Cargo Delivery Drone Trends and Forecast
The future of the global cargo delivery drone market looks promising with opportunities in the e-commerce, QSR, convenience store, and healthcare markets. The global cargo delivery drone market is expected to grow with a CAGR of 28.4% from 2024 to 2030. The major drivers for this market are increasing demand for faster and more efficient logistics solutions, advancements in drone technology, and growing emphasis on reducing carbon emissions.
• Lucintel forecasts that rotary-wing is expected to witness the higher growth over the forecast period.
• Within this market, e-commerce is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States –Amazon Prime Air announced plans to expand drone delivery services to more cities, targeting faster delivery times. The FAA granted UPS Flight Forward approval to operate an unlimited number of drones. Government initiatives focus on streamlining regulations to facilitate drone deliveries. Walmart aims to use drones for last-mile delivery.
China –JD.com unveiled a large-scale drone delivery network in rural areas, aiming to improve accessibility and efficiency. The Chinese government set ambitious targets for drone delivery expansion, emphasizing technological innovation and regulatory support. AlibabaÄX%$%Xs Cainiao Network aims to triple its drone delivery capacity, leveraging AI and automation technologies.
India –Zomato announced trials for drone delivery of food, partnering with a local drone manufacturer. The Indian government unveiled plans to establish dedicated drone corridors for cargo delivery, facilitating industry growth. Flipkart aims to achieve 100% electric delivery fleet, including drones, by 2030, aligning with sustainability goals.
Germany –DHL Express collaborated with EHang to launch a fully automated drone delivery route in urban areas. The German government introduced incentives to promote the adoption of drone technology in logistics, targeting improved efficiency and reduced congestion. Deutsche Post DHL set a goal to achieve carbon-neutral delivery operations by 2050, including drone fleets.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cargo Delivery Drone by Segment
The study includes a forecast for the global cargo delivery drone by type, application, and region.
Cargo Delivery Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Rotary-Wing
• Fixed-Wing
Cargo Delivery Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• E-Commerce
• QSR
• Convenience Stores
• Healthcare
• Others
Cargo Delivery Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cargo Delivery Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cargo delivery drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cargo delivery drone companies profiled in this report include-
• DJI
• AldoraTech
• Airbus
• Zipline International
• Flirtey
• Ehang
• Shanghai UVS Intelligence System
Recent Development in the Cargo Delivery Drone Market
Amazon Prime Air: Expanded drone delivery services to additional cities, aiming for faster delivery times and enhanced customer convenience.
UPS Flight Forward: Received approval from the FAA to operate an unlimited number of drones, signaling significant growth potential in the drone delivery market.
JD.com: Launched a large-scale drone delivery network in rural areas, focusing on improving accessibility and efficiency in logistics operations.
AlibabaÄX%$%Xs Cainiao Network: Tripled its drone delivery capacity, integrating AI and automation technologies to enhance operational efficiency.
Zomato: Conducted trials for drone delivery of food, partnering with a local drone manufacturer to explore new delivery methods.
DHL Express: Collaborated with EHang to launch a fully automated drone delivery route in urban areas, showcasing advancements in drone technology for last-mile delivery.
Flipkart: Set a goal to achieve a 100% electric delivery fleet, including drones, by 2030, aligning with sustainability objectives and driving innovation in logistics.
Deutsche Post DHL: Committed to achieving carbon-neutral delivery operations by 2050, including the utilization of drone fleets, in line with environmental sustainability efforts.
Features of the Global Cargo Delivery Drone Market
Market Size Estimates: Cargo delivery drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cargo delivery drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Cargo delivery drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the cargo delivery drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cargo delivery drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for cargo delivery drone market?
Answer: The global cargo delivery drone market is expected to grow with a CAGR of 28.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the cargo delivery drone market?
Answer: The major drivers for this market are increasing demand for faster and more efficient logistics solutions, advancements in drone technology and growing emphasis on reducing carbon emissions.
Q3. What are the major segments for cargo delivery drone market?
Answer: The future of the cargo delivery drone market looks promising with opportunities in the e-commerce, QSR, convenience store, and healthcare markets.
Q4. Who are the key cargo delivery drone market companies?
Answer: Some of the key cargo delivery drone companies are as follows:
• DJI
• AldoraTech
• Airbus
• Zipline International
• Flirtey
• Ehang
• Shanghai UVS Intelligence System
Q5. Which cargo delivery drone market segment will be the largest in future?
Answer: Lucintel forecasts that rotary-wing is expected to witness the higher growth over the forecast period.
Q6. In cargo delivery drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cargo delivery drone market by type (rotary-wing and fixed-wing), application (e-commerce, QSR, convenience stores, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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