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The drone logistics and transportation market is estimated to be USD 11.20 Billion in 2022 and is projected to reach USD 29.06 Billion by 2027, at a CAGR of 21.01% from 2022 to 2027.
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Drone Logistics and Transportation Market Overview by Industry, Trend and Global Forecast(2022-2027) • The increasing use of unmanned aerial vehicles in civil and commercial applications for faster delivery of goods is one of the most significant factors expected to drive the growth of the drone logistics market. Rising demand for sophisticated industry-specific analytical solutions is also expected to fuel the growth of the drone logisticsmarket. • The Drone Logistics and Transportation Marketis estimated to be USD 11.20 billion in 2022 and is projected to reachUSD • 29.06 billion by 2027, at a CAGR of 21.01% from 2022 to 2027. Increasing demand for faster delivery in thelogistics • industry is expected to fuel the growth of the drone logistics and drone • transportation market. Military forces • are also exploiting the use of drones to resupply soldiers with equipment, spares, food, and ammunition in the battlefield. • TargetAudience: • Manufacturers ofUAVs • Component Manufacturers ofUAVs • System Integrators • Government and CertificationBodies • By drone, the freight segment is expected to be the largest contributor in the market during the forecastperiod. • The drone logistics and drone transportation market has been segmented on the basis of solution, sector, drone, and region. Based on drone, the market has been further segmented into freight drones, passenger drones, and ambulance drones. Freight drones are further segmented into <10kg (delivery drones) and >10kg (cargo drones). The <10kg (delivery drones) sub segment is expected to lead freight drones segment owing to the high demand for drones for first mile and last miledeliveries. • Download PDF Brochure @ • https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132496700
Commercial segment is expected to account for the largest market size during the forecastperiod. Based on sector, the drone logistics and drone transportation market has been segmented into military and commercial. The commercial segment is expected to lead the drone logistics and drone transportation market during the forecast period. This segment’s large market share is attributed to the large number of deliveries in the logistics industry, especially in the e-commercesector. By solution, the shipping segment is expected to be the largest contributor in the market during the forecastperiod. Based on solution, the drone logistics and drone transportation market has been segmented into warehousing, shipping, infrastructure, and software. The shipping segment is expected to grow at the highest CAGR during the forecast period, owing to increasing investment in the R&D of drones for packagedelivery. North America is expected to account for the largest market size during the forecastperiod. Based on region, the drone logistics and drone transportation market has been segmented into North America, Europe, Asia Pacific, and the Middle East. The market in North America is expected to witness the highest CAGR during the forecast period owing to the increasing adoption of drones for package delivery by companies such as Amazon, DHL, andUPS. Key MarketPlayers Some of the major companies operating in the drone logistics and drone transportation market include PINC Solutions (US), CANA Advisors (US), Drone Delivery Canada (Canada), DroneScan (South Africa), Hardis Group (France), Infinium Robotics (Singapore), Matternet (US), and Workhorse Group(US). Ask for Sample Report@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=132496700 AboutMarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
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