Drone Package Delivery Global Market Report 2022 – QNT Press Release

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New York, Feb. 15, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Drone Package Delivery Global Market Report 2022” – https://www.reportlinker.com/p06229764/?utm_source=GNW
Flytrex, Cheetah Logistics Technology, Wing Aviation LLC, Airbus SAS, Skycart Inc., DroneScan, Edronic, Altitude Angel, Fli Drone and BIZZBY.

The global drone package delivery is expected to grow from $1.01 billion in 2021 to $1.46 billion in 2022 at a compound annual growth rate (CAGR) of 45.0%. The growth is mainly due to the increasing demands of contactless delivery during COVID-19 and social social distancing. The market is expected to reach $6.36 billion in 2026 at a CAGR of 44.5%.

The drone package delivery market consists of sales of drone package delivery services by entities (organizations, sole traders and partnerships) that deliver packages through drones. Delivery drones are unmanned aerial vehicles (UAVs) capable of carrying lightweight packages.

Delivery drones are functional independently or remotely, with controllers theoretically monitoring several drones at one time.

The main types of drone package delivery are fixed wing, rotor drone and hybrid drones. A fixed-wing UAV (Unmanned Aerial Vehicle), often known as a fixed-wing drone, is an aircraft which functions without the presence of a human pilot.

Fixed-wing UAVs can be commanded wirelessly by a human or autonomously by onboard computers. The different ranges include short <25 kilometers, long >25 kilometers and is available in various packaging sizes < 2 kilograms, 2 – 5 kilograms, > 5 kilograms. The several applications include E-commerce, …

Full story available on Benzinga.com

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