Retail Robotics Market Size, Trends and Insights By Type (Mobile Robotics, Stationary Robotics, Semi-Autonomous), By Deployment (Cloud/Web-Based, In-Premise, Third Party Deployment Server), By Application (Delivery Robots, Inventory Robots, In-Store Service Robots, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Honeybee Robotics
- Piaggio Fast Forward
- Amazon Robotics
- Bossa Nova Robotics
- Simbe Robotics
- ABB Robotics
- Others
Reports Description
Global Retail Robotics Market was valued at USD 18.4 Billion in 2024 and is expected to reach USD 249.3 Billion by 2033, at a CAGR of 28.73% during the forecast period 2024 – 2033.
Deliveries, customer support, inventory management, and other duties are automated in retail settings through the use of retail robotics. The purpose of these robots is to cut labour expenses, increase operational efficiency, and improve customer satisfaction.
An intelligent and adaptive system that can learn from data and adjust to changing client needs is created through the combination of artificial intelligence (AI), machine learning, and the Internet of Things (IoT) in retail robots.
Retail Robotics Market: Growth Factors
Growing automation and customization in the retail industry:
Retail robots increase customer pleasure by offering a more individualized experience and increasing client involvement. Retail robots’ ability to offer customers individualized service is driving the company’s expansion. The efficiency of the operation is enhanced by the employment of robotics in the operational operations, which raises sales and income.
Retailers can use artificial intelligence (AI) systems and retail robotics to handle tasks like stocking, processing, and data analysis on massive scales. Retail robots allow consumers to provide more accurate product information, which helps them make operational decisions.
Furthermore, the Retail Robotics Market is anticipated to expand at a rapid pace during the forecast period owing to increasing automation in the retail sector. Because a lot of retailers are using retail robots to handle sales, customer service, inventory control, moving goods to the warehouse, and other business-related duties.
Furthermore, a number of companies are using robotic arms in addition to human labor to carry out heavy lifting tasks, which increases worker productivity and assembly line speed.
The Retail Industry’s Growing Labor Expenses
Regarding the retailer as a whole, labour costs comprise between 65% to 78% of all operating costs. Workers who do operational activities fall into two categories: direct and indirect.
The execution and carrying out of operations are the responsibilities of direct staff, and back-end assistance is the responsibility of indirect workers. Increased labour costs may result in higher costs for retailers due to the rise in global inflation.
Moreover, the number of senior workers in emerging nations has been steadily rising, raising questions regarding productivity, quality assurance, and safety. Automation has therefore become a vital instrument for tackling excessive wages and the aging workforce.
Because of this, store owners have learned to depend on robotics as an easy and effective way to reduce overhead costs without sacrificing peak output. Thus, the need for retail robotics may rise due to growing labor expenses and an aging workforce, which will propel the retail robotics market growth over the forecast period.
Retail Robotics Market: Restraints
Data Security and Exorbitant Installation Expenses
Retail robot installation is a challenge for companies that have recently begun integrating technology into their operations. Robots are designed to perform a wide range of tasks, including artificial intelligence, data processing and analysis, and many other tasks. Robots with cutting-edge technologies are required to meet these standards, and they are expensive to buy and maintain.
Safe data storage and consent management, which includes data protection from hackers, are two aspects of retail robot security and data privacy concerns. The potential of cyber-attacks and security breaches has grown with the development of technologies, which has forced businesses to adopt more precautionary steps against them.
However, these precautions come at an added cost. Therefore, it is anticipated that high installation costs and data privacy will impede the expansion of the retail robotics markets.
Retail Robotics Market: Opportunities
Enhanced Customer Experience
Retail robots can help human workers by tracking products, maintaining inventory, and completing jobs like inventory scanning and price checking. This increases overall productivity and frees up human workers for more complex tasks.
Retail robots can assist in bridging the gap between online and offline shopping experiences by giving customers a smoother shopping experience overall. In addition to providing personalized recommendations based on consumer preferences and helping with retail navigation, these robots may respond to frequently asked queries.
Robots that are integrated with AI and machine learning can customize recommendations and promotions by analyzing past purchases and customer behavior. This degree of customization makes purchasing more enjoyable and can increase revenue and patron loyalty.
Retail Robotics Market: Segmentation Analysis
Retail Robotics Market is segmented by type, by deployment, by application, and by region. Based on type, the market is segmented into mobile robotics, stationary robotics, and semi-autonomous. Among all of these segments, mobile robotics dominated the market in 2023 with a market share of 45.5% and is expected to keep its dominance during the forecast period 2024-2033.
Since mobile robots are utilized to transfer small payloads throughout the facility, particularly in the retail and consumer electronics segment they are an essential component of the warehousing system. Mobile robots are utilized for a variety of commercial functions, such as increasing manufacturing capacity, sales, inventory management, customer service, and transportation of commodities to warehouses.
Thus, throughout the projected period, the retail robots market will rise at a faster rate due to the growing need for mobile robotics.
Based on application, the market is segmented into delivery robots, inventory robots, in-store service robots, and others. Among all of these segments, the inventory robots segment dominated the market in 2023 with a market share of 49.5% and is expected to keep its dominance during the forecast period 2024-2033.
The use of retail robots in inventory management has shown to be advantageous. Robots are employed in the retail industry for raw material handling, picking, placing, and loading. Retail robots also aid in better inventory management, expedite order fulfilment, save overhead and operating expenses, and mitigate or eliminate errors.
Based on deployment, the market is segmented into cloud/web-based, in-premise, and third party deployment servers. Among all of these segments Cloud/web based deployment model dominated the market in 2023 with a market share of 24.5% and is expected to keep its dominance during the forecast period 2024-2033.
The data center robotics market is seeing a significant expansion of the cloud/web-based deployment segment because of the several benefits it provides, including availability, remote management, rapid deployment, access to cutting-edge technologies, cost effectiveness, and analytics integration.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 18.4 Billion |
| Projected Market Size in 2033 | USD 249.3 Billion |
| Market Size in 2023 | USD 14.6 Billion |
| CAGR Growth Rate | 28.73% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Deployment, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Retail Robotics Market: Regional Analysis
By Region, Retail Robotics Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa. Among all of these regions, North America led the Retail Robotics Market in 2023 with a market share of 41.50% and is expected to keep its dominance during the forecast period 2024-2033.
North America is expected to have the largest growth rate in the retail automation market both now and in the future due to its well-established retail infrastructures, the presence of major manufacturers, and its large consumer base.
To increase operational effectiveness, cut expenses, and improve customer experiences, retailers in North America are progressively implementing automation technology, such as retail robotics. Through programs like tax breaks and financing for R&D, governments in North America are encouraging the adoption of automation technology, including retail robotics.
The Asia Pacific region is expected to grow at a faster rate due to factors such as rising per-capita disposable income, shifting consumer preferences, an increase in digital payments, and advancements in technology.
Retail Robotics Market: Recent Developments
- In October 2022, To increase the availability of autonomous robotic solutions in the US market, SoftBank Robotics America and Gausium announced a collaboration. Through this collaboration, SoftBank Robotics America and Gausium are expected to enhance their market presence and revenues.
- In August 2022, A definitive merger agreement was signed by Amazon and iRobot, wherein Amazon will purchase iRobot.
- In July 2022, ABB joined the Technology Alliance program of Berkshire Grey to provide robotic solutions powered by Al.
List of the prominent players in the Retail Robotics Market:
- Honeybee Robotics
- Piaggio Fast Forward
- Amazon Robotics
- Bossa Nova Robotics
- Simbe Robotics
- ABB Robotics
- GreyOrange
- SoftBank Robotics
- Honda Motor Co. Ltd.
- Locus Robotics
- Soft Robotics
- Universal Robots
- Aethon
- Alphabet Inc.
- Rethink Robotics
- Robotiq
- Savioke
- DJI
- Fetch Robotics
- KNAPP AG
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Retail Robotics Market is segmented as follows:
By Type
- Mobile Robotics
- Stationary Robotics
- Semi-Autonomous
By Deployment
- Cloud/Web-Based
- In-Premise
- Third Party Deployment Server
By Application
- Delivery Robots
- Inventory Robots
- In-Store Service Robots
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Retail Robotics Market, (2024 – 2033) (USD Billion)
- 2.2 Global Retail Robotics Market: snapshot
- Chapter 3. Global Retail Robotics Market – Industry Analysis
- 3.1 Retail Robotics Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing automation and customization in the retail industry
- 3.2.2 The Retail Industry’s Growing Labor Expenses
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Deployment
- 3.7.3 Market Attractiveness Analysis By Application
- Chapter 4. Global Retail Robotics Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Retail Robotics Market: Company Market Share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Retail Robotics Market – Type Analysis
- 5.1 Global Retail Robotics Market Overview: By Type
- 5.1.1 Global Retail Robotics Market Share, By Type, 2023 and 2033
- 5.2 Mobile Robotics
- 5.2.1 Global Retail Robotics Market by Mobile Robotics, 2024 – 2033 (USD Billion)
- 5.3 Stationary Robotics
- 5.3.1 Global Retail Robotics Market by Stationary Robotics, 2024 – 2033 (USD Billion)
- 5.4 Semi-Autonomous
- 5.4.1 Global Retail Robotics Market by Semi-Autonomous, 2024 – 2033 (USD Billion)
- 5.1 Global Retail Robotics Market Overview: By Type
- Chapter 6. Global Retail Robotics Market – Deployment Analysis
- 6.1 Global Retail Robotics Market Overview: By Deployment
- 6.1.1 Global Retail Robotics Market Share, By Deployment, 2023 and 2033
- 6.2 Cloud/Web-Based
- 6.2.1 Global Retail Robotics Market by Cloud/Web-Based , 2024 – 2033 (USD Billion)
- 6.3 In-Premise
- 6.3.1 Global Retail Robotics Market by In-Premise, 2024 – 2033 (USD Billion)
- 6.4 Third Party Deployment Server
- 6.4.1 Global Retail Robotics Market by Third Party Deployment Server, 2024 – 2033 (USD Billion)
- 6.1 Global Retail Robotics Market Overview: By Deployment
- Chapter 7. Global Retail Robotics Market – Application Analysis
- 7.1 Global Retail Robotics Market Overview: By Application
- 7.1.1 Global Retail Robotics Market Share, By Application, 2023 and 2033
- 7.2 Delivery Robots
- 7.2.1 Global Retail Robotics Market by Delivery Robots, 2024 – 2033 (USD Billion)
- 7.3 Inventory Robots
- 7.3.1 Global Retail Robotics Market by Inventory Robots, 2024 – 2033 (USD Billion)
- 7.4 In-Store Service Robots
- 7.4.1 Global Retail Robotics Market by In-Store Service Robots, 2024 – 2033 (USD Billion)
- 7.5 Others
- 7.5.1 Global Retail Robotics Market by Others, 2024 – 2033 (USD Billion)
- 7.1 Global Retail Robotics Market Overview: By Application
- Chapter 8. Retail Robotics Market – Regional Analysis
- 8.1 Global Retail Robotics Market Regional Overview
- 8.2 Global Retail Robotics Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Retail Robotics Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.4 North America Retail Robotics Market, by Type, 2024 – 2033
- 8.4.1 North America Retail Robotics Market, by Type, 2024 – 2033 (USD Billion)
- 8.5 North America Retail Robotics Market, by Deployment, 2024 – 2033
- 8.5.1 North America Retail Robotics Market, by Deployment, 2024 – 2033 (USD Billion)
- 8.6 North America Retail Robotics Market, by Application, 2024 – 2033
- 8.6.1 North America Retail Robotics Market, by Application, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Retail Robotics Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Retail Robotics Market, by Type, 2024 – 2033
- 8.8.1 Europe Retail Robotics Market, by Type, 2024 – 2033 (USD Billion)
- 8.9 Europe Retail Robotics Market, by Deployment, 2024 – 2033
- 8.9.1 Europe Retail Robotics Market, by Deployment, 2024 – 2033 (USD Billion)
- 8.10 Europe Retail Robotics Market, by Application, 2024 – 2033
- 8.10.1 Europe Retail Robotics Market, by Application, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Retail Robotics Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Retail Robotics Market, by Type, 2024 – 2033
- 8.12.1 Asia Pacific Retail Robotics Market, by Type, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Retail Robotics Market, by Deployment, 2024 – 2033
- 8.13.1 Asia Pacific Retail Robotics Market, by Deployment, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Retail Robotics Market, by Application, 2024 – 2033
- 8.14.1 Asia Pacific Retail Robotics Market, by Application, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Retail Robotics Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Retail Robotics Market, by Type, 2024 – 2033
- 8.16.1 Latin America Retail Robotics Market, by Type, 2024 – 2033 (USD Billion)
- 8.17 Latin America Retail Robotics Market, by Deployment, 2024 – 2033
- 8.17.1 Latin America Retail Robotics Market, by Deployment, 2024 – 2033 (USD Billion)
- 8.18 Latin America Retail Robotics Market, by Application, 2024 – 2033
- 8.18.1 Latin America Retail Robotics Market, by Application, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Retail Robotics Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Retail Robotics Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Retail Robotics Market, by Type, 2024 – 2033
- 8.20.1 The Middle-East and Africa Retail Robotics Market, by Type, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Retail Robotics Market, by Deployment, 2024 – 2033
- 8.21.1 The Middle-East and Africa Retail Robotics Market, by Deployment, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Retail Robotics Market, by Application, 2024 – 2033
- 8.22.1 The Middle-East and Africa Retail Robotics Market, by Application, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Honeybee Robotics
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Piaggio Fast Forward
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 Amazon Robotics
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Bossa Nova Robotics
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Simbe Robotics
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 ABB Robotics
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 GreyOrange
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 SoftBank Robotics
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 Honda Motor Co. Ltd.
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Locus Robotics
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Soft Robotics
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Universal Robots
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 Aethon
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Alphabet Inc.
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 Rethink Robotics
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Robotiq
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Savioke
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 DJI
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 Fetch Robotics
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 KNAPP AG
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Honeybee Robotics
List Of Figures
Figures No 1 to 26
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
|
|
| Demand-side |
|
|
Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
|
|
Prominent Player
FAQs
The major driver for the Retail Robotics Market Increasing Automation and Personalization in Retails Sector and The Retail Industry’s Growing Labor Expenses.
The “Delivery Robots” had the largest share in the global market for Retail Robotics.
The “Mobile Robotics” category dominated the market in 2023.
The key players in the market are Honeybee Robotics, Piaggio Fast Forward, Amazon Robotics, Bossa Nova Robotics, Simbe Robotics, ABB Robotics, GreyOrange, SoftBank Robotics, Honda Motor Co. Ltd., Locus Robotics, Soft Robotics, Universal Robots, Aethon, Alphabet Inc., Rethink Robotics, Robotiq, Savioke, DJI, Fetch Robotics, KNAPP AG, Others.
“North America” had the largest share in the Retail Robotics Market.
The global market is projected to grow at a CAGR of 28.73% during the forecast period, 2024-2033.
The Retail Robotics Market size was valued at USD 18.4 Billion in 2024.