Drone Logistics and Transportation Market Witness the Growth of $29.06 Billion by 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 logistics market.
• 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 demand for faster
  delivery in the logistics
• 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.
• Target Audience
• Manufacturers of UAVs
• Component Manufacturers of UAVs
• System Integrators
• Government and Certification Bodies
• By drone, the freight segment is expected to be
  the largest contributor in the market during the
  forecast period.
• 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 lt10kg (delivery drones) and gt10kg
  (cargo drones). The lt10kg (delivery drones) sub
  segment is expected to lead freight drones
  segment owing to the high demand for drones for
  first mile and last mile deliveries.
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Commercial segment is expected to account for the
largest market size during the forecast
period. 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 segments large market
share is attributed to the large number of
deliveries in the logistics industry, especially
in the e-commerce sector. By solution, the
shipping segment is expected to be the largest
contributor in the market during the forecast
period. 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 RD of drones for package
delivery. North America is expected to account
for the largest market size during the forecast
period. 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, and UPS. Key Market Players 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
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id132496700
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