Market Research Future Insights
Delivery Drone Market is anticipated to rise at a 49% CAGR and estimated to be worth USD 7168 Million by the end of 2030.
Scope of the Report
This study provides an overview of the global delivery drone market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global delivery drone market by type, component, application, capacity, and region.
Delivery Unmanned aircraft vehicles known as drones are placed to convey cargo. Fixed- wing, rotor, and hybrid drones are the three different kinds of these drones that are popular. These drones are growing in rapidly because they reduce time and deliver packages on schedule. Drones are now used by logistics and cargo transportation businesses to carry goods to remote locations. Drones are capable for various delivery alternatives due to their vertical takeoff and landing capabilities and high flight speeds. Several countries are relaxing regulations to permit drones to operate in their airspace in response to the increasing demand for drone delivery services on a universal scale.
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Over the past three years, there have been over 16000 commercial drone deliveries to customers, not including the innumerous test flights to develop and prove the technology and further than 8000 drone deliveries are occurring each day worldwide. The growth rate is increasing every week, and we anticipate that there will be close to 1.5 million deliveries in 2022 as a whole, up from just less than half a million in 2021.
The airframe component is driving the growth of the global Delivery Drone Market due to the increasing research and developmental activities by different companies with enhanced features, reduced size, and high durability.
The Global Delivery Drone Market key players are FedEx (US), Flirtey (US), Amazon (US), DJI (China), EHANG (China), COM (China), Skycatch, Inc. (US), Airbus SAS (Netherlands), Google (US), Uber Technologies Inc. (US), Zomato (India), Alibaba (China), United Parcel Service of America Inc. (US), Zipline (US), Deutsche Post AG (Germany).
The Global Delivery Drone Market is segmented based on following;
• By Type- Rotary- wing and Fixed- wing
• By Applications- Convenience Stores, Healthcare, E-commerce, Quick Service Restaurant and Others
• By Capacity-> 10 kg and< 10 kg
• By Components- Propulsion System, Airframe, Controller System, Battery, Camera, Navigation and Others
• By End-Users- Retail, Logistics, Food & Beverages, Healthcare and Others
The Global Delivery Drone Market is segmented into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.North America arose as the largest market for the global drone package delivery market, with a market stake of around 39.6% and 84.3 million of the market revenue in 2021.
The North American region is anticipated to avouch substantial growth and register the highest CAGR during the predicting period. Rules regarding drone flights in the US have been liberal, paving the way for legal use of drones for delivery in the country’s civil & commercial airspace. The drone package delivery market in the region has been developing due to the presence of prominent manufacturers. Likewise, the rising adoption of drone package delivery by thee-commerce sector propelled the market’s growth in the region.The market in Asia Pacific is anticipated to exhibit highest market stake due to the increasing demand for online shopping among the huge population.