Drone Logistics and Transportation Market Worth $12180 Million by 2027

The global Drone Logistics and Transportation market size is projected to reach US$ 12180 million by 2027, from US$ 5752.2 million in 2020, at a CAGR of 10.8% during 2021-2027. Major factors driving the growth of the drone logistics and transportation market are, increasing use of unmanned aerial vehicles (UAVs) in commercial applications for faster delivery, the growing e-commerce market, eased regulations for the usage of drones for commercial purposes.

This report focuses on the global Drone Transportation and Logistics status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the Drone Transportation and Logistics development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

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Increased drone use for several commercial and military applications is expected to drive the growth of drone logistics and transportation market size. Drones are used in commercial and military applications for inventory tracking, delivery of food, delivery of medical supplies, border surveillance, delivery of parcels, and so on.

The emergence of e-commerce has contributed substantially to the growth of the Drone Logistics and Transportation market size. As there is a growing demand for the speedy delivery of goods, drones are being increasingly used in e-commerce warehouses for the delivery of goods and warehousing of products.

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Drone Logistics and Transportation Market Segment Review

Drone Logistics and Transportation Market by Solution

The shipping segment is expected to be the largest contributor in the market during the forecast period. The shipping segment's dominance is due to increasing investment in the R&D of drones for package delivery.

Warehousing
Shipping
Others

Drone Logistics and Transportation Market by Application

The Commercial segment is expected to account for the largest market size during the forecast period. The large market share of this segment is due to the increase in the number of deliveries in the logistics industry, especially in the e-
commerce industry.
Civil and Commercial
Military

Drone Logistics and Transportation Market by Region

The Asia-Pacific region is anticipated to experience the highest growth in the coming years. This rapid growth is attributed to the investments by the Chinese and Indian companies in drone delivery technology.

The North American region is expected to hold the largest drone delivery & transportation market share over the forecast period. The use of drones for transport has been growing in North America, with the United States and Canada taking steps to implement drones in the commercial and military sectors.

Major Players in the Drone Logistics and Transportation Market

Deutsche Post DHL Group
Drone Delivery Canada
Matternet
United Parcel
PINC Solutions
DroneScan
Infinium Robotics
Skycart
Skysense
Zipline International
Flirtey
Flytrex
Altitude Angel
AirMap
Uber

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This release was published on openPR.