Press release
Delivery Drones Market Size, Share, Growth, Trends, Strategies, Opportunities And Forecast to 2032
Delivery Drones Market
Delivery Drones Market Size, Growth Rate, And Forecast
The global delivery drones market size grew from $1.45 billion in 2022 to $1.68 billion in 2023 at a compound annual growth rate (CAGR) of 16.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The delivery drones market size is expected to grow to $4.35 billion in 2027 at a CAGR of 26.8%.
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Delivery Drones Market Drivers
The high cost of drone deliveries is expected to impede the growth of the delivery drones market over the coming years. Delivery drones or unmanned aerial vehicles are unmanned aircraft delivering items to a specified location. These are costly because of all the modern technologies that are required to enable them to fly longer, safer and avoid hurdles.
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Delivery Drones Market Segments
1) By Drone Type: Fixed Wing Drones, Rotor Drones, Hybrid Drones
2) By Payload: Less than 2 kg, 2-5 kg, More than 5 kg
3) By Application: E-commerce, Quick-service Restaurants (QSR), Healthcare, Others
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Delivery Drones Market.
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Delivery Drones Market Key Players
Major competitors in the Delivery Drones Market include Airbus SE, DJI Technology Co. Ltd., Flirtey, EHANG, Zipline, Uber Technologies Inc., United Parcel Service of America Inc., Alibaba Group Holding Ltd., Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc., JD.com, Matternet Inc., and The Boeing Company
The Business Research Company's "Global Delivery Drones Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Delivery Drones Market Include:
1. Executive Summary
2. Delivery Drones Market Characteristics
3. Delivery Drones Market Trends And Strategies
4. Delivery Drones Market - Macro Economic Scenario
5. Delivery Drones Market Size And Growth
.......
26. Africa Delivery Drones Market
27. Delivery Drones Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Delivery Drones Market
29. Delivery Drones Market Future Outlook and Potential Analysis
30. Appendix
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