Global Drone package delivery Market; By Range (Short range, long range); By application (consumer, military, commercial, government & law enforcement, and); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030

Product overview

Delivery drone is a type of aerial vehicle (UAV), which can be used during the last miles of delivery for distribution to consumers. In general, these drones are equipped with four to eight propellers, a rechargeable battery, and lightweight containers. They can be controlled independently or remotely with the technology of artificial intelligence, with flight control centers and flight operators. With drone technology already evolving, it is now possible to avoid collisions with other flight drones, fly through urban environments and the use of smart landing technologies. Some drones can carry missiles and reach the target with great precision. These devices are also suitable for supplying food and water in areas affected by natural disasters, including floods and earthquakes.

Market Highlights

Fatpos Global anticipates the Drone package delivery market to surpass USD XXXX Billion by 2030, which is valued at XXXX billion in 2019 at a compound annual growth rate of XX%. One of the key factors in the growth of the drone delivery market is the rise in the global procurement of military drones by defense forces. The increase in demand for faster supply of goods and improvements to the regulatory environment to enable the distribution of drone deliveries are the main factors that will fuel market growth in the forecasted years.

Source: Fatpos Global

Recent Highlights in Global Drone package delivery market

• Zomato, the leading food delivery network in India, recently tested food supply using drones, in June 2019.
• In October 2019, Applications by many companies to introduce their Drone Package delivery programs in India were accepted by the General Civil Aviation Directorate (DGCA), India’s Civil Aviation Regulatory Authority. According to the DGCA, these companies will be allowed to supply drone packaging in India by 2020.
• In May 2018, Ele.me, a leading food supply platform based in China, began supplying the country with food by drones. It began the delivery of food packages in Shanghai by drones on around 17 different routes.

Drone package delivery Market: Segments

Global market has been segmented on the basis of Range, application. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East, and Africa.

By Range (in %), Global Drone package delivery Market, 2019

In 2019, the Short-range segment of the UAV market dominated the market and accounted for XX% of the global market.

Global Drone package delivery market is segmented by Range into Short-range and long-range.

This growth was anticipated due to the increase in the usage of commercial and consumer applications. Fast delivery of goods and packages such as drugs and food is being increasingly requested. Generally, short-range delivery drones are used for local short-range packaging delivery. They are drones, which can be loaded up to 25 kilometers away, enable product delivery immediately after online shopping.

By application (in %), Global Drone package delivery Market, 2019

The commercial segment of the UAV market is anticipated to grow at the highest CAGR from 2019 to 2030

Global Drone package delivery market is segmented by application into the military, commercial, government & law enforcement, and consumer.

The increased use of drones in various commercial applications, including product distribution may attribute to this growth. Other factors such as the instant need for the product in commercial sectors such as food and medicine and rising demand for perishable goods to be delivered by drones created opportunities for market growth.

Source: Fatpos Global

Global Drone package delivery Market: Drivers and Restraints

Drivers

• Surging need for faster deliveries

Increased demand for faster deliveries, improvements to the regulatory structure for the production of drone packages and increased use of low-cost and light-weight drones for product production by start-ups are key factors boosting the drone package delivery.

Restraints

• Lack of traffic regulations

Government restrictions on the use of drones and the lack of air traffic control legislation will impede growth in the global drone packaging delivery market. The usage of aircraft is regulated for commercial purposes by the Federal Aviation Administration (FAA). A license is required and flying regulations need to be followed for the correct functioning of air traffic, failure to which can lead to serious civil penalties.

• Lack of infrastructure

The lack of necessary infrastructure in emerging economies to support drone supply limits global market growth.

Global Drone package delivery Market: Regions

Asia is expected to hold XX% of global market share and is anticipated to grow at the highest CAGR.

The most important drone product supply applications in the Asia Pacific are retail and E-Commerce, followed by health care and pharmaceuticals, China and Japan are the region's main driving markets and lead in the production of state-of-the-art commercial delivery drones.

Source: Fatpos Global

Global Drone package delivery market is further segmented by region into:

• North America Market Size, Share, Trends, Opportunities, Y-o-Y

    Growth, CAGR – United States and Canada

• Latin America Market Size, Share, Trends, Opportunities, Y-o-Y

    Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America

• Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium,

    Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia,

    Turkey and Rest of Europe

• APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New

    Zealand, Australia and Rest of APAC

• MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth,

    CAGR – North Africa, Israel, GCC, South Africa

Global Drone package delivery Market: Key Players

• Amazon.com Inc. (US)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• United Parcel Service of America
• Boeing (US)
• Matternet, Inc. (US)
• Flirtey (US)
• Flytrex (Israel)
• Cheetah Logistics Technology (US)
• Skycart Inc. (US)
• DroneScan (South Africa)
• Fli Drone (Caribbean)
• DHL International GmbH (Germany)

Global Drone package delivery market report also contains analysis on:

• Global Drone package delivery Market Segments:
  • By Range into:
    • Long-range
    • Short-range
  • By application into
    •  Military
    • Commercial
    • Government & law enforcement
    • Consumer.
    • Others

• Global Drone package delivery Market Dynamics
• Global Drone package delivery Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints