Delivery Drones Market 2018 - 2023 Top Key Players: Amazon, United Parcel Service, Uber Technologies, Skycatch, Airbus, Zipline International, Flirtey, FedEx Corporation

Market Research Future Published a Cooked Research “Global Delivery Drones Market Research Report - Forecast to 2023” - Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2023

Market Highlights

The delivery drones have significant implications on transportation companies that are engaged in transportation of high value products. As drone adoption accelerates, there will be shift from drone makers to the providers of drone-related services on the business front. Companies, such as Amazon, UPS, and Google, are experimenting with drones for delivery purposes instead of diesel-burning delivery trucks. Therefore, delivery drone sales are expected to rise significantly during the forecast period.

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Key Players

The key players in the delivery drone market are Amazon (U.S.), United Parcel Service (U.S.), JD.com (China), Uber Technologies Inc. (U.S.), EHANG (China), DJI (China), Skycatch Inc. (U.S.), Airbus S.A.S (France), Zipline International Inc. (U.S.), Alibaba (China), Flirtey (U.S.), FedEx Corporation (U.S.), and Google (U.S.).

Scope of the Report

This study provides an overview of the global delivery drone market, tracking three market segments across five regions. The report studies the key players, providing a five-year annual trend analysis that highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. The report also provides a forecast, focusing on the market opportunities for the next five years in each region. The study segments the global delivery drone market by type, component, application, capacity, and region.

Industry Scenario and Segmentation:

The global delivery drones market is segmented into type, component, application, capacity, and region. By type, the market has been segmented into rotary-wing drones and fixed-wing drones. Since, the rotary-wing drones are much suited for commercial applications, due to their VTOL (Vertical takeoff and landing) capability, ease of control and use, among others, the market for these drones is expected to grow at the highest rate during the forecast period.

By component, the market has been segmented into airframe, controller system, navigation system, propulsion system, battery, and others. Since, the companies are currently focusing on developing drone airframe structures with reduced size, high durability, and other improved features, the airframe segment of the market is expected to grow at the highest rate during the forecast period.

Likewise, by application, the market has been segmented by e-commerce, Quick Service Restaurants (QSR), convenience stores, healthcare, and others. The e-commerce segment of the market is expected to grow at the highest rate during the forecast period as there have been a high usage of drones for the delivery of products in the e-commerce industry. For instance, in 2016, Amazon signed a contract with the U.K government to test drones for package delivery. Such developments would further fuel the market.

By capacity, the market has been segmented into less than 10 Kg and more than 10 Kg. Since the Federal Aviation Administration (FAA) had put limitations on the weight carrying capacity of delivery drones to under 10 Kgs, the less than 10 Kg segment of the market is expected to grow at the highest rate during the forecast period.

In terms of region, the market in North America is expected to witness the highest growth during the forecast period. High production and increasing applications of delivery drones in commercial sectors are the major reasons for the high growth of this market. Similarly, in Asia-Pacific, the increasing government initiatives are expected to contribute to the growth of the regional market. Therefore, the global delivery drones market is estimated to witness a CAGR of more than 20% during the forecast period of 2018 to 2023.

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Regional Analysis:
In terms of region, the market in North America is expected to witness the highest growth during the forecast period. High production and increasing applications of delivery drones in commercial sectors are the major reasons for the high growth of this market. Similarly, in Asia-Pacific, the increasing government initiatives are expected to contribute to the growth of the regional market. Therefore, the global delivery drones market is estimated to witness a CAGR of more than 20% during the forecast period of 2018 to 2023.

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