programmed to maintain consistent driving speed and keep a measured distance between vehicles. This can reduce excess braking and re-acceleration. Moreover, the electronic models of robo taxis with the electronic or hybrid engine can reduce the use of fuel.