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Delivery Robots Market to Touch USD 30 Billion at 25.00% CAGR by 2030

Oct 27, 2023 9:00 PM ET

Delivery Robots Market to Touch USD 30 Billion at 25.00% CAGR by 2030

Delivery Robots Market Analysis 

The global delivery robots market will touch USD 30 billion at a 25.00% CAGR by 2030, as per the recent Market Research Future report.

Drivers 

Increasing Adoption in Healthcare Sector to Boost Market Growth 

The increasing adoption of delivery robots in the healthcare sector will bolster market growth in the forecast period. In comparison to regular deliveries, the autonomous delivery robot is used in healthcare provides several features like smoother navigation, hygienic conditions, and low-noise motors. Earlier robots had been used in some healthcare facilities for treating children. These facilitate swift acquisition of supplies needed by medical staff.

Opportunities 

Booming E-commerce Sector to offer Robust Opportunities 

The booming e-commerce sector will offer lucrative opportunities for the delivery robots market in the forecast period. The expanding e-commerce industry has boosted the need for delivery robots for the consumers rising purchasing power, consumers higher inclination towards online shopping, on time delivery, tracking choices, and others.

Restraints and Challenges 

Limited Operation Range to act as Market Restraint 

The limited operation range of ground delivery robots, security risk, and strict regulations related to operation of the delivery robot may act as market restraints over the forecast period.

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Key Players 

Eminent industry players profiled in the global delivery robots market report include

  • Amazon Robotics,
  • Robby Technologies,
  • Robomart,
  • Boston Dynamics,
  • Eliport,
  • Starship Technologies,
  • Panasonic,
  • Com,
  • Nuro,
  • Savioke,
  • Marble,
  • Dispatch,
  • Piaggio Fast Forward,
  • Teleretail and

Key players have incorporated several strategies to stay head and shoulders over others such as new product launch, mergers and acquisitions, geographic expansions, among others.

Market Segmentation 

The delivery robots market has been bifurcated based on load carrying capacity, type, & component.

Based on component, hardware will lead this market over the forecast period.

By type, fully autonomous will domineer the market over the forecast period.

By load carrying capacity, up to 10kg will spearhead the market over the forecast period.

COVID-19 Analysis 

The COVID-19 epidemic possessed a positive impact on the delivery robots market for the growing need for contactless delivery solutions. Most consumers and businesses switched to the autonomous delivery robot for minimizing human contact & ensuring the efficient and safe delivery of goods. The trend accelerated the deployment and development of delivery robots in various industries such as food delivery, healthcare, airports and retail.

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Regional Analysis 

APAC to Head Delivery Robots Market 

The APAC region will head the delivery robots market over the forecast period. The presence of a large population and the presence of rapidly urbanizing cities that boost the need for efficient & convenient delivery solutions are adding market growth. The region has a rapidly growing and large technology industry with Japan and China being key players in the fields of automation and robotics. Also this region possess a supportive regulatory environment as well as high levels of investments in developing delivery robots are further fuelling market growth in this region.

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About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

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