Several things in the market help deliver robots grow and change. This makes it a changing part of logistics for moving goods online. E-commerce activities are growing very fast and they are a big reason for market growth. More and more people are shopping online, so there is a big need for quick delivery to the last stop.
Delivery robots can move around cities fast and bring packages quickly. They help businesses improve the way they send things out, which is important for staying ahead in online shopping world where competition is tough. Technology improvements are a key market factor, changing the abilities and features of delivery robots.
As robotics, artificial intelligence and sensor tech keep getting better, delivery robots are becoming smarter too. Big sensors help with accurate travel, making sure safe and good deliveries happen in many places. Machines learn from artificial intelligence which make their choices better. This helps robots adjust to new situations and improve ways they deliver things.
These computer parts help make delivery robots work better and do their job well. This makes them more attractive to businesses that want newfangled technology solutions. The market cares a lot about saving money, and delivery robots can help lower costs. This makes them an attractive choice for businesses. By using machines to do the final step of delivering goods, companies can make their shipping work more efficient.
This cuts down on manual labor and cost related to it. The cost to start using robots can be big but in the long run, businesses save money on workers and get better at doing things. This makes delivery robots a smart choice for companies who want more profits or stay ahead of others selling stuff. The rules and regulations are very important for how the delivery robots market grows or changes.
Rules and policies made by the government affect how self-driving robots are used in open places. Finding the right mix of new ideas and safety, rules make guidelines for how delivery bots are made, tested and used. As government rules change with the growth of self-driving technology, following set laws becomes very important to businesses. This affects how fast and far they use this new tech in their market activities.
Report Attribute/Metric | Details |
---|---|
Market Size Value In 2022 | USD 04 Billion |
Market Size Value In 2023 | USD 14 Billion |
Growth Rate | 25.00% (2023-2030) |
Delivery Robots Market Size was valued at USD 4 Billion in 2022 and is projected to grow from USD 14 Billion in 2023 to USD 30 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 25.00% during the forecast period (2024 - 2032). Increasing demand for delivery robots in various retail industries like the food and beverages industry, postal services, healthcare, and pharmaceutical industries creates more demand are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The growth of the e-commerce market worldwide has been a major factor driving the growth of the delivery robots market. With the rise of online shopping, there has been an increasing demand for faster and more efficient delivery services, which has led to the development of delivery robots. Delivery robots can be used for the last-mile delivery of packages, food, and other goods.
They offer several advantages over traditional delivery methods, including lower costs, increased efficiency, and improved safety. Delivery robots can also be used to deliver goods in areas that are difficult to reach by human delivery personnel, such as high-density urban areas or remote locations.
Furthermore, the increasing demand for contactless delivery solutions due to the COVID-19 pandemic has also fueled the growth of the delivery robots market. As people become more concerned about their health and safety, delivery robots offer a convenient and contactless delivery solution that minimizes human interaction.
Overall, the increasing growth of the e-commerce market and the increasing demand for faster and more efficient delivery services are driving the growth of the delivery robots market. The market is expected to continue growing in the coming years as more businesses adopt delivery robots to meet the growing demand for contactless delivery solutions. Therefore, such factors related to Delivery Robots have enhanced the Delivery Robots market CAGR across the globe in recent years.
The Delivery Robots market segmentation, based on components, includes Hardware, Software, and Services. The hardware segment held the majority share in 2022 of the Delivery Robots market revenue. The hardware segment is expected to have the largest share in the Delivery Robots market, due to the increasing demand for delivery robots and the need for robust and reliable hardware components. The hardware segment includes components such as robots, sensors, cameras, and other necessary components for the delivery robots to operate effectively.
The Delivery Robots market segmentation, based on type, includes Fully Autonomous, Semi-Autonomous. The Fully Autonomous segment held the majority share in 2022. The fully autonomous segment is expected to have the largest share in the Delivery Robots market, due to the increasing demand for contactless and efficient delivery solutions.
Fully autonomous delivery robots are equipped with advanced technologies such as machine learning, computer vision, and autonomous navigation systems that allow them to operate without human intervention. These robots can perform deliveries on their own, which reduces the need for human involvement and increases the efficiency of the delivery process.
Based on load capacity, the Delivery Robots market segmentation includes up to 10kg, 10.01-50kg, and more than 50kg. The Upto 10kg segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2023-2030. Delivery robots with a load capacity of up to 10kg are most commonly used for the last-mile delivery of small packages, food, and other light goods.
They are relatively small in size, lightweight, and easy to maneuver, making them ideal for navigating through crowded urban areas. These all factors for Delivery Robots positively impact market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Delivery Robots market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Delivery Robots industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Delivery Robots. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their global presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Delivery Robots industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the global Delivery Robots industry to benefit customers and expand the market sector. Major Delivery Robots market players, including Amazon Robotics, Robby Technologies, Robomart, Boston Dynamics, Eliport, Starship Technologies, Panasonic, Jd.Com, Nuro, Savioke, Marble, Dispatch, Piaggio Fast Forward, Teleretail and BoxBot, and others, are attempting to increase market demand by funding R&D initiatives.
Amazon Robotics, formerly known as Kiva Systems, is a subsidiary of Amazon.com that specializes in the development and manufacture of advanced robotic systems for use in fulfillment centers. Amazon Robotics provides a range of robotic solutions for automating the order fulfillment process in e-commerce and retail operations. Its robots are designed to work in concert with human workers to pick, sort, and package items for delivery to customers. The company's robots are characterized by their ability to navigate autonomously within fulfillment centers, avoiding obstacles and collaborating with workers to get the job done efficiently.
Robby Technologies is an American robotics company that specializes in the development and manufacture of autonomous delivery robots. Robby Technologies develops robots that are designed to make last-mile deliveries, providing a convenient and efficient solution for businesses and consumers alike. The company's robots are capable of navigating autonomously on sidewalks and roads and delivering packages directly to customers' doors. Robby Technologies' robots are equipped with advanced sensors, cameras, and software, allowing them to safely and effectively navigate their environment and avoid obstacles.
July 2023: Kollmorgen, a global leader in motion control systems, introduced Kollmorgen Express Delivery. This marks products with high demand in motion — including top-requested configuration and option types — that can be delivered by Kollmorgen more quickly than usual. Throughout the years, machine builders have benefited from having many standard product configurations, features, and options available through Kollmorgen. This extensive portfolio is designed to meet the needs of a wide range of industries and applications; however, it can make fast delivery difficult when materials are scarce. Now, customers can configure a servo system with specific AKM motors and matching cables along with AKD2G drives in as few as six weeks delivery time under Express Delivery. For those only needing an AKM motor, delivery times are as short as four weeks.
Uber will team up with Mitsubishi Electric and autonomous robotics startup Cartken to bring self-driving sidewalk robots to Japan in February 2024 to deliver food to their customers. The Uber Eats app will enable users to access the service, which is slated for launch by the end of March in a specified zone within Tokyo whose operating schedule will be disclosed closer to its start date. In Fairfax, Virginia, and Miami, Uber partnered with Cartken on delivery services in 2019. The former Google engineers who made Bookbot then brought it over internationally under this new agreement that includes Mitsubishi Electric for operations oversight throughout Tokyo.
Global mobility technology company Magna has agreed to produce Cartken’s autonomous delivery robot fleet so as to satisfy increasing demands for last-mile deliveries, according to an announcement made jointly by both companies based out of San Francisco in September 2022. A Magna facility located in Michigan has already started manufacturing Cartken’s Model C. Production capabilities are predicted to grow over the next several months while further autonomous delivery models based on the same platform but designed for various use cases alongside robot-as-a-service business models will be added into the mix as this collaboration expands.
Ottonomy launched autonomous delivery robots at Cincinnati/Northern Kentucky, Rome Fiumicino International Airport and Pittsburgh in January 2023. The Posten Norge company, located in Oslo, Norway uses Ottonomy robots for automating first-mile and last-mile deliveries. Besides, Goggo of Madrid, Spain, also employs Ottonomy robots to automate first-mile and last-mile deliveries.
Also, Canada and Saudi Arabia are working with industry partners while more are to be launched by 2023 across Europe, the USA as well as Asia.
GrubHub, a leading marketplace for food ordering and delivery, and Starship Technologies, the pioneer provider of self-governing transportation systems, have announced their alliance to roll out robot deliveries targeting university campuses in America by October 2022.
Magna International Mobility Technology Company and Cartken, a San Francisco-based Autonomous Robotics firm, signed an agreement in September 2022 where Magna will manufacture Cartken's autonomous delivery robot fleet in response to increasing demand for last-mile distribution.
Uber Eats launched two autonomous delivery pilots in Los Angeles during May 2022 that involve collaborations with Serve Robotics–a robotic sidewalk delivery start-up–and Motional-An autonomous car technology firm.
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