Global Drone Package Delivery Market Overview

Global Drone Package Delivery Market was valued at USD 798.33 Million in 2021 and is expected to reach USD 14556.72 Million by the year 2028, at a CAGR of 51.4%.

A Drone Package Delivery is a type of unmanned aerial vehicle (UAV) that is used to deliver products to customers during the last mile delivery process. These drones typically feature four to eight propellers, rechargeable batteries, and the capacity to transport lightweight cargo. They can be controlled independently or remotely, with distribution centers and personnel monitoring the flight. Drone technology is already capable of avoiding collisions with other drones in flight, navigating through metropolitan areas, and applying clever landing tactics. Drone delivery benefits are presently being explored, but they might include cheaper prices, increased operational efficiency, new income sources, immediate fulfillment, less crowded streets, fewer accidents, and lower emissions. Because delivery drones are not yet a well-established solution, some of the limits being explored include package weight limitations, flight length and range constraints owing to battery life, collision avoidance systems, and how to manage unanticipated occurrences such as weather or being hacked.

As e-commerce grows and traditional modes of distribution become less effective, delivery businesses are experimenting with the use of drones. Drone trials have been conducted by companies such as the US Postal Service, Amazon, and Google as a viable alternative for expansion. The current most common use cases for delivery drones include time-sensitive products such as medication and food, as well as tiny items for same-day delivery. Amidst the COVID-19 pandemic, the global market for Drone Package Delivery projected at US$462.3 Million in the year 2020, is estimated to gain a revised size of US$3.4 Billion by 2026, increasing at a CAGR of 38.8% during the forecast period.

Market Dynamics and Factors for the Drone Package Delivery Market:

Drivers:

Infrastructural Development to Increase Market Growth
The abrupt advent of a coronavirus pandemic, along with rising global temperatures, has provided profitable chances for the business. During the epidemic, the commercialization of UAV services produced an enormous demand for the platform. It has created a huge demand for drone package delivery, particularly for some items' last-mile delivery. With cargo transportation innovation and increased investments from logistics and transportation firms, the usage of delivery drones in e-commerce, fast service restaurants, convenience shops, and the healthcare sector, among other areas, is growing. Drone package delivery of small consumer products and fast-food meals has the potential to significantly contribute to urban mobility. Drones are a flexible and sustainable form of transportation for e-commerce enterprises and quick-service restaurants, particularly when high-volume, high-speed deliveries are necessary. Drone-based deliveries might help to alleviate traffic congestion in our already crowded metropolitan areas. Aside from that, several organizations in the logistics and transportation, retail, and agriculture sectors are incorporating drone delivery into their business models, which helps the delivery's seamless and effective implementation. Amazon and Dominos, for example, employ drone packing delivery services to deliver items to their customers in a timely and efficient manner. Furthermore, the rapid spread of the coronavirus disease (COVID-19) pandemic has expanded the use of drones for the transportation of a variety of medical equipment, freight, and parcels to emphasize contactless delivery while adhering to social distancing standards. As a result of these reasons, the increased development of drone package delivery infrastructure is expected to boost the worldwide drone package delivery market growth in the approaching years.

Restraints:

Rules and Regulations
While the government originally prohibited the testing and deployment of drone package delivery in the United States, fresh laws on the subject have since been issued. The Federal Aviation Administration (FAA) issued guidelines for commercial drone usage in 2016. The restrictions stipulated a maximum weight of 55 pounds, a maximum height of 400 feet, and a top speed of 100 miles per hour. It also required that drone package delivery be used exclusively during the day by operators who have a flying certificate and are at least sixteen years old. The United States Senate decided in 2017 to collaborate with local leaders to explore drone delivery efforts. While this technology has not yet reached the general market, it is being extensively evaluated in a variety of areas and application cases.

Challenges:

Range
Obviously, one of the most significant issues with electronic gadgets is battery power. The weakest link in every electrical solution must be overcome. Weather conditions, aerodynamics, size, weight, and other factors all have an impact on drone battery power. Due to weather circumstances, the range is also highly erratic. A windy day, for example, will significantly reduce the drone's range. Companies must perform precise calculations in order for the delivery system to function properly, and they may need to adjust the packing method in order to make it more resistant to weather conditions and more aerodynamic.

Drone Abuse
Unfortunately, for unknown reasons, some people are shooting down drones. People appear to have too much spare time on their hands or, for whatever reason, are dissatisfied with the concept of self-flying drones. This is a significant setback for the drone delivery system, and corporations are struggling to find a solution. Drones are not inexpensive, and organizations must find a method to avoid such situations in order to protect them from abuse or theft.

Opportunities:

Charting the Future of Drone Delivery
The Federal Aviation Administration (FAA) promotes innovation and collaborates with business, state, municipal, and tribal governments to realize the benefits of drones and shape future laws and regulations. The Unmanned Aircraft Systems (UAS) Integration Pilot Program (IPP) tested and evaluated the integration of private and public drone operations into our national airspace system from 2017 to 2020. This study continues under the UAS BEYOND initiative, which focuses on the remaining problems of UAS integration, such as BVLOS operations, societal and economic advantages of UAS operations, and community participation. Amazon has shown that delivery by drone, technically defined as an unmanned aircraft system (UAS), is not only feasible but also symbolizes the future of last-mile delivery. Amazon's PrimeAir service, which debuted in 2016, will eventually be capable of delivering products from Amazon's warehouses to consumers in 30 minutes or less using tiny, unmanned planes. And they are not alone. Google is developing Wing, a service that will employ UAS to transport items, while established firms including UPS and Domino's Pizza have begun to invest in this technology. Even the current COVID-19 situation has increased customer demand for UAS services as they seek new, contactless delivery options for the things they require. Unmanned aircraft services tout lower costs for the delivery, improved reliability, and even reduced carbon emissions as benefits, and may well open the door to a future in which on-demand delivery of consumer products is the norm.

Market Segmentation

Based on the type, the hybrid segment is expected to hold the maximum drone package delivery market share over the forecast period. Drone producers all around the world are working on the development of drones for use in package delivery within city limits, as well as the progress of drone technology. The hybrid type category is expected to grow at the fastest rate. Vertical landing and AI-based collision avoidance will expand the market for hybrid drones. For example, in June 2019, Amazon.com, Inc. introduced its Prime Air delivery drone, a hybrid drone capable of delivering products weighing up to 3 kilos to clients within a 25-kilometer range in 30 minutes.

Based on the package size, the <2Kg segment is expected to dominate the drone package delivery market during the forecast period. Growing E-commerce, and retail industry especially after the COVID-19 pandemic. The number of delivery packages on the roads is only increasing. Retail is growing at a CAGR of 5.3%, e-commerce at 11%, and ride-sharing companies at 18.6%. They are driven by fast-developing countries like India, where internet penetration stood at 40% and is growing at 18%. Thus, growing demand for lightweight retail goods and E-commerce good packages over the globe.

Based on the range, the short-range <25 km segment is expected to dominate the drone package delivery market over the forecast period. Short-range delivery drones are utilized for a short-range local delivery of packages. These drones, efficient of traveling up to a distance of 25 kilometers in a single charging, allow instantaneous delivery of products after their online purchase. There is a growing demand for instant delivery of products and packages, such as food & beverages and emergency medicines.

Based on the end-use, the medical aids delivery segment is expected to hold the drone package delivery maximum market share over the forecast period. Drones have been used in the medical and healthcare sectors to transport medications and medical equipment both within and outside of hospital facilities. These drones are utilized for pharmacy and laboratory pickups and delivery, hence increasing hospital labor productivity. The coronavirus outbreak has put further strain on healthcare systems throughout the world. The virus has increased the need for laboratory testing as well as the urgent need for personal protective equipment and gadgets that allow for remote monitoring of individuals with lesser symptoms. In the aftermath of the COVID-19 epidemic, drone package delivery has shown to be a viable alternative, offering contactless deliveries and increasing the market for medical equipment distribution.

Players Covered in Drone Package Delivery market are :

Regional Analysis for the Drone Package Delivery Market:

  • Due to the expanding online purchasing trend on e-commerce platforms, North America is expected to emerge as the worldwide drone package delivery market share leader. Increased investments by major companies such as UPS, FedEx, Volansi, Zipline, and others are expected to supplement industry expansion. Furthermore, favorable FAA rules in the United States are projected to support market expansion.
  • Europe is predicted to rise steadily as a result of the increasing number of market alliances and partnerships. Skyports, for example, announced a strategic alliance with Deloitte and Vodafone in July 2020 to begin medical delivery services for drugs, samples, and supplies in hospitals.
  • The Asia Pacific is expected to develop drone package delivery market rapidly in the next years. The expanding need for online food buying by the world's vast population, as well as the developing online grocery shopping trend witnessed in India, Indonesia, and China, are expected to drive market expansion. Because of the growing number of drone startups in the region, the Rest of the World is expected to expand in the worldwide drone package delivery industry.

Key Industry Developments for the Drone Package Delivery Market:

  • In February 2021, Zipline has joined hands with the Kaduna State Government to employ drones in the health supply chain system. The delivery will include daily medical supplies, such as blood pints and medicines, and planned delivery of COVID-19 vaccines.
  • In October 2021, Mesa Air Group, Inc. has agreed to purchase four delivery drones from aerospace technology startup Flirtey, with the option to purchase an additional 500 aircraft. Mesa is now the first scheduled airline in the United States to provide drone delivery. Mesa and Flirtey will first focus on last-mile meal delivery, allowing Mesa to grow beyond the global aviation sector and into the worldwide foodservice market. The partnership's immediate objective is to execute commercial drone deliveries in the last-mile food and beverage industry in the United States. The parties intend to extend their drone delivery business into the United States and New Zealand.

COVID-19 Impact on the Drone Package Delivery Market:

The drone industry was concerned at the outset of the outbreak. Since 2016, the rapid increase in consumer drone use had begun to halt. According to statistics from research firm Drone Analyst, the U.S. consumer drone fleet expanded by only 6% in 2019, a significant decrease from the 14% growth number in 2018. However, the commercial drone market, which includes drones used for anything from mapping vineyards to monitoring construction, was doing much better, expanding by 23%, up from 18% in 2018. As a result, when COVID-19 struck, drone businesses sought methods to sell the benefits of small flying robots to humans combating the virus. Delivery drone manufacturers, some of whom had prior expertise delivering medical supplies, jumped into action, seeking to demonstrate the use of their devices. The outcomes have been mixed.

By the time the pandemic hit, Zipline, one of the world's largest and best-known drone package delivery companies, had been testing its drone package delivery systems for light-weight medical supplies in Rwanda and Ghana for years, working closely with policymakers who were more willing to accommodate delivery drones in their airspace than authorities in the United States, the European Union, and other, larger nations. Zipline's mostly autonomous drones can transport a payload of up to 3.9 pounds over 50 kilometers, and the business has been working with Pfizer, Ghana's Health Ministry, UPS, and other partners since 2019 to build up to Ghana's drone delivery infrastructure. These initiatives created the basis for a system that could be quickly scaled up if the epidemic began. As per the Zipline CEO Keller Rinaudo, the business has delivered at least 2.6 million COVID-19 vaccine doses in Ghana (mainly of the Aztra-Zeneca vaccine, which does not require temperatures as cold as the mRNA vaccines). By the end of the year, the business is expected to supply nearly 2.4 million more, with a special focus on rural and roadless areas.

While these pandemic-era drone package delivery experiments demonstrate the feasibility of utilizing flying robots as a delivery mechanism, it is unclear if they have had a substantial influence in combating COVID-19. However, the epidemic has given the sector a lot of positive publicity. Drone package delivery companies' press releases and mainly uncritical media coverage have likely exaggerated the relevance of delivery drones in combating the epidemic in the United States. One painful fact is becoming obvious as vaccination rates in the United States continue to decline and infection rates continue to climb. The root of America's public health problems is public health message, not vaccination delivery logistics. A vaccination delivered by drone at record speed is useless if few people choose to take it.

Global Drone Package Delivery Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 798.33 Mn.

Forecast Period 2022-28 CAGR:

51.4%

Market Size in 2028:

USD 14556.72 Mn.

Segments Covered:

By Duration

  • Long Duration {>30 Minutes}
  • Short Duration {<30 Minutes}

By Package Size

  • Less than 2 Kilograms
  • 2 – 5 Kilograms
  • More than 5 Kilograms

By Range

  • Short Range {<25 Kilometers}
  • Long range {>25 Kilometers}

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Infrastructural Development in the Market

Key Market Restraints:

  • The Strict Government Regulations are Restraining Growth of the Market

Key Opportunities:

  • High Demand for Drone Package Delivery with Sun Protection Factors

Companies Covered in the report:

  • United Parcel Service of America Inc., Airbus S.A.S., Altitude Angel, Amazon.Com Inc., Zipline, Boeing, and Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Duration
 3.2 By Package Size
 3.3 By Range

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Drone Package Delivery Market by Duration
 5.1 Drone Package Delivery Market Overview Snapshot and Growth Engine
 5.2 Drone Package Delivery Market Overview
 5.3 Long Duration {>30 Minutes}
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Long Duration {>30 Minutes}: Grographic Segmentation
 5.4 Short Duration {<30 Minutes}
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Short Duration {<30 Minutes}: Grographic Segmentation

Chapter 6: Drone Package Delivery Market by Package Size
 6.1 Drone Package Delivery Market Overview Snapshot and Growth Engine
 6.2 Drone Package Delivery Market Overview
 6.3 Less than 2 Kilograms
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Less than 2 Kilograms: Grographic Segmentation
 6.4 2 – 5 Kilograms
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 2 – 5 Kilograms: Grographic Segmentation
 6.5 More than 5 Kilograms
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 More than 5 Kilograms: Grographic Segmentation

Chapter 7: Drone Package Delivery Market by Range
 7.1 Drone Package Delivery Market Overview Snapshot and Growth Engine
 7.2 Drone Package Delivery Market Overview
 7.3 Short Range {<25 Kilometers}
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Short Range {<25 Kilometers}: Grographic Segmentation
 7.4 Long range {>25 Kilometers}
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Long range {>25 Kilometers}: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Drone Package Delivery Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Drone Package Delivery Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Drone Package Delivery Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 UNITED PARCEL SERVICE OF AMERICA INC.
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 AIRBUS S.A.S.
 8.4 ALTITUDE ANGEL
 8.5 AMAZON.COM INC.
 8.6 ZIPLINE
 8.7 BIZZBY
 8.8 BOEING
 8.9 CHEETAH LOGISTICS TECHNOLOGY
 8.10 FLIRTEY
 8.11 DHL INTERNATIONAL GMBH
 8.12 EHANG
 8.13 DRONE DELIVERY CANADA CORP.
 8.14 DRONESCAN
 8.15 EDRONIC
 8.16 FEDEX
 8.17 FLI DRONE
 8.18 FLYTREX
 8.19 MATTERNET INC.
 8.20 SKYCART INC.
 8.21 WING AVIATION LLC
 8.22 WORKHORSE GROUP INC.
 8.23 MATTERNET INC
 8.24 OTHER MAJOR PLAYERS

Chapter 9: Global Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Duration
  9.2.1 Long Duration {>30 Minutes}
  9.2.2 Short Duration {<30 Minutes}
 9.3 Historic and Forecasted Market Size By Package Size
  9.3.1 Less than 2 Kilograms
  9.3.2 2 – 5 Kilograms
  9.3.3 More than 5 Kilograms
 9.4 Historic and Forecasted Market Size By Range
  9.4.1 Short Range {<25 Kilometers}
  9.4.2 Long range {>25 Kilometers}

Chapter 10: North America Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Duration
  10.4.1 Long Duration {>30 Minutes}
  10.4.2 Short Duration {<30 Minutes}
 10.5 Historic and Forecasted Market Size By Package Size
  10.5.1 Less than 2 Kilograms
  10.5.2 2 – 5 Kilograms
  10.5.3 More than 5 Kilograms
 10.6 Historic and Forecasted Market Size By Range
  10.6.1 Short Range {<25 Kilometers}
  10.6.2 Long range {>25 Kilometers}
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Duration
  11.4.1 Long Duration {>30 Minutes}
  11.4.2 Short Duration {<30 Minutes}
 11.5 Historic and Forecasted Market Size By Package Size
  11.5.1 Less than 2 Kilograms
  11.5.2 2 – 5 Kilograms
  11.5.3 More than 5 Kilograms
 11.6 Historic and Forecasted Market Size By Range
  11.6.1 Short Range {<25 Kilometers}
  11.6.2 Long range {>25 Kilometers}
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Duration
  12.4.1 Long Duration {>30 Minutes}
  12.4.2 Short Duration {<30 Minutes}
 12.5 Historic and Forecasted Market Size By Package Size
  12.5.1 Less than 2 Kilograms
  12.5.2 2 – 5 Kilograms
  12.5.3 More than 5 Kilograms
 12.6 Historic and Forecasted Market Size By Range
  12.6.1 Short Range {<25 Kilometers}
  12.6.2 Long range {>25 Kilometers}
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Duration
  13.4.1 Long Duration {>30 Minutes}
  13.4.2 Short Duration {<30 Minutes}
 13.5 Historic and Forecasted Market Size By Package Size
  13.5.1 Less than 2 Kilograms
  13.5.2 2 – 5 Kilograms
  13.5.3 More than 5 Kilograms
 13.6 Historic and Forecasted Market Size By Range
  13.6.1 Short Range {<25 Kilometers}
  13.6.2 Long range {>25 Kilometers}
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Drone Package Delivery Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Duration
  14.4.1 Long Duration {>30 Minutes}
  14.4.2 Short Duration {<30 Minutes}
 14.5 Historic and Forecasted Market Size By Package Size
  14.5.1 Less than 2 Kilograms
  14.5.2 2 – 5 Kilograms
  14.5.3 More than 5 Kilograms
 14.6 Historic and Forecasted Market Size By Range
  14.6.1 Short Range {<25 Kilometers}
  14.6.2 Long range {>25 Kilometers}
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Drone Package Delivery Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 798.33 Mn.

Forecast Period 2022-28 CAGR:

51.4%

Market Size in 2028:

USD 14556.72 Mn.

Segments Covered:

By Duration

  • Long Duration {>30 Minutes}
  • Short Duration {<30 Minutes}

By Package Size

  • Less than 2 Kilograms
  • 2 – 5 Kilograms
  • More than 5 Kilograms

By Range

  • Short Range {<25 Kilometers}
  • Long range {>25 Kilometers}

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Infrastructural Development in the Market

Key Market Restraints:

  • The Strict Government Regulations are Restraining Growth of the Market

Key Opportunities:

  • High Demand for Drone Package Delivery with Sun Protection Factors

Companies Covered in the report:

  • United Parcel Service of America Inc., Airbus S.A.S., Altitude Angel, Amazon.Com Inc., Zipline, Boeing, and Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DRONE PACKAGE DELIVERY MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DRONE PACKAGE DELIVERY MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DRONE PACKAGE DELIVERY MARKET COMPETITIVE RIVALRY
TABLE 005. DRONE PACKAGE DELIVERY MARKET THREAT OF NEW ENTRANTS
TABLE 006. DRONE PACKAGE DELIVERY MARKET THREAT OF SUBSTITUTES
TABLE 007. DRONE PACKAGE DELIVERY MARKET BY DURATION
TABLE 008. LONG DURATION {>30 MINUTES} MARKET OVERVIEW (2016-2028)
TABLE 009. SHORT DURATION {<30 MINUTES} MARKET OVERVIEW (2016-2028)
TABLE 010. DRONE PACKAGE DELIVERY MARKET BY PACKAGE SIZE
TABLE 011. LESS THAN 2 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 012. 2 – 5 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 013. MORE THAN 5 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 014. DRONE PACKAGE DELIVERY MARKET BY RANGE
TABLE 015. SHORT RANGE {<25 KILOMETERS} MARKET OVERVIEW (2016-2028)
TABLE 016. LONG RANGE {>25 KILOMETERS} MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY DURATION (2016-2028)
TABLE 018. NORTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY PACKAGE SIZE (2016-2028)
TABLE 019. NORTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY RANGE (2016-2028)
TABLE 020. N DRONE PACKAGE DELIVERY MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE DRONE PACKAGE DELIVERY MARKET, BY DURATION (2016-2028)
TABLE 022. EUROPE DRONE PACKAGE DELIVERY MARKET, BY PACKAGE SIZE (2016-2028)
TABLE 023. EUROPE DRONE PACKAGE DELIVERY MARKET, BY RANGE (2016-2028)
TABLE 024. DRONE PACKAGE DELIVERY MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC DRONE PACKAGE DELIVERY MARKET, BY DURATION (2016-2028)
TABLE 026. ASIA PACIFIC DRONE PACKAGE DELIVERY MARKET, BY PACKAGE SIZE (2016-2028)
TABLE 027. ASIA PACIFIC DRONE PACKAGE DELIVERY MARKET, BY RANGE (2016-2028)
TABLE 028. DRONE PACKAGE DELIVERY MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA DRONE PACKAGE DELIVERY MARKET, BY DURATION (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA DRONE PACKAGE DELIVERY MARKET, BY PACKAGE SIZE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA DRONE PACKAGE DELIVERY MARKET, BY RANGE (2016-2028)
TABLE 032. DRONE PACKAGE DELIVERY MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY DURATION (2016-2028)
TABLE 034. SOUTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY PACKAGE SIZE (2016-2028)
TABLE 035. SOUTH AMERICA DRONE PACKAGE DELIVERY MARKET, BY RANGE (2016-2028)
TABLE 036. DRONE PACKAGE DELIVERY MARKET, BY COUNTRY (2016-2028)
TABLE 037. UNITED PARCEL SERVICE OF AMERICA INC.: SNAPSHOT
TABLE 038. UNITED PARCEL SERVICE OF AMERICA INC.: BUSINESS PERFORMANCE
TABLE 039. UNITED PARCEL SERVICE OF AMERICA INC.: PRODUCT PORTFOLIO
TABLE 040. UNITED PARCEL SERVICE OF AMERICA INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. AIRBUS S.A.S.: SNAPSHOT
TABLE 041. AIRBUS S.A.S.: BUSINESS PERFORMANCE
TABLE 042. AIRBUS S.A.S.: PRODUCT PORTFOLIO
TABLE 043. AIRBUS S.A.S.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ALTITUDE ANGEL: SNAPSHOT
TABLE 044. ALTITUDE ANGEL: BUSINESS PERFORMANCE
TABLE 045. ALTITUDE ANGEL: PRODUCT PORTFOLIO
TABLE 046. ALTITUDE ANGEL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. AMAZON.COM INC.: SNAPSHOT
TABLE 047. AMAZON.COM INC.: BUSINESS PERFORMANCE
TABLE 048. AMAZON.COM INC.: PRODUCT PORTFOLIO
TABLE 049. AMAZON.COM INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. ZIPLINE: SNAPSHOT
TABLE 050. ZIPLINE: BUSINESS PERFORMANCE
TABLE 051. ZIPLINE: PRODUCT PORTFOLIO
TABLE 052. ZIPLINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. BIZZBY: SNAPSHOT
TABLE 053. BIZZBY: BUSINESS PERFORMANCE
TABLE 054. BIZZBY: PRODUCT PORTFOLIO
TABLE 055. BIZZBY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. BOEING: SNAPSHOT
TABLE 056. BOEING: BUSINESS PERFORMANCE
TABLE 057. BOEING: PRODUCT PORTFOLIO
TABLE 058. BOEING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. CHEETAH LOGISTICS TECHNOLOGY: SNAPSHOT
TABLE 059. CHEETAH LOGISTICS TECHNOLOGY: BUSINESS PERFORMANCE
TABLE 060. CHEETAH LOGISTICS TECHNOLOGY: PRODUCT PORTFOLIO
TABLE 061. CHEETAH LOGISTICS TECHNOLOGY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. FLIRTEY: SNAPSHOT
TABLE 062. FLIRTEY: BUSINESS PERFORMANCE
TABLE 063. FLIRTEY: PRODUCT PORTFOLIO
TABLE 064. FLIRTEY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. DHL INTERNATIONAL GMBH: SNAPSHOT
TABLE 065. DHL INTERNATIONAL GMBH: BUSINESS PERFORMANCE
TABLE 066. DHL INTERNATIONAL GMBH: PRODUCT PORTFOLIO
TABLE 067. DHL INTERNATIONAL GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. EHANG: SNAPSHOT
TABLE 068. EHANG: BUSINESS PERFORMANCE
TABLE 069. EHANG: PRODUCT PORTFOLIO
TABLE 070. EHANG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. DRONE DELIVERY CANADA CORP.: SNAPSHOT
TABLE 071. DRONE DELIVERY CANADA CORP.: BUSINESS PERFORMANCE
TABLE 072. DRONE DELIVERY CANADA CORP.: PRODUCT PORTFOLIO
TABLE 073. DRONE DELIVERY CANADA CORP.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. DRONESCAN: SNAPSHOT
TABLE 074. DRONESCAN: BUSINESS PERFORMANCE
TABLE 075. DRONESCAN: PRODUCT PORTFOLIO
TABLE 076. DRONESCAN: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. EDRONIC: SNAPSHOT
TABLE 077. EDRONIC: BUSINESS PERFORMANCE
TABLE 078. EDRONIC: PRODUCT PORTFOLIO
TABLE 079. EDRONIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. FEDEX: SNAPSHOT
TABLE 080. FEDEX: BUSINESS PERFORMANCE
TABLE 081. FEDEX: PRODUCT PORTFOLIO
TABLE 082. FEDEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. FLI DRONE: SNAPSHOT
TABLE 083. FLI DRONE: BUSINESS PERFORMANCE
TABLE 084. FLI DRONE: PRODUCT PORTFOLIO
TABLE 085. FLI DRONE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. FLYTREX: SNAPSHOT
TABLE 086. FLYTREX: BUSINESS PERFORMANCE
TABLE 087. FLYTREX: PRODUCT PORTFOLIO
TABLE 088. FLYTREX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. MATTERNET INC.: SNAPSHOT
TABLE 089. MATTERNET INC.: BUSINESS PERFORMANCE
TABLE 090. MATTERNET INC.: PRODUCT PORTFOLIO
TABLE 091. MATTERNET INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. SKYCART INC.: SNAPSHOT
TABLE 092. SKYCART INC.: BUSINESS PERFORMANCE
TABLE 093. SKYCART INC.: PRODUCT PORTFOLIO
TABLE 094. SKYCART INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. WING AVIATION LLC: SNAPSHOT
TABLE 095. WING AVIATION LLC: BUSINESS PERFORMANCE
TABLE 096. WING AVIATION LLC: PRODUCT PORTFOLIO
TABLE 097. WING AVIATION LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 097. WORKHORSE GROUP INC.: SNAPSHOT
TABLE 098. WORKHORSE GROUP INC.: BUSINESS PERFORMANCE
TABLE 099. WORKHORSE GROUP INC.: PRODUCT PORTFOLIO
TABLE 100. WORKHORSE GROUP INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 100. MATTERNET INC: SNAPSHOT
TABLE 101. MATTERNET INC: BUSINESS PERFORMANCE
TABLE 102. MATTERNET INC: PRODUCT PORTFOLIO
TABLE 103. MATTERNET INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 103. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 104. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 105. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 106. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DRONE PACKAGE DELIVERY MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DRONE PACKAGE DELIVERY MARKET OVERVIEW BY DURATION
FIGURE 012. LONG DURATION {>30 MINUTES} MARKET OVERVIEW (2016-2028)
FIGURE 013. SHORT DURATION {<30 MINUTES} MARKET OVERVIEW (2016-2028)
FIGURE 014. DRONE PACKAGE DELIVERY MARKET OVERVIEW BY PACKAGE SIZE
FIGURE 015. LESS THAN 2 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 016. 2 – 5 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 017. MORE THAN 5 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 018. DRONE PACKAGE DELIVERY MARKET OVERVIEW BY RANGE
FIGURE 019. SHORT RANGE {<25 KILOMETERS} MARKET OVERVIEW (2016-2028)
FIGURE 020. LONG RANGE {>25 KILOMETERS} MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA DRONE PACKAGE DELIVERY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE DRONE PACKAGE DELIVERY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC DRONE PACKAGE DELIVERY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA DRONE PACKAGE DELIVERY MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA DRONE PACKAGE DELIVERY MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Drone Package Delivery Market research report?

The forecast period in the Drone Package Delivery Market research report is 2022-2028.

Who are the key players in Drone Package Delivery Market?

United Parcel Service of America Inc., Airbus S.A.S., Altitude Angel, Amazon.Com Inc., Zipline, Bizzby, Boeing, Cheetah Logistics Technology, Flirtey, DHL International GmbH, EHang, Drone Delivery Canada Corp., Dronescan, Edronic, Fedex, FLI Drone, Flytrex, Matternet Inc., Skycart Inc., Wing Aviation LLC, Workhorse Group Inc., Matternet Inc. and Other Major Players.

What are the segments of Drone Package Delivery Market?

Drone Package Delivery Market is segmented into Duration, Package Size, Range and region. By Duration, the market is categorized into Long Duration {>30 Minutes}, Short Duration {<30 Minutes}. By Package Size, the market is categorized into less than 2 Kilograms, 2 – 5 Kilograms, and More than 5 Kilograms. By Range, the market is categorized into Short Range {<25 Kilometers}, Long range {>25 Kilometers}. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Drone Package Delivery Market?

A Drone Package Delivery is a type of unmanned aerial vehicle (UAV) that is used to deliver products to customers during the last mile delivery process. These drones typically feature four to eight propellers, rechargeable batteries, and the capacity to transport lightweight cargo.

How big is Drone Package Delivery Market?

Global Drone Package Delivery Market was valued at USD 798.33 Million in 2021 and is expected to reach USD 14556.72 Million by the year 2028, at a CAGR of 51.4%.