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Outdoor Autonomous Robot Market Size

Report ID: GMI5493
Published Date: Mar 2023
Report Format: PDF

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Outdoor Autonomous Robot Market Size

Outdoor Autonomous Robot Market size was recorded at more than USD 150 million in 2022. The industry is anticipated to grow at over 16% CAGR from 2023 to 2032 driven by substantial R&D investments, product innovations, and increased consumer awareness related to robotic benefits.

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Supportive government initiatives and investments in robot manufacturing companies are fostering market growth. Various governments are investing heavily in robotics businesses to encourage the use of robots for security and deliveries. In addition, the demand for outdoor autonomous robots is positively influenced by product rules and policies in nations.

Outdoor Autonomous Robot Market Report Attributes
Report Attribute	Details
Base Year:	2022
Outdoor Autonomous Robot Market Size in 2022:	USD 150 million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	16%
2032 Value Projection:	USD 600 million
Historical Data for:	2018 to 2022
No. of Pages:	280
Tables, Charts & Figures:	473
Segments covered:	Type, Wheel, Application
Growth Drivers:	Increasing government initiatives and investment in robot manufacturing companies Increasing demand for autonomous last mile delivery Huge growth in e-commerce and online food industry Rising demand for security and guide robots Growth in hospitality and healthcare industries
Pitfalls & Challenges:	High initial investments limiting the entry of new players into the market

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Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Market size for outdoor autonomous robot was valued at more than USD 150 million in 2022 and is primed to progress at over 16% CAGR between 2023 and 2032 propelled by substantial R&D investments, product innovations, and increased consumer awareness related to robotic benefits.

The delivery robot segment is poised to grow at over 15% CAGR from 2023 to 2032 on account of the cost-effectiveness, low maintenance, and less human intervention features of these robots.

The food and beverages application segment is anticipated to reach over USD 100 million by the end of 2032 owing to the popularizing trend of using autonomous robots for food & beverage delivery inside universities or college campuses.

North America outdoor autonomous robot is slated to reach a valuation of USD 200 million by 2032 as a result of several companies forming strategic partnerships to develop autonomous delivery robots in the region.