This report provides detailed historical analysis of global market for Autonomous Delivery Vehicles from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.

Vancouver, BC -- (SBWire) -- 01/25/2021 --Market Size – USD 1.34 Billion in 2019, Market Growth - CAGR of 43.6%, Market trends –Increased investment in self-driving R&D technology.

The outbreak of coronavirus has compelled businesses and individuals to put a stop to their commutable operations and encouraged them to follow social distancing around the world. The rising number of patients who have tested positive for the COVID-19 infection has driven the demand for necessities like medical supplies and groceries. Among the popular modes of last-mile transport is the autonomous delivery vehicles, which is a suitable alternative in case of such pandemic situations.

Key participants include Starship, Amazon, FedEx, Postmates Serve, Nuro, Alphabet Wing, UPS Flight Forward, Aurora, Matternet, and Zipline, among others.

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The research provides answers to the following key questions:
What will be the growth rate of the Autonomous Delivery Vehicles market for the forecast period, 2020 - 2027? What will be the market size for the estimated period?
What are the prominent factors driving the Autonomous Delivery Vehicles market across different regions?
Who are the major vendors dominating the Autonomous Delivery Vehicles industry and what are their winning strategies?
What are the major trends shaping the development of the industry in the coming years?
What are challenges faced by the Autonomous Delivery Vehicles market?
What are potential opportunities for the industry for the forecast period, 2020 - 2027?

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Market Drivers
To cope up with the COVID-19 outbreak, autonomous delivery vehicles are being used to bridge the gap in last-mile delivery and logistics. The use of such vehicles is expected to grow at a robust rate as governments impose self-quarantine measures and nationwide lockdown for a long-extended period. In current times, the autonomous delivery vehicle market witnessed a sudden boost in the early introductory growth phase. Consumers are extensively purchasing vehicles to reduce the risk of getting infected. The adoption of autonomous delivery systems is also increasing among government associations due to the critical nationwide emergency to deliver medicines, disinfect affected areas, and monitor crowd control.

Regional Landscape
North America accounted for the largest market share and is projected to see a high demand for delivery vehicles in the current situation owing to the rising COVID-19 infection in the U.S. and the rising necessity to control the spread of the disease. The Asia Pacific region also exhibits lucrative growth due to the improvement in healthcare infrastructure and rapid e-commerce industry. A booming manufacturing industry and various planned aerial delivery vehicle infrastructure in emerging countries like India and China are also influencing the market positively. Various hospitals in the region are utilizing these automated delivery vehicles to curb time and decrease human interaction.

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Key highlights of this report
Comprehensive study of parent marketChanging market aspects of the industry
In-depth evaluation of market segments
Historical, existing and projected growth in market size in terms of volume and worth
Latest industry trends and recent technological developments
Competitive background of the industry
Business strategies of key players and their product portfolio
Potential and niche segments, geographical regions demonstrating promising growth
An unbiased perspective of the market performance
Vital information for market players to sustain and intensify their market presence

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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

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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Autonomous Delivery Vehicles Market Segmentation & Impact Analysis
4.1. Autonomous Delivery Vehicles Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Demand for the Fast Delivery of Packages
4.2.2.2. Increased Use of Low-Cost and Light Payload Drones for Product Delivery By Startups
4.2.2.3. Incorporation of Advanced Sense and Avoid Systems in Aerial Delivery Drones
4.2.3. Market restraints analysis
4.2.3.1. Lack of Required Infrastructure in emerging nations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Autonomous Delivery Vehicles Market By Type Insights & Trends Revenue (USD Million)
5.1. Type Dynamics & Market Share, 2019 & 2027
5.1.1. Aerial Delivery Drones
5.1.2. Ground Delivery Vehicles
5.1.2.1. Delivery Bots
5.1.2.2. Self-driving Vans and Trucks

Chapter 6. Autonomous Delivery Vehicles Market By Component Insights & Trends Revenue (USD Million)
6.1. Component Dynamics & Market Share, 2019 & 2027
6.1.1. Hardware
6.1.2. Software
Continued…

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