Drone Package Delivery Market: 56% of Growth to Originate from North America, Driven by Increased Use of Drones by E-Commerce Companies – Technavio

NEW YORK, July 26, 2022 /PRNewswire/ — The “Drone Package Delivery Market by Type (Hybrid wing, Fixed wing, and Rotary wing) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The drone package delivery market share is projected to increase to USD 13.54 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 42.75%. 56% of the market’s growth will originate from North America during the forecast period. The US is the key market for the drone package delivery market in North America. Market growth in this region will be faster than the growth of the market in Europe. The high adoption of drones by the transportation and logistics companies in the US will facilitate the drone package delivery market growth in North America over the forecast period.

Drone Package Delivery Market – Key Market Dynamics:

• Market Driver – The increased use of drones by e-commerce companies is one of the key drivers fueling the drone package delivery market growth. Various factors such as rising costs of fuel, fleet service and maintenance, and labor are negatively affecting the revenue of e-commerce companies. Thus, many logistics players in partnership with e-commerce companies are investing in automated logistics solutions, such as drone delivery, to sustain in the highly competitive market, which is expected to replace manual interactions. For instance, in March 2022, EHang collaborated with Aerotree Flight Services Sdn. Bhd. to develop urban air mobility (UAM) business in Malaysia, including MRO and training. As a part of the agreement, AEROTREE has placed a pre-order for 50 EHang EH216 series and 10 VT-30 drones. Hence, an increase in the use of drones by the e-commerce industry will support the growth of the global drone package delivery market during the forecast period.
• Market Challenges – Restrictive laws and regulations governing UAV use are the key challenges impeding the drone package delivery market growth. Drones have a wider operational range than crewed aircraft, along with other differentiating physical and operational characteristics. Although governments and commercial bodies use unmanned aircraft systems (UASs) and UAVs for a variety of applications, their scope of use is dependent on various laws and regulations enacted by numerous governments across different countries. Such regulations restrict the scope of drone operations and hinder their mass adoption. Such regulatory hurdles will adversely affect the drone package delivery market growth during the forecast period.

To learn about additional key drivers, trends, and challenges- Request a Sample Report right now!

Drone Package Delivery Market – Segmentation Analysis:

The drone package delivery market report is segmented by Type (Hybrid wing, Fixed wing, and Rotary wing) and Geography (North America, Europe, APAC, South America, and the Middle East and Africa).  Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the drone package delivery market size and actionable market insights on the post-COVID-19 impact on each segment.

Grab a sample report for additional insights into the contribution of all the segments

Drone Package Delivery Market – Vendor Analysis:

The drone package delivery market is fragmented and the vendors are deploying growth strategies such as brand, quality, and reliability to compete in the market.

• Airbus SE
• Amazon.com Inc.
• Alphabet Inc.
• Altitude Angel Ltd.
• Cheetah Software Systems Inc.
• Deutsche Post DHL Group
• Drone Delivery Canada Corp.
• EHang Holdings Ltd.
• FedEx Corp.
• Flytrex Inc.
• Manna Drone Ltd.
• Matternet
• Skycart Inc.
• Skydrop LLC
• Swoop Aero
• SZ DJI Technology Co. Ltd.
• Tech Eagle Innovations Pvt. Ltd.
• Volansi Inc.
• Workhorse Group Inc.
• Zipline International Inc.
• To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

Get ready to achieve excellent business outcomes from this exclusive Drone Package Delivery Market report by Technavio. The report will include highlights of the overall market which includes frequently asked questions such as –

• What are historical revenue figures and estimated revenue figures as well as CAGR during the forecast timeframe?
• What is the current trend taking place in the market space?
• Which are business tactics that will influence competitive scenarios along with defining the growth potential of the market?
• What are market drivers, restraints, and challenges impacting demand & growth of the market?
• Which regions & segments will garner massive revenue and emerge as market leaders in upcoming years?

The competitive scenario provided in the Drone Package Delivery Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.Don’t wait, Make a strategic approach & boost your business goals with our Drone Package Delivery Market Forecast Report –  Buy Now!

Related Reports:

• The drone navigation system market share is expected to increase to USD 8.48 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 27.48%.
• The small drone market share is expected to increase to USD 8.58 billion from 2021 to 2026, at a CAGR of 13.26%.

Key Topics Covered:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis – Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments
• Exhibit 24: Chart on Type – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type – Market share 2021-2026 (%)

• 5.2 Comparison by Type
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Hybrid wing – Market size and forecast 2021-2026
• Exhibit 28: Chart on Hybrid wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Hybrid wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Hybrid wing – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Hybrid wing – Year-over-year growth 2021-2026 (%)

• 5.4 Fixed-wing – Market size and forecast 2021-2026
• Exhibit 32: Chart on Fixed-wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Fixed-wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Fixed-wing – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Fixed-wing – Year-over-year growth 2021-2026 (%)

• 5.5 Rotary-wing – Market size and forecast 2021-2026
• Exhibit 36: Chart on Rotary-wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Rotary-wing – Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Rotary-wing – Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Rotary-wing – Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Type
• Exhibit 40: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America – Market size and forecast 2021-2026
• Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.4 Europe – Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.5 APAC – Market size and forecast 2021-2026
• Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)

• 7.6 South America – Market size and forecast 2021-2026
• Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa – Market size and forecast 2021-2026
• Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)

• 7.8 US – Market size and forecast 2021-2026
• Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.9 China – Market size and forecast 2021-2026
• Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.10 Japan – Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)

• 7.11 UK – Market size and forecast 2021-2026
• Exhibit 78: Chart on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on UK – Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on UK – Year-over-year growth 2021-2026 (%)

• 7.12 Germany – Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany – Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Airbus SE
• Exhibit 93: Airbus SE – Overview
• Exhibit 94: Airbus SE – Business segments
• Exhibit 95: Airbus SE – Key news
• Exhibit 96: Airbus SE – Key offerings
• Exhibit 97: Airbus SE – Segment focus

• 10.4 Amazon.com Inc.
• Exhibit 98: Amazon.com Inc. – Overview
• Exhibit 99: Amazon.com Inc. – Business segments
• Exhibit 100: Amazon.com Inc. – Key news
• Exhibit 101: Amazon.com Inc. – Key offerings
• Exhibit 102: Amazon.com Inc. – Segment focus

• 10.5 Alphabet Inc.
• Exhibit 103: Alphabet Inc. – Overview
• Exhibit 104: Alphabet Inc. – Business segments
• Exhibit 105: Alphabet Inc. – Key news
• Exhibit 106: Alphabet Inc. – Key offerings
• Exhibit 107: Alphabet Inc. – Segment focus

• 10.6 Drone Delivery Canada Corp.
• Exhibit 108: Drone Delivery Canada Corp. – Overview
• Exhibit 109: Drone Delivery Canada Corp. – Product / Service
• Exhibit 110: Drone Delivery Canada Corp. – Key offerings

• 10.7 EHang Holdings Ltd.
• Exhibit 111: EHang Holdings Ltd. – Overview
• Exhibit 112: EHang Holdings Ltd. – Product / Service
• Exhibit 113: EHang Holdings Ltd. – Key news
• Exhibit 114: EHang Holdings Ltd. – Key offerings

• 10.8 FedEx Corp.
• Exhibit 115: FedEx Corp. – Overview
• Exhibit 116: FedEx Corp. – Business segments
• Exhibit 117: FedEx Corp. – Key offerings
• Exhibit 118: FedEx Corp. – Segment focus

• 10.9 Skydrop LLC
• Exhibit 119: Skydrop LLC – Overview
• Exhibit 120: Skydrop LLC – Product / Service
• Exhibit 121: Skydrop LLC – Key offerings

• 10.10 SZ DJI Technology Co. Ltd.
• Exhibit 122: SZ DJI Technology Co. Ltd. – Overview
• Exhibit 123: SZ DJI Technology Co. Ltd. – Product / Service
• Exhibit 124: SZ DJI Technology Co. Ltd. – Key offerings

• 10.11 Tech Eagle Innovations Pvt. Ltd.
• Exhibit 125: Tech Eagle Innovations Pvt. Ltd. – Overview
• Exhibit 126: Tech Eagle Innovations Pvt. Ltd. – Product / Service
• Exhibit 127: Tech Eagle Innovations Pvt. Ltd. – Key offerings

• 10.12 Zipline International Inc.
• Exhibit 128: Zipline International Inc. – Overview
• Exhibit 129: Zipline International Inc. – Product / Service
• Exhibit 130: Zipline International Inc. – Key news
• Exhibit 131: Zipline International Inc. – Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations
• Exhibit 138: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

Email:[email protected]
Website: www.technavio.com/

SOURCE Technavio