Delivery Robots Market 2019 Company Profiles, Segments, Size, Landscape and Demand by Forecast to 2023

Market Highlights

Delivery Robots market are mainly road-driving delivery robots or sidewalk-based robots. These are used by companies to increase efficiency and reduce time and cost of last mile deliveries. The Global Delivery Robots market is segmented into hardware, software and services. The hardware market size is estimated to have larger market size and also increase at highest CAGR in the estimated period.

The Global Delivery Robots Market is expected to reach $ 31.37 million by 2023 and grow at a CAGR of 17.6% during the forecast period

Apart from North America, various companies in developed countries in Europe have started making use of delivery robots. In APAC, countries like Japan, China and Australia the delivery robots are in testing phase and the market size is expected to grow in the near future.

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Key Players

The key players in the Delivery Robots market are identified across all the major regions based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are—Amazon Robotics (US), Robby Technologies (US), Robomart (US), Boston Dynamics (US), Eliport (Spain), Starship Technologies (US), Panasonic (Japan), Jd. Com (China), Nuro (US), Savioke (US), Marble (US), Dispatch (US), Piaggio Fast Forward (US), Teleretail (US) and BoxBot (US).

Market Segmentation

Market Research Future report offers a wide segmental analysis of the delivery robots market on the basis of vertical, type, load carrying capacity, and component.

Based on the component, the delivery robots market is segmented into services, software, and hardware. Of these, hardware will have the largest share in the market over the assessment period.

Based on load carrying capacity, the delivery robots market is segmented into more than 50kg, 10.01-50kg, and up to 10kg. Of these, more than 50kg will domineer the market over the assessment period.

Based on type, the delivery robots market is segmented into semi-autonomous and fully autonomous. Of these, semi-autonomous will have a major share in the market over the assessment period.

Based on vertical, the delivery robots market is segmented into postal, healthcare and pharmaceutical, retail and e-commerce, food and beverage, and others.

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Regional Analysis

By region, the delivery robots market covers growth opportunities and latest trends across Rest of the World, Asia Pacific, North America, and Europe. Of these, North America will remain at the forefront in the market over the assessment period followed by Europe which will hold the second major share in the market over the assessment period with regards to technology as well as its adoption. The factors propelling the market growth in North America, include the presence of highly developed IT sectors in the US, coupled with higher adoption of robotic technology. Along with courier services, a good number of food delivery services and food chains, online retail stores, and postal services are making the most of this technology in the UK and the US. The delivery robots market in the Asia Pacific is predicted to grow at the highest CAGR over the assessment period owing to the awareness regarding delivery robots and the potential of the robots to offer delivery services at a lower cost and with high efficiency.

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