Delivery Robots Market Size Worth $2,148.92 Million By 2032 | CAGR: 30.7%

Delivery Robots Market Size Worth $2,148.92 Million By 2032 | CAGR: 30.7%

The global delivery robots market size is expected to reach USD 2,148.92 million by 2032, according to a new study by Polaris Market Research. The report “Delivery Robots Market Share, Size, Trends, Industry Analysis Report, By Load Carrying Capacity (Up to 10 kg, More than 10 kg to 50 kg, and More than 50 kg); By Number of Wheels; By End Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Grocery delivery robots are improving supermarket revenue and profit margins. For example, in January 2022, Delivers.AI established its first autonomous delivery robot for contactless delivery services. In addition, online merchants and grocery chains like Big Basket, Flipkart, & Amazon are investing heavily in delivery robots to complete last-mile deliveries of items.

The autonomous trend is shifting the industry with innovations such as artificial intelligence, the Internet of Things, connectivity, big data, and analytics. Developments in IoT and sensor technology allow precise monitoring of obstacles and surroundings. For example, nearly 83% of businesses claimed that AI is a top priority in their corporate plans. IoT spending worldwide has been growing year over year. IoT spending has been reported at almost $749 billion in fiscal year 2020. The growing transformation of technologies such as IoT and AI is escalating the development and adoption of delivery robots by enabling them to be more efficient, reliable, and adaptable to different environments and situations.

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Automation is shaking up different aspects of businesses across the world. The survey reported that the implementation of robotics across various industries, such as food and beverage, healthcare, and many other sectors, is rising. Recently, in February 2023, ZMP partnered with Japan Post Holdings for trials of the delivery robots in Tokyo. This has augmented the demand for robots to improve safety and sustainability. As a result, the adoption of delivery robots across various end-use industries worldwide is driving the growth of the global market.

Delivery Robots Market Report Highlights

  • Load carrying capacity up to 10kg segment is expected to grow at fastest CAGR during the forecast period primarily due to high adoption in restaurants to deliver food parcels to doorsteps
  • 4 wheeler delivery robots segment held largest share in the global market in 2022. This is linked to large preference towards 4 wheeler robots among many companies
  • Food and beverages segment is dominated the global market in the fiscal year 2022. This is attributed to several market strategies implemented by food industry players
  • North America is expected to hold the largest share during forecast period due to significant presence of delivery robot manufacturing companies
  • The global market involves Boxbot, Ninebot, Kiwibot, Cleveron AS, Nuro, Inc., Robby Technologies, Panasonic Corporation, Piaggio & C., ST Engineering, and Starship Technologies

Polaris Market Research has segmented the Delivery Robots market report based on load carrying capacity, number of wheels, end use, and region:

Delivery Robots, Load Carrying Capacity Outlook (Revenue - USD Million, 2019-2032)

  • Up to 10 kg
  • More than 10 kg to 50 kg
  • More than 50 kg

 Delivery Robots, Number of Wheels Outlook (Revenue - USD Million, 2019-2032)

  • 3 Wheels
  • 4 Wheels
  • 6 Wheels

 Delivery Robots, End Use Outlook (Revenue - USD Million, 2019-2032)

  • Food and Beverages
  • Retail
  • Healthcare
  • Postal
  • Other

Delivery Robots, Regional Outlook (Revenue - USD Million, 2019-2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa