Drone Package Delivery Market is expected to grow at a CAGR of 46.3% during the forecast period and market is expected to reach US$ 22.73 Billion. by 2029. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Drone Package Delivery Definition:
The drone is an aircraft without a human pilot onboard. Its flight is either controlled autonomously or by the remote control of a pilot/operator on the ground. The use of the drone for delivery is the updated and modernized method of a delivery system. It is used to simplify the delivery process using this unmanned aerial vehicle by delivering the product to multiple customers at a specified locality, hence Improving the efficiency of delivery and reduce human efforts. The one-time password is used for security enhancement of delivery.Drone Package Delivery Market Dynamics:
Robotics is the way of the future. The drone is one of the major parts of robotics. The drones are formally known as unmanned aerial vehicles. They are flying robots that can be remotely controlled or can fly automatically. Drones are used in a wide range of civilian roles like firefighting, traffic monitoring, etc and business roles like photography, videography, and even delivery services. Companies like Amazon are starting a service called Amazon Prime Air. This service is designed to safely deliver the package to the required destination within 30 minutes using drones. The improved automation in such companies results in enhancement in customer service by providing rapid package delivery. UPS, Google, and other European companies are experimenting with delivery drones. Drone delivery is becoming omnipresent as drone technology progresses. Drones can significantly accelerate delivery times and reduce the human cost associated with the delivery. Delivery drones may become widespread over the next five to ten years, particularly for what is known as the “last-mile” Drone Package Delivery of small, light items. Companies like Amazon, Google, the United Parcel Service, DHL, and Alibaba have been running high-profile experiments testing drone delivery systems, and the development of such systems reached a milestone when the first commercial drone delivery approved by the Federal Aviation Administration took place on July 17, 2015. In the future, drones could augment, or in some situations even replace, truck fleets and could have important implications for energy consumption, public safety, personal privacy, air pollution, city noise, air traffic management, road congestion, urban planning, and goods and service consumption patterns in urban areas. Although the approach is efficient, there are a few challenges to consider, which are expected to hamper the Global Drone Package Delivery Market. If the speed of the drone is more than that of the truck then the synchronous work between the two would get disturbed and the drone might have to wait, resulting in the inefficient usage of time. The capacity of drones to carry heavy loads should be increased. The battery power of drones should be improvised. Hoping that these challenges will be resolved soon, the proposed approach will be even more efficient.Drone Package Delivery Market Segment Analysis:
The report groups the Global Drone Package Delivery Market in different segments by Type, Package Size, End-Use, and Region to forecast the revenues and analyze the market share of each segment over the forecast period. Based on End Use, the Global Drone Package Delivery Market is segmented into Restaurant & Food Supply, E-commerce, Healthcare, Retail & transportation, and Others. The Healthcare segment was dominant in 2021 and is expected to command a market share of xx% by 2029. The drones are used to carry medical supplies to remote areas. These drones are called zips, it carries blood packets to the required hospital within the range of the given area. At the time of emergency, doctors use WhatsApp messenger to request medical products, which are packed in the drone and forced into the air. Using GPS navigation the drone reaches the required destination, typically within an hour of interest. The zip drones fly back home and it ready to fly again after battery charging Used to provide medical supplies to a remote and dangerous areas. Reduces traveling time, faster delivery of the product. Based on Package Type, the Global Drone Package Delivery Market is segmented into Less than 2 Kg, 2-5 Kg and Above 5 Kg. The less than 2 kg segment was dominant in 2021 and is expected to command a market share of xx% by 2029. Because of the increase in demand for lightweight retail goods and healthcare goods packages across the globe.Drone Package Delivery Market Regional Insights:
North America is expected to command the largest market share of xx% by 2029 The increasing inclination of online companies towards the delivery of goods through unmanned aerial vehicles is the main driving factor for the growth of the use of Drone Package Delivery in the region. Financial support to the drone startups in the US and Canada, because of the presence of tech companies, which are expanding their operations in the region through collaborations and partnership with these startups. The objective of the report is to present a comprehensive analysis of the Global Drone Package Delivery Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Drone Package Delivery Market dynamics, structure by analyzing the market segments and projects Global Drone Package Delivery Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Drone Package Delivery Market make the report investor’s guide.Drone Package Delivery Market Scope: Inquire before buying
Global Drone Package Delivery Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: USD 1.08 Bn. Forecast Period 2022 to 2029 CAGR: 46.3% Market Size in 2029: USD 22.73 Bn. Segments Covered: by Type • Fixed Wing • Rotary Wing by Package Size • Less Than 2 Kg • 2-5 Kg • Above 5 Kg by End Use • Restaurant & Food Supply • E-commerce • Healthcare • Retail • Others Drone Package Delivery Market, by Region
• North America • Europe • Asia-Pacific • Latin America • Middle East and AfricaDrone Package Delivery Market Key Players:
• DroneScan (South Africa) • Cheetah Drone Package Delivery Technology (US) • Flytrex (Israel) • Flirtey (US) • Matternet, Inc. (US) • Boeing (US) • Amazon Inc. (US) • Wing Aviation LLC (US) • Workhorse Group Inc. (US) • Drone Delivery Canada Corp. (Canada) • Zipline (US) • DHL International GmbH (Germany) • United Parcel Service of America, Inc. (US) • FedEx (US) Frequently Asked Questions: 1. Which region has the largest share in Global Drone Package Delivery Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Drone Package Delivery Market? Ans: The Global Drone Package Delivery Market is growing at a CAGR of 46.3% during forecasting period 2022-2029. 3. What is scope of the Global Drone Package Delivery market report? Ans: Global Drone Package Delivery Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Drone Package Delivery market? Ans: The important key players in the Global Drone Package Delivery Market are – DroneScan (South Africa), Cheetah Drone Package Delivery Technology (US), Flytrex (Israel), Flirtey (US), Matternet, Inc. (US), Boeing (US), Amazon Inc. (US), Wing Aviation LLC (US), Workhorse Group Inc. (US), Drone Delivery Canada Corp. (Canada), Zipline (US), DHL International GmbH (Germany), United Parcel Service of America, Inc. (US), and FedEx (US). 5. What is the study period of this market? Ans: The Global Drone Package Delivery Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Drone Package Delivery Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Drone Package Delivery Market 3.4. Geographical Snapshot of the Drone Package Delivery Market, By Manufacturer share 4. Global Drone Package Delivery Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Drone Package Delivery Market 5. Supply Side and Demand Side Indicators 6. Global Drone Package Delivery Market Analysis and Forecast, 2021-2029 6.1. Global Drone Package Delivery Market Size & Y-o-Y Growth Analysis. 7. Global Drone Package Delivery Market Analysis and Forecasts, 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 7.1.1. Fixed Wing 7.1.2. Rotary Wing 7.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 7.2.1. Less Than 2 Kg 7.2.2. 2-5 Kg 7.2.3. Above 5 Kg 7.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 7.3.1. Restaurant & Food Supply 7.3.2. E-commerce 7.3.3. Healthcare 7.3.4. Retail 7.3.5. Others019-2026 8. Global Drone Package Delivery Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Drone Package Delivery Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 9.1.1. Fixed Wing 9.1.2. Rotary Wing 9.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 9.2.1. Less Than 2 Kg 9.2.2. 2-5 Kg 9.2.3. Above 5 Kg 9.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 9.3.1. Restaurant & Food Supply 9.3.2. E-commerce 9.3.3. Healthcare 9.3.4. Retail 9.3.5. Others 10. Others North America Drone Package Delivery Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Drone Package Delivery Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 11.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 12. Canada Drone Package Delivery Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 12.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 13. Mexico Drone Package Delivery Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 13.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 14. Europe Drone Package Delivery Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 14.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 15. Europe Drone Package Delivery Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Drone Package Delivery Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 16.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 17. France Drone Package Delivery Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 17.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 18. Germany Drone Package Delivery Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 18.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 19. Italy Drone Package Delivery Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 19.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 20. Spain Drone Package Delivery Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 20.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 21. Sweden Drone Package Delivery Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 21.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 22. CIS Countries Drone Package Delivery Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 22.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 23. Rest of Europe Drone Package Delivery Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 23.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 24. Asia Pacific Drone Package Delivery Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 24.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 25. Asia Pacific Drone Package Delivery Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Drone Package Delivery Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 26.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 27. India Drone Package Delivery Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 27.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 28. Japan Drone Package Delivery Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 28.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 29. South Korea Drone Package Delivery Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 29.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 30. Australia Drone Package Delivery Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 30.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 31. ASEAN Drone Package Delivery Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 31.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 32. Rest of Asia Pacific Drone Package Delivery Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 32.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 33. Middle East Africa Drone Package Delivery Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 33.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 34. Middle East Africa Drone Package Delivery Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Drone Package Delivery Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 35.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 36. GCC Countries Drone Package Delivery Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 36.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 37. Egypt Drone Package Delivery Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 37.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 38. Nigeria Drone Package Delivery Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 38.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 39. Rest of ME&A Drone Package Delivery Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 39.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 40. South America Drone Package Delivery Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 40.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 41. South America Drone Package Delivery Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Drone Package Delivery Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 42.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 43. Argentina Drone Package Delivery Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 43.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 44. Rest of South America Drone Package Delivery Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Package Size, 2021-2029 44.3. Market Size (Value) Estimates & Forecast By End Use, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Drone Package Delivery Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. DroneScan (South Africa) 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Cheetah Drone Package Delivery Technology (US) 45.3.3. Flytrex (Israel) 45.3.4. Flirtey (US) 45.3.5. Matternet, Inc. (US) 45.3.6. Boeing (US) 45.3.7. Amazon Inc. (US) 45.3.8. Wing Aviation LLC (US) 45.3.9. Workhorse Group Inc. (US) 45.3.10. Drone Delivery Canada Corp. (Canada) 45.3.11. Zipline (US) 45.3.12. DHL International GmbH (Germany) 45.3.13. United Parcel Service of America, Inc. (US) 45.3.14. FedEx (US) 46. Primary Key Insights