Increasing Adoption in Healthcare Sector to Boost Delivery Robots Market Growth
Delivery Robots Market to Touch USD 30 Billion at 25.00% CAGR by 2030
Delivery Robots Market Eyeing Favorable Growth due to Booming E-commerce Sector
Market Analysis
The global delivery robots market will touch USD 30 billion at a 25.00% CAGR by 2030, as per the recent Market Research Future report.
Drivers
Increasing Adoption in Healthcare Sector to Boost Market Growth
The increasing adoption of delivery robots in the healthcare sector will bolster market growth in the forecast period. In comparison to regular deliveries, the autonomous delivery robot is used in healthcare provides several features like smoother navigation, hygienic conditions, and low-noise motors. Earlier robots had been used in some healthcare facilities for treating children. These facilitate swift acquisition of supplies needed by medical staff.
Opportunities
Booming E-commerce Sector to offer Robust Opportunities
The booming e-commerce sector will offer lucrative opportunities for the delivery robots market in the forecast period. The expanding e-commerce industry has boosted the need for delivery robots for the consumers rising purchasing power, consumers higher inclination towards online shopping, on time delivery, tracking choices, and others.
Restraints and Challenges
Limited Operation Range to act as Market Restraint
The limited operation range of ground delivery robots, security risk, and strict regulations related to operation of the delivery robot may act as market restraints over the forecast period.
Market Segmentation
The delivery robots market has been bifurcated based on load carrying capacity, type, & component.
Based on component, hardware will lead this market over the forecast period.
By type, fully autonomous will domineer the market over the forecast period.
By load carrying capacity, up to 10kg will spearhead the market over the forecast period.
COVID-19 Analysis
The COVID-19 epidemic possessed a positive impact on the delivery robots market for the growing need for contactless delivery solutions. Most consumers and businesses switched to the autonomous delivery robot for minimizing human contact & ensuring the efficient and safe delivery of goods. The trend accelerated the deployment and development of delivery robots in various industries such as food delivery, healthcare, airports and retail.
Regional Analysis
APAC to Head Delivery Robots Market
The APAC region will head the delivery robots market over the forecast period. The presence of a large population and the presence of rapidly urbanizing cities that boost the need for efficient & convenient delivery solutions are adding market growth. The region has a rapidly growing and large technology industry with Japan and China being key players in the fields of automation and robotics. Also this region possess a supportive regulatory environment as well as high levels of investments in developing delivery robots are further fuelling market growth in this region.
Key Players
Eminent industry players profiled in the global delivery robots market report include Amazon Robotics, Robby Technologies, Robomart, Boston Dynamics, Eliport, Starship Technologies, Panasonic, Jd.Com, Nuro, Savioke, Marble, Dispatch, Piaggio Fast Forward, Teleretail and BoxBot.
Key players have incorporated several strategies to stay head and shoulders over others such as new product launch, mergers and acquisitions, geographic expansions, among others.
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