The growing requirement for cost-efficient and speedier delivery services along with the increasing e-commerce segment has increased market growth. In addition, speedy technological advancements and a robust startup ecosystem in the robotics space are projected to propel the market growth over the review duration.
Further, the advancement of aerial delivery drones that function smoothly in geographically challenging fields followed by its consideration to be an efficient means to carry packages is predicted to generate different opportunities for the expansion of the robotic last-mile delivery market. Nonetheless, the aspects such as the increment in demand for the fast delivery of packages and an augment in technological innovations in delivery vehicles drive the Robotic Last Mile Delivery Market growth.
According to the SPER market research, ‘Global Robotic Last Mile Delivery Market by Type (Robot (Collaborative Autonomous Mobile Robots, Goods-to-Person Automated Carts/Robots, Mobile Picking Robot, and Last-Mile Side-Walk Delivery Robots), Autonomous Vehicle (Autonomous Mobile Industry Vehicles, Automated Guide Carts and Vehicles, Autonomous Trucks, and Delivery Vans and Pods), and Delivery drones), By Solution (Software, Hardware and Services), By End-User Industry (Healthcare & Pharmaceuticals, Logistics, Food & Beverages, Retail and Others), By Range(Long Range(>20KM) and Short Range(<20KM)) and By Region (North America, Europe, South America, Asia Pacific and Middle East & Africa), Forecast from 2021-2027’ states that the global robotic last-mile delivery market predicted to increase at a noteworthy CAGR throughout the review duration, 2020-2027. The primary aspects are the increasing demand for drones and autonomous vehicles to carry lightweight packages in conjunction with the great routes to augment proficiency and capacity.
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In addition, the growing utilization of drones, robotics, and autonomous vehicle to carry the product of services to client’s doorstep without including the human intervention will propel the growth of the global robotic last-mile delivery market size in the analysis duration.
Augment in advancements by the top market players fosters the growth of the autonomous last-mile delivery industry. For instance, Amazon has launched a delivery robot named Scout, which is the size of a small cooler and can roll along sidewalks and deliver packages to the doorstep of the client. This has motivated Amazon to introduce a new concept in the field of robotic last-mile delivery service. The robotic last-mile delivery market review encounters different advancements carried out by key market players, which leads to the growth of the market.
Furthermore, different organizations are figuring out to proficiently tackle the challenging client requirement & delivery solutions. E-commerce companies around the globe have announced multibillion-dollar supply chain investments to promise speedier deliveries, along with additional benefits of foster in customer satisfaction, reining costs, and attaining a competitive benefit. Hence, all these advancements to fulfill clients’ requirements will foster the autonomous package delivery market in the future.
North America is predicted to lead the robotic autonomous last-mile delivery market during recent past years. The US is the greatest market for autonomous last-mile delivery in North America. The increasing spending by the US government organizations for autonomous ground vehicle upgradation and private players along with the deployment of robotic last-mile delivery solutions are foremost aspects predicted to propel the market in North America.
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Robotic Last Mile Delivery Market Future Outlook
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