DUBLIN--(BUSINESS WIRE)--Apr 1, 2021--

The introduction of drones in the delivery service market has rapidly transformed the process of deliveries, further leading to a change in consumer behavior. Drones or autonomous unmanned aerial vehicles (UAVs) are a popular option for last-mile deliveries, essentially parcels for remote or rural areas with less population density. Since it is expected that instant or same-day delivery will grow in the next ten years, door-to-door delivery has been a major area of research by several firms such as Google, DHL, UPS, and Amazon. Some of these companies have been testing drone delivery services since 2005 and are expected to launch their services by 2023.

The global drone delivery market is expected to witness substantial growth over the forecast period 2023-2030. The drone delivery service market is majorly growing due to the increasing demand for instant deliveries, especially in the case of medical supplies and food essentials. Drone regulations and rapid advancements in technologies related to UAVs are also playing an important role in market growth. The growing need for healthcare deliveries such as blood samples and medicines, especially in remote areas or during any global epidemic, is also one of the major reasons behind the expected drift from traditional package delivery system to drone delivery services.

The report is a compilation of various segmentations, including market breakdown by application, by range, by drone type, and by package size. The report is based on discussions and interviews with the top management of several leading high throughput equipment manufacturers, tier 1 suppliers, and solution providers.

The global drone delivery market is not expected to play out the same way for every region, so this report segments the market accordingly and breaks down the industry geographically as follows: North America, Europe, Asia-Pacific, and Rest-of-the-World.

Scope of the Report

The report constitutes an extensive study of the drone delivery market. It focuses largely on providing market information for drone delivery by covering different segments, by application, by range, by drone type, and by package size, and by region. In addition to this, the study focuses on the major driving forces, challenges, and growth opportunities for the market.

The major players have been identified on the basis of their revenue generation, geographical presence, and company developments. Details of company profiles have been included in order to understand the strategic behaviors of the market players. The drone delivery market is further explained and analyzed based on region, which has been categorized into North America, Europe, Asia-Pacific, and Rest-of-the-World. Regional developments of the manufacturers and developments by governments is one of the factors based on which the growth rates of the countries have been calculated.

Key Questions Answered in this Report:

  • What are the major drivers, challenges, and opportunities behind the demand for the global Drone Delivery market during the forecast period, 2023-2030?
  • How has COVID-19 affected the growth of the global Drone Delivery market?
  • Who are the key players in the global Drone Delivery market, and what is the competitive benchmarking?
  • What are the new strategies being adopted by the existing market players to make a mark in the industry?
  • How is each segment of the global Drone Delivery market expected to grow during the forecast period, and what is the revenue anticipated to be generated by each of the segments by the end of 2030?
  • What are the trends in the global Drone Delivery market across different regions? What is the global estimated revenue generated 2030?
  • Which region is expected to contribute the most to the global Drone Delivery market during the forecast period?

Market Dynamics

Drivers

  • Increase in Demand for Faster Delivery
  • Increasing Need for Contactless Deliveries for Safety Purposes
  • Increasing Demand for Drone Delivery in Remote Locations
  • Growing Awareness for Sustainable and Environment-Friendly Mode of Delivery
  • Amendments in the Regulatory Framework for Drone Delivery Across the Globe

Challenges

  • Congested Airspace in Urban Areas and Inherent Risks
  • Limited Battery Life of Aerial Delivery Drone
  • Concerns relating to Privacy, Security, and Safety of the Drones
  • Lack of Infrastructure for Drone Delivery Operations

Opportunities

  • Advancements in Drone Technologies
  • Drone Delivery Opening Up the New Market for Drone Management Industry
  • Advancements to Accelerate the Development of Autonomous Aerial Last-Mile Delivery Ecosystem
  • Integrating Robust Safety Solutions to Enhance Reliable Drone Delivery Operations

Companies Mentioned

  • AirBox Technologies
  • Airbus S.A.S.
  • Amazon.com, Inc.
  • BLKTATU
  • Boeing
  • DHL International GmbH
  • Drone Delivery Canada Corp.
  • DRONEDEK
  • FedEx Corporation
  • Flirtey, Inc.
  • FLYTREX
  • IDU GROUP
  • Matternet Inc.
  • United Parcel Service of America, Inc.
  • Valqari
  • Wing Aviation LLC
  • Zipline

F or more information about this report visit https://www.researchandmarkets.com/r/35lvby

Laura Wood, Senior Press Manager

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SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 04/01/2021 08:11 AM/DISC: 04/01/2021 08:11 AM

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