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Indoor Unmanned Delivery Robot Market Report Overview
The global Indoor Unmanned Delivery Robot market size was USD 17.0 million in 2021 and the market is expected to reach USD 1,382.32 million in 2031, exhibiting a CAGR of 56.94 % during the forecast period.
The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
Delivery robots are autonomous machines that deliver packages right to customers doorsteps without the need for any human involvement. Without a human driver, delivery robots can manoeuvre through crowds of people and crowded areas. The demand for products to be purchased online has increased as a result of increased internet usage and the growth of the e-commerce sector, necessitating the development of more effective delivery methods. Thus, the corporations have implemented a variety of product delivery services, including delivery robots.
The expansion of the indoor unmanned delivery robot market growth is projected to be significantly influenced by changes in the e-commerce industry and consumer desire for contactless delivery. Since the introduction of internet shopping and the growing propensity of consumers to purchase goods from an online source, there has been a growth in the demand for better and more effective delivery services for goods. Additionally, online merchants and grocery chains like Big Basket, Flipkart, and Amazon are creating delivery robots to handle last-mile deliveries of items.
COVID-19 Impact: Higher Demand due to COVID-19 Propels the Market Expansion
Due to COVID-19's short-term disruption and long-term structural changes, the e-commerce sector is expanding significantly, particularly in the grocery and homecare categories: For instance, the COVID-19 epidemic led to an increase in overall e-commerce industry sales. Additionally, during the pandemic, people chose to isolate themselves and chose contactless delivery for their daily necessities, which opened opportunities for delivery robots. The demand for indoor unmanned delivery robots is also anticipated to expand with the rising uptake of modern last-mile solutions including curbside pickup, package lockers, and delivery.
Latest Trends
"Development in the E-Commerce Sector to Expand Market Growth "
With the development of online shopping and consumers' propensity to purchase goods from an online source, the demand for a better and more effective delivery service for the products has developed. The e-commerce sector has experienced Indoor Unmanned Delivery Robot growth in many parts of the world during the last few years. The e-commerce sector is expanding as a result of elements including simple access to a variety of products, the availability of numerous options for a single product, estimated delivery times, and a range of shipping options, including easy returns and tracking options.
Indoor Unmanned Delivery Robot Market Segmentation
- By Type Analysis
According to type, the indoor unmanned delivery robot market can be segmented into With Camera and Without Camera.
In terms of type, With Camera segment is anticipated to be the largest segment during the forecast period.
- By Application Analysis
Based on application, the indoor unmanned delivery robot market can be divided into Commercial and Personal.
In terms of application, Commercial is projected to hold the largest market share through 2031.
Driving Factors
"Increase in Venture Funding to Widen Market Growth "
The food and beverage, retail, hotel, and healthcare industries benefit most from autonomous delivery robots. Comparing these robots to conventional electric vehicles reveals how much more effective and energy-saving they are. As a result, a number of venture capital firms are providing investment to businesses creating delivery robots. As a result, a number of venture capitalists are providing funding to businesses in the indoor unmanned delivery robot market so that they can give the upgraded degree of comfort and services that clients demand.
"Online Retailers in Small Businesses led to Increase the Market Growth"
Both established and new online retailers can be found on the global market. People all around the world have started favouring online shopping because of the significant discounts and seamless delivery to their doorstep. As a result, numerous enormous offline stores are moving online. Consequently, it is anticipated that the e-commerce platform would expand quickly. The expansion of the market for delivery robots is also aided by the burgeoning e-commerce sector. One of the main ways that e-commerce enterprises differentiate themselves in the online retail sector is through delivery. For instance, by guaranteeing same-day or next-day delivery, Amazon Prime has established a standard. Robotic delivery personnel can make deliveries based on customer requests.
Restraining Factors
"Strict Guidelines for the Operation of Delivery Robots led to Restrict Market Growth"
gadgets. Delivery robots are required to operate within a legal and regulated framework since they use a public traffic space meant for pedestrians. If a user or adjacent person is hurt or damaged by the delivery robot, most western legal authorities hold the maker liable for the tort of carelessness. When vehicles with heavy loaded loads collide, it may hurt pedestrians and destroy property. Because it might be a safe alternative, the transport programme is proposing to lower the load carrying capability of delivery robots. Therefore, as of right now, strict regulatory requirements serve as a barrier to the development of the indoor unmanned delivery robot market.
Indoor Unmanned Delivery Robot Market Regional Insights
"Growing Demand in Asia Pacific Anticipated to Boost Market Expansion "
The Asia Pacific region is predicted to have a significant indoor unmanned delivery robot market share due to growing public awareness of the advantages of utilizing delivery robots and the quick adoption of robotics in academic and educational institutions. In addition, the absence of any rules or oversight organizations in Asia Pacific nations for the use of delivery robots is promoting commercial expansion. In order to develop its futuristic smart logistic solution, one of the leading e-commerce businesses in the market intends to spend more to create an R&D center in conjunction with Xian National Civil Aerospace Industrial Base. One of the biggest companies is also working on creating robots that can check passengers in and out of hotels and airport lounges, transport food and drinks, and pick up and drop off bags.
Key Industry Players
"Adoption Experiential Marketing Services by Key Players Influencing Market Development"
The top key players in the market such as Segway Robotics, Techmetics, ZMP, Savioke, Tactile Robots, ZhenRobotics. Most of the top players hold the indoor unmanned delivery robot market shares. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates the indoor unmanned delivery robot market.
LIST OF TOP INDOOR UNMANNED DELIVERY ROBOT COMPANIES
- Segway Robotics(U.S.)
- Techmetics(U.S.)
- ZMP (U.S.)
- Savioke (U.S.)
- Tactile Robots (Italy)
- ZhenRobotics (Finland)
- PadBot (U.S.)
- Yogo Robot (U.S.)
- Bear Robotics (U.S.)
- Beijing Yunji Technology (China)
- CSJBOT(China)
- Shenzhen Pudu Technology (China)
- Shenzhen Excelland Technology (China)
- JHRobot (U.S.)
- Keenon Robotics (China)
Report Coverage
This report examines an understanding of the indoor unmanned delivery robot market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.
Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.
This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macro-economic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 17 Million in 2021 |
Market Size Value By |
US$ 1 Million by 2031 |
Growth Rate |
CAGR of 56.94% from 2021 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global indoor unmanned delivery robot market expected to touch by 2031?
The global indoor unmanned delivery robot market is expected to touch USD 1,382.32 million in 2031.
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What CAGR is the indoor unmanned delivery robot market expected to exhibit during 2022-2031?
The indoor unmanned delivery robot market is expected to exhibit a CAGR of 56.94% over 2022-2031.
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Which are the driving factors of the indoor unmanned delivery robot market?
Development in the E-Commerce Sector is the driving factor of the indoor unmanned delivery robot market.
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Which are the top companies operating in the indoor unmanned delivery robot market?
Segway Robotics, Techmetics, ZMP, Savioke, Tactile Robots, ZhenRobotics, PadBot are the top operating companies in the indoor unmanned delivery robot market.