Aethon Inc. has announced its entry into the hospitality market with the launch of its new robot. Through this, the company expects to double its revenue by moving into hotels.
Caterpillar Inc. has signed an agreement to acquire Marble, a startup company that makes delivery robots. This acquisition is expected to bring solutions to meet the changing needs of construction, quarry, industrial, and waste industries.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3857
Published Date: Aug 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing affordability and return on investment in infrastructure-light robots, and continued growth in the e-commerce industry are the major factors driving the market growth.
The market size of autonomous delivery robots is anticipated to attain a CAGR of around 35% over the forecast period, i.e., 2023 Ã¢â‚¬â€œ 2035.
The major players in the market are Aethon Inc., Aitonomi AG, Boston Dynamics Inc., JD.com, Inc., Kiwi Campus SAS, Nuro Inc., Piaggio & C. Spa, Postmates Inc., and Caterpillar Inc.
The retail & logistics segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.