The Autonomous Delivery Vehicles Market Analysis (2023 - 2030)
The autonomous delivery vehicles market was valued at USD 860 million in 2021, and it is anticipated to reach USD 4000 million by 2027. This market is anticipated to expand at a robust 21.85% CAGR from 2022 to 2027.
Without any human involvement during the entire process, autonomous delivery vehicles use both ground-based and aerial (such as drones) vehicles to deliver goods to customers' doorsteps. Due to the commercialization of autonomous aerial delivery drones and ground delivery robots used to deliver products, on-demand delivery services are anticipated to undergo a significant transformation. The retail, food & beverage, logistics, and healthcare sectors among others use these delivery drones and robots to send packages. Ground delivery robots are being developed in such a way that, in addition to picking up on little cues from people or other structures on and near highways, they also adhere to traffic signals while navigating.
Over the past few years, there has been a sharp rise in demand for autonomous last-mile deliveries. With improvements in delivery system technology, the market has shown notable development in recent years. The market's expansion is linked to the growing use of autonomous vehicles for the delivery of goods without human involvement.
Additionally, as the e-Commerce sector has grown, transportation methods have been improved to provide better and more efficient product delivery, which in turn is increasing demand for autonomous delivery vehicles.
Key Market Insights:
- The ground section of the market is separated into Delivery Bots and Self Driving Trucks and Vans, and the aerial segment is divided into Cargo Drone and Delivery Drone based on the platform. Due to the growing demand for autonomous delivery solutions in the food and retail sectors as well as the growing demand for contact-free healthcare supply deliveries using autonomous ground vehicles/aerial drones due to the COVID-19 pandemic, the market for delivery drones in the aerial segment and self-driving vans & trucks in the ground segment are projected to grow with higher CAGRs.
- Aerial and ground segments are classified as Short Range based on a range (20 Kilometres). With a higher CAGR over the projected period, the long-range segment (>20 kilometres) is anticipated to dominate both the aerial and ground autonomous delivery vehicles markets. This is because airborne drone delivery services are very portable, more efficient, and cost-effective to use. On a single battery, long-range airborne delivery drones can cover a distance of more than 20 kilometres. The largest driver for this market sector is the requirement for long-range autonomous ground robots that can cut down on carbon dioxide emissions and the need to reduce pollution in large cities.
- Aerial and Ground segments are separated into three categories based on payload weight: 5 kilogrammes, 5–10 kilogrammes, and >10 kilogrammes. The segment for ground segment >10 kilogrammes is anticipated to expand with the greatest CAGR throughout the projected period, while the segment for aerial section 5-10 kilogrammes payload weight is anticipated to grow at the highest CAGR. The market growth is anticipated to be boosted by the continuous developments in drone/autonomous ground vehicle logistics, which will increase the payload carrying capacity of aerial delivery drones/vehicles. When there is a medical emergency or a natural disaster, aerial delivery drones with a load carrying capacity of up to 5 kilos are typically employed to transport relief supplies and medicines.
- The logistics and transportation, healthcare & pharmacy, and retail & food segments of the aerial delivery drone market have been created based on application. The ground delivery vehicle market has been divided into logistics and transportation and retail and food based on application. The retail and food industry is anticipated to expand at the highest CAGR for both the aerial and ground segments over the projection period. The booming e-commerce industry has contributed to the demand for faster one-day deliveries, which has helped to develop the market for drone delivery and ground vehicle applications.
- In 2021, North America is anticipated to dominate the market for autonomous last-mile deliveries. The US is North America's biggest market for autonomous last-mile deliveries. The deployment of autonomous delivery vehicle solutions increased government funding for drone and autonomous ground vehicle upgrades, and commercial companies are all projected to have a significant impact on the market in North America. The United States lax drone flight regulations have made it legal to utilise drones for delivery in its civil and commercial skies. Many US businesses are seeking to commercialise airborne delivery drones for use in logistics, retail, food, and medicinal applications.
Market Segmentation:
By Platform
- Aerial Delivery Drones
- Cargo Drone
- Delivery Drone
- Ground Delivery Vehicles
- Delivery Bots
- Autonomous/ Self-Driving Vans & Trucks
By Solution
- Aerial Delivery Drones
- Hardware
- Airframe
- Avionics
- Propulsion System
- Payload
- Infrastructure
- Ground control stations
- Charging stations
- Vertiports/landing pads
- Micro-fulfilment centres
- Software
- Route planning & optimizing
- Inventory management
- Live tracking
- Fleet management
- Computer vision
- Ground Delivery Vehicles
- Hardware
- Navigation (Gps,Lidar, Sensors,Radars,Cameras)
- Propulsion
- Others
- Infrastructure
- Ground Control Stations
- Charging Stations
- Micro-Fulfilment Centres
- Software
- Route Planning & Optimizing
- Inventory Management
- Live tracking
- Fleet Management
- Computer Vision
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the world
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