01-11-2019 04:29 PM CET - Logistics & Transport

+21% CAGR Growth To Be Achieved By Drone Logistics And Transportation Market And Know Incredible Possibilities Of Growing In International Market By Top Companies Like PINC Solutions (US), Drone Delivery Canada (Canada), Dronescan And Others

Press release from: The Research Insights

Drones will be accustomed transport a large vary of merchandise, from little packages to medical provides and food, among others. More investments have been seen in the delivery drone industry by venture capitalists to commercialize the industry. Companies like Amazon, Google, and Walmart are also engaged in research and development activities to commercialize the use of drones for delivery.

Unmanned aerial vehicles (UAVs) square measure remotely piloted aerial vehicles that have vital roles within thedefense and business sectors. UAVs, additionally called drones, are increasingly used for border surveillance. They are additionally utilized in numerous business applications, such as monitoring, surveying & mapping, precision agriculture, aerial remote sensing, and product delivery.

Key companies profiled in this reports:
PINC Solutions (US), Drone Delivery Canada (Canada), DroneScan (South Africa), CANA Advisors (US), Infinium Robotics (Singapore), Matternet (US), Hardis Group (France), Workhorse Group (US).

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Demand for faster delivery of goods, opportunities for vendors at different levels of the value chain, the rapidly increasing use of drones in various fields and rising demand for industry-specific analytical solutions are some of the key factors influencing the market growth. Factors such as delivery authentication and cyber security concerns and restrictions on the commercial use of drones are restraining the market.

The Drone Logistics And Transportation market has been estimated to register a CAGR of +21% during the forecast period.

A number of companies are looking into using drones for logistics applications. Rising interest in the use of Unmanned aerial vehicle for the delivery of packages has led to huge investment by venture capitalists in this field. By region, North America is expected to account for the largest share of the market which can be attributed to the high demand for UAV from the military sectors .

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Market, By Solution
• Warehousing
• Shipping
• Infrastructure
• Software

Market, By Sector
• Military
• Commercial

Key questions answered in the report include:
• What will the Drone Logistics And Transportation market size and the growth rate be in 2026?
• What are the key factors driving the global Drone Logistics And Transportation market?
• What are the key market trends impacting the growth of the global Drone Logistics And Transportation market?
• What are the challenges to market growth?
• Who are the key vendors in the global Drone Logistics And Transportation market?
• What are the market opportunities and threats faced by the vendors in the global Drone Logistics And Transportation market?
• Trending factors influencing the Drone Logistics And Transportation market shares of the Americas, APAC, Europe, and MEA.
• What are the key outcomes of the five forces analysis of the global Drone Logistics And Transportation market?

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This release was published on openPR.
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