Market revenue in 2023 | USD 263.8 million |
Market revenue in 2030 | USD 1,964.6 million |
Growth rate | 33.2% (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 |
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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 North America drone package delivery market based on fixed wing covering the revenue growth of each sub-segment from 2018 to 2030.
The market in North America accounted for the highest revenue share of over 44% in 2023. The North American drone package delivery market is experiencing rapid growth driven largely by advancements in drone technology, leading to increased payload capacities and extended flight ranges.
Regulatory support, particularly in the U.S., with the Federal Aviation Administration (FAA) updating policies to facilitate commercial drone operations and a strong e-commerce sector, are key growth drivers.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America drone package delivery market , including forecasts for subscribers. This continent databook contains high-level insights into North America drone package delivery market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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