Drone Package Delivery Market Size Worth USD 18.65 Billion in 2028, Market Trends – Advancements in technology

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The global drone package delivery market size is expected to reach USD 18.65 Billion in 2028, and register a CAGR of 54.5% during the forecast period.

The global drone package delivery market size is expected to reach USD 18.65 Billion at a steady CAGR of 54.5% in 2028, according to latest analysis by Emergen Research. Steady global drone package delivery market revenue growth can be attributed to growing need for faster and secure delivery, especially for retail supplies. Drone package delivery is garnering significant traction due to rapid growth of the e-commerce industry and shifting consumer focus and demand for timelier parcel and package delivery. Reducing the time to deliver packaged goods from warehouse to doorstep of consumers or locations specified by consumers is the primary objective behind adoption of drone delivery by e-commerce firms. For instance, according to Amazon, the key reason behind its Prime Air service is to deliver parcels to customers using drones within 30 minutes from time of order being placed.

The report provides comprehensive details about the market with respect to overall revenue, sales and consumption, pricing trends, gross margins, growth rate, and market size. Additionally, the report also covers details of the company, such as sales and distribution area, product portfolios, specifications, and others.

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drone package delivery market Solution Insight:

Short range package delivery drones are witnessing substantial increase in demand as companies, including Amazon, Walmart, and Wing, are undertaking trials for short range drone package delivery. Also, rising demand for contactless delivery amid the COVID-19 pandemic is spurring demand for short range delivery drones. Moreover, growing focus by e-commerce companies and food delivery service providers, such as Uber Eats and Zomato, for last-mile delivery via drones is driving demand for short range drones.

Drone package delivery market in North America accounted for largest revenue share in 2020, attributed to rising adoption of advanced technologies in the retail (including e-commerce) and healthcare sectors. In addition, increasing defense budget and presence of leading drone manufacturing companies in the region is driving market growth.

Key players in the market include FedEx Corporation, Workhorse Group Inc., Amazon, The Boeing Company, Zipline, Skycart Inc., Matternet Inc., Deutsche Post DHL Group, Fli Drone, and EHang.

 Key Questions Answered in the Report:

  • What will be the estimated growth rate of the Drone Package Delivery market by 2028?
  • Who are the prominent distributors, vendors, and manufacturers of the market?
  • What are the driving and restraining factors of the growth of the Drone Package Delivery market throughout the forecast period?
  • What are the current and future market trends of the Drone Package Delivery market?
  • What are the sales and price analysis of the product by types, applications, and regions?
  • What are the expected opportunities for the companies and new entrants in the coming years?

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Emergen Research has segmented the global drone package delivery market on the basis of drone type, range, package weight, duration of flight, application, and region:

  • Drone Type Outlook (Revenue, USD Million; 2018–2028)
    • Fixed Wing
    • Rotary Wing
    • Hybrid
  • Range Outlook (Revenue, USD Million; 2018–2028)
    • Long Range (above 25 Km)
    • Short Range (less than 25 Km)
  • Package Weight Outlook (Revenue, USD Million; 2018–2028)
    • Less than 2 Kg
    • 2 Kg to 5 Kg
    • Above 5 Kg
  • Duration of Flight Outlook (Revenue, USD Million; 2018–2028)
    • Less than 30 Minutes
    • Over 30 Minutes
  • Application Outlook (Revenue, USD Million; 2018–2028)
    • Retail & E-Commerce
    • Food Delivery
    • Medical
    • Logistics
    • Agriculture
    • Military
    • Others

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Drone Package Delivery industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Drone Package Delivery Market Segmentation & Impact Analysis

    4.1. Drone Package Delivery Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers’ analysis

                    4.2.2.1. Growing need for faster and safer delivery

                    4.2.2.2. Advancement in technology

                    4.2.2.3. Rising demand for curbing carbon emissions

                    4.2.2.4. Increasing need for contactless deliveries

          4.2.3. Market restraints analysis

                    4.2.3.1. Strict legislative regulations associated with air traffic management

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Drone Package Delivery Market By Drone Type Insights & Trends, Revenue (USD Million)

    5.1. Drone Type Dynamics & Market Share, 2021 & 2028

          5.1.1. Fixed Wing

          5.1.2. Rotary Wing

          5.1.3. Hybrid

Chapter 6. Drone Package Delivery Market By Range Insights & Trends, Revenue (USD Million)

    6.1. Range Dynamics & Market Share, 2021 & 2028

          6.1.1. Long Range (above 25 Km)

          6.1.2. Short Range (less than 25 Km)

Chapter 7. Drone Package Delivery Market By Package Weight Insights & Trends, Revenue (USD Million)

    7.1. Package Weight Dynamics & Market Share, 2021 & 2028

          7.1.1. Less than 2 Kg

          7.1.2. 2 Kg to 5 Kg

          7.1.3. Above 5 Kg

CONTINUE…!

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