Technological Advancement Fueling up the Global Drone Package Delivery Market

Published: Jun 2022

The global drone package delivery market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. One of the core factors that is fueling the market growth is technological advancement and utilization of advanced technologies such as artificial intelligence (AI), and the Internet of Things (IoT), among others. Drone technology has been advancing continuously, making drones ideal tools for gathering certain ground data that can couple well with more traditional mapping techniques. Satellites also act this function globally via revolving around the globe from space, which is in direct contrast to a drone’s scope and size. Such development has enhanced the usability of a drone. However, the use of sense and avoid systems in package delivery drones is getting more attention owing to the enhanced safety and visual line of sight features it provides. Sense and avoid systems are a combination of radar, LiDAR, cameras, and other systems that support detecting and avoiding obstacles successfully.

Browse the full report description of “Global Drone Package Delivery Market Size, Share & Trends Analysis Report by Type (Rotary Wing, and Fixed-Wing), by Capacity (Less than 10kg, and Greater than 10kg), and by End-User (Food, Healthcare, and Retail and Logistics) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/drone-package-delivery-market

Moreover, the addition of AI and the IoT has advanced the drone navigation process and carried out drone package delivery operations autonomously and safely while delivering a package. It also informs its locations, continuously to the operators which also supports, thereby contributing to their enlarged adoption in the drone delivery ecosystem across the globe. For instance, in April 2022, TechEagle, a deeptech firm constructing drone logistic services, launched ‘Vertiplane X3’, a fast hybrid vertical take-off and landing (e-VTOL) drone ever made in India. The product will be deployed for several use cases through industries such as offering better healthcare access to remote areas, apart from e-commerce and hyperlocal requirements.

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

Segment Covered- 

o By Type

o By Capacity

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- including Airbus S.A.S., Amazon.com, Deutsche Post AG, SZ DJI Technology Co., Ltd., Zipline International Inc., and others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

How has COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Drone Package Delivery Market Report Segment

By Type

  • Rotary-wing
  • Fixed-wing

By Capacity

  • Less than 10kg
  • Greater than 10kg

By End-User

  • Food
  • Healthcare
  • Retail and Logistics

Global Drone Package Delivery Market Report Segment by Region

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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