Drone Logistics Market Top Key Players - Drone Delivery Canada Corp, Uber Technologies Inc., Zipline International, Flirtey, Matternet, PNC Solutions Corp, DroneScan
Listing a few applications where drone delivery will be able to revolutionize and solve the problem of delayed delivery are food delivery, supply of medicines and other medical equipment, parcel delivery and also providing surveillance at borders. Better inventory management and inventory tracking would be other uses.
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In the fast moving world, there are a few factors which are driving the demand for drones:
• The rapid expansion of the e-commerce market is expected to give a boost to the drone logistics market.
• The applications of drones in the commerce sector for faster deliveries will increase with the governments of various countries (especially developed) easing the rules and regulations regarding the usage of drones.
• Advancement of technology will help make drones safer to fly autonomously. There is a trend of higher investment by companies to achieve better designs and innovative UAVs. Venture capitalists are also finding this market lucrative for investment.
Though the adoption of drones seem to be a probable trend in the future, currently the manufacturers have to address the following issues to boost demand :
• The current drones have a low battery life.
• There are issues related to the bandwidth of the drones.
• Safety is a major concern for the operations of these drones so that they do not clash with other flying objects or high rise buildings and can move autonomously.
The market can be divided in the following segments based on the applications in a business :
The sectors in which drones find application for logistical purposes are :
In the military division, there are tests being run to implement the usage of drones for providing supplies to the army during wars. The US Army is mostly keen on using drones (Joint Tactical Resupply vehicle) during warfare.
In the commercial sphere, the key players of e-commerce, namely Amazon and DHL are in the process of implementing drone deliveries.
By Product Type
The products can be classified as follows :
1. Freight Drones (These are used for the delivery for goods and parcels.)
2. Passenger Drones / Flying Cars (These are used to help people commute between places.)
3. Ambulance Drones ( This is used in cases of emergency and accidents to provide first aid to people who are injured.)
Among the three product types, freight drones are expected to hold the most prominent share during the period 2021-2026 as it is finding its application in both sectors commercial and military.
The market can be divided as follows according to region :
1. North America
2. Asia Pacific
4. Latin America
5. Middle East and Africa
In terms of market share, North America dominates the market and is expected to continue dominating the market during 2021-2026. The main countries in North America which are the USA and Canada have shown high adoption of drones for logistics.
In the future, delivery companies may be in a position to acquire drone delivery providers which would give them more control over the supply chain and a better standing in the market.
The key players in this market are:
Drone Delivery Canada Corp
Uber Technologies Inc.
PNC Solutions Corp
Workhorse Group Inc.
Infinium Robotics PTE Ltd.
Cheetah Logistics Technology
Read More Information: https://mobilityforesights.com/product/drone-logistics-market/
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