Home > Automotive > Automotive Logistics > Logistics Technology > Autonomous Last Mile Delivery Market

Autonomous Last Mile Delivery Market Analysis

  • Report ID: GMI5366
  • Published Date: May 2024
  • Report Format: PDF

Autonomous Last Mile Delivery Market Analysis

Based on vehicle type, the market is divided into robots, drones, trucks & vans. The robot segment is expected to hold over 45% of the market share by 2032. The robots segment growth is driven by their versatility, efficiency, and ability to navigate diverse terrains. With advancements in AI and sensor technologies, robots are increasingly adept at autonomously completing delivery tasks. Their widespread adoption by major players underscores their significance in streamlining last mile logistics. As demand for fast and reliable delivery services continues to soar, robots remain at the forefront, driving innovation and efficiency in the industry.
 

Autonomous Last Mile Delivery Market Share, By Delivery Mode, 2023

Based on delivery mode, the autonomous last mile delivery market is divided into B2B, B2C, and C2C. The B2C segment accounted for USD 455.4 million market revenue in 2023. The B2C segment experienced substantial momentum in 2023, reflecting the burgeoning demand for direct-to-consumer services. With the rise of e-commerce, consumers expect fast and convenient deliveries, driving the need for efficient last mile solutions. Companies specializing in B2C deliveries leverage autonomous technologies to streamline operations, offering timely and personalized services. This segment's dominance underscores the transformative impact of autonomous delivery on modern retail and consumer expectations.
 

North America Autonomous Last Mile Delivery Market, 2022 -2032, (USD Million)

North America autonomous last mile delivery market hold USD 355.1 million in revenue in 2023, attributed to its robust infrastructure, technological prowess, and strong consumer demand. The region's early adoption of autonomous last mile delivery robots alongside favorable regulations has propelled its market dominance. With a diverse range of companies investing heavily in innovation, North America continues to drive advancements in last mile logistics, cementing its position as a vital contributor to the industry.
 

Robust investments in cutting-edge innovations and supportive regulatory environments have propelled the nation's dominance. Leveraging a culture of entrepreneurship and a strong logistics infrastructure, U.S. companies have spearheaded advancements in delivery automation. This strategic positioning has solidified the nation's role as a major contributor to the future of last mile logistics.
 

Also, eminent global players like South Korea, Japan, France, Germany, the U.K., Canada, the Netherlands, the UAE, and Saudi Arabia have secured significant stakes in the market. Their collective investment in cutting-edge technology and infrastructure development has propelled them to the forefront of innovative logistics solutions. Leveraging strategic partnerships and proactive regulatory frameworks, these nations have established themselves as key contributors to the evolution of last mile delivery, driving efficiency and convenience across diverse markets.
 

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of autonomous last mile delivery surpassed USD 956.8 million in 2023 and may record more than 22% CAGR between 2024 and 2032, owing to advancements in AI, robotics, sensor technology, and the rising demand for efficient and cost-effective delivery solutions.

The robot segment will record over 45% share revenue by 2032, primarily due to the versatility and agility of robots in navigating urban environments and delivering packages efficiently.

North America market size was USD 355.1 million in 2023, driven by strong technological infrastructure, extensive adoption of e-commerce, and robust consumer demand.

Prominent players, including Alibaba, Amazon, DHL, FedEx, JD.com, Kiwibot, Starship Technologies, UPS, Yandex, and Zipline are operating in the industry.

Autonomous Last Mile Delivery Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 350
  • Countries covered: 24
  • Pages: 240
 Download Free Sample