Autonomous Last Mile Delivery Market Size, Growth, Report By 2032

The global autonomous last mile delivery market size surpassed USD 3.47 billion in 2023 and is projected to attain around USD 29.13 billion by 2032,  at a CAGR of 23.71% from 2023 to 2032.

Key Points:

  • North America has held the highest market share of 47% in 2022.
  • By Platform, the ground delivery vehicles segment has captured the highest market share of 84% in 2022.
  • By Range, the short-range (<20 kilometers) segment accounted highest market share of 88% in 2022.
  • By End-use, the food & beverage segment has captured the highest revenue share of over 86% in 2022.

Autonomous Last Mile Delivery Market Size 2023 To 2032

The autonomous last mile delivery market refers to the use of advanced technologies such as drones, robots, and autonomous vehicles to transport goods from distribution centers to end customers efficiently and with minimal human intervention. This market is rapidly growing as businesses and consumers seek faster, more reliable, and cost-effective delivery solutions.

Get a Sample: https://www.precedenceresearch.com/sample/3275

Growth Factors:

Key growth factors in the autonomous last mile delivery market include the rise of e-commerce, which has significantly increased demand for quick and efficient deliveries. Advancements in artificial intelligence and robotics have enabled more reliable and efficient autonomous delivery systems. Additionally, the growing focus on reducing carbon emissions and traffic congestion in urban areas is driving the adoption of autonomous delivery methods that use clean energy sources and optimize routes.

Region Insights:

The autonomous last mile delivery market is experiencing different levels of adoption across regions. In North America, early adoption and technological advancements have fueled market growth, while in Europe, a strong focus on sustainability and regulations supporting autonomous vehicles contribute to expansion. Asia-Pacific is expected to witness significant growth due to the rapid adoption of e-commerce and the presence of major tech companies investing in autonomous delivery technologies.

Autonomous Last Mile Delivery Market Scope

Report Coverage Details
Market Size in 2023 USD 4.29 Billion
Market Size by 2032 USD 29.13 Billion
Growth Rate from 2023 to 2032 CAGR of 23.71%
Largest Market North America
Base Year 2022
Forecast Period 2023 To 2032
Segments Covered By Application, By Solution, By Range, and By Vehicle Type
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Autonomous Last Mile Delivery Market Dynamics:

Drivers:

The market is driven by factors such as increased demand for faster and more efficient delivery, technological advancements in autonomous vehicles, and the need to minimize delivery costs. Consumer preferences for contactless delivery and the potential for reducing delivery times also contribute to the growth of this market.

Opportunities:

Opportunities in the autonomous last mile delivery market include the development of innovative delivery solutions such as drones and ground-based robots, which can navigate urban and suburban areas effectively. Collaborations between technology companies and logistics providers can lead to the creation of integrated, seamless delivery systems. There is also potential for expansion into new markets and industries, such as healthcare and food delivery.

Challenges:

Despite the growth potential, the market faces challenges such as regulatory hurdles, safety concerns, and public acceptance of autonomous delivery methods. Infrastructure limitations, such as the lack of charging stations for electric autonomous vehicles, can also pose challenges. Additionally, companies need to address security and privacy concerns related to data collection and usage in autonomous delivery systems.

Read Also: Turbocharger Market Size to Reach USD 64.69 Bn By 2032

Recent Developments:

  • Starship Technologies, renowned for their autonomous delivery services, have joined forces with the Trafford Council and Co-op for introducing food delivery by robot to Greater Manchester. Initially, service is available for 24,000 people in 10,500 households on Sale. The move marks Starship’s expansion into the northern England, where their already robots have been widely embraced in cities and towns such as Northampton, Milton Bedford, Keynes, Cambridge, Cambourne, and Leeds.
  • Kiwibot has recently announced a $10 million partnership with Kineo Finance. The Colombian startup will be able to broaden their range of autonomous robots with the help of this funding, thereby making a major impact in the delivery-as-a-service (DaaS) sector. Installed with GPS, advanced camera sensors, AI, and other advances, their aim is to completely overhaul food delivery for restaurants and customers alike.
  • Grubhub and Kiwibot have teamed up to launch robot delivery services in college campuses across the U.S., beginning with the University of North Dakota in the upcoming semester. After this initial launch, it will be made available at other schools, making Kiwibot part of Grubhub’s roster of partners, such as Starship and Cartken, offering robot delivery for nearly a dozen of campuses.
  • In two locations, Lockeford, California, and College Station, Texas, Amazon has officially initiated its Prime Air drone delivery service, following approval from the Federal Aviation Administration and in cooperation with local authorities. If an order is below 5 pounds, drone will be dispatched to the customer’s backyard, drop the order, and go back to its base.

Autonomous Last Mile Delivery Market Companies

  • DPD
  • United Parcel Service of America, Inc.
  • DHL International GmbH
  • Savioke
  • Starship Technologies
  • Marble Robot
  • JD.com Inc.
  • Amazon.com
  • Flytrex
  • Drone Delivery Canada
  • Flirtey
  • Matternet
  • Airbus S.A.S.

Segments Covered in the Report:

By Application

  • Retail
  • Logistics
  • Food and Beverage
  • Healthcare and Pharmaceutical
  • Others

By Solution

  • Services
  • Software
  • Hardware

By Range

  • Long Range
  • Short Range

By Vehicle Type

  • Ground Delivery Bots
    • Delivery Bots
    • Self-driving Vans & Trucks
  • Aerial Delivery Drones
    • Fixed-Wing
    • Rotary-Wing
    • Hybrid

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.expresswebwire.com/

Blog: https://www.uswebwire.com/

Blog: https://www.dailytechbulletin.com/

Blog: https://www.autoindustrybulletin.com/

Leave a Reply

Your email address will not be published. Required fields are marked *