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 Drone Package Delivery Market research examines a number of competitive market factors, including recent industry-wide regulatory requirements and regulations that have been put in place. Our team of industry professionals has used a number of strong analytical tools, including Porter's Five Forces analysis and SWOT analysis, to provide a thorough overview of the worldwide Drone Package Delivery market and identify the key growing trends.
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The global Drone Package Delivery industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
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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Additional information offered by the report:
- Along with a complete overview of the global Drone Package Delivery market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Drone Package Delivery market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Drone Type Outlook (Revenue, USD Million; 2018–2028)
- Fixed Wing
- Rotary Wing
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
Radical Highlights of the Drone Package Delivery Market Report:
- Comprehensive overview of the Drone Package Delivery market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Drone Package Delivery market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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