What are the major trends in Autonomous Last Mile Delivery Market?


Posted June 8, 2022 by AerospaceDefense

The autonomous last mile delivery market is valued at USD 860 million in 2021 and is projected to reach USD 4,964 million by 2030, at a CAGR of 21.5%.
 
The report "Autonomous Last Mile Delivery Market by Platform (Aerial Delivery Drones, Ground Delivery Vehicles (Delivery Bots, Self-Driving Vans & Trucks)), Solution, Application, Type, Payload Weight, Range, Duration and Region - Global Forecast to 2030", is valued at USD 860 million in 2021 and is projected to reach USD 4,964 million by 2030, at a CAGR of 21.5%. The Increased use of low-cost and light payload drones by startups for product delivery , expansion of e-commerce and Incorporation of advanced sense and avoid systems in aerial delivery drones, and have led to the growth of autonomous last mile aerial deliveries worldwide.

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“For Aerial Section, 5-10 Kilograms Payload Weight segment is expected to grow with highest CAGR and for ground segment >10 kilograms segment is expected to grow with highest CAGR during forecast period”

By Payload Weight, Aerial and Ground segments are divided into 10 kilograms. For Aerial Section, 5-10 Kilograms Payload Weight segment is expected to grow with highest CAGR and for ground segment >10 kilograms segment is expected to grow with highest CAGR during forecast period. The ongoing advancements in drone/autonomous ground vehicle logistics are expected to boost the payload carrying capacity of aerial delivery drones/ autonomous ground vehicle and enhance the market growth.

“For both aerial and ground segments retail & food segment is expected to grow with highest CAGR during forecast period”

Based on application, the aerial delivery drone market has been segmented into logistics & transportation, healthcare & pharmacy, and retail & food. Based on application, the ground delivery vehicles market has been segmented into logistics & transportation and retail & food. For both aerial and ground segments retail & food segment is expected to grow with the highest CAGR during the forecast period. One principal driver factor for the market growth is the boom of e-commerce propelled the need of faster one-day delivery that positively boosted the drone delivery/ground vehicle application market.

“For both Aerial and Ground segments infrastructure solution segment is going to have the highest growth”

Based on solution, the aerial delivery drone/ground delivery vehicle market is classified into hardware, software, and infrastructure. For both Aerial and Ground segments infrastructure solution segment is going to have the highest growth. The ongoing technological up gradation has boosted the market for drone/ ground bots infrastructure, as present airframes and autonomous delivery vehicles could be fitted with sophisticated sensors and AI technology for better flight control and performance.

North America is Projected to have the Highest Market Share for Autonomous Last Mile Delivery Market in 2021

North America is projected to lead the autonomous last mile delivery market in 2021. In North America, especially the US, ground delivery robots have become commercialized in the last few years. US-based companies like Savioke, Nuro, Robby Technologies, and several others have created autonomous mobile robots that look ready for the streets and are already finding gainful employment in enclosed premises of universities and hotels.

Key players operating

In ALMD market are Starship Technologies (US), JD.com (China), Nuro (US), Amazon (US), Kiwi Campus (US), Zipline (US), United Parcel Service (US), Wing (US), Flirtey (SkyDrop) and Aerodyne Group (Malaysia).

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Issued By marketsandmarkets
Country United Kingdom
Categories Aerospace , Reports , Research
Tags autonomous last mile delivery market
Last Updated June 8, 2022