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.
Impact of COVID-19 Pandemic on Global Drone Package Delivery Market
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.
Segmental Outlook
The global drone package delivery market is segmented based on type, capacity, and end-user. Based on the type, the market is segmented into rotary-wing, and fixed-wing. Based on the capacity, the market is segmented into less than 10kg, and greater than 10kg. Based on the end-user, the market is sub-segmented into food, healthcare, retail, and logistics. The above-mentioned segments can be customized as per the requirements. Based on the end-user, retail, and logistics are anticipated to hold the prominent share in the market while based on capacity, less than 10 kg segment is expected to hold the prominent share during the forecast period.
Global Drone Package Delivery Market Share by End-User, 2021 (%)
The Retail and Logistics Segment Projected to Hold Prominent Share in the Global Drone Package Delivery Market
The retail and logistics segment is anticipated to hold a prominent share in the market during the forecast period owing to the amplified demand for drones for delivering packages and parcels from retailers, last-mile delivery companies, e-commerce providers, shore-to-ship drone operations, and postal companies to consumers, and end-users. Local postal authorities and major e-commerce companies are collaborating with local governments for launching drone delivery services for minimizing the efforts to deliver parcels and packages to mountainous areas, remote islands, and cities. For instance, in October 2021, Royal Mail did testing of autonomous Unmanned Aerial Vehicle (UAV) with Windracers Ltd. from Kirkwall to North Ronaldsay. The test was a part of the Sustainable Aviation Test Environment (SATE) project situated at Kirkwall Airport.
Regional Outlooks
The global drone package delivery market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is estimated to hold the prominent share in the market while the Asia-Pacific is anticipated to grow at the fastest rate during the forecast period.
Global Drone Package Delivery Market Growth, by Region 2022-2028
The Asia-Pacific Region Anticipated to Grow Fastest in the Global Drone Package Delivery Market
Based on region, Asia-Pacific is expected to witness the fastest growth in the market during the forecast period owing to the growing support for commercial drone operations in the region which is driving the growth of drone delivery processes. China is the largest market for drone package delivery due to an increase in the drone delivery processes from major e-commerce companies such as Alibaba Group and JD.com. For instance, in January 2021, the government of China reported a new Specification for Express Delivery Service via Unmanned Aircraft (Standard) via the State Post Bureau of the People's Republic of China. The Standard was developed by JD.com, EHang, and ZTO Express for improving the last-mile delivery service and to encourage the expansion of intelligent aerial logistics in the urban air mobility (UAM) industry.
Market Players Outlook
The major companies serving the global drone package delivery market include Airbus S.A.S., Amazon.com, Deutsche Post AG, SZ DJI Technology Co., Ltd., Zipline International Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2021, Drone Delivery Canada (DDC) successfully executed the primary test of its next-generation Sparrow unmanned aerial system (UAS). The drone was tested for its communications with the Flyte management system, avionics system configuration, and the next generation smart battery system, testing of the onboard sensors, and propulsion system.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Drone Package Delivery Market
• Recovery Scenario of Global Drone Package Delivery Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Airbus S.A.S.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Amazon.com
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. Deutsche Post AG
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. SZ DJI Technology Co., Ltd.
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. Zipline International Inc.
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Drone Package Delivery Market by Type
4.1.1. Rotary-wing
4.1.2. Fixed-wing
4.2. Global Drone Package Delivery Market by Capacity
4.2.1. Less than 10kg
4.2.2. Greater than 10kg
4.3. Global Drone Package Delivery Market by End-User
4.3.1. Food
4.3.2. Healthcare
4.3.3. Retail and Logistics
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Drone Delivery Canada Corp.
6.2. FedEx Corp.
6.3. Flirtey (SkyDrop)
6.4. Flytrex Inc.
6.5. Guangzhou EHang Intelligent Technology Co. Ltd.
6.6. Matternet
6.7. SKYCART INC.
6.8. TechEagle Innovations Pvt. Ltd.
6.9. Wing Aviation LLC
6.10. Wingcopter GmbH
1. GLOBAL DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL ROTARY WING DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL FIXED-WING DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
5. GLOBAL DRONE PACKAGE DELIVERY FOR LESS THAN 10KG MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL DRONE PACKAGE DELIVERY FOR GREATER THAN 10KG MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
8. GLOBAL DRONE PACKAGE DELIVERY FOR FOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL DRONE PACKAGE DELIVERY FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL DRONE PACKAGE DELIVERY FOR RETAIL AND LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
12. NORTH AMERICAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
16. EUROPEAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
19. EUROPEAN DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
24. REST OF THE WORLD DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. REST OF THE WORLD DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY CAPACITY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD DRONE PACKAGE DELIVERY MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL DRONE PACKAGE DELIVERY MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL DRONE PACKAGE DELIVERY MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL DRONE PACKAGE DELIVERY MARKET, 2022-2028 (%)
4. GLOBAL DRONE PACKAGE DELIVERY MARKET SHARE BY TYPE, 2021 VS 2028 (%)
5. GLOBAL ROTARY WING DRONE PACKAGE DELIVERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL FIXED-WING DRONE PACKAGE DELIVERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL DRONE PACKAGE DELIVERY MARKET SHARE BY CAPACITY, 2021 VS 2028 (%)
8. GLOBAL DRONE PACKAGE DELIVERY FOR LESS THAN 10KG MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL DRONE PACKAGE DELIVERY FOR GREATER THAN 10KG MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL DRONE PACKAGE DELIVERY MARKET SHARE BY END-USER, 2021 VS 2028 (%)
11. GLOBAL DRONE PACKAGE DELIVERY FOR FOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
12. GLOBAL DRONE PACKAGE DELIVERY FOR HEALTHCARE MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL DRONE PACKAGE DELIVERY FOR RETAIL AND LOGISTICS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL DRONE PACKAGE DELIVERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. US DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
16. CANADA DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
17. UK DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
18. FRANCE DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
19. GERMANY DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
20. ITALY DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
21. SPAIN DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
22. REST OF EUROPE DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
23. INDIA DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
24. CHINA DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
25. JAPAN DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
26. SOUTH KOREA DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF ASIA-PACIFIC DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD DRONE PACKAGE DELIVERY MARKET SIZE, 2021-2028 ($ MILLION)