Delivery Drone Market, by Drone Type (Rotary-Wing, Fixed-Wing), by Application (E-Commerce, Quick Se

Published Date: | Report Code : AD209989

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Delivery Drone Market, by Drone Type (Rotary-Wing, Fixed-Wing), by Application (E-Commerce, Quick Service Restaurant, Convenience Stores, Healthcare, and Others), by End Users (Food & Beverages, Healthcare, Retail & Logistics, and Others), and by Region (North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and the Rest of the World) – Market Size & Forecasting (2020-2028)

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Report Code : AD209989

Status : Published

The global delivery drone market size was valued USD 28.45 billion by 2028 and is anticipated to grow at a CAGR of 40.12% during the forecast period. The delivery drone is an autonomous vehicle referred as unmanned aerial vehicle which is designed for transporting packages, food, or other goods. Surge in the application of delivery drones for transportation of commercial factors are the factors that will propel the global delivery drone market during the forecast period. Increasing demand and necessity for delivering good faster is supporting the demand of delivery drone across the globe. Furthermore, lack of skilled experts and high maintenance cost are some of the major constraints of Delivery Drone market growth. Increasing R&D investments and activities by various companies is supporting the growth and development of Delivery Drone market.  Increasing popularity of drones amongst the E-commerce companies is anticipated to boost the growth of Delivery Drone market. Therefore, the Delivery Drone market is expected to increase soon owing to its high technological advancements.

Key Factors Impacting the Growth of Delivery Drone Market:

  • Technological advancements
  • Stringent government regulations and logistics challenges.
  • Unavailability of high expertise and proper knowledge to maneuver delivery drones.

The industry professionals are looking forward to increase the application of delivery drone in the industries. The delivery drone market is currently witnessing high growth due to an increase in the demand for faster delivery services. The delivery drone market segmentation is based on drone type, application, end users, and region.

Drone Type Outlook:

The drone type for the generation of revenues in the global delivery drone market is rotary-wing, fixed-wing. The rotary-wing segment is predicted to account for the largest share in the delivery drone market as it is most suited for commercial applications. The rotary-wing delivery drone offers high speed and heavy load carrying capacity, easy to use and operate, high vertical takeoff and landing are the factors expected to increase the demand for rotary-wing delivery drone in the market during the forecast period.

Application Outlook:

Based on application, the delivery drone market is classified into e-commerce, quick service restaurant, convenience stores, healthcare, and others. The e-commerce segment dominated the application of delivery drone market in 2019 and is foreseen to dominate during the forecasted years. Growing consumer preference for online shopping, easy to check and right time delivery, rising discount offers on online website, increase in availability of various products further rises the demand for delivery drone in e-commerce applications. 

End-Users Outlook:

Based on end users, the delivery drone market has been segmented into food & beverages, healthcare, retail & logistics, propellers, and others. In 2019, the food & beverages category dominated the end users segment by accounting the largest market share in the delivery drone market and is anticipated to dominate during the forecasted years.

Regional Outlook:

Based on the region, the global delivery drone market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. In terms of revenue, North America holds a dominant position in the global delivery drone market. The region's dominance is attributable to highest growth in this region owing to the large number of players in this region. Furthermore, Asia Pacific is estimated to grow at the fastest growth rate in the global delivery drone market during the forecast period. This growth can be accredited to several factors such as increase applications and high production of delivery drones for commercial sector. Moreover, the development and increase in focus towards adoption of delivery drone in the e-commerce and package delivery companies are expected to further enhance the market size in Asia-Pacific during the forecast period.The report analyzes factors affecting the delivery drone market from both demand and supply side and further analyses market dynamics affecting the market during the forecast year such as driver, restrain, opportunities and future trends. The report also provides comprehensive Porter’s model analysis on the delivery drone market for all six regions namely; North America, Western Europe, Eastern Europe, Asia Pacific, Middle East and the Rest of the world.

Competitive Landscape

The delivery drone is a consolidated market comprising moderately small players. Key market players are involved in offering start-to end applications of delivery drone. Similarly, other business models such as joint venture and market entry strategies are helping prominent vendors to make their presence felt in the Delivery Drone market and increase their product portfolio. The key leading players in the market include Amazon, DJI, EHANG, FedEx, Flirtey, Airbus SAS, Google, JD.COM, Skycatch, Inc., Uber Technologies Inc., and others.This report also includes the profiles of key delivery drone market companies along with their SWOT analysis and market strategies. In addition, these competitive landscapes provide a detailed description of each company including future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launch, new product developments, and other latest industrial developments.

Key Developments in Delivery Drone Market:

  • In Mar 2018, Drone Delivery Canada commenced the development of their newest cargo delivery drone, ‘The Condor’ with an estimated lifting capability of 400 pounds of payload.
  • In October 2019, Uber Technologies Inc. planning to work on delivery of food items through drone. The delivery drone features with six rotors and provide delivery within eight minutes in 18 miles distance.
  • In June 2017, JD.COM launched new delivery drone. The delivery drone can cover a maximum distance of one metric ton and deliver packages of 1,000 kg or one metric ton.
  • In September 2019, Zipline signed partnership agreement with Government of Maharashtra. The partnership focuses on delivering of emergency medicines across Maharashtra through autonomous delivery drone.

What Does This Report Provide?

This report provides a detailed understanding of the global delivery drone market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

 

Market Segmentation:

By Drone Type

  • Rotary-Wing
  • Fixed-Wing

By Application

  • E-Commerce
  • Quick Service Restaurant
  • Convenience Stores
  • Healthcare
  • Others

By End Users

  • Food & Beverages
  • Healthcare
  • Retail & Logistics
  • Others

By Region:

  • North America Delivery Drone Market
    • By Country (US, Canada, Mexico)
    • By Drone Type
    • By Application
    • By End Users
  • Western Europe Delivery Drone Market
    • By Country (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)
    • By Drone Type
    • By Application
    • By End Users
  • Asia Pacific Delivery Drone Market
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Drone Type
    • By Application
    • By End Users
  • Middle East & Africa Delivery Drone Market
    • By Country (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa)
    • By Drone Type
    • By Application
    • By End Users
  • South America Delivery Drone Market
    • By Country (Brazil, Argentina, Colombia, Rest of South America)
    • By Drone Type
    • By Application
    • By End Users

Reasons to Buy This Report:

  • Market size estimation of the delivery drone market on a regional and global basis
  • Unique research Usage for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

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