Technology

Drone Package Delivery Market Business Strategies, Technological Innovation,


Drone Package Delivery Market 2020-2030: The global drone package delivery market is experiencing a significant growth due to increased demand for faster delivery. Drone package delivery implies delivery of packages, food, and other goods using drones. Drone package delivery is being used by major retail and logistics companies around the world such as Amazon, Dominos, and others to deliver products in hassle free and with the ease to the consumers. Moreover, the tech giants such as Alphabet are hailing it as future of e-commerce. Further, the major retailers such as Walmart are testing drone delivery services to achieve a profitable last mile delivery and a better buyer experience to the customer.

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Market scope and structure analysis:

            Report Metric                                              Details
  Market size available for years   2020–2027
  Base year considered   2019
  Forecast period   2021–2027
  Forecast units   Value (USD)
  Segments covered   Duration, Package Size, Range, Solution, and Region
  Regions covered North America (The U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa
  Companies covered Drone Delivery Canada Corp., Amazon.com Inc., Cheetah Logistics Technology, FedEx, United Parcel Service of America Inc., Boeing, Zipline, DHL International GmbH, Drone Scan, and BIZZBY.

 

COVID-19 scenario analysis: 

  • COVID-19 pandemic has forced people to stay indoors to comply with government enforced lockdown all over the world to slow down the spread of the virus.
  • Drone package delivery system has witnessed an upsurge since the implementation of the lockdown to deliver the essentials such as food and medicine to customers as their homes.
  • Drone manufacturers are however facing production down time due to lack of site of access restrictions and supply chain disruption of drone components due to government measures to contain the spread of COVID-19.
  • The drone delivery service providers are unable to procure more drones from the drone manufacturers to keep up with the demand for drone package delivery.
  • Drone usage for street surveillance by police to maintain public order has also witnessed an increase since the COVID-19 pandemic.

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Top impacting factors: market scenario analysis, trends, drivers and impact analysis

Surge in usage of internet of things (IoT) in drone delivery system, demand for faster delivery, and rise in carbon emission-free transport solutions are the factors that drive the global drone package delivery market. However, limited drone operability in harsh weather and near high-rise buildings hinder the market growth. On the contrary, developments in drone technology, reduced cost for consumers, and addition of giant market players in drone delivery ecosystem present new pathways in the industry.

The global drone package delivery market trends are as follows:

Demand for faster delivery

The growing competition in e-commerce has increased the demand for faster delivery. Moreover, the need for food delivery avoiding the city traffic, medical supplies during health emergencies, and relief goods during a calamity are the driving factors for a faster delivery ecosystem. Hence, the rise in demand of the faster deliveries are driving the global drone package delivery market.

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Surge in usage of internet of things (IoT) in drone delivery system

IoT enables connectivity and information sharing simultaneously between…



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