Global Drone Logistics and Transportation Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Drone Logistics and Transportation Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global drone logistics and transportation market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global drone logistics and transportation market report has been segmented on the basis of drone, solution, sector, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Use of drones for logistics management and inventory processes, and delivery of packages is known as drone logistics and transportation. It is part of modern logistics systems, and are used for mainly air shipments and air delivery systems. Drone logistics and transportation help to improve time management and can deliver packages faster owing to its feature of accurate locating program. It also helps to improve accuracy of the delivery. Availability of multifunction drones is making consumers more inclined towards its usage.
Drones can be used for delivery of small packages in less time, and it offers high efficiency in delivery process from warehouse to the delivery location. Increasing demand for fast delivery systems is a major factor driving growth of the global drone logistics and transportation market. Growing E-commerce sector and increasing trend of online shopping among individuals is another major factor supporting growth of the global market. Increasing investments in development of drones to improve its battery life and performance is expected to support growth of the target market. Furthermore, growing adoption of drones for delivery in military and law enforcement applications is expected to drive significant growth of the global drone logistics and transportation market in the near future.
However, government regulations regarding usage of drones for logistics and transportation in various countries is a factor that may hamper growth of the global drone logistics and transportation market. In addition, limited battery life of the drones is another factor that could affect adoption of the products, thereby restraining growth of the global market.
On the basis of fright drone segmentation, the less than 10kg (Delivery Drone) segment is expected to account for major share in terms of revenue in the near future. Less cost, collision avoidance system, and increasing demand for drones for delivery of small packages are factors driving growth of this segment in the global market. On the basis of sector segmentation, the commercial sector segment is expected to register high growth in terms of revenue over the forecast period, owing to growing E-commerce sector.
Currently, market in North America is estimated to dominate in the global market in terms of revenue, and is expected to maintain its position over the forecast period. Increasing demand for drones in military and commercial sectors is a key factor driving growth of the target market in this region. In addition, presence of major package-delivery companies such as Amazon.com, Inc., DHL Express, FedEx Corporation, etc. is another factor expected to propel growth of the target market in this region. Asia Pacific market in anticipated to register lucrative growth in terms of revenue in the near future, followed by markets in Middle East and Africa and Latin America.
Global Drone Logistics and Transportation Market Segmentation:
Segmentation by drone:
- Freight Drone
- More than 10kg (Cargo Drone)
- Less than 10kg (Delivery Drone)
- Ambulance Drone
- Passenger Drone
Segmentation by solution:
Segmentation by sector:
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Freight Drone
- PINC Solutions Corp.
- Drone Delivery Canada Corp.
- HARDIS Groupe, SAS
- Infinium Robotics Pte Ltd.
- Matternet Inc.
- Workhorse Group Inc.
- Skysense, Inc.
- Zipline Inc.
- Flirtey Inc.
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