Delivery Robot Market Trends

  • Report ID: 45
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Delivery Robots Sector: Growth Drivers and Challenges

Growth Drivers

Increasing Utilization of Delivery Robots by Business Organizations for Last-Mile Delivery to Drive the Market Growth

Businesses nowadays have realized the important role of customer satisfaction when it comes to the process of service delivery. Over the years, with increased customer expectations for doorstep delivery, customized window delivery slots, same-day, next-day, or instant delivery, there is a rising need amongst business organizations to focus more on their last-mile delivery processes. Further, the increasing need among businesses to lower their last-mile delivery operation costs, and the challenges observed by businesses for last-mile delivery, are raising the need for the deployment of AI-enabled last-mile delivery robots to further enrich their existing service delivery models. Additionally, with customers shifting towards the online mode of shopping, rather than visiting the conventional brick and mortar stores, along with the growing need for faster delivery of perishable goods, are further raising the need amongst businesses to deploy these robots, which is anticipated to drive the market growth in the coming years.


Base Year

2024

Forecast Year

2025-2037

CAGR

32.4%

Base Year Market Size (2024)

USD 465.77 million

Forecast Year Market Size (2037)

USD 17.89 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of delivery robots is assessed at USD 594.04 million.

Delivery Robots Market size was over USD 465.77 million in 2024 and is anticipated to cross USD 17.89 billion by 2037, growing at more than 32.4% CAGR during the forecast period i.e., between 2025-2037.

North America industry is expected to dominate majority revenue share by 2037, attributed to increasing favorable initiatives of the government for permitting the use of these robots on sidewalks and in crosswalks, along with increasing need among business organizations to optimize their service delivery model for greater consumer satisfaction.

The major players in the market are Starship Technologies, Nuro, Inc., Savioke, Inc., TeleRetail, BoxBot Inc., Agility Robotics, ST Engineering Aethon, Inc., and others.
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