Global Drone Delivery Service Market Overview 

The Global Drone Delivery Service Market size is estimated to reach $989.1 Million by 2026, growing at a CAGR of 40.1% over the forecast period of 2021-2026.

A delivery drone is an unmanned aerial vehicle (UAV) used to transport medical supplies, food, or other goods. Delivery drones are typically autonomous. In November 2020, the FAA proposed airworthiness criteria for type certification of delivery drones to initialize commercial operations. Zipline, Wingcopter, and Amazon Prime Air were amongst the 10 companies selected for this type of certification.

Impact of COVID-19 on Drone Delivery Service Market

The COVID19 pandemic has caused short-term turmoil and long-term structural changes, and the e-commerce sector is slowing growth in new online categories such as groceries and home care. It allows suppliers to use autonomous means such as drones and robots to deliver goods to their customers without human intervention.

For example, UPS, an American multinational parcel delivery company, is working with German drone maker Wingcopter GmbH to accelerate the adoption of aerial drones for contactless delivery. During the COVID19 pandemic, various known new product delivery technologies like UAS are essential.

Key Takeaways from Global Drone Delivery Service Market Report:

• Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level – for a solution, type, range, package, duration, applications, and by different industries verticals. Understand the market dynamics – key driving factors, challenges, and hidden opportunities.
• Get in-depth insights on your competitor's performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
• Analyze the sales and distribution channels across key geographies to improve top-line revenues.
• Understand the industry supply chain with a deep dive on the value augmentation at each step to optimize value and bring efficiencies in your processes. 
• Get a quick outlook on the market entropy – M&As, deals, partnerships, product launches of all key players for the past 4 years. 
• Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.

Market Dynamics

Driver: 

When tilt-rotor aircraft are used for transportation, end users can save a large amount of money while maintaining high operating efficiency drives the market demand

The demand for faster parcel delivery increases, and customers are willing to pay extra for same-day delivery. With the innovation of freight transportation and the rise in investment by logistics and transportation companies, drones in e-commerce, fast food restaurants, convenience stores, and healthcare sectors are increasing.

According to Invesp (USA), in 2018, about 51% of the world's online retailers preferred same-day delivery over long-term delivery. By 2021, Invesp also predicts that by 2021, the total number of online shoppers who prefer faster deliveries than long-term deliveries will exceed 65% worldwide.

Due to these factors, aerial drones are becoming more and more popular in the global e-commerce industry. As a result, retailers are trying to reduce lead times and increase delivery flexibility and speed by maintaining drone-based storage units (SKUs).

Challenges: 

High Cost of Drone is limiting the Market Growth

Currently, the drone delivery service is still in its infancy. It is a new technology with limited weight and usage, which increases operating costs. A typical drone can carry 1-12 kg, but 1-25 km range. The lack of infrastructure due to high investment costs is hampering the growth of the drone delivery service market.

These drones are used in emerging markets such as Vietnam and India due to the lack of adequate infrastructures such as out-of-city ground control stations and cell towers and the cost considerations associated with their establishment. It is restricted. With the architecture required in emerging markets not available, it can also be challenging to ensure a smooth drone delivery process using landing pads, charging stations, and micro fulfillment centers.

By End Users, the market for Medical Aids Devices is estimated to grow at the highest CAGR during the forecast period.

Based on End Users, Global Drone Delivery Service Market is segmented into food delivery, retail goods delivery, postal delivery, medical aids delivery, precision agriculture delivery, industrial delivery, and weapon & ammunition delivery. The medical aids delivery segment is projected to lead the market with a CAGR of 41.4% during the forecast period.

The medical and healthcare sector has adopted drones to deliver medicines and medicinal equipment within and outside the hospital premises. In addition, these drones are used for pharmacy and laboratory pickups and deliveries, optimizing labor productivity in hospitals.

The coronavirus outbreak has put increased pressure on healthcare services across the world. The virus has caused greater demand for laboratory testing and an urgent need for personal protective equipment and devices to enable remote monitoring of patients with milder symptoms. Drone delivery has proven to be a helpful solution in the wake of the COVID 19 pandemic, enabling contactless delivery and leading the medical device delivery segment market.

Geographical Overview:

North America to account for the largest market share during the forecast period.

North America dominated the Global Drone Delivery Service Market with 34.9% of the share in 2020. It is also set to be the fastest-growing in the forecast period. Growth in the region is due to the growing trend towards online shopping on e-commerce platforms and favorable FAA regulations in the United States.

In addition, the surge in investment by major companies to help start-ups build parcel service platforms in the region adds to the region's growth during the forecast period.

Key Market Players

Key Players in Global Drone Delivery Service Market consist of Amazon.com, Inc, Deutsche Post DHL Group, United Parcel Service of America, Inc., Zipline, Matternet Inc., Airbus SAS, FedEx, EHang, and Wing Aviation LLC, and Boeing, among others.

Developments

In May 2020, Wingcopter was able to win the COVID 19 Hackathon and fund an 18-month project to distribute COVID 19 test kits in Malawi and Rwanda, Africa. It helps limit the spread of the virus in the area by identifying and isolating the case early.

Report Coverage and Scope

The report "Global Drone Delivery Service Market" by Research Informatic covers an in-depth detailed analysis for the following segment covered under the scope.

By Solution

·         Platform

·         Infrastructure

·         Software

·         Services

By Type

• Fixed-Wing
• Multirotor
• Hybrid

By Range

·         Short <25km

·         Long>25 km

By Package Size

·         <2kg

·         2-5 kg

·         >5 kg

By Duration

• <30 minutes
• >30 minutes

By End-Use

·         Food Delivery

·         Retail Goods

·         Postal Delivery

·         Medical Aids devices

·         Precision Agriculture

·         Industrial Delivery

·         Weapons & Ammunitions Delivery

Geography

·         North America

·         Europe

·         APAC

·         RoW

Chapter 1 Drone Delivery Service Market Overview

1.1 Product Overview and Scope of Drone Delivery Service

1.2 Drone Delivery Service Market Segmentation By Product Type

1.2.1 Fixed-Wing

1.2.2 Multirotor

1.2.3 Hybrid

1.3 Drone Delivery Service Market Segmentation By End User

1.3.1 Food Delivery

1.3.2 Retail Goods

1.3.3 Postal Delivery

1.3.4 Medical Aids devices

1.3.5 Precision Agriculture

1.3.6 Industrial Delivery

1.3.7 Weapons & Ammunitions Delivery

1.4 Drone Delivery Service Market Segmentation by Regions

1.4.1 North America

1.4.2 China

1.4.3 Europe

1.4.4 Southeast Asia

1.4.5 Japan

1.4.6 India

1.5 Global Market Size (Value) of Drone Delivery Service (2015-2027)

Chapter 2 Global Economic Impact on Drone Delivery Service Industry

2.1 Global Macroeconomic Environment Analysis

2.1.1 Global Macroeconomic Analysis

2.1.2 Global Macroeconomic Environment Development Trend

2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Drone Delivery Service Market Competition by Manufacturers

3.1 Global Drone Delivery Service Production and Share by Manufacturers (2021 and 2021)

3.2 Global Drone Delivery Service Revenue and Share by Manufacturers (2021 and 2021)

3.3 Global Drone Delivery Service Average Price by Manufacturers (2021 and 2021)

3.4 Manufacturers Drone Delivery Service Manufacturing Base Distribution, Production Area and Product Type

3.5 Drone Delivery Service Market Competitive Situation and Trends

3.5.1 Drone Delivery Service Market Concentration Rate

3.5.2 Drone Delivery Service Market Share of Top 3 and Top 5 Manufacturers

3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Drone Delivery Service Production, Revenue (Value) by Region (2015-2021)

4.1 Global Drone Delivery Service Production by Region (2015-2021)

4.2 Global Drone Delivery Service Production Market Share by Region (2015-2021)

4.3 Global Drone Delivery Service Revenue (Value) and Market Share by Region (2015-2021)

4.4 Global Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.5 North America Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.6 Europe Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.7 China Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.8 Japan Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.9 Southeast Asia Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

4.10 India Drone Delivery Service Production, Revenue, Price and Gross Margin (2015-2021)

Chapter 5 Global Drone Delivery Service Supply (Production), Consumption, Export, Import by Regions (2015-2021)

5.1 Global Drone Delivery Service Consumption by Regions (2015-2021)

5.2 North America Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

5.3 Europe Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

5.4 China Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

5.5 Japan Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

5.6 Southeast Asia Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

5.7 India Drone Delivery Service Production, Consumption, Export, Import by Regions (2015-2021)

Chapter 6 Global Drone Delivery Service Production, Revenue (Value), Price Trend by Type

6.1 Global Drone Delivery Service Production and Market Share by Type (2015-2021)

6.2 Global Drone Delivery Service Revenue and Market Share by Type (2015-2021)

6.3 Global Drone Delivery Service Price by Type (2015-2021)

6.4 Global Drone Delivery Service Production Growth by Type (2015-2021)

Chapter 7 Global Drone Delivery Service Market Analysis by Application

7.1 Global Drone Delivery Service Consumption and Market Share by Application (2015-2021)

7.2 Global Drone Delivery Service Consumption Growth Rate by Application (2015-2021)

7.3 Market Drivers and Opportunities

7.3.1 Potential Applications

7.3.2 Emerging Markets/Countries

Chapter 8 Drone Delivery Service Manufacturing Cost Analysis

8.1 Drone Delivery Service Key Raw Materials Analysis

8.1.1 Key Raw Materials

8.1.2 Price Trend of Key Raw Materials

8.1.3 Key Suppliers of Raw Materials

8.1.4 Market Concentration Rate of Raw Materials

8.2 Proportion of Manufacturing Cost Structure

8.2.1 Raw Materials

8.2.2 Labour Cost

8.2.3 Manufacturing Expenses

8.3 Manufacturing Process Analysis of Drone Delivery Service

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

9.1 Drone Delivery Service Industrial Chain Analysis

9.2 Upstream Raw Materials Sourcing

9.3 Raw Materials Sources of Drone Delivery Service Major Manufacturers in 2021

9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

10.1 Marketing Channel

10.1.1 Direct Marketing

10.1.2 Indirect Marketing

10.1.3 Marketing Channel Development Trend

10.2 Market Positioning

10.2.1 Pricing Strategy

10.2.2 Brand Strategy

10.2.3 Target Client

10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis

11.1 Technology Progress/Risk

11.1.1 Substitutes Threat

11.1.2 Technology Progress in Related Industry

11.2 Consumer Needs/Customer Preference Change

11.3 Economic/Political Environmental Change

Chapter 12 Global Drone Delivery Service Market Forecast (2021-2027)

12.1 Global Drone Delivery Service Production, Revenue Forecast (2021-2027)

12.2 Global Drone Delivery Service Production, Consumption Forecast by Regions (2021-2027)

12.3 Global Drone Delivery Service Production Forecast by Type (2021-2027)

12.4 Global Drone Delivery Service Consumption Forecast by Application (2021-2027)

12.5 Drone Delivery Service Price Forecast (2021-2027)

Chapter 13 Appendix