Autonomous Last Mile Delivery Market Booming Worldwide With Leading Key Players -Starship Technologies, JD.com, Savioke, Nuro, Cainiao Technology, Flirtey

Autonomous last mile delivery comprises autonomous vehicles both ground and aerial (example drones) to deliver the product or service to the customer's doorstep devoid of any human intervention in the complete process. On-demand delivery services are expected to witness a major change due to the commercialization of autonomous aerial delivery drones and ground delivery robots used to deliver packages. These delivery drones and robots are used in the retail, food & beverages, logistics, and healthcare industries, among others to deliver parcels. Ground delivery robots are being designed in such a way that they not only pick up subtle cues provided by pedestrians or other structures present on and along roads but also follow street signals while navigating.

The autonomous last mile delivery market is valued at USD 860 million in 2021 and is projected to reach USD 4,964 million by 2030, at a CAGR of 21.5%.. North America is estimated to account for the largest share of the autonomous last mile delivery market in 2021.

Latest launched research on Global Autonomous Last Mile Delivery Market, it provides detailed analysis with presentable graphs, charts and tables. This report covers an in depth study of the Autonomous Last Mile Delivery Market size, growth, and share, trends, consumption, segments, application and Forecast 2030. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the global Autonomous Last Mile Delivery Market. This report has been prepared by experienced and knowledgeable market analysts and researchers. Each section of the research study is specially prepared to explore key aspects of the global Autonomous Last Mile Delivery Market. Buyers of the report will have access to accurate PESTLE, SWOT and other types of analysis on the global Autonomous Last Mile Delivery market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.

Major Key players profiled in the report include:
Starship Technologies, JD.com, Savioke, Nuro, Cainiao Technology, Flirtey

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Opportunity-Aerial Segment: Incorporation of IOT in ecosystem of aerial delivery drones
Drones are an evolving form of new IoT devices, flying in the sky with extensive network connectivity facilities. Intelligent drones with cognitive computing skills require the ability to automatically identify and track objects to free operators from the tiresome task of controlling them, all of which must be accomplished within the power-limited environment of a Li-Po battery. The incorporation of IoT in aerial delivery drones has increased its application in the commercial sector. Manufacturers are making efforts to develop drones that carry onboard processors. These processors are expected to help drones collect information from various cloud services and link this information to base control centers for data mining.

Challenges-Aerial Segment: Issue related to traffic management of aerial delivery drone
According to the Air Traffic Control Association (ATCA) of the US, the use of aerial delivery drones in civil airspace is one of the major challenges faced by the aviation industry of the country. Presently, aerial delivery drones are prohibited from flying in civil airspace except for certain companies who have received exemptions to conduct tests or demonstration flights. For instance, in 2014, a leading Israel-based manufacturer of UAV simulators merged its UAV simulators with the Air Traffic Control (ATC) simulators of Australia-based Adacel. This merger resulted in the creation of an automated air traffic control environment for UAV simulation.

Driver-Ground Segment:Increased usage of autonomous ground delivery vehicles in retail & food
In most supply chains, the final phase of product delivery from warehouses or distribution hubs to end users generally accounts for 28% of the total product cost. Congestion in urban areas, product delivery to far-flung and remote locations, invalid or incorrect address details, hard-to-locate destinations, and severe labor shortage often result in increased product delivery costs. Automatic delivery could be transformational for the retail industry, decreasing delivery costs by 80% to 90% compared to a human being doing it, depending on the vehicle and the platform. For instance, companies like Uber's Otto are considering a fully autonomous route that does not involve a human operator at all, permitting continuous shipping across long distances without the demand for rest or refreshments, which would reduce costs.

Market split by Type, can be divided into:
Aerial Delivery Drones, Ground Delivery Vehicles, Others.

Market split by Application, can be divided into:
E-commerce, Industry, Others

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The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Autonomous Last Mile Delivery market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Autonomous Last Mile Delivery industry to help players plan effective expansion strategies.

Regions Covered in the Global Autonomous Last Mile Delivery Market:
• North America (U.S., Canada)
• Europe (U.K., Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East & Africa (Kuwait, Saudi Arabia Egypt)

Years Considered to Estimate the Market Size:
History Year: 2019-2020
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2022-2030
Recent Developments
In June 2020, Kiwi Campus's 25 Kiwibots have begun delivering food and goods to customers in downtown San Jose and Buena Vista,US, a chiefly Latino neighborhood located southwest of the city center by partnering with Shopify and OrderMark.
InSeptember 2021, Zipline signed a service level agreement with the Kaduna State Government of Nigeria to use drones in the health supply chain system. The delivery will include daily medical supplies such as blood pints and medicines and plan delivery of COVID-19 vaccines.
In April 2021, United Parcel Service revealed it has agreed to acquire of 10 electric vertical takeoff and landing aircraft from Beta Technologies. The package delivery giant will test the eVTOLs for use in its Express Air delivery network, focusing on small and medium markets.

What market dynamics does this report cover?
The report shares key insights on:

Current market size
Market forecast
Market opportunities
Key drivers and restraints
Regulatory scenario
Industry trend
New product approvals/launch
Promotion and marketing initiatives
Pricing analysis
Competitive landscape
It helps companies make strategic decisions

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Driving Factors

Service Innovation and Usage of Advanced Technology Platforms to Boost Market

Novel automobiles are modifying the face of last mile delivery services. Prime logistics companies are testing and capitalizing in research and development on novel solutions to tackle surging customers demand. Additionally, prompt development in delivery technologies such as Artificial Intelligence (AI) ground autonomous delivery automobiles, drones, and others are straight away assisting by declining reliability on worker accessibility, driving down the labor costs, and further empowering around clock delivery.

Regional Insights

North America was worth USD 3.59 billion in 2020 and held the largest autonomous last mile delivery market share. On the grounds of regional examination, this region dominates the global market and is also anticipated to display sudden growth during the upcoming period.

European autonomous last mile delivery market players and delivery companies are establishing diverse autonomous last mile delivery automobiles and teaming up with numerous companies to safeguard prompt delivery along with the protection of users. This is triggering exponential demand for autonomous last mile delivery services in the European market.

The Asian players in the delivery market are expected to mark colossal success owing to the factor that these players operate on medical gear supplied between hospitals. Therefore, this is projected to boost the autonomous last mile delivery market growth in future
ompetitive Landscape

Procurements Instigated by Vital Companies to Endorse Market Growth

The dominating players in the market incessantly root for effective tactics to boost their brand value as well as endorse the global market growth. One such operative strategy is procuring competitive companies and further safeguarding a profit for both the involved companies.

COVID-19 Impact

COVID-19 Pandemic to Fast-track Practicality of Autonomous Delivery owing to Its Fast & Harmless Deliveries

The outbreak of the COVID-19 pandemic has commenced several industries, involving e-commerce and online shopping business. The pandemic has fast-tracked digitalization and risen the value of data for last mile delivery technologies as consumers' demand for single-day delivery with comfortable accomplishment of progressive technology has bolstered the implementation of drones and delivery robots owing to stringent COVID-19 norms.

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