The Global Autonomous Last Mile Delivery Market Size valued for USD 18.4 Billion in 2021 and is anticipated to reach USD 107.1 Billion by 2030 with a CAGR of 21.8% from 2022 to 2030.

The term "autonomous last mile delivery" describes the practice of delivering products to consumers' doorsteps using robots or autonomous vehicles. With the use of this technology, the distribution process should be streamlined and made more reliable, efficient, and affordable. The final leg of the delivery process, which is frequently the most time-consuming and expensive, is referred to as the "last mile." Delivery times could be sped up and human error reduced with autonomous delivery systems. For last-mile delivery, some businesses have already begun testing autonomous delivery trucks and drones.

Autonomous Last Mile Delivery Market Dynamics

The demand for last-mile delivery services has grown as a result of the emergence of e-commerce, fueling the expansion of the autonomous delivery market. Autonomous delivery systems can boost productivity and cut labour costs, which will lessen delivery costs and boost profitability. Deliveries can be made more quickly and reliably because autonomous delivery vehicles can move more quickly and effectively than conventional delivery techniques. Autonomous delivery system development is receiving funding and assistance from governments all around the world, which is fostering a promising market. There are prospects for the growth of the autonomous last mile delivery business as urban populations rise and there is a greater need for effective and affordable last-mile delivery solutions.

Technical hurdles still need to be cleared in the development and deployment of autonomous delivery systems, which are complicated and difficult tasks. There are still no clear regulations for autonomous delivery systems, which leaves businesses in the market uneasy. The creation and deployment of autonomous delivery systems can be costly, and their continuing operation and upkeep incur additional costs. The public may be resistant to the adoption of autonomous delivery systems because to worries about their reliability and safety. Additionally, building infrastructure to support autonomous delivery systems can be expensive and time-consuming, and it might be challenging to convert already-existing infrastructure to support these systems.

Autonomous Last Mile Delivery Market Insights

The autonomous last mile delivery market is segmented by application, solution, range, vehicle type, and geographic markets. Under the application category, there are subcategories for logistics, healthcare and pharmaceuticals, food and beverage, retail, and others. Hardware, software, and services make up the market segments based on solutions. The market is divided into Short Range (20 km) and Long Range (> 20 km) based on range. The market is divided into self-driving trucks & buses, ground delivery bots, and aerial delivery drones based on the kind of vehicle. The region sector is further subdivided into North America, Asia-Pacific, Europe, Latin America, and the Middle East & Africa.

Global Autonomous Last Mile Delivery Market Geographical Competition

The need for more effective and affordable delivery options, the rise of e-commerce, and the rising demand for last-mile delivery services are some of the drivers driving the rapidly expanding North American autonomous last mile delivery market. A few of the major players in the North American market are startups like Nuro and Starsky Robotics as well as established businesses like Amazon, UPS, and FedEx.

Geographically, the United States is a major market for autonomous last mile delivery because of things like a large online purchasing industry and the presence of top technological firms and startups. With increased investments in the creation of autonomous delivery systems, Canada is also a market that is expanding.

The Asia-Pacific area is one of the fastest-growing markets for autonomous last mile delivery, propelled by factors like rising e-commerce demand, the need for more effective and affordable delivery solutions, and the region's expanding urbanisation. A few of the major players in the Asia-Pacific industry are startups Neolix and OnTime as well as established businesses like Alibaba, Amazon, and JD.com.

Geographically speaking, China is a crucial market for autonomous last mile delivery because of its sizable and quickly expanding e-commerce sector and the existence of top technological businesses there. Other nations in the region, including India, Japan, and South Korea, have expanding economies and are investing more money in the creation of autonomous delivery systems.

Global Autonomous Last Mile Delivery Industry Segment Analysis

Market By Application

·         Logistics

·         Healthcare & Pharmaceuticals

·         Food & Beverages

·         Retail

·         Others

Market By Solution

·         Hardware

·         Software

·         Service

Market By Range

·         Long Range (> 20 km)

·         Short Range (< 20 km)

Market By Vehicle Type

·         Aerial Delivery Drones

·         Ground Delivery Bots

·         Self-Driving Trucks & Bus

Autonomous Last Mile Delivery Market Leading Companies

The players profiled in the report are Airbus, Amazon, Drone Delivery Canada, Flytrex, JD.Com, Starship Technologies, Savioke, Nuro, and Flirtey, Waymo, Cruise, Embark Trucks, Gatik, TuSimple, XOS, and Zuum.

Autonomous Last Mile Delivery Market Regions