Autonomous Delivery Robots Market Size 2022, Business Outlook And Various Segments And Subsegments 2030
The report “Autonomous Delivery Robots Market Share, Size, Trends, Industry Analysis Report, By Product (Fully Autonomous Robots, Semi-Autonomous Robots); By Component (Hardware, Software); By End-Use; By Region; Segment Forecast, 2022 – 2029” gives a detailed insight into current market dynamics and provides analysis on future market growth. Major factors driving the growth of the ADRs include the development of self-driving delivery robots and their benefits, the rapid adoption of robotics delivery by major players, and the adoption of the industry in grocery retail sectors.
According to the research report published by Polaris Market Research, The global autonomous delivery robots market size is expected to reach USD 2,111.3 million by 2029 according to a new study by Polaris Market Research.
These are not only self-driving but also extremely intelligent, capable of navigating public sidewalks safely and detecting impending obstacles. From Starship Technologies to Segway Robotics, several local robotics companies are taking on risky distribution missions, but they’re not alone. Amazon and Postmates, two of the most well-known supply services, have also taken on the robotics challenge.
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The final stage of delivering the product, from the warehousing or distribution center to the end-user, accounts for around 28% of the entire transportation cost in most supply chains. Congestion in urban areas, isolated places, incorrect address details, difficult-to-find destinations, and a severe labor scarcity for supplying on-demand distribution services are all variables that affect last-mile delivery. All of these obstacles are preventing the optimization of this phase. In e-commerce platforms, provide customers with better convenience at a lower cost and fundamentally alter the competitive landscape among major players.
Top Market Players
- Amazon Robotics
- Boston Dynamics
- Panasonic System Solutions Asia Pacific
- Robby Technologies
- Starship Technologies
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The majority of growth originates from developing countries in Asia and South America, where economic growth shapes consumer confidence and creates markets with larger disposable income. For instance, in the Philippines, the average family income was USD 5,087 in 2015, while Filipino families earned 16.8% more in 2018, averaging USD 5,941.5, while expenditure increased by 10.6%. Besides, spending has fueled demand for ADRs by increased disposable income due to economic expansion.
Polaris Market Research has segmented the autonomous delivery robots market report based on product, component, end-use, and region:
Autonomous Delivery Robots, Product Outlook (Revenue – USD Million, 2017 – 2029)
- Fully Autonomous
Autonomous Delivery Robots, Component Outlook (Revenue – USD Million, 2017 – 2029)
Autonomous Delivery Robots, End-Use Outlook (Revenue – USD Million, 2017 – 2029)
- Food & Beverages
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