Global Automatic Delivery Vehicle Market Size, Share, and COVID-19 Impact By Vehicle Type (Ground Delivery Vehicles, Aerial Delivery Drones, and Autonomous Delivery Robots), By Application (Retail, Food and Beverage, Healthcare, Logistics, and Others), By Component (Hardware, Software, and Services), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Global Automatic Delivery Vehicle Market Insights Forecasts to 2033

• The Global Automatic Delivery Vehicle Market Size was estimated at USD 3.06 Billion in 2023
• The Market Size is expected to Grow at a CAGR of around 12.46% from 2023 to 2033
• The Worldwide Automatic Delivery Vehicle Market Size is Expected to Reach USD 9.90 Billion by 2033
• Asia Pacific is expected to Grow the fastest during the forecast period.

The Global Automatic Delivery Vehicle Market Size was worth around USD 3.06 Billion in 2023 and is predicted to Grow to around USD 9.90 Billion by 2033, with a compound annual growth rate (CAGR) of 12.46% between 2023 and 2033. The market is driven by the growth of the automatic delivery vehicle market, including technological advancements, growth in e-commerce activities, and enhanced investment in autonomous technology.

Market Overview

The automatic delivery vehicle market refers to an autonomous or self-driving vehicle meant to deliver products without human control. Fitted with technologies such as GPS, LiDAR, sensors, and AI-powered navigation systems, these vehicles are employed for last-mile delivery across logistics, retail, and food delivery industries. The growth of the market is the exponential increase in e-commerce operations. With the changeover to online purchasing, there has been a huge need for efficient and prompt delivery services. Buyers today expect faster delivery, mostly on the same day or even within a couple of hours from ordering. Furthermore, the most promising opportunities are the integration of 5G technology. The low-latency, high-speed communication provided by 5G can greatly improve the capabilities of autonomous delivery vehicles, enabling them to operate more efficiently and reliably. Businesses that invest in 5 G-enabled delivery solutions will be well-placed to achieve a competitive advantage in the market. Moreover, avenue exists in the creation of customized delivery solutions for specific markets, such as healthcare and emergency response. By targeting the distinct needs of these industries, businesses can open up new revenue streams and extend their market potential. Additionally, governments are also investing in infrastructure favorable for such technologies, including lanes dedicated to autonomous ground vehicles and delivery drones with allocated airspaces.

Report Coverage

This research report categorizes the automatic delivery vehicle market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the automatic delivery vehicle Market. Recent market developments and competitive strategies such as expansion, type launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the automatic delivery vehicle market.

Driving Factors

The automatic delivery vehicle market is driven by some major trends. The market for automatic delivery vehicles is advancing in the area of artificial intelligence (AI) and machine learning (ML). Such advances in technology have profoundly enhanced autonomous systems' capabilities, making available more dependable and effective delivery options. AI and ML integration allows such vehicles to drive through complex routes, handle enormous volumes of data in real time, and make smart decisions on their own without external interference. Moreover, this technological strength is opening doors to wider application in different industries, and the exponentially increasing e-commerce activities. Due to the inclination towards online buying, there is a huge surge in demand for timely and effective delivery services. Customers now seek quicker deliveries within the same day or even shortly after placing orders. Self-service delivery vehicles like drones and land robots are finding their way as a necessity to fulfill such lofty customer expectations. Their capacity to work around the clock, without interruption, makes the last-mile delivery both fast and dependable, thereby improving overall customer satisfaction.

Restraining Factors

The automatic delivery vehicle market encounters certain difficulties that would restrain its development. The biggest threat is regulatory uncertainty. Although most nations are starting to establish frameworks for the implementation of autonomous delivery vehicles, the regulatory environment remains evolving. Regulation changes or rigorous requirements could be challenging for firms intending to deploy these solutions.

Market Segmentation

The automatic delivery vehicle market share is classified into vehicle type, application, and component.

• The ground delivery vehicles segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period.

Based on vehicle type, the automatic delivery vehicle market is segmented into ground delivery vehicles, aerial delivery drones, and autonomous delivery robots. Among these, the ground delivery vehicles segment held the largest share of the market in 2023 and is projected to grow at a substantial CAGR during the forecast period. The segmental growth is due to their capacity to transport more payload over greater distances, making them well-suited for bulk delivery in suburban and urban regions. Amazon and FedEx are significantly investing in this segment to upgrade their last-mile delivery capabilities.

• The logistics segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on application, the global automatic delivery vehicle market is divided into retail, food and beverage, healthcare, logistics, and others. Among these, the logistics segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The growth is driven by the multi-modal delivery allows logistics companies to maximize the route optimization of deliveries, minimize the costs of operations, and increase the speed of delivery. Furthermore, the inclusion of AI and data analytics optimizes the delivery systems even more, making logistics a primary area of application for autonomous delivery vehicles.

• The hardware segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on component, the global automatic delivery vehicle market is categorized into hardware, software, and services. Among these, the hardware segment accounted for a significant share in 2023 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's growth is attributed mainly to the prohibitively expensive nature of these cutting-edge technologies. Ongoing innovation in hardware, including smaller and more power-efficient batteries and lighter materials, is fueling growth in this category.

Regional Segment Analysis of the Automatic Delivery Vehicle Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the automatic delivery vehicle market over the predicted timeframe.

North America is anticipated to hold the largest share of the automatic delivery vehicle market over the predicted period. This dominance is due to the region's rise in adopting autonomous technology early on, combined with heavy investments from tech behemoths and logistics firms, which have spurred its market dominance. Furthermore, the United States, in particular, is leading the charge on this front, with firms such as FedEx and Amazon going full-steam ahead with using autonomous delivery vehicles to upgrade their delivery networks.

Asia-Pacific is expected to grow rapidly in the automatic delivery vehicle market during the forecast period. The market in the region is driven by the swift growth of the e-commerce industry across nations such as China and India, as well as growing investment in smart city projects and cutting-edge logistics solutions. The region's massive population base and urbanization trend are also driving the demand for effective delivery solutions higher.

Competitive Analysis:

The report offers an appropriate analysis of the key organization markets/companies involved within the automatic delivery vehicle market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, business strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Amazon
• Alibaba
• JD.com
• Nuro
• Udelv
• Marble
• FedEx
• UPS
• DHL
• Ford
• Toyota
• Hyundai
• Honda
• Tesla
• Waymo
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In October 2020, Amazon took delivery of its first-ever, purpose-built EV delivery van — a specially constructed vehicle through its collaboration with electric transit startup Rivian.

Market Segment

This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the automatic delivery vehicle market based on the below-mentioned: 

Global Automatic Delivery Vehicle Market, By Vehicle Type

• Ground Delivery Vehicles
• Aerial Delivery Drones
• Autonomous Delivery Robots

Global Automatic Delivery Vehicle Market, By Application

• Retail
• Food and Beverage
• Healthcare
• Logistics
• Others

Global Automatic Delivery Vehicle Market, By Component

• Hardware
• Software
• Services

Global Automatic Delivery Vehicle Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa

Rest of the Middle East & Africa