Global Autonomous Last Mile
Delivery Market to Register CAGR of 24.4% from 2021-2028; Drone Delivery Canada
Collaborated with GlobalMedic and Air Canada set to Bolster Financial
Revenues.
Market Overview
Pune,
India, 10th January 2022: The global autonomous last mile
delivery market size was USD 8.78 billion in 2020. The market is
projected to grow from USD 11.12 billion in 2021 to USD 51.38 billion in 2028
at a CAGR of 24.4% in 2021-2028. This information is presented by Fortune
Business Insights™, in its report titled, “Autonomous Last Mile Delivery
Market, 2021-2028.”
According
to our expert researchers, the manufacturing of small mobile delivery robots
& drones has seen substantial growth in the last several years on account
of the surge in e-commerce business across the world.
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.
To get to know more about the short-term and long-term impact of
COVID-19 on this market, please visit: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/autonomous-last-mile-delivery-market-105598
Segmentation
Vehicle Type, Solution, Range, and Region are Studied
On the basis of
vehicle type, the market is classified into aerial delivery drones, ground
delivery bots, and self-driving trucks & vans. The
ground delivery bots segment holds the major share in the global market.
By
solution, the market is categorized into hardware, software, and services.
In
terms of range, the market is divided into long-range and short-range.
Geographically,
the market is branched into North America, Europe, Asia Pacific, and the rest
of the world.
Report Coverage
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offer our reports that are based with a detailed review method that primarily
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test the complete market dynamics precisely. Further, our analysts have gained
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providing the up-to-date material so that the shareholders and business experts
invest only in fundamental zones.
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.
Competitive 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.
Industry Development
Drone
delivery Canada, a Toronto-based delivery service presenter, has partnered up
with GlobalMedic and Air Canada to transport required shipment to Christian
Island.
List of Key Players Covered in the Report
- Airbus S.A.S
(Leiden, Netherlands) - Amazon
(Seattle, U.S.) - DHL
International GmbH (Bonn, Germany) - DPD Group
(Issy-les-Moulineaux, France) - Drone Delivery
Canada (Vaughan, Canada) - Flirtey (Reno,
U.S.) - Flytrex (Tel
Aviv-Yafo, Israel) - com (Beijing,
China) - MATTERNET
(California, U.S) - Savioke
(Campbell, U.S.) - Starship
Technologies (San Francisco, U.S.) - United Parcel
Service of America, Inc (Atlanta, U.S.)
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