Goldman Sachs Raises Global Robotaxi Market Forecast to $415 Billion by 2035

Key Facts

1Goldman Sachs raised its U.S. robotaxi market forecast to $19 billion by 2030 and $48 billion by 2035.

2The global robotaxi market is projected to reach $415 billion by 2035, with gross margins between 30% and 50%.

3Analysts noted an accelerated pace of autonomous technology commercialization across the U.S., China, and Europe.

Goldman Sachs analysts have significantly upgraded their long-term forecasts for the robotaxi market, citing an accelerated pace of autonomous technology commercialization. The bank raised its U.S. market projection to $19 billion by 2030 and $48 billion by 2035. Globally, the market is now expected to reach a staggering $415 billion by 2035, with projected gross margins ranging between 30% and 50%. This upgrade is driven by massive AI-driven data center investments and the successful expansion of vehicle deployments across the U.S., China, and Europe. Major players including Tesla, Nvidia, and Waymo are positioned as primary beneficiaries of this structural shift in transportation. These revised estimates reflect growing confidence in the deployment of physical AI tools and their long-term profitability potential.