PUBLISHER: KBV Research | PRODUCT CODE: 1709768
PUBLISHER: KBV Research | PRODUCT CODE: 1709768
The Asia Pacific Autonomous Last Mile Delivery Market would witness market growth of 24.3% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 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 $407.5 million by 2031. The Japan market is registering a CAGR of 23.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 25.2% during (2024 - 2031).
The autonomous last mile delivery market is crucial in addressing environmental and sustainability concerns by replacing traditional fuel-based delivery methods with electric vehicles (EVs), drones, and AI-powered logistics optimization. Traditional last-mile delivery, which heavily relies on gasoline and diesel-powered vehicles, contributes significantly to carbon emissions and urban congestion.
Nuro's self-driving electric vehicles (EVs) and Starship Technologies' compact humanoid couriers are some of the autonomous electric delivery fleets that assist businesses in reducing their carbon footprint and reducing operational costs. Companies like Amazon, through its "Shipment Zero" initiative, are working toward making 50% of all shipments carbon-neutral by 2030.
China is at the forefront of autonomous last-mile delivery in logistics, with a strong push from the government to modernize supply chain operations and smart urban mobility. The Made in China 2025 strategy prioritizes automation, AI, and robotics in logistics, encouraging businesses to integrate self-driving delivery vehicles and drones into supply chains. Additionally, the Chinese Ministry of Transport's Smart Transportation Initiative has designated several cities as testing hubs for autonomous logistics vehicles, enabling large-scale deployment. India is witnessing increased interest in autonomous last-mile delivery, particularly in the e-commerce and urban mobility sectors. The Indian government's Digital India and Smart Cities Mission promotes AI-driven logistics and smart transportation systems, supporting innovation in last-mile delivery. The Ministry of Road Transport and Highways (MoRTH) has also introduced guidelines for autonomous vehicle testing, creating opportunities for self-driving delivery vehicles and drones. Wing's service is accessible to just over a third of Logan's population, which is approximately 300,000. This advancement positions the region as a burgeoning hub for drone technology, enhancing air mobility for goods and potentially human transport. Hence, all these factors will aid in the expansion of the regional market.
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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Autonomous Last Mile Delivery Market Report Segmentation
By Range
By Solution
By Vehicle Type
By Application
By Country