April 09, 2021
According to a research report titled ‘Global Autonomous Last Mile Delivery Market 2021-2028’, available with Market Study Report, global autonomous last mile delivery market is projected to exhibit 19.15% CAGR through 2028.
As per report findings, increasing demand for efficient delivery systems, coupled with a surge in technological advancements such as robotics and data analytics are adding traction to global autonomous last mile delivery market growth.
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Moreover, newly established systems such as drone delivery for supply of goods to inaccessible locations is also stimulating industry valuation.
However, factors like government restrictions, inadequate infrastructure, and increasing customer demand for shorter delivery duration with minimal or no delivery charges are anticipated to impede worldwide autonomous last mile market expansion during the forecast period.
Based on vehicle type, global autonomous last mile delivery market is arrayed into aerial delivery drones, ground delivery bots, and self-driving vehicles. By solutions, the industry is split into software, hardware, and services.
As per range, the marketplace is classified into long range (> 20 KM), and short range (< 20 KM). Moving on to application ambit, healthcare & pharmaceuticals, retail, food & beverages, and logistics among others contribute to worldwide autonomous last mile delivery market remuneration.
On the regional front, North America is projected to account for significant portion of autonomous last mile delivery market share by the year 2028, due to thriving e-commerce sector in the region, and demand for fast delivery systems like same day delivery or next hour delivery.
Key contenders in global autonomous last mile delivery market are Savioke Inc., FedEx Corp., Flytrex, JD.com Inc., Eliport, Waymo LLC, DHL International GmbH, Robby Technologies Inc., Nuro, Zipline, Amazon.com Inc., Airbus Group, Starship Technologies, Walmart Inc., Matternet Inc., Marathon Targets, Flirtey, Drone Delivery Canada, and United Parcel Service.