The Global Autonomous Delivery Vehicles Market size was valued at USD 1.34 Billion in 2019 and is anticipated to reach USD 24.73 Billion by 2027 at a CAGR of 43.6%. The autonomous vehicles are being driven by a demand for a variety of goods to consumer’s doorsteps without human interference.

The applications of autonomous last mile delivery products in the service-based industry have increased due to the rise in demand for better & efficient delivery services that supplement the market's growth. Based on range, the market share is bifurcated into long-range and short-range.