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Delivery Robot Market – Industry Dynamics, Market Size, Opportunity Analysis, and Forecast to 2027

Global Delivery Robot Market By Hardware- (GPS, Camera, Radars, Ultrasonic/LiDAR Sensors, Control Systems, Chassis and Motors, Batteries, others (Wires, Drive Wheels, and Relays)); By Software (Robotic Operating System, Cyber Security Solutions); By Services (Integration Maintenance and Support, Consulting and Training); By Robot Type- (2 wheel, 3 wheel, 4 wheel); By Operations- (Autonomous, Remote Operated); By Payload- (<0.5 Kgs, 0.5-2Kgs, 2-10 Kgs, 10-50 Kgs, 50-100 Kgs, >100 Kgs); By Application- (Food Delivery, Cargo and Parcel Delivery, Medical Delivery, Postal Delivery, Emergency Response and Search and Rescue); By Industry- (Retail, E-commerce, Hospitality, Healthcare, Logistics, Postal Services and others); By Region – (Asia Pacific, North America, South America, Europe and MEA) – Industry Dynamics, Market Size, and Opportunity Forecast to 2027

  • Published On: 28-Jul-2021  |  Format: pdfpowerpointexcel  |  Report ID: AA0721083
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Delivery Robot Market

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FREQUENTLY ASKED QUESTIONS

Delivery robots work autonomously and are mainly utilized for delivery and service applications. Their applications and adoption can be seen in many industries including healthcare​, hospitality​, retail, and logistics. These robots are equipped with sensors to analyze the geometric and physical properties of objects in its surroundings.

This report provides analysis of global market for Delivery Robot for the period 2017 to 2027, wherein 2017-2019 represent historic data, 2020 has been considered as base year and is on actuals. 2021 has been estimated for recent concluded quarter, while 2021-2027 are forecast values, reflecting impact of different factors on the growth trend.

Delivery Robots Market was valued at USD 13.6 Million in 2020 and is projected to reach USD 356.6 Million by 2027, growing at a CAGR of 17.7% from 2021 to 2027.

Adoption of AI and machine learning, reduction in the overall cost of last-mile deliveries and favorable government regulations regarding environmental emission are some factors which contribute towards the growth of the market.

The factors like climatic uncertainties and huge initial investment somewhat impede the growth of market.

Middle East and Africa (MEA) region is growing at the highest CAGR over the forecast period 2021-2027

Americas has the largest share of more than 50 per cent in 2020.

The report covers the following segments; component, robot type, operations, payload, application and industry.

The various payload range covered in the report are <0.5kg, 0.5-2kg, 2-10kg, 10-50kg, 50-100kg and more than 100kg.

Pudu Tech, Savioke, Starship Technologies, Woowa Brothers Corp, Aethon and Nuro are the major companies operating in the Delivery Robot Market.

The key strategies adopted by market players include: collaborations, partnerships & alliances, supply chain capabilities growth, growth in international operations and new product development.

The COVID-19 pandemic of 2020 creates an entirely new and intriguing dynamic for delivery robots. The delivery robots present a flawless non-human delivery system, with large numbers of people entering lockdown at different times. As a result, COVID-19 hastens the deployment of current robots. However, the pandemic is significantly impacting the industry supply chains and manufacturing capacity, delaying new product launches.