2019-2024 Autonomous Delivery Robots Market Latest Opportunities, Industry Growth Rate by Market Size & Share and Forecast Analysis
This “Autonomous Delivery Robots Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Autonomous Delivery Robots market can use for expanding their business in untapped market to increase their customer base.
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Autonomous Delivery Robots Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
Retail and Logistics Segment is Expected to Register a Significant Growth
Retail and logistics is the largest end user for autonomous delivery robots, globally. The increasing presence of e-commerce players and omnichannel retailers worldwide is the primary factors driving the demand for autonomous delivery robots, especially for last mile delivery.
Although there are several initiatives for airborne delivery systems, such as the Amazon Prime Air, they are not efficient enough to bridge the gaps in last mile delivery and logistics. But in the case of autonomous delivery robots, they can serve more customers at more economics costs, traveling more distances in a much safer manner. In the current market scenario, most of the pilot programs and innovations made for the autonomous delivery robots are targeted to address the last mile delivery problems. In many countries across the world, they are even functional in several cities. Countries like the United States, Japan, China, and several other European countries have a considerable number of services that are already using autonomous delivery robots for last mile deliveries.
For example, as of June 2018, JD.com, the second largest e-commerce player in China after Alibaba, started last mile deliveries using autonomous robots in Beijing. Previously, the company also employed autonomous delivery robots in several closed areas, such as college campuses and closed-off industrial communities, staying ahead in the competition.
North America is Expected to Hold Highest Market Share
North America is the largest market for autonomous delivery robots in the current market scenario. When compared to other regions, North America has a high number of startups and manufacturers working toward the growth of the autonomous delivery robots technology.
Also, the adoption of autonomous delivery robots across several end users in the region is comparatively high when compared to other parts of the world. In the hospitality and retail and logistics segments, the demand for these robots is very high; many retail and hospitality players are partnering with manufacturers to have a first-hand experience of the prototypes. For example, North America has a high degree of demand from the hospitality sector. Delivery robots are helping many prime hospitality establishments to gain tremendous attraction from media, which is an important channel in the region that influences tourists’ decision to select a hotel or resort.
In fact, according to the E-commerce foundation, North America has the highest social network penetration rate in the world at 66%, while the global average penetration rate stood at 37% in 2017. Despite the reduction of labor costs, installation of delivery robots also help hospitality establishments to gain popularity on social networks, helping them to improve their RevPAR. Such advantages are expected to keep a constant demand for autonomous delivery robots from the hospitality sector.
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Target Audience of Autonomous Delivery Robots Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Autonomous Delivery Robots Market Report:
- Analyzing various perspectives of the Autonomous Delivery Robots market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Autonomous Delivery Robots market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Autonomous Delivery Robots market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Autonomous Delivery Robots market studied, during the forecast period
- The segments that are expected to dominate the Autonomous Delivery Robots market studied.
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