Delivery Robot Market Insights, Forecast to 2028

Delivery Robot Market Analysis and Insights 2028

Due to the COVID-19 pandemic, the global Delivery Robot market size is estimated to be worth USD 20 million in 2022 and is forecast to a readjusted size of USD 50 million by 2028 with a CAGR of 16.5% during the review period.

Key drivers of the delivery robot market include growing adoption in the hospitality industry due to the aftereffects of the pandemic. The rising use in the retail sector for efficient parcel delivery will fuel the growth of the delivery robot market during the forecast period.  Continuous technological innovations will drive the growth of the market in the coming years. 

Delivery Robot Market Trends

Food and beverages

The onset of the pandemic and social distancing norms have given rise to contactless delivery systems in the hospitality industry. This is fueling the use of delivery robots for delivering food and other items by hotels and food companies. Hundreds of thousands of little robots are being deployed to overcome the challenges related to worker shortage. These artificial beings use cameras, sensors, and GPS to navigate around the areas. They are highly effective as they reduce operational costs and the need for investing in expensive delivery fleets is eliminated. The demand for the delivery robot market will expand significantly moving forward. Standard vehicles can get stuck in traffic and create additional congestion or pollution problems. Robots with 360-degree cameras overcome obstacles and deliver food when it’s still hot. The food compartment is securely sealed and tracked continuously to ensure the safe delivery of goods. Moreover, they also come equipped with microphones that enable communication between customers, pedestrians, and restaurant workers. This improves the overall customer experience. The robots are able to scan the environment and safely cross roads while evading collisions. The presence of fewer delivery vehicles ultimately helps in reducing carbon footprints. 

Retail industry

The rapid explosion of the eCommerce industry and the prevalence of online shopping trends have raised consumer expectations like never before. Sameday delivery is becoming the norm. Major retail companies are investing in delivery robots to improve operational efficiency and user satisfaction levels. Robotics in the retail space helps businesses to gain crucial consumer data for enhanced decision-making. Automated shelf scanners are being connected to IoT systems to carry out time-consuming and repetitive tasks like cleaning, material handling, and warehouse management. Robots reduce the need for managing a large number of workers thereby cutting operating expenses by a huge margin. Hence companies are investing in robotic technology to eliminate redundancies. This will bolster the growth of the delivery robot market in the forthcoming years. Customers can actively engage with a robot as they are capable of answering routine business questions. This improves employee productivity as the on-duty staff is able to focus more on other core operations. The robots deploy visual recognition software to gauge the pricing of inventory and products within stories, It monitors the everyday shelf activity and whether any item is missing or empty. Moreover, retailers are using robots for gaining customer attention, analyze important shopping patterns, make effective use of the available storage space, and keep track of all the products kept in warehouses. 

Technological advancements

Last-mile delivery is a recurring headache for logistics companies. The urban congestion, lack of parking space, loading and unloading, and local administration make urban distribution of goods a very high cost. Autonomous delivery vehicles are much more efficient and able to handle varying loads. They come with remote monitoring solutions and can even move up and down a flight of stairs. Extensive R&D initiatives are underway to fully develop the capacity of these robots. These will bolster the growth of the delivery robot market in the forthcoming years. Versatile delivery robots are being created with legs and wheels that can carry a variety of things like food, tools, and other materials. They reduce urban traffic, improve air quality, and are fast and reliable. Ground-level delivery robots are able to deliver heavier loads and items. They can use their front legs and arms to carry the packages and put them in cargo compartments all by themselves. The availability of advanced mobility solutions with AI-powered sensors can enable robots to plan for the best routes and learn over a consistent period of time. They move call elevators and even move up and down the staircase easily without the need for manual intervention. 

Delivery Robot Market 

Based on application,  the food and beverages segment will be the most lucrative during the forecast period as a growing number of hotels and resorts are expanding their non-human staff. The main reasoning includes growing technological trends, ideas of automation, self-service for improving customer experience. Robots are highly effective in terms of speed, cost, and accuracy levels. 

Based on type, the segmentations include LIDAR sensors and control systems. LIDAR( light detection and ranging sensors) capture the surveyed environment through eye-safe laser beams to create highly accurate 3D virtual models of the surroundings. While control systems are remote monitoring solutions containing microprocessors, power supply, and electronic systems. It is operated remotely by humans. 

Based on region, North America will witness significant growth opportunities in the delivery robot market share due to the extensive presence of key players, continuous technological innovations, and rising use in several end-user industry verticals. 

Delivery Robot Market Scope and Segment

Delivery Robot market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Delivery Robot market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Delivery Robot Market Segment By Type

• LiDAR Sensors
• Control Systems

Delivery Robot Market Segment By application

• Food & Beverages
• Retail

By Company

• Starship Technologies
• Panasonic System Solutions
• Savioke
• Nuro
• Amazon Robotics
• Robby Technologies
• Boston Dynamics
• Robomart
• Eliport

Production By Region

• North America
• Europe
• China
• Japan

Consumption By Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• U.A.E