According to Goldstein Research, “Emergence of artificial intelligence technology and growing huge expenditure over R&D robotic technology projected to drive the growth of global autonomous delivery robots market.”
Major developed countries of Europe and North America region are witnessing the deployment of autonomous delivery robots on roads. Huge funding for research and development of autonomous delivery robots and technological innovations led the big market players to shift towards future technologies for better efficiency and productivity of their businesses.
Global autonomous delivery robots market is segmented into product types such as autonomous and semi-autonomous delivery robots. Among these segments, semi-autonomous robots are expected to dominate the global autonomous delivery robots market. Semi-autonomous delivery robots are expected to witness fast deployment on roads as they face fewer challenges from regulatory authorities as they are remotely monitored and controlled by the service providers.
Geographically, Europe region dominated the global autonomous delivery robots market with Germany and U.K expected to grow at 5.0% annually in Western Europe. Europe is expected to closely follow by North-America owing to favorable government policies framed recently in some districts of United States. Asia-Pacific is projected to grow at slow pace with China and Japan dominating the region.
Artificial Intelligence (AI) in Delivery Robots: Innovation
Delivery robots are now able to navigate their own way autonomously to a customer's address. Autonomous delivery robots can sense their surrounding and can learn from them simultaneously. Marble Robot Inc. is one of the company developing autonomous robots in United States. Yelp Eat 24, a major food delivery provider in U.S teamed up with Marble to deliver food in selected neighborhoods of San Francisco.
Adoption Rate in Developed Regions: Major Breakthrough
Early adoption of delivery robots can be seen in developed countries owing to high labor costs and favorable infrastructure for autonomous delivery robots. Labor cost in developed countries is high enough to make significant return on investment. In developing countries, labor costs are low enough to prevent any major technology impact in delivery system over next five to ten years.
“Global Autonomous Delivery Robots Market Outlook 2024” contains detailed overview of the global autonomous delivery robots market in terms of market segmentation by product type and by end-users.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Autonomous Delivery Robots Market Report also includes provides competitive outlook of some of the major players which includes profiling of companies such as ABB Ltd., Savioke, Anybot, Rethink Robotics, Hajime Research Institutes, Starship Technology, Marble Robot Inc., Aethon, Carbon Robotics, 3D Robotics. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global delivery robots market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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