AUTONOMOUS DELIVERY ROBOTS MARKET ANALYSIS

The technology for navigation still has scope for improvement to handle unforeseen circumstances effectively. The high costs associated with the development of autonomous capabilities and safety mechanisms are barriers for large-scale adoption. Regulatory concerns around autonomous vehicles operating amongst people impede the commercialization progress. Public perception and acceptance of relying on robots for deliveries need to gain more traction.

Market Opportunities: Expansion of services to remote areas

The logistics and e-commerce sectors are growing exponentially with demand for contactless deliveries rising amid pandemic scenarios. Successful demonstrations by pioneer companies have proven the technical and commercial viability. The costs are expected to reduce multi-fold with scaled production. Partnerships between robotics firms, retailers and restaurants are helping advance more practical solutions.