States Fact.MR: Increased Demand for Autonomous Drone Delivery Services Due to the E-Commerce Industry.

Consumers Worldwide Demand Fast Delivery To Make It Lucrative For The Autonomous Drone Delivery Industry Growth

Rockville, Jan. 20, 2023 — The market for autonomous drone delivery in the global market experienced a 16.0% growth rate during the period 2018-2022. It is projected to reach a market value of US$ 325.0 millions by 2023. The market is expected to grow at a 25.0% CAGR during the forecast period 2023-2033. reach US$ 3,026.8 million by the end of 2033.

Demand for fast delivery and an increase in food delivery services is driving the autonomous drone market. Consumers expect faster delivery due to the increasing demand for online shopping. Logistics companies now use autonomous drone delivery to ensure that packages are delivered quickly and accurately to their customers.

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Market Study: Key Takeaways

• Market growth will be 25.0% during 2023-2033

• East Asia has the fastest growth among all regions with a CAGR of 26.0%

• About 44.0% of the share of end-user segment was held by logistics industry.

• In 2018-2022, the global autonomous drone delivery market grew by 16.0%

Drones are also becoming more popular due to their environmental benefits over vans, electric cars, and diesel cars. It significantly reduces carbon emissions and avoids traffic collisions. This is why autonomous drone delivery will be a major demand in the logistics industry over the forecast period.

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Market Development

The market is comprised of both small & large market players. The business environment is highly competitive with rigorous moves adopted by market players regarding the launch of new autonomous drones for delivery purposes and securing investment from both government & private players. The market will experience remarkable growth due to the introduction of utility in the ecommerce industry.

Competitive Landscape

With both new and established market players, the autonomous drone delivery market market is fragmented. These market players have taken various initiatives to gain a competitive advantage over their competitors, such as product launches or expansion. Take, for example:

• In April 2022, Agility Corporation announced to introduction its full-scale ATLIS hybrid cargo VTOL UAV. This product will provide long-range and heavy-life delivery.

• In October 2022, Aerialoop received investment from Kamay Ventures to develop autonomous delivery drones which are rain & windproof. These drones will likely be used for cross-border marketing.

Key Companies Profiled

• Aergility

• Aerialoop

• Aerit

• Antwork

• Aviant

• Dove Air

• Droneup

• F-Drones

• Flying Basket

• Flytrex

• Jedsy

• Manna

• Matternet

• Mission Go

• Rakuten Drone

• SkyDrop

• Speed Bird

• Spright

• Volansi

• Zipline

Fact.MR published a report that provides detailed information about the market leader in Autonomous Drone Delivery. It also includes revenue growth and the expansion of service offerings.

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Segmentation in the Autonomous Drone Delivery Market

• Capacity:

  • As much as 5 lbs

  • 6-10 lbs

  • More than 10 lb

• By Customer Type:

• By End-use Industries :

  • Healthcare

  • Retail

  • Food

  • Logistics

• Region:

  • North America

  • Latin America

  • Europe

  • East Asia

  • South Asia & Oceania

  • Middle East & Africa

More valuable insights

Fact.MR presents a new offering that provides an impartial analysis of the global autonomous-drone delivery market. This includes historical market data (2018-2022), and forecast statistics (2023-2033).

The study reveals essential insights on the basis of capacity (upto 5 lbs, 6-10 lbs and above 10 lbs), customer type (retail and commercial), end-use industry (healthcare, retail, food and logistics) across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

You can also find other related studies from Fact.MR Research. 

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