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The drone logistics and transportation market is projected to grow from USD 534 million in 2022 to USD 17,881 million by 2030, at a CAGR of 55.1% from 2022 to 2030.
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(/) Drone Logistics and Transportation Market RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) Search Reports HOME (/) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) HOME (/) ❯ TOP MARKET REPORTS (/TOP-MARKET-REPORTS.ASP)❯ DRONE LOGISTICS AND TRANSPORTATION MARKET GLOBAL TOP 2000 STRATEGIST RELY ON US FOR THEIR GROWTH STRATEGIES. KNOW MORE Drone Logistics and Transportation Market by Solution (System, Software and Infrastructure), Platform (Freight Drone, Passenger Drone and Air Ambulance Drone), Application (Logistics and Transportation), Range, User - Global Forecast to 2030 (/Knowledgestore.asp#request_free_trial) FREE BROCHURE (/pdfdownloadNew.asp?id=132496700) FREE SAMPLE REPORT (/requestsampleNew.asp?id=132496700) Report Code: AS 6304Aug, 2022, by marketsandmarkets.com DESCRIPTION TABLE OF CONTENTS METHODOLOGY DOWNLOAD PDF (/PDFDOWNLOADNEW.ASP?ID=132496700) [276 Pages Report] The drone logistics and transportation market is projected to grow from USD 534 million in 2022 to USD 17,881 million by 2030, at a CAGR of 55.1% from 2022 to 2030. Drone logistics and transportation refer to the delivery of packages, cargo, and/or passengers using drones. Freight drones can be used to deliver several types of cargo, while transportation drones are used for patient and passenger transport. Route planning and optimizing software, fleet management software, and computer vision software are some of the major software, whereas ground control stations, charging stations, and landing pads include the major infrastructure required for the implementation of drone logistics and transportation. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
(/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) To know about the assumptions considered for the study, Request for Free Sample Report (https://www.marketsandmarkets.com/requestsampleNew.asp?id=132496700) Drone Logistics and Transportation Market Dynamics: Driver: Demand for efficient logistics and last-mile delivery An increase in the demand for faster and more efficient delivery at low costs is being witnessed, especially in the e-commerce sector, with customers willing to pay extra to get packages delivered on the same day. This demand is likely to increase the usage and acceptance of drones in the logistics and transportation market. According to a survey performed by Clutch, 36% of online users were more likely to place orders if drone delivery was offered. Drones for use in logistics & transportation are being widely tested across the globe for postal delivery; healthcare (https://www.marketsandmarkets.com/Market-Reports/healthcare-technology-management-market-3281026.html) & pharmacy packages such as medicines, blood, and organ & equipment transport; and retail & food packages such as e-commerce, grocery delivery, and food delivery. According to Valdani Vicari & Associati s.r.l. (Belgium), a consulting firm that performed a cost analysis of the delivery of biomedical products through drones vs. electric vans, drones would take around 15 minutes and cost USD 2.3 dollars, whereas an e-van would take around 42 minutes and cost USD 5.58 for the same destination. This means drone delivery is expected to be around 60% cheaper. It is also more efficient to manage a fleet of drones as compared to a ground-based vehicle fleet. Restraint: Lack of skilled & trained personnel for operation Personnel operating drones need to ensure the reliability of the entire unmanned aerial system, which includes UAV (https://www.marketsandmarkets.com/Market-Reports/unmanned-aerial-vehicles-uav-market-662.html)s, ground control stations, and communication equipment. Drones can fly (https://www.marketsandmarkets.com/Market-Reports/fly-ash-market-76345803.html) at different altitudes and require skilled personnel to control and operate them remotely. The number of pilots available for high-precision operations is comparatively low. An increase in drone adoption in the commercial drone delivery and transportation verticals adds to the growing need for skilled drone pilots. Presently, to reduce the number of We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
accidents caused due to the poor control skills of drone operators, efforts are being made to improve the autonomy of these systems, thereby reducing the involvement of human operators. Drones should be equipped with systems that offer them autonomous sense & avoid capabilities to prevent collisions during operation. (/) Opportunity: Increasing zero-emission initiatives Cities across the globe are facing transportation challenges due to the increasing road traffic. Growth in disposable income, coupled with decreasing automobile costs, is one of the prime causes of the increasing percentage of greenhouse gases in the Earth's atmosphere, resulting in global warming. Increasing air pollution in major cities has an adverse effect on the urban population, thereby compelling governments to take strict action to tackle it. Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) As per Bloomberg Vehicle Outlook, transportation, which is responsible for significant energy consumption, is the second-largest polluting sector. Significant greenhouse gas emissions from this sector are adversely affecting the climate. Drone taxis (https://www.marketsandmarkets.com/Market-Reports/drone-taxi-market-39967417.html), which use electric vertical takeoff and landing (eVTOL), can offer a viable solution to such problems. Volocopter (Germany) is developing VoloCity, a fully electric multirotor air taxi for connecting transport hubs like main stations and airports. It will be emission-free, faster, and a more convenient mode of transport when it comes to traffic congestion. Recent technological developments in this sector hold a promising future, with cities adopting unmanned systems for next-generation transportation. For instance, in December 2020, Toray Advanced Composites (US) announced that it completed a long-term supply agreement with Joby Aviation (US) for the composite material used in its aircraft. Joby Aviation will use Toray's carbon fiber composite materials to develop fast, affordable, and zero-emission aerial ridesharing for global communities. Challenge: Restrictions imposed on commercial use in various countries The major challenge to the growth of the drone logistics and transportation industry (https://www.marketsandmarkets.com/PressReleases/drone-logistic-transportation.asp) across the globe is the rules and regulations imposed by various government agencies on their use in commercial applications. The Federal Aviation Administration (FAA) has offered three pathways for the lawful use of UAVs in US airspace, which include a Certificate of Authorization (CoA) issued by the Federal Aviation Administration (FAA) for public agencies, permission from the Federal Aviation Administration (FAA) in the form of special airworthiness certification for private entities, and adherence to model aircraft standards by UAV users. The laws for UAVs in the UK are like those in the US. According to CAP 722, jurisdiction is to be followed for UAVs in the UK. In other European countries, such as France, Germany, and Italy, the European Aviation Safety Agency (EASA) regulates the use of UAVs by issuing certificates for flying UAVs in European airspace. Similar regulations have been imposed on UAVs in other regions for civil & commercial applications. Based on user, the defense segment is projected to grow at the highest CAGR during the forecast period. Based on user, the drone logistics and transportation market has been segmented into defense and commercial. Drones are being increasingly used on the battlefield for a wide range of applications, such as intelligence, surveillance & reconnaissance (ISR), combat operations, and battle damage management. Militaries are also exploring the use of drones for logistics applications as well as to supply soldiers with food, ammunition, fuel, and spare parts. Defense logistics can be a dangerous task, and thus, defense organizations are trying to adopt autonomous drones to reduce the number of personnel required for logistics. Most ships and aircraft taken out of mission-capable status when deployed lack simple components like electronics or wiring assemblies, 90% of We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
which weigh less than 50 pounds, according to Navy statistics, and can be delivered using drones rather than a manned aircraft. In August 2021, the US Navy demonstrated that small drones could take the place of manned platforms in delivering critical spare parts and food supplies between ships at sea. (/) Based on range, close-range segment is estimated to account for the largest share in 2022. Based on range, the drone logistics and transportation market has been segmented into close-range (<50 kilometers), short-range (50 to 150 kilometers), mid-range (151 to 650 kilometers), and long-range (>650 kilometers). Delivery drones with a longer range help in reducing the overall operational cost of package delivery service providers. Demand for instant delivery of packages in a cost-effective manner is anticipated to boost the growth of the drone logistics and transportation market during the forecast period. Close-range delivery drones are used for close-range local delivery of packages. These drones, capable of traveling up to 50 kilometers on a single charge, enable instantaneous delivery of products after their online order. There is a rising demand for instant delivery of products and packages such as medicines and food. For instance, according to Statista, China registered USD 99.6 billion worth of on-demand food delivery in 2020. The rise in demand for instant package delivery is anticipated to drive the market for close-range delivery drones. Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) The Asia Pacific region is projected to Grow at highest CAGR during the forecast period Asia Pacific drone logistics and transportation market is expected to witness substantial growth and register the highest CAGR during the forecast period. The growth of the market in this region can be attributed to the rise in political tensions in various countries of the Asia Pacific region have led to the deployment of UAVs to ensure border security. This serves as one of the most significant factors driving the growth of the Asia Pacific drone logistics and transportation market. China is developing innovative technologies to manufacture low-cost drones. In 2017, the China Aerospace Science and Technology Corporation (CASC) (China) started the mass production of a UAV known as CH-5, which successfully underwent its first flight test in August 2015. The increasing trend of automation and globalization in India, Australia, and China is fueling the growth of the Asia Pacific drone logistics and transportation market. UAVs are being increasingly used in the real estate and agriculture sectors to carry out inspections. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
(/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) To know about the assumptions considered for the study, download the pdf brochure (https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=132496700) Top Drone Logistics and Transportation Companies - Key Market Players The drone logistics and transportation companies (https://www.marketsandmarkets.com/ResearchInsight/drone- logistic-transportation-market.asp) are dominated by a few globally established players such as Alphabet Inc. (https://wing.com/) (US), Hardis Group (https://www.hardis-group.com/en) (France), Zipline (https://www.flyzipline.com/) (US), Volocopter GmbH (https://www.volocopter.com/) (Germany), and Textron Inc. (https://www.textron.com/) (US) These players have adopted various growth strategies such as contracts, joint ventures, partnerships & agreements, acquisitions, and new product launches to further expand their presence in the drone logistics and transportation Market. Get online access to the report on the World's First Market Intelligence Cloud Easy to Download Historical Data & Forecast Numbers Company Analysis Dashboard for high growth potential opportunities Research Analyst Access for customization & queries Competitor Analysis with Interactive dashboard Latest News, Updates & Trend analysis REQUEST SAMPLE We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
(/) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) () Click on image to enlarge Scope of the Report Report Metric Details Market size available for years 2019-2030 Base year considered 2021 Forecast period 2022-2030 Forecast units Value (USD) By Platform, By Solution, By Application, By User, By Range and By Region Segments covered North America, Asia Pacific, Europe, the Middle East, Latin America, and Africa Geographies covered Alphabet Inc. (US), Hardis Group (France), Zipline (US), Volocopter GmbH (Germany), and Textron Inc. (US) Companies covered Skycraft Inc. (US), Infinium Robotics (Singapore), AgEagle Aerial System (US), Air Map Inc. (US), Skyport Limited (UK), Skysense (US) Companies covered (Drone start-ups and drone transportation and logistics ecosystem) This research report categorizes the Drone transportation and logistics Market based on platform, solution, application, user, range, and region. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
By Platform Freight Drones Passenger Drones Air Ambulance Drones (/) By Solution HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) System Software Infrastructure By Application Logistics Transportation By User Defense Commercial By Range Close- Range (<50 Kilometers) Short-Range (50 to 150 Kilometers) Mid-Range (151 to 650 Kilometers) Long-Range (>650 Kilometers) By Region North America Europe Asia Pacific Middle East Latin America Africa Recent Developments In February 2022, Wing Aviation LLC teamed up with KFC (Australia) to deliver a range of menu items direct to homes and workplaces in Logan, Queensland. In March 2022, The drone-based inventory solution, Eyesee, designed and patented by Hardis Group and co-developed with Squadrone System, announced the creation of a new company, Darwin Drones, to take the Eyesee inventory drone solution forward. In April 2022, Zipline and Toyota Tsusho Corporation, a member of Toyota Group, partnered to distribute medical supplies to pharmacies and hospitals across Japan's Gotô Islands using Zipline's autonomous aircraft. In February 2022, Volocopter GmbH entered into an agreement in principle to develop financial solutions to assist the sale of the Volocopter family of eVTOL aircraft. In December 2020, The Bell Innovation flight test team at its Mirabel, Quebec, Canada, facility conducted the first flight of an alternate configuration of the APT in collaboration with ARA Robotics. We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
Frequently Asked Questions (FAQs): What is the current size of the drone logistics and transportation market? (/) Who are the winners in the drone logistics and transportation market? Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) ABOUT US (/ABOUTUS-8.HTML) What are some of the technological advancements in the market? RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) CAREERS (/CAREER.ASP) What are the factors driving the growth of the market? To speak to our analyst for a discussion on the above findings, click Speak to Analyst (https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=132496700) Custom Market Research Services We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions. (/requestCustomizationNew.asp?id=132496700) Instant Answers with GPT - Ask Now! Ask real questions. Get complete answers ! Type Your Question Get recent trends delivered to your inbox Overtake your competition with ease. STAY TUNED (/PRACTICES/STAY-TUNED.ASP) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
REPORT CODE AS 6304 PUBLISHED ON (/) AUG, 2022 Sign In (https://www.marketsandmarkets.com/signin.asp) LEADERSHIP TEAM (/LEADERSHIPTEAM.ASP) BRIEFINGS (/ANALYSTBRIEFINGS.HTML) HOME (/) RESEARCH EXPERTS (/RESEARCHLEADERSHIP.ASP) CONTACT US (/CONTACTUS.ASP) ABOUT US (/ABOUTUS-8.HTML) CAREERS (/CAREER.ASP) REQUEST FREE SAMPLE REPORT (/requestsampleNew.asp?id=132496700) CHOOSE LICENSE TYPE Single User - $4950 Corporate License - $8150 BUY NOW (/Purchase/purchase_reportNew.asp?id=132496700) Request New Version (/RequestNewVersion.asp?id=132496700) Inquire Before Buying (/Enquiry_Before_BuyingNew.asp?id=132496700) ADJACENT MARKETS Autonomous Last Mile Delivery Market (/Market-Reports/autonomous-last-mile-delivery-market- 41240862.html) UAV Market (/Market-Reports/unmanned-aerial-vehicles-uav-market-662.html) Drone Analytics Market (/Market-Reports/drone-analytics-market-237350517.html) Drone Software Market (/Market-Reports/drone-software-market-164228429.html) Drone Services Market (/Market-Reports/drone-services-market-80726041.html) REQUEST BUNDLE REPORTS (/RequestBundleReport.asp?id=132496700) We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info (https://www.marketsandmarkets.com/Privacy-12.html). X
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