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Autonomous Last Mile Delivery Market Landscape 2025: Forecast Data and Growth Strategy Insights
Autonomous Last Mile Delivery
What Is the Expected CAGR for the Autonomous Last Mile Delivery Market Through 2025?
The market size of autonomous last mile delivery has seen a significant expansion in the recent past. It is predicted to surge from $29.66 billion in 2024 to $38.11 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 28.5%. Factors contributing to historic growth include the rise of e-commerce, heightened traffic congestion, investments in infrastructure, need for cost reduction, and trends in urbanization.
What's the Projected Size of the Global Autonomous Last Mile Delivery Market by 2029?
The market size for autonomous last mile delivery is predicted to experience substantial growth in the years to come. It is projected to reach a worth of $107.84 billion by the year 2029, reflecting a compound annual growth rate (CAGR) of 29.7%. The predicted growth during the forecast period can be attributed to many factors, including an increasing demand for deliveries that do not require contact, emphasis on safety and dependability, end-of-line healthcare delivery challenges, measures for data security and privacy, and touch-free delivery options. Key trends predicted for the forecasted period are an increase in the use of drone delivery services, self-driving vehicles for urban deliveries, a focus on eco-friendliness and electric vehicles, alliances and partnerships, delivery solutions for rural and remote areas, improved security features, and technological advancements in navigation.
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Top Growth Drivers in the Autonomous Last Mile Delivery Industry: What's Accelerating the Market?
The escalation in the e-commerce sector is predicted to fuel the expansion of the autonomous last-mile delivery market. This sector encapsulates online buying and selling of goods and services, concentrating on same-day and punctual delivery to enhance customer experience. Aspects such as labor shortages, pandemic spread, and disruption in supply chain dynamics are encouraging customers to utilize online shopping via e-commerce platforms. These e-commerce firms utilize drones and autonomous vehicles to achieve the final leg of delivery, providing couriers and parcels to the end-users at their convenience without requiring human assistance. For example, the India Brand Equity Foundation, a government agency promoting exports in India, projects the e-commerce industry in India to hit the peak of $111.4 billion by 2025. Consequently, the surge in e-commerce is propelling the growth of the autonomous last-mile delivery market.
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What Trends Will Shape the Autonomous Last Mile Delivery Market Through 2029 and Beyond?
The autonomous last-mile delivery sector is being significantly molded by technological innovation. To improve their products and services, firms that develop autonomous last-mile delivery solutions are investing heavily in cutting-edge technologies. For example, Magna International Inc., an automotive parts producer in Canada, created an autonomous delivery robot in March 2022 as a testament to the potential of last-mile delivery solutions in city settings. This robot, which has efficiently carried out hundreds of deliveries, is providing critical information and consumer reactions, helping to fine-tune the service.
What Are the Main Segments in the Autonomous Last Mile Delivery Market?
The autonomous last mile delivery market covered in this report is segmented -
1) By Vehicle Type: Aerial Delivery Drone, Ground Delivery Bots, Self-Driving Trucks And Vans
2) By Solution: Hardware, Software, Service
3) By Range: Short Range, Long Range
4) By Application: Logistics, Healthcare And Pharmaceuticals, Food And Beverages, Retail, Other Applications
Subsegments:
1) By Aerial Delivery Drone: Quadcopters, Fixed-Wing Drones, Hybrid Drones, Delivery Drones With Payload Capacity
2) By Ground Delivery Bots: Wheeled Delivery Robots, Walking Delivery Robots, Automated Trolley Systems
3) By Self-Driving Trucks And Vans: Autonomous Delivery Trucks, Self-Driving Vans For Urban Deliveries, Electric Autonomous Delivery Vehicles
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Which Top Companies are Driving Growth in the Autonomous Last Mile Delivery Market?
Major companies operating in the autonomous last mile delivery market include Amazon com Inc., DHL Group, Geopost, Drone Delivery Canada Corp., Flirtey Inc., Flytrex Inc., JD com Inc., Caterpillar Inc, Matternet Inc., Relay Robotics, Starship Technologies Inc., MercuryGate International Inc., Dronescan Ltd., Nuro Inc., Kiwi Campus Inc., Eliport Inc., Skycart Inc., Refraction AI Inc., Robby Technologies Inc., Udelv Inc., Kiwi Campus Inc., Starship Technologies, Carrypicker GmbH, B-ON GmbH, Blue Dart Express Ltd., Workhorse Group Inc., Aeva Technologies Pvt Ltd., Baidu Inc.
Which Regions Will Dominate the Autonomous Last Mile Delivery Market Through 2029?
North America was the largest region in the autonomous last-mile delivery market in 2024. The regions covered in the autonomous last mile delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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