Autonomous Last Mile Delivery Market Worth $91.5 Billion by 2030 - Exclusive Report by MarketsandMarkets™

CHICAGO, July 15, 2019 /PRNewswire/ -- According to the new market research report "Autonomous Last Mile Delivery Market by Platform (Aerial Delivery Drones, Ground Delivery Vehicles (Delivery Bots, Self-driving Vans & Trucks)), Solution, Application, Type, Payload Weight, Range, and Region - Global Forecast to 2030", published by MarketsandMarkets™, the Autonomous Last Mile Delivery Market is estimated to be USD 12.0 billion in 2019 and is projected to reach USD 91.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 20.3% from 2019 to 2030. The growth of the market can be attributed to the increasing investments being made to enhance the range and payload capacities of aerial delivery drones and ground delivery vehicles to carry out effective autonomous last mile delivery of packages and technological advancements taking place in the hardware of aerial delivery drones and ground delivery vehicles.

Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41240862

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.

Browse in-depth TOC on "Autonomous Last Mile Delivery Market"

237 – Tables

72 – Figures

297 – Pages

Request Sample pages of the Report:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=41240862

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.

Please Explore Relevant Reports:

Drone Logistics and Transportation Market by Solution (Warehousing, Shipping, Infrastructure, Software), Sector (Commercial, Military), Drone (Freight Drones, Passenger Drones, Ambulance Drones), and Region - Global Forecast to 2027

Drone Service Market Application (Aerial Photography, Data Acquisition and Analytics), Industry (Infrastructure, Media & Entertainment, Agriculture), Type (Drone Platform Service, Drone MRO, Drone Training, Solution, and Region - Global Forecast to 2025 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/autonomous-last-mile-delivery-market.asp 
Visit Our Web Site: https://www.marketsandmarkets.com 
Content Source : https://www.marketsandmarkets.com/PressReleases/autonomous-last-mile-delivery.asp

SOURCE MarketsandMarkets