Bharat Book Bureau Provides the Treding Market Research Report on "Global Autonomous Last Mile Delivery Market 2021-2028" under Heavy Industry Category. The report offers a collection of superior market researach, market analysis, competitive intelligence and Market reports.
According to report, the Global Autonomous Last Mile Delivery Market is projected to display a CAGR of 19.15% during the projected years of 2021-2028.
The growing need for fast delivery systems is one of the significant factors positively impacting the autonomous last mile delivery market worldwide. Additionally, the surge in technological innovations is another factor opening multiple avenues for the studied market’s progress. Furthermore, drone delivery has detected new opportunities to supply products in inaccessible locations.
However, the inadequacy of infrastructure and government restrictions are estimated to limit the autonomous last mile delivery market’s growth during the considered years.
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The global autonomous last mile delivery market covers the Asia-Pacific, North America, Latin America, Europe, and the Middle East and Africa regions.
Globally, North America is expected to become the fastest-growing market for autonomous last mile delivery during the forecast years 2021-2028.
The region’s fast growth can be attributable to the large size of the e-commerce industry and technological advancements. Customers’ preferences have shifted towards having faster deliveries, with lower or no charges. This poses significant challenges for the logistics companies in last mile delivery. However, with the e-commerce sector gaining substantial traction, the companies are focusing on developing the last mile delivery process.
Additionally, the customers are demanding shorter delivery duration, including same-day delivery and next-hour services. Here, technological advancements such as robotics, data analytics, and more, are reforming how retailers cater their products to the end-users. Hence, these factors are anticipated to contribute to the growth of the autonomous last mile delivery market across the region.
The renowned companies thriving in this market are FedEx, JD.com, Waymo, Robby Technologies, Zipline, Airbus SAS, Walmart, Marathon Targets, UPS, Drone Delivery Canada, Matternet, Flirtey, Starship Technologies, Amazon, Nuro, DHL Express, Eliport, Flytrex, and Savikoke.
Amazon is a multinational technology company that caters to customers around the world. Its international segment provides retail sales of consumer products through its internationally-focused websites. The company has established a marketplace for consumers, sellers, and content creators. Earlier, Amazon announced the launch of Amazon Prime Air, a program to improve a group of aerial vehicles to digitalize and automate its last-mile delivery process. This technology will further enable amazon to enhance its delivery process, while ensuring customer satisfaction.
TABLE OF CONTENTS
GLOBAL AUTONOMOUS LAST MILE DELIVERY MARKET - SUMMARY
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. LAST MILE DELIVERY COSTS MOST AND IS HIGHLY COMPLICATED
2.2.2. UNITED STATES LEADS MARKET FOR AUTONOMOUS LAST MILE DELIVERY
2.2.3. INNOVATION IS KEY FOR MARKET’S GROWTH
2.3. PORTER’S FIVE FORCES ANALYSIS
2.3.1. THREAT OF NEW ENTRANTS
2.3.2. THREAT OF SUBSTITUTE
2.3.3. BARGAINING POWER OF SUPPLIERS
2.3.4. BARGAINING POWER OF BUYERS
2.3.5. THREAT OF COMPETITIVE RIVALRY
2.4. MARKET ATTRACTIVENESS INDEX
2.5. VENDOR SCORECARD
2.6. MARKET DRIVERS
2.6.1. RISING NEED FOR FAST DELIVERY SYSTEMS
2.6.2. AUTONOMOUS LAST MILE DELIVERY PROMISES INCREASED EFFICIENCY IN E-COMMERCE SECTOR
2.7. MARKET RESTRAINTS
2.7.1. INADEQUACY OF INFRASTRUCTURE
2.7.2. GOVERNMENT RESTRICTIONS
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