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From 2021–2028, the worldwide drone package delivery industry is expected to expand from 988.19 million USD in 2023 to 31,188.27 million USD in 2031, a compound annual growth rate (CAGR) of 55.94%. The rapid increase in CAGR can be attributed to the demand and expansion of this market, which will regain its pre-pandemic levels after the epidemic has passed. Amidst the unprecedented and devastating global impact of the COVID-19 epidemic, drone delivery services experienced a positive demand shock in every region.
Food, medical supplies, and other commodities can be sent by means of package delivery drones, which are also known as unmanned aerial vehicles or unmanned aircraft systems. With little to no human assistance, these drones can deliver items quickly and accurately. The use of automation technology to pilot these drones helps cut down on labor expenses and human mistake. Reduced distribution costs, faster deliveries, less urban traffic, and lower CO2 emissions are just a few of the many advantages using these drones for package delivery. Drones are becoming increasingly popular among logistics and freight transportation companies for a variety of delivery purposes, including reaching out to rural areas, landing vertically, and traveling at fast speeds.
Companies in the transportation and logistics industries are pouring a lot of money into developing reliable systems for drone delivery. Medical facilities, commercial enterprises, and parcel delivery services can all benefit from the new and exciting medium of drone delivery. They have been the most sought-after logistical methodology in the worldwide supply chain because of their expedited delivery time, high accuracy, and little human involvement. Several years ago, tech behemoths like Deutsche Post DHL Group, United Parcel Service of America (UPS), and Zipline established new platforms for commercial delivery services.
The need for faster delivery services, the increasing popularity of drones for the last mile of delivery, and other technical developments have all contributed to the meteoric ascent of the worldwide drone package delivery industry. Yet, the industry is hindered by the restricted operational bandwidth of drones, cybersecurity risks related to drones, and the short flight endurance of drones. Opportunities for growth are also anticipated to arise during the projection period as a result of the government's revised regulatory framework.
Region, end-use, drone type, range, package size, operating mode, and package delivery via drones are the main factors that divide the drone package delivery market. Four main categories of drones exist: fixed-wing, rotary-wing, hybrid, and unmanned aerial vehicle. The two main categories are short-range and long-range based on the range. Sorted by package weight, it falls into three categories: under 2 kg, 2–5 kg, and over 5 kg. It can be classified into three distinct modes of operation: partially autonomous, fully autonomous, and remotely piloted. Food and drink, logistics, healthcare and pharmaceuticals, retail and e-commerce, and other end-use categories are used to classify it. North America, Europe, Asia-Pacific, and LAMEA are the regions that are examined in the report.
Drone delivery has had the greatest effect on the logistics and delivery industry, but the globe has seen the growth of contactless package distribution via other ways as a result of the continuing COVID pandemic. The slow expansion in various areas, including local businesses, restaurants, pathologies, and telemedicine providers, was caused by short-term disruptions in the supply chain. As a result, drone delivery became more popular as a means to combat these issues. The e-commerce industry, logistics firms, delivery systems, healthcare providers, and law enforcement all make heavy use of this platform.
Thanks to the pandemic, there is more room and more time for the commercial use of efficient delivery drones. Businesses in the manufacturing, supply, and service industries, among others, will find these variables to be quite advantageous. Market growth is anticipated to be accelerated throughout the projected period due to the increasing demand for contactless delivery systems across supply chains.
Report Coverage
Global Drone Package Delivery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Drone Package Delivery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Drone Package Delivery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Drone Package Delivery market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Drone Package Delivery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Drone Package Delivery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
DroneScan, Deutsche Post DHL Group, United Parcel Service of America, Inc., Zipline International Inc., Matternet Inc., Workhorse Group, PINC Solutions, Amazon.com, Inc., Flytrex Inc., Drone Delivery Canada Corp., Wingcopter GmbH, Wing Aviation LLC, FedEx Corporation
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Drone Package Delivery market based on the below-mentioned segments:
Global Drone Package Delivery Market, By Drone Type
Fixed wing
Rotary wing
Hybrid
Global Drone Package Delivery market, By Operation Mode
Remotely piloted
Partially autonomous
Fully autonomous
Global Drone Package Delivery Market, By End User
Logistics
Healthcare and pharmaceutical
Food and beverage
Retail and e-commerce
Others
Global Drone Package Delivery market, Regional Analysis
Food, medical supplies, and other commodities can be sent by means of package delivery drones, which are also known as unmanned aerial vehicles or unmanned aircraft systems. With little to no human assistance, these drones can deliver items quickly and accurately. The use of automation technology to pilot these drones helps cut down on labor expenses and human mistake. Reduced distribution costs, faster deliveries, less urban traffic, and lower CO2 emissions are just a few of the many advantages using these drones for package delivery. Drones are becoming increasingly popular among logistics and freight transportation companies for a variety of delivery purposes, including reaching out to rural areas, landing vertically, and traveling at fast speeds.
Companies in the transportation and logistics industries are pouring a lot of money into developing reliable systems for drone delivery. Medical facilities, commercial enterprises, and parcel delivery services can all benefit from the new and exciting medium of drone delivery. They have been the most sought-after logistical methodology in the worldwide supply chain because of their expedited delivery time, high accuracy, and little human involvement. Several years ago, tech behemoths like Deutsche Post DHL Group, United Parcel Service of America (UPS), and Zipline established new platforms for commercial delivery services.
The need for faster delivery services, the increasing popularity of drones for the last mile of delivery, and other technical developments have all contributed to the meteoric ascent of the worldwide drone package delivery industry. Yet, the industry is hindered by the restricted operational bandwidth of drones, cybersecurity risks related to drones, and the short flight endurance of drones. Opportunities for growth are also anticipated to arise during the projection period as a result of the government's revised regulatory framework.
Region, end-use, drone type, range, package size, operating mode, and package delivery via drones are the main factors that divide the drone package delivery market. Four main categories of drones exist: fixed-wing, rotary-wing, hybrid, and unmanned aerial vehicle. The two main categories are short-range and long-range based on the range. Sorted by package weight, it falls into three categories: under 2 kg, 2–5 kg, and over 5 kg. It can be classified into three distinct modes of operation: partially autonomous, fully autonomous, and remotely piloted. Food and drink, logistics, healthcare and pharmaceuticals, retail and e-commerce, and other end-use categories are used to classify it. North America, Europe, Asia-Pacific, and LAMEA are the regions that are examined in the report.
Drone delivery has had the greatest effect on the logistics and delivery industry, but the globe has seen the growth of contactless package distribution via other ways as a result of the continuing COVID pandemic. The slow expansion in various areas, including local businesses, restaurants, pathologies, and telemedicine providers, was caused by short-term disruptions in the supply chain. As a result, drone delivery became more popular as a means to combat these issues. The e-commerce industry, logistics firms, delivery systems, healthcare providers, and law enforcement all make heavy use of this platform.
Thanks to the pandemic, there is more room and more time for the commercial use of efficient delivery drones. Businesses in the manufacturing, supply, and service industries, among others, will find these variables to be quite advantageous. Market growth is anticipated to be accelerated throughout the projected period due to the increasing demand for contactless delivery systems across supply chains.
Report Coverage
Global Drone Package Delivery research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Drone Package Delivery report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Drone Package Delivery competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Drone Package Delivery market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2023 |
| Forecast Period | 2023-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | DroneScan, Deutsche Post DHL Group, United Parcel Service of America, Inc., Zipline International Inc., Matternet Inc., Workhorse Group, PINC Solutions, Amazon.com, Inc., Flytrex Inc., Drone Delivery Canada Corp., Wingcopter GmbH, Wing Aviation LLC, FedEx Corporation |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Drone Package Delivery Market from 2021 to 2031.
- Market Forecast for Drone Package Delivery Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Drone Package Delivery competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Drone Package Delivery
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Drone Package Delivery market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Drone Package Delivery market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
DroneScan, Deutsche Post DHL Group, United Parcel Service of America, Inc., Zipline International Inc., Matternet Inc., Workhorse Group, PINC Solutions, Amazon.com, Inc., Flytrex Inc., Drone Delivery Canada Corp., Wingcopter GmbH, Wing Aviation LLC, FedEx Corporation
Primary Target Market
- Market Players of Drone Package Delivery
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Drone Package Delivery market based on the below-mentioned segments:
Global Drone Package Delivery Market, By Drone Type
Fixed wing
Rotary wing
Hybrid
Global Drone Package Delivery market, By Operation Mode
Remotely piloted
Partially autonomous
Fully autonomous
Global Drone Package Delivery Market, By End User
Logistics
Healthcare and pharmaceutical
Food and beverage
Retail and e-commerce
Others
Global Drone Package Delivery market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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