Market Overview:
The Delivery Robots Market size is estimated to reach $2.2 Billion by 2030, growing at a CAGR of 25% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Delivery Robots Market – By Component (Hardware, Software), By Load Carrying Capacity (Upto 5kg, 5-10kg, 10-20kg, 20-40kg, 40-60kg, Above 60kg), By Number of Wheels (3 wheels, 4 wheels, 6 wheels), By End User (Food & beverage, Healthcare, Retail, Electronics, Postal, Logistics, and Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”
Expansion in last-mile delivery for e-commerce and Growth in healthcare & food delivery applications are expected to create growth opportunities in the market during forecast period.
North America Dominated the Market in 2023:
North America accounted for the largest share of 44% of the Delivery Robots Market in 2023 followed by Europe and APAC. For instance, Students and teachers at New Mexico State University, Loyola Marymount University, and Gonzaga University should be able to order fresh meals from Sodexo-served venues on campus starting this month. One of the primary factors driving the growth of the Delivery Robots Market during the forecast period is the increasing investment in technological development for delivery robots in the United States.
Delivery Robots Market: Key Takeaways
Expansion Fueled by Logistics and Labor Demand:
The delivery robots market is rapidly expanding due to the need for more efficient logistics solutions, particularly within e-commerce and retail. As businesses face increasing labor costs and a demand for scalable delivery methods, delivery robots provide a cost-effective alternative to human labor. Their ability to handle repetitive delivery tasks in urban and controlled environments reduces logistical bottlenecks, making them an attractive option for companies looking to optimize last-mile delivery. Furthermore, by enabling 24/7 operation, these robots help retailers and service providers meet high delivery expectations while enhancing operational efficiency.
Technological Advancements and Broader Applications:
Innovations in AI and robotics have expanded the capabilities of delivery robots, enabling them to navigate complex routes and handle a range of deliveries, including food, healthcare supplies, and retail products. These advancements are facilitating their adoption across sectors like healthcare, where hospitals benefit from robots delivering medical supplies within facilities, and the food industry, which can ensure safe, contactless delivery. This growing versatility not only supports various applications but also broadens the market's potential by making robots viable in more specialized and essential roles.
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Scope of the Report:
Recent Developments:
- In September 2023, Starship Technologies Launches Robot Delivery Service on Campus. Starship’s fleet of autonomous, on-demand robots will deliver from eight campus eateries: Chick-fil-A, Panda Express, Pastabilities, Starbucks, Steak n Shake, Subway, Taco Sabroso and The Brisket Burger Co.
- In May 2022, Uber Technologies Inc launched pilot food delivery services with autonomous vehicles in two California cities, and said it was adding electric vehicle charging stations into its global driver app.
Delivery Robots Market: Competitive Landscape
Key companies profiled in the Delivery Robots Market are Nuro Inc, Starship Technologies, Aethon, Teleretail, Kiwi Campus, NineBot, Anybotics, Uber Technologies, Inc., Segway Robotics, Amazon Robotics, and Others.
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