PUBLISHER: KBV Research | PRODUCT CODE: 1709766
PUBLISHER: KBV Research | PRODUCT CODE: 1709766
The North America Autonomous Last Mile Delivery Market would witness market growth of 22.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Autonomous Last Mile Delivery Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,976.1 million by 2031. The Canada market is experiencing a CAGR of 24.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 23.9% during (2024 - 2031).
Rapid developments in robotics, automation, and artificial intelligence have opened the door for profound changes in a number of industries, with last-mile delivery being one of the most prominent sectors affected. As commerce continues shifting toward e-commerce and digital transactions, the demand for efficient, cost-effective, and timely delivery solutions has become more critical.
Last-mile delivery, the last stage of the delivery process, has long been a problem for logistics firms because of its intricacy, high operating expenses, and dependence on human labor. This leg involves the transportation of commodities from a distribution center or fulfillment hub to the end consumer.
The healthcare and pharmaceutical sectors are at the forefront of adopting autonomous last-mile delivery solutions in Canada. The vast geography and dispersed populations present unique challenges in timely medical deliveries. To address this, the Canadian government has supported innovative delivery methods, including drones and autonomous vehicles, to ensure efficient medical supplies and pharmaceutical distribution. This approach not only enhances accessibility to essential healthcare services but also aligns with Canada's commitment to leveraging technology for public welfare. Mexico is witnessing a growing interest in autonomous delivery solutions as part of its broader urban mobility strategies. The Mexican government has initiated programs to modernize transportation infrastructure, focusing on integrating advanced technologies to improve efficiency and reduce congestion. While specific government programs targeting autonomous delivery are in developmental stages, the emphasis on smart city initiatives and sustainable urban logistics indicates a supportive environment for the future adoption of autonomous last-mile delivery systems. Thus, the region will present lucrative growth opportunities for the market throughout the forecast period.
Based on Range, the market is segmented into Short Range and Long Range. Based on Solution, the market is segmented into Hardware, Software, and Services. Based on Vehicle Type, the market is segmented into Ground Delivery Bots, Self Driving Trucks & vans, and Aerial Delivery Drones. Based on Application, the market is segmented into Retail, Food & Beverage, Healthcare & Pharmaceutical, Logistics, and Other Application. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Autonomous Last Mile Delivery Market Report Segmentation
By Range
By Solution
By Vehicle Type
By Application
By Country