Global Drone Logistics and Transportation Market Forecast to 2028

According to the most recent report by Emergen Research, the worldwide drone logistics and transportation market size is anticipated to reach USD 31.84 billion in 2028 at a revenue CAGR of 19.5%. The constant expansion of the e-Commerce industry and the growing focus by e-Commerce companies on the use of drones to transform delivery services in a commercial context are two factors that have contributed to the robust worldwide drone logistics and transportation market revenue growth. A number of regulatory regulations that at first restricted the use of drones for logistics and transportation have been changed, enabling e-commerce players to employ drones for package delivery together with a variety of parcel delivery companies, including FedEx. Drones are currently not permitted to be used for commercial goods delivery by the US Federal Aviation Administration (FAA).

Forecasts for the Drone Logistics and Transportation market have been offered by the report's writers, along with qualitative and quantitative analyses. The SWOT analysis and Porter's Five Forces Analysis are two of the most crucial sections of this study since they shed light on the fiercely competitive environment of the sector. North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa are all included in the report's in-depth research of the global Drone Logistics and Transportation market. Together with revenue growth drivers, limitations, production consumption patterns, shifting consumer tastes, and strict regulatory standards, this research also looks at other important features of regional markets.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

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

Market Dynamics:

The report offers insightful information about the market dynamics of the Drone Logistics and Transportation market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Drone Logistics and Transportation market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Drone Logistics and Transportation market.

Radical Highlights of the Drone Logistics and Transportation Market Report:

• Comprehensive overview of the Drone Logistics and Transportation market along with analysis of the changing dynamics of the market
• Growth Assessment of various market segments throughout the forecast period
• Regional and global analysis of the market players, including their market share and global position
• Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
• Impact of the technological developments and R&D advancements on the Drone Logistics and Transportation market
• Information about profit-making strategies and developmental strategies of major companies and manufacturers
• Insightful information for the new entrants willing to enter the market
• Details and insights about business expansion strategies, product launches, and other collaborations
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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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.

Drone Logistics and Transportation Market Segmentation:

Market Overview:

The report bifurcates the Drone Logistics and Transportation market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

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

Regional Segmentation;

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)

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.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Drone Logistics and Transportation market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Drone Logistics and Transportation with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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