Drone package delivery is defined as the use of an unmanned aerial vehicle (UAV) to deliver food, packages, medical supplies, and goods. It is used for delivering packages to consumers during the last mile delivery process. The drone consists of 4 to 8 propellers, rechargeable batteries, and can carry lightweight containers. It can also be operated autonomously through artificial intelligence (AI) technology or remotely through distribution centers and operators which oversee the flight. The growing e-commerce sector along with the rising demand for express delivery of goods is majorly augmenting the market for drone package delivery. In addition, the rising popularity of quick-service restaurants and the growing inclination towards quick delivery of farm-fresh food items are also boosting the demand for drone package delivery. Furthermore, the rising penetration of automated delivery solutions combined with rising concerns about the traffic congestion is resulting in the delayed delivery process, is further likely to propel the requirement for delivery drones. In addition to this, the increasing adoption of long-range delivery drones by various military and disaster management units for supplying food packages and medicines during natural calamities is also enhancing the market growth. In the healthcare sector, the increasing utilization of aerial delivery solutions for distributing blood specimens, drugs, and first aid services, during medical emergencies is also compelling the market. Apart from this, the increasing integration of drone package delivery systems with sensors, landing pads, night-vision cameras, collision control equipment, etc., is further propelling the Drone Package Delivery market growth. Various innovative technologies, such as AI, GPS, IoT, cloud computing, etc., have resulted in the emergence of highly-advanced delivery drones. These technologies provides many benefits, such as real-time monitoring, integrated flight planning, air traffic management, easy navigation, and smooth delivery of packages, therefore catalyzing the global market for drone package delivery. On contrary, the restricted bandwidth and battery life of aerial delivery drones will hamper the market growth.

The use of drones for the delivery of packages is projected to create growth opportunities for several stakeholders of the drone package delivery ecosystem, such as drone manufacturers, drone infrastructure providers, drone service providers and drone as a software service provider, among others. The companies are anticipated to witness major growth in the coming years due to the substantial investments in drone technologies across the world. The UAV industry has been witnessing major investments from private companies, venture capitalists, and financial institutions over the past few years.

The global Drone Package Delivery Market is segregated on the basis of Drone Type as Fixed Wing, Rotary Wing and Hybrid. Based on Range the global Drone Package Delivery Market is segmented in Long Range (above 25 Km) and Short Range (less than 25 Km). Based on Package Weight the global Drone Package Delivery Market is segmented in Less than 2 Kg, 2 Kg to 5 Kg and Above 5 Kg. Based on Duration of Flight the global Drone Package Delivery Market is segmented in Less than 30 Minutes and Over 30 Minutes. Based on Application the global Drone Package Delivery Market is segmented in Retail & E-Commerce, Food Delivery, Medical, Logistics, Agriculture, Military and Others.

The global Drone Package Delivery Market report provides geographic analysis covering regions, such as Europe, North America, Asia Pacific, and Rest of The World. The Drone Package Delivery Market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Analysis

Airbus S.A.S., Altitude Angel, Amazon.Com, Inc., Bizzby, Boeing and others are among the major players in the global Drone Package Delivery Market. The companies studied in terms of product strategy and various n several growth and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

• In February 2021, Zipline signed a service level contract with the Kaduna State Government to utilize drones in the health supply chain system. The delivery will comprise of daily medical supplies, such as blood pints and medicines and organized delivery of COVID-19 vaccines.
• In November 2020, Matternet introduced a medical drone delivery network through a delivery pilot at Labor Berlin Charité Vivantes, a health system in Berlin, Germany. Matternet claims this to be the first urban beyond-visual-line-of-sight (BVLOS) medical drone delivery network in the largest city of the Europe, with the ability to serve millions of patients each year.

 The global Drone Package Delivery Market has been segmented as below:

Drone Package Delivery Market, By Drone Type

• Fixed Wing
• Rotary Wing
• Hybrid

Drone Package Delivery Market, By Range

• Long Range (above 25 Km)
• Short Range (less than 25 Km)

Drone Package Delivery Market, By Package Weight

• Less than 2 Kg
• 2 Kg to 5 Kg
• Above 5 Kg

Drone Package Delivery Market, By Duration of Flight

• Less than 30 Minutes
• Over 30 Minutes

Drone Package Delivery Market, By Application

• Retail & E-Commerce
• Food Delivery
• Medical
• Logistics
• Agriculture
• Military
• Others

Drone Package Delivery Market, By Region

• Europe
• North America
• Asia Pacific
• Rest of The World

Drone Package Delivery Market, By Company

• Airbus S.A.S.
• Altitude Angel
• Amazon.Com, Inc.
• Bizzby
• Boeing
• Cheetah Logistics Technology
• Deutsche Post Dhl Group
• Drone Delivery Canada Corp.
• Dronescan
• Edronic
• Ehang
• Elroy Air
• Fedex
• Fli Drone
• Flirtey
• Flytrex
• Manna Aero
• Matternet, Inc.
• Rigi Technologies Sa
• Skycart Inc.
• Skyports Limited

The report covers the below scope:

• Global Drone Package Delivery Market sizes from 2020 to 2026, along with CAGR for 2020-2026
• Market size comparison for 2019 vs 2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to 2026
• Global Drone Package Delivery Market trends, covering comprehensive range of consumer trends & manufacturer trends
• Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Drone Package Delivery Market
• Major market opportunities and challenges in forecast timeframe to be focused
• Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
• Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

• Base year - 2019
• Estimated year - 2019
• Projected year - 2020
• Forecast period - 2021 to 2026

Report Scope:

The global Drone Package Delivery Market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Drone Package Delivery Market share. Major industry players with significant revenue share include Airbus S.A.S., Altitude Angel, Amazon.Com, Inc., Bizzby, Boeing and others.

Why to Buy this Report:

• Gain detailed insights on the Drone Package Delivery industry trends
• Find complete analysis on the market status
• Identify the Drone Package Delivery Market opportunities and growth segments
• Analyse competitive dynamics by evaluating business segments & product portfolios
• Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

• The report targeted towards the existing players in the industry is as follows:
• Market Manufacturers/Service Providers
• Market Wholesale/Traders
• Investment and Financial Institutions

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