Global Delivery Robots Market worth USD 36.45 Million by 2024

Global Delivery Robots Market worth USD 36.45 Million by 2024

Pune, India, February 21, 2019 -- /360iResearch/ -- The report "Global Delivery Robots Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)", published by 360iResearch, states that the global market was valued at USD 9.28 million in 2017 and is projected to reach USD 36.45 million by 2024, growing at a CAGR of 21.58% from 2017 to 2024.

The major forces driving the growth of the delivery robots market include the need to manage cost-effective last mile deliveries and increasing investment raised by the startups and robot courier providers. Moreover, need for better efficiency in supply chain processes such as logistics is also one of the factors that is driving the market growth. However certain factors such as the regulations concern related to operations of delivery robots may hinder the market growth. In the middle of difficulty lies opportunity such as the rapid penetration of ecommerce, and increase adoption of delivery robots owing to restrictions on the use of drones for delivery services. The possible challenges for the market growth are limited range of operation, and weather conditions and security issues in populated areas. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on component, the global delivery robots market is studied across Hardware, and Software. Based on load carrying capacity, the global delivery robots market is studied across 10.01–50.00 Kg, More Than 50.00 Kg, and Up to 10 Kg. Based on number of wheels, the global delivery robots market is studied across 3 Wheels, 4 Wheels, and 6 Wheels. Based on safety components, the global delivery robots market is studied across Inertia Measurement Unit, Safety Camera, and Safety Sensor. Based on speed, the global delivery robots market is studied across 3 kph to 6 kph, Higher Than 6 kph, and Up to 3 kph. Based on industry, the global delivery robots market is studied across Food & Beverages, Healthcare, Postal, and Retail. Based on geography, the global delivery robots market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the delivery robots market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Amazon Robotics, Boston Dynamics, Box Bot, Dispatch, Eliport, Jd.Com, Kiwi Campus, Marble, Nuro, Panasonic System Solutions Asia Pacific, Piaggio Fast Forward, Robby Technologies, Robomart, Savioke, Starship Technologies, and Teleretail.

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