Global Autonomous Last Mile Delivery Market Size study & Forecast, by Application (Logistics, Healthcare and Pharmaceutical, Food and Beverage, Retail and Others), by Solution (Hardware, Software and Services), by Range (Short Range and Long Range), by Ve

Global Autonomous Last Mile Delivery Market Size study & Forecast, by Application (Logistics, Healthcare and Pharmaceutical, Food and Beverage, Retail and Others), by Solution (Hardware, Software and Services), by Range (Short Range and Long Range), by Vehicle Type (Aerial Delivery Drones, Ground Delivery Bots, Self-driving Trucks and Vans) and Regional Analysis, 2022-2029

Global Autonomous Last Mile Delivery Market is valued at approximately USD 12.88 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 24.1% over the forecast period 2022-2029. Autonomous Last Mile Delivery refers to the shipment of e-commerce deliveries through the application of autonomous vehicles including aerial delivery drones, self-driving vehicles, and automated delivery robots among others. Moreover, companies are opting for autonomous vehicles to process fast delivery of packages. The increasing expansion of last mile delivery market and growing penetration of e-commerce platforms as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing expansion of last mile delivery services across the globe is contributing towards the growth of the Global Autonomous Last Mile Delivery Market. For instance, according to Statista – in 2020, the global market for last mile deliveries was estimated at USD 108.1 billion, and the market is projected to grow to USD 200 billion by 2027, witnessing a compound annual growth rate of over 9.09 percent. Moreover, the rising growth of the e-commerce industry is another factor driving the market space. For instance – as per India Brand Equity Foundation (IBEF) estimates – as of 2022, the Indian E-commerce market is valued at USD 74.8 billion, and the market is projected to grow to USD 111 billion by 2024 and USD 200 billion by 2026. Also, growing emergence of AI and ML technologies and increase in demand for fast delivery of packages would create a lucrative growth prospectus for the market over the forecast period. However, lack of penetration of Autonomous Last Mile Delivery in emerging markets stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Autonomous Last Mile Delivery Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players offering autonomous last mile delivery and availability of required technological infrastructure in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising expansion of e-commerce platforms and increasing penetration of leading market players in the region.

Major market players included in this report are:
Matternet
Flirtey
Drone Delivery Canada
Flytrex
Amazon.com
JD.com Inc.
Marble Robot
Starship Technologies
Savioke Inc.
DHL International GmbH

Recent Developments in the Market:
 In October 2021, British startup Wayve, and UK-based online retailer Ocado commenced testing of autonomous technology for its last-mile delivery operations in London. The retailer invested over USD 13 million in the business in October 2021 to advance the development of automated food delivery across metropolitan regions. Moreover, Wayve teamed with Microsoft to acquire access to the supercomputing infrastructure in order to scale its artificial intelligence (AI) models for self-driving cars.

 In January 2022, Flirtey announced rebranding for its autonomous last-mile drone delivery business. The company rebranded itself as SkyDrop.

Global Autonomous Last Mile Delivery Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Solution, Range, Vehicle Type, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application
Logistics
Healthcare and Pharmaceutical
Food and Beverage
Retail
Others

By Solution
Hardware
Software
Services

By Range
Short Range
Long Range

By Vehicle Type
Aerial Delivery Drones
Ground Delivery Bots
Self-driving Trucks and Vans

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Matternet
Flirtey
Drone Delivery Canada
Flytrex
Amazon.com
JD.com Inc.
Marble Robot
Starship Technologies
Savioke Inc.
DHL International GmbH

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions