Key insights
- Goldman Sachs projects a substantial expansion in the robotaxi and autonomous trucking markets by 2035, with significant revenue tied to AI. The US robotaxi market is estimated at $48 billion. This growth suggests long-term opportunities in related technology and automotive sectors, potentially driving investment and innovation in these areas, though the timeline is distant.
- The global robotaxi market is projected to reach approximately $415 billion in 2035, with the US portion alone estimated at $48 billion, per Goldman Sachs Research. * Autonomous trucking is expected to become cheaper per mile than human-driven trucks in 2028 in the US, with the global AV trucking market potentially reaching $560 billion in 2035. * The global commercial AV robotaxi fleet is forecast to grow from roughly 7,000 vehicles last year to about 6 million in 2035. * Revenue specifically tied to AI technology, including virtual driver software and consumer autonomy subscriptions, is estimated to increase to $300 billion in 2035.