A recent report published by
Infinium Global Research on delivery drones market provides in-depth analysis
of segments and sub-segments in the global as well as regional delivery drones
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional delivery drones market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global delivery drones market. According
to the report, the global delivery drones market is projected to reach up to 1892.5
Million in 2027 from USD 230.4 Million in 2020, growing with a CAGR of 35.28%
over the forecast period of 2021-2027.
Delivery drones are been developed
to deliver packages to the consumers without direct interaction with the
delivery person. The drones used for delivery are available in different types
such as fixed-wing, and rotary wings. Delivery drones are recently gaining
solid traction across the business community. Drone technology is constantly
evolving with increasing research and development to bring advanced drones into
the market. With the recent developments in technology, the market players are
consolidating their market position.
The COVID-19 pandemic has brought
long-term structural changes across various industrial verticals. The eCommerce
sector experienced superior growth in the categories such as groceries and
household care during the pandemic. The higher growth in the industry
encouraged e-commerce companies to adopt autonomous drones and robots to
deliver goods to the customer without human involvement. The adoption of such
technologies and services has helped e-commerce, medical, and other sectors to
reach their customers in a short-term period. Moreover, governments in many
countries imposed stringent regulations as control measures to restrict the
spread of COVID-19. These restrictions included lockdown orders and social
distancing norms. With the help of delivery drones, the suppliers could deliver
packages while complying with the government regulations. This, in turn,
augmented the growth of the delivery drones market. furthermore, the market
growth is anticipated to stay high even in the post-pandemic era due to the
increased adoption of delivery drones among the end-users.
A large number of industries are
deploying delivery drones for delivering packages. Hence, the growing
application of drones is driving the growth of the delivery drone market.
Furthermore, the demand for faster and safer package delivery among consumers
is growing rapidly. High demand for same-day faster delivery and the
technological advancements in heavy-lift drone-based delivery are some factors
that are influencing the growth of the market during the forecast period.
Moreover, the adoption rate of drones for the supply of life-saving drugs and
reports are triggering the market growth. However, the lack of enough trained
and certified drone pilots who can operate drones remotely is a major
constraint for the delivery drones market. Furthermore, the lack of favorable
regulatory frameworks in many countries hinders the growth of the delivery
drones market. Nevertheless, many countries rely heavily on the import of
drones for their requirements. Thus, the key players in the market are expected
to have growth opportunities to expand their operations in emerging economies.
The advent of new technologies, components, and applications in different
industrial sectors are expected to provide growth opportunities for the global
delivery drones market.
Among geographies, North America
dominates the delivery drones market by region. Asia-Pacific is anticipated to
be the fastest-growing market in terms of CAGR during the forecast period.
Formulation of FAA regulations for drones, commercial drone operations,
technological research, and increasing applications in various other sectors
are the major factors that drive the growth of the North American delivery
drones market. The reforms in regulations that favor the use of drones in the
European Union, increasing use of drones in the e-commerce, and medical sector
are the factors driving the growth of the European delivery drones market.
Furthermore, increasing utilization of drones for the delivery of essential
goods such as food, and medicines drives the growth of the delivery drones
market in the Asia-Pacific region.
The report on global delivery
drones market covers segments such as type, capacity, and end-user. On the
basis of type, the sub-markets include fixed wing, and rotary wing. On the
basis of capacity, the sub-markets include less than 10kg, and greater than
10kg. On the basis of end-user, the sub-markets include restaurant & food
supply, e-commerce, healthcare, retail logistics & transportation, and
The report provides profiles of
the companies in the market such as United Parcel Service of America Inc.,
Amazon.com, Inc., FedEx Corporation, SZ DJI Technology Co., Ltd., Deutsche Post
AG, Dronamics, Flytrex Inc., Flirtey, Skycart Inc., and Zipline.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of delivery drones market. Moreover, the study highlights current
market trends and provides forecast from 2021-2027. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.