Dublin, April 19, 2023 (GLOBE NEWSWIRE) — The “Drone Package Delivery Global Market Report 2023” report has been added to ResearchAndMarkets.com’s offering.
This reportprovides strategists, marketers and senior management with the critical information they need to assess the market.
The global drone package delivery market grew from $1.46 billion in 2022 to $2.10 billion in 2023 at a compound annual growth rate (CAGR) of 43.9%. The drone package delivery market is expected to grow to $9.21 billion in 2027 at a CAGR of 44.7%.
Major players in the drone package delivery market are Amazon.com, Inc., United Parcel Service of America, Inc., Zipline, FedEx, DHL International GmbH, Boeing, Matternet, Inc., Flirtey, Drone Delivery Canada Corp., Flytrex.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Drone package delivery refers to the services that deliver packages through drones. Delivery drones are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages. Delivery drones are functioned independently or remotely, with controllers theoretically monitoring several drones at one time.
The drone package delivery market covered in the report is segmented by drone type into fixed wing, rotor drone, hybrid drones, by range into short < 25 kilometers, long >25 kilometers, by package size into < 2 kilograms, 2 – 5 kilograms, > 5 kilograms, by application into e-commerce, quick service restaurant, convenience stores, healthcare, others.
The drone package delivery market research report is one of a series of new reports that provides drone package delivery market statistics, including drone package delivery industry global market size, regional shares, competitors with a drone package delivery market share, detailed drone package delivery market segments, market trends and opportunities, and any further data you may need to thrive in the drone package delivery industry. This drone package delivery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The high cost of drone deliveries is expected to impede the growth of the drone package delivery market over the coming years. Delivery drones or unmanned aerial vehicles are unmanned aircraft delivering items to a specified location. Drones are costly because of all the modern technologies that need to enable them to fly longer, be safer, and avoid hurdles.
United parcel service (UPS) charges its customers $12.92 to ship a parcel through drones, but the real average price of shipping one product along a path they are already delivering is likely to be nearer to $2. Therefore, the high cost of drone deliveries is expected to hamper the growth of the drone package delivery market.
The growing technological advancements are a key trend gaining popularity in the drone package delivery market. Over the last several years, drones have become extremely prevalent as many individuals and organizations completely accept and incorporate this technology into their business model.
For instance, in May 2022, Skyway, an air traffic navigation provider partnered with Zing Drone Delivery, tested their first-ever food product delivery by drone. Zing’s advanced delivery systems were used in cooperation with strategic partners to bring its services to the area.
North America was the largest region in the drone package delivery market in 2022. The regions covered in the drone package delivery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
The countries covered in the drone package delivery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.
The increasing demand for drone deliveries during COVID-19 is expected to propel the growth of the drone package delivery market in the coming years. During the COVID-19 period, contactless distribution increased, and drones played a crucial role in ensuring that companies and clients communicated as little as needed.
The drone package delivery market includes revenues earned by entities by providing services such as on-demand drone delivery, and cargo delivery services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 – 2027 |
| Estimated Market Value (USD) in 2023 | $2.1 billion |
| Forecasted Market Value (USD) by 2027 | $9.21 billion |
| Compound Annual Growth Rate | 44.7% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Drone Package Delivery Market Characteristics
3. Drone Package Delivery Market Trends And Strategies
4. Drone Package Delivery Market – Macro Economic Scenario
4.1. COVID-19 Impact On Drone Package Delivery Market
4.2. Ukraine-Russia War Impact On Drone Package Delivery Market
4.3. Impact Of High Inflation On Drone Package Delivery Market
5. Drone Package Delivery Market Size And Growth
5.1. Global Drone Package Delivery Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Drone Package Delivery Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Drone Package Delivery Market Segmentation
6.1. Global Drone Package Delivery Market, Segmentation By Drone Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Fixed Wing
- Rotor Drone
- Hybrid Drones
6.2. Global Drone Package Delivery Market, Segmentation By Range, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Short < 25 Kilometers
- Long >25 Kilometers
6.3. Global Drone Package Delivery Market, Segmentation By Package Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
< 2 Kilograms
2 – 5 Kilograms
> 5 Kilograms
6.4. Global Drone Package Delivery Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- E-Commerce
- Quick Service Restaurant
- Convenience Stores
- Healthcare
- Other Applications
7. Drone Package Delivery Market Regional And Country Analysis
7.1. Global Drone Package Delivery Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Drone Package Delivery Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/1anal2
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
