The Future of Grocery Delivery

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

We think in 2030 e-commerce could capture about 35% of the 11 trillion grocery market globally and robots could account for more than half of those deliveries. In the middle mile part of the logistics supply chain autonomous trucks will likely dominate. An autonomous electric truck as I said could price at 3 cents per 10 mile. The less than half the cost of a human driven diesel truck but importantly it's also cheaper than rail. And ultimately we think that robot grocery delivery could generate about $40 billion in fees by 2030.

Welcome to the Big Ideas Monday Miniseries, brought to you by the For Your Innovation Podcast.

Big Ideas is meant to enlighten investors on the long-term impact of innovation. This annual research report seeks to highlight the technological breakthroughs evolving today and creating the potential for super-exponential growth tomorrow.

We believe that innovation is taking off now, corroborating our original research and boosting our confidence that ARK’s strategies are on the right side of change.

To learn more, view Big Ideas 2023.

This week’s Big Ideas Monday Mini Episode focuses on Autonomous Logistics.

Autonomous logistics—including trucks, drones, and robots—should lower delivery costs and increase convenience.

Based on our updated assumptions on pricing, ARK estimates that autonomous logistics revenue could scale from nearly zero today to $1-2 trillion by 2030. Autonomous delivery charges could range from $0.20 to $10 per trip.

Watch the video version here.