The Worldwide Delivery Drones Industry is Expected to Reach a Value of $1.29 Billion by 2028 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Delivery Drones Market by Type, Payload, Range, End User, and Geography – Global Forecasts to 2028” report has been added to ResearchAndMarkets.com’s offering.
The Delivery Drones Market is expected to reach a value of $1.29 billion by 2028, at a CAGR of 40.0% during the forecast period 2021-2028.
The growth of this market is mainly attributed to the increase in demand for faster delivery, technological advancements in drones, and the rising need to reduce carbon emissions.
The study offers a comprehensive analysis of the delivery drones market based on type (multi-rotor, fixed-wing, single-rotor, hybrid VTOL), payload (less than 2 Kg, 2-5 Kg, more than 5 Kg), range (less than 25 Km, more than 25 Km), end user (healthcare, retailers & e-commerce, food & beverage, logistics, other end users), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Key Questions Answered in the Report:
- Which are the high-growth market segments in terms of type, payload, range, end user, and geography?
- What is the historical market size for the delivery drones market?
- What are the market forecasts and estimates for the period 2021-2028?
- What are the drivers, restraints, opportunities, and challenges in the delivery drones market?
- Who are the major players in the market, and what shares of the market do they hold?
- How is the competitive landscape for the delivery drones market?
- What are the recent developments in the delivery drones market?
- What are the different strategies adopted by the major players in the market?
- What are the key geographic trends, and which are the high-growth countries?
- Who are the local emerging players in the delivery drones market, and how do they compete with the other players?
Market Dynamics
Drivers
- Increasing Demand for Faster Deliveries
- Technological Advancements in Drones
- Rising Need to Reduce Carbon Emissions
Restraints
- High Cost of Infrastructure
- Limited Battery Life of Aerial Delivery Drones
Opportunities
- Rising Private Investments in the Drones Industry
- Increase in E-commerce Sales and Demand for Contactless Deliveries During the COVID-19 Pandemic
Challenges
- Stringent Government Regulations for UAVs
- Delivery Drones’ Susceptibility to Hacking and Data Breaches
Scope of the Report:
Delivery Drones Market, by Type
- Multi-rotor
- Fixed-wing
- Single-rotor
- Hybrid VTOL
Delivery Drones Market, By Payload
- Less than 2 kg
- 2-5 kg
- More than 5 kg
Delivery Drones Market, by Range
- Less than 25 km
- More than 25 km
Delivery Drones Market, by End User
- Healthcare
- Retailers and E-commerce
- Food & Beverages
- Logistics
- Other End Users
Delivery Drones Market, by Geography
- North America
- U.S.
- Canada
- Asia-Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Latin America
- Middle East & Africa
Companies Mentioned
- Amazon.com Inc (U.S.)
- Boeing Co (U.S.)
- Airbus SE (Netherlands)
- Drone Delivery Canada Corp (Canada)
- Wing Aviation LLC (U.S.)
- Flirtey (U.S.)
- Zipline (U.S.)
- Wingcopter GmbH (Germany)
- FLI Drone (U.S.)
- Flytrex Inc (U.S.)
- Matternet Inc (U.S.)
- Deutsche Post DHL Group (Germany)
- United Parcel Services (U.S.)
- SF Express Co. Ltd. (China)
- Rakuten Group Inc (Japan)
For more information about this report visit https://www.researchandmarkets.com/r/2xn6c
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