Global Outdoor Delivery Robot Market is anticipated to witness a major jump in its revenue from US$ 40.32 Mn in 2021 to US$ 105.08 Mn by 2027. The market is registering a CAGR of 17.3% over the forecast period 2022-2027. In terms of volume, the market is registering a CAGR of 19.6% over the projection period. Outdoor delivery robot is an autonomous robot that provides delivery services. It is a substitute for a delivery person. Outdoor delivery robots offer various advantages over the traditional method of delivery including, cost efficiency, faster services to the customers, and accuracy of delivery, among others. Food delivery, parcel delivery, medical delivery, postal delivery, and search & rescue are the various applications of the Outdoor delivery robots.
The growing impetus of the market is attributed to factors such as advancements in technologies such as AI (Artificial Intelligence) and machine learning, reduction in the overall cost of last-mile deliveries and government regulations regarding environmental emission. Rising digitalization, automation, and robotics with the use of AI, cloud technology and big data analytics in the delivery processes with the integration of Industry 4.0 is fostering the growth of the outdoor delivery robots’ market. Furthermore, outdoor delivery robots are increasingly being adopted for new applications due to various advantages such as increased efficacy, streamlined processes, and greater security of products being delivered. The biggest advantage of using delivery robots is reduction in cost of operation and high return on investment. Moreover, as the labor cost is increasing across the globe, outdoor delivery robots are a significant alternative to humans. Furthermore, the increasing emission of harmful gases from vehicles contributes a lot to environmental degradation due to which delivery robots are being preferred by the governments across the globe. However, the high initial investments and the potential job loss may hinder the market over the forecast period.
Key Insights of the Report:
Key Takeaways from the Global Outdoor Delivery Robot Market Report:
Competitive Landscape
Key players in the Global Outdoor Delivery Robots Market are Amazon.com Inc., DHL International GmbH, FedEx, Matternet Inc., Rakuten Inc, DJI Technology Co, Kiwibot, Starship Technologies, and Alibaba DAMO, among others. Through extensive research, it is found that big players have adopted various competitive strategies such as mergers & acquisitions in order to have a grip of emerging market. Furthermore, leading companies are expanding their geographical boundaries by acquiring small brands and domestic companies.
Recent Developments in the Global Outdoor Delivery Market:
Segmentation Overview
The following are the different segments of the Global Outdoor Delivery Robots Market:
By Component segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Robot Type segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Operations segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Payload segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Application segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Industry segment of the Global Outdoor Delivery Robots Market is sub-segmented into:
By Regionsegment of the Global Outdoor Delivery Robots Market is sub-segmented into:
Outdoor delivery robots offer various advantages over the traditional method of delivery including, cost efficiency, faster services to the customers, and accuracy of delivery among others.
Food delivery, parcel delivery, medical delivery, postal delivery, and search & rescue are the various applications of the outdoor delivery robots.
Global Outdoor Delivery Market was valued at US$ 40.32 Mn in 2021.
Global Outdoor Delivery Robots Market is projected to expand at a CAGR of 17.3% over the forecast period.
The growing impetus of the market is attributed to factors such as advancements in technologies such as AI and machine learning, reduction in the overall cost of last-mile deliveries and government regulations regarding environmental emission.
The high initial investments and the potential job losses may hinder the market over the forecast period.
Shifting customer preference towards automated delivery is presenting a lucrative opportunity for market expansion over the forecast period.
The various segments considered to analyze the Global Outdoor Delivery Robots Market are based on component, robot type, operations, pay load, applications, industry, and region.
Food delivery segment has the highest share in the Global Outdoor Delivery Robots Market in 2021.
Hardware component has the highest share in the Global Outdoor Delivery Robots Market in 2021.
Asia Pacific dominates the Global Outdoor Delivery Robots Market.
The key players in the global outdoor delivery robots market are Amazon.com Inc., Rakuten Inc, DJI Technology Co, Kiwibot, Starship Technologies, and Alibaba DAMO among others.
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