Global Delivery Drones Market Report 2022 – Market Forecast, Trends And Strategies
7 Mar, 2022
The global delivery drone market size is expected to grow from $1.26 billion in 2021 to $1.47 billion in 2022 at a compound annual growth rate (CAGR) of 17.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The delivery drones market is expected to reach $3.74 billion in 2026 at a CAGR of 26.2%.
What is the Global Delivery Drones Market?
The delivery drones market consists of sales of delivery drones by entities (organizations, sole traders, and partnerships) that manufacture delivery drones. Delivery drones are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages. Delivery drones are function independently or remotely, with controllers theoretically monitoring several drones at once.
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What drives the Global Delivery Drones Market?
The increasing demand for drone deliveries during COVID-19 contributed to the growth of the delivery drones market. During COVID-19, contactless distribution expanded and drones play a crucial role in ensuring the companies and clients contact as little as needed. Drones were heading to the sky in massive numbers during the pandemic to bring vital goods and drugs to the population in lockdown. In 2020, Alphabet's drone delivery company Wing has seen significant growth in demand as individuals comply with social distancing guidelines during the COVID-19 outbreak. Many individuals have been using the service in recent months as the coronavirus pandemic continues, and Wing found that between February 2020 and April 2020, in Australia, the use of its service increased by 500%. Therefore, the increasing demand for drone deliveries during COVID-19 drives the growth of the delivery drones market.
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https://www.thebusinessresearchcompany.com/report/delivery-drones-global-market-reportGlobal Delivery Drones Market Segments
The global delivery drones market is segmented:
By Drone Type: Fixed Wing Drones, Rotor Drones, Hybrid Drones
By Weight: Less than 1 kg, 1 kg to 2 kg
By Application: E-Commerce, Quick-Service Restaurants (QSR), Healthcare, Others
By Geography: The regions covered in the delivery drones market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Delivery Drones Global Market Report 2022provides market size and growth forecasts for the global delivery drones market, global delivery drones market share, delivery drones market segments and geographies, delivery drones market competitive landscape including leading competitors’ revenues, profiles and market shares. The delivery drones market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Delivery Drones Industry Playersinclude Airbus SE, DJI Technology Co. Ltd, Flirtey, EHANG, Zipline, Uber Technologies Inc., United Parcel Service of America Inc., Alibaba Group Holding Ltd, Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc, JD.com, Matternet Inc., and The Boeing Company. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.