DELIVERY DRONES MARKET ANALYSIS
Delivery Drones Market, by Drone Type (Fixed Wing, Rotor Drone, and Hybrid Drones), by Application (E-commerce, Quick-service Restaurants (QSR), and Healthcare), by Component (Airframe, Controller System, Propulsion System, and Others (Sensors/Battery/Camera)), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027
Press Release
The global delivery drones market was valued at US$ 165.3 million in 2017 and is projected to exhibit a CAGR of 38.5% during the forecast period (2019–2027), reaching US$ 3,802.5 million by 2027.
A delivery drone is a type of unmanned aerial vehicle, which is used for distributing packages to customers in any locality. This drone is available in three different types, which include fixed-wing drones, rotor drones, and hybrid drones. In addition, these type of drones are mostly designed with 4 to 8 propellers along with rechargeable batteries and can fly at high speed while carrying a parcel.
Market Dynamics
Unmanned aerial vehicles (UAVs) or delivery drones are becoming increasingly popular, as these can avoid traffic congestion and deliver customer packages in a specific time. Companies such as Amazon, Google, Uber, Matternet, and Aria Insights, Inc. are focused on adoption of electric-powered flying machines for package deliveries, especially in remote areas. For instance, Boeing introduced a new unmanned cargo air vehicle prototype called electric vertical-takeoff-and-landing (eVTOL). This product is designed to transport payloads weighing up to 500 pounds for autonomous cargo delivery, logistics, and other transportation applications.
Furthermore, key players in the market are focused on strategies such as partnerships and collaborations, in order to expand their global presence. For instance, in March 2017, Matternet Inc. partnered with Swiss Post to launch a medical drone delivery network in Switzerland.
In October 2017, Flirtey, a delivery drone service company, collaborated with REMSA Health, an ambulance service provider, to introduce automated external defibrillator (AED) delivery drone service in the U.S.
However, lack of technical expertise about operating drones and low battery life of delivery drones are major factors that are expected to restrain growth of the delivery drones market.
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Market Taxonomy
In this report, the global delivery drones market is segmented on the basis of drone type, application, component, and geography. For a comprehensive understanding of market dynamics, the market is analyzed across key geographical regions, namely North America, Europe, Asia Pacific, and Latin America, Middle East and Africa (LAMEA). Each of these regions are analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.
Key features of the study:
- This report provides an in-depth analysis of the delivery drones market with market size (US$ Million) and compound annual growth rate (CAGR) (%) for the forecast period: 2019–2027, considering 2018 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global delivery drones market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key companies covered as a part of this study include The Boeing Company, Airbus SE, JD.com, SKYCART INC, Drone America, Matternet Inc., and SZ DJI Technology Co. Ltd.
- Insights from this report will allow marketers and management authorities of companies to make informed decisions with respect to their future product launch, technology upgrades, market expansion, and marketing tactics
- Various strategy matrices used in analyzing the delivery drones market would provide stakeholders vital inputs to make strategic decisions accordingly
Detailed Segmentation:
- Global Delivery Drones Market, By Drone Type:
- Fixed Wing
- Rotor Drone
- Hybrid Drones
- Global Delivery Drones Market, By Application:
- E-commerce
- Quick-service restaurants (QSR)
- Healthcare
- Global Delivery Drones Market, By Component
- Airframe
- Controller System
- Propulsion System
- Others (Sensors/Battery/Camera)
- Global Delivery Drones Market, By Geography:
- North America
- By Country
- U.S.
- Canada
- By Segmentation
- By Drone Type
- Fixed Wing
- Rotor Drone
- Hybrid Drones
- By Application
- E-commerce
- Quick-service restaurants (QSR)
- Healthcare
- By Component
- Airframe
- Controller System
- Propulsion System
- Others (Sensors/Battery/Camera)
- Europe
- By Country
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- By Segmentation
- By Drone Type
- Fixed Wing
- Rotor Drone
- Hybrid Drones
- By Application
- E-commerce
- Quick-service restaurants (QSR)
- Healthcare
- By Component
- Airframe
- Controller System
- Propulsion System
- Others (Sensors/Battery/Camera)
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- Rest of Asia Pacific
- By Segmentation
- By Drone Type
- Fixed Wing
- Rotor Drone
- Hybrid Drones
- By Application
- E-commerce
- Quick-service restaurants (QSR)
- Healthcare
- By Component
- Airframe
- Controller System
- Propulsion System
- Others (Sensors/Battery/Camera)
- Latin America, Middle East & Africa (LAMEA)
- By Sub-region
- Latin America
- Middle East
- Africa
- By Segmentation
- By Drone Type
- Fixed Wing
- Rotor Drone
- Hybrid Drones
- By Application
- E-commerce
- Quick-service restaurants (QSR)
- Healthcare
- By Component
- Airframe
- Controller System
- Propulsion System
- Others (Sensors/Battery/Camera)
- Airports
- Company Profiles
- Airbus SE
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Drone America
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- JD.com
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Matternet Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- Skycart, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
- SZ DJI Technology Co. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- The Boeing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments/Updates
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