Autonomous Last Mile Delivery Market to Reach $4,964 million by 2030, at a CAGR of 21.5%

Autonomous Last Mile Delivery Market to Reach $4,964 million by 2030, at a CAGR of 21.5%
Autonomous Last Mile Delivery Market
The autonomous last mile delivery market size is projected to reach USD 4.96 billion by 2030, growing at a CAGR of 21.5% during the forecast period.

The report Autonomous Last Mile Delivery Market by Platform (Aerial Delivery Drones, Ground Delivery Vehicles (Delivery Bots, Self-Driving Vans & Trucks)), Solution, Application, Type, Payload Weight, Range, Duration and Region – Global Forecast to 2030″, 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%. The increased use of low-cost and light payload drones by startups for product delivery, expansion of e-commerce and Incorporation of advanced sense and avoid systems in aerial delivery drones, and have led to the growth of autonomous last mile aerial deliveries worldwide.

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Autonomous Last Mile Delivery Market

Driver-Aerial segment:Increased use of low-cost and light payload drones for product delivery by startups

Several startups have received funding from venture capitalists to adopt aerial drones for the delivery of their products. Companies such as Flirtey and Matternet, Inc. use low-cost and light payload drones to carry out the smooth delivery of their small parcels. Increasing investments in the aerial delivery drone market are expected to enhance the operational efficiency of first and last mile logistics networks.The Autonomous Last Mile Delivery Market for delivery drones in the aerial segment and self-driving vans & trucks in the ground segment is projected to grow with higher CAGR

Based on the platform, the Autonomous Last Mile Delivery Market in the aerial segment is divided into Cargo Drone and Delivery Drone and for ground segment the market is divided into Delivery Bots and Self Driving Trucks and Vans. The market for delivery drones in the aerial segment and self-driving vans & trucks in the ground segment is projected to grow with higher CAGR due to the increasing need for autonomous delivery solutions in food and retail sectors and the growing need of contact-less healthcare supply deliveries using autonomous ground vehicles /aerial dronesowing to COVID-19 pandemic.

Top Autonomous Last Mile Delivery Market

“North America is expected to hold the highest market share in 2021.”

 North America is projected to lead the autonomous last mile delivery market in 2021. In North America, especially the US, ground delivery robots have become commercialized in the last few years. US-based companies like Savioke, Nuro, Robby Technologies, and several others have created autonomous mobile robots that look ready for the streets and are already finding gainful employment in enclosed premises of universities and hotels.

Winners of autonomous last mile delivery market are Starship Technologies (US), JD.com (China), Nuro (US), Amazon (US), Kiwi Campus (US), Zipline (US), United Parcel Service (US), Wing (US), Flirtey (SkyDrop) and Aerodyne Group (Malaysia). These key players offer drones applicable for various sector and have well-equipped and strong distribution networks across the North American, European, Asia Pacific, Middle East and Latin America and Africa.

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