Global Delivery Robots Market to Reach $4.8 Billion by 2030
The global market for Delivery Robots estimated at US$659.6 Million in the year 2023, is expected to reach US$4.8 Billion by 2030, growing at a CAGR of 32.6% over the analysis period 2023-2030. 4 wheels Delivery Robots, one of the segments analyzed in the report, is expected to record a 27.6% CAGR and reach US$1.4 Billion by the end of the analysis period. Growth in the 3 wheels Delivery Robots segment is estimated at 32.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $214 Million, While China is Forecast to Grow at 31.5% CAGR
The Delivery Robots market in the U.S. is estimated at US$214 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$795.8 Million by the year 2030 trailing a CAGR of 31.5% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.5% and 28% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 23.1% CAGR.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook