Delivery Robot Market Size

Delivery Robots Market size was over USD 351.79 million in 2023 and is expected to reach USD 13.51 billion by the end of 2036, growing at around 32.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of delivery robots is assessed at USD 442.97 million.

The growth of the market can be attributed to the growing demand for autonomous robot delivery services, along with the increasing need among business organizations to lower their last-mile delivery costs. Further, growing technological advancements in robotic technologies, increasing partnerships between autonomous delivery companies and e-tailers, along with the increasing trends for grocery and food delivery robots for last-mile delivery, are some of the significant factors anticipated to drive the market growth.

The global delivery robots market is thriving on account of the growing need amongst business organizations to deliver their goods faster to the end customers, especially organizations belonging to the e-commerce, retail, logistics, or restaurant & foodservice industries. These robots are designed to be smart enough to traverse through low-traffic routes avoiding traffic congestions. Further, the robots are battery-powered or are powered by hybrid energy using a mix of solar and battery-powered energy, ultimately contributing to the reduction in carbon emissions.