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Market barriers include technology constraints, infrastructure limitations, and regulatory issues
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Nov 17, 2021, 05:15 ET
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BOULDER, Colo., Nov. 17, 2021 /PRNewswire/ — A new report from Guidehouse Insights assesses the global market for unmanned cargo aircraft (UCA), including technologies, market drivers, and challenges through 2030.
Drone delivery of packages, whether they contain coffee or lifesaving medications, has become a disruptive technology for remote and last-mile delivery. Factors driving the development of UCA range from reductions in delivery time, use of ground-based delivery vehicles, and operating costs. According to a new report from Guidehouse Insights, the UCA market is expected to grow significantly by 2030, with revenue surpassing $1.2 billion annually for the purchase of delivery drones.
"Drone manufacturers of all sizes are investing heavily in both aircraft and flight software," says Christian Albertson, senior research analyst with Guidehouse Insights. "The UCA industry is making significant investments to increase battery and motor technology, expanding the flight envelope of these aircraft and increasing their capabilities in their intended roles."
Although the market for UCA deliveries capable of vertical takeoff and landing (VTOL) is growing, challenges are numerous. Issues of range, limited payload capability, and government regulations are all factors affecting the feasibility of drone deliveries, according to the report.
The report, VTOL and Drone Delivery, provides an assessment of the global market for UCA, including technologies, market drivers, and challenges through 2030. Delivery drone technology evaluations in this report include segmentation by region, size, and UCA configuration. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 12,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, VTOL and Drone Delivery, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
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SOURCE Guidehouse Insights
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