Dublin, Feb. 14, 2019 (GLOBE NEWSWIRE) -- The "Delivery Robots Market by Load Carrying Capacity, Component, Number of Wheels, End-User Industry, and Geography - Global Forecast 2024" report has been added to ResearchAndMarkets.com's offering.

The delivery robots market is expected to grow from USD 11.9 billion in 2018 to USD 34.0 billion by 2024, at a CAGR of 19.15% during the forecast period.

There are numerous giant online retailers in the global market, along with the emerging ones. Even some giant offline retailers are going online because people all over the world have started preferring online shopping owing to the huge discount and smooth delivery at their doorstep. The introduction of autonomous delivery robots in e-commerce will not only give customers greater convenience at a lower cost but also significantly alter the competitive landscape. Hence, the reduction in costs of last-mile deliveries is one of the key factors driving the market growth. However, stringent regulations pertaining to operations of delivery robots act as a key restraining factor for the market growth. The delivery robots market for software to grow at a higher CAGR during forecast period Owing to technological advancements, robot OEMs have started integrating data analytics platforms, such as big data analysis and predictive analysis, into the robotic system. With the help of the software, a delivery robot can perform various tasks, such as route mapping and navigation, dynamic path planning, and obstacle identification. The fast growth of the market for software can also be attributed to the increased demand for delivery robots with auto navigation and autonomous decision-making capabilities. The market for 6-wheeled delivery robots to grow at a high CAGR from 2018 to 2024 6-wheeled delivery robots can run on different types of terrain in a balanced way. In APAC, countries such as India and China will opt for 6-wheeled delivery robots, which would be widely used for the delivery of food items and beverages. Most of the 6-wheeled delivery robot manufacturers offer a delivery robot with all-wheel drive capability. This feature allows the robot to handle the toughest and steepest hill with an ability to drive 20 miles in a single charge, and these robots are costlier than 4-wheeled delivery robots, which is the key factor fueling the growth of the market for 6-wheeled delivery robots. North America to dominate the delivery robots market in 2018 North America is expected to hold the largest share of the delivery robots market in 2018. The dominance of North America can be attributed to the increasing demand for delivery robots in the retail industry and growing labor charges for last-mile deliveries. Apart from the retail industry, the delivery robots have also been adopted for delivering food items and beverages to the university and corporate campuses specifically in the US, which also is one of the key driving factors for the delivery robots market in North America. Further, restrictions on using drones for delivery applications create a growth opportunity for the delivery robots market in the region.

Key Topics Covered:

1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Attractive Growth Opportunities in Delivery Robots Market 4.2 Delivery Robots Market, By Load Carrying Capacity 4.3 Delivery Robots Market Share, By Component 4.4 Delivery Robots Market Share in APAC, By End-User Industry vs By Country 4.5 Delivery Robots Market, By End-User Industry 4.6 Delivery Robots Market, By Country 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Reduction in Delivery Costs in Last-Mile Deliveries 5.2.1.2 Increase in Venture Funding 5.2.2 Restraints 5.2.2.1 Stringent Regulations Pertaining to Operations of Delivery Robots 5.2.3 Opportunities 5.2.3.1 Worldwide Growth of E-Commerce Market 5.2.3.2 Restrictions on Use of Drones for Delivery Services 5.2.4 Challenges 5.2.4.1 Limited Range of Operation 5.2.4.2 Operations in Populated Areas Creating Safety Issues 5.3 Investment Analysis 5.4 Value Chain Analysis 5.5 Use Cases: Delivery Robots Market 5.5.1 Nuro Autonomous Delivery Robots Providing Cost-Effective Grocery Delivery Services for Kroger 5.5.2 Kiwibots Providing Low-Cost Food Delivery Services in University Campuses 5.5.3 Autonomous Delivery Robots Providing Efficient Last-Mile Delivery of Postal Parcels 6 Delivery Robots Market, By Load Carrying Capacity 6.1 Introduction 6.2 Up to 10 Kg 6.2.1 Adoption for Delivery of Food Parcels and Beverages Drives Market Growth for Delivery Robots With Load Carrying Capacity of Up to 10 Kg 6.3 10.01-50.00 Kg 6.3.1 Adoption for Delivery of Groceries Drives Market Growth for Delivery Robots With Load Carrying Capacity of 10.01-50.00 Kg 6.4 More Than 50.00 Kg 6.4.1 Adoption for Delivery of Heavy Parcels Drives Market Growth for Delivery Robots With Load Carrying Capacity of More Than 50.00 Kg 7 Delivery Robots Market, By Component 7.1 Introduction 7.2 Hardware 7.2.1 Ultrasonic/Lidar Sensors 7.2.1.1 Ability of Lidar Sensors to Provide High-Resolution, Three-Dimensional Information About Surrounding Environments Drives Their Use in Delivery Robots 7.2.2 Chassis and Motors 7.2.2.1 Ability of Chassis to Provide Stability to Robots Increases Their Demand 7.2.3 Control Systems 7.2.3.1 Growth of Delivery Robots Market for Control Systems Attributed to Worldwide Evolution of Completely Autonomous and Ai-Integrated Robots 7.2.4 Radars 7.2.4.1 Demand for Radars to Be Mounted on Delivery Robots Driven By Need to Avoid Collision 7.2.5 GPS 7.2.5.1 Use of GPS Tracking System for Monitoring Route and Progress of Delivery Robots 7.2.6 Cameras 7.2.6.1 Utilization of Different Types of Cameras Enable Delivery Robots to Detect and Identify Objects in Their Path 7.2.7 Others 7.3 Software 7.3.1 Fleet Management Software 7.3.1.1 Fleet Management Software Enabling Robots to Operate Collectively 7.3.2 Computer Vision 7.3.2.1 Implementation of Computer Vision Software for Dynamic Path Planning and Obstacle Identification Applications 8 Delivery Robots Market, By Number of Wheels 8.1 Introduction 8.2 3 Wheels 8.2.1 3-Wheeled Delivery Robots Likely to Simplify Industrial Logistic Operations 8.3 4 Wheels 8.3.1 4 Wheels Make Rotating In-Place Easy for Delivery Robots 8.4 6 Wheels 8.4.1 6 Wheels Provide High Stability to Delivery Robots 9 Delivery Robots Market, By Speed Limit 9.1 Introduction 9.2 Up to 3 kph 9.2.1 Demand for Delivery Robots With Speed Limit of Up to 3 kph Driven By Their Applications in Healthcare Industry 9.3 3 kph to 6 kph 9.3.1 Robots With Speed Limit of 3 kph to 6 kph Suitable for Delivery of Packages, Mails, Important Documents, and Food Items 9.4 Higher Than 6 kph 9.4.1 Ability to Deliver Goods in Short Time to Fuel Market for Robots With Speed Limit of Higher Than 6 kph 10 Delivery Robots Market, By End-User Industry 10.1 Introduction 10.2 Food & Beverages 10.2.1 Food & Beverages Industry Held Largest Share, in Terms of Volume, of Delivery Robots Market in 2017 10.3 Retail 10.3.1 Increasing Adoption of Delivery Robots for E-Commerce Deliveries to Drive Market for Retail Industry 10.3.2 Rising Adoption of Robots for Cargo Deliveries to Propel Market Growth During Forecast Period 10.3.3 Increasing Adoption of Robots for Grocery Deliveries Owing to Reduced Cost of Delivery Than That of Using Traditional Methods 10.4 Healthcare 10.4.1 Delivery Robots Help Hospitals to Optimize Labor Productivity 10.5 Postal 10.5.1 Adoption of Delivery Robots for Package Deliveries to Drive Market for Postal Industry 10.6 Others 11 Geographic Analysis 11.1 Introduction 11.2 North America 11.2.1 US 11.2.1.1 US to Account for Largest Share of Global Delivery Robots Market in 2018 11.2.1.2 Regulations in the US 11.2.2 Canada 11.2.2.1 Canadian Market Growth Driven By Increasing Grants and Funds By Government for Encouraging Developments Related to Robotics 11.2.3 Mexico 11.2.3.1 Among All North American Countries, Market in Mexico to Grow at Highest CAGR During Forecast Period 11.3 Europe 11.3.1 UK 11.3.1.1 Market Growth in UK Propelled By Significant Adoption in Food & Beverages Industry 11.3.2 Germany 11.3.2.1 Adoption of Delivery Robots for Delivering Food Items and Goods to Grow Significantly Owing to Increasing Working Population in Germany 11.3.3 Switzerland 11.3.3.1 Among All European Countries, Market in Switzerland to Grow at Highest CAGR During Forecast Period 11.3.4 Rest of Europe 11.4 APAC 11.4.1 China 11.4.1.1 Adoption of Delivery Robots for E-Commerce Deliveries Drives Market Growth in China 11.4.2 Japan 11.4.2.1 Adoption of Delivery Robots to Fulfil Requirements of Aging Population Surge Market Growth in Japan 11.4.3 South Korea 11.4.3.1 Food & Beverages Industry to Drive Market in South Korea During Forecast Period 11.4.4 Rest of APAC 11.5 RoW 11.5.1 Middle East & Africa 11.5.1.1 Market in Middle East & Africa to Grow at Higher CAGR Owing to Increasing Adoption of Delivery Robots for Hospitality and Food Delivery Services 11.5.2 South America 11.5.2.1 Adoption of Delivery Robots for E-Commerce Deliveries Drives Market Growth in South America 12 Important Safety Components of Delivery Robots 12.1 Safety Sensor 12.2 Inertia Measurement Unit 12.3 Safety Camera 13 Competitive Landscape 13.1 Introduction 13.2 Ranking Analysis of Delivery Robots Market Players, 2017 13.3 Competitive Situations and Trends 13.3.1 Product Launches 13.3.2 Partnerships and Collaborations 13.3.3 Acquisitions 13.3.4 Expansions 13.3.5 Contracts and Agreements 14 Company Profiles 14.1 Key Players 14.1.1 Starship Technologies 14.1.2 Jd.Com (Jingdong) 14.1.3 Panasonic System Solutions Asia Pacific 14.1.4 Savioke 14.1.5 Nuro 14.1.6 Amazon Robotics 14.1.7 Robby Technologies 14.1.8 Boston Dynamics 14.1.9 Robomart 14.1.10 Eliport 14.2 Other Players 14.2.1 Dispatch 14.2.2 Piaggio Fast Forward 14.2.3 Marble 14.2.4 Teleretail 14.2.5 Box Bot 14.2.6 Kiwi Campus

For more information about this report visit https://www.researchandmarkets.com/research/t...llion?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 Related Topics: Robotics