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Research delivers insight into the delivery robots market that is poised to reach at USD 93 billion by 2025

The global robotics market is poised for a burgeoned growth and is anticipated to value at around USD 93 Billion by 2025.

The delivery robots are being designed to provide a high-tech autonomous door-to-door delivery service to online shoppers all around the world. With the proliferation in the e-commerce industry, the global market of delivery robots is also expected to flourish over the forecast period.

Geographically, the global delivery robots market is segmented into North America, Latin America, Western and Eastern Europe, Asia-Pacific and rest of world. 

Market Segmentation

The global delivery robot market can be segmented on the basis of hardware and software, by technology, by components and by applications.

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Growth Drivers and challenges

Rising adoption of delivery robots by online retailers and healthcare sectors are some of the factors that are expected to drive the global delivery robots market over the forecast period.

In addition to this, growing industrialization and modernization in developing countries is believed to further augment the growth of global delivery robots market. 

However, high investments and lack of awareness are some of the factors that are outlined to dampen the growth of global delivery robots market in future.

Market Size and Forecast

North America is anticipated to be the largest delivery robots market across the globe over the forecast period. The market of delivery robots in North America is expected to get fuelled from easy availability of hardware and software devices in the country.

The North America delivery robots market is further divided into the U.S. and Canada out of which, former is expected to account for the largest share of delivery robots in the region by 2021.

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Europe is also forecasted to witness a strong growth in the delivery robots market owing to rising inclination of major robot manufacturers towards developing delivery robots in the region. Germany, Italy, France, Spain and U.K.

are the major markets of Europe delivery robots market.

Asia-Pacific region is anticipated to witness the highest compound annual growth rate (CAGR) during the forecast period owing to preferring online shopping over brick & mortar or offline stores, rising industrialization, increased personal disposable income, better GDP figures and manufacturing projects in countries like India, China, Taiwan and South Korea.   

Key Players

The global market of ergonomics keyboard is very competitive and includes some of the top players like Starship, 3D robotics, ABB, Aethon, Autonomous Solutions Inc., Carbon Robotics, DJI,.                               

For further detail follow the below mentioned link: www.researchnester.com/reports/delivery-robots-market-global-demand-analysis-opportunity-outlook-2021/45

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