Overview

Delivery Robots Market Introduction

Delivery robots market is estimated to value over US$ 40 Million by 2027 end and register a CAGR of over 20% from 2020 to 2027.
Delivery robots were programmed to deliver grocery, couriers and heavy parcels. These robots are economical and effective. Increasing investments and affordable cost of last mile delivery by utilizing robots are driving the growth of the market.

The market is bifurcated on load carrying capacity, a number of wheels, components and end users. Based on load carrying capacity, the market is segmented into more than 50kg, up to 10 kg and 10-50kg. The rapid expansion of the retail industry especially e-commerce sites like Amazon, Walmart and Alibaba have led to more demand for the delivery robot of load carrying capacity of more than 50kg. They were helpful in delivering heavy parcels. The markets on the basis of wheels are divided into 4 wheels, 5 wheels, and 6 wheels.

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. 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 end users of the market are retail and food & beverages industries.

Increase of e-commerce and online retail has spurred the size of the market. Increasing trade and technological advancement have stimulated the growth of the market. The fact that it carries heavy parcels and assures product safety has further fueled the growth of the market. Deployment of these robots also helps in providing utmost service with reduced cost.
In terms of region, North America holds the majority of the share of the market. Presence of prominent players and government’s support for research and development programs has stimulated the growth of the market in the region. The Asia-Pacific region is expected to dominate the market in the coming years. The region has seen a rapid expansion of e-commerce sites like Alibaba, Walmart, and Amazon. The presence of these e-commerce sites has further opened new growth prospects of the market in Asia-Pacific.

Established players of the market are:

JD.com, Starship Technologies, Panasonic System Solutions, Amazon Robotics, Robby Technologies, Dispatch, Piaggio Fast Forward, Marble, Box Bot, Boston Dynamics, TeleRetail, Kiwi Campus, Eliport, Savioke, Robomart, and Nuro.

delivery robots market

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
• Hardware
• GPS
• Cameras
• Radar
• Chasis and Motors
• Software
• Others

By Number of Wheels
• 3 wheels
• 4 wheels
• 6 wheels

By Speed Limit

• Upto 3 kph
• 3 kph to 6 kph
• Higher than 6 kph

By End User Industry
• Retail
• Food & Beverages
• Healthcare
• Postal
• Others

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 the 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