Delivery Drones Market Size

Statistics for the 2023 & 2024 Delivery Drones market size, created by Mordor Intelligence™ Industry Reports. Delivery Drones size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Delivery Drones Industry

Delivery Drones Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 0.69 Billion
Market Size (2029) USD 1.75 Billion
CAGR (2024 - 2029) 20.33 %
Fastest Growing Market Asia Pacific
Largest Market North America

Major Players

Delivery Drones Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Drone Delivery Market Analysis

The Delivery Drones Market size is estimated at USD 0.69 billion in 2024, and is expected to reach USD 1.75 billion by 2029, growing at a CAGR of 20.33% during the forecast period (2024-2029).

With the increased demand for drone delivery services globally, various countries are implementing favorable policies to support the operation of drones in their airspace, which is expected to accelerate the growth in procurements of drones to offer new delivery routes for remote areas during the forecast period. Furthermore, various companies, such as Google LLC, Inc., and Deutsche Post DHL Group, have been investing in developing and deploying their fleet of delivery drones. Various companies entered the market over the years, performed their first flights, and received approvals from bodies regarding the usage of delivery drones.

On the other hand, strict airspace regulations across major countries of the world, including certifications, manufacturing standards, and complex licensing procedures, hinder market growth. Also, drone OEMs faced challenges in imports/ exports of UAVs and their components worldwide due to strict regulations. However, increased investments toward the development and integration of beyond visual range of sight (BVLOS) capabilities to drones will allow companies to cover far greater distances, which is anticipated to open a new scope of opportunities for the market.

Drone Delivery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)