The latest market intelligence report, titled ‘Global Drone Package Delivery Market’, is intended to provide the target audience with the necessary information about the global Drone Package Delivery industry. The report comprises a detailed analysis of the vital elements of the Drone Package Delivery market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The global drone package delivery market size is expected to reach USD 18.65 Billion at a steady CAGR of 54.5% in 2028, according to latest analysis by Emergen Research. Steady global drone package delivery market revenue growth can be attributed to growing need for faster and secure delivery, especially for retail supplies. Drone package delivery is garnering significant traction due to rapid growth of the e-commerce industry and shifting consumer focus and demand for timelier parcel and package delivery.
Reducing the time to deliver packaged goods from warehouse to doorstep of consumers or locations specified by consumers is the primary objective behind adoption of drone delivery by e-commerce firms. For instance, according to Amazon, the key reason behind its Prime Air service is to deliver parcels to customers using drones within 30 minutes from time of order being placed. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Drone Package Delivery market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Reports and Data, is a detail-oriented compilation of the crucial aspects of the Drone Package Delivery market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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The global Drone Package Delivery market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Drone Package Delivery market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
- FedEx Corporation,
- Workhorse Group Inc.,
- Amazon,
- The Boeing Company,
- Zipline,
- Skycart Inc.,
- Matternet Inc.,
- Deutsche Post DHL Group,
- Fli Drone, and
- EHang
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Drone package delivery market in North America accounted for largest revenue share in 2020, attributed to rising adoption of advanced technologies in the retail (including e-commerce) and healthcare sectors. In addition, increasing defense budget and presence of leading drone manufacturing companies in the region is driving market growth.
Emergen Research has segmented the global drone package delivery market on the basis of drone type, range, package weight, duration of flight, application, and region:
Drone Type Outlook (Revenue, USD Million; 2018–2028)
- Fixed Wing
- Rotary Wing
- Hybrid
Range Outlook (Revenue, USD Million; 2018–2028)
- Long Range (above 25 Km)
- Short Range (less than 25 Km)
Package Weight Outlook (Revenue, USD Million; 2018–2028)
- Less than 2 Kg
- 2 Kg to 5 Kg
- Above 5 Kg
Duration of Flight Outlook (Revenue, USD Million; 2018–2028)
- Less than 30 Minutes
- Over 30 Minutes
Application Outlook (Revenue, USD Million; 2018–2028)
- Retail & E-Commerce
- Food Delivery
- Medical
- Logistics
- Agriculture
- Military
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