PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1401879
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1401879
According to Stratistics MRC, the Global Restaurant Delivery Robot Market is accounted for $14.5 billion in 2023 and is expected to reach $73.5 billion by 2030 growing at a CAGR of 26.1% during the forecast period. Robots that are either fully or partially autonomous are used to deliver food orders from restaurants to consumers' locations. They are a part of the expanding movement in the food service sector to use automation and robots to improve customer experiences and expedite delivery processes. With the help of cutting-edge sensors, cameras, LiDAR, GPS, and mapping technologies, these robots can travel across sidewalks, streets, and pedestrian zones on their own and arrive at their destination.
According to the E-commerce Foundation, North America has the world's highest social network penetration rate, driving its e-commerce industry. Despite reducing labor costs, installing delivery robots also helps hospitality establishments gain popularity on social networks, helping them improve their RevPAR.
Rising demand for contactless delivery
The deployment of restaurant delivery robots has raised due to the desire for contactless delivery alternatives, particularly during and after the COVID-19 epidemic. Delivery robots are a practical way for restaurants to address this demand for contactless delivery services thus customers are placing a higher priority on cleanliness and safety in all of their interactions, including when ordering takeout. Moreover, the demand for restaurant delivery robots is driven by consumers looking for safer options, who are drawn to the convenience of contactless delivery by robots.
Overwhelming infrastructure and exorbitant costs
The storage and consumption of power provide several obstacles for autonomous delivery, which are anticipated to impede the advancement of autonomous goods' technological and operational capabilities. Furthermore, every product's adoption involves operational difficulties and complications. As a result, human interaction is crucial to corporate processes, and the deceleration in the expansion of logistic infrastructure due to ongoing conflicts in several countries and the slowdown in global economic development is pressuring companies to reduce expenses in order to remain in operation, which is hindering the expansion of the industry.
Increased urbanization and delivery demands
Urban locations frequently have last-mile delivery issues, such as traffic jams and trouble maneuvering through congested, pedestrian-heavy streets. By skilfully navigating through urban surroundings, restaurant delivery robots provide a solution to these problems and more effectively meet delivery requests. Restaurant delivery reach is increased by robots' ability to traverse cities and the potential consumer base for restaurants utilizing these robots is increased since they can reach places that would be difficult for standard delivery methods to access. These robots fulfil the increasing need for efficient delivery services, handle issues specific to cities, and provide a scalable and dependable solution to suit the changing demands of both restaurants and urban consumers.
Technological limitations
Delivery robots may function less well or be less reliable due to technological constraints like software bugs, navigation problems, or inaccurate sensor readings. Errors or failures might make it more difficult for the robot to deliver goods precisely and effectively. Technology limitations may restrict the flexibility and adaptability of delivery robots. Their operating skills may be limited as a result of their inability to effectively manage unanticipated hurdles, navigate complicated surroundings, or handle a variety of terrains.
Automation and robots have become more widely used throughout sectors as a result of the epidemic and there has been a surge in interest in the use of delivery robots to reduce the number of human interactions during food delivery as restaurants look for creative ways to adjust to shifting customer preferences and safety regulations. In the food service sector, safety and cleanliness have become critical. As a way to comply with health and safety regulations put in place during the pandemic, delivery robots provided a food supply chain solution that decreased human-to-human interaction.
The software segment is expected to be the largest during the forecast period
The software segment is estimated to have a lucrative growth, because robots are more reliable and efficient when they can navigate complicated areas, avoid obstacles, and select the best delivery routes thanks to advanced algorithms and mapping software. For software to integrate seamlessly with restaurant systems, including order management platforms, point of sale (POS) systems, and kitchen management software, integration capabilities are essential. Integration makes it possible for the robot, kitchen employees, and order fulfilment procedures to work together seamlessly.
The healthcare segment is expected to have the highest CAGR during the forecast period
The healthcare segment is anticipated to witness the highest CAGR growth during the forecast period, because the healthcare industry places a strong focus on efficiency, hygienic practices, and precision, it frequently leads in the adoption of new technology. The general state of the economy can be impacted by changes in healthcare spending, healthcare regulations, or changes in consumer spending on healthcare. These modifications may have an indirect effect on consumer purchasing patterns, which may have an impact on the uptake and cost of technology such as robots that deliver food.
Asia Pacific is projected to hold the largest market share during the forecast period owing to the adoption of cutting-edge technology. Advanced robotics, artificial intelligence, and sensor technologies were being actively developed by businesses in China, Japan, South Korea, and Singapore for restaurant delivery robots, enabling more autonomous and efficient operations. Partnerships and pilot projects targeted at testing and implementing restaurant delivery robots in Asia Pacific countries resulted from collaboration between food delivery platforms, restaurants, technology businesses, and robotics startups. Moreover competition amongst different organizations and startups in the Asia Pacific restaurant delivery robot sector drove innovation and the development of new features and capabilities in these robotic systems.
Europe is projected to have the highest CAGR over the forecast period, owing to increase productivity and satisfy changing customer demands for convenience, the European food and beverage sector, which includes quick-service restaurants and other outlets, has been implementing automation on a larger scale. The creation of sophisticated restaurant delivery robots that can navigate through pedestrian areas and traffic, assuring safe and precise deliveries, was made possible by advancements in robotics, artificial intelligence (AI), sensor technologies, and navigation systems which boost the growth of the market.
Some of the key players profiled in the Restaurant Delivery Robot Market include Bear Robotic, Amazon Robotics, Cleveron, Boston Dynamics, Cyan Robotics, Miso Robotics, Relay Robotics, Robby Technologies, Starship Technologies, Xrobotics, Robomart Inc, Dexai Robotics, Eliport, Kitchen Robotics and Creator
In October 2023, Amazon announces 2 new ways it's using robots to assist employees and deliver for customers. The new robotic solutions, Sequoia and Digit, will support workplace safety and help Amazon deliver to customers faster.
In June 2023, Cleveron Releases the Cleveron 354, a Robotic Outdoor Parcel Locker, Cleveron's aim is to the disrupts the last-mile market with a grid-independent parcel solution with a mission to reduce 70% in CO2 emissions across the entire last-mile sector.
In June 2023, RobotLAB, a robotics integrator, is partnering with automation and robotics innovator Bear Robotics to expand the availability of the Servi and Servi Plus robots in the restaurant and hospitality spaces.
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.