Autonomous last-mile delivery Market by Vehicle Type (Aerial Delivery Drones, Ground Delivery Bots, Self-Driving Trucks & Vans), by Solution (Hardware, Software, Services), by Range (Short Range (<20km), by North America (U.S., Canada, Mexico), by Europe (U.K., Germany, France, Rest Of Europe), by Asia Pacific (China, Japan, India, South Korea, Rest of APAC), by South America (Brazil, Argentina, Rest of South America), by MEA (Middle East, Africa) Forecast 2024-2032
The Autonomous last-mile delivery Market size was valued at USD 51.38 USD Billion in 2023 and is projected to reach USD 65.37 USD Billion by 2032, exhibiting a CAGR of 3.5 % during the forecast period. Last mile delivery, also known as last mile logistics, is the last leg of a journey comprising movement of goods from a transportation hub or warehouse to the final delivery destination. Last mile delivery aims to deliver items to customers as quickly as possible while minimizing company costs. Last mile delivery accounts for more than 50% of the total shipping cost. It is mostly used in food, e-commerce, retail, or pharmaceutical industries. Present, increased use of internet along with the expansion of the e-commerce industry fuel the adoption of online shopping, which in turn requires better and efficient means to deliver the product to the customer. Thus, various product delivery services have been adopted by companies such as use of drones and ground delivery vehicles.
Vehicle Type:
Solution:
Range:
Segmentation
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.5% from 2018-2032 |
Segmentation |
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