Press release
Drone Logistics and Transportation Market Prognosticated to Perceive a Thriving Growth at 60.6% CAGR - Cheetah Software Systems, Drone Delivery Canada, Flirtey, Flytrex Aviation, Hardis Group, Infinium Robotics, Pinc Solutions
“Global Drone Logistics and Transportation Market Research Report”provides detailed insight covering all important parameters including Development Trends, Challenges, Opportunities, Key Manufacturers and Competitive Analysis.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.
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The reports cover key developments in the Drone Logistics and Transportation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Drone Logistics and Transportation market are anticipated to lucrative growth opportunities in the future with the rising demand for Drone Logistics and Transportation market in the global market.
Key Players Influencing the Market
• Cheetah Software Systems, Inc.
• Drone Delivery Canada Corp.
• Flirtey
• Flytrex Aviation, Ltd.
• Hardis Group
• Infinium Robotics
• Pinc Solutions
• Volocopter Gmbh
• Workhorse Group Inc.
• Zipline
The "Global Drone Logistics and Transportation Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Drone Logistics and Transportation market with detailed market segmentation by component, deployment type, industry vertical, and geography. The global Drone Logistics and Transportation market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Drone Logistics and Transportation market players and offers key trends and opportunities in the 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.
The global Drone Logistics and Transportation market is segmented on the basis of component, enterprise size, and industry vertical. Based on component, the market is segmented as solution and services. On the basis of the enterprise size, the market is segmented as large enterprises and SMEs. The market on the basis of the industry vertical is classified as BFSI, IT & telecom, media and entertainment, retail and consumer goods, manufacturing, government and public sector, and others.
Besides this, the report analyzes factors affecting Drone Logistics and Transportation market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Drone Logistics and Transportation Market report.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Drone Logistics and Transportation market based on the type and application. It also provides market size and forecast till 2027 for overall Drone Logistics and Transportation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Drone Logistics and Transportation Market.
• Key market trends cracking up the growth of the Drone Logistics and Transportation Market.
• Challenges to market growth.
• Key vendors of Drone Logistics and Transportation Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Drone Logistics and Transportation Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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