The global drone package delivery market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. One of the core factors that is fueling the market is increasing traffic jams on the road. The delivery system has been facing issues a big challenge in terms of delivering products on time to their destination in the past few years owing to the increasing traffic jam every year and the increasing number of personal vehicle sales. This situation has extended delivery time which has been harming a lot of suppliers. Thus, drone package delivery demand has been raised in the past few years as a solution to enhance the delivery experience of customers by delivering food safely on time.
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The COVID-19 pandemic raised the concern of the spread of the virus by contacting others which has increased the use of a drone for supplying food, and essential goods. It supported a lot of consumers to consume all the essentials while staying at home. This increased the demand for the drone in package delivery throughout the pandemic as it increased the importance of contactless deliveries to distant areas at a faster pace compared to old-style delivery networks. All these advantages benefitted the market as the situation normalized.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Drone Package Delivery Market by Type
- Rotary-wing
- Fixed-wing
Global Drone Package Delivery Market by Capacity
- Less than 10kg
- Greater than 10kg
Global Drone Package Delivery Market by End-User
- Food
- Healthcare
- Retail and Logistics
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Drone Delivery Canada Corp.
- FedEx Corp.
- Flirtey (SkyDrop)
- Flytrex Inc.
- Guangzhou EHang Intelligent Technology Co. Ltd.
- Matternet
- SKYCART INC.
- TechEagle Innovations Pvt. Ltd.
- Wing Aviation LLC
- Wingcopter GmbH
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global drone package delivery market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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