Autonomous Last Mile Delivery Market : Drivers and Challenges

1
Autonomous Last Mile Delivery Market
Drivers and Challenges 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 increased demand
for drone delivery services during COVID-19
crisis, rise in technological advancements in
delivery drones, growth opportunities for vendors
at different levels of value chain of aerial
drone deliveries and incorporation of IoT in
ecosystem of aerial delivery drones are
opportunities which will led to the growth of
autonomous last mile aerial deliveries
worldwide. 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. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id41240862 By Payload Weight, Aerial and
Ground segments are divided into 10 kilograms.
For Aerial Section, The payload capacity of
aerial delivery drones used for autonomous last
mile delivery of packages is an important
parameter. Presently, these drones have a limited
payload capacity. However, ongoing
advancements in drone logistics are expected
to boost the payload carrying capacity of aerial
delivery drones . For Ground Section, The demand
for ground delivery vehicles with a large payload
capacity (gt10 kilograms) is expected to increase
during the forecast period due to the need for
effective and timely delivery of heavy last mile
packages. 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. The logistics
transportation segment has been further segmented
into postal delivery and package delivery. The
retail food segment
2
has been classified into e-commerce, grocery
delivery, and food delivery. Currently, online
retail service providers and logistics
companies are aiming at creating autonomous
aerial and ground delivery vehicles intended to
carry heavy payloads and fulfill customers last
mile needs. Based on solution, the aerial
delivery drone market is classified into
hardware, software, and infrastructure.
Similarly, ground delivery robots are also
gaining attention and are being employed in
university campuses for food and parcel
deliveries and for COVID -19 relief missions. The
market for ground delivery robots used for last
mile delivery is also classified into hardware,
software, and infrastructure segments like aerial
delivery drones. North America held largest share
of the market during 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 up gradation and private players
along with deployment of autonomous last mile
delivery solutions are key factors expected to
drive the market in North America. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id41240862
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune
1000 companies as clients. Almost 75,000 top
officers across eight industries worldwide
approach MarketsandMarkets for their
painpoints around revenues decisions. Marketsand
Marketss flagship competitive intelligence and
market research platform, "Knowledgestore"
connects over 200,000 markets and entire value
chains for deeper understanding of the unmet
insights along with market sizing and forecasts
of niche markets. Contact Mr.Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441