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Autonomous Delivery Vehicles Market Share

Report ID: GMI9409
Published Date: May 2024
Report Format: PDF

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Autonomous Delivery Vehicles Market Share

Nuro and Starship Technologies hold a significant market share in the autonomous delivery vehicle industry. Nuro focuses on expanding partnerships with major retailers, grocery chains, and delivery service providers to scale up its autonomous delivery operations. By partnering with established companies, Nuro leverages existing infrastructure, customer bases, and logistical networks to accelerate its market penetration.

Starship focuses on scaling up its deployment of sidewalk delivery robots in cities around the world. By increasing the number of robots in operation and expanding service coverage, Starship looks to capture market share and establish itself as a leading provider of autonomous delivery solutions.

Autonomous Delivery Vehicles Market Companies

Major companies operating in the autonomous delivery vehicles industry are:

Argo AI (Invested in by Ford and Volkswagen)
Cruise
Einride
Gatik
Nuro
Oxbotica
Starship Technologies
Tesla
Waymo
Yandex

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of autonomous delivery vehicles reached USD 1.2 billion in 2023 and is set to witness 25% CAGR between 2024 and 2032, led by the growing e-commerce industry across the globe.

The AGVs segment held over 90% share in 2023 and is expected to reach USD 10 billion by 2032, as AGVs cut down on delivery times, improve route planning, and offer economical & effective last-mile delivery options.

North America market held a share of over 40% in 2023, owing the creation of frameworks and rules to promote the use of autonomous vehicles due to increased awareness of the potential advantages of this technology.

Argo AI (Invested in by Ford and Volkswagen), Cruise, Einride, Gatik, Nuro, Oxbotica, Starship Technologies, Tesla, Waymo, and Yandex, among others.