Delivery Drones Market Size, Share & Growth Projections

Delivery Drones Market Competitive Landscape & Future Outlook

The delivery drones market is anticipated to grow from USD 1.57 billion in 2025 to USD 37.94 billion by 2034, with a compound annual growth rate (CAGR) of 42.63% during the forecast period from 2025 to 2034.

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Introduction

The delivery drones market is a crucial segment of the automotive technology industry. This industry deals in developing delivery drones across the world. These drones consist of several components such as hardware, software and services. There are various types of delivery drones available in the market consisting of multi-rotor wing, fixed wing and hybrid wing. The delivery drones are used for various applications comprising of retail & e-commerce, healthcare, logistics & transportation, food & beverages, military & defense, agriculture and some others. The growing defense expenditure in different parts of the world has contributed to the industrial expansion. This market is projected to rise significantly with the growth of the mobility sector in different parts of the globe.

• According to the SIPRI, the global military expenditure in 2022 was US$ 2241.5 billion that increased to US$ 2393.6 billion in 2023.

Highlights of the Delivery Drones Market

• North America held the dominant share of the delivery drones market due to the presence of several drone manufacturing brands such as Aerovironment, Cleo Robotics, Ascent Aerosystems, Corvus Robotics and some others.
• Asia Pacific is expected to grow with the fastest CAGR due to the growing application of drones for commercial purposes.
• The hardware segment dominated the market due to the rising adoption of delivery drones in manufacturing sector.
• The retail & e-commerce segment led the market due to the rapid proliferation of smartphones across the world.

Delivery Drones: Investments and Stats

• According to a report by EY, the drone industry helps in boosting the manufacturing sector in India by US$ 23 billion by 2030.
• According to the government of Canada, MP Chahal announced to invest more than US$ 4.3 million for developing the aerospace industry across this nation.
• According to the Ministry of Defence, the government of UK launched a new drone strategy with an investment of around 4.5 billion pounds (US$5.7 billion) for developing unmanned aerial systems in the next decade.
• According to the International Trade Administration, the European Union (EU) estimates that the drone services market will be worth US$ 15 billion by 2030.

Industry Leader Announcement

In June 2024, Ankit Kumar, the CEO of Skye Air announced that, “We are thrilled to collaborate with DTDC on its 35th Foundation Day, leveraging our advanced drone delivery infrastructure to redefine last-mile deliveries in urban areas. By integrating drones into the delivery network, we can bypass traffic congestion, enhancing delivery speed, efficiency, and sustainability. Each drone delivery can save over 520 grams of CO2 emissions compared to traditional methods.”

Competitive Landscape

The delivery drones market is a rapidly developing industry with the presence of several dominating players. Some of the crucial players in this industry consists of Airbus SAS, Amazon.com, Inc., The Boeing Company, DHL International GmbH, Asteria Aerospace, Drone Delivery Canada Corp., Flytrex Inc., Skycart Inc., Wingcopter GmbH and some others. These companies are constantly engaged in developing delivery drones for numerous end-users and adopting various strategies to maintain their dominant position in this industry.

• According to the annual report of Asteria Aerospace, the annual revenue of the company in 2022 was Rs 1870.47 lakhs that increased to Rs 2555.09 lakhs in 2023.

Market Segmentations

By Component

• Hardware 
• Software 
• Services 

By Drone Type

• Multi-rotor Wing 
• Fixed Wing 
• Hybrid Wing 

By Range

• Less than or Equal to 25 Km 
• More than 25 Km 

By Payload

• Less than 2 Kg 
• 2 Kg to 5 Kg 
• More than 5 Kg 

By Duration

• Less than 30 minutes 
• More than 30 minutes 

By Operation Mode

• Remotely Piloted 
• Partially Autonomous 
• Fully Autonomous 

By Application

• Retail & E-Commerce 
• Healthcare 
• Logistics & Transportation 
• Food & Beverages 
• Military & Defense 
• Agriculture 
• Others 

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa