The last mile of delivering is the hardest. It is cheap to ship goods worldwide, but the economic benefits of hiring employees to ship packages are not high. In the entire process of delivering products to consumers, the biggest challenge faced by logistics companies is last-mile delivery. The increasing challenges in last-mile delivery, several companies have switched to the applications of delivery robots for delivery purposes; for example, robots are being built to carry everything from food orders to packages. The transition of logistics towards the use of delivery robots is gaining steam because of the benefits such as minimized cost, minimal delivery failures, and round-the-clock serviceability.
Global robotic last-mile delivery market estimated to grow at a significant CAGR during the forecast period, 2020–2027. The major factors driving the market are the rising use of the internet, along with the expansion of the e-commerce industry. The reduction in the cost of last-mile deliveries is key driving factors for the robotic last-mile delivery market in the future periods. Further, the rise of autonomous mobility technology is anticipated to fuel the growth of the global robotic last-mile delivery market size across the globe in the coming years. Cutting costs, reducing traffic congestion, and meeting the growing demand for e-commerce sales are vital driving forces for the growth of the global robotic last-mile delivery industry in the future periods.
Additionally, the surge in demand for fast delivery packages and the rise in technological advancements in last-mile delivery technology will spur the market growth in the forecast span. Moreover, the growing focus towards enabling companies to provide extremely fast and flexible delivery service, with smaller environmental impact and potentially at a lower price and make it easier to deliver goods to remote locations, is further anticipated to boost the robotic last-mile delivery industry in the analysis period. The latest outbreak pandemic COVID-19 has fueled an unprecedented surge in online shopping, and growing automation in the logistics and delivery chain is expected to propel the demand for robotic last-mile deliver over the coming years. Furthermore, the benefits of robotic last-mile delivery for rapidly rising concerns for shippers and 3PLs, and capable of making quiet delivery during the nighttime would positively impact the growth of market growth.
The rapid development of digital technologies such as big data, cloud computing, artificial intelligence, and virtual reality has created rich application scenarios for e-commerce. It is driving a new round of e-commerce industry innovation. Big data and artificial intelligence technologies support personalized scenarios, enabling targeted purchases and promotions for different consumers; virtual reality and augmented reality technologies are gradually maturing. It is shortening the visual perception distance between consumers and commodities, improving user experience, and assisting in transaction completion.
Relying on the internet, enterprises use advanced technologies such as big data and artificial intelligence to upgrade the production, distribution, and sales processes of commodities. Thereby reshaping the structure and ecosystem of business formats, and reviewing online services, offline experience. Modern logistics has undergone in-depth integration, actively building new digital e-commerce formats from unmanned convenience stores, retail experience stores, smart stores, internet stores, and social e-commerce. It further promotes the development of e-commerce in a smart and multi-scenario direction.
The rise of the e-logistics and e-commerce industry has benefited from the continuous development of mobile internet and information technology. At the same time, the popularity of smartphones and the widespread use of social applications have prompted anyone to become a self-media center, in the form of a network structure and socialization. There have been platforms for communities and social networks. Through these platforms, everyone can use social tools to contact their relatives and friends, expand their connections, and develop e-commerce business.
Automation has significant potential to increase efficiency. Autonomous delivery vehicles, mobile robots, and drones in logistics will be the dominant technology in this regard, and they have the power to restructuring the entire industry. This technology development in automation will support delivery staff and surge productivity by cutting down the time needed to drive and park vans.
The impact of COVID-19 is being absorbed in every corner of the economy, and the global supply chain is no exception. China accounts for 25% of the global manufacturing industry and is the total installation point for more than 80% of global smartphones. Some merchants may want to turn off the quick tag to save inventory and avoid out of stock. These developments once again bring into focus the motivation and increase automation in the logistics and delivery chain.
Based on type, the global robotic last-mile delivery market classified into Robot (Goods-to-Person Automated Carts/Robots, Collaborative Autonomous Mobile Robots, Last-Mile Side-Walk Delivery Robots, and Mobile Picking Robot), Autonomous Vehicle (Automated Guide Carts and Vehicles, Autonomous Mobile Industry Vehicles, Delivery Vans and Pods, and Autonomous Trucks), and Delivery Drones. The robots will hold the maximum revenue share in the forecast period. It is attributable to these robots-based products boost productivity and enable many hybrids human-robot interaction modes and bring automation to warehouses and fulfillment centers to support robotic goods-to-person. Additionally, robots help to pick a novel and irregularly shaped items rapidly and with high success rates.
Autonomous Vehicles will be the fastest-growing segment in the forecast period. It is owing to help in reducing operational cost and navigation-based infrastructure allowing the workflow to be easily modified.
Based on the solution, the global robotic last-mile delivery market segregated into Hardware, Software, and Services. The software segment projected to dominate the robotic last-mile delivery market by 2027. It is primarily attributed to the software-based robot, bots, drones, vehicles, and pods that help inefficient management of the warehouse and logistics industry and boost overall productivity.
Hardware will grow with a lucrative growth rate in the forecast period. It is due to the technology-based drones, autonomous vehicles, and robots that enable fast and efficient delivery of packages than the traditional delivery system.
Based on the end-user industry, the global robotic last-mile delivery market segregated into logistics, healthcare & pharmaceuticals, retail, food & beverages, and others. The logistics segment will hold higher market potential by 2027. It is owing to the huge growth of the e-commerce industry globally, and omnichannel retailers, along with the rise in demand for autonomous delivery robots, especially for last-mile delivery.
Healthcare & pharmaceuticals will hold a significant market share by 2027. It is due to the growing demand for autonomous vehicles, drones, and robots for fast-delivery for medical devices, blood, and clinical devices in rural areas.
By range, the global robotic last-mile delivery market bifurcates into Short Range (<20KM) and Long Range (>20KM). Long-range will witness the higher market share by 2027 on account of the growing usage of autonomous vehicles and drones for the fast delivery of packages and products for long ranges of distances to avoid traffic congestion.
The Short-range will hold a significant market share by 2027. It is due to the increasing demand for robots, and bots for efficient management of warehouse and maintain inventory capability.
Based on geography, the global robotic last-mile delivery market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounts for a significant share by 2027 in the robotic last-mile delivery market. The growth in the region can be attributed to on presence of major players working toward the growth of the robotics last-mile delivery and growing adoption of autonomous last-mile delivery across several end-users in these regions.
The Asia Pacific is expected to provide significant growth opportunities due to the increasing awareness about the potential of robotics last-mile delivery to provide delivery services with high efficiency and at a reduced cost. Additionally, the adoption of autonomous delivery services by the e-commerce giants, such as Amazon, Walmart, and Alibaba, in the region provides a growth opportunity for the players in the delivery robot market in APAC.
Companies such as Matternet, Flirtey, Drone Delivery Canada, Flytrex, Airbus, JD.com, Starship Technologies, Savioke, DHL, Amazon, Kiwibot, Aethon, Dispatch, Postmatches Inc., Segway Robotics Inc., and Marble Robot Inc. are the key players in the global robotic last-mile delivery market.
By Type
By Solution
By End-User Industry
By Range
By Region
Global Robotic Last-Mile Delivery Market
The Global Robotic Last-Mile Delivery Market will reach a market size of USD 86.5 Billion by 2027.
By Region, the Global Robotic Last-Mile Delivery Market segmented to North America, Europe, Asia Pacific, South America, and Middle East & Africa.
Due to the rising awareness about the capability of robotics, last-mile delivery provides delivery services with high efficiency at a reduced cost; The Asia Pacific region will drive the market globally.
The Global Robotic Last-Mile Delivery Market is to grow at a compound annual growth rate of 23.6% for the forecast period of 2021 to 2027.
Cutting costs, reducing traffic congestion, the rise in demand for fast delivery packages drive the overall growth of the Global Robotic Last-Mile Delivery Market.
Analyst support
After evaluating your requirements and addressing your technical problems, the expert analyst will resolve your query directly.
Customer satisfaction
According to your needs, our expert team will assist you with the capabilities, services, and proper research needs to be required and customize the report accordingly.
Inimitable expertise
Our expert team will create unrivaled reviews to provide you with a deep understanding of the reports.
Assured quality
We have created a systematic way to determine standards and satisfy your expectations.
Instant delivery
Unlike others, we provide you a great deal of instant delivery in the form of PDF/PPT/Word Doc directly to your email address within 24 hours after receiving full payment.
Privacy policy
We understand the inkling of your privacy, we will never misuse your email address.
Custom research service
We are giving you an opportunity through which you can directly ask our expert analyst to customize an exclusive study of the report to serve your research needs.
Quality & accuracy
We provide you with the accurate quality of the customized study of an exclusive report according to your research need.
Data visualization
As the business world’s growing faster every day, we understand the value of data management. We will create the reports by keeping all the visual data sets and metrics in the charts.
Information security
We truly respect your privacy and promise to keep your personal and confidential information safe and secure.