Autonomous Last Mile Delivery Market Poised for Explosive Growth, Estimated to Reach $4.2 Billion by 2030

1. Autonomous Last Mile Delivery Market Poised Autonomous Last Mile Delivery Market Poised for Explosive Growth, Estimated to Reach $4.2 for Explosive Growth, Estimated to Reach $4.2 Billion by 2030 Billion by 2030 The latest market research report on the Autonomous Last Mile Delivery Market forecasts a robust growth trajectory, estimating its value at USD 0.9 billion in 2023 and projecting a remarkable surge to USD 4.2 billion by 2030, boasting a Compound Annual Growth Rate (CAGR) of 22.7%. The market has witnessed accelerated development, driven by key factors such as the booming e-commerce sector and significant advancements in autonomous vehicle technologies. Key Market Players: The report identifies key players dominating the autonomous last mile delivery market, including Starship Technologies, JD.com, Nuro, Amazon, Kiwibot, Zipline, UPS, Wing, Flirtey (SkyDrop), and Matternet, Inc. These industry leaders offer diverse drones applicable across various sectors and boast strong distribution networks globally. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=41240862 Key Drivers: E-commerce Boom: The rapid growth of e-commerce and online shopping has fueled the demand for efficient last-mile delivery solutions, particularly in urban areas where traffic congestion poses challenges to timely deliveries. Advancements in Autonomous Vehicles: Major players in the automotive industry investing heavily in research and development have led to significant progress in self- driving vehicles, equipped with advanced sensors, artificial intelligence, and machine learning capabilities. Market Segmentation: The report categorizes the market based on platforms, solutions, applications, types, payload weight, range, duration, and regions. Notable segments include aerial

2. delivery drones, ground delivery vehicles (delivery bots, self-driving vans & trucks), and various payload weight categories. Segment Highlights: High Growth Platforms: Delivery drones in the aerial segment and self-driving vans & trucks in the ground segment are expected to witness the highest CAGR, offering expedited delivery capabilities and reduced dependence on human intervention. Long-Range Dominance: The long-range segment (>20 Kilometers) is projected to lead both aerial and ground autonomous last-mile delivery markets, driven by the portability, efficiency, and low operating costs of delivery drones and ground vehicles. Application Trends: Retail & Food Dominance: Both aerial and ground segments show the retail & food application segment growing with the highest CAGR during the forecast period, propelled by the rapid growth of e-commerce and the demand for faster delivery services. Solution Insights: Infrastructure Solutions Leadership: The infrastructure solution segment is expected to witness the highest growth in both aerial and ground segments, thanks to continuous technological advancements that enhance navigation, obstacle avoidance, and overall operational efficiency. Regional Landscape: North America Leading: North America is projected to hold the highest market share in 2023, fueled by a mature e-commerce ecosystem, high adoption of online shopping, significant advancements in autonomous vehicle technology, and a well- developed logistics and transportation network. Inquiry before buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=412408 62 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one ofAmerica’s best management consulting firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes. The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with

3. clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visitwww.MarketsandMarkets™.comor onTwitter,LinkedInandFacebook. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email:sales@marketsandmarkets.com follow us