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Delivery robot companies Market Segments and Key Trends 2020-2023

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Monica Nerkar

Market Research Future (MRFR), in its latest “delivery robot companies Market” report, states that the global market of delivery robot companies is expected to strike a CAGR of about 17.6% during the forecast years of 2018 to 2025 and touch a valuation of USD 31.37 million by 2025. The advent of artificial intelligence and its application in robotics is responsible for the emergence of latest technologies, such as delivery robot companies. The extensive application of delivery robot companies for the delivery of couriers is expected to boost the expansion of the global delivery robot companies market. The delivery robot market is expected to experience an escalation in the market valuation owing to the rise in the use of technologies, such as cameras, ultrasonic sensors, radar, GPS, Lidars, and others. delivery robot companies are assisting enterprises to save money that is expected to work in favor of the market. Delivery robot is trending as it effectively resolves delivery of moving goods across large mile. This holds high scope for investors that can generate high revenue during the forecast years. With increase in investments for research and developmental undertakings for innovations in autonomous cars the need for delivery robot companies is surging. In addition, the presence of companies, such as DHL, Amazon, and UPS and other logistics and supply chain management solution developers those test robots and drones for deliver purposes can improve the health of the delivery robot companies market.

Market Segmentation

The worldwide market of delivery robot companies is segmented by component, type, load carrying capacity, and vertical. By component, the delivery robot companies market is classified into software, hardware, and services. By load carrying capacity, the market is segmented into 10.01-50kg, Up to 10kg, and more than 50kg. By type, the market of delivery robot companies is classified into semi-autonomous and fully autonomous. The growing automation trend is expected to surge the adoption of automatic delivery robot companies. Hence, the autonomous segment is expected to gain traction for the forecast period. By vertical, the market is segmented into retail & ecommerce, food & beverages, postal, healthcare and pharmaceutical, and others. Delivery robot trends across the postal and retail industry. This is expected to contribute significantly to the growth of the delivery robot companies market.

Detailed Regional Analysis

The delivery robot market growth in North America is expected to be exponential. The market in North America is expected to dominate during the evaluation period. The early adoption of advanced technologies is expected to bolster the regional market growth. In Europe, the market is expected to generate lucrative revenue for the market during the assessment period. The increase in the adoption of delivery robot in North America and Europe due to the rise in need for fast courier services is expected to boost the expansion of the market in these regions. The presence of highly developed IT sector in regions, such as the US, Mexico, and Canada can prompt the growth of the market. The market in APAC is expected to experience exponential growth, registering a high CAGR in the forecast period. The growing need to provide fast courier services is expected to propel the expansion of the delivery robot companies as their adoption increases. The growing cognizance of delivery robot companies is expected to impel the market in APAC.

Market Key Players

MRFR listed some eminent players of the global delivery robot companies market. They are; Robby Technologies (US), Amazon Robotics (US), Boston Dynamics (US), Robomart (US), Starship Technologies (US), Eliport (Spain), Jd.Com (China), Panasonic (Japan), Savioke (US), Nuro (US), Dispatch (US), Marble (US), Teleretail (US), Piaggio Fast Forward (US), and BoxBot (US).

Free Report sample @ https://www.marketresearchfuture.com/reports/delivery-robots-market-7551 

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Monica Nerkar
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