The drone package delivery market is projected to grow from USD 228 million in 2022 to USD 5,556 million by 2030, at a CAGR of 49.0% from 2022 to 2030. The development of aerial delivery drones for use in geographically challenging areas, and the Incorporation of IoT in the ecosystem of delivery drones are some of the factors fueling the growth of the market.
The commercial applications of drones have grown in the past couple of years due to the development of vision and collision avoidance systems that have made drones safe for use in public places. In the coming years, these collision avoidance systems are expected to further improve with the development of sensors that could guide drones in case of failure of vision systems. These sensors are expected to work effectively in fog and other extreme weather conditions, where normal cameras become ineffective. AI is the next focus of the drone industry. This new technology is expected to enable drones to perform all tasks, right from their launch and navigation to data acquisition, data transmission, and data analysis. The incorporation of AI in drones will also reduce the number of skills required by UAV pilots.
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Alphabet Inc. (US), Deutsche Post DHL Group (Germany), Zipline (US), United Parcel Service of America, Inc. (US), FedEx (US), Matternet Inc., (US), Matternet (US), EHang (China), and The Boeing Company (US) are the leading players operating in the drone package delivery market. These players have adopted various growth strategies such as contracts, agreements, acquisitions, expansions, new product launches, partnerships & certifications, investments, venture capital funding, new service launches, and research & development (R&D) activities to further expand their presence in the drone package delivery market.
Alphabet Inc is a US-based holding company, with Google, as a wholly-owned subsidiary. Wing Aviation LLC is a subsidiary of Alphabet Inc. (US), offering autonomous drones for on-demand delivery of food, medicines, and other items within minutes to increase access to goods, reduce traffic congestion in cities, and help ease the CO2 emissions attributable to transportation of goods. It has developed an unmanned traffic management system that allows unmanned aircraft to navigate around other drones, manned aircraft, and other obstacles like trees, buildings, and power lines, thus offering faster and safer services. The company is currently providing its services in the US, Australia, and Finland.
Deutsche Post DHL Group is a Germany-based logistics company offering drone package delivery services across the globe. The company has a presence in more than 220 countries and territories. The company works under 5 business segments which are Express, Global Forwarding Freight, Postal & Parcel Germany, Supply chain and Ecommerce Solutions. The company is doing fully automated last-mile drone package deliveries in China. The company has joined with EHang to develop fully automated delivery solutions for China’s metropolitan. Later, DHL is planning to expand these services to other regions around the world.
Zipline is a US-based logistics company that designs, manufactures, and operates aerial drones for delivery applications The company uses drones to deliver essential medical products, such as blood and animal vaccines, to hard-to-reach communities. It has a flight-testing center in Davis, California, and its delivery drones are assembled in the company’s facility in South San Francisco, California. In February 2021, Zipline signed a service-level agreement with the Kaduna State Government to use drones in the health supply chain system. The delivery will include daily medical supplies, such as blood pints and medicines, and planned delivery of COVID-19 vaccines.
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Drone Package Delivery Market Scope
Report Metric
Details
Market size available for years
2019-2030
Base year considered
2021
Forecast period
2022-2030
Forecast units
Value (USD)
Segments covered
By Solution, By Type, By Range, By Package Size, By Duration, By End-Use, By Operation mode and By Region
Geographies covered
North America, Asia Pacific, Europe, the Middle East, Latin America, and Africa
Companies covered
Alphabet Inc. (US), DHL International GmbH (Germany), Zipline (US), United Parcel Service of America, Inc. (US), FedEx (US), Matternet Inc., (US), Airbus S.A.S. (Netherlands), Wingcopter (Germany), EHang (China), and Boeing (US), among others
Companies covered (Drone start-ups and drone package delivery ecosystem)
Flytrex (Israel), Swoop Aero (Australia) and Elroy Air (US), Skycart Inc. (US), Altitude Angel (UK), Fli Drone (Caribbean), Volansi (US), and Skyports (UK), among others
Recent Developments in Drone Package Delivery Industry:
- In March 2022, EHang partnered with Aerotree Flight Services Sdn. Bhd., a subsidiary of Malaysia’s AEROTREE Group, to jointly develop urban air mobility (UAM) business, including MRO and training, in Malaysia. Pursuant to the partnership, AEROTREE has placed a pre-order for EHang’s 50 units of the EH216 series, as well as 10 units of the VT-30.
- In March 2022, ITOCHU Corporation signed a partnership with Wingcopter to distribute and lease Wingcopter 198 in Japan. The Japanese conglomerate also made a strategic investment in Wingcopter.
- In February 2022, Zipline and Kisumu County, a member of the Lake Region Economic Bloc (LREB), executed an agreement for the storage and delivery of COVID-19 vaccines, blood products, and other medical commodities to health facilities within the Kisumu County.
- In February 2022, Wing Aviation LLC teamed up with Kentucky Fried Chicken (KFC) (Australia) to deliver a range of hot and fresh menu items direct to homes and workplaces in Logan, Queensland.
- In September 2021, Matternet and SkyGo partnered with Abu Dhabi DoH for the world’s first city-wide medical drone network. The network will significantly increase the connectivity of the Emirate’s health ecosystem and position it as a global leader in advanced air mobility
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