Global Drone Logistics and Transportation Market Forecast to 2028

Emergen Research's Global Drone Logistics and Transportation Market Research Report was created through an analysis of key business details and an extensive geographical spread of the Drone Logistics and Transportation industry. The study provides comprehensive coverage of the Drone Logistics and Transportation Market's qualitative and quantitative analysis, as well as critical statistical data about the Drone Logistics and Transportation Market. The research study offers historical data from 2017 to 2018 as well as accurate forecasting until 2028. The report also profiles established and emerging market players, providing an overview of the company, product portfolio, strategic alliances, and business expansion strategies.

The global drone logistics and transportation market size is expected to reach USD 31.84 Billion at a revenue CAGR of 19.5% in 2028, according to latest analysis by Emergen Research. Robust global drone logistics and transportation market revenue growth can be attributed to steady growth of the e-Commerce sector and increasing emphasis by e-Commerce firms on use of drones to transform delivery services in a commercial setting. Many governmental policies that have initially hindered the use of drones for logistics and transportation purposes have been amended and are supporting e-Commerce players, along with various parcel delivery firms, including FedEx deploying drones for delivery of packages. The US Federal Aviation Administration (FAA) formerly has excluded the use of drones for delivery of commercial goods. Recently however, FAA modified its policies allowing use of drones for logistics purposes under a number of clauses.

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Drone Logistics and Transportation market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Zipline, CANA Advisors, Flirtey, Flytrex Aviation Limited, Hardis Group, Drone Delivery Canada, Workhorse Group PLC, Matternet, PINC Solutions, and Uber Technologies Inc

Research Report on the Drone Logistics and Transportation Market Addresses the Following Key Questions:

• Who are the dominant players of the Drone Logistics and Transportation market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Drone Logistics and Transportation market?
• What are the key growth drivers and restraining factors of the Drone Logistics and Transportation market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Drone Logistics and Transportation market and its key segments?

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Some Key Highlights from the Report

• In October 2021, Korea Seven, which is a subsidiary firm of Lotte Group and manages South Korean 7-Eleven brand, made an announcement about launching a pilot run of drone delivery services the same year. Korea Seven announced its partnership agreement with Pablo Air, which is a developer hardware and software for drones, for pilot test of drone services.
• Among the type segments, freight drones segment accounted for larger revenue share in 2020. The main benefits delivered by freight drones include avoidance of road congestion and delays during transportation, provision of rapid and on-demand delivery services, easy operability and lower cost for air-based cargo services, and enhanced access to customers in remote locations.
• Among the application segments, infrastructure inspection segment accounted for largest revenue share in 2020. Drones find wide application in inspection of infrastructure after a disaster for the purpose of assessing risk and locating survivors or injured persons. Drone logistics and transportation is also deployed by marine surveyors for physical scrutiny of vessels and cargo; whereas, loss adjusters deploy drones to evaluate ships for any damage.
• Drone logistics and transportation market in North America accounted for largest revenue share in 2020, attributed to rapid adoption of advanced technologies, relaxation of federal laws pertaining to use of drones for commercial purposes, increasing defense budget, and increasing investment in use of drones by companies such as Walmart and Amazon. In addition, presence of leading players such as Drone Delivery Canada is causative of robust revenue growth of the market in the region.

Market Segmentations of the Drone Logistics and Transportation Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2021 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Drone Logistics and Transportation market on the basis of product, application, and region:

Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2018–2028)
• Freight Drones
• Ambulance Drones
• Passenger Drones

• Application Outlook (Revenue, USD Billion; 2018–2028)
• Shipping
• Warehousing
• Infrastructure Inspection
• Security Surveillance
• Others

• Operation Mode Outlook (Revenue, USD Billion; 2018–2028)
• Remotely Operated
• Semi-Autonomous
• Autonomous

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Regional Landscape section of the Drone Logistics and Transportation report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key reasons to buy the Global Drone Logistics and Transportation Market report:

1. The latest report comprehensively studies the global Drone Logistics and Transportation market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

In conclusion, the Drone Logistics and Transportation Market report is an exhaustive database that will help readers formulate lucrative strategies. The Drone Logistics and Transportation Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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