Delivery Robots Market Overview
The Delivery Robots Market is estimated to grow at a CAGR of 30.25% during the forecast period 2022-2027 and reach $1,363.2 million by 2027, from around $301.5 million in 2021. This growth is majorly attributed to the rising demand from food delivery services and also the soaring demand from e-commerce. As stated by World Economic Forum, E-commerce sales had already grown sixfold globally from $550 billion in 2010 to $3.5 trillion in 2019 even before the pandemic forced much of the world to embrace online shopping. It has also stated that in just the first three months of the pandemic, the UK. and US recorded surges in online sales volumes that exceeded the entire growth of the previous decade. With this, the demand for delivery robots is analysed to grow. A delivery robot is an autonomous robot that provides delivery services. In certain cases, an operator may monitor and take control of the robot remotely where the robot cannot resolve events such as stuck in an obstacle and so on. The market is in early growth rate and is analysed to grow at a significant rate during forecast period owing to the rising adoption of autonomous systems. This skyrocketing demand in e-commerce sector is intensifying pressure on delivery networks, especially in “the last mile” from distribution centre to consumer, thereby contributing to the demand.
Delivery Robots Market Report Coverage
The report: “Delivery Robots Market – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Delivery Robots industry.
By Component: Hardware, Software
By Load Carrying Capacity: 5kg, 10kg, 30kg, 40kg, 50kg, 60kg, 100kg
By Application: Food & beverage, Healthcare, Retail, Electronics, Postal, Logistics & Others
By Geography: North America (U.S, Canada, Mexico), South America (Brazil, Argentina and others), Europe (Germany, UK, France, Italy, Spain, Russia and Others), APAC (China, Japan India, SK, Aus and Others), and RoW (Middle east and Africa)
- In majority of the cases, the delivery robots are not directly sold to any customer, instead the required companies such as food delivery firms, retail and so on partner with the robot manufacturers for the services.
- Delivery Robots are the technology of the future, but the current legal system is unprepared to deal with them. The lack of legal precedents regarding how courts set to handle delivery robot liability is a major source of concern for insurers. Existing insurance policy terms and conditions set to be obsolete and insufficient as they do not account for delivery robot risks and exposures. Moreover, if a third-party claims that a delivery robot company caused them financial loss, errors & omissions (E&O) insurance must be present to cover the legal fees.
- Improvement in regulatory approval by R&D institutes and newer formulations are set to enhance the supply chain to serve the industries better.
Delivery Robots Market, By Region, 2021
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Delivery Robots Market Segment Analysis – By Load Carrying Capacity
The growing number of companies offering delivering robots for various end-users to carry load of upto 30kg is expected to positively influence its market growth. As a part of this, Connexall Co Ltd offers T1 stand delivery robot, a commercial delivery robot which makes an accurate indoor delivery of dishes, fruits and other items for commercial purposes. In addition, the robot has 3 trays, payload 30kg that be served in 3 place continuously. Apart from this, the emerging number of startups offering load capacity upto 30kg is set to boost its market growth. For instance, QENVI Robotics provides autonomous robot for industrial use. The robot is programmed to follow its user in both the indoor and outdoor environment and carry loads Upto 30Kg. Upto 30kg segment of Delivery Robot Market generated a revenue of $57.59m in 2021 and is projected to reach a revenue of $292.95m by 2027 growing at a CAGR of 32.79% during 2022-2027.
Delivery Robots Market Segment Analysis – By End Use Industry
Food and beverage sector dominated the global delivery robot market with a share of 28% in 2021. Starship has stated that the company has 1,000 robots in its fleet and they’re delivering food on 20 U.S. campuses and also stated to add 25 more. The major companies are such as Nuro Inc, Starship, Teleretail, Kiwibot and so on are making significant efforts in expanding their scope from the food delivery to other applications as well which is set to boost the demand for delivery robots in these sectors. Thus, warehouse of food and beverage industry include all the activities such as picking, placing, sorting, storing and retrieving, thereby they enormously rely on robotics automation, creating positive environment for the market to grow. Given the delicate nature and amount of work involved, it has become cost-effective and easy for food companies to employ delivery robots as opposed to humans. Additionally, the food contamination is a major problem which requires the manufacturer’s attention and the process needs to be taken well care of to ensure food safety. Food safety compliances and regulations are other concerns in Food and Beverage industry and thus delivery robots have been adopted to fulfill these demands. The delivery robots can handle these standards more accurately, also control and reduce the contamination due to less human intervention.
Delivery Robots Market Segment Analysis – By Geography
North America dominated the Delivery Robots Market with a value share of 44% in 2021, attributing to the significant deployment of the autonomous delivery robots in food delivery applications especially in universities. The growing start-ups in the US and the ease of regulations in US, European Union, Japan, Korea and other countries is also set to boost the demand for the delivery robots during the forecast period 2022-2027. Kiwibot, a robotic sidewalk delivery business, has announced a partnership with Sodexo, a food services and facilities management behemoth, to introduce its robots to college campuses in the United States in 2021. Students and teachers at New Mexico State University, Loyola Marymount University, and Gonzaga University should be able to order fresh meals from Sodexo-served venues on campus starting this month. One of the primary factors driving the growth of the Delivery Robots Market during the forecast period is the increasing investment in technological development for delivery robots in the United States.
Delivery Robots Market Drivers
Booming E-Commerce Sector Driving New Demand
The booming e-commerce sector has increased the demand of delivery robots owing to the increasing purchasing power of consumers, more inclination of consumers towards online shopping, delivery in time, tracking options and various others is expected to positively influence its market growth. As a part of this, according to IBEF, The Indian E-commerce market is expected to grow to US$ 111.40 billion by 2025 from US$ 46.2 billion as of 2020. By 2030, it is expected to reach US$ 350 billion. By 2021, total e-commerce sales are expected to reach US$ 67-84 billion from the US$ 52.57 billion recorded in 2020. In September 2020, Snapdeal an e-commerce firm had successfully conducted last mile delivery of products using robots. The E-commerce giant in partnership with autonomous mobility start-up Ottonomy is doing the experiment in selected locations of Delhi NCR. Hence, the growing e-commerce sector has increased the demand of delivery robots which in turn is expected to drive its market growth in the upcoming years.
Growing investment by major players with the aim to develop delivery robots
The increasing investment by major key players in order to expand its product portfolio and better serve the various end-use industry such as beverages, healthcare, e-commerce and many more is expected to fuel its market growth in the future. As a part of this, in November 2021, Nuro, a developer of autonomous driving technology backed by two former Google engineers, hauled in an additional $600 million to speed up efforts to commercialize its robotic delivery services from past investors including SoftBank and Toyota’s Woven Capital. In January 2019, Starship Technologies, the company building a fleet of autonomous robots designed to deliver goods locally announced $17.2 million (€16.5 mil.) in seed funding. The round was led by Daimler AG, along with Shasta Ventures, Matrix Partners, ZX Ventures, Morpheus Ventures, Grishin Robotics, Playfair Capital and a number of other investors. In December 2021, Serve Robotics an delivery robotic company raised $13 million in seed funding round, which will be used to accelerate the company’s path to commercial scale, driving its fleet expansion, geographic growth, and continued product development.
Delivery Robots Market Challenges
Stringent government regulation regarding the use of delivery robot in public areas
Limited rules and regulations or complete barrier for sidewalk delivery robots in U.S. serves as a major setback for the growth of the delivery robot market. The most prominent example is San Francisco, where the City Council enacted an effective ban on the devices in 2017, prohibiting them in many parts of the city and allowing only limited testing in others. Some places have enacted limited rules for sidewalk delivery robots, such as requiring operators to obtain general liability insurance, limiting the speed or weight of the devices, or requiring operators to retrieve any abandoned equipment.
Delivery Robots Market Landscape
The Delivery Robots Market is moderately consolidated with key players are adopting strategies such as acquisition, product launches and others with the players and companies prevalent in the market. The top companies present in the market include the below.
- Nuro Inc
- Starship Technologies
- Kiwi Campus
- In September, 2021 Robomart was set to Open Platform for Uber-Style Mobile Stores. Robomart, a mini-mart on wheels that customers can hail in the style of an Uber and spontaneously shop without checking out, this morning is to announce the launch a platform allowing partner retailers to deploy fleets of mobile branded stores, providing a delivery model exponentially faster than e-convenience players like GoPuff while helping them expand their delivery volume and coverage areas.
- In April 2021, Kiwibot, in a partnership with Knight Foundation and Chick-Fil-A, launched Next-generation Robot 4.0 for last mile deliveries.
Report Code: ESR 98153
Report Code: AIR 0025
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1. Delivery Robot Market Overview
1.1 Definitions and Scope
2. Delivery Robot Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key trends By Industry
2.3 Key trends segmented by Geography
3. Delivery Robot Market – Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
4. Delivery Robot Market – Industry Market Entry Scenario Premium (Premium)
4.1 Regulatory Scenario
4.2 Ease of Doing Business Index
4.3 Case Studies (3 Case Studies)
4.4 Customer Analysis (5 Key Customers for Top 5 Companies)
5. Delivery Robot Market – Startup Company Scenario (Premium)
5.1 Venture Capital and Funding Scenario
5.2 Startup Company Analysis (3 Key Startups Analyzed)
6. Delivery Robot Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Delivery Robot Market – By Strategic Analysis
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Product Life Cycle/Market Life Cycle Analysis
7.4 Suppliers and Distributors (5 Key Suppliers and Their Relevant Distributors)
8. Delivery Robot Market – By Component (Market Size -$Million/Billion)
8.1.4 LED Screen
9. Delivery Robot Market – By Load Carrying Capacity (Market Size -$Million/Billion)
9.1 Upto 30 KG
9.2 30-100 KG
9.3 More than 100 KG
10. Delivery Robot Market – By End User (Market Size -$Million/Billion)
10.1 Food and Beverage
11. Delivery Robot Market - By Geography (Market Size -$Million/Billion)
11.1 North America
11.2 South America
11.4.3 South Korea
11.5.1 Middle East
12. Delivery Robot Market - Market Entropy
12.1 New product launches
12.2 M&A's, collaborations, JVs and partnerships
13. Delivery Robot Market – Industry Competition Landscape (Premium)
13.1 Market Share Global (10 Companies at Global Level)
13.2 Market Share by Region (5 Companies Per Region)
13.3 Market Share by Country (5 Companies per Country. Covering 10 Key Countries – U.S, Canada, Brazil, Germany, France, UK, China, Japan, India, Middle East)
13.4 Market Share by Type/End Use Industry (5 Companies per Type)
13.5 Competition Matrix (Top 10 Global Companies)
14. Delivery Robot Market – Key Company List by Country Premium (Premium) (Up to 5 Companies per Country for 10 Countries - U.S, Canada, Brazil, Germany, France, UK, China, Japan, India, Middle East – Tentative: 50 Companies Subject to Availability)
15. Delivery Robot Market - Company Analysis (Market Overview, Product Portfolio, Revenue, Developments)
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10
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