Drone Logistics & Transportation Market growing a CAGR of 60.6% by 2027 | Top Leading Companies - Cheetah Software Systems, Drone Delivery Canada Corp., Flirtey, Flytrex Aviation, Ltd., Hardis Group, Infinium Robotics, PINC Solutions, Volocopter GmBH, Wor

The global drone logistics & transportation market accounted for US$ 24.58 Mn in 2018 and is expected to grow at a CAGR of 60.6% over the forecast period 2019-2027, to account for US$ 1,626.98 Mn in 2027.

Factors including increasing developments in the e-commerce sector and rising acceptance owing to various benefits offered are significantly driving the global drone logistics & transportation market. However, lack of skilled operators and difficulties in operation are impeding the market growth. Proliferation in rural deliveries is opportunistic for the growth of the market. For instance, in 2017, Tanzanian government announced the partnership with Zipline with an objective to provide emergency on-demand access to medicines, vaccines and blood in the region.

Get Sample Copy of "Drone Logistics & Transportation Market" Report @ https://www.premiummarketinsights.com/sample/TIP00000646

Companies Covered in this Report are:

1. Cheetah Software Systems, Inc.
2. Drone Delivery Canada Corp.
3. Flirtey
4. Flytrex Aviation, Ltd.
5. Hardis Group
6. Infinium Robotics
7. PINC Solutions
8. Volocopter GmBH
9. Workhorse Group Inc.
10. Zipline among others

The drone logistics & transportation market is fragmented with the presence of several industries and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the drone logistics & transportation market further. For instance, The Civil Aviation Administration of China (CAAC) permitted SF Holding and JD.com to start sending packages by drone in some of the rural areas. The companies are building network not only for small drones but also for large autonomous fixed-wing planes for final delivery that will take off from small airports to ferry bulk shipments between warehouses. For instance, Ele.me, Alibaba's food delivery arm, gained approval for testing drones in a large industrial zone. These initiatives by CAAC allow the company to serve its parcel delivery services to rural areas and inaccessible places in China. This initiative provides multiple benefits to the Asian robotics companies and thus increasing the growth of drone logistics & transportation market in the region.

On the basis of application, the shipping segment is leading the drone logistics & transportation market. However, the warehousing segment are anticipated to grow at a highest CAGR. The shipping application uses drones for the claims/returns of goods. These have a potential to organize claims/returns of goods in logistics industry. It enables retailers to utilize heavier duty drone to take defective products. It would assist the retailer to eradicate situations like emission and road congestion while delivering better expedient process. Currently, the global players are looking ahead to support logistic industry by using drones as an alternative solution for delivering drones. Drones aims to deliver packages following the last mile logistics concept, which is boosting the market for shipping market.

Purchase this report@https://www.premiummarketinsights.com/buy/TIP00000646

Table of Contents
1. INTRODUCTION
2. KEY TAKEAWAYS
3. DRONE LOGISTICS & TRANSPORTATION MARKET LANDSCAPE
4. DRONE LOGISTICS & TRANSPORTATION MARKET - KEY INDUSTRY DYNAMICS
5. DRONE LOGISTICS & TRANSPORTATION MARKET - GLOBAL ANALYSIS
6. DRONE LOGISTICS & TRANSPORTATION MARKET REVENUE AND FORECASTS TO 2027 - TYPE
7. DRONE LOGISTIC & TRANSPORTATION MARKET REVENUE AND FORECASTS TO 2027 - APPLICATION
8. DRONE LOGISTICS & TRANSPORTATION MARKET REVENUE AND FORECASTS TO 2027 - END USER
9. DRONE LOGISTICS & TRANSPORTATION MARKET - GEOGRAPHICAL ANALYSIS
10. INDUSTRY LANDSCAPE
11. COMPETITIVE LANDSCAPE
12. DRONE LOGISTICS & TRANSPORTATION, KEY COMPANY PROFILES

About us:

Premium Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.

We provide best in classcustomer service and our customer support team is always available to help you on your research queries. Our commitment to customer service is best exemplified by free analyst support that we offer to our clients which sets us apart from any other provider. We also offer enterprise subscriptions which provide significant cost savings to our clients.

Contact us:
Premium Market Insights,
Contact Person: Sameer Joshi
Email: sales@premiummarketinsights.com

This release was published on openPR.