USD 5 billion
Global Delivery Robot Market Size, Share, Growth Analysis, By Component(Hardware, Software and Services), By Type(Fully Autonomous and Semi-Autonomous), By Load Capacity(Upto 10kg, 01-50kg and More than 50kg) - Industry Forecast 2024-2031
Report ID:
SQMIG20I2250 |
Region:
Global |
Published Date: April, 2024
Pages:
196
|
Tables:
86 |
Figures:
71
Global Delivery Robot Market Insights
Global Delivery Robot Market size was valued at USD 5 billion in 2022, USD 6.25 billion in 2023 and is projected to grow USD 29.80 billion by 2031, growing at a CAGR of 25% in the forecast period (2024-2031).
A delivery robot is an automated device that delivers goods right to a customer's door without the need for human assistance at any point during the process. Without a human driver, delivery robots may maneuver through crowds of people in public areas. A better and more effective way to deliver the goods to the client is needed due to the rise in the demand for online purchases brought about by the growing e-commerce sector and greater internet use. Delivery robots are among the many services that the companies have adopted as a result of this. It is projected that advancements in the e-commerce industry will play a vital role in driving the growth of the worldwide delivery robot market, as demand for contactless delivery increases.
Delivery robots are being developed by online merchants and grocery stores like Big Basket, Flipkart, and Amazon to handle last-mile deliveries of items. Nonetheless, a major barrier to industry expansion is the restricted operational range of ground delivery robots and the strict laws governing their use. The e-commerce sector is expanding significantly as a result of the short- and long-term structural disruptions brought about by COVID-19, particularly in the grocery and homecare categories. For example, the COVID-19 epidemic has caused an increase of more than 30% in the overall sales of e-commerce companies in the United States. Furthermore, DHL reported a rise in parcel shipments from 5.3 million to 9.0 million per day in Germany, comparable to deliveries around Christmas.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Fully autonomous
Fastest Growth
Semi autonomous
Growth Rate
25% CAGR
Global Delivery Robot Market ($ Bn)
Country Share by Asia Pacific (%)
Global IoT in Warehouse Market By Solution ($ Bn)
Global Delivery Robot Market By Type (%)
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Global Delivery Robot Market Segmental Analysis
The global delivery robot market is segmented based on component, type, load capacity and regional type. In terms of component, the market is segmented into hardware, software and services. Based on type, the market is bifurcated into fully autonomous and semi-autonomous. In terms of load capacity, the market is segmented into up to 10kg, 01-50kg and more than 50kg. Based on region, the market is segmented into North America, Europe, Asia Pacific, Central & South America and Middle East & Africa. The delivery robot type outlook forecast has improved the global market CAGR in recent years.
Analysis by Type
As per categorization by type, the market is classified into fully autonomous and semi autonomous. Among these, fully autonomous earned the largest share and continue to dominate the market. Advances in autonomous technology and growing desire for contactless delivery due to health concerns are driving the rapid expansion of the worldwide delivery robot industry. In urban and suburban environments, fully autonomous robots with advanced sensors, artificial intelligence, and machine learning capabilities are being used to carry groceries, meals, and other items. This idea promises scalability and cost savings for enterprises by improving operational efficiency and lowering human engagement. Furthermore, more deployment options in a wider range of situations are being made possible by continuous advancements in safety and navigation functions.
Due to its ideal blend of affordability and advanced technology, the semi-autonomous segment of the global delivery robot market is anticipated to grow at the quickest rate. These robots benefit from human participation in difficult navigation circumstances, which ensures reliability and safety, while also requiring minimum human monitoring that lowers labour costs. Furthermore, compared to fully autonomous systems, semi-autonomous robots require less infrastructure, which allows them to be deployed more quickly and be more suited to existing situations. Their rapid popularity across a variety of businesses looking to increase productivity is driven by their accessibility and simplicity of integration.
Analysis by Component
Innovation in the worldwide delivery robot market is focused on improving customization and service efficiency. In order to enhance route optimization, obstacle avoidance, and client engagement skills and guarantee safe and timely delivery, these robots are becoming more and more integrated with cutting-edge AI. They are used in the restaurant, retail, and healthcare industries, offering vital services like food delivery and the transportation of medical supplies. Robots are being developed to function in a variety of settings, including regulated indoor areas and crowded city streets, as companies endeavor to satisfy customers' demands for speed and ease.
The worldwide delivery robot market is expected to develop at the quickest rate in the hardware and software sectors due to ongoing technological breakthroughs and the requirement for frequent updates to improve functionality and efficiency. Improvements in hardware, such as enhanced sensors and longer-lasting batteries, directly improve the robots' endurance and operational capabilities. Simultaneously, improvements in software, such as more complex path planning and obstacle detection algorithms, greatly increase the autonomy and dependability of robots. Delivery robots are guaranteed to stay competitive and flexible in response to changing consumer expectations and market demands thanks to this twofold progression.
Global Delivery Robot Market By Type (%), 2022 (%)
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Global Delivery Robot Market Regional Insights
With the third-largest market share worldwide, the Asia-Pacific region is, in fact, the one with the quickest rate of growth in the delivery robot market. The delivery robot market in the Asia-Pacific region is expanding due to a number of causes. The demand for practical and effective delivery options is fueled by the region's enormous population and quickly urbanizing cities. The second-largest market share is held by the delivery robot market in Europe. The market for delivery robots is expected to increase due in major part to Europe's superior technological industry, robust infrastructure, and high rate of acceptance of new technologies.
In the market for delivery robots, North America is anticipated to have the most market share. This is caused by a number of things, including the region's high rate of technological adoption, the existence of significant companies, and the growing need for effective and frictionless delivery options. The United States is anticipated to hold the greatest market share for delivery robots in North America due to the nation's growing technological adoption and strong demand for delivery services. Latin America and the Middle East and Africa are exhibiting encouraging growth in the worldwide delivery robot market, with Brazil and the United Arab Emirates standing out as the fastest-growing nations. In order to improve service efficiency in the commercial and urban sectors, these regions are implementing robotic delivery solutions.
Global Delivery Robot Market By Geography, 2024-2031
- Largest
- Fastest
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Global Delivery Robot Market Dynamics
Drivers
E-Commerce Growth
- The global delivery robot market is mostly driven by the e-commerce industry's explosive growth. The increasing popularity of online shopping has led to a growing demand for effective logistics and delivery solutions. With faster, possibly 24-hour delivery services, delivery robots improve customer satisfaction by relieving the burden on traditional delivery services and providing a scalable and affordable alternative to address the growing volume of deliveries.
Technological Advancement
- Technology advancements, especially in robotics, artificial intelligence, and navigation systems, are a major factor in the growing popularity of delivery robots. Robots can now safely and effectively navigate intricate urban areas, deal with impediments, and plan the best routes for deliveries thanks to these technologies. These robots are becoming more capable and dependable as technology advances, which encourages a wider deployment in industries beyond retail, such as food services and pharmaceuticals.
Restraints
Safety and Regulatory Issues
- The strict regulatory environment governing the use of autonomous robots in public areas is one of the major obstacles facing the worldwide delivery robots' market. Regulatory problems arise from safety concerns regarding interactions with pedestrians, traffic, and urban areas. The adoption and scalability of delivery robots may be delayed by differences in the preparedness and speed of governments to update laws to incorporate new technologies.
Expensive Initial Outlay
- The enormous upfront costs involved in creating and using delivery robots represent another significant barrier. Advanced robotics, software, and sensor costs can be unaffordable for many firms, particularly small and medium-sized ones. The initial investment in delivery robots is generally accompanied by continuous expenses for upkeep, upgrades, and necessary adjustments to comply with evolving rules. Consequently, this presents a noteworthy obstacle to market entry and growth.
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Global Delivery Robot Market Competitive Landscape
Large market players are heavily investing in R&D to expand their product lines, which will spur further growth in the delivery robot's market. In order to expand their global presence, market players are also implementing a variety of strategic measures, including the introduction of new products, signing contracts, merging with other companies, investing more, and working together. One of the primary business strategies used by manufacturers in the global Delivery Robots market to assist clients and grow the market sector is manufacturing locally to reduce operational costs. By supporting R&D projects, major participants in the delivery robot's industry, such as Amazon Robotics, Robby Technologies, Teleretail, BoxBot, and others, are trying to boost market demand.
Top Player’s Company Profiles
- Boston Dynamics (US)
- Savioke (US)
- Teleretail (Switzerland)
- Robby Technologies (US)
- Starship Technologies (US)
- Dispatch (US)
- Nuro (US)
- Amazon Robotics (US)
- Robomart (US)
- Eliport (Spain)
- Panasonic (Japan)
- Nuro (US)
- Marble (US)
- Piaggio Fast Forward (US)
- BoxBot (US)
Recent Developments
- In December 2022, Hyundai Motor Group launched a test project to use autonomous robots for delivery services in the hotel industry. With a load bearing capacity of up to 10 kg, the goods are outfitted with LIDAR and camera solutions, making it simple to identify objects and facilitating safer distribution to customers in the hotels.
- In March 2022, A last-mile robotics start-up called Neubility intended to introduce 400 new autonomous robots without the need for lidar. Along with delivery robot models, the company also planned to produce a new line of security robots.
- In March 2022, JD.Com Inc.'s subsidiary JD Logistics created new robots that can carry more than 100 kg. After a single charge, these robots can cover up to 80 or 90 km. They are mostly used for heavy-weight goods transportation and mile distribution.
Global Delivery Robot Key Market Trends
- Transforming the Last Mile with Advanced AI and Autonomous Technology: The delivery robot market is now expanding due to trends indicating how internet purchasing and logistics are evolving. A significant advancement is the increased focus on intelligent and self-driving technologies. Delivery robots can now operate using contemporary sensors and computer learning techniques. This enables them to navigate through dense urban areas without running over objects or missing deliveries. This modification not only improves the efficiency of the last delivery phase but also contributes to the overall safety and dependability of deliveries.
- Customizable Delivery Robots: Nowadays, companies can choose or create their own delivery robots based on their needs. This might be used to transport packages, send meals, or provide medical supplies. This adaptability enables businesses to adjust their robotic groups to meet market demands. It contributes to a distribution system that is quicker and more adaptable. The urge to be ecologically conscious is driving up demand for delivery robots.
Global Delivery Robot Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, Delivery robots are becoming more and more commonplace due to the rapid rise of e-commerce, robotics, and artificial intelligence. This is improving logistics by enabling safer and more effective route navigation, and it is also spreading the usage of delivery robots outside of retail into sectors like food services and pharmaceuticals. Delivery robot acceptance and scalability are severely hampered by strict safety rules and high startup costs. These obstacles are further compounded by continuous maintenance costs and the need to comply with changing legal requirements.
The market leaders for delivery robots are increasing their R&D spending and implementing strategic moves like collaborations, mergers, and local production to broaden their product offerings and increase their global footprint, which will eventually propel market expansion. The market for delivery robots is booming thanks to advancements in AI and autonomous technology, which improve last-mile delivery efficiency and safety. Customizable robots also enable businesses to respond to changing consumer needs and environmental concerns.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 5 billion |
| Market size value in 2031 | USD 29.80 billion |
| Growth Rate | 25% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Delivery Robot Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Delivery Robot Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Delivery Robot Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Delivery Robot Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Delivery Robot Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Delivery Robot Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Delivery Robot Market Report Snapshots
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