The global short-range drone package delivery market is experiencing a significant growth due to demand for faster delivery system. Short-range drone package delivery is delivery service of packages, food, and other products after their online purchase using drones over short distances, less than 25 KM, in a single charge. Drone package delivery is being used by major retail and logistics companies around the world such as Amazon and Dominos to deliver products hassle free to the consumers. Further, the major retailers such as Walmart are testing drone delivery services and drone delivery systems to achieve a profitable last mile delivery and provide better buyer experience.
COVID-19 scenario analysis:
COVID-19 pandemic has forced people to stay indoors to comply with government enforced lockdown all over the world to slow down the spread of the virus.
Drone package delivery system has witnessed an upsurge since the implementation of the lockdown to deliver the essentials such as food and medicine to customers as their homes.
Drone manufacturers are however facing production down time due to lack of site of access restrictions and supply chain disruption of drone components due to government measures to contain the spread of COVID-19.
The drone delivery service providers are unable to procure more drones from the drone manufacturers to keep up with the demand for drone package delivery.
Drone usage for street surveillance by police to maintain public order has also witnessed a huge increase since the COVID-19 pandemic.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 : https://www.alliedmarketresearch.com/request-toc-and-sample/9712
The global drone package delivery market trends are as follows:
Demand for faster delivery
The growing competition in e-commerce has increased the demand for faster delivery. For instance, in 2020, Swiggy (food delivery company based in Bengaluru, India) partnered with drone and ANRA Technologies (traffic management solution provider headquartered in Washington DC, US) to test beyond visual line of sight (BVLOS) drones for deliveries.
ANRA-led consortium which includes Indian Institute of Technology (IIT), Ropar (engineering college in Punjab, India) and BetterDrones (drone training service provider headquartered in UP, India) have collaborated to start pilots on delivering consumable items on-demand to residents in and around IIT, Ropar campus. Swiggy customers in the campus will be able to place on-demand orders for snacks, food items, beverages and other essentials using the Swiggy app powered by the ANRA Technologies’ SmartSkies platform. Such demand for faster delivery is expected to drive the global short-range drone package delivery market.
𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 : https://www.alliedmarketresearch.com/purchase-enquiry/9712
Key benefits of the report:
This study presents the analytical depiction of the global short-range drone package delivery industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global short-range drone package delivery market share.
The current market is quantitatively analyzed to highlight the global short-range drone package delivery market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global short-range drone package delivery market analysis based on competitive intensity and how the competition will take shape in coming years.
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Further, this report also highlights smart strategy adopted by major players and also their market share.
Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the drone package delivery market include Amazon.com, Inc., FedEx, United Parcel Service of America, Inc., Boeing, DHL International GmbH, Matternet, Inc., Zipline, Flirtey, Drone Delivery Canada Corp., Flytrex, Workhorse Group Inc., Wing Aviation LLC, Airbus S.A.S..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Drone Package Delivery Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/drone-package-delivery-market/download-sampleMarket DynamicsThe high demand for faster delivery and amendments in the regulatory framework to promote drone package delivery worldwide is the primary factor driving the drone package delivery market over the forecast period.
In addition to that, augmented use of light and low-cost payload drones for product delivery by start-ups will leads to more demand for drones in the future.
The high usage of delivery drones in the e-commerce sector, convenience stores, quick-service restaurants, and healthcare sectors contributes to the drone package delivery market's growth.
