The global demand for Drone Package Delivery Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Delivery drones, also called unmanned aerial vehicles, are pilotless aircraft transporting packages to a designated area. Drone operators can keep an eye on multiple flying bots simultaneously, maintaining track of every package delivered. Drones usually use rechargeable batteries and 4-8 propellers to give thrust, and packages are attached underneath the drone's body. The significant benefits include reduced environmental pollution, reduced road congestion, reduced delivery time, and reduced transportation cost.
The high demand for faster delivery and amendments in the regulatory framework to promote drone package delivery worldwide is the primary factor driving the drone package delivery market over the forecast period. In addition to that, augmented use of light and low-cost payload drones for product delivery by start-ups will leads to more demand for drones in the future. The high usage of delivery drones in the e-commerce sector, convenience stores, quick-service restaurants, and healthcare sectors contributes to the drone package delivery market's growth. High demand for quick delivery of packages is another factor leading to the market growth. The rising need for medical supply in remote areas and contactless deliveries for hygienic purposes acts as a lucrative opportunity in the drone package delivery market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of drone package delivery.
The entire Drone Package Delivery market has been sub-categorized into type, application, package size, range. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Rotor Wing
- Fixed Wing
- Hybrid Wing
By Package Size
- Medical Aids
- Food Delivery
- Less Than 2kg
- 2kg to 5kg
- More than 5kg
- Less Than or Equals to 25 Km
- More than 25 K
This section covers regional segmentation which accentuates on current and future demand for drone package delivery market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Drone Package Delivery Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the drone package delivery market include Amazon.com, Inc., FedEx, United Parcel Service of America, Inc., Boeing, DHL International GmbH, Matternet, Inc., Zipline, Flirtey, Drone Delivery Canada Corp., Flytrex, Workhorse Group Inc., Wing Aviation LLC, Airbus S.A.S.. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.