Autonomous Delivery Robots Market Trends

Growth Drivers

• Increasing Adoption of Robotic Automation Process– Introducing IoT and AI in delivering sector for optimizing business operations is anticipated to result in smoother workflows and increased customer support. As a result, many businesses are expected to incorporate robotics in their functions which are forecasted to be lucrative growth opportunities in the autonomous delivery robots market. For instance, by the end of 2023, more than 30% of operational warehouses are estimated to be supplemented by collaborative robots that increase worker efficiency and reduce operational time.
• Growing Marketing Automation– For instance, in 2019, more than 50% of companies globally were known to be using marketing automation technologies and about 55% of B2B companies were further planning to adopt the automation technology.
• Increased Investments in Robotics – A recent news stated that more than USD 15 billion was invested in robotic startups in 2020 globally.

Challenges

• Concern Related to High Investments- Road automatic delivery robots (RADRs) significantly costs low in a variety of situations, but they always come at a cost of much more vehicle miles driven per client served. The cost provided by the Out water and Kitchen, excluding labor expenses, is used to calculate the USD 30/hrs running cost of a RADAR. The cost is ten increased by 15% to account for the more expensive autonomous vehicle technology
• Low Awareness About Robots in Developing Countries
• Absence of High Technology