The global drone logistics market size was US$ 8.2 billion in 2021. The global drone logistics market size is estimated to reach US$ 44.9 billion by 2030, growing at a compound annual growth rate (CAGR) of 20.8% during the forecast period from 2022 to 2030.
A drone, also known as an unmanned aerial vehicle or unmanned aircraft system, is an aerial vehicle that can be operated autonomously or remotely. Currently, drones have become very popular and are being used in many fields such as aerial photography, defense, logistics, and others. In the context of logistics, drone logistics is a service or solution for managing the transportation and storage of goods from source to destination in a supply chain.
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Factors Affecting Marketing Growth
Cybersecurity issues associated with drones and short flying duration are the factors that hinder the growth of the global market.
The increase in demand for time-efficient delivery services and the increase in demand for drones in last-mile delivery are the factors that drive the growth of the global market.
The growth in the adoption of drone delivery systems to enhance efficiency and increase the cost-effectiveness of the delivery systems are the factors that drive the growth of the global market.
Impact on COVID-19 Analysis
During the COVID-19 outbreak, drone services have been developed and used by drone service providers, including lab sample pick-up and delivery and transportation of medical supplies to reduce transportation time and reduce the risk of infection Monitor and guarantee air spraying of public areas and public space to disinfect potentially contaminated areas. In the event of COVID-19, these applications have increased demand for different types of drones to capture ground activities from the sky. Moreover, post-pandemic, several logistics companies are focusing on developing a network for last-mile deliveries based on drones, which in turn is expected to drive the growth of the global market.
Regional Analysis
North America dominates the market and is expected to continue dominating the market during 2021-2026. New measures are also being taken for ease of flying drones which will further boost demand, such as Transport in the region. During the forecasted period, the region which will record the highest growth is the Asia Pacific region due to high investments by companies from countries like India and China in this new technology.
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Leading Competitors
The prominent players in the global drone logistics market are:
Wingcopter GmbH
Zipline International Inc.,
Wing Aviation LLC
United Parcel Service of America, Inc.
PINC Solutions
Amazon.com
Matternet, Inc.
Flytrex Inc.
Hardis Group
Drone Delivery Canada
Others
Segmentation Analysis
The global drone logistics market segmentation focuses on Components, Applications, End Use, and Region.
Segmentation on the basis of Components
Services
Hardware
Software
Segmentation on the basis of Applications
Transportation Management
Warehouse and Storage Management
Segmentation on the basis of End Use
Military
Commercial
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Segmentation on the basis of Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
Reasons to Buy This Report
(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.
(B) The report offers comprehensive analysis of Drone logistics market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.
(C) The research includes segmentation of the Drone logistics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.
(D) Analysis of the Drone logistics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.
(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.
(F) The study helps evaluate Drone logistics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.
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