- Views: 5
- Report Article
- Articles
- Automotive
- Other
Autonomous Last Mile Delivery Market: Opportunities and Forecast Assessment, 2020–2027
Posted: May 08, 2020
Autonomous last mile delivery is used in autonomous vehicle to deliver product or services to doorsteps of customers. This process does not involve any human interventions. This delivery process often comprises over half of the overall delivery costs on the whole process. It generally uses two types of platform: aerial delivery by drones and ground delivery by vehicles. Autonomous last mile delivery is used for various sectors such as retail & food, healthcare, and other related sectors.
The major factors that are driving the growth of the Autonomous last mile delivery market include the increasing adoption of aerial delivery drone and ground delivery vehicles. The growth of aerial delivery drone is attributed to the increasing demand for fast delivery of product or services by customers, integration of advance sense and avoid systems, amendments in regulatory frameworks to promote the use of aerial delivery drones, and growing use of low-cost and high payload drones for the product deliver. The increasing demand to reduce delivery cost, increasing adoption of ground delivery vehicle coupled with technological advancement in ground delivery vehicle is fuelling the growth of the ground delivery vehicle market. Moreover, integration of Internet of Things (IoT) in the aerial delivery drone ecosystem, and flourishing e-commerce industry worldwide are expected to fuel the growth of the market during the forecast period. However, shortage of needed infrastructure to support aerial delivery drone operation in developing countries and stringent regulation related to pertaining the ground delivery vehicle operation are restraining the growth of the market.
Read Full Report Description: https://www.gmiresearch.com/report/autonomous-last-mile-delivery-market/
Based on the payload weight, the 5-10 kilograms segment is expected to grow at a higher CAGR during the forecast period owing to the increasing usage of aerial delivery drones and ground delivery vehicle carrying 5-10 kg capacity to deliver heavy parcel ordered online by customers. In addition to this, rising demand for cost-efficient autonomous last mile delivery of products is also boosting the growth of the segment during the forecast period.
Based on the range, the long range or>20 Kms segment is projected to grow at a higher CAGR during the forecast period owing to the growing requirement for long distance delivery of products, increasing demand for long range autonomous last mile delivery by both aerial delivery drone and ground delivery vehicle. Additionally, increasing adoption of both vehicle and drones for cost-effective delivery for long distance destinations are also propelling the growth of the market.
Based on the platform, the aerial delivery drone segment is expected to grow at a higher CAGR during the forecast period as it is easy to use and has high maneuverability features. The aerial delivery drones are able to cover large distance in short period of time and deliver parcel in geographically challenge locations are also booting the growth of the market.
Based on the region, North America is projected to grow at a higher CAGR during the forecast period owing to the growing development and adoption of next generation drones and vehicle technologies for delivering package. North American countries such as US and Canada are widely adopting aerial delivery drone technologies across various industries such as e-commerce, retail & food, and logistic & transportation for delivering products to the customer’s doorsteps.
The major key players in the market include Matternet, Zipline, Flytrex, Drone Delivery Canada Corp., Flirtey, Workhouse Group, Airbus SE, Starship Technologies, Savioke, Nuro, JD.com, Inc., Amazon.com, Inc., Eliport, Robby Technologies, Kiwi Campus, among others.
Key Developments:
- In Jan 2019, Starship Technologies entered into partnership with Sodexo and launched first batch of robots at US based George Mason University to deliver food to 40,000 students, faculty, and staff in the campus.
The Global Autonomous Last Mile Delivery Market has been segmented based on the Platform, Application, Payload Weight, Range, Solution, Aerial Delivery Drone Type, Ground Delivery Vehicle Type, and Region. Based on the Platform, the market is segmented into Aerial Delivery Drones and Ground Delivery Vehicles. Based on the Solution, the market is segmented into Hardware, Infrastructure, and Software. Based on the Payload Weight, the market is segmented into 10 Kilograms. Based on the Range, the market is segmented into Short Range and Long Range. Based on the Application, the market is segmented into Logistics & Transportation, Retail & Food, and Others. Based on the Aerial Delivery Drone Type, the market is segmented into Fixed-Wing, Rotary-Wing, and Hybrid. Based on the Ground Delivery Vehicle Type, the market is segmented into Delivery Bots and Self-Driving Vans & Trucks.
Key questions answered in this research report:
- At what pace is the global Autonomous Last Mile Delivery Market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in the global Autonomous Last Mile Delivery Market? What will be the impact of drivers and restraints in the future?
- What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Autonomous Last Mile Delivery Market?
- Which solution generated maximum revenues in 2019 and identify the most promising solutions during the forecast period?
- What are the various platforms of the global Autonomous Last Mile Delivery Market, and how are they poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
GMI Research is a market research and consulting firm which provides bespoke industry & market insights to help businesses in making the toughest business decision. We the know the significance of accurate data that’s why our analyst use tailored methodology to study each and every market in detail because one size doesn’t fit all. We just don’t cover only the traditional well-established market but also focuses more on niche market and markets in emerging market for which getting information is very difficult, which makes us pioneer in emerging market research space. Our syndicate reports cover multiple industry across regions and country.
Our in-depth market reports help propel your business with all the data, strategic inputs and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.
Media Contact
Company Name: GMI RESEARCH
Contact Person: Sarah Nash
Email: enquiry@gmiresearch.com
Phone: Europe - +353 1 442 8820; US - +1 860 881 2270
Address: Dublin, Ireland
Website: www.gmiresearch.com
Ricky Sheikh, SEO & Research Analyst in GMI research a market research and consulting firm.