Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid), Range (Short < 25 Km, Long>25 Km), Package Size, Duration, End Use, Operation Mode, Region (2022-2030)

2022-05-10
Price :
Published : May-2022
No. of Pages : 308

The drone package delivery market is projected to grow from USD 228 million in 2022 to USD 5,556 million by 2030, at a CAGR of 49.0% from 2022 to 2030. Increasing private investments in drones and Increase in e-commerce sales and demand for contactless delivery post-pandemic are some of the factors fueling the growth of the market.

During the COVID-19 pandemic, various countries have realized the potential of drone technologies and have provided relaxation in terms of their regulation. In addition, the hardware, technology, and services being cost-efficient and easy to access compared to traditional methods have led to the emergence of drone startups and drone delivery service providers in the aviation industry.

Based on operation mode, the partial autonomous segment is projected to lead the drone package delivery market during the forecast period.

Based on operation mode,the drone package delivery market has been segmented into remotely piloted, partially autonomous, and fully autonomous. With the success of remotely piloted drones, the industry started moving to partially autonomous drones wherein the pilot controls only critical operations. All the functions and working are similar to that of an autonomous drone, but during the flight, it will be under constant or periodic observation by an operator at the ground station. In December 2021, in Palghar (Maharashtra), India, a batch of 300 vaccines was transported from Jawhar to Zaap village, a remote village situated in rugged terrain. The task, which would have otherwise taken more than 40 minutes, was completed in just a little over nine minutes. The delivery was done using an autonomous drone, but an operator was periodically monitoring the drone during its flight in the rugged terrain.

Based on duration, the short duration segment is projected to lead the drone package delivery market during the forecast period.

Based on duration, the drone package delivery market has been segmented into short duration (30 minutes).Duration refers to the time taken by drones to deliver packages to customers. According to Flexport, Inc., ecommerce giants such as Amazon.com, Inc. are anticipated to charge a higher service price for drone deliveries within 30 minutes than that for more than 30 minutes. Major delivery drone OEMs, such as Boeing (US) and Wingcopter (Germany), are focusing on the development of drones that can operate for more than 30 minutes on a single charge. Demand for instant delivery of intercity packages is anticipated to drive the growth of the long duration (>30 minutes) segment.

The North American and Asia Pacific regions are projected to be high growth potential markets for the drone package delivery during the forecast period.

The drone package delivery market in the North American region is expected to witness substantial growth and register the highest CAGR during the forecast 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. Many US companies are working to commercialize drone package delivery for food items, pharmaceutical products, logistics, and retail applications. Google-parent Alphabet’s Wing is a drone delivery service in partnership with FedEx (US) and Walgreens (US). It delivers select FedEx packages as well as health and wellness products, like over-the-counter medicines, from Walgreens. Wing’s drones deliver packages that weigh between two and three pounds right to customers’ doorsteps while taking advantage of Wing’s ability to improve speed and cut costs

The market in Asia Pacific is expected to exhibit highest market share due to the increasing demand for online shopping among the huge population. Major players such as JD.com and Alibaba are investing heavily in this space. Over the past two years, Meituan, one of China’s largest internet companies, has flown 19,000 meals to 8,000 customers across Shenzhen, a city with close to 20 million people.

The break-up of the profiles of primary participants in the drone package delivery market is as follows:

  • By Company Type: Tier 1–35%; Tier 2–45%; and Tier 3–20%
  • By Designation: CLevel Executives–35%; Directors–25%;and Others–40%
  • By Region: North America–42%; Europe–18%; AsiaPacific–21%;and Rest of the World­–19%

Major players in the drone package delivery market are Alphabet Inc. (US), DHL International GmbH (Germany), Zipline (US), United Parcel Service of America, Inc. (US), FedEx (US), Matternet Inc., (US), Airbus S.A.S. (Netherlands) EHang (China), and The Boeing Company (US). These companies have strong distribution networks in the logistics business across North America, Europe, Asia Pacific and other regions in turn driving the demand for last mile deliveries and drone package deliveries.

Research Coverage

This research report categorizes the drone package delivery market on the basis of solution (platform, software, infrastructure, and service), type (fixed-wing, multirotor, and hybrid), range (short range (25 kilometers), package size (5 kilograms), duration short duration (30 minutes), and end-use (food delivery, retail goods delivery, postal delivery, medical aids delivery, precision agriculture delivery, industrial delivery, weapon & ammunition delivery, and maritime delivery).operation mode, remotely piloted, partially autonomous, and fully autonomous.These segments have been mapped across major regions, namely, North America, Europe, Asia Pacific, Middle East,Latin America, and Africa.

The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the drone package delivery market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches associated with the drone package delivery market. Competitive analysis of upcoming startups in the drone package delivery market ecosystem is covered in this report.

Reasons to Buy this Report

This report is expected to help market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall drone package delivery market and its segments. This study is also expected to provide region wise information about the end-use industrial sectors, wherein drone package delivery is used. This report aims at helping the stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. This report is also expected to help them understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities influencing the growth of the market.

The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on drone package delivery offered by the top players in the market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the drone package delivery market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the drone package delivery market across varied regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the drone package delivery market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the drone package delivery market
Filed in: Automotive
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Automotive Ambient Lighting Market by IC & Electric Vehicle (BEV, FCEV, PHEV), Application (Footwell, Door, Dashboard, Center Console), Passenger Car (C, D, E & F), Aftermarket (Country & Application (Interior & Exterior)) – Global Forecast to 2027

“Increased penetration of ambient lighting in low-mid segment cars to upsurge the automotive ambient lighting market” The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The key factors driving the market growth include increasing penetration of ambient lighting in low to mid-segment vehicles, inclination toward luxury, and increasing vehicle production. The improving economic condition of developing regions such as Asia Oceania has boosted the market for premium vehicles, which are equipped with ambient lighting. “The foot well segment for automotive ambient lighting segment is expected to hold a dominant share throughout the forecast period as most of OEMs of......
$4950

Diesel Exhaust Fluid Market by Component (SCR Catalysts, DEF Tanks, Injectors, Supply Modules, Sensors), OHV Market by Application, Aftermarket by Vehicle Type, Supply Mode (Cans, IBCs, Bulk & Pumps), End Use Market and Region – Global Forecast to 2027

“Stringent emission regulations are leading to the increased penetration of diesel SCR vehicles.” The global diesel exhaust fluid aftermarket forecasted to reach USD 50.0 billion by 2027 from USD 34.4 billion in 2020, at a CAGR of 7.8%. Governments around the globe have updated and improved their emission standards by introducing new legislation for the automotive industry to comply to. Western regions, such as the North American and European region, have introduced new regulations like the Clear Air Act of the Us which has stricter standards and wider scope for emissions. In the Asian region countries like China and India have introduced swift regulation to counter rising air pollution. The introduction of such regulations, norms and standards will drive the demand for DEF acros......
$4950

Industrial Vehicles Market in terms of Vehicle Type, Drive Type (ICE, Battery-operated, Gas-powered), Application, Capacity, Level of Autonomy, Aerial Work Platform (Boom Lifts, Scissor Lifts) and Region – Global Forecast to 2027

“Increasing growth of e-commerce sector, rising demand for automation solutions in material handling processes across industries and increasing focus on improving workplace safety are expected to fuel the demand in industrial vehicles market.” The global industrial vehicles market is projected to grow from USD 43.7 billion in 2022 to USD 54.3 billion by 2027, at a CAGR of 4.5%. Parameters such as increasing growth of e-commerce sector, along with the increasing demand for autonomous solutions in material handling across end-use industries will boost the demand for the industrial vehicles. In addition, the growing adoption of battery-operated industrial vehicles, paired with               the advent of smart factories in the manufacturing sector will create new opportun......
$4950

Military Battery Market by Type (Rechargeable, Non-rechargeable), Installation (OEM, Aftermarket), Application (Propulsion, Non-propulsion), Platform (Ground, Airborne, Marine), Composition, Voltage, Power Density and Region – Global Forecast to 2027

“The demand for ground vehicles and UAVs  the key factor influencing the growth of the military battery market.” The military battery market is projected to grow from USD 1.3 billion in 2022 to USD 1.6 billion by 2027, at a CAGR of 4.1% from 2022 to 2027. The market is driven by rising need for ground vehicles and UAVs  in military applications. However, the market's growth is limited by the regulations on lithium batteries to foresee the market growth. The COVID-19 outbreak has had an impact on the military battery supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at military battery vehicle research and development centres. As a result of the Asia Pacific lockdown, many businesses in the military battery industry have l......
$4950

Electric Commercial Vehicle Market by Propulsion, Vehicle Type, Range, Battery Type, Length of Bus, Power Output, Battery Capacity, Component, Autonomous Vehicle, End User, Truck Payload Capacity and Region – Global Forecast 2030

“The growth of the electric commercial vehicle market can be attributed to the increasing demand for low emission public commuting, increasing fuel prices, and government support for use of zero emission vehicles across the globe.” The global electric commercial vehicle market size is projected to grow from 353 thousand units in 2022 to 3,144 thousand units by 2030, at a CAGR of 31.4%.Governments are supporting EV’s through subsidies & tax rebates for using low emission vehicles and working in collaboration with top automobile manufacturers to speed up growth of their countries. Increased demand for efficient and low emission vehicles along with government support amid the rising prices of petroleum will boost the electric commercial vehicle market. Consumers from developin......
$

Train Battery Market by Type & Technology (Lead Acid-Gel Tubular, VRLA, Conventional; Ni-Cd-Sinter, Fiber, Pocket, & Li-Ion), Advanced Train (Autonomous, Hybrid, Fully Battery-Operated), Rolling Stock Type, Application and Region – Global Forecast to 2030

“Rapid increase in urbanization and government initiatives for rail network expansion is the significant factor for the growth of the train battery market globally” The global train battery market size is projected to reach USD 758 million by 2030, from an estimated value of USD 518 million in 2022, at a CAGR of 4.9%. The growth is influenced by factors such as rapid urbanization and growth in rail expansion spending. Along with these factors, the swiftness of rail travel and low operational cost compared to other modes of transport are driving governments all over the globe to invest in urban rail infrastructure. The expansion of the rail network is expected to lead to the demand for energy storage systems and hence is expected to propel the demand for train batteries during the......
$4950

Automated Test Equipment Market by Components, Type, Vertical (Semiconductor Fabrication, Automotive and Transportation, Medical, Aerospace and Defense, Consumer Electronics), and Geography (North America, Europe, APAC, RoW) (2022-2027)

The automated test equipment market is expected to grow from USD7.0 billion in 2022 to USD 8.8 billion by 2027; it is expected to grow at a CAGR of 4.7% during the forecast period. The major driving factors for the growth of the automated test equipment market include the growing advancement in automotive vertical. Mass Interconnects to have significant market size of automated test equipment market during the forecast period The mass interconnect systems used in ATEs play the role of a connecting interface between the test instruments and the DUT. The test instruments include PCI eXtension for instruments (PXI), VME eXtension for instruments (VXI), LAN eXtension for instruments (LXI), general-purpose interface bus (GPIB), signal conditioning extensions for instruments (SCXI), and pe......
$4950

Urban Air Mobility Market by Component (Infrastructure, Platform), Platform Operation (Piloted, Autonomous), Range (Intercity, Intracity), Platform Architecture, Unmanned Platform Systems, End User and Region (2022-2030)

“The demand for increased efficiency in commercial operations is the key factor influencing the growth of the Urban Air Mobility (UAM) market.” The urban air mobility market is projected to grow from USD 2.6 billion in 2020 to USD 28.3 billion by 2030, at a CAGR of 34.3% from 2025 to 2030. The market is driven by rising need for increased efficiency, human safety, and investment activities. However, the market's growth is limited by the inadequate reliability of UAM aircraft's during transportation and the inability to foresee the market growth. The COVID-19 outbreak has had an impact on the UAM supply chain. The spread of COVID-19 in the United States and Europe is expected to be slowed by lockdowns at UAM vehicle research and development centres. As a result of the Asia Pacific......
$4950

Robotic Vision Market by Type (2D Vision Systems, 3D Vision Systems), Component (Cameras, Lighting, Optics, Processors & Controllers, Frame Grabbers, Deep Learning Software), Deployment (Robotic Guidance Systems, Robotic Cells) (2022-2027)

“Robotic vision market to grow at a CAGR of 9.6% from 2022 to 2027” The robotic vision market size is expected to grow from USD 2.4 billion in 2022 to USD 3.8 billion by 2027; it is expected to grow at a CAGR of 9.6% from 2022 to 2027. The key factors driving the growth of the robotic vision market are increasing adoption of 3D robotic vision systems in industrial robotics and rising demand for quality and safety products in industrial sector. “3D vision systems is expected to grow at higher rate from 2022 to 2027” A 3D vision system is highly repeatable and can avoid errors arising from deviations in object location, orientation, and presentation to the vision camera. They have the capability of picking parts that have variable surface conditions, such as bin picking, obj......
$4950

Electric Scooter and Motorcycle Market by Vehicle (E-Scooters/Mopeds & E-Motorcycles), Battery (Lead Acid & Li-Ion), Distance, Voltage (36V, 48V, 60V, 72V, Above 72V), Technology, Usage(Private, Commercial), Vehicle Class & Region – Global Forecast to 2027

“The growth of the electric scooter and motorcycle market can be attributed to the increasing demand for efficient and emission-free commuting across the globe.” The global electric scooter and motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Favorable Government policies for electric two-wheelers through subsidies & tax rebates and development towards charging infrastructure together with OEMs, would support growth of electric scooter and electric motorcycyle market in near future. Consumers from emerging countries are already affected by the increased cost of petrol. Electrical two-wheelers operating on electricity will reduce the operating cost of these vehicles. These two-wheelers are more ef......
$4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy