Delivery Robots Market -Forecast (2023 - 2028)

The Delivery Robots Market is estimated to grow at a CAGR of 30.25% during the forecast period 2022-2027 and reach $1,363.2 million by 2027, from around $301.5 million in 2021. This growth is majorly attributed to the rising demand from food delivery services and also the soaring demand from e-commerce. As stated by World Economic Forum, E-commerce sales had already grown sixfold globally from $550 billion in 2010 to $3.5 trillion in 2019 even before the pandemic forced much of the world to embrace online shopping.

It has also stated that in just the first three months of the pandemic, the UK. and US recorded surges in online sales volumes that exceeded the entire growth of the previous decade. With this, the demand for delivery robots is analysed to grow.

A delivery robot is an autonomous robot that provides delivery services. In certain cases, an operator may monitor and take control of the robot remotely where the robot cannot resolve events such as stuck in an obstacle and so on. The market is in early growth rate and is analysed to grow at a significant rate during forecast period owing to the rising adoption of autonomous systems. This skyrocketing demand in e-commerce sector is intensifying pressure on delivery networks, especially in “the last mile” from distribution centre to consumer, thereby contributing to the demand.



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