The autonomous delivery robots market size has grown exponentially in recent years. It will grow from $1.36 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 35.8%. The growth in the historic period can be attributed to e-commerce growth, labor shortages, consumer preference for contactless services, increased investment and funding, and consumer demand for contactless delivery. The autonomous delivery robots market size is expected to see exponential growth in the next few years. It will grow to $6.38 billion in 2028 at a compound annual growth rate (CAGR) of 36.2%. The growth in the forecast period can be attributed to rising urbanization, increasing need for effective last-mile delivery solutions, regulatory support and infrastructure development, rising labor costs, and increased disposable income. Major trends in the forecast period include innovating technologies in autonomous delivery, integration of the latest technologies, robots with auto-navigating and autonomous decision-making skills, advancements in AI, and integration of machine learning.
Global Autonomous Delivery Robots Market Key Driver
The rapid growth in the military and defense sectors is expected to propel the growth of the autonomous beyond visual line of sight (BVLOS) drone market going forward. The military and defense sector refers to the organizations and activities involved in national security, including armed forces, defense agencies, and military equipment and technology production. The rapid growth in the military and defense sectors is driven by increasing geopolitical tensions, rising defense budgets, and advancements in technology. Autonomous beyond visual line of sight (BVLOS) drones enhance the military and defense sectors by enabling long-range surveillance, reconnaissance, and logistics operations without requiring direct human control, improving operational efficiency and safety. For instance, in August 2024, according to USA Facts, a US-based not-for-profit, nonpartisan civic initiative, the US military spent approximately $820.3 billion in 2023, accounting for roughly 13.3% of the federal budget, while in March 2023, the Department of Defense requested $842.0 billion for 2024, reflecting a 2.6% increase. Therefore, rapid growth in the military and defense sectors drives growth in the autonomous beyond visual line of sight (BVLOS) drones market.
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Global Autonomous Delivery Robots Market Segments
The autonomous delivery robots market covered in this report is segmented –
1) By Product: Fully Autonomous, Semi-Autonomous
2) By Component: Hardware, Software
3) By Payload Capacity: Light Payload (Up To 5 Kg), Medium Payload (5 Kg – 20 Kg), Heavy Payload (More Than 20 Kg)
4) By End-Use: Healthcare, Hospitality, Retail, Logistics, E-commerce, Food And Beverages, Other End Uses
By Geography:The regions covered in the autonomous delivery robots market report areAustralia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the autonomous delivery robots market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period.
Major Autonomous Delivery Robots Industry Players
Amazon Robotics LLC, JD.com Inc., Alibaba Group Holding Limited, Panasonic Holdings Corporation, Rakuten Mobile Inc., KEENON Robotics Co. Ltd., Nuro Inc., Kiwibot U, Pudu Robotics Inc., Aethon Inc., Segway Robotics Inc., SEER Robotics Group LLC, Ottonomy.IO Inc., Bear Robotics, Starship Technologies Ltd., Refraction AI Inc., Doozy Robotics, Aitonomi AG, Clevon Corp, DriveU.auto, Relay Robotics Inc., Serve Robotics Inc., TeleRetail AG
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Autonomous Delivery Robots Market Overview
Autonomous delivery robots are self-operating machines designed to transport goods from one location to another without human intervention. They use a combination of sensors, cameras, GPS, and advanced algorithms to navigate and avoid obstacles, often operating on sidewalks or designated pathways. Autonomous delivery robots are used for delivering packages, groceries, or even meals, aiming to increase efficiency and reduce the need for human labor in the delivery process.
Autonomous Delivery Robots Global Market Report 2023 provides data on the global autonomous delivery robots market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The autonomous delivery robots market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
