Autonomous Last Mile Delivery Market Worth $91.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™
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The 5 - 10 kilograms segment of the aerial delivery drones market and the ground delivery vehicles market is projected to grow at the highest CAGR from 2019 to 2030.
Based on payload weight, the 5–10 kilograms segment of the aerial delivery drones market and the ground delivery vehicles market is projected to grow at the highest CAGR during the forecast period. Aerial delivery drones and ground delivery vehicles with a load carrying capacity of between 5–10 kilograms are mainly used to deliver groceries and heavy parcels ordered by online shoppers. The increasing demand for highly efficient aerial delivery drones and ground delivery vehicles to carry out the cost-effective autonomous last mile delivery of packages is contributing to the growth of this segment of the market.
The long range (>20 kilometers) segment of the aerial delivery drones market and the ground delivery vehicles market is projected to grow at a higher CAGR than the small range (<20 kilometers) segment during the forecast period.
Based on range, the long range (>20 kilometers) segment of the aerial delivery drones market and the ground delivery vehicles market is projected to grow at a higher CAGR than the small range (<20 kilometers) segment from 2019 to 2030. Increasing demand for the autonomous last mile delivery of packages to long-distance destinations is fueling the growth of this segment of the market.
The North American region is expected to lead the aerial delivery drones market in 2019.
The North American region is estimated to account for the largest share of the aerial delivery drones market in 2019. The growth of the market in this region can be attributed to increased adoption of aerial delivery drones in the food, e-commerce, and logistics & transportation industries of countries such as the US and Canada for delivering their products to customers.
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The major players in the autonomous last mile delivery market include Starship Technologies (US), Savioke (US), Nuro (US), JD.com (China), and Flirtey (US), among others.
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