Drone Package Delivery Market

Market Leader - Drone Package Delivery Market

The drone package delivery market is projected to grow from USD 528 million in 2020 to USD 39,013 million by 2030, at a CAGR of 53.8% from 2020 to 2030. Growing demand for fast delivery, rising amendments in regulatory frameworks to encourage drone package delivery, and increasing demand for lowering carbon emission are some of the factors fueling the growth of the market.

Amazon.com, Inc. (US), DHL International GmbH (Germany), United Parcel Service of America, Inc. (US), Zipline (US), Matternet Inc., (US), Airbus S.A.S. (Netherlands) FedEx (US), Matternet (US), EHang (China), and Wing Aviation (US), and Boeing (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.

Amazon.com, Inc. is among the top service providers in drone package delivery. The company has launched its drone package delivery services in selected cities, such as Cambridge (UK), and is planning to expand the service to other parts of the US, France, Austria, and Israel. The company is aiming to expand its fleet of delivery drones to improve its package delivery services and strengthen its foothold in the drone package delivery market.

FedEx is another major player in the drone package delivery market. It has launched last-mile drone delivery services for the delivery of ecommerce and postal packages across the globe. The company has been focusing on the launch of its last-mile drone package delivery services to enhance its market share. In 2020, FedEx announced its collaboration with two business partners to launch a pilot drone delivery service to explore methods of enhancing last-mile residential delivery services.

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United Parcel Service of America specializes in drone package delivery services for postal and medical aid packages. The company has a strong presence in the North American region. It has been focusing on securing contracts from companies in the healthcare industry for the delivery of medical packages to customers based in the US. In 2019, Federal Aviation Administration (FAA) certified UPS with the first full Part 135 Standard to operate a drone airline at WakeMed, moving lab samples across its vast hospital campus.

Zipline is a US-based logistics company engaged in the design, manufacture, and operation of aerial drones for delivery applications. The company is supported by leading investors such as Sequoia Capital (US), A16Z, GV (US), Temasek (Singapore), TPG (US), Baillie Gifford (UK), and Katalyst Ventures (US). 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.

Matternet, Inc. provides complete solutions for automated logistics applications that include drones, stations, and cloud software. The company also provides its solutions to the healthcare, logistics, and ecommerce industries. In November 2020, Matternet launched a medical drone delivery network through a delivery pilot at Labor Berlin Charité Vivantes, a health system in Berlin, Germany. Matternet claims this to be the first urban beyond-visual-line-of-sight (BVLOS) medical drone delivery network in the largest city of the EU, with the potential to serve millions of patients each year.

Related Reports:

Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid) Range (Short <25 km, Long>25 km), Package Size (< 2Kg, 2–5 Kg, > 5Kg), Duration, End Use, Region- Global Forecast to 2030

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Report Code
AS 7465
RI Published ON
4/5/2021
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