Delivery Robots Companies | Forecast by 2033

22 Aug 2024

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Table of Content

1. Delivery Robots Market Companies, Trends and Recent Innovations 2. Market Overview 3. Delivery Robots Market Emerging Trends 4. Top Companies in the Delivery Robots Markets 5. Regional Insights 6. Delivery Robots Market Highlights 7. Market News

Delivery Robots Market Companies, Trends and Recent Innovations

The global delivery robots market was exhibited at USD 310.05 million in 2023 and is anticipated to touch around USD 4,983.11 million by 2033, poised to grow at a CAGR of 32.01% during the forecast period. Labor shortages, the efficiency of the autonomous robots and rise in the global e-commerce industry are some of the factors contributing to the growth of the delivery robots’ market.

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Market Overview

Delivery robots are self-contained equipment designed for 'last mile' delivery services. Delivery robots use a variety of components, including cameras, GPS navigation, and sensors, to navigate their routes and prevent collisions with humans, objects, and autos. These machines rely on complicated locomotion, sensing, navigation, and cognition systems to function. To complete delivery tasks, the robots make algorithm-based decisions and use artificial intelligence in conjunction with their hardware. These devices can be fully autonomous, or a human operator can take over the controls remotely to lead the robot through specific conditions. Food, grocery, and package delivery businesses, as well as hospitals and hotels, make extensive use of delivery robot devices.

Impact of AI to Act as a Driver for the Market

Global labour shortages, especially after the pandemic and technological breakthroughs in artificial intelligence and robotics, have significantly spurred demand for delivery robots in the market. However, as the adoption of delivery robots increases, safety concerns and stricter government regulations around their operation are posing a challenge to growth in the market. As AI gets more advanced, the decision-making abilities of these robots get better, presenting opportunities for growth in the delivery robots market.

Delivery Robots Market Emerging Trends

• Increasing Adoption in the Food and Beverage Industry: Easy adoption of delivery robots in delivery and curb side pickup has started occurring in the food beverage industry to save on labour costs and improve customer experience.
• Increased Demand for Autonomous Delivery Robots: Autonomous delivery robots are in huge demand due to the efficiency and lower cost of labour they offer. Starship technologies and Nuro are pioneering autonomous delivery robot technology.
• Delivery Robots in Retail and E-Commerce: Delivery robots are in fashion in the retail and e-commerce industries for the purpose of last mile delivery, thus reducing delivery time and cost. Many companies like Amazon and Walmart are currently testing delivery robots for their online delivery services.
• Advancements in Technology: Improvements in AI, machine learning, and sensor technology significantly improve the navigation, safety, and efficiency of delivery robots.
• High Sustainability: The delivery robots would be designed having considered the aspect of sustainability, including making robots out of eco-friendly materials and minimizing carbon emissions.
• Growing Demand for Delivery Robots in Healthcare: The delivery robots can be effectively used across various healthcare environments to deliver medicinal supplies, prescriptions and laboratory samples. This reduces labour costs and provides better care to patients.
• Geographic Expansion: Delivery robots spread into new markets, such as Asia Pacific, Europe and Latin America as demand for last-mile delivery solutions increases.
• Partnerships and Collaborations: Firms collaborate with delivery robot manufacturers to test and implement the delivery robot technology that is driving market growth and innovation.
• Regulatory Frameworks: Regulatory frameworks are developed to support the growth of delivery robots.

Advancements In AMRs to Open Market Potential

Recent technological advances in autonomous mobile robotics are enabling scales of equity in the industry. Widespread 5G+ adoption, simultaneous localization and mapping, signal processing, LiDAR, edge computing, and machine vision are culminating to render robots able to govern and perform assigned tasks in their surroundings.

It also empowers innovation with AI-driven optimization powered by advanced analytics and machine learning that automates operations and network processes with expanded problem-solving capabilities. Adoption of such sizing has rocketed, with autonomous delivery vans, sidewalk pods, and drone pods helping to alleviate the cost of the last mile of package delivery. Besides, operators are able to take emergency control of the robots at any time by using cloud-based monitoring consoles.

Top Companies in the Delivery Robots Markets

• Alibaba Group Holding Ltd.
• Amazon, Inc.
• Drone Delivery Canada Corp.
• Flytrex Inc.
• JD.com, Inc.
• Kiwi Campus (Kiwibot)
• Nuro, Inc.
• Refraction AI
• Shenzhen Yiqing Innovation Technology Co., Ltd. (Unity Drive Innovation)
• Starship Technologies
• TeleRetail
• Udelv Inc.
• Wing Aviation LLC
• A2Z Drone Delivery, LLC

Recent Development by Uber Eats

Regional Insights

North America dominated the delivery robots market in 2023, therefore it holds a larger market share. Ongoing research and development operations in the region, together with developments in robotics and artificial intelligence, labor shortages, and the presence of a strong IT infrastructure, will drive high demand in the delivery robot industry. The presence of multiple robot manufacturing companies in the vicinity was also a factor in predicting tremendous demand. The American economy has also seen the Great Resignation (also known as the Big Quit), in which large numbers of workers resigned their employment voluntarily in early 2021, during the pandemic. Over the last decade, the United States has had the lowest rates of labor activity. Market forces have led.

The delivery robots market in Asia Pacific is estimated to experience the fastest growth during the forecast period between 2024 and 2033. Urbanization rates have surged over the last couple of years, and consumer demographics are changing at an alarming rate. E-commerce sales have hit the roof. Countries such as Japan, India, South Korea, and China in Asia are experiencing an increase in internet coverage, and the number of applications related to food delivery is growing by the day, which has catalyzed the growth of the delivery robots market in the region.

Over the years, Japan has been allowing self-driving delivery robots to address some of the challenges brought about by an aging population. Then, the country relaxed its laws on traffic to allow the self-driven delivery robots to operate on the streets and pavements. The changes within the supply chains of the country include the new set of laws limiting the overtime that truck drivers work, which has left businesses unable to beat deadlines on their delivery demands.

Market Potential

The next generation of delivery robots will be increasingly safer and more autonomous, minimizing the need for human intervention as autonomous robots advance. The more businesses embrace the idea of connectivity via the Internet of Things, the more advanced communications can be between equipment and systems for delivery robots; this improves coordination and overall efficiency. Advanced IoT connectivity will enable real-time data collecting, significantly improving SLAM. It will ensure that future delivery robots respond faster to changes in their surroundings and make better decisions while working jointly with other systems.

Once delivery robots become popular, they will be utilized by a wide range of industries, allowing for faster, more efficient, and cost-effective delivery services.

Delivery Robots Market Highlights

Market News

• In 2023, the Korean government had revised its former Intelligent Robots Development and Distribution Promotion Act in a way that allowed self-driving delivery robots to be used in outdoor environments. The revision of the regulation legalized the safe operation of robots in public places to promote solutions for delivery and patrol.
• February 2024: The maker of delivery robots, Starship Technologies, has secured $90 million in fresh funding, co-led by Plural and Iconical. This latest funding round brings the total raised by Starship to US$ 230 million since inception in 2014. The latest funding venture was supposed to go towards helping the firm's global expansion endeavors. Starship has managed to complete more than six million deliveries ranging from takeaways to groceries, all with its delivery robots.
• Chinese Qingdao University researchers have developed a new type of sensor for robotics and other bionic applications that can work without direct contact between objects and the sensor up to 10 centimeters from the object.
• March 2024: Uber Eats Japan started testing Cartken delivery robots in Tokyo's Nihonbashi district. Currently the pilot is serving two restaurants; Tonkatsu Aoki and Benihana Annex with the plans of the company to expand the service to a larger number of restaurants within the Tokyo region.

Market Segmentation

By Type

• Indoor
• Outdoor

By Load-Carrying Capacity

• Up to 10 kg
• 11 kg to 50 kg
• More Than 50 kg

By Number of Wheels

• Three Wheels
• Four Wheels
• Six Wheels

By End-user

• Healthcare
• Food & Beverages
• Retail
• Logistics
• Others (Hospitality)

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