Vancouver, BC -- (SBWIRE) -- 05/03/2021 -- The global drone package delivery market size is expected to reach USD 18.65 Billion at a steady CAGR of 54.5% in 2028, according to latest analysis by Emergen Research. Steady global drone package delivery market revenue growth can be attributed to growing need for faster and secure delivery, especially for retail supplies. Drone package delivery is garnering significant traction due to rapid growth of the e-commerce industry and shifting consumer focus and demand for timelier parcel and package delivery.

The latest industry intelligence research on the Drone Package Delivery market offers a repository of valuable data on the size, share, and growth rate of the Drone Package Delivery market for the forecast period, 2020 - 2028. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2020 - 2028 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.

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Drone package delivery market in North America accounted for largest revenue share in 2020, attributed to rising adoption of advanced technologies in the retail (including e-commerce) and healthcare sectors. In addition, increasing defense budget and presence of leading drone manufacturing companies in the region is driving market growth.

Key players in the market include FedEx Corporation, Workhorse Group Inc., Amazon, The Boeing Company, Zipline, Skycart Inc., Matternet Inc., Deutsche Post DHL Group, Fli Drone, and EHang.

Important Points Mentioned in the Drone Package Delivery Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.

Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years' sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.

Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.

Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.

Factors such as robust presence of international Drone Package Delivery solutions providers such as Oracle Corporation, TIBCO Software Inc., MicroStrategy Incorporated, and Cloudera, Inc. in countries in North America is expected to drive growth of the market in the region during the forecast period.

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Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Drone Type Outlook (Revenue, USD Million; 2018–2028)
Fixed Wing
Rotary Wing
Hybrid

Range Outlook (Revenue, USD Million; 2018–2028)
Long Range (above 25 Km)
Short Range (less than 25 Km)

Package Weight Outlook (Revenue, USD Million; 2018–2028)
Less than 2 Kg
2 Kg to 5 Kg
Above 5 Kg

Duration of Flight Outlook (Revenue, USD Million; 2018–2028)
Less than 30 Minutes
Over 30 Minutes

Application Outlook (Revenue, USD Million; 2018–2028)
Retail & E-Commerce
Food Delivery
Medical
Logistics
Agriculture
Military
Others

To offer more clarity on the current business environment researchers probe into the import and export status, supply chain management, demand and supply, consumption capability and manufacturing capacity. When assessing the size of the industry special consideration is given to the value and volume of the products and services offered on a year on year basis.

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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?

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Table of content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2028
Chapter 3. Key Insights
Chapter 4. Drone Package Delivery Market Segmentation & Impact Analysis
4.1. Drone Package Delivery Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for growing medicinal application
4.2.2.2. Rising legalization of Drone Package Delivery
4.2.2.3. Technological advancement in product invention
4.2.3. Market restraints analysis
4.2.3.1. The complex regulatory framework for the usage of Drone Package Delivery
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continued…