Autonomous Last Mile Delivery Market Analysis

Autonomous Last Mile Delivery Market Analysis

Based on the type of platform, the drones segment accounted for more than 50% of the autonomous last mile delivery market share in 2021. Drones have garnered widespread relevance in last-mile delivery due to their shorter delivery times, and lower operational costs. Moreover, the pandemic has highlighted the necessity for contactless, and safe models for the delivery of food. The products can be vital in delivering medicine and consumer goods to remote areas, adding to the scope for autonomous last mile delivery solutions.

In terms of platform, the above 5kg drone payload segment is poised to register over 20% gains between 2022 and 2030. Commercial drones can lift heavy payloads and deliver them at longer distances. In addition, these drones can be used in various industries such as agriculture, telecommunications, and marketing, among others. For instance, Airborne Drones provide long-range drones which can carry packages of up to 8kg for distances of 10km, 20km, and 35km.

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Autonomous last mile delivery market from the healthcare applications is expected to record a growth rate of around 25% through 2030. This growth is attributed to the ability of drones to deliver medicines in disaster-affected areas and remote regions. With the right technology and government support, drones can deliver medicines during disasters and disruptions.
 

Europe autonomous last mile delivery market is anticipated to hold a revenue share of nearly 35% by 2030. Many European countries are facing a huge shortage of drivers. According to the Q2 Labour Force Survey for 2020, the estimated shortfall of drivers in the United Kingdom is close to 76,000. This has fostered logistics companies to seek services of autonomous vehicles for last mile deliveries thereby boosting regional market trends. The region is also home to many technology startups and established companies investing in autonomous drones.