According to the new market research report "Delivery Robots Market
by Load Carrying Capacity (Up to 10, 10.01-50.00, and More than 50 kg),
Component (LiDAR Sensors, Control Systems), Number of Wheels (3, 4, and
6), End-User Industry (Food & Beverages, Retail), and Geography -
Global Forecast 2024", 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. Autonomous delivery robots
are primarily useful for food & beverages, retail, hospitality, and
healthcare industries. Owing to this, the companies developing delivery
robots have been receiving funding from venture firms. Another driver
for the delivery robots market includes the reduction in last-mile
delivery costs.
Robots with a load carrying capacity of up to 10.00
kg are mainly adopted by local restaurants for the delivery of food
parcels and beverages to consumers. As these robots weigh around 25 kg,
they are capable of carrying limited weight and adopted to deliver
products in a shorter range. The existing challenge of traffic
congestion that restricts the easy movement of autonomous vehicles puts
limitations on the dimensions of robots. Hence, the growth of the market
for delivery robots with a load carrying capacity of up to 10.00 kg is
driven by their small form factor.
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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