Delivery Drones Market Sets the Table for Continued Growth 2021-2027 | Amazon, FedEx, Boeing, DHL International

MarketDigits has recently published the Global research Report Titled Delivery Drones Market The study provides an overview of current statistics and future predictions of the Delivery Drones Market. The study highlights a detailed assessment of the Market and displays market sizing trends by revenue & volume (if applicable), current growth factors, expert opinions, facts, and industry validated market development data.

A variety of financial terms such as shares, cost, revenue, and profit margin have been included in this Delivery Drones Market document to get a better understanding of different economic aspects of the businesses. This industry analysis report presents an actionable vision to key participants working on it. The report observes numerous in-depth, influential and inducing factors that outline the market and industry. Global Delivery Drones Market report states that the global market is anticipated to expand significantly and is projected to reach US$ XX Mn by 2027, at a CAGR of XX% during the forecast period. The report has been prepared by using primary and secondary research methodologies.

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This Delivery Drones Market report is generated by thoroughly understanding business environment which best suits the requirements of the client. With this market research report it becomes easy to develop a successful marketing strategy for your business. Delivery Drones Market research report is a complete overview of the market that takes into account various aspects of product definition, market segmentation based on various parameters, and the established merchant landscape. Estimations about the rise or fall of the CAGR value for specific forecast period are also mentioned in the report. This Delivery Drones Market report not only gives an advantage to develop your business but also helps you outshine the competition.

The global delivery drones market was valued at US$ 165.3 million in 2017 and is projected to exhibit a CAGR of XX% during the forecast period (2019–2027), reaching US$ XX million by 2027. A delivery drone is a type of unmanned aerial vehicle, which is used for distributing packages to customers in any locality. This drone is available in three different types, which include fixed-wing drones, rotor drones, and hybrid drones. These type of drones are mostly designed with 4 to 8 propellers along with rechargeable batteries and can fly at high speed while carrying a parcel.

Major players operating in the global delivery drones market include The Boeing Company, Airbus SE, JD.com, SKYCART INC, Drone America, Matternet Inc., and SZ DJI Technology Co. Ltd.

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Increasing demand for delivery drones in the healthcare sector

Rising demand for delivery drones across the globe is driving growth of the global delivery drones market. For instance, in April 2019, a U.S.-based UAV manufacturer and logistic services provider, Zipline, collaborated with Ghana’s Ministry of Health to launch a delivery drone service for medical suppliers in Ghana. In 2017, Zipline received a contract from Tanzania’s government to launch permanent medical facilities in the country.

According to the statistics from the Global Opportunity Explorer, maternal mortality rates declined from 1,300 deaths per 100,000 live births in 1990 to 290 in 2015, owing to timely delivery of required blood to patients with the help of delivery drones in Rwanda. These factors are expected to drive growth of the market.

Technological advancements in delivery drone batteries

Proliferating demand for development of lithium-metal batteries is expected to drive growth of the delivery drones market over the forecast period. A lithium-metal battery helps the drone to cover longer distances in a single charge. Moreover, lithium-metal battery is half the size of a lithium-ion battery and it could hold as much charge as a bigger lithium-ion battery.

Technological advancements play a substantial role in the adoption of lithium-metal battery for delivery drones. For instance, in January 2018, SolidEnergy Systems raised US$ 50 million in investments to fund development of their battery technology from 2012.

As a result of limited production, lithium-metal batteries are of high cost. Companies such as SolidEnergy Systems, a manufacturer of lightest rechargeable cells, are planning to establish their manufacturing units in Asia Pacific, which is expected to reduce production cost of lithium-metal batteries in this region.

On the other side, lack of technical expertise about operating drones and low battery life of delivery drones are major factors that are expected to restrain growth of the delivery drones market.

North America holds dominant position in the global delivery drones market

On the basis of geography, the global delivery drones market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East and Africa (LAMEA). Among all these regions, North America delivery drones market generated revenue of US$ 75.5 Mn by 2018 and is expected to reach US$ 1,074.7 Mn by 2027, witnessing a CAGR of 35.2% over the forecast period.

Several key players such as Amazon, UPS, Google, and DHL are offering drone delivery in inaccessible areas in North America region, which has led to an increasing demand for delivery drones.

According to the data from DroneLife in 2018, delivering packages by conventional methods such as trucks result in emission of around 915 grams of greenhouse gases (GHGs) per package. On the other hand, a drone can deliver a same package with just 420 grams of emission, which is expected to create significant demand for delivery drones in the North America region.

Furthermore, Asia Pacific delivery drones market holds second dominant position in the global delivery drones market, followed by North America due to increasing applications of delivery drones in various sectors such as healthcare. For instance, in September 2019, the Government of Maharashtra (India) partnered with Zipline, a drone delivery service company, to deliver emergency medicines across the state via autonomous delivery drone. Additionally, this initiative was supported through a grant from vaccine manufacturer SII (Serum Institute India).

The information and data gathered in this Delivery Drones Market research report for research and analysis is presented with diagrams, graphs or tables for the reasonable comprehension of clients. The market report is an honest wellspring of data which offers an adaptive perspective on the present market patterns, circumstances, openings and status. Moreover, enormous example sizes have been used for the information gathering in this Global Delivery Drones Market report which suits the necessities of little, medium just as huge size of organizations. This Delivery Drones Market report takes a shot at all the parts of market that are required to make the best and first-rate statistical surveying report.

This Global Delivery Drones Market Report Will Provide:

The report evaluates the key factors of drivers, restraints, and opportunities.
The Market study includes Delivery Drones Market valuations and forecast for the upcoming years.
The report contains detailed data concerning the Global Delivery Drones Market dynamics, past results, and the current business aspect.

How will this Market Intelligence Report Benefit You?

Competitive Landscape – Top key vendors and other prominent vendors
The market study includes Delivery Drones Market valuations and forecast for the upcoming years
Emerging Product Trends & Market Opportunities

Delivery Drones Market Reports – Table of Contents
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary: Global Delivery Drones Market
4. Market Overview
5. Key Insights
6. Global Delivery Drones Market Analysis and Forecast, By Product
7. Global Delivery Drones Market Analysis and Forecast, By Detector
8. Global Delivery Drones Market Analysis and Forecast, By Technology
9. Global Delivery Drones Market Analysis and Forecast, By Application
10. Global Delivery Drones Market Analysis and Forecast, By End-user
11. Global Delivery Drones Market Analysis and Forecast, By Region
12. North America Delivery Drones Market Analysis and Forecast
13. Europe Delivery Drones Market Analysis and Forecast
14. Asia Pacific Delivery Drones Market Analysis and Forecast
15. Latin America Delivery Drones Market Analysis and Forecast
16. Middle East & Africa Delivery Drones Market Analysis and Forecast
17. Competitive Landscape

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