- Created by: Jannashar
- Created on: 02-05-23 13:35
The latest report on the global Drone Delivery Service Market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Drone Delivery Service Market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Drone Delivery Service Market growth and expansion in each key region of the world.
By 2027, the market for drone delivery services would be valued USD 9.51 billion. One of the major reasons anticipated to drive the growth of the drone delivery service market is the expanding use of drones in commercial applications such as food delivery and the transportation of medical supplies. Unmanned aerial vehicle markets are projected to expand to include countries in continents including Europe and Asia-Pacific.
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The Federal Aviation Administration's (FAA) approval of a number of exemptions to permit and commercialise the use of drones across a number of industries is another factor fueling the expansion of the drone logistics and drone transportation markets. Companies utilise a variety of drone kinds. Numerous businesses have been investing in rotary-wing drones in an effort to use them as a potential platform for logistics. For instance, in October 2019 Uber Eats made public the specifics of their plans for drone-based food delivery.
The global Drone Delivery Service industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Key participants include FedEx, Amazon.com, Inc, Boeing, DHL International GmbH, Matternet, Inc., United Parcel Service of America, Zipline, Drone Delivery Canada Corp., Flirtey, Workhorse Group Inc. and Flytrex among others.
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How will this Report Benefit you?
The 250-page report by Emergen Research contains 194 tables and 189 charts…