Autonomous Delivery Robots Market Insights on Current Scope 2030

The global autonomous delivery robots market size is projected to grow from USD 0.35 million in 2020 to USD 4.8 million by 2027, at a CAGR of 38.3% from 2021 to 2027. Autonomous delivery robots are robots that work automatically and are mainly used for delivery and service applications. Their adoption and applications in the healthcare, hospitality, retail, and logistics industries are only considered while evaluating the scope of the end-user segment.

Retailers and third-party logistics companies worldwide struggle to cope with volatile product demand, seasonal peaks, and rising consumer delivery expectations. Hence, efficiency and flexibility have become the primary needs in the e-commerce fulfillment market. As flexibility and efficiency are significant characteristics of autonomous delivery robots, retail and third-party logistics markets may offer massive opportunities for the vendors in the market studied. The growing opportunities in the market studied are also attracting robot manufacturers from other domains. For instance, in 2019, US-based Brain Corp., which collaborates with Walmart and Nilfisk for floor cleaning robots, expanded beyond floor care and into the delivery robot market. The technology for the usage of such delivery systems is yet to be refined, which could slow down the growth rate for the technology. Many cities and countries in the United States and Europe are skeptical about adopting Autonomous Delivery Robots, mainly due to security concerns. To overcome the security concerns, market vendors, like Starship, install locks and alarms on their autonomous delivery robots. Starship Technologies participated in the District's Personal Delivery Device pilot program in a recent test for the package delivery robot. They reported about three collisions that occurred during the operation. Various companies, such as Amazon with Amazon PrimeAir, Google with Project Wing, Geo Drone and GeoPaste, and DHL with PaketKopter, have projects that could be us