2024 was big year for Amazon – in addition to becoming the first online retailer for Hyundai cars, the company kept busy putting a fleet of autonomous forklifts, order picking AI-powered robots, and a milestone 20,000th electric delivery van on the road.
To date, Amazon vans from Rivian have delivered nearly a billion packages to customers in the US. Amazon plans to rollout 100,000+ delivery van fleet by 2030.
On the warehouse side, the autonomous forklift market is experiencing remarkable growth and is projected to expand at a compound annual growth rate (CAGR) of 11.4%, putting the self-driving forklift market at something like $12.5 billion by 2034 with the 2-4 ton segment making up about 53% of total revenue.
