The autonomous delivery robots market is estimated to be valued at US$ 575.2 Mn in 2024 and is expected to reach US$ 2,971.4 Mn by 2031, growing at a compound annual growth rate (CAGR) of 26.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 575.2 Mn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
26.40% |
2031 Value Projection: |
US$ 2,971.4 Mn |
Figure. Autonomous Delivery Robots Market Share (%), By Region, 2024
Autonomous delivery robots are self-driving robots that can transport goods between destinations without human help. With the rise in e-commerce, these robots are becoming increasingly useful in last-mile delivery applications to ensure timely and contactless delivery. The global pandemic has further accelerated the demand for such autonomous delivery solutions. The delivery robots use technologies like computer vision, sensors, GPS for navigation, and localization. They are aimed at reducing delivery costs, increasing operational efficiency, and providing a better customer experience.
Market Dynamics:
The autonomous delivery robots market is driven by the rising adoption of robots for last-mile delivery applications. The increasing demand for quick and fast delivery of goods amid the pandemic is boosting the market growth. However, high initial development and deployment costs can restrain the market growth. Technologies advancements in areas of Artificial Intelligence, sensors, and Internet of Things present lucrative opportunities. Ongoing investments by major companies for autonomous delivery solutions will also favor the market growth over the forecast period. Challenges around regulations, infrastructure readiness, and public acceptance remain key hurdles.
Key features of the study:
- This report provides an in-depth analysis of the global autonomous delivery robots market, and provides market size (USD Million) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global autonomous delivery robots market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Amazon Robotics, Robby Technologies, Robomart, Boston Dynamics, Eliport, Starship Technologies, Panasonic, Com, Nuro, Savioke, Marble, Dispatch, Piaggio Fast Forward, and Teleretail
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global autonomous delivery robots market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation-
- By Type
- Fully Autonomous
- Semi-Autonomous
- By Carrying Capacity
- Up To 10kgs
- 10.01 - 50kgs
- More than 50kgs
- By Number of Wheels
- 3 Wheels
- 4 Wheels
- 6 Wheels
- By Verticals
- Healthcare
- Food & Beverages
- Retail
- Logistics
- Others (Hospitality)
- By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Key Players
- Amazon Robotics
- Robby Technologies
- Robomart
- Boston Dynamics
- Eliport
- Starship Technologies
- Panasonic
- Com
- Nuro
- Savioke
- Marble
- Dispatch
- Piaggio Fast Forward
- Teleretail