Overview and Scope
Delivery drone services refer to the services provided by delivery drones, which are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages. The delivery drone service providers are engaged in providing contactless delivery services.
Sizing and Forecast
The delivery drone services market size has grown exponentially in recent years. It will grow from $5.32 billion in 2023 to $8.12 billion in 2024 at a compound annual growth rate (CAGR) of 52.8%. The growth in the historic period can be attributed to easing the regulations to support the operation of drones, increase in number of drones usage, demand for same day delivery and emergency supplies and private investments in drone industry.
The delivery drone services market size is expected to see exponential growth in the next few years. It will grow to $25.88 billion in 2028 at a compound annual growth rate (CAGR) of 33.6%. The growth in the forecast period can be attributed to easing the regulations to support the operation of drones, increase in number of drones usage, demand for same day delivery and emergency supplies and private investments in drone industry. Major trends in the forecast period include launching their services in different countries as governments are supporting the drone delivery services initiatives, introducing services to the healthcare industry for the delivery of vaccines and other medical products to remote areas, exploring opportunities in multi-site delivery operations. targeting online food delivery services platforms as the governments are granting permission for the usage of drones in food delivery services, investing in private companies to increase their reach by increasing the usage of drones in delivery services. delivery drone companies should consider introducing iot services for improved tracking and real time monitoring of the drones..
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Segmentation & Regional Insights
The delivery drone services market covered in this report is segmented –
1) By Package Size: Less than 2 kg, 2 kg to 5 kg, More than 5 kg
2) By Range: Less than or equal to 25 kms, More than 25 kms
3) By Application: E-Commerce, Medical Aids, Food Delivery, Others
Asia-Pacific was the largest region in the delivery drone services market in 2023. The regions covered in the delivery drone services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for drone deliveries during COVID-19 is expected to propel the growth of the delivery drone services market in the coming years. During COVID-19, contactless distribution is expanding, and drones play a crucial role in ensuring that companies and clients contact as little as needed. Drones are heading to the sky in massive numbers during the pandemic to bring vital goods and drugs to the population under lockdown. For instance, in March 2021, Gavi, an international organization that aimed at increasing vaccine equality around the world revealed that Zipline, a US-based company that designs, manufactures, and operates delivery drones has teamed with the Government of Ghana to assist in delivery of the much-anticipated COVAX vaccinations. Zipline has been an important part of Ghana's health system, particularly when it came to providing much-needed support for COVID-19 testing in remote areas during the pandemic's peak.
Key Industry Players
Major companies operating in the delivery drone services market report are Deutsche Post DHL Group, Zipline, United Parcel Service Inc., Matternet, Inc, Wing Aviation LLC, Uber Technologies Inc, FedEx Corporation, Flirtey, Flytrex, JD.com, Inc., Kotak Delivery Drone Services, IIFL Delivery Drone Services, Axis Bank Delivery Drone Services, Edelweiss Wealth Alibaba, SF Express, Meituan Unveils, Udaan, TAS, Dunzo, Zomato, Swiggy, Rakuten, Seiyu, Alibaba, Royal Mail, DPD France, Azure Drones,SAS, Parrot Drones, Terra Drone, Onyx Scan Advanced LiDAR systems, AltiGator Unmanned Solutions Amazon.com, Inc, Boeing, Drone Delivery Canada Corp, Aeryon Labs, Sky Guys, Amazon Prime Air, UPS Flight Forward, Speedbird Aero, Velbrax, XMobots, Santos Lab, Gyrofly Innovations, XFly Brasil, Novarum Sky Technology Ltd., Global Drone Tech, iFood, Latin American drone delivery company, Sky go, Zain group, Eniverse Technologies, Quix, Orbital Africa, Microdrone Africa, Astral Aerial, Ken drone, Geoid technologies ltd, UAV industries, Milkor pty ltd, Denel Dynamics, csir
The delivery drone services market report table of contents includes:
1. Executive Summary
2. Delivery Drone Services Market Characteristics
3. Delivery Drone Services Market Trends And Strategies
4. Delivery Drone Services Market - Macro Economic Scenario
5. Global Delivery Drone Services Market Size and Growth
...
32. Global Delivery Drone Services Market Competitive Benchmarking
33. Global Delivery Drone Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Delivery Drone Services Market
35. Delivery Drone Services Market Future Outlook and Potential Analysis
36. Appendix
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