Global Drone Package Delivery Market, By Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid) Range (Short 25 km), Package Size ( 5Kg), Breakup Duration (Short Duration 30 minutes), Component (Airframe, Controller System, Propulsion System, Camera, Navigation, Battery, Others), End User (Food and Beverages, E-Commerce, Healthcare, Postal Services, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia Pacific, South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Drone Package Delivery Market
The drone package delivery market is expected to witness lucrative growth within the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 46.6% in the above-mentioned forecast period and will reach USD 11,264.3 million by 2028.
A drone package delivery is basically an autonomous unmanned aerial vehicle (UAV) which is generally used to transport medical supplies, packages, food, or other things. They are used in industries such as e-commerce, healthcare, postal services, food and beverages and others.
The factors such as increasing demand for quick and faster delivery of packages and rising amendments in regulatory frameworks have resulted in market value growth. Additionally, increasing demand for drone deliveries during COVID-19 due to high demand for contactless distribution increased, further inducing demand for the market. However, the lack of infrastructure due to their high investment cost will hamper the market growth rate.
Also, growing technological advancements generate new opportunities for the market. The concern with operational security in aerial delivery drones in civil and commercial applications, will further restrict the scope of growth for the market.
This drone package delivery market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on drone package delivery market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Drone Package Delivery Market Scope and Market Size
The drone package delivery market is segmented on the basis of solution, type, range, package size, breakup duration, component and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of solution, the drone package delivery market has been segmented into type, infrastructure, software and service.
- On the basis of type, the drone package delivery market is segmented into fixed-wing, multirotor and hybrid.
- On the basis of range, the drone package delivery market is segmented into short <25 km, Long>25 km.
- On the basis of package size, the drone package delivery market is segmented into < 2Kg, 2–5 Kg, and > 5Kg.
- On the basis of breakup duration, the drone package delivery market is segmented into short duration <30 minutes and long duration >30 minutes
- On the basis of component, the drone package delivery market is segmented into airframe, controller system, propulsion system, camera, navigation, battery and others
- On the basis of end user, the drone package delivery market is segmented into food and beverages, e-commerce, healthcare, postal services and others.
Drone Package Delivery Market Country Level Analysis
The global drone package delivery market is analyzed and market size insights and trends are provided by solution, type, range, package size, breakup duration, component and end user as referenced above.
The countries covered in the drone package delivery market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the drone package delivery market and will continue to flourish its trend of dominance during the forecast period owing to the increasing inclination of online shoppers for delivery of goods through unmanned aerial vehicles (UAVs) and the involvement of many main players in the region. Asia-Pacific region is set to witness unprecedented growth during the forecast period and will project the highest compound annual growth (CAGR) rate. This is because of the surge in the growing usage of drone package delivery in various sectors in this region.
The country section of the drone package delivery market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Drone Package Delivery Market Share Analysis
The drone package delivery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to drone package delivery market.
The major players covered in the drone package delivery market report are Edronic, DHL International GmbH, Drone Delivery Canada, Matternet Inc., FedEx, Flirtey., Boeing, United Parcel Service of America Inc., BIZZBY, DroneScan, Workhorse, Wing Aviation LLC., Airbus S.A.S., Cheetah Logistics Technology, Fli Drone among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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