Restaurant Delivery Robot Market to Garner USD 99.3 BN by 2032, with 24.1% CAGR during 2023–2032
Research Reports
Sep 06, 2023
Restaurant Delivery Robot Market Insights
The global Restaurant Delivery Robot Market is poised to witness significant revenue growth. Significant innovations and investments made by Industry players would drive market growth. Market Research Future (MRFR) confirms that the global restaurant delivery robot market value will escalate from USD 11.5 BN in 2022 to USD 99.3 BN by 2032, with a 24.1% CAGR throughout the assessment period (2023-2032).
With regulations becoming standardized, the need for robot deliveries in the restaurant industry is expected to grow exponentially in the next few years. Moreover, expenses, and consequently the rising cost of operating a restaurant in general, are important factors influencing the appeal of restaurant automation. Major food delivery companies are increasingly investing in robotic delivery services.
Major restaurants and eateries are also increasingly investing in restaurant delivery robots to enable quick, hassle-free food deliveries. Several robotics startups aim to reinvent how food is delivered to nearby locations. Restaurant delivery robots are rapidly evolving and are available in more cities and regions worldwide. With technology upgrades and many new service providers entering the market, restaurant delivery robots will become more efficient and affordable.
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Major Players
Leading restaurant delivery robot market players are
- Robby Technologies,
- Amazon Robotics,
- Boston Dynamics,
- Cleveron,
- Eliport,
- Starship Technologies,
- Miso Robotics,
- Bear Robotics, Inc,
- Kitchen Robotics,
- Cyan Robotics,
- XRobotics,
- Relay Robotics,
- Dexai Robotics,
- Creator, and
- Robomart Inc., among others.
Restaurant Delivery Robot Market – Segments
The restaurant delivery robot market is segmented into robot types, services, restaurant types, load capacities, and regions. The robot type segment is sub-segmented into semi-autonomous and fully autonomous. The service type segment is sub-segmented into limited and full service.
The restaurant type segment is sub-segmented into independent and chained. The load capacity segment is sub-segmented into up to 10 kg, 10-15 kg, and more than 50 kg. By region, the restaurant delivery robot market is segmented into Europe, North America, Asia-Pacific, the Middle East & Africa, and others.
Global Restaurant Delivery Robot Market – Regional Analysis
North America leads the global restaurant delivery robot market due to the large presence of prominent market players. Moreover, the increasing use of restaurant delivery robots, alongside advances in robotics and autonomy, drives the market demand. Technology providers in the region are set to make a powerful impact in developing and shipping robots built to co-exist seamlessly in people’s lives.
Restaurant Delivery Robot Market – Competitive Analysis
Highly competitive, the restaurant delivery robot market appears fragmented, with several well-established players forming a competitive landscape. Technology providers substantially invest in product development and improving design concepts. Industry players focus on the global expansion of fully autonomous robot deliveries, seamlessly navigating indoor and outdoor environments.
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Industry/ Innovation/ Related News
Aug. 15, 2023 — Starship Technologies launched a robotic food delivery service at Wichita State University. Wichita State Dining rolled out a fleet of autonomous, on-demand robots to deliver food from various restaurants on campus. The service works with the student meal plan, and users can pay with Shocker dollars and credit cards. Users can download the Starship Deliveries app on their mobile devices and deliver food to any campus location.
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