The global drone delivery service market is expected to witness a high growth rate during the forecast period 2023-2030, owing to the growing demand of instant or same day delivery globally. Moreover, the need of contact less deliveries for the safety of consumers as well as service providers especially during medical emergencies such as COVID-19 or any communal disease spread is also a major driving factor of the drone delivery service market. However, the lack of consumer's acceptance toward autonomous UAVs and congested urban airspace act as major challenges for the market.
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The drone delivery service market has witnessed various forms of market dynamics across different regions of the globe. Moreover, the drone manufacturing companies have recently witnessed a rising demand from countries such as the Japan, U.S., China, Singapore, India, France, Germany, and others. The following figure represents the global market by region. It includes North America, Europe, Asia-Pacific, and Rest-of-the-World. Several companies have started their trials for delivery such Project Wing of Google (Alphabet Inc.) has started its BVLOS drone delivery trials in Virginia area. Also, In March 2019, Flitey started its trials for BVLOS drones in Reno. In Canada, delivery drone is expected to disrupt the market of retail industry by transforming its distribution channel completely. Additionally, Canadian aviation authority is also focusing on air traffic solutions to enhance the safety of public and reliability of their delivery drones when operated urban areas. For instance, In Aug 2018, Transport Canada approves the testing of X1400 cargo delivery drone of the company Drone Delivery Canada.
The key players of e-commerce market as well as various startups have also opted last-mile delivery services as a unique selling point of their products compared to their competitors. The e-commerce companies such as Amazon, Alibaba, 7Eleven, and JD.com, among others are providing their product deliveries through drones for providing faster deliveries to the consumers. Such last mile deliveries are traditionally done by motor bikes, trucks or any grounded vehicles.
The global drone delivery service market is presently one of the most competitive markets among all unmanned air vehicles market, with the leading players actively competing against each other to gain a greater share in the industry. The competitive landscape of the delivery drone service market exhibits an inclination toward emerging strategies and developments by market players.
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The key players that are actively participating in the drone delivery service market 7-Eleven, Airbus SAS, Alibaba, Amazon Prime Air, Boeing, Cheetah Logistics Technology, DHL International GmBH, Drone Delivery Canada Corp., Flirtey, FlyTrex, Wing Aviation LLC (Alphabet), Manna Aero, Matternet Inc., Rakuten Drone, Skycart Inc., Uber Technologies Inc., United Parcel Service, Zipline, and Zomato, among others.
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