ease of operation and reduced time of delivery, which is expected boost growth of the market
over the forecast period.
Moreover, predominant requirement of transportation and logistics in B2C business segments,
such as ecommerce and food & beverages are anticipated to be the primary users of this
technology. According to Coherent Market Insights, 15% of the total shipping workforce in these
business sectors is projected to be replaced by delivery drones by 2025.
Integration of Artificial Intelligence (AI) into drones is expected to accelerate growth of
delivery/shipping drones market
Integration of Artificial Intelligence into drones can enhance the performance of delivery
drones. Moreover, time spent in road navigation, traffic congestions and other forms of shipping
means can be considerably reduced by air transport. However, high cost associated with device
is may restrain growth of the market. Market players from shipping industry are involved in
evaluating the probability of the technology for its utilization and related benefits. For instance,
in September 2015, DHL introduced parcelcopter to deliver medications and urgently needed
commodities to remote island, Juist. Moreover, many other companies that include Dominos,
FedEx, United Parcel Services (UPS), Amazon and AMP holdings have planned strategies for the
adoption of delivery drones in near future.
Browse Detail Market Report @
https://www.coherentmarketinsights.com/ongoing-insight/delivery-shipping-drones-market-619
Regulatory restrictions on use of commercial drones are expected to hamper growth of the
market over the forecast period.
Stringent regulations that restrict the usage of UAVs under certain norms and conditions, such
as the Federal Aviation Administration (FAA) in U.S., are expected to hinder the industry growth
over the forecast period. It restricts the users through allowing the usage of UAVs only within
the line of sight and mandating the usability on only one drone at a time by a user. However,
the U.S. government has showcased interests in the development of the technology by allowing
Amazon and NASA to perform pilot projects
Integrated cameras to enhance the surrounding awareness has resulted into privacy concerns
of the surrounding residents. Furthermore, liability issues in case of a crash or damage of any
sort is expected to pose a major challenge for growth of this market. This is expected to restrain
growth of delivery drones market over the forecast period.