The Global Autonomous Last Mile Delivery Market was valued at $15.3 Billion in 2020, Growing at a high CAGR of more than 20.7% between 2021 and 2031, it is estimated to reach $120.3 Billion by 2031. But, the current pandemic of COVID-19 might make a slight difference in the current year's growth rate. Autonomous last-mile delivery provides autonomous vehicles to deliver the product or service to the customer’s doorstep. The entire process is done without any human intervention. The growing demand for faster delivery and cost-effective services, along with the increasing e-commerce sector, has augmented market growth. In addition to this, a robust startup ecosystem in the robotics space, and rapid technological developments, drive market growth over the forecast period. Now, moving forward, the robust demand for the Global Autonomous Last-Mile Delivery Market in the mile delivery department is further estimated to create new necessities and augment the market of growth over the forecast period of 2021-2031.
Global Autonomous Last-Mile Delivery Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The Autonomous Last-Mile Delivery market is segmented as platform, solution, range, and end-use. Based on Platform Autonomous Last-Mile Delivery market is divided into Ground Delivery Vehicles, Delivery Bots, Self-driving Vans & Trucks, Aerial Delivery Drones, Fixed-Wing, Rotary-Wing, and Hybrid. Based on Solution, the global Autonomous Last-Mile Delivery market has been bifurcated as Hardware, Software, and Service. Based on Range, the global Autonomous Last-Mile Delivery market has been segmented as Short Range (<20 Kilometers) and Long Range (>20 Kilometers). Based on End-Use, the global Autonomous Last-Mile Delivery market has been bifurcated as Food & Beverages, Retail, Healthcare, and Others.
By Region, North America is Holding the Major Market Share
The Autonomous Last-Mile Delivery Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, North America has a significant share among those regions. The regional market comprises developing nations whose development rate is faster than most of the developing countries in the world. The availability of advanced technology, rapid online shopping, and increasing demand for autonomous mile delivery are the prime factors for the market growth over the region. Apart from that, the Asia Pacific and Europe are expected to increase the growth rate in the upcoming forecast period of 2021 to 2031.
Major Players in the Global Autonomous Last Mile Delivery Market
The report covers a detailed outlook about the company, and it includes the company or industry profiles and market share of key players operating in the global market. Key players in the report include Alibaba, Amazon.com, Inc., Drone Delivery Canada, Flytrex, JD.com, Kiwi Campus (Kiwibot), Nuro, Refraction AI, Robby Technologies, Shenzhen Yiqing Innovation Technology Co., Ltd., Starship Technologies, TeleRetail, Udelv Inc., Unsupervised AI, and Wing Aviation LLC among others.
The Global Autonomous Last Mile Delivery Market Has Been Segmented into:
Global Autonomous Last Mile Delivery Market: By Platform
Global Autonomous Last Mile Delivery Market: By Solution
Global Autonomous Last Mile Delivery Market: By Range
Global Autonomous Last Mile Delivery Market: By End-Use
Global Autonomous Last Mile Delivery Market: By Region