(Daily Market Journal via Comtex) -- The market for autonomous delivery robots is expected to register a CAGR of more than 49.5% during the forecast period, 2019-2024. The ability to read remotely can reduce the intervals between billing readings, better prepare the business to understand future revenue streams or produce a continuous flow of capital. For example, smart gas meters take readings every half hour a day and send them to the supplier.
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The final kilometer of supply chain management and transport planning describes the movement of goods from a transport center to the final delivery destination.Delivery is typical of a home / personal residence and may involve large and bulky items that require installation or assembly inside a home or office. Consumers are becoming more sophisticated in what they demand from last mile delivery. About 20% to 25% of consumers would choose same-day or instant delivery if it was available at a low price. In addition, the e-commerce industry is constantly growing and showing no signs of stopping, especially since developing countries are jumping on the bandwagon.
This has led to the continued growth of courier, express and parcel services in different regions of the world, as home delivery has become the most preferred method of parcel delivery, especially among the millennial population. In addition, municipalities are considering regulating the use of these robots on the urban sidewalks of certain countries. For example, in December 2017, the city of San Francisco banned delivery robots from most of its sidewalks, forcing companies to test their robots in other cities.
Autonomous delivery robots started preparing food to wait for customers in San Francisco earlier in 2017 after Marble teamed up with Yelp Eat 24 to test its flagship delivery robot.The four-wheeled robot is the size of an office photocopier. However, some pedestrians in San Francisco have complained about walking on the sidewalks and posing a danger to humans. Therefore, in May, shortly after Marble's first bot rolled onto the sidewalk, San Francisco supervisor Norman Yee proposed to ban the use of technology in the city, citing problems of public security. These and other challenges will determine whether last-mile delivery robots will move from emerging technology to a broader offering. Thus, delivery robots are not likely to find easy use on crowded roads, which is the most common scenario in urban areas.
In addition, although the market is expected to grow, there are several challenges that should challenge automated last mile deliveries. Like autonomous cars, many tests of autonomous last-minute delivery robots take place in sunny places. Outdoor deliveries will test these vehicles in snowy, icy or rainy conditions.
For example, in Boston, where NuTonomy tested autonomous road vehicles in cooperation with city planners, snow and seagulls have become two of the biggest obstacles.In addition, since delivery robots can be understood as cyber-physical systems in the context of Industry 4.0, there must be the related regulatory framework of Industry 4.0 in international terms. Since some of the autonomous delivery robots currently available are still controlled remotely from a control center, a permanent exchange of data between the robot and the control center occurs, causing serious problems in terms of protection of data. Unless all companies choose to provide completely independent standalone delivery robots, such as Starship Technologies, this factor will jeopardize market growth.
Scope of the report
The advent of autonomous delivery robots (ADR) has revolutionized delivery systems, providing a cheaper and more efficient means of delivery. Although delivery robots have not experienced strong adoption, they are expected to experience strong growth in the future due to various benefits.
Key market trends
The retail and logistics segment is expected to post significant growth
Retail and logistics are the largest end user of autonomous delivery robots in the world. The growing presence of e-commerce players and omnichannel retailers around the world is the main driver of demand for autonomous delivery robots, particularly for last-mile delivery.
While there are several initiatives for airborne delivery systems, such as the Amazon Prime Air, they are not effective enough to fill gaps in last-mile delivery and logistics.But in the case of standalone delivery robots, they can serve more customers at more economical costs, traveling more distances much more safely. In the current market scenario, most of the pilot programs and innovations made for autonomous delivery robots are aimed at solving last mile delivery problems. In many countries around the world, they are even functional in several cities. Countries like the United States, Japan, China and several other European countries have a considerable number of services that already use autonomous delivery robots for last-mile deliveries.
For example, in June 2018, JD.com, the second largest e-commerce player in China after Alibaba, started last-mile deliveries using autonomous robots in Beijing. Previously, the company also used autonomous delivery robots in several closed areas, such as university campuses and closed industrial communities, to stay ahead of the competition.
North America is expected to have the highest market share
North America is the largest market for autonomous delivery robots in the current market scenario. Compared to other regions, North America has a large number of startups and manufacturers working on the growth of autonomous delivery robot technology.
In addition, the adoption of stand-alone delivery robots among several end users in the region is relatively high compared to other parts of the world. In the hotel and retail and logistics sectors, the demand for these robots is very high; many players in the retail and hospitality industries partner with manufacturers to gain first-hand experience with prototypes. For example, North America has strong demand from the hotel sector. Delivery robots are helping many top-notch hospitality establishments gain enormous media attraction, which is an important channel in the region that influences tourists' decision to choose a hotel or resort.
In fact, according to the E-commerce foundation, North America has the highest social media penetration rate in the world with 66%, while the global average penetration rate was 37% in 2017. Despite the reduction labor costs, installation of delivery robots also help hotel establishments gain popularity on social networks, helping them improve their RevPAR. These benefits are expected to maintain a constant demand for autonomous delivery robots in the hotel industry.
Competitive landscape
The market for autonomous delivery robots is very competitive and includes several major players. In terms of market share, few major players currently dominate the market.These major players with significant market shares focus on expanding their clientele abroad. These companies rely on strategic collaboration initiatives to increase their market share and profitability. Companies present on the market also acquire start-ups working on autonomous delivery robot technologies to strengthen their product capacities. In August 2018, Kroger Co. and Nuro Inc. announced that they have chosen Scottsdale, Arizona, as their city to test their product prototypes. Initially, the trails must be driven with an autonomous Toyota Prius,
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Table of Contents
1 INTRODUCTION
Study deliverables 1.2 Study hypotheses
1.3 Scope of the study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Need To Manage Last Mile Delievries
4.3.2 Need For Better Efficiency In Supply Chain Processes, Such As Logistics
4.4 Market Restraints
4.4.1 Weather Conditions And Security Issues
4.5 Industry Attractiveness Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers / Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Technology Snapshot
5 MARKET SEGMENTATION
5.1 By End User
5.1.1 Healthcare
5.1.2 Hospitality
5.1.3 Retail and Logistics
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Kiwi
6.1.2 Aethon
6.1.3 Dispatch
6.1.4 TeleRetail
6.1.5 Marble Robot Inc.
6.1.6 Starship Technologies
6.1.7 Robby Technologies
6.1.8 Savioke
6.1.9 Nuro
6.1.10 Eliport
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Investment Analysis
7.2 Future of the Market
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