Europe Drone Package Delivery Market Size & Outlook
Europe drone package delivery market, 2018-2030 (US$M)
Europe drone package delivery market highlights
- The Europe drone package delivery market generated a revenue of USD 194.2 million in 2023.
- The market is expected to grow at a CAGR of 37.5% from 2024 to 2030.
- In terms of segment, fixed wing was the largest revenue generating type in 2023.
- Fixed Wing is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 194.2 million |
| Market revenue in 2030 | USD 1,805.2 million |
| Growth rate | 37.5% (CAGR from 2023 to 2030) |
| Largest segment | Fixed wing |
| Fastest growing segment | Fixed Wing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Wing |
| Key market players worldwide | Amazon.com Inc, United Parcel Service Inc Class B, Wings Logistics, Zipline, Flytrex, Drone Delivery Canada Corp Variable Voting, FedEx Corp, Workhorse Group Inc, Wingcopter, Matternet |
Other key industry trends
- In terms of revenue, Europe region accounted for 33.1% of the global drone package delivery market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,145.7 million by 2030.
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Drone Package Delivery Market Scope
Drone Package Delivery Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe drone package delivery market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to drone package delivery market will help companies and investors design strategic landscapes.
Fixed wing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Europe drone package delivery market based on fixed wing covering the revenue growth of each sub-segment from 2018 to 2030.
In Europe, the drone package delivery market is propelled by strong regulatory frameworks that facilitate safe drone operations across member states, coupled with a high demand for last-mile delivery solutions in densely populated areas.
Innovations in airspace management and drone traffic control, particularly with the European Union's efforts to create a unified air traffic management system for drones, are critical drivers. Furthermore, environmental concerns and the push for greener alternatives in logistics have also contributed substantially to market growth.
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Target buyers of Europe drone package delivery market databook
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Our clientele includes a mix of drone package delivery market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe drone package delivery market , including forecasts for subscribers. This continent databook contains high-level insights into Europe drone package delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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