Drone Delivery Service Market Share, Forecast, Overview and Key...

Drone Delivery Service Market Share, Forecast, Overview and Key Companies Analysis by 2028

Posted 2021-07-22 05:04:44

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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. Nations across regions like Asia Pacific and Europe are likely to be the new revenue-generating markets for unmanned aerial vehicles. Additionally, various exemptions approved by the Federal Aviation Administration (FAA) to allow and commercialize the utilization of drones across several industries are also driving the growth of the drone logistics and drone transportation market.

The report provides detailed insights into Drone Delivery Service market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Drone Delivery Service market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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The steady Drone Delivery Service market share growth can be attributed to a variety of factors and trends in the global Drone Delivery Service market currently. Global Drone Delivery Service market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Drone Delivery Service market share growth over the forecast period.

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. Capable of a total flight range of 18 miles and a round-trip delivery range of 12 miles Uber's VTOL (Vertical Take-off and Landing) drone comes equipped with rotating wings with six rotors which can travel up to eight minutes without any hassle. These kinds of technologies are likely to boost the growth of the drone delivery services market over the coming years.

In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Drone Delivery Service market share contribution of these countries. In addition, Drone Delivery Service market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

Top key vendors in Drone Delivery Service Market include are:

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.

For the purpose of this report, Emergen Research has segmented into the global Drone Delivery Service Market on the duration, range, package size, application, and region:

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
- Others

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In terms of Drone Delivery Service market share and revenue contribution to the global Drone Delivery Service market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Drone Delivery Service market share.

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Drone Delivery Service Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Drone Delivery Service industry

Asia Pacific market share contribution to the global Drone Delivery Service market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Drone Delivery Service market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.

Steady increase in Europe Drone Delivery Service market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Drone Delivery Service market going ahead.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/204

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Drone Delivery Service industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Drone Delivery Service market across different regions?
Who are the major driving forces expected to decide the fate of the Drone Delivery Service industry worldwide?
Who are the prominent market players making a mark in the Drone Delivery Service market with their winning strategies?
Which Drone Delivery Service industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Drone Delivery Service market?

Table of Content

Chapter 1. Methodology & Sources

1.1. Drone Delivery Service Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Drone Delivery Service Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028