Report Id: SNS/A&D/1123 | May 2022 | Region: Global | 125 Pages
Report Scope & Overview:
Delivery Drone Market was USD 234.4 million by 2022. The global impact of COVID-19 is unprecedented and shocking, with drone delivery services proving a shocking demand for all regions during the epidemic. Based on our analysis, the market is expected to grow from USD 234.4 million by 2022 to USD 3119.3 million by 2028 at a CAGR of 53.94% during the period 2022-2028.
The sudden rise of CAGR is due to the demand and growth of this market, returning to pre-epidemic levels once the epidemic is over.
Many transport and transportation companies are investing heavily in building a successful drone delivery infrastructure. Drone Delivery is a new mode of transportation for high-quality service providers and various commercial enterprises and medical facilities. Due to fast delivery time, high accuracy, and low human intervention in the supply chain, it has become the most sought-after method of the global supply of goods. Technology giants such as the United Parcel Service of America (UPS), Zipline, and the Deutsche Post DHL Group have established new commercial delivery platforms over the past few years.
For example, in March 2020, UPS partnered with Wingcopter to develop the next generation of cargo aircraft while adding new capabilities such as changing the VTDL aircraft with steady wings at high speeds, long distances, and high departure weight. These drones will be able to better operate in a variety of different utility industries.
The Federal Aviation Administration (FAA) has implemented strict restrictions on weight-bearing restrictions. Restricted the delivery of drones below 10kgs, which increased the demand for a portion of <10kg capacity in all regions. Therefore, a portion of the <10kg capacity is predicted to rise to a higher CAGR During the Drone Delivery Market Forecast.
The airframe segment enhances the growth of the Global Drone Delivery Market Market due to the growing research and development activities undertaken by various companies with improved features, reduced size, and higher durability.
Operational challenges and new strict rules by the Federal Aviation Administration (FAA) place restrictions on the use of drones, which could affect global market growth. Another obstacle could be the complex area and poor infrastructure of Delivery Drone Market. Accordingly, Delivery Drone Market Growth may be disrupted due to the limited range of delivery drones (<10kg). Therefore, the global Delivery Drone market needs to guide drones delivered with the right information and the highest expertise.
In addition, high infrastructure costs may be one major obstacle to the Global Delivery Drone Market
An increasing number of drones use better delivery packages are predicted to bring Drone Delivery Market Opportunities to various global market participants, such as drone service providers, drone manufacturers, software service providers, and drone infrastructure providers. Therefore, the growth of private finance in the drone industry brings many opportunities to the global market.
In commercial and public applications, operational safety is considered a major concern with the use of airborne drones. Thus, the increasing use of drones in commercial aviation and public programs has produced cases of drone hijacking incidents in various regions. Therefore, drug trafficking and data security breaches using airborne drones can be a major challenge for Delivery Drone Market.
THE IMPACT OF COVID-19:
During the ongoing COVID epidemic, the world saw an increase in the distribution of the package without affecting in various ways, but drone delivery had an impact on the delivery and goods market. This development was due to disruptions in the provision of temporary supplies, which resulted in a high rate of drone delivery acceptance to combat weak growth in all areas such as local businesses, restaurants, diseases, medicine suppliers, and more. Also, the platform is widely used by law enforcement agencies, health care providers, commodity companies, service delivery forums, and e-commerce companies.
The epidemic provides a growing environment and time for commercial use of well-functioning and efficient drones. These items will provide lucrative opportunities for manufacturers, suppliers, service providers, and other companies operating in the market. The growing demand for uninterrupted delivery systems across all supply chains is expected to boost market growth during forecasting.
An ongoing epidemic came in 2020 with a temporary disruption. But it is considered a long-term structural change. It has affected many areas of marketing, but the introduction of new technologies and services has helped global products reach the entire e-commerce, medical, and other industries in a very long time.
Therefore, looking at the previous global Delivery Drone market effect shows that it faces short-term losses but predicts that it will meet the size of the Drone Delivery Market size in the coming years.
Market Key Player
The Boeing Company, Cheetah Logistics Technology, DHL International GmbH, Drone Delivery Canada Corp., Flirtey, FlyTrex, Wing Aviation LLC, Manna Aero, Airbus SA, Alibaba, Amazon,
KEY MARKET SEGMENT:
A fast-serving restaurant
By End Users:
Selling & Logistics,
Food and Drink,
REGIONAL ANALYSIS :
The Global Delivery Drone Market is divided into various regions such as Asia-Pacific, Middle East & Africa, North America, Europe, and Latin America on a regional basis. Looking at the 2018 report, the North American region is expected to register hundreds.
Rest of Europe
Rest of Asia-Pacific
The Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America
|Market Size in 2021||US$ 234.4 Million|
|Market Size by 2028||US$ 3119.3 Million|
|CAGR||CAGR of 53.94% From 2022 to 2028|
|Report Scope & Coverage||Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook|
|Key Segments||• by Type (Rotary-Wing, Though Wing)
• By Skill (> 10kg, <10kg)
• By Applications (Shops, Health, E-Commerce, A fast-serving restaurant, Some)
• By Components (Propulsion System, Air-frame, Control system, Battery, Camera, Roaming, Some)
• By End Users (Selling & Logistics, Food and Drink, Health, Some)
|Regional Analysis/Coverage||North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
|Company Profiles||The Boeing Company, Cheetah Logistics Technology, DHL International GmbH, Drone Delivery Canada Corp., Flirtey, FlyTrex, Wing Aviation LLC, Manna Aero, Airbus SA, Alibaba, Amazon.|
|Key Drivers||• The Federal Aviation Administration (FAA) has implemented strict restrictions on weight-bearing restrictions|
|RESTRAINTS||• Operational challenges and new strict rules by the Federal Aviation Administration (FAA) place restrictions on the use of drones, which could affect global market growth.|
Frequently Asked Questions (FAQ) :
Yes, you will get an free sample of this report for that you have to make an contact with our team.
According to SNS insiders, the Delivery Drone Market size was USD 2343.4 million in 2022 and is expected to reach USD 31,186.7 million by 2028 with a CAGR of 53.94% over the forecasted period.
An increasing number of drones use better delivery packages are predicted to bring Drone Delivery Market Opportunities to various global market participants, such as drone service providers, drone manufacturers, software service providers, and drone infrastructure providers.
Alphabet Inc., Deutsche Post DHL Group, Zipline, United Parcel Service of America, Inc., FedEx, Matternet Inc., EHang, Wingcopter and The Boeing Company.
Technological improvements such as VTOL, geospatial mapping, IoT, and machine learning result in improved package delivery accuracy and There is a growing need to limit carbon emissions.
Table of Contents:
1.1 Market Definition
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1 COVID 19 Impact Analysis
4.2 Impact of Russia and Ukraine War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Delivery Drone Market, By Type
9. Delivery Drone Market, By Capacity
10. Delivery Drone Market,By Applications
10.1 Convenience Stores,
10.4 Quick-Service Restaurant,
11. Delivery Drone Market, By Components
11.1 Propulsion System,
11.3 Controller System,
12. Delivery Drone Market, By End-Users
12.1 By End-Users
12.2 Retail & Logistics,
12.3 Food & Beverages,
13. Regional Analysis
13.2 North America
13.3.6 The Netherlands
13.3.7 Rest of Europe
13.4.2 South Korea
13.4.6 Rest of Asia-Pacific
13.5 The Middle East & Africa
13.5.3 South Africa
13.6 Latin America
13.6.3 Rest of Latin America
14. Company Profiles
14.1 The Boeing Company,
14.1.2 Products/ Services Offered
14.1.3 SWOT Analysis
14.1.4 The SNS view
14.2 Cheetah Logistics Technology,
14.3 DHL International GmbH,
14.4 Drone Delivery Canada Corp.,
14.7 Wing Aviation LLC,
14.8 Manna Aero,
14.9 Airbus SA,
15. Competitive Landscape
15.1 Competitive Benchmark
15.2 Market Share analysis
15.3 Recent Developments
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