Overview and Scope
The autonomous last-mile delivery refer to the last phase of the delivery process when cargo is carried from a transportation hub to its final destination usually through drones or autonomous vehicles. Autonomous last-mile delivery solutions are used by various retailers and logistics companies for heavy, medium, or lightweight cargo to minimize the delivery time and supply-chain costs.
Sizing and Forecast
The autonomous last mile delivery market size has grown exponentially in recent years. It will grow from $23.35 billion in 2023 to $30.11 billion in 2024 at a compound annual growth rate (CAGR) of 28.9%. The growth in the historic period can be attributed to e-commerce growth, increased traffic congestion, infrastructure investments, cost reduction imperative, urbanization trends..
The autonomous last mile delivery market size is expected to see exponential growth in the next few years. It will grow to $83.37 billion in 2028 at a compound annual growth rate (CAGR) of 29.0%. The growth in the forecast period can be attributed to rising demand for contactless deliveries, focus on safety and reliability, last-mile challenges in healthcare, data security and privacy measures, contactless and touch-free deliveries. Major trends in the forecast period include expansion of drone delivery services, autonomous vehicles for urban deliveries, focus on sustainability and electric vehicles, collaborations and partnerships, rural and remote area delivery solutions, enhanced security features,technological innovations in navigation..
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Segmentation & Regional Insights
The autonomous last mile delivery market covered in this report is segmented –
1) By Vehicle Type: Aerial Delivery Drone, Ground Delivery Bots, Self-Driving Trucks And Vans
2) By Solution: Hardware, Software, Service
3) By Range: Short Range, Long Range
4) By Application: Logistics, Healthcare And Pharmaceuticals, Food And Beverages, Retail, Other Applications
North America was the largest region in the autonomous last-mile delivery market in 2023. The regions covered in the autonomous last mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The growth of the e-commerce industry is expected to propel the growth of the autonomous last-mile delivery market. The e-commerce industry refers to the buying and selling of products and services online that focuses on same-day delivery and on-time delivery to provide a better customer experience. Various factors like workforce shortage, pandemic outbreaks, and supply chain disruptions are leading customers to shop online through e-commerce platforms. E-commerce companies are using drones and autonomous vehicles for the last stage of delivery of the courier and parcel to end-users at their doorsteps without human intervention. For instance, according to India Brand Equity Foundation, an India-based government export promotion agency, the e-commerce sector in India is estimated to reach $111.4 billion by 2025. Therefore, the rising e-commerce industry is driving the autonomous last-mile delivery market growth.
Key Industry Players
Major companies operating in the autonomous last mile delivery market report are Amazon com Inc.,DHL Group,Geopost,Drone Delivery Canada Corp.,Flirtey Inc.,Flytrex Inc., JD com Inc.,Caterpillar Inc,Matternet Inc.,Relay Robotics, Starship Technologies Inc.,MercuryGate International Inc., Dronescan Ltd.,Edron Business Systems, Nuro Inc.,Unsupervised com Inc., Kiwi Campus Inc., Eliport Inc.,Skycart Inc., Refraction AI Inc., Robby Technologies Inc., Udelv Inc.,Kiwi Campus Inc.,Starship Technologies,Carrypicker GmbH,B-ON GmbH,Blue Dart Express Ltd.,Workhorse Group Inc.,Aeva Technologies Pvt Ltd.,Baidu Inc.
The autonomous last mile delivery market report table of contents includes:
1. Executive Summary
2. Autonomous Last Mile Delivery Market Characteristics
3. Autonomous Last Mile Delivery Market Trends And Strategies
4. Autonomous Last Mile Delivery market analysis
5.Autonomous Last Mile Delivery Market Size And Growth
6Autonomous Last Mile Delivery. Segmentation
7.Autonomous Last Mile Delivery Regional And Country Analysis
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27.Autonomous Last Mile Delivery Competitive Landscape And Company Profiles
28.Autonomous Last Mile Delivery Key Mergers And Acquisitions
29.Autonomous Last Mile Delivery Future Outlook and Potential Analysis
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