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The Autonomous Delivery Robots Market Size is valued at USD 1.11 Billion in 2023 and is predicted to reach USD 19.0 Billion by the year 2031 at a 42.73 % CAGR during the forecast period for 2024-2031.
Autonomous delivery robots offer last-mile delivery services. Autonomous delivery systems are expected to prevent such harmful environmental effects by lowering carbon emissions in the atmosphere. Several laws are being passed to combat global warming and safeguard the environment; as a result, the market is seeing an increase in demand for ADR. The main reason driving the market's expansion is the increasing use of autonomous delivery vehicles due to their effectiveness. The advantages of autonomous delivery robots (ADRs) for e-commerce, ongoing innovation in the online retail sector through the adoption of cutting-edge technologies to lower the cost of last-mile distribution, and the demand for contactless delivery will drive market growth over the forecast period.
Furthermore, the market for autonomous delivery robots has tremendous potential due to rising consumer expectations for quicker and more convenient deliveries. E-commerce and package delivery are both proliferating, and many startups have already started experimenting with using them to deliver packages and groceries to customers. They are also getting better at performing harder-to-automate tasks previously.
The rising affordability and return on investment of an expanding variety of infrastructure-light robots, together with enduring demands for flexible and effective automated fulfillment, are the major factors driving the increased adoption of ADR. The expanding market for delivery robots on a worldwide scale. Additionally, the high cost associated with producing these delivery robots' limits market expansion on a global scale because many developing nations cannot afford it. The development needs to be improved by a need for more awareness and an absence of these robots in some countries.
Market Segmentation:
The autonomous delivery robots' market is segmented as end-use. Based on end-use, the autonomous delivery robots market is segmented into healthcare, hospitality, retail & logistics.
The Healthcare Segment Witnessed Growth At A Rapid Rate.
Healthcare grabbed the highest revenue share, and it is anticipated that it will continue to hold that position during the anticipated time. One of the most sophisticated uses for autonomous delivery robots is in the healthcare industry. Autonomous delivery robots used in healthcare applications, as opposed to outside delivery robots, must consider some additional factors, including sanitary considerations, low noise motors, and smoother navigation than standard deliveries. The non-human workforce at Millennium Hotels & Resorts is about to grow. The idea of automation and self-service is now playing a crucial role in the customer experience, which is one of the reasons why robots have become a prominent technology trend in the hospitality business. The usage of robots can result in advancements in accuracy, speed, and even cost-effectiveness.
The North American Autonomous Delivery Robots Market Holds A Significant Regional Revenue Share.
The North American autonomous delivery robots' market is expected to register the highest market share in revenue. Many cutting-edge startups are located here, and there is a strong emphasis on precision manufacturing to promote the development of autonomous delivery robots. Additionally, the region is home to important ancillary businesses that assist the expansion of the primary market. Furthermore, a high CAGR is anticipated in the global market for Asia Pacific. The industry is expected to develop due to the increasing use of autonomous delivery robots. Numerous participants in the retail and hotel industries are also working together, intending to experience the prototypes firsthand. As a result, the region's market for autonomous delivery robots will profit.
Competitive Landscape
Some Of The Key Players In The Autonomous Delivery Robots Market:
- Starship Technologies,
- Marble Robot Inc.,
- Tele Retail,
- Postmates Inc.,
- Robby Technologies,
- Robocar Inc.,
- Kibibit,
- Dual Inc.,
- Savio Inc.,
- Segway Robotics Inc.,
- Noro Inc.,
- Clever on AS,
- Heliport,
- Anionics AG,
- Box Bot Inc.,
- Noelia,
- Efference and Anthon Inc.
The Autonomous Delivery Robots Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2023 |
USD 1.11 Billion |
|
Revenue Forecast In 2031 |
USD 19.0 Billion |
|
Growth Rate CAGR |
CAGR of 42.73 % from 2024 to 2031 |
|
Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2024 to 2031 |
|
Historic Year |
2019 to 2023 |
|
Forecast Year |
2024-2031 |
|
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
|
Segments Covered |
By End-User |
|
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
|
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
|
Competitive Landscape |
Starship Technologies, Marble Robot Inc., Tele Retail, Postmates Inc., Robby Technologies, Robocar Inc., Kibibit, Dual Inc., Savio Inc., Segway Robotics Inc., Noro Inc., Clever on AS, Heliport, Anionics AG, Box Bot Inc., Noelia, Efference and Anthon Inc. |
|
Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
|
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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