Market Research Report
North America Autonomous Last Mile Delivery Market Forecast 2021-2028
|North America Autonomous Last Mile Delivery Market Forecast 2021-2028|
Published: August 9, 2021
Content info: 140 Pages
Delivery time: 2-3 business days
The North America autonomous last mile delivery market is estimated to project a CAGR of 19.16% during the forecast period, 2021-2028. Globalization and world trade growth have resulted in growth opportunities for the logistics and supply chain players. The thriving industrial sector, like manufacturing, automotive, retail, and food & beverage industries, is also contributing to the growth of the freight and logistics market in the region. Such aspects are set to augment the growth of the market studied.
The North America autonomous last mile delivery market growth analysis entails the assessment of the United States and Canada. The advancement in technologies like artificial intelligence, automation, machine-learning interaction, and robotics, adopted by companies like UPS and Canadian based SCI, has played an important role in the supply chain and logistics industries. It has also been influenced by novel technologies like global positioning system (GPS), transport management system, inventory management system, and warehouse management system. Such aspects are set to benefit the market in the region.
Canada encompasses a thriving ecommerce industry, due to enhanced web and mobile technology, investments in delivering a seamless omnichannel experience, shifting preference, and free returns. With the increasing preference of consumers, the delivery expectations have also increased. Also, due to extreme weather conditions, access to basic essential goods in remote locations in Canada becomes difficult. The developments made my market players provide a glimpse of market growth opportunities in Canada.
Some of the eminent companies operating in the market are Walmart, Waymo, UPS, Zipline, Marathon Targets, FedEx, etc.