Autonomous Last Mile Delivery Market Forecasts to 2028 - Global Analysis By Payload Weight (<5 Kilograms, 5-10 Kilograms, >10 Kilograms), Solution (Software, Hardware), Range, Platform, Application, and By Geography
発行: Stratistics Market Research Consulting
ページ情報: 英文 200+ Pages
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
According to Stratistics MRC, the Global Autonomous Last Mile Delivery Market is accounted for $14.64 billion in 2021 and is expected to reach $58.89 billion by 2028 growing at a CAGR of 22.0% during the forecast period. Autonomous last mile delivery consists of autonomous vehicles to deliver the product or service to customer's doorstep without any human intervention in the entire process. It ensures that the product is delivered to the customer within a stipulated time without hampering the dignity and market image of the company. As free shipping and excessive orders are being placed more frequently, there's been a need for a more high-tech and efficient solution. In this scenario, autonomous last-mile delivery gains importance. It includes the implementation of aerial delivery drones.
Growing demand for fast delivery of packages
With the advent in the COVID-19 pandemic, customer's preference toward online shipping of daily necessities has increased, which has supplemented the growth of the autonomous last mile delivery market. For instance, there has been a spike in the e-grocery orders in China due to consumer's inclination toward e-commerce companies such as JD.com, Alibaba Group and MTDP to shop virtually for their household needs. This is practiced to avoid face-to-face contact among individuals during the pandemic. With the advent in online shopping along with the customer's inclination toward buying products through an online source, the demand for better and more efficient delivery service for the products has increased. In addition, various means to deliver a package such as by drones or by autonomous vehicles have increased due to the demand for fast delivery of packages, which further boosts the growth of the autonomous last mile delivery market across the globe.
In some regions, a weak network and range complexity may result in delays in delivery time, and location mismatch, which further affects the overall operation & tracking. The companies are currently in the stage of developing a long-range-based delivery product to meet the end-user need. There are also many restrictions associated with automated last miles delivery services, such as low range of travel anxiety, moderate performance, and lack of precise operation in rural areas, which may lead to the lower demand for unmanned last mile delivery services. It will subsequently hamper the market growth
Growing technological advancements
The COVID-19 pandemic has accelerated the adoption of technologies such as artificial intelligence (AI) along with advanced demand sensing algorithms in last mile delivery services; thus, creating a competitive advantage among key players in the industry. The trend for delivery of packages by means of drones and other autonomous vehicles has increased due to technological advancement along with the demand for faster delivery of packages. Various companies providing drone delivery services have made innovations and developments to deliver packages to longer distances without human involvement, which further boosts the market growth. For instance, Zipline along with other companies is effectively delivering the medical services in Ghana and Rwanda by means of drones. Such collaborations and technological advancements in delivery vehicles drive the growth of the autonomous last mile delivery market across the globe.
Lack of infrastructure
Proper infrastructure includes fixed path for ground delivery bots and self-driving trucks & vans and specific route for aerial delivery drones without which the delivery services are affected, causing unexpected delays in the delivery of products and services. Without the availability of proper infrastructure for autonomous vehicles to deliver products and services, the autonomous last mile delivery market is affected to a much larger extent eventually hampering the growth of the market. Hence, lack of required infrastructure to support operations of autonomous delivery services hampers the growth of the autonomous last mile delivery market across the globe.
The software segment is expected to be the largest during the forecast period
The software segment is estimated to have a lucrative growth. Software such as fleet management, route optimization & planning, inventory management, live tracking, and others forms a medium through which autonomous mile delivery services operate efficiently. For example, Starship Technologies company uses Sitara processors, which are specifically optimized for the low powered robot operation of machine learning in the robot itself, which enables Wave sensor data to be utilized for accurate categorization in real-time. Such innovation and advanced use of software for the applications of last mile deliveries is expected to boost the market's growth.
The long range (>20 kilometers) segment is expected to have the highest CAGR during the forecast period
The long range (>20 kilometers) segment is anticipated to witness the fastest CAGR growth during the forecast period. Long range segment (>20 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.
Region with highest share:
North America is projected to hold the largest market share during the forecast period. 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. Moreover, during the pandemic, across North America, customers are inclined to e-shopping for daily necessities such as groceries, medicines, and others as preventive measures to avoid human-to-human interaction or contact. Thus, to deliver the orders, shop owners and other ecosystem players have collaborated and agreed with local & international drones and ground delivery bot manufacturers to offer their products.
Region with highest CAGR:
Middle East and Africa is projected to have the highest CAGR over the forecast period. Middle East and African countries, economic development and industrial expansion will offer promising opportunities for the automation of last mile delivery services. Furthermore, a drastic rise in unmanned autonomous vehicles in Saudi Arabia, South Africa, and the UAE are observed. Moreover, demonstration of delivery robot package delivery and change in customers' lifestyle are expected to boost the regional market growth during the forecast period.
Key players in the market
Some of the key players profiled in the Autonomous Last Mile Delivery Market include Airbus, Altitude Angel, Amazon, Dronescan, Eliport, Flirtey, Flytrex, Hardis Group, Matternet, Nuro, Robby Technologies, Skycart, Starship Technologies, Unsupervised.AI, and Zipline
In December 2021, Starship Technologies has revealed its 2021 Robot Wrap Up, highlighting the most popular and quirky requests and orders that its fleet of more than 1,000 robots have received in the past year.
In February 2021, Amazon India announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country. This partnership with Mahindra Electric is an important step towards India's progress in the e-mobility industry to achieve its environmental sustainability goals.
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