Drone Package Delivery Market Research Report

 Drone Package Delivery Market

GMI Research anticipates that the Drone Package Delivery Market to witness a significant annual growth rate over the forecast period (2021-2028).

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The factors driving the growth of Drone Packaging Delivery Market includes increasing demand for fast delivery, concerns about high carbon footprint, advancement in drone technology with the addition of Artificial Intelligence and IoT used for attaining high accuracy in package delivery. The companies working in different sectors such as healthcare, agriculture and retail are trying to employ drone in order to smoothen their delivery operations. The increasing usage of drones for delivery in e-commerce and especially in healthcare services for delivering lifesaving drugs are some of the factors driving the growth of Drone Package Delivery Market. The on-going Covid-19 Pandemic has surged the demand for contactless deliveries and drones are proving to be more reliable supply chain for filling the gap.

However, the growth of Drone Packaged Delivery Market is hindered by high cost linked with operations, restrictions on the amount of weight and commercial usage of drones in many Countries. Also, the limited availability of charging stations, drone flight operations center and micro-fulfillment centers are likely to restrict the Drone Package Delivery Market Size.

Prominent players in the market are Deutsche Post AG, United Parcel Service of America, FedEx, EHang, Boeing, Amazon.com Inc., Zipline, Wing Aviation LLC, Matternet Inc., Airbus S.A.S., among others.

Type – Segment Analysis

Based on the Type, the Hybrid segment is anticipated to grow at a faster CAGR during the forecast period owing to the increasing emphasis on the development of drones for delivering products within the city along with rising technological advancement in drones.

End Use – Segment Analysis

Based on the End Use, the Medical Aids Delivery segment is anticipated to grow at a faster CAGR during the forecast period due to its increasing application in pharmacy and laboratory pickups and deliveries. Due to increased pressure put on to the existing healthcare systems, medical aid delivery system has turned out to be useful option in providing contactless deliveries, further increasing the Drone Package Delivery Market Size.

 Regional – Segment Analysis

Based on the region, the North American region is estimated to lead the market during the forecast period owing to increase in the trend of online shopping on e-commerce platforms, as per the report from ARTS release, e-commerce sales increased by $244.2 billion in 2020, growing from $571.2 billion in 2019 to $815.4 billion in 2020.

The Asia-Pacific region expected to grow at a healthy rate owing to increase in online food deliveries, In the FY 2021, SWIGGY alone recorded a revenue nearly $25 Billion in the online food delivery market in India.

 Market Segmentation

Global Drone Package Delivery Market by Type

  • Fixed wing
  • Multirotor
  • Hybrid

Global Drone Package Delivery Market by Range

  • Short-Range (<25 Kms)
  • Long-Range (>25 Kms)

Global Drone Package Delivery Market by Package Size

  • <2 Kgs
  • 2-5 Kgs
  • >5 Kgs

Global Drone Package Delivery Market by Duration

  • Short Duration (<30 Mins)
  • Long Duration (>30 Mins)

Global Drone Package Delivery Market by End Use

  • Food Delivery
  • Retail Goods Delivery
  • Postal Delivery
  • Medical Aids Delivery
  • Precision Agriculture Delivery
  • Industrial Delivery
  • Weapon & Ammunition Delivery

Global Drone Package Delivery Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC

 

  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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Contact Person: Sarah Nash
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