North America Region Witnessing the Highest Growth in Autonomous Last Mile Delivery Market

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The 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, Duration, and Region -
Global Forecast to 2030", is projected to reach
USD 91.5 billion by 2030, at a CAGR of 20.3
from 2021 to 2030. The autonomous last mile
delivery market is estimated to reach USD 91.5
billion by 2030, at a Compound Annual Growth
Rate (CAGR) of 20.3 from 2021 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. Browse 245 market data Tables and 60
Figures spread through 297 Pages and in-depth
TOC on "Autonomous Last Mile Delivery Market -
Global Forecast to 2030" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id41240862 The growing demand for the fast
delivery of packages by consumers has led to the
increased adoption of aerial delivery drones in
the global e-commerce industry. The rise in the
number of customers willing to pay for same-day
delivery has led to the growth of the aerial
delivery drones market. Companies such as Uber
and Deliv are stakeholders in the same-day
delivery market. The 510 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 510 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
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with a load carrying capacity of between 510
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 (gt20 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 (lt20 kilometers)
segment during the forecast period. Based on
range, the long range (gt20 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 (lt20
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 long duration (gt30 minutes) of the
aerial delivery drones market and the ground
delivery vehicles market is estimated to account
for a larger share in 2021 There is a rising
focus by major drone OEMs, such as Boeing (US)
and Wingcopter (Germany), on the development of
drones that can operate for more than 30 minutes
to deliver packages at a longer distance. Demand
for medical aids in hard-to-reach areas to drive
the segment 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. Key Market Players 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. Ask for Sample
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