Seattle, WA -- (SBWIRE) -- 09/30/2019 -- Delivery drones have witnessed significant adoption in the transport & logistics applications during the forecast period, owing to increasing development in drones industry for introduction of high payload drones for sectors such as logistics and goods delivery. However, complex terrain and limited range of delivery drones are some major factors expected to restrain growth of the market during the forecast period. Requirements of proper knowledge and high expertise for maneuvering delivery drones are another factors hampering growth of the delivery drones market.

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Market Dynamics

The global delivery drones market growth is attributed to rise in demand of delivery drones in e-commerce, healthcare sector, and quick service restaurants for transportation and logistics of goods are some of the major factors driving growth of the delivery drones market. For instance, goods delivery companies such as Amazon, Google, and UPS are experimenting in Unmanned Aerial Vehicles (UAVs) for delivery of goods in different areas. In addition to this, in 2017, Airbus released Skyways drone delivery services in Singapore.

Furthermore, e-commerce industry players are focusing in the development of drones for transportation and delivery of goods. For instance, in 2016, Amazon signed a contract with the UK government for testing of drones for goods delivery. In December 2016, Amazon delivered its first product in the UK through autonomous drones. According to the company the product was delivered to the customer after 13 minutes of order. Such factors are expected to boost growth of the delivery drone market in the near future.

However, logistical challenges and stringent regulations of Federal Aviation Administration (FAA) for usage of drones at different regions are restricting the usage of delivery drones for logistics and transportation enterprises.

Key features of the study:

1. This report provides in-depth analysis of delivery drones market size (US$ Million), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018– 2026), considering 2017 as the base year
2. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
3. This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
4. It profiles leading players in the global delivery drones market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, delivery drones market capital, key developments, strategies, and future plans
5. Companies covered as part of this study include the Boeing Company, Airbus SE, CyPhy Works, JD.com, SKYCART Inc., Drone America, Matternet, SZ DJI Technology Co. Ltd., and others
6. Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
7. The global delivery drones market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
8. Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global delivery drones market.

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