The global last-mile drone delivery market is projected to reach a valuation of US$ 309.74 million in 2023. From 2023 to 2033, the market is expected to grow at a CAGR of 25.4%, reaching US$ 2,978.3 million by the end of the forecast period.

The growth of the last-mile drone delivery market is driven by the increasing demand for faster deliveries and the cost- and time-efficiency that drones offer to end-user industries. Last-mile deliveries are typically the most expensive part of the supply chain, with traditional methods incurring high fuel costs and maintenance expenses. Additionally, delays caused by traffic congestion, poor road conditions, and other environmental factors often disrupt traditional delivery processes. Last-mile drone delivery services help address these challenges by providing efficient, timely, and cost-effective solutions for package deliveries.

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Additionally, last-mile delivery services are expected to grow in the coming years, driven by the expansion of e-commerce industries. Customers will benefit from faster and even instant deliveries, made possible through the use of drones.

Key Takeaways from Market Study

  • From 2023 to 2033, the market is expected to grow at a CAGR of 25.4%.
  • Among regions, East Asia is projected to experience the fastest growth, with a CAGR of 26.4%.
  • Drones with a capacity of up to 5 lbs currently hold approximately 57.0% of the share in the capacity type segment.
  • The global last-mile drone delivery services market grew by about 14.7% during the period from 2018 to 2022.

“Developing e-commerce industry worldwide to create lucrative opportunity for the market growth,” says a Fact.MR analyst.

Competitive Landscape

The business environment for last-mile drone delivery services is highly competitive, with continuous activities such as acquisitions and service launches by market players. As a result, the market is expected to remain fragmented and grow rapidly in the coming years. For example:

  • In September 2022, Valqari acquired the IDU Group to establish a drone infrastructure for last-mile deliveries, aiming to improve customer experience and expand the company’s global footprint.
  • In June 2022, Amazon launched its Amazon Prime Air drone delivery service in California, United States, focusing on delivering packages weighing up to 5 pounds using these drones.

Key Companies Profiled

  • Aergility
  • Aerialoop
  • Aerit
  • Antwork
  • Aviant
  • Dove Air
  • Droneup
  • F-Drones
  • Flying Basket
  • Flytrex
  • Jedsy
  • Manna
  • Matternet
  • Mission Go
  • Rakuten Drone
  • SkyDrop
  • Speed Bird
  • Spright
  • Volansi
  • Zipline

Market Development

The last-mile drone delivery market is highly fragmented with the presence of various small & large market players in the market. This impacts high competitive intensity in the industry. The market players are taking rigorous moves to enhance their global footprint and expansion of consumer base. Acquisition and service launch are key initiatives has been taken by market players resulting positively in the market expansion during the forecast period.

Segmentation of the Last Mile Drone Delivery Market

  • By Capacity:
    • Upto 5 lbs
    • 6-10 lbs
    • Above 10 lbs
  • By Customer Type:
    • Retail
    • Commercial
  • By End-use Industry:
    • Healthcare
    • Retail
    • Food
    • Logistics
  • By Region:
    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • Middle East & Africa

More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global last mile drone delivery market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of capacity (upto 5 lbs, 6-10 lbs and above 10 lbs), customer type (retail and commercial), end-use industry (healthcare, retail, food and logistics) across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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