Autonomous Last Mile Delivery Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2020-2027

Published Date : Dec 2020 | No. of Pages : 250 Pages | Category : ICT

The global Autonomous Last Mile Delivery market size is expected to be worth around US$ 84.8 million by 2027, according to a new report by Vision Research Reports.

The global Autonomous Last Mile Delivery market size was valued at US$ 10.6 million in 2019 and is anticipated to grow at a CAGR of 32.5% during forecast period 2020 to 2027.

Growth Factors

The need for high-tech and efficient delivery solutions is driving the market growth. Technological advancements in aerial and ground vehicle platforms are expected to provide a new horizon to the last mile delivery services.

Automation in the warehousing and fulfillment centers is growing rapidly. A remarkable subset of this is the use of robots for automating movement-based tasks. This field includes drones and autonomous delivery vehicles, which transfer the goods from the origin to the destination. This technology provides an unmatched level of control to customers over how, where, and when they purchase and receive goods, thereby delivering exceptional customer experience.

With the capability to reach remote and weather intense areas, robots hold enormous potential to improve customer services by providing quick and hassle-free delivery. Robots enhance the vendor's communication capabilities by providing a high level of accuracy in delivery timings and real-time tracking of parcels. Many industries, including retail, food and beverages, hospitality, and pharmacies, are looking forward to leveraging lucrative opportunities.

Despite the slow momentum on the regulatory front, the startups continue their advancements within the commercial and industrial drone space. There has been a significant improvement in the degree of autonomy for UAVs along with superior battery life. In recent years, the drone hardware has been made available at reasonable prices. All these developments have led to the use of contemporary drones for commercial applications, including parcel delivery.

Report Highlights

The ground delivery vehicles platform segment held the largest market share of over 85.01% in 2019. It is expected to register a CAGR of over 30.01% over the forecast period. The segment is further bifurcated into delivery bots and self-driving vans and trucks. The ground delivery robots are expected to address several key challenges that are faced in the trucking industry, such as productivity and driver shortage. In the U.S., the driver shortage is estimated to reach 160k persons by 2028. Besides, the continuously rising labor wages are becoming a critical factor in implementing autonomous delivery robots. In 2019, Domino's Pizza, Inc. partnered with Nuro, a U.S.-based robotics company, to deliver pizzas in selected areas of Houston. The continuous developments in self-driving vans and trucks are further expected to drive the segment growth over the forecast period.

The software segment held the largest market share of over 60.01% in 2019. Based on solutions the market is segmented into software, hardware, and service. The service segment is expected to witness a strong CAGR of 36.01% over the forecast period. Companies working in the autonomous last mile delivery ecosystem are adopting the Robot-as-a-Service (RaaS) model. These companies usually charge a minimum amount for the delivery of goods. Starship Technologies charged around USD 1.5 to USD 2 per delivery at Purdue University, U.S. A similar model is followed by Wing Aviation LLC and Refraction AI companies. The RaaS model allows small and medium sector companies to lease robots without making a considerable investment. As a result, SMEs are expected to adopt this business model in the forthcoming years.

The short-range (<20 kilometers) segment held the largest revenue share of over 90.01% in 2019. The autonomous delivery market is in the nascent stage and various testing projects are being run for short distances. These projects are generally limited to a specific area of the city or university campuses covering limited distances. Security concerns and lack of public awareness further limit the usage of robots for long distances. As a result, the segment is expected to dominate the market over the forecast period.

The long-range (>20 kilometers) segment is estimated to register the highest CAGR over the forecast period. The segment's growth can be attributed to the rising demand for quick and cost-effective parcel delivery over long distances. The development of autonomous cars and cargo flights is expected to accelerate market growth over the forecast period. Recently, Xwing Inc., a U.S.-based aviation startup, has successfully tested autonomous cargo flight using the classic Cessna plane. The company is now working on the development of an autonomous cargo flight for a 500-mile range.  

The Food and Beverages (F&B) segment dominated the market with a revenue share of over 85.01% in 2019. The F&B sector is revolutionizing its way of serving customers to remain sustainable in the competitive market. Food delivery robots have already started delivering foods in selected cities and university campuses. These robots are specially designed for the F&B industry with different compartments for hot and cold food items. Companies such as Boxbot, Kiwi Campus (Kiwibot), and Wing Aviation LLC have partnered with various local restaurants and food joints for deliveries across the U.S., the U.K., and Australia.

The retail sector is expected to register the highest CAGR of over 38.01% over the forecast period. Increasing e-commerce growth is expected to demand a strong logistics and distribution network. Customers are willing to pay additional charges for instant delivery services, which disrupt the industry's supply chain model. Technology is becoming a significant enabler for shortening the delivery time by providing alternative delivery methods such as drones and automated delivery vans. As a result, e-commerce companies such as Alibaba Group, JD.com, and Amazon have turned to advanced technologies to improve efficiency and reduce last-mile delivery costs.

North America captured the largest market share of over 61% in 2019. This can be attributed to the continuous development in autonomous delivery robots, which has resulted in numerous pilot projects in the region. Starship Technologies, a U.S.-based robotics company, has started delivering food through robots in several universities, including Purdue University, the University of Pittsburgh, George Mason University, and the University of Wisconsin-Madison. The company is expected to start its service for groceries and medicines in other parts of the U.S. Amazon.com, Inc. is keenly involved in the development of autonomous delivery robots. In August 2019, the company launched Scout, a last-mile delivery robot in Southern California. Moreover, continuous efforts are being made by retail giants such as The Kroger Co. and Walmart to shorten the delivery period, which is expected to fuel the demand for the development of next-generation delivery robots. 

Key Players

  • Alibaba

  • Amazon.com, Inc.

  • Drone Delivery Canada

  • Flytrex

  • JD.com

  • Kiwi Campus (Kiwibot)

  • Nuro

  • Refraction AI

  • Robby Technologies

  • Shenzhen Yiqing Innovation Technology Co., Ltd.

  • Starship Technologies

  • TeleRetail

  • Udelv Inc.

  • Unsupervised AI

  • Wing Aviation LLC

Market Segmentation

  • Platform Outlook 

    • Ground Delivery Vehicles

      • Delivery Bots

      • Self-driving Vans & Trucks

    • Aerial Delivery Drones

      • Fixed-Wing

      • Rotary-Wing

      • Hybrid

  • Solution Outlook

    • Hardware

    • Software

    • Service

  • Range Outlook 

    • Short Range (<20 Kilometers)

    • Long Range (>20 Kilometers)

  • End-use Outlook 

    • Food & Beverages

    • Retail

    • Healthcare

    • Others

  • Regional Outlook

    • North America

      • U.S.

      • Canada

    • Europe

      • Germany

      • U.K.

    • Asia Pacific

      • China

      • Japan

    • Latin America

      • Brazil

      • Mexico

    • Middle East and Africa

The Autonomous Last Mile Delivery market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Autonomous Last Mile Delivery market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Autonomous Last Mile Delivery market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Autonomous Last Mile Delivery market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Autonomous Last Mile Delivery market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Autonomous Last Mile Delivery capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Autonomous Last Mile Delivery by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Autonomous Last Mile Delivery market. These figures have been provided in terms of both revenue and volume for the period 2016 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Autonomous Last Mile Delivery market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Autonomous Last Mile Delivery market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Autonomous Last Mile Delivery industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Autonomous Last Mile Delivery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Autonomous Last Mile Delivery market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Autonomous Last Mile Delivery market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Autonomous Last Mile Delivery market. These factors have benefited the growth of the global market for Autonomous Last Mile Delivery. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Autonomous Last Mile Delivery. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Autonomous Last Mile Delivery are as follows:

  • Historic Year: 2016-2019
  • Base Year: 2020
  • Forecast Year 2020 to 2027

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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