SAMPLE GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET (2022 - 2027) The Study Offers: • A detailed understanding of the current market scenario and future growth opportunities. • Technological innovations catering to various end-user industries and user cases. • Assessment of COVID-19 impact on the industry. • Insights into the competitive landscape, along with the product innovations and strategies of the major players. Domain: Automation 1 Base Year: 2021 Forecast Period: 2021-2027 Industry Reports | Consulting | Intelligence Center +1 617 765 2493 | info@mordorintelligence.com | www.mordorintelligence.com SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET DISCLAIMER Any information and/or material provided by Mordor Intelligence, including any and all the analysis and/or research from Mordor Intelligence, is provided to a selected group of customers, in response to orders for such information, material, analysis, and/or research. 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MARKET DYNAMICS 4.1 Market Overview 4.2 Industry Attractiveness - Porter's Five Forces Analysis 4.2.1 Threat of New Entrants 4.2.2 Bargaining Power of Buyers 4.2.3 Bargaining Power of Suppliers 4.2.4 Threat of Substitute Products 4.2.5 Intensity of Competitive Rivalry 4.3 Technology Snapshot 5. MARKET DYNAMICS 5.1 Market Drivers 5.1.1 Need to Manage Last-mile Deliveries 5.1.2 Growing Automation in the Logistics Industry 5.2 Market Challenges 5.2.1 Weather Conditions and Security Issues 6. IMPACT OF COVID-19 ON THE INDUSTRY 7. MARKET SEGMENTATION 7.1 By End User 7.1.1 Healthcare 7.1.2 Hospitality 7.1.3 Retail and Logistics 7.2 By Geography 7.2.1 North America 7.2.2 Europe 7.2.3 Asia-Pacific 7.2.4 Rest of the World 8. COMPETITIVE LANDSCAPE 8.1.6 Marble Robot Inc. 8.1.5 Eliport 8.1.4 Nuro Inc. 8.1.3 Savioke Inc. 8.1.2 Robby Technologies 8.1.1 Starship Technologies 8.1 KEY VENDOR PROFILES SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 4 TABLE OF CONTENTS 8.1.7 TeleRetail 8.1.8 Aethon Inc. 8.1.9 Kiwibot 8.1.10 Postmates Inc. 8.1.11 Segway Robotics Inc. 8.1.12 Neolix 8.2. UPCOMING VENDORS IN THE MARKET 8.2.1 Box Bot Inc. 8.2.2 ANYbotics AG 8.2.3 Robomart Inc. 8.2.4 Effidence 8.2.5 Udelv Inc. 8.2.6 Cleveron AS 9. INVESTMENT ANALYSIS 10. FUTURE OF THE MARKET SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 5 INTRODUCTION SCOPE OF THE STUDY BY END USER ❑ Healthcare ❑ Hospitality ❑ Retail and Logistics BY GEOGRAPHY ❑ North America ❑ Europe ❑ Asia-Pacific ❑ Rest of the World SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 6 EXECUTIVE SUMMARY AUTONOMOUS DELIVERY ROBOT MARKET Revenue in USD million, Global, 2022-2027 DETAILED ANALYSIS IS AVAILABLE IN THE FINAL STUDY SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 7 INTRODUCTION delivery robots market. ◼ The study will also cover the impact of COVID-19 across the autonomous end-user segment. logistics industries are only considered while evaluating the scope of the autonomous delivery robots in the healthcare, hospitality, retail, and ◼ The scope of the study includes the applications and adoption of mainly utilized for delivery and service applications. ◼ Autonomous delivery robots are robots that work autonomously and are MARKET DEFINITION STUDY ASSUMPTIONS AND MARKET DEFINITION As a result of data triangulation, through multiple methodologies and share of the market and the presence of key players in each region. Distribution of the primary interviews conducted was based on the regional kept constant throughout the forecast period for each country. Inflation is not a part of the pricing, and the average selling price (ASP) was forecast period and the CAGR is for, 2022-2026. The review period considered for this study is from 2016 to 2020. The secondary information. The base year considered for this study is 2021. The base year was identified, based on the availability of annual reports and rates. forecast period was determined according to the base year’s conversion the respective review-period years. The exchange rate conversion for the currencies to USD was considered based on the average exchange rates of The base currency considered was the US dollar (USD). Conversion of other STUDY ASSUMPTIONS ▪ ▪ ▪ ▪ ▪ ▪ approaches, the weighted averages of the resulting estimates were the final values. SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET MARKET INSIGHTS ■ ■ ■ ■ Also, many retailers have realized that a superior last-mile experience engages and retains consumers. However, at the same time, meeting customers’ deliveries expectations does not help in increasing profit margins, as today’s retailers are absorbing a part of the cost of last-mile delivery. Therefore, ADR is helping these companies in achieving efficient last-mile delivery. It is expected that, by 2025, 85% of last-mile deliveries will mainly be done using autonomous vehicles. Last-mile delivery has been one of the primary problems in handling the supply chain. Last-mile deliveries are getting more and more complex in cities, as continued growth in e-commerce and high consumer expectations for faster and frequent deliveries are causing traffic congestion and increasing carbon pollution. According to the National Retail Federation, losses of about USD 333 million were incurred due to shipping mishaps. Owing to such issues in delivery, various consumers and retailers have been looking for better and efficient methods of delivery. The growing adoption of ADR is mainly driven by the increasing affordability and return on investment of an increasing variety of infrastructure-light robots, along with continuing needs for flexible and efficient automated fulfillment. The advent of autonomous delivery robots (ADR) has revolutionized delivery systems, providing a cheaper and efficient way of delivery. Though delivery robots did not experience high adoption in the past, they are expected to witness high growth in the future, owing to various advantages. Lowering costs 55% 50% MARKET OVERVIEW ■ Moreover, the logistics sector consumes a high amount of natural resources to sustain multiple operations, such as the delivery of goods. This has also been contributing to global warming by disposing large amounts of greenhouse gases into the atmosphere. Reducing last mile process inefficiencies Finding qualified drivers to hire 32% 46% 42% 34% SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET Source : Scandit Providing new services to customers Increasing capacity to be able to match demand Keeping employees safe BIGGEST CHALLENGES IN LAST MILE DELIVERY IN EUROPE IN 2021 ■ According to various experts in the domain, this sector contributes to about 20-25% of the total emissions. The use of autonomous delivery systems is expected to counter such antienvironmental effects by reducing the amount of carbon emissions in the atmosphere. 8 MARKET INSIGHTS ■ ■ ■ A general shift has been ongoing toward autonomous delivery systems. Companies, such as Google, partnered with Uber to provide one-day deliveries to its subscribers. Uber also offered a service for same-day delivery, called UberRUSH. However, the service was not very successful, and the company discontinued the service, owing to a lack of high business volume. Such trends also justify the use of robotic delivery systems. Considering the history of the adoption of autonomous delivery robots, regions, like the United States, the market vendors are also investing in permits, as security is still a major concern in the market studied. For instance, the delivery service provider, Postmates, debuted its food delivery in 2018. Moreover, companies started obtaining the first permit for autonomous robot testing in San Francisco back in 2019, which allowed the company to run three robots at one time in specific city districts, at no more than 3 miles per hour, and only during business hours on the weekends. Moreover, the high use of vehicles further contributes to the traffic scenario in urban locales. Various laws are being put in place to control global warming, and protecting the environment aid in the growth of ADRs. The European Commission (EC) has set an objective of decarbonization by 2050, with a few immediate goals in 2020 and 2030. MARKET OVERVIEW ■ 2.6 1.4 19 18 11 12 12 28 22 2.2 13 15 1.2 9 10 9 20 19 75 114 Other uses Professional cleaning Inspection and maintenance Construction Exoskeletons Medical Logistics Public environments Field 1.7 10 11 1 Defence 14 17 7 10 7 52 SALES OF SERVICE ROBOTS FOR PROFESSIONAL USE In 1000 units, Global, 2018-2020 2020 2019 2018 Source : IFR SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET Most of the market vendors are mainly banking on similar predictions that restaurants and grocers will increase their dependence on convenience-driven digital technologies to meet consumers’ changing needs. Many companies have been investing in the growth of delivery robots. Recently, Amazon filed for a patent with the US patent office for ‘autonomous ground vehicles. Walmart has also been in line for the launch of a service, which has couriers entering. Startups, such as Robby Technologies, raised about USD 2 million in an aim to collaborate with multiple companies. 9 10 MARKET INSIGHTS ■ ■ ■ Various companies, such as Amazon with Amazon PrimeAir, Google with Project Wing, Geo Drone and GeoPaste, and DHL with PaketKopter, have projects that could be used for delivery services. In a recent test conducted for the package delivery robot, Starship Technologies participated in the District’s Personal Delivery Device pilot program and reported about three collisions that occurred during the operation. Investors, such as Thyssenkrupp Elevator, have been using TeleRetail delivery robots to conduct deliveries. Starship Technologies, a startup, has seen investors, such as Daimler and Shasta Ventures, raising about USD 17.2 million. It has also been delivering food for a company named JustEat. Nuro, another startup, raised about USD 92 million from various investors. MARKET OVERVIEW ■ Many governments have been favorable toward the growth of delivery robots. The European Transport Policy aims to phase out conventional fuel vehicles by about 2050. It strives for zeroemission in city logistics in major urban centers by 2030. The state of Arizona has passed a bill officially stating that the delivery devices have the same rights and duties as pedestrians, and they need to follow the various traffic laws that are applicable for traffic in general. Detail Analysis Available with the Report SAMPLE – GLOBAL SAMPLE AUTONOMOUS – GLOBAL DELIVERY AUTONOMOUS ROBOTS DELIVERY MARKET ROBOTS MARKET 11 IMPACT OF COVID-19 ON THE INDUSTRY SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 12 MARKET INSIGHTS ■ ■ ■ ■ ■ However, the production and deployment of new autonomous delivery robots are increasingly becoming difficult, owing to restrictions on the movement of goods and severe disruptions in the semiconductor supply chain. With countries, such as China and Japan, enforcing strict lockdown policies, there is a high scarcity of key raw materials used to manufacture autonomous delivery robots in the global market. Chinese O2O local life service company Meituan launched Modai delivery robots that deliver essential groceries to communities in Beijing's Shunyi district. The global market is increasingly witnessing such instances; therefore, the COVID-19 crisis is currently accelerating the deployment of autonomous delivery robots. In China, JD Logistics sent two L4 class unmanned delivery robots to Wuhan, which can also be controlled remotely through the cloud to provide delivery in hotspot areas affected by the coronavirus. Also, Idriverplus donated an unmanned delivery vehicle to hospitals for delivering medical supplies to mobile and off-site medical camps. Recently, in April 2020, Starships Technologies launched a robot food contactless delivery service in Tempe, Arizona, in an ongoing pandemic that has hit the United States adversely. In Tempe, the delivery service initially deployed just over 30 autonomous, on-demand robots to deliver food between 10:30 a.m. and 8:30 p.m. daily. The operations of the fleet were limited to a geofenced area that included several restaurants and residential sites. With the recent outbreak of COVID 19, autonomous delivery robots are gaining traction for performing various contactless delivery operations, and the market is expected to witness several instances of deployment, especially in the healthcare sector, with the ongoing pandemic crisis. IMPACT OF COVID-19 ON THE INDUSTRY ■ The uncertainty in the recovery time of the market from the pandemic, economic impacts on several parts of the world are further expected to provide significant challenges to the growth of the semiconductor market, directly affecting the availability of key raw materials required for the manufacturing of autonomous delivery robots globally. SAMPLE – GLOBAL SAMPLE AUTONOMOUS – GLOBAL DELIVERY AUTONOMOUS ROBOTS DELIVERY MARKET ROBOTS MARKET 13 IMPACT OF COVID-19 ON THE INDUSTRY Detail Analysis Available with the Report SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 14 SEGMENTATION BY END USER ▪ Healthcare ▪ Hospitality ▪ Retail and Logistics SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET SAMPLE FIGURE xx.x% Healthcare Hospitality Retail and Logistics MARKET SEGMENTATION BY END USER Hospitality Retail and Logistics SAMPLE FIGURE AUTONOMOUS DELIVERY ROBOTS MARKET Revenue Share (%), by End User, Global, 2021 Healthcare SOURCE: Mordor Intelligence 15 Retail and Logistics Hospitality Healthcare End User xx xx xx xx 2020 xx xx xx xx 2021 xx xx xx xx 2022 xx xx xx xx 2023 xx xx xx xx 2024 xx xx xx xx 2025 xx xx xx xx 2026 xx xx xx xx 2027 xx.x% xx.x% xx.x% xx.x% CAGR AUTONOMOUS DELIVERY ROBOTS MARKET Revenue in USD million, by End User, Global, 2020-2027 Total SOURCE: Mordor Intelligence SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET MARKET SEGMENTATION - BY END USER ■ ■ ■ ■ ■ Autonomous delivery robots can also help in scenarios, such as chronic nursing shortage in the United States. According to the Bureau of Labor Statistics, demand for nurses is expected to increase by 16%, reaching 3.2 million in 2024 from 2.7 million in 2014 in the United States. Much of the growth will be driven by the aging baby boomers who need additional care. In July 2021, Sheba Medical Center announced a strategic partnership with Seemless Vision which is an Israeli start-up for autonomous logistics infrastructure to plan on starting the delivery of medications to patients through autonomous robots and reduce the pressure on the hospital staff to deliver the medications on time. Also, these robots are being used at Omaha VA Medical Center to fetch and drop medical supplies on demand. They also support the facility by delivering several logistical items and lab samples. In addition, they work 24 hours a day, which reduces the risk of human error in night operations. Traditionally, robots were installed in several medical establishments for therapeutic use for children. But now, they are even used to assist the medical staff in fetching the required resources on demand. For example, consider the case of Aethon, a prominent robotics manufacturer based in the US, which offers TUG Robots for medical applications. Healthcare applications are one of the most advanced forms of autonomous delivery robots. Unlike outdoor delivery robots, autonomous delivery robots deployed in healthcare applications need to consider several additional parameters, such as the sanitation parameters, low noise motors, and smoother travel in comparison to regular deliveries. HEALTHCARE ■ AUTONOMOUS DELIVERY ROBOTS MARKET 2021 2023 2024 2025 SAMPLE FIGURE 2022 2026 Revenue in USD million, Healthcare, Global, 2020-2027 2020 Source: Mordor Intelligence Analysis SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET Witnessing these opportunities, many market players are also targeting this segment to gain profit. Vendors like Diligent Robotics, a Texas-based maker of an autonomous robot assistant for hospitals, raised USD 3 million in seed funding before the pandemic. The news was complemented with an announcement that the company’s hospital robot, Moxi, is exiting beta testing and has entered the market with its first official rollout in a Texas Hospital. 16 2027 17 MARKET SEGMENTATION - BY END USER HEALTHCARE ■ Moreover, as they are battery-powered and recharge automatically at their respective docking stations, these robots are always ready to take up new orders. However, in the current market scenario, there are a limited number of manufacturers that provide these solutions. Over the forecast period, as an increasing number of manufacturers enter the market, the availability of this equipment is expected to grow, thus, decreasing the installation price. Detail Analysis Available with the Report SAMPLE – GLOBAL SAMPLE AUTONOMOUS – GLOBAL DELIVERY AUTONOMOUS ROBOTS DELIVERY MARKET ROBOTS MARKET 18 SEGMENTATION BY GEOGRAPHY ▪ North America ▪ Europe ▪ Asia-Pacific ▪ Rest of the World SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET SAMPLE FIGURE xx.x% North America Europe Asia-Pacific Rest of the World MARKET SEGMENTATION BY GEOGRAPHY AUTONOMOUS DELIVERY ROBOTS MARKET Asia-Pacific SAMPLE FIGURE Europe Rest of the World Revenue Share (%), by Geography, Global, 2021 North America SOURCE: Mordor Intelligence 19 AUTONOMOUS DELIVERY ROBOTS MARKET Asia-Pacific Europe North America Geography xx xx xx xx 2020 xx xx xx xx xx 2021 xx xx xx xx xx 2022 xx xx xx xx xx 2023 xx xx xx xx xx 2024 xx xx xx xx xx 2025 xx xx xx xx xx 2026 xx xx xx xx xx 2027 xx.x xx.x xx.x xx.x CAGR Revenue in USD million, by Geography, Global, 2020-2027 Rest of the World xx xx.x Total SOURCE: Mordor Intelligence SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET SEGMENTATION – BY GEOGRAPHY ■ ■ ■ ■ ■ Moreover, the region has a high demand for autonomous delivery robots for last-mile delivery applications. North America, being the second largest e-commerce market after Asia-Pacific, has a high number of e-shoppers, with countries, like the United States, having over 80% of the population shopping online, while in Canada, 25.2% of the population shop online. In fact, according to the Ecommerce Foundation, North America has the highest social network penetration rate in the world, which is also driving its e-commerce industry. Despite the reduction of labor costs, the installation of delivery robots also helps hospitality establishments to gain popularity on social networks, helping them to improve their RevPAR. These developments are expected to keep a constant demand for autonomous delivery robots from the hospitality sector. As the region has a high degree of demand from the hospitality sector, delivery robots are helping many prime hospitality establishments to gain tremendous attraction from media, which is an essential channel in the region that influences tourists’ decision to select a hotel or resort. Along with this, the penetration of autonomous delivery robots across several end users in the region is comparatively high when compared to other parts of the world. In the hospitality and retail and logistics sectors, the demand for these robots is very high, and many retail and hospitality vendors are collaborating with manufacturers to have a first-hand experience of the prototypes. North America is one of the major markets for autonomous delivery robots. Many of the major market vendors are based out of here, and also the region has a high number of start-ups and manufacturers working toward the growth of autonomous delivery robotic technology. NORTH AMERICA ■ 2021 2023 2024 2025 SAMPLE FIGURE 2022 2026 AUTONOMOUS DELIVERY ROBOTS MARKET Revenue in USD million, North America, 2020-2027 2020 Source: Mordor Intelligence Analysis SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET Additionally, the consumers in the region are highly willing to pay for same-day deliveries, and their average spending on online shopping is also high when compared to several other regions. 20 2027 21 SEGMENTATION – BY GEOGRAPHY NORTH AMERICA Such a vast e-commerce market in the region is encouraging several retailers to invest and develop their supply chain capabilities, leading to considerable investments in the autonomous delivery robots' sector. Moreover, there is a high demand for eco-friendly delivery systems, as most of the customers in the region encourage and prefer eco-friendly operations. In recent times, even top courier companies, like UPS, deployed 50 plug-in electric delivery trucks as a pilot project in urban areas across the United States to support eco-friendly delivery policies. Many of the end-user companies are adopting autonomous robots, which is significantly expanding the scope of ADR market in the region. In July 2021, Amazon announced to invest in new Amazon Scout Development Center in Finland to focus mainly on the autonomous package delivery solutions. These advancements are also motivating the market vendors in the region to increase their investment in the studied market. In January 2022, Starship Technologies acquired a USD 57 million from the European Investment Bank, the funding arm of the European Union. Moreover, during the same time the company raised a USD 17 million with strategic backers TDK Ventures, a investment arm of the Japanese electronics giant and Goodyear Ventures to make more the 2.5 million commercial deliveries in 2021. Detail Analysis Available with the Report Domestic transport management Value-added warehousing and distribution 83 86.5 2019 83.0 58.7 47.2 International transport management 77 43.3 61.9 2018 2020 91.2 70 46.7 GROSS REVENUE GENERATED BY THE US THIRD-PARTY LOGISTICS INDUSTRY Revenue in USD billion, by type, 2015-2020 73 50.0 42 50 2017 40 48 2016 39 2015 SOURCE: Penske Logistics SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 22 COMPETITIVE INTELLIGENCE ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ Neolix Segway Robotics Inc. Postmates Inc. Kiwibot Aethon Inc. TeleRetail Marble Robot Inc. Eliport Nuro Inc. Savioke Inc. Robby Technologies Starship Technologies KEY VENDOR PROFILES ■ * List Not Exhaustive KEY VENDOR PROFILES Sources : https://robby.io/ ■ ■ ■ ■ ■ In 2019, the company raised USD 40 million in series A funding from TDK corporation and would utilize it to expand its services to more university campuses. With this, the company’s total funding comes to USD 85 million. In 2019, the company has partnered with Sodexo, food services company, and launched a food delivery service for 40,000 students, faculty, and staff of George Mason University. It consist of 30 autonomous robots to deliver food or drinks ordered from the Starship Deliveries app (iOS and Android). Starship robots are advanced devices that carries delivery items within a 4-mile (6 km) radius. The company is utilizing mobile technology to monitor robots on a smartphone after customer has placed the order. The self-driving robot developed by the company holds the ability to switch to remote control operation, in case the autonomous control unit malfunctions. These robots are equipped with state-of-the-art technology that enables effective communication with humans. Starship Technologies has been primarily involved in the manufacturing of small self-driving delivery robots ever since its inception in 2014. The company has been launched by Ahti Heinla and Janus Friis. SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET +44 115 697 2000 www.starship.xyz London, United Kingdom Founded in 2014 STARSHIP TECHNOLOGIES - OVERVIEW 23 KEY VENDOR PROFILES PRODUCT ◼ Self-driving Robots: The six-wheeled couriers have nine cameras and ultrasonic sensors, which create an imaginary bubble around it. When an unmapped object, like a person or a construction cone, enters that bubble, the robot makes a split-second decision whether to make a complete stop or skirt around it. ◼ Technical specifications ➢ 9 cameras (3 front, 4 sides, 2 rear) ➢ 8 ultrasonic obstacle detectors (front) and radar ➢ 2 Inertial Measurement Units ➢ 1 GPS ➢ 6 driven wheels ➢ Motors: brushless electric motors ➢ Battery: 8000mAh Lithium Polymer 18.5V Charge power consumption: up to 250W ➢ Charger input voltage: 100-240V ➢ ■ ■ ■ ■ ■ Robots offered by the company are able to operate without many breaks aside from charging breaks and are capable of going up curved hills; the company is focusing on enhancing the robot's capabilities by operating on lower heights and lesser dense areas. The company raised USD 42 million in March 2022 in a Series B funding and plans to expand its operations and current foot-print. From the company’s Series A funding USD 47 million the company was able to boost operation of 1,700 robots daily and cover 10,000 deliveries. Such investments is accelerating growth for the company. Safety and Security: For security, the cargo bay is locked throughout the journey, and can be opened only by the recipient. The location of the robots is tracked, so that the customer knows exactly the location of their order, and the time of arrival. Advanced Self-driving Delivery Robots: Starship robots are advanced devices that can carry items within a 4-mile (6 km) radius. Parcels and groceries are directly delivered from stores or specialized hubs, at the time that the customer requests via. a mobile app. With a combination of mobile technology, specially designed robots, and a local hub system, Starship aims to make local delivery faster, smarter, and more cost-efficient. The company’s two prime strategies are producing advanced self-driving delivery robots, creating safe and secure robots, and providing reliable and clean solutions. STRATEGIES ■ SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET In august 2021, The company announced to begin begin delivery service on four additional college campuses: University of Illinois Chicago (UIC), University of Kentucky (UK), University of Nevada, Reno (UNR) and EmbryRiddle Aeronautical University’s Daytona Beach, FL campus. The deliveries are addressed with the fleet of 1,000 robots. TECHNOLOGY STARSHIP TECHNOLOGIES – PRODUCTS AND STRATEGIES 24 KEY VENDOR PROFILES STRENGTHS ◼ The company has catered to around 90% of the demand for autonomous delivery robots in Silicon Valley. ◼ The company has raised USD 40 million expanded campus food delivery services and fueled its future growth. With the backing of TDK, the company could enhance its technological capabilities even further. OPPORTUNITIES O T WEAKNESSES ◼ The company current operates only in North America, even though the region currently holds significant share of the demand but over the coming years Europe and Asia are expected to command faster growth rates. ◼ Compared to other vendors in the market, the company's capabilities are less significant in developing technological capabilities. THREATS ◼ The company currently operates in North America which is also home to numerous vendors that are operating in this market which makes the region highly competitive space compared to other regions. ◼ The company's robots drive on sidewalks and cross the road only when necessary; even though Washington state recently passed a law allowing personal delivery devices on sidewalks but in many countries or states the company should get permission from the government which may pose a threat. SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET ◼ The company's partnership with Sodexo could help expand its market reach even further. For example, Sodexo oversees dining and food services at more than 700 colleges and universities in North America, this provides a prime opportunity for Starship to expand its robot even further. S W STARSHIP TECHNOLOGIES– SWOT ANALYSIS 25 26 ■ ■ The following phases are practiced at Mordor for efficient delivery of various syndicated and consulting assignments: MI translates market insights (market dynamics, competition, varying consumer demands, and regulations) into actionable business insights. Mordor Intelligence (MI) advocates an appropriate mix of secondary and primary research to meet client objectives. RESEARCH METHODOLOGY ■ Extensive desk research to identify most relevant secondary information available STEP 3 PROJECT DELIVERY Decipher client requirements/ market to be studied Contact Mordor’s empaneled experts and identify industry experts across the market STEP 2 MARKET ANALYSIS Tailormade research approach for customized reports Conduct primaries and surveys to gather qualitative and quantitative insights STEP 1 SCOPING/ PROJECT INITIATION Effective use of Mordor’s knowledge repository to gather relevant insights Triangulate and analyze data to finalize actionable business insights Report delivery with high quality market insights, competitive landscape, etc., as per the proposed content Confirm the objectives of the assignment with the client Finalize report contents and establish a deliverable format SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 27 PRIMARY RESEARCH RESEARCH PHASES EXPLAINED SECONDARY RESEARCH ◼ At Mordor, we pool in industry experts across the value chain, to gather first-hand insights on the market studied. In addition to these knowledgeable industry veterans or retired experts, consultants and freelancers are a call away to collaborate with Mordor on any assignment that requires real-time industry insights. Critical market dynamics (drivers, restraints, future, and regulations) and their impact Market distribution across various end-user industries •& Others ◼ Chat Interviews Surveys Market entry for new companies and insights on competitive landscape Email Interviews MODES OF PRIMARY RESEARCH Telephonic Interviews Virtual Council ◼ ◼ ◼ Primary research is used both to validate the data points obtained from secondary research and to fill the data gaps after secondary research. Data gathered during the primary research phase are useful to arrive at critical insights, both qualitative and quantitative; these insights can be used to ascertain the following: ◼ We are also equipped to conduct market surveys to gather qualitative insights and the opinion of individuals related to the industry. This phase involves a thorough synthesis of existing publications across the web to gather meaningful insights on the current situation of the market, technology developments, and any other market related information. The sources include, but are not limited to: ◼ Scientific papers, journals, and publications ◼ Industry and government websites for blogs, magazines, and other publications ◼ Conference proceedings and association publications ◼ Investor presentations, technical brochures, annual reports, press releases, transcripts of key personnel interviews, and other strategic publications by several competitors in the market ◼ Product information including technical specifications, approvals, patents, etc. ◼ Paid sources (Questel Orbit, Factiva, Bloomberg, Seeking Alpha, etc.) ◼ Other sources, including journals, articles, etc. (for prices and usage patterns) SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 28 RESEARCH PHASES EXPLAINED DATA TRIANGULATION AND INSIGHT GENERATION ◼ Based on the factors (both endogenous and exogenous in nature) identified and collected during the secondary and primary phases, our in-house subject matter experts transform the quantitative data extracted and use them to infer critical insights. ◼ The market size estimations are carried out through ‘bottom-up’ and ‘top-down’ approaches. After the data is curated, analysts populate the report. From data and forecasts, insights are drawn to visualize the entire ecosystem in a single report. An econometric model is a simplified representation of a real-world process. Here, the tools of econometric theory are used to analyze and forecast economic phenomenon and to solve unknown quantities, such as forecast demand, supply, investment, production, consumption, etc. It is a process of combining outcomes from different sources to increase the validity and reliability of the results. This process also helps strengthen conclusions about findings and reduce the risk of false interpretations. The insights obtained from both secondary and primary research are analyzed and validated by the process of data triangulation to arrive at closer estimates. ◼ Our top-down and bottom-up approaches are integrated into our ‘In-house Model Sheets’, which are used to generate the market estimates and growth rates (depending upon the historical trends of the respective markets, along with various factors, such as drivers, restraints, and recent developments in the market) of the product segment in the respective country. DATA TRIANGULATION ECONOMETRIC MODELING REPORT WRITING SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET 29 www.mordorintelligence.com +1 617-765-2493 FOR MORE INFORMATION, PLEASE CONTACT 5th Floor, Rajapushpa Summit, Financial District, Hyderabad - 500008, India info@mordorintelligence.com Industry Reports | Consulting | Intelligence Center +1 617 765 2493 | info@mordorintelligence.com | www.mordorintelligence.com SAMPLE – GLOBAL AUTONOMOUS DELIVERY ROBOTS MARKET