Drone Delivery Services Market

At present, the drone delivery services market is in its introduction stage. The operations costs are high due to the fact that it’s a new technology and the limitation on carrying weights. The common weight carried by drones’ ranges between 1 to 12 Kg. The delivery distance ranges up to maximum 12 to 15 kms. The lack of sophisticated battery technology is hampering the drone delivery services market. Drone delivery services players are increasingly focusing on making batteries cheaper and efficient. The immature and complex regulations related to drone delivery services is the other restraint factor hampering the growth of drone delivery services market. Still, some countries have not drafted the regulations and some are on the way. For e.g., the Government of India is drafting the drone delivery services regulations and it is expected to be ready by year 2018. The main advantage of drone delivery services market is access to a huge untapped e-Commerce market opportunity in rural places. In populous countries like India and China, majority of the population still lives in rural part. Drones provides access to remote areas and cut the operations costs. With the drone delivery services, the customer is not necessarily pre informed and wait for receiving his packages. Drone delivery will improve the instant gratification at consumer end and it will provide a competitive edge for businesses.

Drone Delivery Services: Market Segmentation

Drone Delivery Services Market: Regional outlook

Drone delivery services market has been segmented on the basis of region into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.  North America is expected to dominate the overall global drone delivery services market, followed by Western Europe. This is due to increasing investments, launching of new startups related to drone delivery services market. China, South Korea and India are expected to drive the APEJ drone delivery services market.

Drone Delivery Services Market: Key players

Some of the players associated with the global drone delivery services market are SenseFly Ltd., Airware, Inc., DroneDeploy Inc., Sharper Shape Inc., Sky Futures Ltd., Cyberhawk Innovations Ltd., Aerobo, DroneCloud, Sentera, LLC, Agribotix LLC, Amazon.com, Inc., JD.com, Inc., Deutsche Post DHL and Others.

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