Study: Last-Mile Robotics Deliveries Expected to Surge by 2030
23 Mar, 2020
A new study by Lux Research predicts that by 2030, drones, legged robots, wheeled robots and autonomous vehicles will handle last-mile delivery of more than 20 billion packages.
In 2019, the overall market for parcel deliveries was 107 billion parcels, for revenue of $350 billion. By 2030, that's expected to grow to 289 billion parcels with revenue of $665 billion. Automated, last-mile deliveries are projected to generate $48 billion in revenue by 2030 and account for 20% of all parcel deliveries.
Consumer expectations for faster deliveries are driving companies to explore using automated delivery technologies, according to the Lux study. The most promising of automated delivery methods are autonomous vehicles paired with drones, says the study.
"Robot-as-a-service business models are emerging in startups developing last-mile automated delivery technologies," stated Lux research analyst Josh Kern. "Large companies that can invest in and develop their own technologies are not expected to use these services, but logistics companies and retailers with no experience in robotics likely will."
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