Drone Package Delivery Market Growth, Share, Trends and Future Demand 2023-2028
According to IMARC Group’s latest report, titled “Drone Package Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, the global drone package delivery market size reached US$ 1,149.9 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,514.3 Million by 2028, exhibiting a growth rate (CAGR) of 23.5% during 2023-2028.
Industry Definition:
Drone package delivery is a method of delivering packages or goods using unmanned aerial vehicles (UAVs), commonly known as drones. The process involves a drone picking up a package from a designated location and transporting it to a specific destination. Drone delivery is deemed as a potential solution to the challenges faced by traditional delivery methods, such as traffic congestion and long delivery times. It also has the potential to provide faster and more cost-effective delivery services, particularly for remote or hard-to-reach areas.
Market Trends and Drivers:
The inflating popularity of quick-service restaurants is primarily driving the drone package delivery market. Additionally, the escalating demand for express delivery of products is further catalyzing the market growth. Besides this, the rising consumer concerns towards traffic congestion leading to the delayed shipment process and the widespread adoption of long-range delivery drones by military and disaster management units for providing food packages and medicines during natural calamities are acting as significant growth-inducing factors. Moreover, the growing integration of drone package delivery systems with night-vision cameras, sensors, landing pads, collision control equipment, etc., is positively influencing the global market. Apart from this, the introduction of advanced technologies, such as artificial intelligence (AI), cloud computing, the internet of things (IoT), etc., is anticipated to fuel the drone package delivery market over the forecasted period.
Competitive Landscape:
The competitive landscape of the drone package delivery market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Amazon Inc.
- Airbus SE
- DHL International GmBH (Deutsche Post AG)
- Drone Delivery Canada Corp.
- Flirtey
- Flytrex
- Matternet Inc.
- Rakuten Group, Inc.
- Skycart Inc.
- United Parcel Service of America Inc.
- Workhorse Group Inc
- Zipline
Key Market Segmentation:
The report has segmented the global market based on solution, duration, range, capacity, type, end-use industry and region.
Breakup by Solution:
- Service
- Platform
- Infrastructure
- Software
Breakup by Duration:
- Short Duration (<30 minutes)
- Long Duration (>30 minutes)
Breakup by Range:
- Short Range (<25 kilometers)
- Long Range (>25 kilometers)
Breakup by Capacity:
- <2 kilograms
- 2-5 kilograms
- >5 kilograms
Breakup by Type:
- Rotary Wing
- Fixed Wing
- Hybrid
Breakup by End-Use Industry:
- E-Commerce
- Healthcare
- Food and Beverages
- Postal Services
- Others
Breakup by Region:
- North America
- Europe
- Asia-Pacific
- Other Regions
Related Reports by IMARC Group:
Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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