The autonomous delivery robots offer the last mile delivery services. An operator can observe monitor and then take the control of the robot distinctly in in some particular situations that the robot cannot resolve itself for instance when it is stuck in a difficult situation. The delivery robots can be utilized in various settings like that of package delivery, food delivery, room services and healthcare delivery.
The autonomous delivery robots market was valued at US$ 0.52 Mn in 2021 and is forecast to reach a value of US$ 13.74 Mn by 2030 at a CAGR of 43.4% between 2022 and 2030.
Figure 1: Global Autonomous Delivery Robots Market Value (US$ Mn) Analysis and Forecast, 2017 - 2030
In November 2019, the Starship technologies declared the increase of its campus food delivery services at the Purdue University. It has collaborated with the regional or the local restaurants to provide the delivery of the food items and products along with drinks to a limited or the obstructed area of the Purdue University.
In August 2019, The Starship technology collaborated with the Sodexo, the food services organization, to offer food and the drinks to the students and the staff of the George Mason University from the fleet of the 30 autonomous delivery robots.
North America held dominant position in the Global Autonomous Delivery Robots Market in 2021, accounting for 42.0% share in terms of volume.
Figure 2: Global Autonomous Delivery Robots Market Share (%), By Region, 2021
Constant improvement in the online retail industry by adopting the latest technologies to reduce the cost of last-mile distribution is expected to fuel the market growth. Furthermore, the demand for contactless delivery is expected to drive the growth of global autonomous delivery robots market growth.
The growing consumer expectations for faster and frictionless deliveries have provided the attractive potential for autonomous delivery robots. This is expected to boost growth of the global autonomous delivery robots market.
|Base Year:||2021||Market Size in 2021:||US$ 0.52 Mn|
|Historical Data for:||2019 to 2020||Forecast Period:||2022 to 2030|
|Forecast Period 2022 to 2030 CAGR:||43.4%||2030 Value Projection:||US$ 13.74 Mn|
Starship Technologies, Marble Robot Inc., TeleRetail, Postmates Inc., Robby Technologies, Robomart Inc., Kiwibot, Udelv Inc., Savioke Inc., Segway Robotics Inc., Nuro Inc., Cleveron AS, Eliport, ANYbotics AG, Box Bot Inc., Neolix, Effidence and Aethon Inc
|Restraints & Challenges:||
Last-mile delivery and reverse logistics are expensive and complicated processes. So online retailers constantly innovate their procedures by adopting ADRs to meet customer needs and stay competitive. Therefore, the high cost of autonomous delivery robots is expected to hinder the growth of global autonomous delivery robots market.
Malfunctioning robots and weather issues are the main factors impeding the market’s growth. Malfunctioning robots may poses threat to human beings. This is expected to hinder the growth of the global autonomous delivery robots market.
Autonomous delivery robot companies start to offer their products on a rental basis. Several small-scale vendors start to pool their resources to benefit from a fleet of robots forcing the cost of delivery to as low as USD 1, even small-scale local vendors. The vendors are projected to benefit by this technology. This offers lucrative growth opportunities in the growth of global autonomous delivery robots market.
The high disposable income across developing countries and awareness among people for online shopping has created the demand for the products through an online platform. This has led to an increase in demand for autonomous delivery robots among start-ups and major players. This is expected to offer a lucrative opportunity for the growth of global autonomous delivery robots market.
Market Key Takeaways/Trends:
The booming e-commerce industry is expected to boost the autonomous delivery robots market. For instance, Amazon Prime has set a benchmark with a promise of same-day or next-day delivery. 72% of shoppers would shop more if the same-day delivery option is available. Delivery robots can carry out deliveries according to the requirements of consumers. This is expected to act as a key trend in the growth of global autonomous delivery robots market.
The growing focus on reducing carbon footprint is one of the trends in the market. Several governments have enforced strict regulations to reduce carbon emissions. As a result, many companies are looking for alternatives, such as autonomous vehicles (AVs), for transportation. ADRs can deliver products to consumers at their convenience, which reduces the number of delivery re-attempts and the associated emission levels. Hence, ADRs can reduce help reduce carbon emissions and are becoming a popular delivery alternative.
Major companies involved in the growth of the global autonomous delivery robots market are Starship Technologies, Marble Robot Inc., TeleRetail, Postmates Inc., Robby Technologies, Robomart Inc., Kiwibot, Udelv Inc., Savioke Inc., Segway Robotics Inc., Nuro Inc., Cleveron AS, Eliport, ANYbotics AG, Box Bot Inc., Neolix, Effidence and Aethon Inc
The delivery robots perform several tasks in the healthcare settings to decrease the cost of the functionality. The first set of the tasks are for food, specimens and the medicine deliveries. With various sensors the delivery robots can navigate the internal layout of the healthcare. They also have an electronic signal that could request an elevator ride to be capable of working in the multi-story buildings.
Many end-user companies are adopting autonomous robots, significantly expanding the ADR market's scope. This is expected to propel the growth of the global autonomous delivery robots market. For instance, In July 2021, Amazon announced to invest in a new Amazon Scout Development Center in Finland to focus mainly on autonomous package delivery solutions. The adoption of warehouse robotics is also encouraged by the increasing affordability and Return on Investment (ROI). The growing variety of infrastructure-light robots due to an attractive and versatile alternative to traditional fixed mechanical automation is expected to offer lucrative opportunities in the growth of global autonomous delivery robots market.
On Contrary, the autonomous delivery robots are expected to rely on EV technology over the forecast period, which might pose considerable challenges in improving delivery costs. This is expected to hamper the growth of the global autonomous delivery market.
Key features of the study:
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