Drone Package Delivery System Market Research Report - Global Forecast till 2030

Drone Package Delivery System Market Research Report: Information by Solution (Platform, Software, Infrastructure and Service), Duration (Short Duration and Long Duration), Range (Short Range and Long Range), Package Size (2 Kilograms, 2‚Äď5 Kilograms and 5 Kilograms), End-Use (Retail Goods Delivery, Food Delivery, Postal Delivery, Medical Aids Delivery and Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast to 2030

ID: MRFR/A&D/8509-CR | July 2020 | Region: Global | 230 Pages         

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Drone Package Delivery System Market

Drone Package Delivery System Market Size is expected to reach USD 998.9 Million by 2030, registering a CAGR of 53.51% during 2020-2030.

Segmentation
By Solution Platform Software Infrastructure & Service
By Duration Short Duration &Long Duration
By Range Short Range & Long Range
By Package Size <2 Kilograms 2‚Äď5 Kilograms and >5 Kilograms
By End-Use Retail Goods Delivery Food Delivery Postal Delivery Medical Aids Delivery &Others
Key Players
Companies Profiled   FedEx    United Parcel Service of America Inc    Boeing    DHL International GmbH    Matternet Inc    Zipline    Flirtey    Drone Delivery Canada Corp    Flytrex    Workhorse Group Inc    Cheetah Logistics Technology    Wing Aviation LLC    Airbus SAS    Skycart Inc    Dronescan    Edronic    Altitude Angel    FLI Drone    Bizzby
Drivers
Market Driving Forces   Expanding Demand for Lowering Carbon Emissions   Expanding Demand for drone package delivery system market.
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Drone Package Delivery System Market Overview


Drone Package Delivery System Market Size is Anticipated to reach USD 998.9 Million by 2030, registering a CAGR of 53.51% during 2020-2030.


Worldwide Drone Package Delivery System Market is required to enlist a 38.79% CAGR during the conjecture time frame. The Drone Package Delivery System involves several transportation and logistics calculations required for building a strong, stable, and efficient building with proper aerial deliveries. Drones do this. It is a new and innovative idea launched in the market that helps with timely delivery, minimal human interference, and high accuracy system.


The adoption of UAVs in the basic national systems like transport, healthcare, agriculture, and logistics drives the Drone Package Delivery System Market. These markets majorly drive the global economy, keeping in mind the demand for drones and related delivery services. Apart from this, there is a constant demand in the market for technological advancement along with enhanced heavy lift drone facilities that majorly anticipates the market’s growth at the national and global levels. There has been an increase in the adoption level of the drone delivery rate, keeping in mind the ecommerce and national business.


COVID-19 Analysis:


North America represented the most significant piece of the overall industry in 2019 and is relied upon to be the biggest market for drone package delivery service conveyance frameworks during the gauge time frame. The local market development is fundamentally determined by the appeal for administrations from the US and Canada players. For example, the presence of critical organizations, FedEx, United Parcel Service of America, Inc., and Uber Technologies Inc., and the accessibility of complex advancements to convey creative arrangements, empowers this locale to be a promising business sector. Be that as it may, the continuous COVID-19 pandemic is required to hamper the local market's development. 


The expanding producing limitations and worldwide downturn because of the COVID-19 pandemic are relied upon to hamper the development of the market. Be that as it may, because of lockdowns, organizations are progressively putting resources into advancements; for example, drone bundle conveyance frameworks to convey actual products to clients. For instance, in May 2020, Zipline Technologies dispatched significant distance drone conveyance administrations of COVID-19 supplies in the US. Consequently, the drone delivery companies bundle conveyance frameworks market in North America is relied upon to enlist a CAGR of 38.05% during the figure time frame.


In June 2020, Drone Delivery Canada consented to an arrangement with DSV Air and Sea, Inc. Canada, the Canadian auxiliary of DSV, a transportation and coordinations organization, to give a package delivery industry conveyance stage to convey medical services supplies from DSV's stockroom in Milton, Ontario, to DSV clients. 


In November 2019, UPS Flight Forward, Inc., an auxiliary of UPS, teamed up with CVS Health Corporation, an auxiliary of CVS Pharmacy, Inc., to finish the robot conveyance of clinical solutions from a CVS drug store straightforwardly to a shopper's home. 


In July 2018, Airbus S.A.S marked a Memorandum of Understanding (MoU) with International SOS, a clinical and security hazard administrations organization, settled in Singapore to investigate robots' utilization for conveying clinical supplies.


 Market Dynamics:



  • Drivers¬†


Expanding Demand for drone package delivery system market includes Faster Delivery. A revision in Regulatory Frameworks works in the best way to Encourage Drone Package Delivery. Expanded Use of Low-Cost and Light Payload Drones for Product Delivery by Start-UPS 


Consolidation of Advanced Sense and Avoid Systems in Aerial Delivery Drones. There is an expanding Demand for Lowering Carbon Emissions 



  • Restrictions¬†


The drone package delivery system market's main restriction is the absence of Required Infrastructure to Support Drone Delivery Operations in Emerging Economies. 


This drone package delivery system market is also restricted to Bandwidth and Battery Life of Aerial Delivery Drones. 



  • Openings¬†


Improvement of Aerial Delivery Drones could Function Smoothly in Geographically Challenging Areas. Development Opportunities for Vendors at Different Levels of the Value Chain of Drone Deliveries 


There is an opening in Consolidation of Internet of Things (IoT) in Delivery Drones' Ecosystem. 



  • Difficulties¬†


Some of the difficulties faced by drone package delivery system market include wellbeing and Security Issues Related to the Use of Delivery Drones. And it also consists of the Issues Related to Traffic Management of Delivery Drones. 


One of the significant difficulties faced by the drone packing company is the absence of Risk Management Framework and Insurance Cover for Aerial Delivery Drones. There are also Medical problems Due to Ceaseless Noise from Delivery Drones.


 Value Chain Analysis / Technology Analysis / Regulatory Implications


 Segment Overview:



  • By drone type analysis¬†


Drone package delivery system market segmentation is done on the basis of the drone type. The segmentation may include fixed-wing drones and rotary-wing drones. You must know that the rotary-wing drones hold the market's dominant share due to its excellent rotary-wing capabilities.


In various commercial and industrial applications, the multi-rotor and multi-copter drones are widely used. The fine structure and technological benefits are projected to propel the segment growth in the forthcoming years. 



  • By package size analysis


The package size analysis is projected to lead the drone package delivery system market during the forecast period. The segment dominance is due to the timely approvals and regulations favouring the services providers for parcel service providers' delivery. 


The package size analyses are suitable in extreme environmental conditions to deliver relief packages, food supplies, and medical aid. 



  • By end-user analysis


The segmentation is done through the end-user analysis. The drone package delivery system market is segmented into restaurant and food supply, healthcare, retail logistics, e-commerce, etc. The restaurant and food supply segment is expected to have a dominant market share for the forecast period. 


It is expected that the drone package delivery system market has a dominant market share during the forecast period due to the increasing demand for food and delivery services. 


Regional Analysis


 According to the regional analysis, the drone package delivery system market share is attributable to the increasing trend of online shopping on an e-commerce platform. There is an increase in the trend of online shopping one-c0ommerce platform and favourable FAA regulations in the US. 


There is an increase in the key players' investment to support the start-up companies for the establishment of parcel or delivery service in a particular region or segment. The best part is that there is a rise in online purchase, which is ultimately enhancing the importance of  drone package delivery system market. 


Competitive Landscape


Major Key player of drone package delivery system market:



  • Com, Inc.

  • FedEx

  • United Parcel Service of America, Inc.

  • Boeing

  • DHL International GmbH

  • Matternet, Inc.

  • Zipline

  • Flirtey

  • Drone Delivery Canada Corp.

  • Flytrex

  • Workhorse Group Inc.

  • Cheetah Logistics Technology

  • Wing Aviation LLC

  • Airbus S.A.S.

  • Skycart Inc.

  • Dronescan

  • Edronic

  • Altitude Angel

  • FLI Drone

  • Bizzby


Recent Developments


In May 2020, Silicon valley based Drone Package Delivery System firm Zipline International collaborated with the US firm FAA. This was majorly done by targetting the small areas and adopting the concept of small pilot projects. This was used in defenses where the cargo was delivered, and packages were dropped covering 80 km of distance.


In March 2020, the Irish and the Indian government had rules to cover up the medical infrastructure that involved drone delivery services. The Manna Aero Company has a target set for delivering packages to the villages at 100 packages per drone.


Report Overview:



  • Market overview and the highlighted points on the robotic drone package delivery market.

  • Market analysis on COVID-19 situation.

  • Explanation upon the market dynamics.

  • ‚ÄėValue chain analysis for the robotic drone package delivery market.¬†

  • Market segment overview¬†

  • Competitive landscape analysis

  • The recent development of drone package delivery companies


In this report, you may find the highlight of the global drone package delivery system market for the prediction period of 2030. 


The segment table follows:


Drone package delivery companies by type analysis 



  • fixed-wing drones¬†

  • Rotary-wing drones

  • Drone package delivery companies by size analysis

  • Drone package delivery companies by end-user analysis


 



Report Scope:

Report Attribute/Metric Details
  Market Size   998.9 Million
  CAGR   53.51% (2020-2030)
  Base Year   2019
  Forecast Period   2030
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Solution, Duration, Range, Package Size, End-Use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Com, Inc., FedEx, United Parcel Service of America, Inc., Boeing DHL International GmbH, Matternet, Inc., Zipline, Flirtey, Drone Delivery, Canada Corp., Flytrex, Workhorse Group Inc., Cheetah Logistics Technology, Wing Aviation LLC, Airbus S.A.S., Skycart Inc., Dronescan, Edronic, Altitude Angel, FLI Drone, Bizzby
  Key Market Opportunities   Development Opportunities for Vendors at Different Levels of the Value Chain of Drone Deliveries
  Key Market Drivers   Expanded Use of Low-Cost and Light Payload Drones for Product Delivery by Start-UPS.


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Frequently Asked Questions (FAQ) :

53.51% CAGR is calculated for Global Drone Package Delivery System Market.

Asia-Pacific region is expected to be the fastest-growing market for drone package delivery systems during the review period.

The Global Drone Package Delivery System Market is segmented based on solution, duration, range, end-use, and package size.

North America region is to register a CAGR of 38.05% during the forecast period.

Deutsche Post AG (Germany), Amazon.com, Inc. (US), Matternet, Inc. (US), EHANG (China),

2020to 2030 is the growth period for the Global Drone Package Delivery System Market.