CAGR: 9.5%Current Market Size: USD 15 BillionFastest Growing Region: APAC
Largest Market: North AmericaProjection Time: 2023-2030Base Year: 2022
The global Autonomous Delivery Robots market is expected to grow from USD 15 billion in 2022 to USD 31.0 billion by 2030, at a CAGR of 9.5% during the Projection period 2023-2030. The growth of the Autonomous Delivery Robots market is mainly driven by the need for contactless delivery by products.
Autonomous delivery robots are typically described as electric-powered motorized vehicles that can make deliveries to consumers of goods or parcels without the assistance of a delivery human. The sensors and navigational equipment that make up the autonomous delivery robots enable them to go around sidewalks and roadways without a driver or other delivery personnel present. Robots that can transport packages on their own fall into two categories. Robots that are pedestrian-sized and exclusively go on footpaths or sidewalks are called sidewalk autonomous delivery robots. These machines are programmed and made to transport different kinds of packages from one place to another. The packages that need to be delivered include cargo, food, couriers, and other supplies. Autonomous delivery robots have changed delivery systems. The increased need for automated warehouses as a result of the expanding e-commerce sector is the main driver driving the expansion of this market. They have the benefit of being a very effective and cost-effective delivery method. Retail, hospitality, healthcare, logistics, and other areas are where autonomous delivery robots are most frequently used. Both hospitality and healthcare organizations accelerated the implementation of delivery robots due to the pressure on the healthcare sector and the rising risk of infections. While keeping the task's efficiency, it lowers the likelihood of human contact.
Sample Request: - Global Autonomous Delivery Robots Market
Market Dynamics:
Drivers:
The last-mile delivery services are provided by autonomous delivery robots. In some specific cases when the robot cannot resolve itself, such as when it is trapped in a challenging scenario, an operator can watch the monitor and then take control of the robot clearly. The use of delivery robots is possible in various contexts, including package, food, room service, and healthcare delivery. Additionally, The need for autonomous delivery robots is rising as a result of growing industrialization and urbanization, which is anticipated to drive the market for Autonomous Delivery Robots to expand.
Restraints:
Global market expansion is hampered by the strict laws and restrictions that governments of many growing nations have placed restricting the use of delivery robots in public spaces. Furthermore, because many poor nations cannot afford it, the high cost of producing these delivery robots restricts the expansion of the worldwide market. Growth is being hampered by the unavailability and lack of knowledge of these robots in different nations.
Opportunities:
Strong consumer demand has forced the makers of delivery robots to begin extensive operations in many locations. The deployment and acceptance of delivery robot technologies are anticipated to enhance the market for these machines. Delivery robots are also used to deliver meals from restaurants. Although delivery robots have been around for a while, end customers including restaurants, grocery shops, and other delivery service providers have shown a lot of interest in them. Additionally, digitally enabled autonomous delivery robots are in need by many end users, and smart or intelligent delivery robots give manufacturers a competitive edge.
Challenges:
Due of the few limits and laws that apply to the operation of ground delivery robots, they are chosen over drones. Despite the fact that ground delivery robots are preferable to drones, there are several operational and technological issues that restrict robotic operations. Short runtime is one of these technological disadvantages. This factor has an impact on device demand, which hinders the expansion of the worldwide market as well.
Segmentation Analysis:
The global Autonomous Delivery Robots market has been segmented based on product, application, and region.
By Product
The product segment includes Semi-Autonomous Robots and Fully Autonomous Robots. The Fully Autonomous Robots segment led the largest share of the Autonomous Delivery Robots market with a market share of around 54% in 2022. Fully autonomous delivery robots are those that carry out all delivery tasks on their own, without the assistance of any human. Although there is currently a low market adoption rate for autonomous delivery robots, this is projected to change quickly in the next years.
By Application
The application segment includes Hospitality, Retail, Logistics, Healthcare, and Others. The Hospitality segment led the largest share of the Autonomous Delivery Robots market with a market share of around 36% in 2022. The non-human workforce at Millennium Hotels & Resorts is growing. Due in part to the growing importance of self-service and automation ideas to the customer experience, robots have emerged as a key technological trend in the hospitality industry. Accuracy, speed, and even cost-effectiveness improvements are possible with the use of robots.
Global Autonomous Delivery Robots Market - Sales Analysis.
The sale of the Autonomous Delivery Robots market expanded at a CAGR of 7% from 2016 to 2022.
The rise in internet users has encouraged more people to purchase online, which is likely to increase demand for autonomous delivery robots during the course of the projection period.
It is projected that the adoption of IoT and artificial intelligence in the delivery sector would lead to more efficient workflows and improved customer service. As a result, it is anticipated that more organizations would integrate robotics into their operations, creating attractive development prospects in the market for autonomous delivery robots.
These robots move along sidewalks like people and move at a leisurely, emission-free speed. These delivery robots are economical, practical, and environmentally friendly. The expansion of this sector is being driven by businesses that offer last-mile deliveries at lower costs and in less time.
Thus, owing to the aforementioned factors, the global Autonomous Delivery Robots market is expected to grow at a CAGR of 9.5% during the Projection period from 2023 to 2030.
By Regional Analysis:
The regions analyzed for the Autonomous Delivery Robots market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region dominated the Autonomous Delivery Robots market and held a 35% share of the market revenue in 2022.
Global Autonomous Delivery Robots Market - Country Analysis:
Germany's Autonomous Delivery Robots market size was valued at USD 1.6 billion in 2022 and is expected to reach USD 3.7 billion by 2030, at a CAGR of 8.6% from 2023 to 2030. Market expansion is anticipated to be driven by increasing consumer awareness of the advantages of deploying delivery robots and the quick adoption of robotics in academic and educational institutions. In addition, the absence of any laws or oversight organizations in Germany for the use of delivery robots is driving business expansion.
China’s Autonomous Delivery Robots market size was valued at USD 4.3 billion in 2022 and is expected to reach USD 5.7 billion by 2030, at a CAGR of 8.6% from 2023 to 2030.
China is one of the major countries in e-commerce business. In order to create its futuristic smart logistic solution in China plans to invest millions of dollars to construct an R&D center in partnership with the Xian National Civil Aerospace Industrial Base. Because the company's delivery robots have a maximum load-carrying capacity of 300 kg at a speed of 15 kph, they may be utilized to transport various items. Because of this, Autonomous Delivery Robots are in great demand.
China’s Autonomous Delivery Robots market size was valued at USD 4.3 billion in 2022 and is expected to reach USD 5.7 billion by 2030, at a CAGR of 8.6% from 2023 to 2030. Due to the need for more transformers to be installed, the electrification of railway lines in India's rural and urban areas is progressing quickly. This, combined with efforts to convert the entire country's rail system to electricity within three years, is a major factor in the market's expansion for Autonomous Delivery Robots.
Key Industry Players Analysis:
To increase their market position in the global Autonomous Delivery Robots market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
9.5% |
Market Size |
15 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Product, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Starship Technologies, Marble Robot Inc, TeleRetail, Postmates Inc, Robby Technologies, Robomart Inc, Kiwibot, Udelv Inc, Savioke Inc, and Segway Robotics Inc. |
By Product |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Autonomous Delivery Robots Market By Product:
Global Autonomous Delivery Robots Market By Application:
Global Autonomous Delivery Robots Market By Region:
Global Autonomous Delivery Robots market is expected to reach USD 31 billion by 2030.
Leading market players active in the global Autonomous Delivery Robots market are Starship Technologies, Marble Robot Inc, TeleRetail, Postmates Inc, Robby Technologies, Robomart Inc, Kiwibot, Udelv Inc, Savioke Inc, Segway Robotics Inc.
The Autonomous Delivery Robots market is projected to have a CAGR of 9.5%.
The growth of the Autonomous Delivery Robots market is mainly driven by the need for contactless delivery of products.
Based on the application, the global Autonomous Delivery Robots market has been segmented into Hospitality, Retail, Logistics, Healthcare, and Others.
Political Factors- Driving a car may be quite risky. Although people prefer to think of aircraft as being dangerous, the likelihood of getting in a vehicle or motorbike accident is far higher than that of being in a plane disaster. As a result, governments all over the world impose stringent safety standards on the automobile sector. These laws not only set down particular standards for the construction of motor vehicles, such as seatbelts to guarantee passenger safety, but they also have an impact on those who operate them. This makes it more challenging to start a new company in the automobile industry, assisting established firms in keeping their market share.
Economic Factors- Globally speaking, people are making an increasing amount of money each year. This implies that they have more money to spend on expensive products like electronics and, obviously, cars! Therefore, it is not surprising that demand for automobiles is steadily rising. This is particularly true in emerging nations, like several governments in Africa, where recent economic progress has only recently made it possible for lower-income households to acquire their own automobile. In the end, more automobiles will be sold as a result of the rising demand for motor vehicles, boosting profits for those working in the sector.
Social factors- There is no denying that driving is becoming more and more popular from a sociocultural standpoint. Families all over the world are increasingly likely to own one or more cars; in fact, owning one or more cars is now the standard in industrialised nations like the United States, Canada, and a large portion of the European Union. It's not like most of us can't get by on bicycles and buses; rather, we prefer to drive motor cars only because that's what is expected of us, and that's part of the problem.
Technological Factors- A significant technological development in the automotive sector, aside from the introduction of self-driving automobiles, is the safety of motor vehicles in general. Wearing seat belts wasn't made mandatory until the 1980s, and lower-end automakers didn't start installing airbags in all of their vehicles until the early 2000s. Industry-wide standards are rising, and the underlying technology is as well. Recently, automakers have started equipping their vehicles with emergency braking assist systems, greatly lowering the possibility of front-end crashes.
Environmental Factors- As was mentioned previously, one of the most harmful environmental pollutants produced by the automobile sector is carbon dioxide. Using the greenhouse effect, it has a significant impact on the global climate. The problem of carbon emissions has become more well known in recent years. We still use motor vehicles on a daily basis, but it's unclear if governments will be compelled to take stronger action to combat global warming. This could mean outlawing the use or production of all motor vehicles, or at the very least shifting to electric ones.
Legal Factors- Interestingly, the car business is also impacted by the copyright issue. Copyright, trademark, and patent laws may provide protection for certain aspects of an automobile, including its branding and even its form. Although you don't hear much about legal battles in the car industry, they do happen. Chinese automakers openly copying the designs of their Western competitors has been a growing problem in recent years. For instance, there has been significant contention over some suspiciously identical Rolls Royce Phantom replicas made by the Chinese company Geely. Although the overall impact of this copying on the sector is unknown, it is undoubtedly a problem.
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