Autonomous Last Mile Delivery Market Size, Trends 2022-2027: Industry Share, Growth and Forecast

The latest research study "Autonomous Last Mile Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" by IMARC Group, finds that the global autonomous last mile delivery market size reached US$ 12.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 46.48 Billion by 2027 exhibiting a growth rate (CAGR) of 23.50% during 2022-2027.

Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Industry Definition and Application:

Autonomous last mile delivery represents the last phase of courier and parcel, wherein several automated ground and aerial vehicles are used for supplying products and services at the doorstep of the customer. It assists in ensuring smooth transportation within the stipulated time without hampering the market image of companies while eliminating human intervention, planning logistics, monitoring the movement of goods from transport hub to destination, etc.

Consequently, autonomous last mile delivery is extensively used in parcel tracking, warehouses, and distribution channels. Presently, it is commercially categorized into varying solutions, ranges, and vehicle types, including aerial delivery drones, ground bots, self-driving trucks and vans, etc.

Autonomous Last Mile Delivery Market Trends and Drivers:

The widespread adoption of online shopping platforms for the shipping of daily necessities, owing to the sudden outbreak of the COVID-19 pandemic and the consequent implementation of mandatory lockdowns, is primarily driving the autonomous last mile delivery market.

Additionally, the expanding e-commerce industry and the inflating need for delivering goods at doorsteps while mitigating the risk of face-to-face contact are further catalyzing the market growth. Besides this, the escalating demand for efficient freightage solutions to ensure a faster supply of products is acting as another significant growth-inducing factor.

Moreover, the rising integration of machine learning (ML) and artificial intelligence (AI) platforms with drones and robots to perform smart tracking, optimize the route, promote fuel efficiencies, etc., is anticipated to fuel the autonomous last mile delivery market over the forecasted period.

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Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Platform:
• Aerial Delivery Drones
o Cargo Drone
o Delivery Drone
• Ground Delivery Vehicles
o Delivery Robots
o Autonomous and Self-Driving Vans and Trucks

Breakup by Solution:
• Hardware
• Software
• Services

Breakup by Range:
• Short Range (< 20 Km)
• Long Range (> 20 Km)

Breakup by Application:
• Logistics
• Healthcare and Pharmaceutical
• Food and Beverage
• Retail
• Others

By Geography:
• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, •Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, •Spain, Russia, Others)
•Latin America (Brazil, Mexico, Others)
•Middle East and Africa

List of Major Key Players:

The major players in the market are Amazon.com Inc., Continental AG, DHL (Deutsche Post AG), DPDgroup (La Poste), Drone Delivery Canada, Flytrex Inc., Matternet, Relay Robotics Inc., Robby Technologies Inc., SkyDrop, ST Engineering Aethon Inc., Starship Technologies and Udelv Inc.

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