Robotics & Automation News

Market trends and business perspectives

Global market for autonomous last-mile delivery solutions set to grow to $76 billion

Last-mile delivery always tends to present a challenge for business ventures across all types of industries.

And, with autonomous solutions being more and more popular these days, industry players have started opting for driverless delivery vehicles, according to a report – Autonomous Last Mile Delivery Market – by Allied Market Research.

Replenishing gaps in the supply chain, these self-directed vehicles are now being perfectly utilized to hand over products to dealers, merchants, retailers, and even common people.

Nowadays, customers have high projections and beliefs for delivery fulfillment. And with autonomous vehicles on board, deliveries can now be projected to turn out to be faster and economical.

We all know that failed delivery attempt is enough to deface the customer’s notion about the entire shopping drive.

In order to mitigate these challenges, logistics and technology businesses ventures have been initiating autonomous delivery robots to cart out packages to shoppers’ doorsteps.

Ford and Agility Robotics have now got allied for last mile autonomous delivery solutions.

Ford is now all set to launch a more anthropoid robot, namely Digit, a robot with arms and limbs, for last 50 feet delivery in unification with self-directed automobiles.

This would incorporate the advantages of normal road transfers that would utilize Digit for the final few feet from the respective wheels to the customer’s doorstep. Digit has been exclusively intended to walk straight without shriveling up energy, so that it comes out successful in delivering maximum number of orders.

Digit’s special design also permits it to firmly fold itself up for convenient storage in the back of a van or truck until it’s drawn to action. After a van reaches its destination, Digit can be arrayed to grasp a package from the truck and perform the final course in the delivery procedure.

At the same time, in case, it comes across an unpredicted hindrance or impediment, it can get off an image back to the van to pull up additional computing power.

The vehicle, in turn, comes with the potential to send the required information into cloud and call for help from other systems to empower Digit to steer back, doling out several heights of assistance that help keep the robot deft and agile.

The light weight of Digit also helps ascertain the fact that it has a long run time, which is quite indispensable for delivery businesses that operate persistently throughout the day.

The R2, which was formulated and brought in the US in collaboration with Michigan-based Roush Enterprises, presents as well as promotes a more sustainable body that’s capable of dealing with a greater variety of highways, temperatures, and weather conditions than the R1 model.

It’s flat, even and curved cabin, which has got certain boundaries and edges where side mirrors would otherwise be plunked, makes enough space for motorists and bicyclists, while perking up sideways flexibility on the road.

Moreover, it has a “pedestrian-protecting” front end that allows it to prop up a 360-degree sight of the road all the time using a concoction of thermic imaging camcorders, RGB cameras, detectors, long- and short-scale lidar devices, and a big outward screen for corresponding to the truck or van’s different storage compartments.

Last but not the least, we can also just not ignore the emergence of REV-1.

A food delivery robot developed by Refraction, a start-up based in Ann Arbor, Michigan, is expected to work out on the last-mile issues by introducing an economical and light-weight autonomous delivery robots that can remain effective on roadways as well as in bike lanes.

The way it would be working is also commendable indeed. Customers within a certain distance can place their order through the integrated pilot program. The customer would receive a unique code, and on accepting the same, he/she would then be able to track every detail of the robot’s movements.

Finally, when REV-1 would arrive at the destination, the customer can collect the food with the provided code.

According to Allied Market Research, the global autonomous last mile delivery market is projected to cite a considerable annual growth from 2021 to 2030.

The global autonomous last mile delivery market is expected to value $11.13 billion in 2021, and is projected to reach $75.65 billion by 2030, registering annual growth of 23.7 percent.

North America is anticipated to be the highest revenue contributor, accounting for $4.5 billion by 2021, and is estimated to reach $35.67 billion by 2030, with annual growth of 25.9 percent.

North America and Europe are projected to collectively account for around 71.1 percent share in 2021, with the former constituting around 40.6 percent share.

North America and Europe are expected to witness considerable annual growth of 25.9 percent and 24.5 percent, respectively, during the forecast period. The cumulative share of these two segments is expected to be 71.1 percent by 2021, and is anticipated to reach 79.1 percent by 2030.

Top-end development in delivery vehicles, and increase in demand for quick delivery of packages are the major factors driving the market growth.

Dearth of essential infrastructure to maintain operations of autonomous delivery services and interference of stringent government regulations are expected to boil down the growth to certain extent.

However, emergence of aerial delivery drones, and adoption of an array of effective ways to deliver packages have almost toned down the possibility and ushered in several lucrative opportunities in the region.

To conclude, it can be argued that the autonomous last mile delivery market holds enough prospects, and as the demand for autonomous solutions is soaring high, it’s anticipated that the market is going to thrive yet more.

About the author: Koyel Ghosh is a blogger with a strong passion and enjoys writing on miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest for creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last three years.

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