What is Autonomous Last Mile Delivery Market Scope?
Autonomous last mile delivery, is a vehicle which helps in delivering the product or a service that a consumer wants to its doorsteps, without involving any human presence in the entire process. This entire process ensures that the delivery of the product from manufactures to consumer is done in a stipulated time frame. It is one of the last but important part in supply chain management system. Hence with the rising expansion of e commerce sector is also driving the market factors. For instance, As one of the largest e-commerce companies, JD.com develops autonomous vehicles for last-mile delivery mainly and to reduce delivery cost.
Influencing Trend:
Rising Adoption of Cloud Robotics, 5G Technology and Manufacturing through 3D Printing is Making Pace in this Market
Market Growth Drivers:
Demand for the Fast Delivery of Packages, Incorporation of Advanced Sense and Avoid Systems in these Autonomous Mile Delivery System and Rising Technological advancements in Delivery Vehicles
Challenges:
Data Security Breaches, Issues Related to Traffic Management in this Market and Safety and Security Issues Related to the Use of Aerial Delivery Drones for the Last Mile Delivery of Packages
Restraints:
Lack of Required Infrastructure to Support Operations of Aerial Delivery Drones in Emerging Economies and Limited Bandwidth and Battery Life of Aerial Delivery Drones
Opportunities:
Development of Aerial Delivery Drones That Function Smoothly in Geographically Challenging Areas, Growth Opportunities for Vendors at Different Levels of the Value Chain of Delivery and Incorporation of Internet of Things (IoT) in the Ecosystem
The Autonomous Last Mile Delivery market study is being classified by Type (Aerial Delivery Drones, Ground Delivery Vehicles (Delivery Bots, Self-driving Vans & Trucks) and Others), by Application and major geographies with country level break-up.
Autonomous Last Mile Delivery is a fragmented market due to the presence of a large number of established competitors. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are also planning strategic activities like partnerships, collaboration, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Autonomous Last Mile Delivery market throughout the predicted period.
Starship Technologies (United States), Savioke (United States), Nuro (United States), JD.com (China), Flirtey (United States), Cainiao (China), Matternet (United States), Drone Delivery Canada (Canada) and Flytrex (Israel) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Airbus (Netherlands), Amazon (United States) and Marble Robot (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Autonomous Last Mile Delivery market by Type, Application and Region.
On the basis of geography, the market of Autonomous Last Mile Delivery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In February FedEx announced it will work with retailers such as Lowe’s, Pizza Hut, Target, Walgreens and Walmart to help fulfill customer’s same day deliveries. The logistics giant joins the likes of Amazon, Starship Technologies and Australia Post which have all experimented with the delivery vehicles.
In November 2018, TigerBot, a Savioke-brand room service robot, was launched for all indoor deliveries, from food items and beverages to linens and toothpaste to guest rooms directly. This delivery service robot essentially serves as a butler, ensuring guests have a comfortable stay
Key Target Audience
Autonomous Last Mile Delivery Manufactures, Autonomous Last Mile Delivery Distributors, Technology Partners, End-Users and Others
Autonomous Last Mile Delivery Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Autonomous Last Mile Delivery Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Autonomous Last Mile Delivery industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.