Drones have up to 4-8 propellers and are rechargeable. The drone is used for delivering medicinal and pharmaceutical products, food and beverages, etc. Drones can be used for delivering packages, food, and beverages, medical supplies, etc. Drone deliveries are carried out using manually operated or autonomous unmanned aerial vehicle (UAV). Global Drone Package Delivery Market is Growing Due to Soaring Retail and E-Commerce Sector in Urban Areas and Retail Companies Leveraging New Technologies for Rapid Deliveringĭrones are an unmanned aerial vehicle and are operated with different degrees of autonomy. The global Drone Package Delivery Market is expected to grow at a compound annual growth rate (CAGR) of 42% from 2020 to 2027. 10, 2020 (GLOBE NEWSWIRE) - Facts and Factors have published a new research report titled “Drone Package Delivery Market By Solution (Platform, Infrastructure, Software, and Service), By Duration (Short Duration and Long Duration), By Range (Short Range and Long Range), By Package Size (5 KG), and By Regions – Global Industry Analysis on Growth, Size, Share Trends, and Forecast, 2018 – 2025”.Īccording to the research report, the global Drone Package Delivery Market was estimated at USD 530 million in 2019 and is expected to reach USD 6,051 million by 2026.
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