The Regulatory Initiatives Set Up By the Government to Boost the Growth of Autonomous Delivery Robots Market
Autonomous Delivery Robots Market, By the End-User (Healthcare, Hospitality, Retail and Logistics), By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030
The global Market is estimated to be valued at US$ XX million in XXX and is expected to exhibit a CAGR of XX% over the forecast period, as highlighted in a new report published by Coherent Market Insights.
One of the effects of the Covid-19 pandemic has been to increase a move towards new techniques that can aid people maintain social distancing norms and stay protective and secure. In the first wave of corona, numerous people have uncovered autonomous delivery robots as they preferred to stay distant from crowded shops and get a delivery without any contact. When these small, pocket sized, autonomous delivery robots were previously in usage before the coronavirus – with industries such as Amazon and FedEx started experiments with their robots to transport packages in 2019, need for them is currently expanding strongly.
The Autonomous Delivery Robots Market was valued at US$ 0.52 Mn in 2021 and is forecast to reach a value of US$ 13.74 Mn by 2030 at a CAGR of 43.4% between 2022 and 2030.
Competitive Landscape:
Key players included in the growth of the global autonomous delivery robots market are Robby Technologies, ANYbotics AG, Starship Technologies, Segway Robotics Inc., Marble Robot Inc., Eliport, Cleveron AS, TeleRetail, Box Bot Inc., Postmates Inc., Robomart Inc., Kiwibot, Udelv Inc., Savioke Inc., Nuro Inc., Neolix, Effidence and Aethon Inc.
Market Key Drivers:
The regulatory initiatives set up by the government are expected to augment the growth of global market. For instance, the European Commission has set an initiative of decarbonization by 2050, with a few instant aims in 2020 and 2030.
The rising healthcare expenditure and adoption of autonomous delivery robots is anticipated to propel the growth of the global market. For instance, as per IBEF, in 2020, the approximate expenditure on healthcare in India valued at US$ 194 billion and is anticipated to rise, reaching US$ 372 billion in 2022.
Covid-19 Impact Analysis:
The Covid-19 outburst had led to the adverse effect on the growth of the global autonomous delivery robots market owing to the strict execution of shutdown by the organizations. The disruption in the supply chain of the automotive parts being transported from one place to other and the closure of several organizations led to the delay in supply of goods
Key Takeaways:
The global autonomous delivery robot market is anticipated to exhibit a CAGR of XX % during the forecast period owing to collaborations, frequent approvals and quick launches of products, and product innovations. For instance, In July 2021, Sheba Medical Center collaborated with Seamless Vision, to create an innovative Autonomous Logistics Infrastructure.
Among regions, North America, Europe and Asia Pacific are expected to witness robust growth in the global autonomous delivery robot market due to rising demand product launches, collaborations and increasing partnerships and rising investments for product expansion. For instance, In July 2021, Amazon declared to spend in a new Amazon Scout Development Center (ASDC) in Finland to aim mostly on autonomous package delivery solutions.
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