Drone Logistics & Transportation Market Witnessing Phenomenal Growth in Europe By 2027: Zipline, Volocopter, Flytrex, Flirtey, Drone Delivery Canada, Cheetah Logistic
Drone Logistics & Transportation market in Europe is expected to grow from US$ 7.54 Mn in 2018 to US$ 510.87 Mn by the year 2027. This represents a CAGR of 61.0% from the year 2019 to 2027.
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The key companies operating in the field of Europe Drone Logistics & Transportation Market are Cheetah Logistic Technology, Drone Delivery Canada Corp, Flytrex, Flirtey, Hardis Groupe, Infinium Robotics, PINC Applications Corp, Volocopter, Workhorse Group Inc, Zipline
The country witnessed huge demand of drones among various drone manufacturers especially for the purpose of using drone for delivering the parcels. These drones are used exclusively for commercial, military users in Italy. This factor is positively impacting on the growth of the drone logistics & transportation market in Italy during the forecast period. The figure given below highlights the revenue share of Germany in the European drone logistics & transportation market in the forecast period:
The robust focus of the German Federal Aviation Office (FAO) for flying a drone in Germany, by following certain compliant associated with the drone regulations. Various drone Logistics & transportation market players adhere with the regulations established for the use of drones for other purposes. For instance, ZF Friedrichshafen AG is a first German company which has received a permit to use autonomous drones for the transportation of goods in its premise specifically in plant. Such approvals and initiatives would help the companies to widen the scope of delivery drones.
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- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe drone logistics & transportation market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe drone logistics & transportation market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
The current drone Logistics & Transportation market scenario, drones are majorly deployed by e-commerce companies and several governments and private organizations to deliver time-sensitive goods, medicines and emergency response goods. Several governmental regulations have restricted the usage of drones for commercial delivery purposes in the earlier years, however, with the amendments of these regulations are helping the e-commerce industry players as well as several parcel delivery companies to use the service.
Despite the exponential growth of delivery drones in European countries, the most problematic scenario for delivery drone could be, to provide its service to the mid-sized buildings with pitched roofs. The delivery drones require an alternative delivery point or kind of collection point of the parcels. In respect to this, an existing DHL Packstation or Paketkasten network would be enhanced to manage shipments of this type. Moreover, DHL has entered into a partnership with Microdrones, a manufacturer of UAV to deliver pharmaceuticals at headquarter of DHL for the employees.
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France is anticipated to lead the drone logistics & transportation market across the Europe region through the forecast period. France is observing a significant growth in commercialization, resulting in the huge demand of drones in the country. The adoption of drone in France is presently extensively competitive where all the major players including competing in order to gain the customer's trust. For instance, in France, La Poste is a national post service has tested the robots for months. In addition to this, British startup BIZZBY Sky, La Poste, Google, Amazon, and DHL are investigating and testing on drones for the package delivery.
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