The Prospects Of Delivery Drones Market

FDD50 fixed-wing VTOL delivery drone

With the development of drone technology, drones have been applied in many industries. In recent years, the delivery drone market is developing rapidly. Logistics drones save time and cost more than land transportation. Specifically designed to transport goods, medical supplies or food. It can transport items from one location to another within a defined area.

Drones or Unmanned Aerial Vehicles (UAVs) have evolved significantly over the years since their inception. Modern delivery drones are superior and more efficient than their predecessors, capable of delivering moderately heavy objects to precise locations.

Zipline is an American medical product delivery drone company that is headquartered in South San Francisco, California, and designs, manufactures, and operates delivery drones. The company operates distribution centers in Rwanda, Ghana, and the US. As of February 2021, its drones have flown more than 4,000,000 miles and made nearly 400,000 deliveries in the last five years

Impact of COVID-19:

Amid the COVID-19 pandemic, the global delivery delivery drone market has seen a significant decline. Since the outbreak of COVID-19, many countries have suspended all business activities. In order to control the spread of the virus and avoid face-to-face contact with people, medical departments in many countries have gradually adopted logistics drones to deliver vaccines.

The Global Delivery Drone Market is segmented into:

· Fixed-wing UAV
· Multi-rotor UAV
· Hybrid drones

The Global Delivery Drone Market is segmented into:

· food
· medical
· Retail and Logistics

· Others (defense, disaster management, emergency relief)

The delivery drone market is growing at a CAGR of 40% and is expected to reach $1.29 billion by 2028.