Autonomous Delivery Robots Market size was over USD 2.71 Billion in 2023 and is likely to reach USD 139.22 Billion by the end of 2036, growing at around 35.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of autonomous delivery robots is assessed at USD 3.57 Billion. The growth of the market can be attributed to the autonomous delivery robots (ADRs) attractive potential owing to rising consumer expectations for quicker and more convenient deliveries. Furthermore, China’s Alibaba Group delayed an autonomous robot for logistics help in September 2020 wherein 500 packages can be delivered by the robot per day.
In addition to these, factors that are believed to fuel the market growth are the increased number of internet users has propelled the population towards online shopping, which in turn is expected to increase the demand for autonomous delivery robots. As per a recent report, the number of internet users rose from almost 4 billion in 2018 to 5 billion in 2021 all over the world.
Author Credits: Abhishek Verma
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