At 16.7% CAGR Advanced Last Mile Delivery Market is expected to reach US$ 7.69 Bn by 2027

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Statuss: Published Last Mile Delivery Market to 2027 - Global Analysis and Forecasts by Technology (Drones, Autonomous Ground Vehicles, Droids, Semi-autonomous Vehicles); Type (B2B, B2C); Application (3C Products, Fresh Products, Others)

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status

Introduction: According to the new research report published by The Insight Partners, titled “Last Mile Delivery - Global Analysis and Forecast to 2027�, The Global Last Mile Delivery Market is expected to reach US$ 7.69 Bn in 2027, registering a CAGR of 16.7% during the forecast period 2019-2027. In 2018, North America was accounted for the largest share in the last mile delivery market, and the Asia Pacific is expected to be the fastest growing region in the last mile delivery market. The market is experiencing steady growth with regards to the research and development activities, product innovations, investments, and technological integrations, and deployment in the current scenario and is anticipated to rise exponentially in the coming years. The market consists of some well-established players across the globe that cater highly advanced technologies. The benefits of last-mile deliveries, which attracted parcel delivery and e-commerce players include reduced roadway congestion, improved safety, optimized route flexibility, reduced greenhouse gas emission, and overnight or one-day delivery. These factors are anticipated to propel the growth of last mile delivery market.

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status

In recent years, last mile delivery market has observed different product launch, partnership, as well as inauguration of new facilities which would help the players to grow in the market. For instance, in 2019, FedEx Express has opened a new state-of-the-art ramp operation facility at Luis Muñoz Marin International Airport (SJU) in Carolina, Puerto Rico. The new facility is part of the company’s strategy to increase its operational efficiency and meet its growing customer demands. Another initiative with respect to new product launch is undertaken by FedEx Corporation. In this, in 2019, FedEx has developed an autonomous battery-powered delivery robot to enable same-day last-mile deliveries. The FedEx SameDay Bot travels along roadsides and on sidewalks to deliver all the small shipments to its end users.

Some of the key players operating in the last mile delivery market are CEVA Logistics AG, DB Schenker (Deutsche Bahn AG), DHL (Deutsche Post AG), DSV A/S, FedEx Corporation, GEODIS, Kuehne + Nagel International AG, Nippon Express Co., Ltd., XPO Logistics, Inc., and United Parcel Service, Inc.

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status

The drones are majorly used by e-commerce companies and several governments and private organizations to deliver time-sensitive goods, medicines, and emergency response goods. Disaster recovery, medical supplies, and other applications witness significant growth potential. Drone delivery is the ultimate solution for last-mile connectivity in rural areas. The drones in the current scenario are progressing substantially, as the governments of several countries are simplifying the laws and regulations, which is raising the number of drone operating companies. Such approvals and initiatives would help the companies to widen the scope of the last mile delivery market.

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status TABLE OF CONTENTS INTRODUCTION 1.1 SCOPE OF THE STUDY 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3 MARKET SEGMENTATION 1.3.1 Global Last Mile Delivery Market – By Technology 1.3.2 Global Last Mile Delivery Market – By Type 1.3.3 Global Last Mile Delivery Market – By Application 1.3.4 Global Last Mile Delivery Market – By Geography 2. KEY TAKEAWAYS 3. RESEARCH METHODOLOGY 3.1 COVERAGE 3.2 SECONDARY RESEARCH 3.3 PRIMARY RESEARCH 4. LAST MILE DELIVERY MARKET LANDSCAPE 4.1 MARKET OVERVIEW 4.2 ECOSYSTEM ANALYSIS 4.3 EXPERT OPINIONS 4.4 PEST ANALYSIS 4.4.1 North America PEST Analysis 4.4.2 Europe PEST Analysis

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status

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Last Mile Delivery Market to 2027 Publication Month: Jun 2019 | Report Code: TIPRE00004153 | No. of Pages: 160 | Category: Automotive and Transportation | Status

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