Autonomous last mile delivery refers to the use of unmanned vehicles or robotic systems to deliver goods or services to a final destination, which is typically the end customer's location. This technology is pivotal in streamlining the distribution chain, especially the last segment of the delivery process.
The autonomous last mile delivery market consists of sales, by entities (organizations, sole traders or partnerships), of autonomous last mile delivery solutions (hardware, software and services) that are employed by various sectors such as e-commerce, food services, healthcare and logistics companies to enhance delivery efficiency, reduce delivery times and lower costs while minimizing human involvement.
The global autonomous last mile delivery market was valued at $2,726.51 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 51.0%.
Expansion Of Food And Grocery Delivery Start-Ups
The expansion of food and grocery delivery start-ups supported the growth of the autonomous last mile delivery market during the historic period. Driven by consumer demand for convenience, startups spurred the demand for efficient delivery services. Seeking operational optimization and faster delivery, they embraced autonomous last-mile solutions. Leveraging this technology, startups enhanced delivery capabilities, reduced costs and scaled operations effectively. For instance, in December 2022, according to a survey by Adjust.com, a Germany-based marketing company, the average American places approximately 55 food delivery orders annually, averaging once per week, with a total expenditure of nearly $1,850. North America experienced substantial growth in food delivery app sessions in 2021, with a year-over-year increase of 77%, followed by another 20% increase in 2022. Similarly, in Europe, Middle East and Africa (EMEA), sessions of food delivery apps grew by 48% from 2020 to 2021 and by 3% from 2021 to October 2022. Additionally, in April 2022, according to a report from Acosta, Inc., a US-based sales and marketing agency, 45% of customers preferred online grocery shopping over physical stores. The online grocery delivery trend experienced a significant surge during the peak of COVID-19, accounting for 10% to 15% of total grocery sales. In the U.S., online grocery sales reached nearly $90 billion in 2020, marking a growth of over $30 billion. Therefore, the expansion of food and grocery delivery start-ups drove the growth of the market.
Launch Of New AI Platforms Designed To Automate Last-Mile Delivery
Major companies are focusing on the launch of new artificial intelligence (AI) platforms to automate last-mile delivery, enhancing efficiency and reducing costs. Key features of these platforms include route optimization, real-time tracking, predictive analytics, integration with autonomous vehicles, customer communication, load management and dynamic adjustments based on real-time conditions. For example, in February 2022, Walmart Inc., a US-based multinational retail corporation, built a tech platform that powers its last-mile delivery ecosystem. Walmart responded to a surge in delivery orders by focusing on last-mile innovation and introducing a new proprietary technology platform. The platform leverages automation and machine learning to convert countless factors into actionable data. By utilizing artificial intelligence (AI), it continuously learns and enhances its performance.
The global autonomous last mile delivery market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up 26.93% of the total market in 2022.
Autonomous Last Mile Delivery Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global autonomous last mile delivery market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for autonomous last mile delivery? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The autonomous last mile delivery market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider autonomous last mile delivery market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics- Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by vehicle type, by solution, by range and by application.
- Key Trends- Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario- The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the autonomous last mile delivery market.
- Global Market Size And Growth- Global historic (2018-2023) and forecast (2023-2028, 2033F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis- Historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison by region and country.
- Market Segmentation- Contains the market values (2018-2023) (2023-2028, 2033F) and analysis for each segment by vehicle type, by solution, by range and by application in the market. Historic (2018-2023) and forecast (2023-2028) and (2028-2033) market values and growth and market share comparison by region market.
- Regional Market Size and Growth- Regional market size (2023), historic (2018-2023) and forecast (2023-2028, 2033F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape- Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
- Competitive Dashboard- Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions- Information on recent mergers and acquisitions in the market is covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations- This section includes recommendations for autonomous last mile delivery providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix- This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
- 1) By Vehicle Type: Aerial Delivery Drone; Ground Delivery Bots; Self-Driving Trucks And Vans
- 2) By Solution: Hardware; Software; Service
- 3) By Range: Short Range; Long Range
- 4) By Application: Logistics; Healthcare And Pharmaceuticals; Food And Beverages; Retail; Other Applications
- Companies Mentioned: Amazon.com Inc.; United States Postal Service; JD. Com Inc.; Nuro Inc.; DHL Group
- Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; Italy; Spain; UK; Russia
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time-series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; autonomous last mile delivery indicators comparison.
- Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.