Absolute Markets Insights added recently released new research report on Pod Taxi Market 2022 by Top Manufacturers, Regions, Type and Application, Forecast provides updates and information related to industry coverage, current market competitive status, and market outlook. Pod Taxi market report is a particular investigation of the business which clarifies what the market definition, arrangements, applications, commitment, and worldwide industry patterns are. This market research report serves to be an exceptionally huge segment of business system. Excellent practice models and method of research utilized while generating this industry report reveals the best opportunities to thrive in the market. With the market data of this report, emerging trends along with major drivers, challenges and opportunities in the market for Pod Taxi industry can be identified and analysed. Pod Taxi market report presents market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, their preferences for particular product and market demand and supply scenarios.

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In terms of revenue, global pod taxi market was valued at US$ US$ 8.01 Bn in 2019 and is anticipated to grow at a CAGR of 18.30 % over the forecast period (2020 – 2028). Some of the players operating in the global pod taxi market card market are SkyTran, Boeing, Metrino-PRT, Fairwood Group, 2getthere, Ultra Global PRT, Vectus Ltd., General Motors, Mercedes, and Google.

Pod taxi, also known as personal rapid transit (PRT), is a public transport system developed for traveling swiftly in congested areas. These cars operate much like the traditional rail and streetcar network and are built above busy roads and highways. Pod cars are automated driverless vehicles and can carry up to six people at a time. Pod car is a revolutionary transport concept which is environment-friendly possessing the ability to be fuelled by solar power and other renewal power sources, thereby aiding in limiting the adversities concerning pollution in densely populated areas.

The Ultra pod system, for instance, helps in the reduction of carbon emissions by about 50%, as compared to fossil fuel-powered buses. Factors such as environment sustainability and reduction in congestion are propelling the growth of the global pod taxi market. The countries globally are heading towards high-end technology, and a few countries have also initiated the deployment of pod taxi system. Morgantown in West Virginia has a sprawling network of PRT and gained popularity since 1975. Masdar City of UAE has also established the same in 2010. An ultra-PRT has been set up at London Heathrow Airport as well.

Global Pod Taxi Market:

By Application

Airports
Business & Industrial Parks
University Campus
Shopping Centers
Theme Parks & Resorts
Large Hospitals Areas
Others
By Region

North America
Europe
Asia Pacific
Middle East and Africa
Latin America
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