Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • Autonomous Last Mile Delivery Market Outlook and Industry Forecast to 2030




    (Transportation-News.com, October 08, 2020 ) 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.



    Download PDF Brochure @



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



    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 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 segment during the forecast period.



    The distance traveled or range limit of aerial delivery drones and ground delivery vehicles is an important parameter considered for their use in different applications. The long range 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 segment during the forecast period. The growth of this segment can be attributed to the increased use of these drones and vehicles for quick and cost-effective delivery of packages to long distance locations.



    Based on platform, the aerial delivery drones segment is expected to lead the autonomous last mile delivery market in 2019.



    The aerial delivery drones segment is expected to lead the autonomous last mile delivery market in 2019, owing to their ease of use and high maneuverability. The aerial delivery drones travel long distances in a short period of time and are capable of delivering packages in geographically challenging locations. The aerial delivery drones segment of the market is projected to grow at a higher CAGR than the ground delivery vehicles segment during the forecast period.



    The aerial delivery drones market and the ground delivery vehicles market in the North American region are projected to grow at the highest CAGR during the forecast period



    The North American region is expected to lead the aerial delivery drones market and the ground delivery vehicles market in 2019, and the trend is expected to continue during the forecast period as well. The growth of these markets in the North American region can be attributed to the continuous efforts being made in the US and Canada for the development of next-generation drone and ground delivery vehicle technologies.



    Key Market Players



    The major players in the autonomous last mile delivery market are Starship Technologies (US), Savioke (US), Nuro (US), JD.com (China), and Flirtey (US), among others. Starship Technologies is one of the leading players in the autonomous last mile delivery market.



    Ask for Sample Report @



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







    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.



    MarketsandMarketss flagship competitive intelligence and market research platform, "Knowledgestore" 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.

    MarketsandMarkets

    Mr. Aashish Mehra

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC