Drone Package Delivery Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Drone Package Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global drone package delivery market grew at a CAGR of around 30% during 2014-2019. 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.

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. Looking forward, IMARC Group expects the global drone delivery package market to continue its strong growth during the next five years.

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 for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, solution, duration, range, capacity, type, component and end-use industry.

Breakup by Solution:

Platform
Infrastructure
Software
Service

Breakup by Duration:

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

Breakup by Range:

Short Range (<25 kilometres)
Long Range (>25 kilometres)

Breakup by Capacity:

<2 kilograms
2-5 kilograms
>5kilograms

Breakup by Type:

Rotary-Wing
Fixed Wing

Breakup by Component:

Airframe
Controller System
Propulsion System
Camera
Navigation
Battery
Others

Breakup by End-Use Industry:

Food and Beverages
E-Commerce
Healthcare
Postal Services
Others

Breakup by Region:

North America
- United States
- Canada
Europe
- Germany
- France
- Others
Asia-Pacific
- China
- Japan
- Australia
- 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, Inc., Skycart Inc., United Parcel Service of America Inc., Workhorse Group Inc and Zipline.

Key Questions Answered in This Report:

How has the global drone package delivery market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global drone package delivery market?
What are the key regional markets?
What is the breakup of the market based on the solution?
What is the breakup of the market based on the duration?
What is the breakup of the market based on the range?
What is the breakup of the market based on the capacity?
What is the breakup of the market based on the type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the end-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global drone package delivery market and who are the key players?
What is the degree of competition in the industry?