Delivery Drones Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

The Business Research Company’s Delivery Drones Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026

LONDON, GREATER LONDON, UK, February 8, 2022 /EINPresswire.com/ -- Growing technological advancements are shaping the delivery drones market. The delivery drones market outlook changed over the past few years; drones have become extremely prevalent as many individuals and organizations are completely accepting and incorporating this technology into their business models. For instance, Wing, the drone shipping firm operated by Google's parent company Alphabet, became the first US organization to receive permission from the Federal Aviation Authority (FAA) to start testing deliveries. It has collaborated with Walgreens that has a store across 78% of the area of the country within 5 miles reach, which means that almost 80% of the US will be in the range of Wing shipments if and when the technology is more extensively deployed.

The global delivery drone market size is expected to grow from $1.26 billion in 2021 to $1.47 billion in 2022 at a compound annual growth rate (CAGR) of 17.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The delivery drone market is expected to reach $3.74 billion in 2026 at a CAGR of 26.2%.

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https://www.thebusinessresearchcompany.com/report/delivery-drones-global-market-report

Delivery drones market analysis shows that the increasing demand for drone deliveries during COVID-19 contributed to the growth of the market. During COVID-19, contactless distribution expanded and drones play a crucial role in ensuring the companies and clients contact as little as needed. Drones were heading to the sky in massive numbers during the pandemic to bring vital goods and drugs to the population in lockdown. In 2020, Alphabet's drone delivery company Wing has seen significant growth in demand as individuals comply with social distancing guidelines during the COVID-19 outbreak. Many individuals have been using the service in recent months as the coronavirus pandemic continues, and Wing found that between February 2020 and April 2020, in Australia, the use of its service increased by 500%. Therefore, the increasing demand for drone deliveries during COVID-19 drives the delivery drones market growth.

Major players covered in the global delivery drones industry are Airbus SE, DJI Technology Co. Ltd, Flirtey, EHANG, Zipline, Uber Technologies Inc., United Parcel Service of America Inc., Alibaba Group Holding Ltd, Deutsche Post AG, Skycart, FedEx Corporation, Amazon, Wing Aviation LLC, Skycatch, Inc, JD.com, Matternet Inc., and The Boeing Company.

TBRC’s global delivery drones market report is segmented by drone type into fixed wing drones, rotor drones, hybrid drones, by weight into less than 1 kg, 1 kg to 2 kg, by application into e-commerce, quick-service restaurants (QSR), healthcare, others.

Delivery Drones Global Market Report 2022 – By Drone Type (Fixed Wing Drones, Rotor Drones, Hybrid Drones), By Weight (Less Than 1 Kg, 1 Kg to 2Kg), By Application (E-commerce, Quick-service Restaurants (QSR), Healthcare) – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides a delivery drones market overview, forecast delivery drones market size and delivery drones market growth for the whole market, delivery drones market segments, geographies, delivery drones market trends, delivery drones market drivers, restraints, leading competitors’ revenues, profiles, and market shares.

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