Global Delivery Robots Market is Estimated to Value Over US$ 40 Million by 2026 End

  • 02 Jul 2019

Global Delivery Robots Market is estimated to value over US$ 40 Million by 2026 end and register a CAGR of over 20% from 2019 to 2026. 

Delivery robots ease in delivery and support in solving last-minute delivery concerns. Delivery robots have revolutionized delivery systems by offering an economical and efficient way of delivery. 
In terms of load carrying capacity, the market is segmented into more than 50kg, up to 10 kg and 10-50kg. The e-commerce industry is profoundly using delivery robots with a load carrying capacity of more than 50kg. It’s also used for delivering heavy parcels as well. The rapid increase of e-commerce in the retail industry remains a key factor which would drive the growth of the market in the coming years. 

The end users of the delivery robots market are food & beverage and retail industry. Food & Beverages industries hold the largest market share. Food & beverages industry is also heavily using robots with a load carrying capacity of more than 50kg to deliver groceries. On the basis of component, the market is segmented into control systems and LiDAR Sensors. LiDAR is likely to dominate the market in the coming years as it serves crucial parts of delivery robots. 

The market is further divided into 3 wheels, 4 wheels and 6 wheels. 4 wheel delivery robots are currently dominating the market owing to the capability of maintaining its balance. Most manufacturers produce 4 wheel delivery robots since they are efficient in rotating in-place. 6 wheel delivery robots are predicted to drive the growth of the market in the coming years.   
A gradual increase in the adoption of automation solutions in retail and food & beverages industries because of global export activity has resulted in more preference to robots which has boosted the growth of the market. The shortage of human workforce alongside technological advancements has complemented the growth of the market. 

In terms of region, North America holds the majority of the share of the market. Delivery robots are still at its early stages but the vast number of startups and manufacturers have invested in delivery robots which have boosted the growth of the market in the region. The Asia-Pacific region is expected to dominate the market in the coming years. Presence of e-commerce giants like Amazon and Walmart has boosted the growth of the market in the region. The governments of Japan and Australia are already in the testing stage of delivery robots. 

Established players of the market are JD.com, Boston Dynamics, TeleRetail, Kiwi Campus, Eliport, Savioke, Robomart and Nuro.

Global Delivery Robots Market Segmentation:
By Load Carrying Capacity

•    More than 50 kg up
•    Up to 10kg
•    10.01–50.00kg

By Component 
•    Control Systems
•    LiDAR Sensors

By Number of Wheels 
•    3
•    4
•    6

By End User Industry 
•    Retail
•    Food & Beverages

By Region: 
•    Europe  
•    North America  
•    APAC  
•    Latin America 
•    Rest of World  

Competitive Landscape:  
•    Tier 1 players- established companies in the market with a major market share  
•    Tier 2 players 
•    Emerging players which are growing rapidly 
•    New Entrants   

FutureWise Takeaways: 
•    Growth prospects  
•    SWOT analysis 
•    Key trends 
•    Key data points affecting market growth  

Objectives of the Study: 
•    To provide with an exhaustive analysis on delivery robots market based on the load carrying capacity, number of wheels, components, end users and region 
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) 
•    To evaluate and forecast micro-markets and the overall market  
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions 
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies  

 

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