The Drone Package Delivery Market Is Estimated To Reach $9.21 Billion By 2027 At A CAGR Of 44.7% – Includes Drone Package Delivery Market Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
The increasing demand for drone deliveries during COVID-19 are expected to drive innovation in drone package delivery manufacturing, thus driving the market during the forecast period.
The global drone package delivery market is expected to grow from $1.46 billion in 2022 to $2.10 billion in 2023 at a compound annual growth rate (CAGR) of 43.9%. The drone package delivery market size is expected to grow to $9.21 billion in 2027 at a CAGR of 44.7%.
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Global Drone Package Delivery Market Segments Include:
- By Drone Type: Fixed Wing, Rotor Drone, Hybrid Drones
- By Range: Short <25 Kilometers, Long >25 Kilometers
- By Package Size: < 2 Kilograms, 2 – 5 Kilograms, > 5 Kilograms
- By Application: E-Commerce, Quick Service Restaurant, Convenience Stores, Healthcare, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global drone package delivery market in 2021.
Major Market Players in the drone package delivery market include Amazon.com, Inc., United Parcel Service of America, Inc., Zipline, FedEx, DHL International GmbH, Boeing, Matternet, Inc.
The growing technological advancements are a key trend gaining popularity in the drone package delivery market. Over the last several years, drones have become extremely prevalent as many individuals and organizations completely accept and incorporate this technology into their business model. For instance, in May 2022, Skyway, an air traffic navigation provider partnered with Zing Drone Delivery, tested their first-ever food product delivery by drone. Zing’s advanced delivery systems were used in cooperation with strategic partners to bring its services to the area.
The Drone Package Delivery Global Market Report 2023 provides a drone package delivery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The drone package delivery market forecast analyzes drone package delivery market size, drone package delivery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Drone package delivery refers to the services that deliver packages through drones. Delivery drones are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages. Delivery drones are functioned independently or remotely, with controllers theoretically monitoring several drones at one time.
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