impact of recession on your business
Delivery Drone Market

Delivery Drone Market Size, Share & Segment 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), and by Region | Global Market Forecast 2023-2030

Report Id: SNS/A&D/1123 | May 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Delivery Drone Market was USD 360.83 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 360.83 million by 2022 to USD 1.13 billion by 2030 at a CAGR of 53.94% during the period 2023-2030.

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.

Delivery Drone Market Revenue Graph

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.

KEY DRIVERS:

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.

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. 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

OPPORTUNITIES:

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.

CHALLENGES:

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.

Competitive Landscape

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:

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

Delivery Drone Market Segment Chart

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.

REGIONAL COVERAGE:

North America

  • USA

  • Canada

  • Mexico

Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

  • The 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

Delivery Drone Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 360.83 Million
Market Size by 2030 US$ 1.13 Billion
CAGR CAGR of 53.94% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8. Delivery Drone Market, By Type

8.1 Rotary-Wing

8.2 Fixed-Wing

 

9. Delivery Drone Market, By Capacity

9.1 >10kg

9.2 <10kg 

 

10. Delivery Drone Market,By Applications

10.1 Convenience Stores,

10.2 Healthcare,

10.3 E-Commerce,

10.4 Quick-Service Restaurant,

10.5 Others

 

11. Delivery Drone Market, By Components

11.1 Propulsion System,

11.2 Airframe,

11.3 Controller System,

11.4 Battery,

11.5 Camera,

11.6 Navigation,

11.7 Others

 

12. Delivery Drone Market, By End-Users

12.1 By End-Users

12.2 Retail & Logistics,

12.3 Food & Beverages,

12.4 Healthcare,

12.4 Others

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3    Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4    Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5    The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6    Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America

 

14. Company Profiles

14.1 The Boeing Company,

14.1.1 Financial

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.,

14.5 Flirtey,

14.6 FlyTrex,

14.7 Wing Aviation LLC,

14.8 Manna Aero,

14.9 Airbus SA,

14.10 Alibaba,

 

15. Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence center, our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real-time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but is not limited to getting rid of the many typos, duplication of numbers, or missing any important information. The people involved in this process include technical content writers, research heads, and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.