As per this study, the Global Self Driving Robots Market was valued USD 5.25 BN (by revenue) in 2017 and is anticipated to reach USD 10.23 BN by 2024 with a CAGR of 10%.
 
Self driving robots refer to intelligent robots used to perform various logistics and transportation function. These robots use artificial intelligence, cameras, sensors and self-guidance technology for delivering parcels and packages. It is used in logistics, retail, communication and other industries.
 
Objectives of the Study:

• Define and measure the global self driving robots market
• Revenue forecast of the global self driving robots market and its various sub-segments with respect to main geographies
• Analyze and identify major market trends along with the factors driving or inhibiting the market growth
• Study the company profiles of the major market players with their market share
• Analyze competitive developments

 
Market Dynamics
 
Rising demand of automation from the industrial and manufacturing sector to offer ease in operation across developed regions is driving the market growth. Rising adoption of IoT and software across all industries is again fueling the market growth. On the flip side, high initial cost and maintenance cost is likely to hamper the market growth.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of self driving robots.
 
Market Segmentation
 
The broad self driving robots market has been sub-grouped into vehicle and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Vehicle

• Unmanned Ground Vehicle
• Unmanned Aerial Vehicle
• Unmanned Marine Vehicle

 
By Application

• Industrial & Manufacturing
• Aerospace & Defense
• Oil & Gas
• Logistics & Warehouse
• Medical & Healthcare
• Mining & Minerals
• Forest & Agriculture
• Others

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for self-driving robots in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Self Driving Robots Market By Revenue (USD MN)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the self driving robots market includes Aethon, Aviation Industry Corporation of China, Bluefin Robotic, Cimcorp Automation, Clearpath Robotics, Fetch Robotics, GeckoSystems, Hi-Tech Robotics Systemz, Locus Robotics, Mobile Industrial Robots, Oceaneering, Omron Adept Technologies, SAAB, Seegrid Corporation, SMP Robotics, and Swisslog & Vecna. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.

METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.