The global autonomous delivery robots market size was US$ 0.39 million in 2020. The global autonomous delivery robots market is forecast to grow to US$ 6.8 million by 2030 by growing at a compound annual growth rate (CAGR) of 35.3% during the forecast period from 2022 to 2030.
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Factors Influencing the market
The wide applications of autonomous delivery robots in the healthcare, medical, hospitality, e-commerce, and retail industry are forecast to drive the autonomous delivery robots market forwards.
The growing adoption of autonomous delivery robots is forecast to boost the growth of the market. Prominent companies like Amazon, UPS, DHL, and logistics have experimented with robots and drones in order to deliver parcels with accuracy and efficiency. As a result, it will contribute to the growth of the market. In addition, the rising number of investments and partnerships are forecast to benefit the autonomous delivery robots market. For instance, US-based Amazon purchased Kiva Systems, a Massachusetts-based robotics startup.
The new product launches in the industry will surge the growth of the global autonomous delivery robots market. For instance, FedEx unveiled FedEx SameDay Bot in 2019. It is an autonomous delivery robot specifically manufactured to help retailers make same-day and last-mile deliveries.
Changing weather conditions and security issues may limit the growth of the global autonomous delivery robots market.
COVID-19 Impact Analysis
The sudden wake of the COVID-19 pandemic surged the demand for contactless delivery. As a result, the autonomous delivery robots market witnessed unexpected growth. Venezia’s Pizzeria began delivering its pies through the Starship robot during the pandemic in 2020. Thus, the COVID-19 epidemic emerged as an opportunity for the global autonomous delivery robots market.
In addition, the demand for dine-in decreased significantly. Due to the burden on the healthcare segment and the growing risk of viruses, both hospitality and healthcare bodies surged the adoption of delivery robots. It decreases the probability of human contact while maintaining the efficiency of the task. Thus, all of these factors have been beneficial for the growth of the market.
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Regional Analysis
North America is forecast to emerge as the largest autonomous delivery robots market. The growth of the region is attributed to the presence of a large number of startups and manufacturers working in the growth of autonomous delivery robotic technology. In addition, the rising penetration of autonomous delivery robots is forecast to fuel the growth of the market.
The growth of the hospitality and retail segment in the region will ultimately contribute to the growth of the autonomous delivery robots market. The demand for automation is increasing in these sectors. In addition, many retail and hospitality players are collaborating with the aim to have a first-hand experience of the prototypes. Thus, it will benefit the region autonomous delivery robots market.
Competitors in the Market
- Starship Technologies
- Aethon Inc.
- Robby Technologies
- Saviole Inc.
- Nuro Inc.
- Eliport, Marble Robot Inc.
- TeleRetail, Kiwibot
- Postmates Inc.
- Other Prominent Players
Market Segmentation
The global autonomous delivery robots market segmentation focuses on Component, End-Use, and Region.
By Component
- Solution
- Services
By End-Use Industry
- Hospitality
- Healthcare
- Retail & Logistics
- E-commerce
- Food & Beverages
- Others
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By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of South America
What is the goal of the report?
1.The market report presents the estimated size of the market at the end of the forecast period. The report also examines historical and current market sizes.
2.During the forecast period, the report analyzes the growth rate, market size, and market valuation.
The report presents current trends in the industry and the future potential of the North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa markets.
3.The report offers a comprehensive view of the market based on geographic scope, market segmentation, and key player financial performance.
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