Global Autonomous Delivery Vehicles Market research report offers a panoramic view of the Autonomous Delivery Vehicles market, regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Autonomous Delivery Vehicles market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The study offers a clear understanding of the current market scenario owing to the COVID-19 pandemic and offers a comprehensive analysis of the current and future impact of the pandemic on the overall market landscape. The economic landscape and the market environment have observed drastic changes due to the social restrictions and government-enforced lockdowns imposed to curb the spread of COVID-19. The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.
Market Size – USD 1.34 Billion in 2019, Market Growth - CAGR of 43.6%, Market trends –Increased investment in self-driving RD technology.
The primary driving demand is from the e-commerce and the healthcare sector. The growing trend for online shopping and the imposition of lockdowns at several places have limited human contact and led people to shop online for their domestic needs. An increasing requirement for safer industry standards in the workplace and a rise in productivity owing to improved supply chain processes have also propelled the market demand.
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The report also discusses the key players involved in the market such as Starship, Amazon, FedEx, Postmates Serve, Nuro, Alphabet Wing, UPS Flight Forward, Aurora, Matternet, and Zipline, among others.
Key insights presented in the report:
- In November 2020, Walmart will launch an autonomous test with Cruise in Arizona. The company will launch the service in Scottsdale next year in partnership with Cruise, which is majorly owned by General Motors. The customers will be able to place their orders at a local Walmart store and have them delivered.
- The autonomous ground vehicles have the potential for fewer regulations and wider travel ranges. Large ground delivery vehicles are capable of delivering refrigerated products, such as groceries or maintenance items, furniture, tools used in construction industries.
- Autonomous vehicles are being tested for the healthcare segment around the globe. It is used as a tool that is complementary to the existing transportation system providing advantages over other approaches in specific circumstances. These autonomous vehicles can deliver medicines and supplies to patient’s in-home or hospital-based settings. Blood samples are also delivered to a lab by drones.
- Europe held a significant share of 24.3% in the year 2019 as the United Kingdom government is focused on having autonomous vehicles on the road by the year 2021, which will drive the demand for market technology. Furthermore, investment in the latest technology by Germany will also drive demand in the coming years.
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Autonomous Delivery Vehicles Market segmentation
Type Outlook (Revenue, USD Billion; 2017-2027)
Aerial Delivery Drones
Ground Delivery Vehicles
Delivery Bots
Self-driving Vans and Trucks
Component Outlook (Revenue, USD Billion; 2017-2027)
Hardware
Software
Application Outlook (Revenue, USD Billion; 2017-2027)
Manufacturing
Restaurants
Retail
Logistics
Healthcare
Others
Regional Outlook: (Revenue, USD Billion; 2018-2028)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
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Finally, all aspects of the Autonomous Delivery Vehicles market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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