COVID-19 impact on the Autonomous Last Mile Delivery Market

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COVID-19 impact on the Autonomous Last Mile
Delivery Market According to the latest market
research report the Autonomous Last Mile Delivery
Market is valued at 860 million in 2021 and is
projected to reach 4,964 million by 2030, at a
CAGR of 21.5. North America is estimated to
account for the largest share of the autonomous
last mile delivery market in 2021. Browse 606
market data Tables and 67 Figures spread through
424 Pages and in-depth TOC on "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" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id41240862 COVID-19 impact on the
Autonomous Last Mile Delivery Market During the
outbreak of COVID-19 worldwide, families
throughout the globe preferred to self-isolate
them and opted for the method of arranging online
orders for their daily necessities. Thus,
suppliers are implementing autonomous means such
as drones and robots, to deliver the goods to the
customer without any human participation. The
rising adoption of newer last mile methods such
as curbside pickup, parcel lockers, along with
delivery subscription were launched which has
flourished the last mile delivery services across
various nations. The market for delivery drones
in the aerial segment and self-driving vans
trucks in the ground segment is projected to
grow with higher CAGR Based on platform, the
market in the aerial segment is divided into
Cargo Drone and Delivery Drone and for ground
segment the market is divided into Delivery Bots
and Self Driving Trucks and Vans. The market for
delivery drones in the aerial segment and
self-driving vans trucks in the ground segment
is projected to grow with higher CAGR due to the
increasing need for autonomous delivery solutions
in food and retail sectors and growing need
of contact-less healthcare supply deliveries
using autonomous ground vehicles /aerial drones
owing to COVID-19 pandemic.
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Long range segment (gt20 Kilometers) is expected
to lead both the aerial and ground autonomous
last mile delivery markets, with the higher CAGR
during the forecast period Based on range,
aerial and ground segments comprise of Short
Range (lt Kilometers) and long range segment (gt20
Kilometers). Long range segment (gt20 Kilometers)
is expected to lead both the aerial and ground
autonomous last mile delivery markets, with the
higher CAGR during the forecast period. This is
owing to high portability, increased efficiency,
and low operating costs of aerial drone delivery
services. Also, the need to curb pollution in big
cities and need of long-range autonomous ground
robots which could reduce carbon dioxide
emissions to pose as the biggest driver for this
market segment. For Aerial Section, 5-10
Kilograms Payload Weight segment is expected to
grow with highest CAGR and for ground segment gt10
kilograms segment is expected to grow with
highest CAGR during forecast period By Payload
Weight, Aerial and Ground segments are divided
into lt5 kilograms, 510 kilograms, and gt10
kilograms. For Aerial Section, 5-10 Kilograms
Payload Weight segment is expected to grow
with highest CAGR and for ground segment
gt10 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.
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North America is expected to hold the highest
market share in 2021. North America is projected
to lead the autonomous last mile delivery market
in 2021. The US is the largest market for
autonomous last mile delivery in North America.
The growing spending by the US government
organizations for drone/autonomous ground vehicle
upgradation and private players along with
deployment of autonomous last mile delivery
solutions are key factors expected to drive the
market in North America. Key Market Players 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). Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id41240862
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