Hardware Component to Dominate Global Delivery Robots Market till 2027
Increasing demand for
delivery robots in industries such as food & beverages and retail to drive
global delivery robots market through 2027
According to TechSci Research report, “Global
Delivery
Robots Market By Load Carrying Capacity, By Component, By Number of Wheels,
By End User Industry, By Region, Competition, Forecast & Opportunities, 2027”, delivery robots market, globally, is projected to grow at
a CAGR of over 20% during the forecast period, owing to surging labor shortages
and skyrocketing last-mile delivery costs. Delivery robots can reduce cost in
last-mile deliveries and increase venture funding, which is anticipated to
boost the adoption of these robots across various sectors in coming years.
Companies operating in the delivery robots domain are collaborating and
launching new products in order to register strong growth. Starship
Technologies, TeleRetail, Nuro, JD.com, Inc., Savioke, Inc, Kiwi Campus, Marble
Robot Inc., Panasonic System Solutions Asia Pacific, Robomart, Inc. and Robby Technologies, Inc. are some of the
leading players in the market.
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Global delivery robots market can be segmented based on load carrying
capacity, component, number of wheels and end user industry. In terms of load
carrying capacity, less than 10kg is the preferred segment, as local
restaurants usually adopt these robots for the delivery of food parcels and
beverages to consumers. Based on the component, the market can be segmented
into hardware and software. Hardware is the major segment in global delivery
robots market, as LiDAR, sensors and cameras are the crucial parts and contribute
to the major cost of delivery robots. On the basis of number of wheels, the
market can be classified into 3 wheels, 4 wheels and 6 wheels. 4 wheels emerged
as the leading segment in 2018, owing to its capability to well balance the
robot. However, 6 wheels segment is expected to grow at the highest rate during
the forecast period, as these are efficient in rotating in place.
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“North
America is the largest market for delivery robots across the globe, on the back
of increasing grants and funds by governments for encouraging developments
related to robotics and presence of leading players in the region. Asia-Pacific
delivery robots market is expected to witness impressive growth during the
forecast period, on account of increasing awareness pertaining to delivery
robots and their efficiency at reduced costs in countries such as Australia and
Japan.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“Global Delivery Robots Market By Load Carrying
Capacity, By Component, By Number of Wheels, By End User Industry, By Region, Competition,
Forecast & Opportunities, 2027” has evaluated the future growth potential of delivery
robots market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global delivery robots market.
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