Market Overview 2022-2027:

The global drone package delivery market size reached US$ 904 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,898 Million by 2027, exhibiting a growth rate (CAGR) of 26.42% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

A delivery drone refers to an unmanned aerial vehicle (UAV) primarily deployed for express delivery of food items, parcels, medicines, and other goods. It mainly comprises of four to eight propellers and rechargeable batteries that provide thrust and carry packages underneath the drone body. Delivery drones are remotely operated from a ground controlling facility that is efficient in navigating and monitoring multiple drones simultaneously. These drones can easily maneuver in remote locations and help in saving shipping time and costs involved in conventional delivery methods. As a result, drone package delivery is widely adopted across diverse sectors, including e-commerce, food service, retail, logistics, healthcare, etc.

Drone Package Delivery Market Trends:

The expanding e-commerce sector coupled with the increasing demand for express delivery of goods is primarily augmenting the market for drone package delivery. Additionally, the growing popularity of quick-service restaurants and the rising inclination towards instant delivery of farm-fresh food items are also driving the demand for drone package delivery. Moreover, the increasing penetration of automated delivery solutions along with growing concerns towards traffic congestion leading to the delayed delivery process, is further propelling the need for delivery drones. In addition to this, the rising adoption of long-range delivery drones by several military and disaster management units for providing food packages and medicines during natural calamities is also augmenting the market growth. In the healthcare sector, the growing utilization of aerial delivery solutions for transporting blood specimens, drugs, and first aid services, during medical emergencies is further catalyzing the market. Apart from this, the rising integration of drone package delivery systems with sensors, night-vision cameras, landing pads, collision control equipment, etc., is further driving the market growth. Several innovative technologies, such as AI, GPS, IoT, cloud computing, etc., have led to the emergence of highly-advanced delivery drones. These technologies offer several benefits, including real-time monitoring, air traffic management, integrated flight planning, easy navigation, and smooth delivery of packages, thereby bolstering the global market for drone package delivery.

The outbreak of the COVID-19 pandemic, in early 2020, has resulted in a positive impact on the growth of the drone package delivery market. The increasing adoption of long-range delivery drones for delivering medical supplies and essential goods, while complying to the social distancing norms, is currently driving the market. Several e-commerce platforms and food delivery facilities are getting inclined towards drone delivery solutions to mitigate the risks of coronavirus infection via human interaction.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global drone package delivery market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on solution, duration, range, capacity, type, end-use industry and region.

Breakup by Solution:

• Service
• Platform
• Infrastructure
• Software
   

Breakup by Duration:

• Short Duration (<30 minutes)
• Long Duration (>30 minutes)
   

Breakup by Range:

• Short Range (<25 kilometers)
• Long Range (>25 kilometers)

Breakup by Capacity:

• <2 kilograms
• 2-5 kilograms
• >5 kilograms
   

Breakup by Type:

• Rotary Wing
• Fixed Wing
• Hybrid
   

Breakup by End-Use Industry:

• E-Commerce
• Healthcare
• Food and Beverages
• Postal Services
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Europe
  • United Kingdom
  • Germany
  • France
  • Others
• Asia-Pacific
  • China
  • Australia
  • Japan
  • Others
• Other Regions
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Amazon Inc., Airbus SE, DHL International GmBH (Deutsche Post AG), Drone Delivery Canada Corp., Flirtey, Flytrex, Matternet Inc., Rakuten Group, Inc., Skycart Inc., United Parcel Service of America Inc., Workhorse Group Inc and Zipline.

Report Coverage: