Autonomous Last Mile Delivery Market worth over $3 Bn by 2030

Autonomous Last Mile Delivery Market size is set to surpass USD 3 billion by 2030, according to a new research report by Global Market Insights Inc. based on industry segment covering Technology (Alkaline, PEM, Solid Oxide), Source (Solar, Wind), and more.
 

The market growth is attributed to rapid urbanization, coupled with the accelerated expansion of the e-commerce sector. To enhance the brand value and delivery speed, many e-retail companies are integrating autonomous vehicles for last mile deliveries. Grocery stores and retailers are facilitating autonomous delivery services through human workers or robots who directly deliver groceries.
 

Robust weight carrying capacities of autonomous robots to stimulate industry trends

Autonomous last mile delivery market from the robot platform segment is estimated to attain 20% growth rate till 2030. The robot segment is sub-categorized into 1-149 kg and 150 kg and above. Of these, the 1-149 kg segment accounted for more than 55% share of robot segment in 2021.
 

Robots can lift heavy loads for short distances, leading retailers to test these autonomous solutions for door-to-door deliveries. Citing an instance, in September 2022, Neubility tested short-range delivery robots at multiple outlets of 7-Eleven in South Korea. Equipped with sensors and cameras, the autonomous delivery robots were designed to cater to customers living within an 800-meter radius. Similar efforts to test autonomous robots for last mile delivery in South Korea and other prominent regions will thus assert a positive impact on industry dynamics.
 

Growing investments in drone deliveries for postal & courier services

In terms of application, the autonomous last mile delivery market value from the postal & courier segment is anticipated to reach USD 305 million by 2030. Logistics companies and retailers are adopting autonomous delivery alternatives such as drones to enhance customer experience.
 

For instance, in 2019, Amazon announced its drone delivery service Prime Air. This was meant to enable the retail giant to deliver orders within 30 minutes via its Prime Air delivery program. As retailers continue to optimize their fleets with autonomous vehicles, the use of these systems for last-mile delivery in courier applications will rise significantly.
 

Browse key industry insights spread across 280 pages with 285 market data tables & 35 figures & charts from the report, “Autonomous Last Mile Delivery Market Size By Platform (Drone [Up to 5Kg, Above 5 Kg], Robot [Up to 149 Kg, 150 and above], Trucks and vans), By Application (E-commerce, Food & Beverages, Healthcare, Postal & Courier), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 – 2030”, in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/autonomous-last-mile-delivery-market
 

Public support for autonomous last mile delivery solutions in North America

North America autonomous last mile delivery market held over USD 210 million in 2021. Favorable government approvals for autonomous vehicles are among the key factors fueling industry growth. Citing an instance, in October 2019, United Parcel Service (UPS) received approval from the Federal Aviation Administration (FAA) to expand unmanned package delivery.
 

Through its subsidiary, Flight Forward, the company intended to utilize the approval to use commercial drones to deliver packages to hospitals with plans to eventually expand to other services. The approval was also aimed at enabling UPS to fly drones at night and carry over 55 pounds of cargo. Robust support for scaling up autonomous last mile deliveries will thus transform regional market dynamics.
 

Key product launches to transform global industry outlook

Top participants operating in the autonomous last mile delivery market are Alibaba Group, FedEx Corporation, Flytrex, JD.com, Matternet, Nuro, Ottonomy Inc., Refraction AI, Robomart, Skycart, Starship Technologies, Tusimple, Udelv, and Waymo. These leaders are announcing new product launches, as a strategy to expand their portfolio and reinforce their market position.
 

For instance, in September 2022, Kiwibot unveiled a fleet of 15 delivery robots at Winthrop University in the United States. These robots will deliver food from Eagle Express, Triple G's, Simply-to-Go, and Mariah’s Cookies, with consumers placing their orders through the Sodexo mobile application. Similar efforts from other prominent players will also create a favorable outlook for autonomous last mile delivery market expansion over the forthcoming years.