The global retail robotics market is anticipated to grow at a significant CAGR of 29.9% during the forecast period. Retailing is rapidly changing, especially among the brick and mortar industry. Furthermore, owing to the rise in COVID?19 infections, mobility changes, and other convenient buying options are driving retailers to accelerate change and adopt robots to enhance productivity. Several retail companies requires to change customer’s in?store experience, including aesthetics, convenience, and safety and security. Through the combination of technologies such as AI, IoT, and other powerful on?premises computers and autonomous robotics is enabling retailers to quickly and accurately understand store layout, merchandising, transactions, cleanliness, and safety options affect store visit frequency and duration and customers’ buying behaviors while in the store, which is a key factor propelling the growth of the market.
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The increasing need for engaging and personalized robot interactions, mainly composed of AI-driven services, is driving the market’s growth. For instance, in April 2024, Pudu Robotics introduced the BellaBot Pro, a next-generation smart service robot that uses AI for personalized interactions. It features an advertising screen, advanced PUDU VSLAM+ technology, and safety features such as tray atmosphere light, obstacle avoidance, and ground projection lights. The robot reduces setup time by 75.0%.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Retail Robotics Market by Type
- Mobile Robotics
- Autonomous Robotics
- Semi-Autonomous
Global Retail Robotics Market by Deployment
- Cloud-Based
- On-Premises
- Third-Party Deployment Services
Global Retail Robotics Market by Application
- Inventory Management
- Delivery Management
- In-Store Services
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Bossa Nova Robotics
- Fetch Robotics Inc.
- Geryorange Pte. Ltd.
- Honda Motor Co., Ltd.
- Locus Robotics
- Rethink Rob GmbH
- Savioke Inc.
- Softbank Robotics Corp.
- ST Engineering Aethon, Inc.
- Sz Dji Technology Co., Ltd.
- Universal Robots A/S
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global retail robotics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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