Revolutionizing Logistics: Delivery Robots Market to Hit $1.8 Billion by 2028

The Delivery Robots Market Size is projected to grow from USD 0.4 Billion in 2023 to USD 1.8 Billion by 2028; it is expected to grow at a CAGR of 33.7% during the forecast period.

A rise in venture funding will drive the Delivery Robots market growth in the coming years. Cost reduction achieved in last-mile delivery through delivery robots has accelerated the development of delivery robots, further strengthening the market growth. Deploying autonomous delivery robots companies for product delivery will reduce labor costs significantly, constituting only 20–25% of the total delivery cost.

The report aims to define, describe, and forecast the delivery robots industry size based on load-carrying capacity, offering, number of wheels, speed limit, end-user industry, and region.