Drone Logistics and Transportation Market to Reach US$ 6,899.2 Million, Globally by 2028 at 56.95% CAGR | Cana LLC, Dronamics, Drone Delivery Canada, Flytrex Aviation Ltd., Guangzhou EHang Intelligent Technology Co. Ltd

IMARC Group has recently released a new research study titled "Drone Logistics and Transportation Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Market Outlook:

The global drone logistics and transportation market size reached US$ 449.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,899.2 Million by 2028, exhibiting a growth rate (CAGR) of 56.95% during 2023-2028.

Drone logistics and transportation refers to the use of unmanned aerial vehicles (UAVs) for the transportation and delivery of goods. Drone logistics and transportation is an emerging field that offers several advantages over traditional delivery methods, including faster delivery times, reduced costs, and improved safety. Drones can deliver goods to remote or hard-to-reach areas, thus making them particularly useful for disaster relief and medical supply deliveries. In addition to this, drones can operate 24/7 and can be programmed to follow specific routes, thus reducing the need for human intervention.

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Drone Logistics and Transportation Market Growth Drivers: 

The increasing demand for faster delivery methods represents a key factor driving the market growth across the globe. In line with this, drone logistics and transportation offer faster delivery times, especially for last-mile deliveries, thus driving the market growth. In addition to this, advancements in drone technology and the rising need for supply chain optimization are contributing to the growth of the market. This is primarily attributed to drones becoming more capable, with longer flight times, higher payloads, and improved sensing and navigation capabilities, which is further making drones more useful for a wider range of applications, including delivery, surveillance, and inspection. Apart from this, government regulations promoting the use of drones for commercial applications are creating a positive outlook for the market.

Competitive Landscape with Key Players:                          

The competitive landscape of the global drone logistics and transportation market has been studied in the report with the detailed profiles of the key players operating in the market.

Major Players Covered: 

• Cana LLC
• Dronamics
• Drone Delivery Canada
• Flytrex Aviation Ltd.
• Guangzhou EHang Intelligent Technology Co. Ltd.
• Hardis Group
• Matternet
• Volocopter Gmbh
• Wing Aviation (Alphabet Inc.)
• Zipline International Inc.

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Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Platform:

• Freight Drones
• Passenger Drones
• Air Ambulance Drones

Breakup by Range:

• Close-Range (650 Kilometers)

Breakup by Sector:

• Civil and Commercial
• Military

Breakup by Country:

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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