USD 1.14 billion
Report ID:
SQMIG20R2048 |
Region:
Global |
Published Date: December, 2024
Pages:
201
|Tables:
0
|Figures:
0
Autonomous Last Mile Delivery Market size was valued at USD 24.62 Billion in 2023 and is poised to grow from USD 30.55 Billion in 2024 to USD 138.48 Billion by 2032, growing at a CAGR of 24.1% during the forecast period (2025-2032).
Autonomous last mile delivery is the process of utilizing self-driving vehicles to transport goods or services to customers' locations without any human interaction throughout the cycle. It ensures the timely delivery of the product to the customer who does not, in turn, negatively impact the reputation of the company nor its position in the marketplace. The growth of the e-commerce sector and rising internet usage encourage online purchasing, which in turn necessitates more effective ways to get the goods to the consumer. Companies have therefore embraced a variety of product delivery methods, including the use of drones and ground delivery trucks.
The global autonomous last-mile delivery market is growing as a result of increased innovations by the leading players in the market. For example, Scout, a delivery robot that Amazon has introduced, is about the size of a small cooler and can roll along sidewalks to carry products to customers' doorsteps. Amazon has been prompted by this to launch a novel idea in the field of autonomous last mile delivery services. The market is expected to increase as a result of numerous advancements made by leading players in the autonomous last mile delivery sector. The expansion of the global autonomous last mile delivery market is driven by factors like the growing need for quick product delivery and the advancements in delivery vehicle technology.
Global Market Size
USD 1.14 billion
Largest Segment
Retail
Fastest Growth
The food and beverage
Growth Rate
23.5% CAGR
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Global Autonomous Last Mile Delivery Market is segmented by vehicle type, delivery mode, application, component, solution and region. Based on vehicle type, the market is segmented into aerial delivery drones (fixed-wing, rotary-wing, hybrid), ground delivery vehicles (self-driving vans and trucks, delivery bots), sidewalk robots and delivery bots. Based on delivery mode, the market is segmented into B2B (business to business), B2C (business to consumer). Based on application, the market is segmented into e-commerce, food and grocery, parcel & courier service, pharmaceutical, furniture & appliance, retail, healthcare, logistics, manufacturing and government. Based on component, the market is segmented into hardware (sensors, actuators, power supply, control systems), software (AI and machine learning, navigation and mapping, user interface) and services (maintenance and repair, customer support, software updates). Based on solution, the market is segmented into routing & navigation, traffic management and fleet optimization. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Application
As per categorization by application, the market is classified as logistics, healthcare & pharmaceutical, food & beverage, retail, and others. Among these, retail earned the largest share and continue to dominate the market. The global autonomous last mile delivery market on a global scale is highly inclined towards the retail applications owing to the rising demand for e-commerce, which necessitates the provision of efficient and quick delivery mechanisms. New solutions include self-sufficient cargo drones and robots which increase the speed of cargo deliveries. Companies in Retail are adopting these technologies to optimize processes, enhance customer satisfaction and keep up with the demands of same day delivery.
The food and beverage application is poised to be the fastest-growing segment in the global autonomous last mile delivery market due to increasing consumer demand for quick, contactless delivery of perishable goods. The advancement of autonomous drones and rovers for delivery ensures quicker, efficient deliveries without compromising delivery freshness. The urban population and food delivery services are on the rise and this implies that there will be a demand for speed and ease of delivery of meals and groceries that will lead to the quick uptake of autonomous delivery technologies within this market.
Analysis by Solution
The global autonomous last mile delivery market is largely dominated by the hardware segment, owing to the technological advancements in sensors, LiDAR, cameras, and autonomous navigation systems that guarantee accurate delivery. These technologies offer safety, dependability, and effectiveness in the operation of autonomous vehicles, thus hardware systems and components are crucial to the design and implementation of delivery robots and drones in intricate environments.
In the global autonomous last mile delivery market, it is anticipated that delivery service solutions will grow at the fastest pace owing to the growing demand for supporting autonomous delivery systems with maintenance, fleet management, and software updates. This will arise as more retailers ad logistics providers embrace autonomous technologies. Such services as route optimization, remote monitoring, and troubleshooting will come into demand. The service solutions play a crucial role in enabling easy installation and maintenance of autonomous delivery fleets hence the growth of this segment is rapid.
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North America dominates the global autonomous last mile delivery market due to several key factors, including advanced technological infrastructure, high investment in autonomous technology, and the presence of major players like Amazon, FedEx, and UPS actively developing and deploying autonomous delivery solutions. The fast-growing demand for efficient order delivery by consumers in the region facilitates the faster uptake of independent delivery systems. In addition, the favorable policies and regulations in North America together with the robust investments in research and development on autonomous vehicles and robotics create an environment that is favorable for innovations which cements the region’s dominance in the market of providing autonomous last mile delivery services.
The increasing demand for eco-friendly and efficient delivery solutions is one of the key factors making Europe the fastest growing region in the global autonomous last mile delivery market. The region’s emphasis on environmental policies, such as curb carbon emissions, is a major factor for the move towards implementing autonomous electric delivery vehicles and drones. The establishment of smart city concepts in Europe, on the other hand, encourages the use of autonomous technologies as well. Additionally, the phenomenon of e-commerce expansion, in conjunction with the growing labor deficit in the logistics industry, has increased the demand for mechanization. The ample market enhancement in Europe is also driven by the strategic investments and testbed projects of the market players, as well as state assistance in fostering innovations.
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Autonomous Last Mile Delivery Market Drivers
E-Commerce Surge Fueling Autonomous Last-Mile Delivery Solutions
Tech Innovations Advancing Autonomous Delivery Efficiency
Autonomous Last Mile Delivery Market Restraints
Navigating Regulatory Hurdles in Last-Mile Delivery
High Costs Barrier
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The competitive landscape of the global autonomous last mile delivery market is characterized by significant innovation and investment from major players. Leading organizations, such as Amazon, FedEx, and UPS, are investing in advanced autonomous delivery systems to improve effectiveness while keeping up with the increased demand from customers. Startups such as Starship Technologies and Nuro are also beginning to introduce robotic delivery into the marketplace. It is this competitive market that accelerates innovation, encourages cooperation as well as forms of strategic alliances that will define the last mile logistics of different geographies in the future.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global autonomous last mile delivery market is constantly changing and growing due to the expanding e-commerce industry and efficient delivery need. Advanced vehicles, drones as well as sophisticated robotics systems are creating more operational efficiency while customers’ speed and reliability expectations are being met.
Regional leaders like North America benefit from advanced technology and favorable regulations, while Europe experiences significant growth due to its focus on sustainability. Despite regulatory challenges and high initial costs, the competitive landscape is thriving, with major players investing heavily in technology to shape the future of last mile logistics and ensure seamless delivery experiences.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 24.62 Billion |
Market size value in 2032 | USD 138.48 Billion |
Growth Rate | 24.1% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Autonomous Last Mile Delivery Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Autonomous Last Mile Delivery Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Autonomous Last Mile Delivery Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Autonomous Last Mile Delivery Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG20R2048
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