MarketersMEDIA / Newsroom / Global Drone Package Delivery Market is expected to reach $8,716.22 million by 2027 growing at a CAGR 42.8% during 2018 to 2027.

Global Drone Package Delivery Market is expected to reach $8,716.22 million by 2027 growing at a CAGR 42.8% during 2018 to 2027.

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Some of the key players profiled in the Drone Package Delivery include Zipline, Workhorse Group Inc., Wing Aviation LLC, Boeing, Amazon.Com, Inc., Altitude Angel, and Airbus S.A.S.

— Factors such as increasing demand for faster delivery, increasing demand for reducing carbon emissions, and increasing demand from start-UPS for low cost and light payload drones are driving the growth of the market. However, lack of required infrastructure to support drone delivery operations in emerging economies is hampering the market.

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Drone allows accelerated delivery time, improved accuracy and reduces human cost associated with delivery. The market for delivering goods is massive, shopping; logistic online shopping businesses are investing heavily in the entire supply chain up to the last mile delivery to make it fast and efficient.

Based on package size, 2 kilograms load carrying delivery drones are mainly used for the delivery of food packages and medicinal packages during medical emergencies and relief goods in extreme environmental conditions or during natural calamities. The rise in demand for instant delivery of medical packages is anticipated to fuel the demand for drones capable of delivering packages weighing <2 kilograms during the forecast period. Access the complete report at: https://www.strategymrc.com/report/drone-package-delivery-market

By geography, Asia Pacific is likely to have a huge demand owing to China and Japan are the major markets in the region and are leaders in the manufacturing of advanced delivery drones for commercial usage.

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Duration Covered:
• Long Duration (>30 Minutes)
• Short Duration (25 Kilometers)
• Short Range (<25 Kilometers) Package Sizes Covered: • 5 Kilograms • 2–5 Kilograms Solutions Covered: • Software • Platform • Service • Infrastructure • Other Solutions Regions Covered: • North America o US o Canada o Mexico • Europe o Germany o France o Italy o UK o Spain o Rest of Europe • Asia Pacific o Japan o China o India o Australia o New Zealand o South Korea o Rest of Asia Pacific • South America o Argentina o Brazil o Chile o Rest of South America • Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa What our report offers: - Market share assessments for the regional and country level segments - Market share analysis of the top industry players - Strategic recommendations for the new entrants - Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Follow us on Twitter: https://twitter.com/StratisticsMRC Follow us on LinkedIn at: https://www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile About Stratistics MRC We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.

Contact Info:
Name: James Lamb
Email: Send Email
Organization: Stratistics Market Research Consulting Pvt Ltd
Phone: +1-301-202-5929
Website: https://www.strategymrc.com/

Source URL: https://marketersmedia.com/global-drone-package-delivery-market-is-expected-to-reach-871622-million-by-2027-growing-at-a-cagr-428-during-2018-to-2027/88946704

Source: MarketersMedia

Release ID: 88946704

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