About the Report
The global autonomous last mile delivery market is expected to surge at an impressive CAGR of around 19% over the forecast period of 2021 to 2031, with demand for aerial delivery drones skyrocketing.
Demand for autonomous last mile delivery has been increasing at a rapid pace in the past several years. With advancements in the technology of delivery systems, the market has portrayed noteworthy growth in the last few years. Growth of the market is attributed to increasing adoption of autonomous vehicles for the delivery of products without any human intervention. Furthermore, expansion of the e-Commerce industry has led to upgraded delivery processes for providing better and efficient delivery of products, which, in turn, is fuelling demand for autonomous last mile delivery.
Foremost objective of the new report by Fact.MR on autonomous last mile delivery is to pitch insights on the purchase growth scenario, demand generators, and development strategies in this space. The report provides a taxonomy elaborating on key segments. The report also outlines visionary insights on the market dynamics, including the drivers, restraints, opportunities, trends, and pricing analysis, along with key success factors. Demand trends have been tracked in 20+ high-growth countries, pointing towards countries in North America holding bulk of the market share.
Historical Trends Vs Future Market Projections
Historically, from 2016 to 2020, demand for autonomous last mile delivery increased substantially, and the key factor assisting this growth is its advantages over traditional delivery processes. Autonomous last mile delivery services use different platforms for the delivery of products. For instance, aerial methods allow product delivery without any human interaction by using several types of drones such as fixed wing, rotary wing, and hybrid drones.
The market is forecasted to expand at an impressive CAGR of around 19% over the coming 10 years. Prime factor influencing growth is inclination towards contactless delivery, owing to surge in COVID-19.
Which Region Offers Larger Opportunity for the Autonomous Last Mile Delivery?
North America is the major market for autonomous last mile delivery. North America accounts for around 59% of global sales value. The region is expected to offer US$ 40 Bn absolute dollar opportunity over the forecast period. The reason for this high market share is growing demand for contactless delivery systems in the region. Lately, there has been an emergence of different autonomous last mile delivery platforms to address the ongoing demand for the contactless delivery so as to avoid spread of COVID-19.
To address this, many manufacturers such as, Starship Technologies, Savioke, Nuro, and others are using drone platforms for different applications such as logistics & transportation, healthcare & pharmacies, and retail & food delivery. However, several companies are introducing ground delivery vehicle technologies for the delivery of products, using bots and self-driven vans.
Why are Aerial Delivery Drones More Preferred?
Among the platforms, the market is bifurcated into two segments - aerial delivery drones and ground delivery vehicles. In 2020, aerial delivery drones contributed the highest with over 61% market share, globally. Furthermore, aerial delivery drones are divided into three sub-segments - fixed-wing, rotary-wing, and hybrid drones. Rotary wing aerial drones captured the highest market share in 2020 at over 40%, globally.
Demand for aerial drones is expected to grow even further over the coming ten years at a CAGR of around 19%, while ground delivery vehicles will experience a CAGR of 18% over the forecast period.
Technology advancements in drones and other ground delivery vehicles have supported market growth for autonomous last mile delivery, owing to faster delivery processes. Several manufacturers are innovating and developing latest drones with artificial intelligence to offer sensing and advanced algorithms in autonomous last mile delivery systems.
How Has COVID-19 Boosted Demand for Autonomous Last Mile Delivery?
COVID-19 has supported market growth for autonomous last mile delivery. Surge in demand for contactless product delivery has been seen during the pandemic, so as to reduce the chances of virus spread due to human involvement. Customers are also ready to accept these devices as they provide fastest delivery combined with other AI features.
In 2020, the market witnessed an absolute dollar opportunity of US$ 88 Bn globally. Contactless delivery has provided a solution to e-Commerce companies in COVID-19 times, as they utilized this opportunity to keep their business afloat, while combatting COVID-19 spread.
Fact.MR has profiled the following top market players in autonomous last mile delivery in its report:
- Starship Technologies
- Robby Technologies
Majority of the companies discussed in the report have focused on upgrading their present operational framework. Some of the key developments are:
- In 2021, Amazon invested US$ 2 Bn in electric vehicles to reduce emissions across its operations. Amazon purchased 100,000 electric delivery vehicles, partnering with Mahindra Electric.
- In 2021, Starship Technologies announced its plans to expand its robotics delivery services to reduce COVID-19 spread. Additionally, the company is expanding to several other countries to facilitate e-Commerce services.
Similarly, recent developments related to companies providing autonomous last mile delivery have been tracked by the team at Fact.MR, which is available in the full report.
Historical Data Available for
US$ Mn for Value
Key Regions Covered
Key Countries Covered
Key Segments Covered
Key Companies Profiled
Key Questions Answered in Report
What is the expected growth rate for the market by 2031?
By value, globally, Fact.MR has projected a CAGR of around 19% for autonomous last mile delivery during 2021-2031.
Which region is expected to experience highest growth?
As per Fact.MR’s projections, East Asia and South Asia are expected experience the highest growth rate. Also, the market in the Middle East and Africa is expected to experience a high CAGR of over 20% through 2031.
Who are the prominent autonomous last mile delivery service providers?
Key players in the autonomous last mile delivery industry include Starship Technologies, Savioke, Nuro, Jd.Com, Amazon, Eliport, Robby Technologies, Kiwicampus, Marble, Teleretail, Postmates, Boxbot, Robomart, Udelv, and Hugo.
Enquiry Before Buying
Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
What research methodology is followed by Fact.MR?
Fact.MR follows a methodology that encompasses the demand-side assessment and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
Who are the respondents for primary research?
Fact.MR speaks to stakeholders across the spectrum, including C-level executives, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.
What are the sources of secondary research?
Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.
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Key Market Segments Covered
- Aerial Delivery Drones for Autonomous Last Mile Delivery
- Fixed-wing Drones for Autonomous Last Mile Delivery
- Rotary-wing Drones for Autonomous Last Mile Delivery
- Hybrid Drones for Autonomous Last Mile Delivery
- Ground Delivery Vehicles for Autonomous Last Mile Delivery
- Delivery Bots for Autonomous Last Mile Delivery
- Self-driving Delivery Vans & Trucks for Autonomous Last Mile Delivery
- Autonomous Last Mile Delivery Hardware
- Autonomous Last Mile Delivery Infrastructure
- Autonomous Last Mile Delivery Software
- <20 Kilometres
- >20 Kilometres
- Payload Weight
- < 5 Kilograms
- 5-10 Kilograms
- 10 Kilograms
- Autonomous Last Mile Delivery for Logistics & Transportation
- Autonomous Last Mile Delivery for Healthcare & Pharmacies
- Autonomous Last Mile Delivery for Retail & Food
- Aerial Delivery Drones for Autonomous Last Mile Delivery
- North America
- Latin America
- South Asia
- East Asia
Autonomous Last Mile Delivery Market - Scope of Report
A recent study by Fact.MR on the autonomous last mile delivery market offers a 10-year forecast for 2021 to 2031. The study analyzes crucial trends that are currently determining the growth of the market. This report explicates on vital dynamics, such as the drivers, restraints, and opportunities for key market players along with key stakeholders as well as emerging players associated with the development of autonomous last mile delivery.
The study also provides the dynamics that are responsible for influencing the future status of the market over the forecast period. A detailed assessment of value chain analysis, business execution, cost structure analysis, and supply chain analysis across regional markets has been covered in the report.
A list of prominent companies operating in the autonomous last mile delivery market, along with their product portfolios, enhances the reliability of this comprehensive research study.
The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of autonomous last mile delivery across the globe.
A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of autonomous last mile delivery during the forecast period.
Fact.MR has studied the market with detailed segmentation on the basis of platform, solution, range, payload weight, application, and key regions.
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
Analysis on Market Size Evaluation
The market has been analyzed for each market segment in terms of value (US$ Mn). Market estimates at global and regional levels for autonomous last mile delivery are available in terms of “US$ Mn”. A Y-o-Y growth contrast on prominent market segments, along with market attractiveness evaluation, has been incorporated in the report. Furthermore, absolute dollar opportunity analysis of all the segments adds prominence to the report. Absolute dollar opportunity plays a crucial role in assessing the level of opportunity that a solution provider can look to achieve, along with identifying potential resources, considering the sales and distribution perspective in the global autonomous last mile delivery market.
Inspected Assessment on Regional Segments
Key sections have been elaborated in the report, which have helped deliver projections on regional markets. These chapters include Porter’s five forces analysis and PESTLE analysis (political, economic, social, technology, legal, and environment outlook), which are expected to have a momentous influence on the growth of the autonomous last mile delivery market during the forecast period.
Country-specific valuation on demand for autonomous last mile delivery has been offered for each regional market, along with market scope estimates and forecasts, and impact analysis of the dynamics of prominence in regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Detailed breakup in terms of value for emerging countries has also been included in the report.
In-depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of autonomous last mile delivery, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in providing autonomous last mile delivery has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the autonomous last mile delivery market. Prominent companies operating in this market include Starship Technologies, Savioke, Nuro, Jd.Com, Amazon, Eliport, Robby Technologies, Kiwicampus, Marble, Teleretail, Postmates, Boxbot, Robomart, Udelv, Hugo, and others.
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