Autonomous Last Mile Delivery Market Outlook and Industry Forecast to 2030


Posted October 6, 2020 by sandeep_roy

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 CAGR of 20.3% from 2019 to 2030.

 
According to the new latest market research report the Autonomous Last Mile Delivery Market is estimated to be $12.0 billion in 2019 and is projected to reach $91.5 billion by 2030, at a CAGR of 20.3% from 2019 to 2030. The requirement to increase delivery efficiency and reduce delivery time has led to the use of aerial delivery drones and ground delivery vehicles to carry out the autonomous last mile delivery of packages. The development of advanced and cost-effective aerial delivery drones and ground delivery vehicles is also fueling the growth of the autonomous last mile delivery market.

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The >5 kilograms segment is estimated to account for the largest share of the aerial delivery drones market and the ground delivery vehicles market in 2019.

The high adoption rate of aerial delivery drones and ground delivery vehicles with a load carrying capacity of >5 kilograms in the e-commerce and retail industries is fueling the growth of the >5 kilograms segment of these markets. Aerial delivery drones and ground delivery vehicles with a payload capacity of >5 kilograms are used to deliver heavy parcels ordered by online shoppers.

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 of the aerial delivery drones market and the ground delivery vehicles market is projected to grow at a higher CAGR than the small range (
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Issued By MarketsandMarkets
Country United States
Categories Aerospace , Automotive , Business
Tags Autonomous Last Mile Delivery Market
Last Updated October 6, 2020