Australia radio taxi market is anticipated
to grow at a CAGR of over 10% during the forecast period on account of growing
demand for cost-effective mode of commute with better comfort and need to
reduce urban traffic congestion. Moreover, radio taxi offers benefits such as
multiple payment options, GPS enabled vehicles and booking convenience, which
is further propelling the growth of the market. Additionally, as the number of
online bookings for radio taxis is increasing, most of the drivers are willing
to have their own car, which is further expected to positively influence radio
taxi market of Australia during the forecast period.
Australia radio taxi market can be
segmented based on vehicle type, user, payment mode and regional analysis. On
the basis of vehicle type, the market can be segmented into hatchback, sedan,
SUV and luxury. SUV vehicle type is one of the major segments in the radio taxi
market due to high demand for SUV in the country. On the basis of payment mode,
online is likely to witness significant growth in the coming years on account
of discount and cashbacks on paying online for the ride.
The major players operating in the radio
taxi market of Australia include Uber Australia Pty Ltd, Ola Australia Pty Ltd,
Bolt (Taxify), GM Cabs Australia, Black & White Cabs Pty Ltd., DiDi,
Gocatch, among others. Major companies are developing advanced technologies and
launching new products in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new product
developments.
On the basis of region, the market
can be segmented into New South Wales, Northern Territory, Queensland, South
Australia, Tasmania, Victoria and Western Australia. New South Wales and
Victoria are likely to account for larger share in the market owing to the
presence of cities such as Sydney and Melbourne which have large pool of
customers.
Objective of the Study:
- To analyze and forecast the market size of Australia radio taxi
market.
- To classify and forecast Australia radio taxi market based on vehicle
type, user, payment mode and regional distribution.
- To identify drivers and challenges for Australia radio taxi market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Australia radio taxi market.
- To conduct the pricing analysis for Australia radio taxi market.
- To identify and analyze the profile of leading players operating in
the Australia radio taxi market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the country. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service offerings, distribution channels and presence of all
major service providers across the country.
TechSci
Research calculated the market size of Australia radio taxi market using a
bottom-up approach, wherein data for various end-user segments was recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
·
Radio taxi vendors
·
Research organizations and consulting companies
·
Trade Associations, organizations, forums and
alliances related to radio taxi
·
Government bodies such as regulating authorities
and policy makers
·
Industry associations
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
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Attribute
|
Details
|
|
Base Year
|
2021
|
|
Historical Data
|
2017 –
2020
|
|
Estimated Year
|
2022
|
|
Forecast Period
|
2023
– 2027
|
|
Quantitative Units
|
Revenue in USD Million, Volume in Units and CAGR for 2017-2021
and 2022E-2027F
|
|
Report coverage
|
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends
|
|
Segments covered
|
·
Vehicle Type
·
User
·
Payment Mode
|
|
Regional scope
|
Queensland,
Western Australia, Tasmania, New South Wales, Northern Territory, South
Australia, Victoria
|
|
Key companies profiled
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Uber Australia Pty Ltd, Ola Australia Pty Ltd, Bolt (Taxify),
GM Cabs Australia, Black & White Cabs Pty Ltd., DiDi, Gocatch.
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, Australia radio taxi market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market,
by Vehicle Type:
- Hatchback
- Sedan
- SUV
- Luxury
- Market,
by User:
- Individual
- Corporate
- Tourist
- Market,
by Payment Mode:
- Market,
by Region:
- New South Wales
- Northern Territory
- Queensland
- South Australia
- Tasmania
- Victoria
- Western Australia
Competitive
Landscape
Company Profiles: Detailed analysis of the major companies
present in Australia radio taxi market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]