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Global Drone Logistics and Transportation Market Analysis to 2027 Lead By Top Companies CHEETAH SOFTWARE SYSTEMS, DRONE DELIVERY CANADA, FLIRTEY, FLYTREX AVIATION, HARDIS GROUP, INFINIUM ROBOTICS, PINC SOLUTIONS, VOLOCOPTER, WORKHORSE GROUP, ZIPLINE

04-11-2019 05:32 AM CET | Logistics & Transport

Press release from: The Insight Partners

Global Drone Logistics and Transportation Market

Global Drone Logistics and Transportation Market

The global drone logistics and transportation market accounted to US$ 24.58 Mn in 2018 and is expected to grow at a CAGR of 60.6% during the forecast period 2019 - 2027, to account to US$ 1,626.98 Mn by 2027. E-commerce companies are considerably opting for drones in order to revolutionize the last mile delivery services in a commercial scenario. 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. For instance, the US Government body, the Federal Aviation Administration earlier has banned the usage of drones for deliveries in the US sky. However, the body has altered the ban and has allowed the usage of the UAVs for goods deliveries under a number of clauses.

One of the most critical laws imposed upon commercial drone operations is that the drone pilot should maintain a visual line of sight with the unmanned aerial vehicle while in operation. The future of the market is anticipated to be prominent, with the implementation of Beyond the Visual Line of Sight (BVLOS). The benefits of BVLOS is that the concept allows the operators to fly drones in complex conditions and truly unmanned technology without the need for takeoff and landing. This technological concept is anticipated to trigger the growth of the market in the coming years.

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Company Profiles:
CHEETAH SOFTWARE SYSTEMS, INC.
DRONE DELIVERY CANADA CORP.
FLIRTEY
FLYTREX AVIATION, LTD.
HARDIS GROUP
INFINIUM ROBOTICS
PINC SOLUTIONS
VOLOCOPTER GMBH
WORKHORSE GROUP INC.
ZIPLINE

Global Drone Logistics and Transportation Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Drone Logistics and Transportation Market – Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.

Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Drone Logistics and 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 global Drone Logistics and Transportation Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global 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 products, segmentation and industry verticals.

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
The Insight Partners
533, 5th Floor, Amanora Chambers,
Amanora Township, East Block,
Kharadi Road, Hadapsar, Pune-411028
sales@theinsightpartners.com

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