Drone Delivery Service Market Size – USD 520.0 Million in 2019, Market Growth – CAGR of 44.2%
VANCOUER, BC, CANADA, September 21, 2021 /EINPresswire.com/ — The global Drone Delivery Service Market will be worth USD 9.51 billion by 2027, according to a current analysis by Emergen Research. The growing usage of drones across commercial applications like food delivery and medical aids delivery is one of the key factors projected to fuel the growth of the drone delivery service market. Nations across regions like Asia Pacific and Europe are likely to be the new revenue-generating markets for unmanned aerial vehicles.
The latest report provides detailed insights into drone delivery service market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the drone delivery service market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
Request a sample copy of the report @ https://www.emergenresearch.com/request-sample/204
Global drone delivery service market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product/service expansion into new and untapped domestic drone delivery service market, rising investments in strategic agreements, and rising competition in the market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits.
Key Highlights From The Report.
Ghana’s Ministry of Health collaborated with Zipline, a US-based logistics service provider and a UAV manufacturer in April 2019 in order to launch a delivery drone service for helping medical suppliers across Ghana.
Accelerating demand for study as well as its corresponding development of lithium-metal batteries is anticipated to fuel growth of the drone delivery service market over the forecasted span. This is because in a single charge, a lithium-metal battery aids the drone to cover longer distances. Furthermore, the size of these batteries are half that of a lithium-ion battery and it can hold equal amount of charge as a bigger lithium-ion battery.
The market on a global scale is likely to become more competitive over the forecasted years as many companies from other industries are identifying the potential benefits of drone delivery.
Top key vendors in drone delivery service market include are:
FedEx, Amazon.com, Inc, Boeing, DHL International GmbH, Matternet, Inc., United Parcel Service of America, Zipline, Drone Delivery Canada Corp., Flirtey, Workhorse Group Inc. and Flytrex among others.
To know more about the drone delivery service market report, visit @ https://www.emergenresearch.com/industry-report/drone-delivery-service-market
For the purpose of this report, Emergen Research has segmented into the global Drone Delivery Service Market on the duration, range, package size, application, and region:
Duration Outlook (Revenue, USD Billion; 2017-2027)
Short Duration (<25 kilometers)
Long Duration (>25 kilometers)
Range Outlook (Revenue, USD Billion; 2017-2027)
Short Range (<25 kilometers)
Long Range (>25 kilometers)
Package Size Outlook (Revenue, USD Billion; 2017-2027)
<2 kilograms
2-5 kilograms
>5 kilograms
Application Outlook (Revenue, USD Billion; 2017-2027)
Food Delivery
Retail Goods Delivery
Postal Delivery
Medical Aids Delivery
Others
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting [email protected] https://www.emergenresearch.com/request-for-customization/204
The research provides answers to the following key questions:
What will be the growth rate and the market size of the drone delivery service market for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the drone delivery service market across different regions?
Who are the major driving forces expected to decide the fate of the drone delivery service market worldwide?
Who are the prominent market players making a mark in the drone delivery service market with their winning strategies?
Which drone delivery service market trends are likely to shape the future of the industry during the forecast period 2020-2028?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the drone delivery service market?
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Drone Delivery Service Market Segmentation & Impact Analysis
4.1. Drone Delivery Service Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for faster delivery among consumers
4.2.2.2. Growing usage of affordable and light-pay load drones for product delivery by startups
4.2.2.3. Changes in regulatory framework in order to encourage drone delivery package
4.2.3. Market restraints analysis
4.2.3.1. Limited battery life and bandwidth of aerial delivery drones
4.2.3.2. Emerging economies have inappropriate infrastructure to support drone delivery operations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Why Choose Emergen Research?
Strong Industry Focus
Extensive Product Offerings
Customer Research Services
Robust Research Methodology
Comprehensive Reports
Latest Technological Developments
Value Chain Analysis
Potential Market Opportunities
Growth Dynamics
Quality Assurance
Post-sales Support
Explore more reports about emergen research:
ground defense system market https://www.emergenresearch.com/industry-report/ground-defense-system-market
3d printing software and services market::https://www.emergenresearch.com/industry-report/3d-printing-software-and-services-market
vertical farming market: https://www.emergenresearch.com/industry-report/vertical-farming-market
free space optics communication technology market:https://www.emergenresearch.com/industry-report/free-space-optics-communication-technology-market
military robots market:https://www.emergenresearch.com/industry-report/military-robots-market
About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
Thank you for reading our report. Customization of the report is available according to the requirements of clients. Kindly get in touch with us to know more about the report.
Eric Lee
Emergen Research
+1 604-757-9756
[email protected]
Visit us on social media:
Facebook
Twitter
LinkedIn