Description
With the ACES mobility research and analysis platform, M14 Intelligence is bringing the most in-depth analysis of autonomous, connected, electric, and shared mobility industry. This report plays a part in assisting stakeholders in understanding the market penetration of autonomous vehicles in First-Mile, Middle-Mile, and Last-Mile logistic operations, market assessment by type of vehicles i.e. Autonomous Trucks (Level4/5), Autonomous On-Road Delivery Vans, Sidewalk Droids/Robots, sensor content of these autonomous vehicles, autonomy package cost, consumer analysis and competition among the leading OEMs and start-ups across the geographies.
- The AVs market in logistics is a rapidly growing industry, driven by the massive growth in e-commerce and logistics post the Covid-19 pandemic, need for supply chain optimization, and labour shortage across geographies
- Consumer demands for free shipping, shorter delivery time, contact-less deliveries are few of demand-side factors attributing to the larger acceptance for the autonomous driving in last-mile operations
- The automation is expected to show increasing penetration over the years in the middle-mile operations as the demand from consumers for rapid, inexpensive, and predictable deliveries is surging
- Autonomous technology penetration in class-8 trucking has predominantly increased since past 2 to 3 years. Close to $4 billion funding has been recorded in autonomous trucking industry since 2016.
- Robotic delivery services or automated deliveries are emerging as a viable path toward commercial scale and profitability. The autonomous technology penetration in last-mile delivery business has a potential to cut the cost up to 52% in short-term and up to 75% in long-term
- The United States is a clear leader in developing and deploying autonomous vehicle technology, accounting for 94% of the total North America's volume shipment of autonomous logistics vehicle
- In terms of setting standards and national level policies, China is taking this on high priority and evolving at faster pace. More than 20 smart highways are scheduled for construction across 13 Chinese provinces, promoting the testing and application of AV technology, especially for autonomous trucking
- Legislation in the European Union has completed defining the framework conditions for the use of fully automated trucks (SAE Level 4). Some autonomous driving vehicles are already rolling on European roads with special permits. The Western European countries account for 90% of the Europe's autonomous vehicle market currently
- This autonomous vehicle market in logistics industry is highly fragmented, with several stakeholders including OEMs, technology players, software and AI companies, system integrators, sensor providers, consumers such as shipping companies, e-commerce players, food delivery giants and logistics companies
In this study, you will find detailed analysis on every aspect of future demand for autonomous vehicles used in explicitly growing logistics industry. Some of the critical analysis covered in the report are as follows:
Analysis of 30+ OEM brands both leading and emerging players across Logistics ecosystem.
Analyzing the penetration of autonomous vehicles in first-mile, middle-mile, and last-mile logistics operations and growth potential.
Analysis of market with respect to vehicle types such as autonomous level 4/5 trucks, on-road mini-vans, and sidewalk wheeled robots
Analyzing the current status of autonomous driving technology in logistics industry, and identifying potential future demand till 2030
Analyzing the market potential for sensors used in autonomous driving system i.e. cameras, short-range and long-range radars, short-range and long-range LiDARs, 4D Radars, and ultrasonic sensor
Identifying consumers adoption strategies and regional market potential for autonomous vehicles
Analyzing investment/funding analysis of start-ups and technology providers