DUBLIN, March 1, 2021 /PRNewswire/ -- The "Global Drone Delivery Service Market: Focus on Drone Type, Package Size, Range, and Application - Analysis and Forecast, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Drone Delivery Service Market Anticipated to Reach $4,953.0 Million by 2030
The drone delivery service market analysis projects that the market is expected to grow at a significant CAGR of 14.5% on the basis of value during the forecast period from 2023 to 2030.
Asia-Pacific is expected to dominate the global drone delivery service market with a share of 39% by value in 2023. Asia-Pacific, including the major countries, such as China, Japan, Singapore, and Korea are the most prominent regions for the drone delivery service market. In North America, the U.S. is expected to acquire a major market share in 2023 due to the increasing demand for fast last-mile deliveries.
The global drone delivery service market has gained widespread importance owing to the growing demand for instant or same-day delivery globally, need of medical supply in remote areas, and contactless deliveries for hygienic purposes. However, consumer acceptance is a major challenge and drone sensitivity are some of the factors that are restraining the market growth.
In addition, the delivery drones are majorly used food delivery, e-commerce deliveries, postal deliveries, and medicine supply, among others. Further, the report also describes the opportunities for drone manufacturers based on their wing type, flight time, and payload capacity.
According to Deepshika Shukla, Research Associate, "The global drone delivery service market is expected to witness a high growth rate during the forecast period 2023-2030, owing to the growing usage of delivery drones in emerging countries for fast, reliable, and low-cost last-mile delivery services. However, the lack of customer's acceptance toward autonomous technologies acts as a major challenge for the market. The rising demand for instant deliveries is expected to create viable opportunities for the drone delivery service market."
Key Questions Answered in this Report:
What are the growth opportunities for drone delivery service for different applications and regions?
What is the revenue expected to be generated by different types of drone delivery service market during the forecast period 2023-2030?
What is the revenue expected to be generated by different regions such as North America, Europe, Asia-Pacific, and Rest-of-the-World (RoW) during the forecast period 2023-2030?
Which are the key companies currently operating in the drone delivery service market?
Which global factors are expected to impact the drone delivery service market in the next ten years?
What are the key developments by the drone delivery service market players?
Some of the key players in the global drone delivery service market include:
Amazon Prime Air
Cheetah Logistics Technology
DHL International GmBH
Drone Delivery Canada Corp.
Wing Aviation LLC (Alphabet)
Uber Technologies Inc.
United Parcel Service
Key Topics Covered:
1 Market Dynamics
1.1 Market Drivers
1.1.1 Increase in Demand for Faster Delivery
1.1.2 Increasing Need for Contactless Deliveries for Safety Purposes
1.2 Market Challenges
1.2.1 Congested Airspace in Urban Areas and Inherent Risks
1.2.2 Limited Battery Life of Aerial Delivery Drone
1.3 Market Opportunities
1.3.1 Advancements in Drone Technologies
1.3.2 Drone Delivery Opening Up the New Market for Drone Management Industry
2 Competitive Insights
2.1 Key Companies in the Global Drone Delivery Service Market
2.2 Key Strategies and Developments
2.2.1 Partnerships and Contracts
2.2.2 Service Launches and Test Flights
2.2.3 Other Key Developments
2.3 Drone Regulations
3 Global Drone Delivery Service Market, 2023-2030
3.1 Assumptions and Limitations
3.2 Market Overview
4 Global Drone Delivery Service Market (by Drone Type)
4.1 Market Overview
4.2 Rotor Wing
4.3 Fixed Wing
4.4 Hybrid Wing
5 Global Drone Delivery Service Market (by Package Size), 2023-2030
5.1 Market Overview
5.2 Less Than 2kg
5.3 2kg to 5kg
5.4 More than 5kg
6 Global Drone Delivery Service Market (by Application), 2023-2030
6.1 Market Overview
6.3 Medical Aids
6.4 Food Delivery
7 Global Drone Delivery Service Market (by Range), 2023-2030
7.1 Market Overview
7.2 Less Than or Equals to 25 Km
7.3 More than 25 Km
8 Global Drone Delivery Service Market (by Region)
8.1 Market Overview
8.2 North America
9 Research Scope and Methodology
9.1 Scope of the Report
9.2 Global Drone Delivery Service Market Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/8w1krc
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets