Global delivery robots market is anticipated
to grow at a double-digit CAGR during the forecast period, as delivery robots help
to reduce the cost of last mile delivery. These robots are designed and
programmed to deliver couriers, food and shipments from one place to another. Increasing
venture funding and low cost of last mile delivery by using robots as compared
to human drivers are expected to push global delivery robots market during forecast
period. Moreover, technological advancements and high efficiency of delivery
robots compared to the existing modes of delivery are also anticipated to have
a positive impact on delivery robots market, globally.
Global delivery robots market can be
segmented based on load carrying capacity, component, number of wheels and end
user industry. Based on load carrying capacity, the market can be classified into
less than 10kg, 10-50kg and more than 50kg. Of these segments, 10-50kg is expected
to grow at the highest rate during the forecast period, as it is the preferred
segment among restaurants and e-commerce partners for the delivery of parcels
to consumers. On the basis of component, global delivery robots market can be
bifurcated into hardware and software. In 2018, hardware segment dominated the
market and is likely to maintain its leading market position in the coming
years, as hardware components, such as LiDAR, sensors and cameras, serve as the
crucial parts and acquire major share of the delivery robot’s cost. Delivery
robots market caters to various end user industries such as food & beverages,
healthcare, retail and others. Food & beverages segment accounted for the
largest market share in 2018, however, adoption of delivery robots is forecast
to increase in the retail sector during forecast period, as the cost of
delivery is lower than the traditional methods.
Delivery robots market, which is at a nascent
stage, is gaining traction and expanding to various regions including North
America, Asia-Pacific, Europe and Rest of World. Presence of leading players
and government support for research programs are the major factors resulting in
the dominating share of North America in global delivery robots market.
Moreover, the region boasts a large base of start-ups and manufacturers working
towards the implementation of delivery robots.
Global delivery robots market is
consolidated, with few major players operating in the market. Some of the major
players in global delivery robots market are Starship Technologies, TeleRetail, Nuro and Robby
Technologies, Inc. Major companies are developing advanced technologies
and launching new products in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new product
developments. In 2018, Starship Technologies collaborated with Compass Group to
offer robotic delivery.
Years
considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast global delivery robots market size.
- To classify and forecast global delivery robots market based
on load carrying capacity, component, number of wheels, end user industry
and regional distribution.
- To identify drivers and challenges for global delivery robots
market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in global delivery robots
market.
- To conduct the pricing analysis for global delivery robots market.
- To identify and analyze the profile of leading players operating in
global delivery robots market.
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Some of the leading players in global delivery robots market are
Starship Technologies, TeleRetail,
Nuro, Robby Technologies, Inc., etc. TechSci Research performed
both primary as well as exhaustive secondary research for this study.
Initially, TechSci Research sourced a list of manufacturers across the globe.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufacturers which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufacturers, distribution
channels and presence of all major players across the globe.
TechSci
Research calculated global delivery
robots market size using a bottom-up approach, where
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Delivery robot OEMs
- Retail companies
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
delivery robots
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for industry stakeholders such as manufacturers and
partners, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, global delivery robots market has been segmented
into following categories, in addition to the industry trends which have also
been detailed below:
- Market, by Load Carrying Capacity:
- Less than 10kg
- 10-50kg
- More than 50kg
- Market, by Component:
- Hardware
- Sensors
- Cameras
- GPS
- Radars
- Control System
- Others
- Software
- Market, by Number of Wheels:
- 3 Wheels
- 4 Wheels
- 6 Wheels
- Market, by End User Industry:
- Retail
- Food & Beverages
- Healthcare
- Others
- Market, by Region:
- North America
- United States
- Mexico
- Canada
- Europe
- Germany
- United Kingdom
- Switzerland
- Asia-Pacific
- China
- Japan
- Australia
- South Korea
- Rest of the
World
Competitive
Landscape
Company Profiles: Detailed analysis of the major companies
present in global delivery robots market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
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