Connect with us

Technology

Delivery Drone Market worth $7.65 billion by 2031 – Exclusive Report by MarketsandMarkets™

Published

on

DELRAY BEACH, Fla., July 3, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Delivery Drone Market is projected to grow from USD 2.88 billion in 2026 to USD 7.65 billion by 2031 at a CAGR of 21.6% during the forecast period. In terms of volume, the market is projected to grow from 114,939 units in 2026 to 292,544 units by 2031.

Browse 180 market data Tables and 90 Figures spread through 315 Pages and in-depth TOC on ‘Delivery Drone Market – Global Forecast to 2031’

Delivery Drone Market Size & Forecast:

Market Size Available for Years: 2020–20312026 Market Size: USD 2.88 billion2031 Projected Market Size: USD 7.65 billionCAGR (2026–2031): 21.6%

Delivery Drone Market Trends & Insights:

The delivery drone market is driven by the rising requirement for reliable and time-sensitive delivery services in urban and remote locations while keeping delivery operations efficient. As customers increasingly demand faster deliveries and road-based logistics often face challenges such as traffic congestion and limited accessibility, there is growing demand for drone-based solutions that can provide faster, more consistent deliveries. This is encouraging logistics providers, healthcare organizations, and retailers to invest in delivery drone systems that improve service reliability, reduce transit times, and support efficient last-mile operations.By MTOW, the above 55-100 Kg segment is projected to register the highest CAGR of 24.9% between 2026 and 2031.By Application, the logistics & courier segment is projected to be the most dominant in 2026.By region, the Middle Eastern delivery drone market is projected to register the highest CAGR of 27.8% between 2026 and 2031.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10580366

The growth of this segment is supported by the increasing use of delivery drones for e-commerce, healthcare, and logistics applications. Government support for commercial drone operations, improvements in drone technology, and the growing need for faster last-mile delivery are contributing to market growth as well.

The delivery drone industry is moving beyond pilot projects as many organizations include drone delivery in their long-term logistics plans. Companies are expanding commercial delivery services, standardizing operations, and building feasible operating models for deliveries. The focus is gradually shifting from testing the technology to scaling commercial operations and integrating it with different industries.

By range, the above 20- 50 km segment is projected to account for the largest market share during the forecast period.

This is mainly because drones in this range are widely used for parcel delivery, food delivery, and also medical logistics. They provide sufficient flight range for most urban, suburban, and regional delivery routes while maintaining good operating efficiency. This range meets the requirements of most commercial delivery applications without increasing battery size or operating costs. As many companies expand routine last-mile drone delivery services, demand for drones with a range of 20 to 50 KM is expected to remain high.

By application, the retail & e-commerce segment is projected to register the highest growth during the forecast period.

The retail & e-commerce segment is expected to grow at the fastest rate during the forecast period mainly because of the increasing use of delivery drones for e-commerce order fulfillment and last-mile deliveries. The rapid growth of online shopping is increasing the need for faster and flexible delivery services. Delivery drones help retailers and logistics companies reduce delivery time, improve operational efficiency, and serve customers in urban areas as well as locations that are difficult to reach using conventional transportation. As commercial drone delivery networks continue to expand and regulations become more supportive as well, the adoption of delivery drones in the retail & e-commerce sector is expected to increase steadily.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=10580366

Europe is projected to be the second fastest-growing regional market during the forecast period.

Europe is projected to be the second fastest-growing region during the forecast period, mainly because more countries are expanding the use of delivery drones for healthcare, logistics, and also for e-commerce. Governments are supporting commercial drone operations through better regulations and approvals for beyond visual line of sight (BVLOS) flights. Companies are also increasing drone delivery trials and commercial services across the region. These developments are helping increase the use of delivery drones in Europe.

Wingcopter, PABLO AIR, Blueflite, Garuda Aerospace Ltd., and Matternet, Inc. are the key players in the delivery drone companies. These companies have strong distribution networks across regions like North America, Europe, Asia Pacific, the Middle East, and the Rest of the world.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=10580366

Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting

See More Latest Aerospace and Defence Reports:

Unmanned Underwater Vehicle (UUV) Market by AUV (Shallow, Medium, Large), ROV (Observation Class, Medium/Small, Work Class), Application (Military, Oil & Gas, Oceanography, Search & Salvage), Propulsion, System, Speed, Shape, Region – Global Forecast to 2031

Airborne ISR Market by Solution (Systems, Software, Services), Application (Search & Rescue, Border & Maritime Patrol, Target Acquisition), Component (Sensor, RF Module, Antenna, Optical Assemblies), End User, Platform, and Region- Global Forecast to 2031

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on TwitterLinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/drone-package-delivery-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/drone-package-delivery.asp

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/delivery-drone-market-worth-7-65-billion-by-2031—exclusive-report-by-marketsandmarkets-302817477.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Canada invests in clean energy in Alberta and Saskatchewan

Published

on

By

CALGARY, AB, July 4, 2026 /CNW/ – Canada is a clean and conventional energy superpower, and we are building on that strength to power our future with reliable, affordable energy and technology for all Canadians. Investments in energy infrastructure will strengthen Canada’s energy security, create good jobs, attract investment and position our country as a reliable energy supplier for customers at home and abroad.

Today, on the margins of the Calgary Stampede, the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced more than $26 million in funding for 17 projects across Alberta and Saskatchewan that will accelerate the deployment of clean technology; modernize energy systems and infrastructure; reduce emissions; and build the regulatory, industrial and workforce capacity needed for Canada’s long-term economic growth and energy security.

The projects include:

$14.9 million for 10 projects that will advance energy storage, solar and wind energy development, interprovincial electricity transmission planning, Indigenous-led clean energy projects and workforce development.$5.9 million for engineering and design work for two facilities that will convert waste biomass to renewable natural gas with carbon capture.$3.5 million for two projects that will reduce methane emissions from upstream oil and gas operations and advance low-emissions cement alternatives that permanently store carbon.$2.3 million for three projects that will support higher energy-efficiency building codes.

By advancing low-carbon energy, clean technology and energy efficiency, the Government of Canada is saving Canadians money, driving prosperity and building Canada into an energy superpower for today and tomorrow.

Quotes

“Energy is the backbone of our economy — so by growing and modernizing the systems that we have, we can catalyze investment, generate jobs and prosperity, and build the strongest economy in the G7. Through these investments, we will stabilize energy costs, reduce emissions and lay the foundation for long-term economic growth.”

The Honourable Tim Hodgson
Minister of Energy and Natural Resources

“Through investments in Indigenous-led clean energy projects, we are supporting First Nations as they strengthen energy security, reduce reliance on fossil fuels and create new opportunities for future generations. Projects like these reflect the leadership of communities as they explore and develop renewable energy solutions that advance economic growth, environmental stewardship and greater self-determination. By working together, we are helping build stronger, more resilient communities while contributing to a cleaner and more sustainable energy future.”

The Honourable Mandy Gull-Masty
Minister of Indigenous Services

Quick Facts

Federal funding for most projects in this bundle is provided by the Government of Canada’s Smart Renewables and Electrification Pathways Program (SREPs). This $4.5-billion program is designed to support grid modernization, energy storage and renewable energy technologies in every region of Canada, helping to grow Canada’s electricity grid in a sustainable, affordable and reliable manner.Indigenous Services Canada contributed $649,000 to electricity projects led by Indigenous groups that will advance the pre-development work required to launch solar energy projects.The Energy Innovation Program (EIP) advances clean energy technologies that will help Canada maintain a competitive, reliable and affordable energy system while transitioning to a low-carbon economy.Canada’s National Electricity Strategy aims to double the capacity of our grid by 2050 and supply clean, reliable, affordable power across the country for decades to come.Today’s announcement builds on an announcement at the 2026 Energy and Mine Ministers’ Conference (EMMC) on June 26, committing support to intertie transmission projects linking Yukon and British Columbia, Alberta and British Columbia, Alberta and Saskatchewan, and Saskatchewan and Manitoba.

Related Products

Backgrounder: Canada invests in clean energy in Alberta and Saskatchewan  

Associated Links

Smart Renewables and Electrification Pathways ProgramClean Fuels Fund Energy Innovation Program Codes Acceleration FundCanada takes action to advance a stronger grid and increase reliable, affordable energyPowering Canada Strong: A National Strategy for an Electrified Canadian Economy

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

Continue Reading

Technology

JMGO Offers Special Savings on 4K Projectors Ahead of the Tournament Final

Published

on

By

SHENZHEN, China, July 4, 2026 /PRNewswire/ — As the tournament reaches its final stage, JMGO is offering limited-time savings on its award-winning 4K projector lineup through July 19. Featuring the N3 Ultimate, N1S 4K and N1S Ultimate, the promotion gives sports fans an easy way to enjoy every goal, replay and celebration on an immersive big screen with vibrant triple-laser visuals and effortless setup. The offers are available through the JMGO Webstore and on Amazon.

JMGO N3 Ultimate: Premium Home Theater, Ready in Seconds

From kickoff to the final whistle, the N3 Ultimate delivers premium home theater with effortless setup, so you never miss a moment of the tournament final. Featuring the world’s first 3-in-1 optical system, which integrates optical zoom, lens shift and an AI-powered gimbal, the N3 Ultimate automatically delivers an optimized image in seconds. Powered by the latest MALC™ 5.0 triple-laser engine and delivering up to 5,800 ISO lumens, it produces exceptional brightness and cinematic detail for every scene.

The N3 Ultimate is now available at 20% off through July 19. Customers can enjoy an additional 10% off with code JMGOBESTN3U on the JMGO Webstore and Amazon, bringing the final price to $2,159. Every purchase also includes complimentary viewing accessories.

JMGO N1S 4K: A Portable 4K Projector for Match Day

Whether you’re hosting friends in the backyard, relaxing on the patio or taking the projector on a summer getaway, the N1S 4K brings premium big-screen entertainment almost anywhere. Weighing just 2.2 kg (4.9 lbs), it combines 4K resolution, JMGO’s triple-color laser technology, Google TV with licensed Netflix and a built-in 127° gimbal, making premium projection simple wherever the match takes you.

The N1S 4K is now available at 46% off for $699 (MSRP $1,299) through July 19 on the JMGO Webstore and Amazon.

JMGO N1S Ultimate: A Step Up for Home Theater Enthusiasts

For viewers ready to upgrade their home entertainment experience, the N1S Ultimate combines premium 4K projection with JMGO’s triple-laser technology for rich colors, lifelike detail and effortless everyday viewing. Powered by JMGO’s MALC™ triple-laser optical engine, it features 3,300 ISO lumens, 4K resolution and Google TV, delivering immersive visuals across live sports, movies and streaming content. An integrated smart gimbal makes setup quick and easy in virtually any room.

The N1S Ultimate is now available at 46% off for $1,499 (MSRP $2,799) through July 19 on the JMGO Webstore and Amazon, including complimentary viewing accessories.

About JMGO

Founded in 2011, JMGO is a leader in intelligent projection technology, combining innovative design and advanced imaging solutions to create immersive entertainment experiences for consumers worldwide. To learn more, visit JMGO.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/jmgo-offers-special-savings-on-4k-projectors-ahead-of-the-tournament-final-302817877.html

SOURCE JMGO

Continue Reading

Technology

Vantage Introduces 24/7 Gold CFD Trading with XAUUSD247

Published

on

By

Eligible clients can now trade Gold CFDs beyond the traditional trading week, including weekends, through MT5, TradingView and the Vantage App.

PORT VILA, Vanuatu, July 4, 2026 /PRNewswire/ — Vantage Markets (“Vantage”), a multi-asset CFD broker, today announced the launch of XAUUSD247. CME Group recently announced plans to expand trading of certain gold futures products to 24/7, subject to regulatory review. XAUUSD247 is a separate OTC CFD product offered by Vantage.

“XAUUSD247 provides eligible clients with access to gold CFDs beyond standard market hours, supported by transparent product mechanics and clearly defined trading controls,” said Marc Despallieres, Chief Executive Officer at Vantage.

XAUUSD247 is available 24 hours a day, seven days a week, including Saturdays and Sundays, subject to scheduled platform maintenance and regional availability. The product uses a one-ounce contract size, compared with the 100-ounce contract size of Vantage’s traditional XAUUSD product. No separate trading commission applies, although spreads, financing charges and other applicable costs may apply. Tiered leverage of up to 100x may be available, subject to position size, account type and applicable trading conditions. One-sided margin calculation for eligible accounts holding both long and short positions.

XAUUSD247 also incorporates net and gross exposure limits at account level as part of its risk-management framework. When the applicable exposure threshold is reached, accounts enter close-only mode until exposure returns below the relevant limit. Applicable spreads, financing charges, leverage, exposure limits and other trading conditions may vary depending on the client’s account type, region and applicable Vantage entity.

The page will be officially launched on 6 July.

About Vantage

Vantage Markets is a multi-asset CFD broker offering access to Gold, Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 17 years of experience, Vantage provides a reliable trading platform, an award-winning mobile app, and a user-friendly trading experience.

Risk Warning: CFDs are complex leveraged products and carry a high risk of losing money rapidly due to leverage. Trading CFDs may not be suitable for all investors. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer: This content is for informational purposes only and does not constitute financial or investment advice. Availability of products and services described in this release is subject to jurisdictional restrictions and may not be available to residents of certain countries or regions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/vantage-introduces-247-gold-cfd-trading-with-xauusd247-302817883.html

SOURCE Vantage

Continue Reading

Trending