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Europe Drone Logistics & Transportation Market Extensive Industry Analysis, Growth Rate, Segmentation, Investment Opportunities and Top Manufacturers 2027

02-23-2022 05:17 PM CET | Industry, Real Estate & Construction

Press release from: Business Market Insights

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.

Growth in the e-commerce market is fueling dramatic changes in the warehouse which is further enhancing the growth of drone Logistics and Transportation market. Owing to this the entire e-commerce market is gaining a great deal of attraction. However, the time taken to deliver goods and parcels was longer in earlier days, with the emergence of advanced technologies and faster parcel delivery options such as through drones are making the e-commerce industry players simplify the delivery process and at a much lesser time. In 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.

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Key companies profiled in this research study are:
1. Cheetah Logistic Technology
2. Drone Delivery Canada Corp.
3. Flytrex
4. Flirtey
5. Hardis Groupe, SAS
6. Infinium Robotics
7. PINC Applications Corp.
8. Volocopter
9. Workhorse Group Inc.
10. Zipline

EUROPE DRONE LOGISTICS & TRANSPORTATION - MARKET SEGMENTATION

By Type
Freight Drones
Passenger Drones
Ambulance Drones

By End User
Military
Commercial

By Country
France
Germany
Italy
Spain
UK
Rest of Europe

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. 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:

Business Market Insights dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Purchase a copy of Europe Drone Logistics & Transportation Market research report@: https://www.businessmarketinsights.com/buy/single/TIPRE00003327?utm_source=OpenPR&utm_medium=10279

Major Features of Europe Drone Logistics & Transportation Market Report:
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 Europe 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

Access full Report Description, TOC, Table of Figure, Chart, etc. @: https://www.businessmarketinsights.com/reports/europe-drone-logistics-and-transportation-market?utm_source=OpenPR&utm_medium=10279

Contact US:
Business Market Insights
Phone: +442081254005
E-Mail ID: sales@businessmarketinsights.com
Web URL: https://www.businessmarketinsights.com/
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About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace &Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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