The growth of the market is attributed to the increase in the demand for faster delivery coupled with growing demand for lowering carbon emissions
The global Drone Delivery Service Market will be worth USD 9.51 billion by 2027, according to a current analysis by Emergen Research. The growing usage of drones across commercial applications like food delivery and medical aids delivery is one of the key factors projected to fuel the growth of the drone delivery service market.
There are various types of drones used by companies. Several companies have been trying to implement rotary-wing drones as a potential platform for logistics, thereby investing on them in this regard. As an example, Uber Eats made the details about their plans for food delivery via drones in October 2019 public.
The latest market intelligence report, titled ‘Global Drone Delivery Service Market’, is intended to provide the target audience with the necessary information about the global Drone Delivery Service industry.
Accelerating demand for study as well as its corresponding development of lithium-metal batteries is anticipated to fuel growth of the drone delivery service market over the forecasted span. This is because in a single charge, a lithium-metal battery aids the drone to cover longer distances. Furthermore, the size of these batteries are half that of a lithium-ion battery and it can hold equal amount of charge as a bigger lithium-ion battery.
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The drone delivery services market in the North American region held the highest market share in 2019 and is likely to continue its dominance over the coming years. This accelerating growth can be attributed to the growing demand for UAVs from the commercial as well as military sectors of countries in the region, such as the US and Canada.
Key highlights of the Global Drone Delivery Service Market report:
- The latest report performs an in-depth study of the potential opportunities and risks associated with the global Drone Delivery Service market, alongside studying the recent innovations and major events.
- It offers a conclusive study of the future growth trajectory of the Drone Delivery Service market and throws light on various market drivers, challenges, and constraints.
- A detailed synopsis of the market includes the rapidly changing market dynamics and an accurate prediction of the current, historical, and forecast market size in terms of volume and value
- The intensely competitive atmosphere of the global Drone Delivery Service market detailed in the report stresses on the product offerings and key strategies adopted by the established market players to strengthen their foothold in the industry.
- Key participants include., FedEx, Amazon.com, Inc, Boeing, DHL International GmbH, Matternet, Inc., United Parcel Service of America, Zipline, Drone Delivery Canada Corp., Flirtey, Workhorse Group Inc. and Flytrex among others.
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The research study presents an industry-wide summary of the Drone Delivery Service market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Drone Delivery Service7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Drone Delivery Service market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
- Duration Outlook (Revenue, USD Billion; 2017-2027)
- Short Duration (<25 kilometers)
- Long Duration (>25 kilometers)
- Range Outlook (Revenue, USD Billion; 2017-2027)
- Short Range (<25 kilometers)
- Long Range (>25 kilometers)
- Package Size Outlook (Revenue, USD Billion; 2017-2027)
- <2 kilograms
- 2-5 kilograms
- >5 kilograms
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Food Delivery
- Retail Goods Delivery
- Postal Delivery
- Medical Aids Delivery
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The Drone Delivery Service industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions ask to our team:
- What is the growth rate of the Drone Delivery Service market? What is the anticipated market valuation of the Drone Delivery Service industry by 2027?
- What are the key growth driving and restraining factors of the Drone Delivery Service market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Drone Delivery Service industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content Drone Delivery Service market”
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Drone Delivery Service Market Segmentation & Impact Analysis
4.1. Drone Delivery Service Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
220.127.116.11. Growing demand for faster delivery among consumers
18.104.22.168. Growing usage of affordable and light-pay load drones for product delivery by startups
22.214.171.124. Changes in regulatory framework in order to encourage drone delivery package
4.2.3. Market restraints analysis
126.96.36.199. Limited battery life and bandwidth of aerial delivery drones
188.8.131.52. Emerging economies have inappropriate infrastructure to support drone delivery operations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Drone Delivery Service Market By Duration Insights & Trends, Revenue (USD Million)
5.1. Duration Dynamics & Market Share, 2019 & 2027
5.1.1. Short Duration (<30 minutes)
5.1.2. Long Duration (>30 minutes)
Chapter 6. Drone Delivery Service Market By Range Insights & Trends, Revenue (USD Million)
6.1. Range Dynamics & Market Share, 2019 & 2027
6.1.1. Short Range (<25 kilometers)
6.1.2. Long Range (>25 kilometers)
Chapter 7. Drone Delivery Service Market By Package Size Insights & Trends, Revenue (USD Million)
7.1. Package Size Dynamics & Market Share, 2019 & 2027
7.1.1. <2 kilograms
7.1.2. 2-5 kilograms
7.1.3. >5 kilograms
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