Press release
Global Delivery Robots Market will multiply at an impressive CAGR by 2021 & Top Key Players Starship, 3D Robotics, ABB, Aethon, Autonomous Solutions Inc., Carbon Robotics, DJI and others
The global market of delivery robots is anticipated to grow with significant pace by the end of 2021 by expanding at a robust compound annual growth rate over the forecast period. Escalation of the e-commerce industry is anticipated to drive the demand for delivery robots owing to reducing human efforts and human errors combined with their smart ability to interact with surrounding environment. These factors are estimated to boom the delivery robots market with noteworthy revenue by the end of 2021.
In the regional segment, North America is anticipated to be the largest market of delivery robots across the globe owing to easy availability of hardware and software devices in the region. U.S. is expected to account for largest share of delivery robots as compared to Canada in North America region. Further, increasing inclination towards developing delivery robots by major robot manufacturers is estimated to drive the demand for delivery robots in Europe. Factors such as rising disposable income and industrialization are anticipated to drive the Asia Pacific delivery robots market with highest compound annual growth rate over the forecast period.
Rise in E-Commerce Reflects Significant Opportunities
The growth of the market is driven by preference of online shopping as compared to shopping in offline stores among customers which has led to the adoption of delivery robots by online retailers. Further, the adoption of delivery robots in healthcare sector, proliferation in the e-commerce industry combined with growing industrialization and modernization in developing countries are some of the factors that are anticipated to benefit the expansion of delivery robots market.
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However, high cost and lack of awareness is estimated to dampen the growth of delivery robots market in upcoming years.
The report titled “Delivery Robots Market: Global Demand Analysis & Opportunity Outlook 2021” delivers detailed overview of the delivery robots market in terms of market segmentation by hardware, software, by technology, by components, by applications and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
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This report also provides the existing competitive scenario of some of the key players of the delivery robots market which includes company profiling of Starship, 3D Robotics, ABB, Aethon, Autonomous Solutions Inc., Carbon Robotics, DJI and others.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the delivery robots market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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