ABI Research: Robotic Last-Mile
Delivery Revenues Expected to Reach $670M in 2030
June 22, 2022
According
to new research from ABI Research, worldwide robotic last-mile delivery revenues
are forecasted to grow from US$70 million in 2022 to US$670 million in 2030.
Furthermore, the value of those parcels delivered by Autonomous Mobile Robots (AMRs)
could reach US$3.3 billion by 2030. This growth is guiding competition,
partnerships, and investments, which address continued labor shortages and high
fuel charges.
Lack of profitability and
decreasing time to deliver are among the top concerns for retailers,
restaurants, and last-mile delivery service providers globally. “As inflation
and vehicle costs rise exponentially, these businesses are struggling to raise
prices on wary consumers and businesses, while needing to protect margins,”
explains
Adhish Luitel, Senior Analyst, Supply Chain Management &
Logistics at ABI Research. Key initiatives include reducing labor,
vehicle maintenance costs, and fuel requirements while scaling to meet demand
and customer expectations.
“The
use of automation will continue to grow as governments increase regulatory
approvals, more companies scale revenue-producing operations, and both consumers
and businesses find value in low touch, quick delivery of their items,” Luitel
says. Providers include Starship Technologies, Nuro, Kiwibot, Udelv, and Amazon
Scout.
As these autonomous vehicles grow from university campuses to the suburbs and
city streets, companies will be able to judge not only their financials but also
the response from the larger communities as they adjust to sharing their
sidewalks, streets, and crosswalks with these efficient machines. |