Delivery Robots Market Share, Size Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2022-2029
Analysis from GMI Research finds that the Delivery Robots Market earned revenues of USD 154 million in 2022 and forecast to touch USD 1,375 million in 2030 will grow at a CAGR of 31.5% from 2023-2030.
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Major Delivery Robots Market Drivers
Rapid industrialization, increasing adoption of delivery robots by online retailers and the medical sector, and evolving need for faster delivery services with an expansion in the e-commerce industry are some of the major factors projected to drive the global delivery robots market growth. In addition, the growing adoption of delivery robots across food & beverage industry to offer doorstep delivery to customers is projected to expand the market growth. Moreover, the leading food industry players have partnered with delivery robot producers to provide food without any human interference. For example, in 2019, Coca-Cola used self-driving robots to offer drinks to visitors at Alton Towers.
Technological development in delivery robots, such as the incorporation of AI and ML, have improved robot functionality, thereby stimulating market growth. Other factors such as robotics venture allowance, intensified investment by leading companies, and increasing application of drones in the commercial sector will contribute to the market growth. However, strict norms associated with the operation of delivery robots might hamper the delivery robots market size over the upcoming years.
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Number of Wheels – Segment Analysis
Based on the Number of Wheels, the 4 Wheels segment is expected to grow at a higher CAGR during the forecast period. Companies provide four-wheeled robots for delivering groceries, food orders, flowers, packages, and boxes, among other things. Moreover, lowering the distance between the front and rear set of wheels will result in substantial zero-radius turning in any desired direction with four-wheeled robots.
End-User Industry – Segment Analysis
Based on the End-User Industry, the Retail segment is expected to grow at a higher CAGR during the forecast period. The rising use of the internet offers growth to online shopping. The ever-increasing trend of online shopping is expected to intensify the need for delivery robots for the e-commerce application in the retail industry in the upcoming years. Furthermore, once the rules and regulations for operating autonomous delivery robots are determined worldwide, these robots would also be adopted for cargo deliveries, which is also an important factor that is likely to propel the growth delivery robots market.
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Regional – Segment Analysis:
Based on the region, North America is projected to dominate the market during the forecast period. Many major market vendors are based out of here, and also the region has a high number of startups and manufacturers working toward the growth of autonomous delivery robotic technology. Moreover, the penetration of autonomous delivery robots across various end-users in the region is higher as compared to other regions of the world. In the hospitality and retail, and logistics segments, the demand for these robots is rising; many retail and hospitality players are collaborating with manufacturers to have a first-hand experience of the prototypes. For instance, delivery robots are helping many prime hospitality organizations to gain significant attraction from media, which is an important channel in the region that influences tourists’ decision to book a hotel or resort. North America, being the second largest e-commerce market after Asia-Pacific, has a high number of shoppers. Such a widespread e-commerce market in the region is encouraging several retailers to invest and develop their supply chain facilities, resulting in considerable investments in the autonomous delivery robots sector. Also, many of the end-user companies are shifting to autonomous robots, which is significantly expanding the growth of the ADR market in the region. For example, in 2019, Amazon officially rolled out its last-mile delivery robots in Southern California. The delivery robot is designed to autonomously deliver parcels from urban distribution points to Amazon Prime customers, removing the need for vehicles in last-mile delivery.
Top Market Players
Various notable players operating in the market include Starship Technologies, JD.com, Inc., Panasonic Corporation, Nuro LLC, Robby, Boston Dynamics., Robomart.com, Eliport, Inc., Piaggio Fast Forward, TeleRetail., among others.
Key Developments:
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- In 2021, Domino’s, a global pizza restaurant chain entered in a partnership with Nuro, Inc., an autonomous delivery robot producer, to offer driverless deliveries. This collaboration helped Nuro, Inc. deliver domino’s orders to customers through its autonomous delivery robot.
- In 2020, Starship Technologies collaborated with Save Mart Companies to launch an on-demand grocery delivery service to its consumers. Save
- In 2020, JD.com, Inc. procured a controlling stake in Chinese express transport company Kuayue Express Group. As a result of this acquisition, JD Logistics, the logistics arm of JD.com, will operate with Kuayue Express, an organization regarded as a front-runner in the limited-time express service, which is supportive of the idea of same- and next-day delivery of JD.com.
- In 2020, Nuro LLC partnered with CVS Pharmacy to start delivering prescriptions through driverless vehicles.
Segments covered in the Report:
The global Delivery Robots market has been segmented on the basis of Load Carrying Capacity, Component, Number of Wheels, Speed Limit, End-User Industry and regions. Based on Load Carrying Capacity, the market is segmented into Up to 10 KG, More than 10 kg Up to 50 KG and More than 50.00 KG. Based on Component, the market is segmented into Hardware and Software. The Hardware market is further segmented into Ultrasonic/ LIDAR Sensors, Chassis and Motors, Control Systems, Radars, GPS, Cameras and Others. The Software market is further segmented into Fleet Management Software and Computer Vision. Based on Number of Wheels, the market is segmented into 3 Wheels, 4 Wheels and 6 Wheels. Based on Speed Limit the market is segmented into 3 KPH, Higher than 3 KPH up to 6 KPH and Higher than 6 KPH. Based on End-User Industry, the market is segmented into Food & Beverages, Retail, Healthcare, Postal and Others.
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Report Coverage |
Details |
Market Revenues (2022) |
USD 154 Million |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Load Carrying Capacity, By Component, By Number of Wheels, By Speed Limit, By End-User Industry, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Starship Technologies, JD.com, Inc., Panasonic Corporation, Nuro LLC, Robby, Boston Dynamics., Robomart.com, Eliport, Inc., Piaggio Fast Forward, TeleRetail., among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Delivery Robots Market by Load Carrying Capacity
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- Up to 10 KG
- More than 10 kg Up to 50 KG
- More than 50.00 KG
Global Delivery Robots Market by Component
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- Hardware
- Ultrasonic/ LIDAR Sensors
- Chassis and Motors
- Control Systems
- Radars
- GPS
- Cameras
- Others
- Software
- Fleet Management Software
- Computer Vision
- Hardware
Global Delivery Robots Market by Number of Wheels
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- 3 Wheels
- 4 Wheels
- 6 Wheels
Global Delivery Robots Market by Speed Limit
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- 3 KPH
- Higher than 3 KPH up to 6 KPH
- Higher than 6 KPH
Global Delivery Robots Market by End-User Industry
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- Food & Beverages
- Retail
- Healthcare
- Postal
- Others
Global Delivery Robots Market by Region
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-
North America Delivery Robots Market (Option 1: As a part of the free 25% customization)
- By Load Carrying Capacity
- By Component
- By Number of Wheels
- By Speed Limit
- By End-User Industry
- US Market All-Up
- Canada Market All-Up
-
Europe Delivery Robots Market (Option 2: As a part of the free 25% customization)
- By Load Carrying Capacity
- By Component
- By Number of Wheels
- By Speed Limit
- By End-User Industry
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
-
Asia-Pacific Delivery Robots Market (Option 3: As a part of the free 25% customization)
- By Load Carrying Capacity
- By Component
- By Number of Wheels
- By Speed Limit
- By End-User Industry
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
-
RoW Delivery Robots Market (Option 4: As a part of the free 25% customization)
- By Load Carrying Capacity
- By Component
- By Number of Wheels
- By Speed Limit
- By End-User Industry
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the Delivery Robots (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Starship Technologies
- JD.com, Inc.
- Panasonic Corporation
- Nuro LLC
- Robby
- Boston Dynamics.
- Robomart.com
- Eliport, Inc.
- Piaggio Fast Forward
- TeleRetail
- Published Date: Nov-2023
- Report Format: Excel/PPT
- Report Code: UP2159-001001
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Delivery Robots Market Share, Size Growth Opportunities, Outlook, Statistics, Market Scope, Revenue, Research, Trends Analysis & Global Industry Forecast Report, 2022-2029
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