Drone Package Delivery Market Size to Reach USD 18.65 Billion in 2028 | Growing Demand for Safer System to Deliver Packages and Increase in Delivery Service Efficiency are Significant Factor Driving Drone Package Delivery Industry Demand, says Emergen Research

VANCOUVER, BC, Sept. 28, 2021 /PRNewswire/ -- 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 market revenue growth can be attributed to growing demand for a safer system to deliver packages, increase in delivery service efficiency to drive brand image, and reduce time from warehouse to doorstep delivery.

Package delivery through traditional road-based methods may involve certain risk to drivers, including potential accidents, delays occurring due to on-road construction activities, or issues with fuel running out. Package delivery drones provide a safer delivery system by eradicating several of these factors during transit. In addition, drones provide the potential of reduced margin of error by delivering the package precisely at the given location, leading to faster deliveries, increased company turnover, and improved productivity.

Click Here to Access Free sample PDF Copy of the Report@ https://www.emergenresearch.com/request-sample/646

Some Key Highlights From the Report

• In January 2021, Verizon's Skyward and United Parcel Service (UPS) Flight Forward Inc. announced its collaboration to use drones (connected via Verizon 4G LTE) to deliver retail products in Florida. Also, the testing for integrating drones with 5G technology is underway.
• Fixed wing drones provide the benefit of flying over larger distances due to the wings that enables reduced drag and use of upward thrust to stay airborne and increased battery life. These advantage makes fixed wing drones more suitable for oil pipeline surveys.
• Increasing focus on curbing carbon emissions is also driving deployment of drones for package deliveries, and this is expected to continue to support growth of the drone delivery package market going ahead. Drones are an eco-friendly choice for package delivery as they are powered by lithium-polymer batteries and eradicate the use of liquid fuels that emit carbon monoxide. Also, researches are underway for development of drones powered by hydrogen fuel cells to combat the issue of carbon emissions.
• Drone package delivery market revenue from Asia Pacific is expected register the fastest CAGR during the forecast period, attributed to presence of major population and consumer base, rising disposable income, and rapid growth of food delivery services and e-commerce platforms.
• 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.

Make Payment [Buy your Exclusive copy]@ https://www.emergenresearch.com/select-license/646

Emergen Research has segmented the global drone package delivery market on the basis of drone type, range, package weight, duration of flight, application, and region:

• 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

Have a look at Report Description and Table of Contents of Market Report@ https://www.emergenresearch.com/industry-report/drone-package-delivery-market

• Regional Outlook (Revenue, USD Million; 2018–2028)
• North America
• a.  U.S.
• b.  Canada
• c.  Mexico
• Europe
• a.  Germany
• b.  U.K.
• c.  France
• d.  Italy
• e.  Spain
• f.  Sweden
• g.  BENELUX
• h.  Rest of Europe
• Asia Pacific
• a.  China
• b.  India
• c.  Japan
• d.  South Korea
• e.  Rest of APAC
• Latin America
• a.  Brazil
• b.  Rest of LATAM
• Middle East & Africa
• a.  Saudi Arabia
• b.  UAE
• c.  South Africa
• d.  Israel
• e.  Rest of MEA

Explore More Reports offered by Emergen Research:

The global breach and attack simulation solutions market size was significantly robust in 2020 and is expected to register a steady revenue CAGR during the forecast period. Rising concerns about data security, increasing demand for compliance needs and cyber security, and rising demand for breach and attack simulation solutions, especially in the banking and financial sector and IT companies, are key factors driving global market revenue growth.

The global cybersecurity mesh market size was significantly robust in 2020 and is expected to register a steady revenue CAGR during the forecast period. Some key factors such as increasing cybercrime threats and scams, rising need for robust cybersecurity infrastructure, and increasing adoption of cybersecurity mesh across small and large organizations are driving global market revenue growth.

The global virtual visor market size was significantly robust in 2020 and is expected to register a steady revenue CAGR over the forecast period. Robust market revenue growth is primarily attributed to increasing incidence of car accidents or road mishaps, rising automotive safety concerns, rapid integration of high-tech safety features in automobiles, and rapid penetration of passenger and commercial vehicles globally.

The global Application Performance Monitoring (APM) market size reached USD 6.54 Billion in 2020 and is expected to register a revenue CAGR of 11.2% during the forecast period. Major factors driving market revenue growth are increasing application IoT-based devices, rising adoption of application performance monitoring solution in SMEs and large enterprises, expanding application of big data analytics, and increasing demand for log management.

About Emergen Research 

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com 
Direct Line: +1 (604) 757-9756
E-mail: sales@emergenresearch.com 
Explore Our Custom Intelligence services | Growth Consulting Services 
Facebook | LinkedIn | Twitter | Blogs 
Read Full Press Release@ https://www.emergenresearch.com/press-release/global-drone-package-delivery-market

Logo: https://mma.prnewswire.com/media/1579538/Emergen_Research_Logo.jpg