ATTRACTIVE GROWTH OPPORTUNITIES IN DRONE PACKAGE DELIVERY MARKET


Posted June 29, 2022 by roamina_robins

Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid), Range (Short 25 Km), Package Size, Duration, End Use, Operation Mode, Region (2022-2030)
 
According to a research report "Drone Package Delivery Market by Solution (Platform, Infrastructure, Software, Service), Type (Fixed-Wing, Multirotor, Hybrid), Range (Short 25 Km), Package Size, Duration, End Use, Operation Mode, Region - Global Forecast to 2030" published by MarketsandMarkets, 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 growth of the market across the globe can be attributed to surging demand for quick, instant, same day delivery, and emergency supplies and rising amendments in regulatory frameworks to encourage drone package delivery and increasing demand for lowering carbon emission.

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Based on solution, the drone package delivery market has been classified into platform, software, infrastructure, and service. Drones are increasingly being adopted for the delivery of food items, product packages, and medical supplies, among others. The growing use of delivery drones leads to the requirement for proper software and infrastructure that support them. The Platform segment is projected to lead the drone package delivery market during the forecast period.

Based on package size, the drone package delivery market has been segmented into 5 kilograms. Package size or payload capacity is an important parameter in delivery drones. Presently, these drones have a limited payload capacity. However, ongoing advancements in drone logistics are expected to boost the payload carrying capacity of delivery drones. The
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Categories Aerospace , Defense
Last Updated June 29, 2022