Global Delivery Drone Market Size, Trends & Growth Opportunity, By Type (Rotary-Wing, and Fixed-Wing), By Capacity(Less than 10 kg, and Greater than 10 kg), By End User (Food, Healthcare, Retail & Logistics, and Postal), By Region and Forecast till 2027

Global Delivery Drone Market Size, Trends & Growth Opportunity, By Type (Rotary-Wing, and Fixed-Wing), By Capacity(Less than 10 kg, and Greater than 10 kg), By End User (Food, Healthcare, Retail & Logistics, and Postal), By Region and Forecast till 2027>

Global Delivery Drone Market

Global delivery Drone Market was valued at USD 1103.54 million in 2021 which is expected to reach USD 3,902.5 million by 2027 at a CAGR 16.39%.

Delivery drone is a type of unmanned aerial vehicle that is used for distributing packages to customers in any locality. It is available in two types such as rotary-wing, and Fixed-wing. These are mostly designed with 4 to 8 propellers along with rechargeable batteries and can fly at high speed.

Market Drivers

Increase in demand for delivery drones in various sectors including healthcare is expected to boost the global delivery drone market growth. Furthermore, increase in partnerships and collaboration activities by key manufacturers will have the positive impact on market growth. Due to the growing research and developmental activities by different companies with enhanced features, reduced size, and high durability, the airframe component is driving the growth of the Global Delivery Drone Market.

Market Restraints

However, lack of technical professional about operating drones and low battery life of delivery drones are major challenging factors which are expected to hinder the global delivery drone market growth.

Market Segmentation

Global Delivery Drone Market is segmented into type such as Rotary-Wing, and Fixed-Wing, by capacity such as Less than 10 kg, and Greater than 10 kg. Further, market is segmented into end user such as Food, Healthcare, Retail & Logistics, and Postal.

Also, Global Delivery Drone Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Reginal Analysis

North America is anticipated to grow the fastest because of the growing investments by key companies to promote parcel drone delivery service platforms. Also, the increasing government initiatives to support the usage of drone delivery services.

Asia-Pacific Likely to Witness the Highest Growth during the Forecast Period as the growing support for commercial drone operations in the region and the changing regulations in the countries.

Industry development

In November 2021, Drone Delivery Canada (DDC) announced that it successfully conducted the initial test of its next-generation Sparrow unmanned aerial system (UAS). The drone was tested for its avionics system configuration, communications with the Flyte management system and the next generation smart battery system, testing of the propulsion system, and onboard sensors.

In October 2021, Walgreens, an American company that operates the second-largest pharmacy store chain in the United States, began test-flying packages by drone to residents in a pair of Texas cities in partnership with Google’s drone-making affiliate, Wing. It would be Wing’s first commercial expansion in the US after testing the concept for years in Virginia and parts of Australia and Finland.

Market Key Players

Various key players are discussed in this report such as Amazon, FedEx, EHANG, DJI, Airbus SAS, Flirtey, Google, Skycatch, Inc, and Uber Technologies Inc

Market Taxonomy

By Type

• Rotary-Wing
• Fixed-Wing

• Less than 10 kg
• Greater than 10 kg

• Food
• Healthcare
• Retail & Logistics
• Postal

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

• What are the Key Opportunities in Global Delivery Drone Market?
• What will be the growth rate from 2019 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
• What are the strategies adopted by key players?