PUBLISHER: The Business Research Company | PRODUCT CODE: 1596991
PUBLISHER: The Business Research Company | PRODUCT CODE: 1596991
Autonomous delivery robots are machines that operate independently to transport items from one place to another without the need for human assistance. They utilize a mix of sensors, cameras, GPS technology, and sophisticated algorithms to navigate their surroundings and avoid obstacles, typically functioning on sidewalks or specific pathways. These robots are employed to deliver various items such as packages, groceries, and meals, with the goal of enhancing efficiency and minimizing the reliance on human labor for deliveries.
The primary categories of products within autonomous delivery robots are fully autonomous and semi-autonomous. Fully autonomous robots function independently to carry out delivery tasks, leveraging advanced technology and artificial intelligence. These robots consist of various hardware and software components and are designed to handle different payload capacities, including light (up to 5 kg), medium (5 kg to 20 kg), and heavy (over 20 kg) loads. They serve a diverse array of end-users across sectors such as healthcare, hospitality, retail, logistics, e-commerce, and food and beverages.
The autonomous delivery robots market research report is one of a series of new reports from The Business Research Company that provides autonomous delivery robots market statistics, including autonomous delivery robots industry global market size, regional shares, competitors with an autonomous delivery robots market share, detailed autonomous delivery robots market segments, market trends and opportunities, and any further data you may need to thrive in the autonomous delivery robots industry. This autonomous delivery robots market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The autonomous delivery robots market size has grown exponentially in recent years. It will grow from $1.36 billion in 2023 to $.85 billion in 2024 at a compound annual growth rate (CAGR) of 35.8%. The growth during the historic period can be attributed to factors such as the expansion of e-commerce, labor shortages, a rising preference for contactless services among consumers, increased investment and funding, and heightened demand for contactless delivery options.
The autonomous delivery robots market size is expected to see exponential growth in the next few years. It will grow to $6.38 billion in 2028 at a compound annual growth rate (CAGR) of 36.2%. The growth in the forecast period can be attributed to factors such as increasing urbanization, the growing demand for efficient last-mile delivery solutions, regulatory support, infrastructure development, rising labor costs, and higher disposable incomes. Key trends expected during this period include innovations in autonomous delivery technologies, the integration of cutting-edge technologies, robots equipped with auto-navigation and autonomous decision-making capabilities, advancements in AI, and the incorporation of machine learning.
The growth of e-commerce is expected to drive the expansion of the autonomous delivery robots market. E-commerce involves the online purchase and sale of goods and services through various platforms and channels. The sector is expanding due to increasing internet accessibility, which broadens the reach of online shopping and enhances its convenience, allowing consumers to shop from anywhere at any time. Autonomous delivery robots support e-commerce by accelerating delivery times and reducing operational costs through efficient, automated doorstep deliveries. For example, in August 2024, the U.S. Census Bureau reported that U.S. retail e-commerce sales in the second quarter of 2024 reached an estimated $291.6 billion, reflecting a 1.3% increase from the first quarter and a 6.7% rise compared to the second quarter of 2023. Consequently, the growth of e-commerce is fueling the demand for autonomous delivery robots.
Leading companies in the autonomous delivery robot market are focusing on creating advanced technological solutions, such as next-generation self-driving robots, to improve delivery efficiency and meet changing consumer expectations. These next-generation robots incorporate state-of-the-art technology, enabling them to perform delivery tasks with greater precision and efficiency. For instance, in January 2022, Serve Robotics Inc., a U.S.-based developer of AI-powered delivery robots, introduced next-generation robots capable of achieving Level 4 autonomy, making it the first company to successfully complete commercial deliveries using autonomous vehicles. These robots can operate independently in designated areas, navigating busy city sidewalks and managing various urban challenges without human assistance. Equipped with safety technologies such as lidar, ultrasonic sensors, and cameras, they feature automatic emergency braking and collision avoidance to ensure safe navigation. Serve Robotics collaborated with technology partners such as NVIDIA and Ouster to enhance the robots' AI computing and sensing capabilities.
In September 2023, Rockwell Automation, a U.S. company specializing in digital transformation and industrial automation, acquired Clearpath Robotics Inc. for an undisclosed sum. This acquisition aims to strengthen Rockwell's industrial automation portfolio by incorporating autonomous mobile robots and advanced navigation technologies to improve material handling, optimize production logistics, and address labor shortages while enhancing operational efficiency. Clearpath Robotics Inc., based in Canada, develops self-driving vehicles and robots, including cost-effective autonomous delivery robots.
Major companies operating in the autonomous delivery robots market are Amazon Robotics LLC, JD.com Inc., Alibaba Group Holding Limited, Panasonic Holdings Corporation, Rakuten Mobile Inc, KEENON Robotics Co. Ltd, Nuro Inc., Kiwibot U, Pudu Robotics Inc, Aethon Inc., Segway Robotics Inc., SEER Robotics Group LLC, Ottonomy.IO Inc, Bear Robotics, Starship Technologies Ltd, Refraction AI Inc, Doozy Robotics, Aitonomi AG, Clevon Corp, DriveU.auto, Relay Robotics Inc., Serve Robotics Inc., TeleRetail AG
North America was the largest region in the autonomous delivery robots market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the autonomous delivery robots market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the autonomous delivery robots market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The autonomous delivery robots market consists of revenues earned by entities by providing services such as package delivery, food delivery, grocery delivery, postal services, and logistics support. The market value includes the value of related goods sold by the service provider or included within the service offering. The autonomous delivery robots market also includes sales of indoor delivery robots, package delivery robots, robotic fleets, and marble delivery robots. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Autonomous Delivery Robots Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on autonomous delivery robots market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for autonomous delivery robots ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The autonomous delivery robots market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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The impact of higher inflation in many countries and the resulting spike in interest rates.
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