The Global Drones Logistics and Transportation Market was estimated to generate revenue worth US$ 9.9 billion in 2019. The estimated CAGR of the global market between 2020 and 2030 is 16%. Increasing investment in product innovation, expansion of e-commerce industry, proliferation of Internet of Things (IoT), and expanding applications of drones in fright movement are the key forces positively influencing the growth of the global drone logistics and transportation market. Drones are increasing used across wide industrial applications.
Primarily developed to be used for military applications, the drones have made a long way into the commercial applications. Used extensively for freight movement across the globe, drones are gaining popularity in passenger movement with increased product innovation. The drone logistics and transportation market is highly competitive with increasing number of drone service providers.
Additionally, drone manufacturers are focusing on incorporating advanced technologies such as AI, blockchain and wireless charging to improve the performance of the drones. This is anticipated to drive the growth of the global drone logistics and transportation market in coming years. The demand for drones in transportation and logistics across commercial and military applications has witnessed prominent growth during past couple of years. Proliferation of IoT and expansion of e-commerce industry has significantly contributed towards the growth of the global drone logistics and transportation market. Drones are being increasingly used for delivery of goods and warehousing of products in e-commerce warehouses.
Moderate initial investment and expanding applications base has accelerated the entry of new manufacturers into the market. However, enforcement of stringent regulatory framework across the globe is expected to limit the entry of new players to the global market. The manufacturers are focusing on improving the battery life of drones and integration of wireless charging for adding up the flight time and seamless charging are expected to be the key factors contributing towards the growth of the global drone logistics market during the forecast period.
North America contributed the largest share to the global drone logistics and transportation market in 2019 owing to presence of leading drone logistics and transportation service providers across the United States and Canada. Rapidly expanding connected infrastructure and increased investment in development of advanced drones is expected to contribute towards the growth of the North America drone logistics and transportation market during the forecast period. Asia Pacific is anticipated to be most lucrative market in terms of drone logistics and transportation service adoption and development of advanced indigenous drones across the major countries. Rising demand for improved last mile delivery solutions fueled by rapidly expanding e-commerce industry is estimated to drive the growth of the Asia Pacific drone logistics and transportation market.
Drone Logistics and Transportation Market Share Analysis, by Geography (2022)
The report titled “Drone Logistics and Transportation Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032” wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global drone logistics and transportation market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global drone logistics and transportation market is segmented on the basis of drone type, solutions, end use, and geography. Based on drone type, the global drone logistics and transportation market is segmented into freight drones, passenger drones, and ambulance drones. Based on solutions, the global drone logistics and transportation market is segmented into infrastructure, shipping, warehousing, and software. Based end use, the global drone logistics and transportation market is segmented into commercial and military. Based on geography, the global drone logistics and transportation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on drone logistics and transportation. Further, market share of prominent companies in the global drone logistics and transportation market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the drone logistics and transportation companies.
The global drone logistics and transportation market study would take into consideration the participants engaged throughout the ecosystem of the market, along with their contribution. Product portfolio would focus on all the products under the drone logistics and transportation business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global drone logistics and transportation market.
Major players active in the global drone logistics and transportation market include Amazon.com Inc., CANA Advisors, DHL International GmbH, Drone Delivery Canada, DroneScan, FedEx, Hardis Group, Infinium Robotics, PINC Solutions, Skysense, Inc., Uber Technologies Inc., Unifly NV, United Parcel Service of America, Inc., and Volocopter GmbH.
Segmentation:
By Drone Type:
By Solutions:
By End-use:
By Geography:
The drone logistics and transportation market is expected to drive growth at a CAGR of 16% over the forecast period 2020 to 2030.
The sample report for the Drone Logistics and Transportation Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
Key Drone Logistics and Transportation market players are Amazon.com Inc., CANA Advisors, DHL International GmbH, Drone Delivery Canada, DroneScan, FedEx, Hardis Group, Infinium Robotics, PINC Solutions, Skysense, Inc., Uber Technologies Inc., Unifly NV, United Parcel Service of America, Inc., and Volocopter GmbH. and others.
Based on type, the drone logistics and transportation market is segmented into Freight Drones, Passenger Drones and Ambulance Drones.
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