Delivery Drones Market: Information, Figures and Analytical Insights 2018- 2026

Delivery drones have witnessed significant adoption in the transport & logistics applications during the forecast period, owing to increasing development in drones industry for introduction of high payload drones for sectors such as logistics and goods delivery. However, complex terrain and limited range of delivery drones are some major factors expected to restrain growth of the market during the forecast period. Requirements of proper knowledge and high expertise for maneuvering delivery drones are another factors hampering growth of the delivery drones market.

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Market Dynamics

The global delivery drones market growth is attributed to rise in demand of delivery drones in e-commerce, healthcare sector, and quick service restaurants for transportation and logistics of goods are some of the major factors driving growth of the delivery drones market. For instance, goods delivery companies such as Amazon, Google, and UPS are experimenting in Unmanned Aerial Vehicles (UAVs) for delivery of goods in different areas. In addition to this, in 2017, Airbus released Skyways drone delivery services in Singapore. Furthermore, e-commerce industry players are focusing in the development of drones for transportation and delivery of goods. For instance, in 2016, Amazon signed a contract with the UK government for testing of drones for goods delivery. In December 2016, Amazon delivered its first product in the UK through autonomous drones. According to the company the product was delivered to the customer after 13 minutes of order. Such factors are expected to boost growth of the delivery drone market in the near future.

Global delivery drones market is expected to witness significant growth during the forecast period (2018–2026). The market growth is majorly attributed to increasing adoption of drones in different applications in transport and logistics sector. Furthermore, as per Coherent Market Insights, growth of the market of delivery drones is also propelled by the drone industry growth, which was pegged at 2.2 million units in 2016and is expected to witness high growth during the forecast period.

North America is expected to be the largest and fastest growing market for delivery drones during the forecast period, owing to increasing adoption of drones for numerous transportation and logistics applications. As per Coherent Market Insights, in 2015, the drone industry witnessed a steep growth due to new regulations from agencies such as Federal Aviation Administration (FAA), which granted new exemptions for companies to operate drones in the U.S. This is another factor expected to aid in growth of the market.

Global Key Players:
Companies covered as part of this study include the Boeing Company, Airbus SE, CyPhy Works, JD.com, SKYCART Inc., Drone America, Matternet, SZ DJI Technology Co. Ltd., and others

Detailed Segmentation:

Global Delivery Drones Market, By Drone Type:
◦ Fixed Wing
◦ Rotary Blade
◦ Hybrid Drones

Global Delivery Drones Market, By Application:
◦ E-commerce
◦ QSR
◦ Healthcare
◦ Others

Global Delivery Drones Market, By Component:
◦ Airframe
◦ Controller System
◦ Propulsion System
◦ Others (Camera & Battery)

Table of Contents
1. Research Objective and Assumption
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Delivery Drones Market, By Drone Type, 2017-2026  (US$ Million)
5. Global Delivery Drones Market, By Application, 2017-2026  (US$ Million)
6. Global Delivery Drones Market, By Component, 2017-2026  (US$ Million)
7. Global Delivery Drones Market, By Regions, 2017-2026 (US$ Million)
8. Competitive Landscape

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This release was published on openPR.