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Allied Market Research

Short-Range Drone Package Delivery Market by Duration (Long Duration (>30 Minutes) and Short Duration (<30 Minutes)), Package Size (< 2 Kilograms, 2 – 5 Kilograms and > 5 Kilograms) and Solution (Service, Software, Platform and Infrastructure): Global Opportunity Analysis and Industry Forecast, 2020–2027

A09347
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Aug 2021 | 219 Views
 
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Short-Range Drone Package Delivery Market Outlook – 2027

The global short-range drone package delivery market is experiencing a significant growth due to demand for faster delivery system. Short-range drone package delivery is delivery service of packages, food, and other products after their online purchase using drones over short distances, less than 25 KM, in a single charge. Drone package delivery is being used by major retail and logistics companies around the world such as Amazon and Dominos to deliver products hassle free to the consumers. Further, the major retailers such as Walmart are testing drone delivery services and drone delivery systems to achieve a profitable last mile delivery and provide better buyer experience.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period  

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Duration, Package Size, Solution, and Region

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM) and The Middle East and Africa

  Companies covered

Drone Delivery Canada Corp., Amazon.com Inc., Cheetah Logistics Technology, FedEx, United Parcel Service of America Inc., Boeing, Zipline, DHL International GmbH, Drone Scan, and BIZZBY.

 

COVID-19 scenario analysis: 

COVID-19 pandemic has forced people to stay indoors to comply with government enforced lockdown all over the world to slow down the spread of the virus.

Drone package delivery system has witnessed an upsurge since the implementation of the lockdown to deliver the essentials such as food and medicine to customers as their homes.

Drone manufacturers are however facing production down time due to lack of site of access restrictions and supply chain disruption of drone components due to government measures to contain the spread of COVID-19.

The drone delivery service providers are unable to procure more drones from the drone manufacturers to keep up with the demand for drone package delivery.

Drone usage for street surveillance by police to maintain public order has also witnessed a huge increase since the COVID-19 pandemic.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Surge in usage of internet of things (IoT) in drone delivery system, increase in demand for faster delivery, and rise in carbon emission-free transport solutions are the factors that drive the global drone package delivery market. However, limited drone operability in harsh weather and near high-rise buildings hinder the market growth. On the contrary, developments in drone technology, reduced cost for consumers, and addition of giant market players in drone delivery ecosystem present new pathways in the industry.

The global drone package delivery market trends are as follows:

Demand for faster delivery

The growing competition in e-commerce has increased the demand for faster delivery. For instance, in 2020, Swiggy (food delivery company based in Bengaluru, India) partnered with drone and ANRA Technologies (traffic management solution provider headquartered in Washington DC, US) to test beyond visual line of sight (BVLOS) drones for deliveries. ANRA-led consortium which includes Indian Institute of Technology (IIT), Ropar (engineering college in Punjab, India) and BetterDrones (drone training service provider headquartered in UP, India) have collaborated to start pilots on delivering consumable items on-demand to residents in and around IIT, Ropar campus. Swiggy customers in the campus will be able to place on-demand orders for snacks, food items, beverages and other essentials using the Swiggy app powered by the ANRA Technologies’ SmartSkies platform. Such demand for faster delivery is expected to drive the global short-range drone package delivery market.

Key segments covered:

Segments

Sub-segments

  Duration

  • Long Duration (>30 Minutes)
  • Short Duration (<30 Minutes)

  Package Size

  • < 2 Kilograms
  • 2 – 5 Kilograms
  • > 5 Kilograms

  Solution

  • Service
  • Software
  • Platform
  • Infrastructure


Key benefits of the report:

  • This study presents the analytical depiction of the global short-range drone package delivery industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global short-range drone package delivery market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global short-range drone package delivery market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global short-range drone package delivery market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the short-range drone package delivery market research report:

  • Which are the leading market players active in the short-range drone package delivery market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

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AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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