The delivery robots market is expected to grow from USD 11.9 million in 2018 to USD 34.0 million by 2024, at a CAGR of 19.15% during the forecast period. At present, the cost for each last-mile delivery is USD 1.60 via human drivers, which could be scaled down to USD 0.06 by utilizing autonomous delivery robots; hence, the reduction in the cost of last-mile deliveries is the key factor driving the growth of the delivery robots market. The increased venture funding is another factor driving the market growth.
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Key Questions Addressed in the Report
How big is the opportunity for AI within delivery robots? How integration of machine learning would help delivery robot OEMs to achieve complete automatization and to grasp this USD 50 billion opportunity?
Which are the top use cases for delivery robots OEMs where AI can be implemented to generate revenue streams through new markets such as postal and education industries?
How can onboard data computing and efficient parallel computing propel the delivery robots market to USD 50 billion opportunity by 2030? Which companies are front runners?
With the rise in demand for delivery robots from various end-user industries, what are the opportunities for players now and for those planning to enter various stages of the value chain?
Delivery robot manufacturers have been partnering with various food chain and e-commerce companies, how will this impact the growth rate of the delivery robots market and who will have the undue advantage?
This report categorizes the delivery robots market based on load carrying capacity, number of wheels, component, speed limit, end-user industry, and region.
Delivery Robots Market, by Load Carrying Capacity:
Up to 10.00 kg
More than 50.00 kg
Delivery Robots Market, by Number of Wheels:
Delivery Robots Market, by Component:
Chassis and Motors
Others (Wires, Batteries, Drive Wheels, and Relays)
Delivery Robots Market, by Speed Limit:
Up to 3 kph
3 kph to 6 kph
Higher than 6 kph
Delivery Robots Market, by End-User Industry:
Food & Beverages
Others (Hospitality and Education)
Delivery Robots Market, by Region:
Rest of Europe
Rest of APAC
Middle East & Africa
North America to hold a major share of the delivery robots market in 2018
Increasing demand for delivery robots in the retail industry and growing labor charges for last-mile deliveries, drive the delivery robots market growth in North America. Owing to various research programs supported by the government of North American countries, North America is expected to hold the largest share of the delivery robots market in 2018. It has invested millions of dollars in robotics research projects, most of which are defense-related projects. North America has been home to many delivery robot manufacturing companies, such as Robby Technologies (US) and BoxBot (US). Sophisticated and adequate street infrastructure, such as proper design and sufficient width of sidewalks and footpaths, helps companies in testing and operating delivery robots in this region.
Major players in the delivery robots market include Starship Technologies (US), JD.com (China), Panasonic System Solutions Asia Pacific (Singapore), Savioke (US), Nuro (US), Amazon Robotics (US), Robby Technologies (US), Boston Dynamics (US), Robomart (US), Eliport (Spain), Dispatch (US), Piaggio Fast Forward (US), Marble (US), TeleRetail (Switzerland), BoxBot (US), and Kiwi Campus (US).
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