DELIVERY/SHIPPING DRONES MARKET ANALYSIS

Delivery/Shipping Drones MarketSize and Trends

Delivery/Shipping drones are unmanned aerial vehicles used for transportation of small goods such as food, beverages, medicines, and automotive equipment. Delivery drones market is in development phase and it is projected to offer major growth potential over the forecast period, owing to time saving characteristics and reduced efforts from human workforce.

Daily gross of the manual workforce required for transport and shipping of goods has witnessed considerable surge over the last few years. For instance, according to U.S. Bureau of Labor Statistics, average private industry worker salary registered an increase 2.6% over the twelve-month period. Increasing wages are challenging for business development, which is creating demand for automated products. Delivery drones have are gaining significant traction, owing to ease of operation and reduced time of delivery, which is expected boost growth of the market over the forecast period.

Moreover, predominant requirement of transportation and logistics in B2C business segments, such as ecommerce and food & beverages are anticipated to be the primary users of this technology. According to Coherent Market Insights, 15% of the total shipping workforce in these business sectors is projected to be replaced by delivery drones by 2025.

Market Trends