Scope of the Study
Drone delivery is the delivery of a package by an unmanned aerial vehicle. The drones are capable of carrying up to the capacity of 2 kilograms and are used for delivery of foods and medicine during the natural calamities, medical emergencies or any other situations. The delivery drones can also travel over 25 kilometres and hence can deliver long distance parcels and package. Hence, the increasing applications in commercial sectors and various benefits of delivering packages through drones are fueling the market growth.
The market study is being classified, by Application (E-commerce, Quick service restaurant, Convenience stores, Healthcare and Others) and major geographies with country level break-up.
Amazon.com, Inc. (United States), FedEx (United States), United Parcel Service of America, Inc. (United States), Boeing (United States), DHL International GmbH (Germany), Matternet, Inc. (United States), Zipline (United States), Flirtey (United States), Drone Delivery Canada Corp. (Canada) and Flytrex (Israel) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Workhorse Group Inc. (United States), Cheetah Logistics Technology (United States), Wing Aviation LLC (United States), Airbus S.A.S. (Netherlands), Skycart Inc. (United States), DroneScan (South Africa), Edronic (Spain), Altitude Angel (United Kingdom), Fli Drone (Caribbean) and BIZZBY (United Kingdom).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Drone Delivery market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Drone Delivery market by Type, Application and Region.
On the basis of geography, the market of Drone Delivery has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Demand of Instant Delivery of Medical Packages is Fueling the Market
- Government Imposed Lockdown due to Coronavirus Pandemic is increasing the Usage of Drones for Food Delivery to Avoid Contact.
- Increasing Developments of Drones Capable for Long Distance Delivery
- Stringent Government Regulations Federal Aviation Administration (FAA) is Hampering the Market
- High Costs Associated with Drones
- Increasing Application of Drones in Commercial Sector
- Rising Awareness of Delivery Drones
- Limited Range Of Delivery Drones
On 20th February 2019, Drone Delivery Canada has launched its newest cargo drones, the condor. It is capable of 180 kg of payload and can travel 200 km distance. It has a wing span of 20 feet and powered by gas propulsion engine.
Key Target AudienceDrone delivery service providers, Drone manufacturers, Food delivery companies, Pharmaceuticals, Government associations, Research organizations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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