Autonomous Last Mile Delivery Market Set to Grow at the Fastest Rate till 2030 - PowerPoint PPT Presentation

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Autonomous Last Mile Delivery Market Set to Grow at the Fastest Rate till 2030

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The Global Autonomous Last Mile Delivery Market size is estimated to be USD 12.0 billion in 2019 and is projected to reach USD 91.5 billion by 2030; it is expected to grow at a CAGR of 20.3% from 2019 to 2030. – PowerPoint PPT presentation

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Title: Autonomous Last Mile Delivery Market Set to Grow at the Fastest Rate till 2030


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Autonomous Last Mile Delivery Market Set to
Grow at the Fastest Rate till 2030 According to
the latest market research report the "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 projected to reach USD 91.5 billion by
2030, at a CAGR of 20.3 from 2021 to
2030. The autonomous last mile delivery
market is estimated to reach USD 91.5 billion
by 2030, at a Compound Annual Growth
Rate (CAGR) of 20.3 from 2021 to 2030. The
growth of the market can be attributed to the
increasing investments being made to enhance the
range and payload capacities of aerial delivery
drones and ground delivery vehicles to carry
out effective autonomous last mile delivery of
packages and technological advancements taking
place in the hardware of aerial delivery drones
and ground delivery vehicles. Browse 245 market
data Tables and 60 Figures spread through 297
Pages and in- depth TOC on "Autonomous Last Mile
Delivery Market - Global Forecast to
2030" Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id41240862 The
growing demand for the fast delivery of packages
by consumers has led to the increased adoption of
aerial delivery drones in the global e-commerce
industry. The rise in the number of customers
willing to pay for same-day delivery has led to
the growth of the aerial delivery drones market.
Companies such as Uber and Deliv are stakeholders
in the same-day delivery market. The 510
kilograms segment of the aerial delivery drones
market and the ground delivery vehicles market is
projected to grow at the highest CAGR from 2019
to 2030. Based on payload weight, the 510
kilograms segment of the aerial delivery drones
market and the ground delivery vehicles market is
projected to grow at the highest CAGR during the
forecast period. Aerial delivery drones and
ground delivery vehicles with a load carrying
capacity of between 510 kilograms are mainly
used to deliver
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groceries and heavy parcels ordered by online
shoppers. The increasing demand for highly
efficient aerial delivery drones and ground
delivery vehicles to carry out the cost-effective
autonomous last mile delivery of packages is
contributing to the growth of this segment of the
market. The long range (gt20 kilometers) segment
of the aerial delivery drones market and the
ground delivery vehicles market is projected to
grow at a higher CAGR than the small range (lt20
kilometers) segment during the forecast
period. Based on range, the long range (gt20
kilometers) segment of the aerial delivery drones
market and the ground delivery vehicles market is
projected to grow at a higher CAGR than the small
range (lt20 kilometers) segment from 2019 to 2030.
Increasing demand for the autonomous last mile
delivery of packages to long-distance
destinations is fueling the growth of this
segment of the market. The long duration (gt30
minutes) of the aerial delivery drones market and
the ground delivery vehicles market is estimated
to account for a larger share in 2021 There is a
rising focus by major drone OEMs, such as Boeing
(US) and Wingcopter (Germany), on the development
of drones that can operate for more than 30
minutes to deliver packages at a longer distance.
Demand for medical aids in hard-to-reach areas to
drive the segment The North American region is
expected to lead the aerial delivery drones
market in 2019. The North American region is
estimated to account for the largest share of the
aerial delivery drones market in 2019. The growth
of the market in this region can be attributed to
increased adoption of aerial delivery drones in
the food, e-commerce, and logistics
transportation industries of countries such as
the US and Canada for delivering their products
to customers. Asia Pacific region is anticipated
to record high growth during the forecast period.
The demand for last mile delivery is continuously
increasing in China. Though the use of drones
for delivery is legal in the country,
according to the Civil Aviation
Administration of China (CAAC), drones should not
fly above the height of 120 meters. Major
players, such as JD.com and Alibaba, are
investing heavily in this space. Key Market
Players The major players in the autonomous last
mile delivery market include Starship
Technologies (US), Savioke (US), Nuro (US),
JD.com (China), and Flirtey (US), among
others. Ask for Sample Report _at_
3
https//www.marketsandmarkets.com/requestsampleNew
.asp?id41240862
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