Drone Logistics and Transportation Market Analysis, Growth & Forecast to 2027

1
Drone Logistics and Transportation Market
Analysis, Growth Forecast to 2027
This report provides a detailed analysis of the
Drone Logistics and Transportation Market from
2022 to 2027. It discusses industry and
technological trends prevailing in the market and
examines factors that are expected to drive or
challenge the growth of the drone logistics and
drone transportation market in the near future.
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. Increasing
investments for the commercialization of drones
in the logistics and drone transportation
industry are expected to drive the drone
logistics and drone transportation
market. Request for customization
_at_ https//www.marketsandmarkets.com/requestCustomi
zationNew.asp?id132496700 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. The
lt10kg (delivery drones) sub segment of freight
drone segment is expected to lead the drone
logistics and drone transportation market during
the forecast period due to the increasing demand
for drones for last mile delivery of packages,
food, and medical supplies. Based on sector, the
drone logistics and drone transportation market
has been segmented into commercial and military.
The commercial segment is projected to grow at a
higher CAGR from 2022 to 2027. The growth of
this segment can be attributed to the rising
demand for drones in various commercial
applications, such as warehouse management,
inventory tracking, first mile delivery, and
last mile delivery. Based on solution, the drone
logistics and drone transportation market has
been segmented into warehousing, shipping,
infrastructure, and software. The shipping
segment is projected to grow at the highest CAGR
during the forecast period. This anticipated
high growth rate can be attributed to high
investments by companies, such as Amazon, DHL,
and UPS, toward the use of drones for shipping
parcels or packages.
2
The drone logistics and drone transportation
market in the North American region is expected
to grow at the highest CAGR during the forecast
period. This growth is primarily driven by the
increasing research and development activities
toward the use of drones in the logistics and
transportation industry. Infrastructure and
software solutions are being developed to enable
the use of drones in the delivery and
transportation industry. The relaxation of
restrictions on the commercial use of drones is
expected to fuel the growth of the drone
logistics and drone transportation market. Key
players operating in the drone logistics and
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). Inquiry
before buying _at_ https//www.marketsandmarkets.com/
Enquiry_Before_BuyingNew.asp?id132496700 About
MarketsandMarkets 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 5000 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. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche
markets. Contact Mr. Shelly Singh
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441