openPR Logo
Press release

Taking Flight : The Rising Cargo Drones Market and Its Impact on Logistics 2023-2032

09-11-2023 02:12 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Taking Flight : The Rising Cargo Drones Market and Its Impact

According to a new report published by Allied Market Research, titled, "Cargo Drones Market," The cargo drones market was valued at $0.68 billion in 2022, and is estimated to reach $16.9 billion by 2032, growing at a CAGR of 38.1% from 2023 to 2032.

Asia-Pacific includes countries such as China, India, Japan, South Korea, and the rest of Asia-Pacific. The cargo drones market is expected to grow significantly in the Asia-Pacific region owing to the rise of the e-commerce industry, with consumers increasingly relying on online shopping for their needs. This has led to a surge in demand for fast and efficient delivery services with the help of cargo drones.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ : https://www.alliedmarketresearch.com/request-sample/84889

Testing of technologically advanced drones are continuously reshaping the cargo drones market. For instance, in June 2022, the Aviation Industry Corporation of China (AVIC), an aircraft manufacturer from China conducted test flights with its new drone, the TP500. Moreover, the country explores the use of cargo drones for military logistics, surveillance, and reconnaissance purposes. These cargo drones can transport military supplies, equipment, and personnel to areas that are difficult to reach by road or air. For instance, in April 2022, the Chinese People's Liberation Army (PLA) Joint Logistics Support Force organized an inspection event to find the drone to enhance the Chinese military's logistics support capabilities and boost the PLAs' overall combat capabilities. Therefore, the development and deployment of cargo drones to enhance the military operations drive the growth of the market.

Cargo drones are increasingly being used in the country in the healthcare industry to deliver vital supplies like drugs, diagnostic samples, vaccines, blood, and related components. Moreover, China is focused on investing in the design, research, and development of cargo drones to keep up with the growth in e-commerce. For instance, in January 2023, AirWhiteWhale, a Chinese unmanned aircraft manufacturer announced to raise $14.7 million and $22.1 million for the development of a fleet of cargo drones.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/cargo-drones-market/purchase-options

Japan aims at the adoption of cargo drones to transport goods and speed up the movement of equipment in remote locations. Cargo drones are increasingly being used for various industries such as civil engineering or construction sites, agricultural fields, and others. For instance, in December 2022, Japan Post, the national mail service announced full-scale drone delivery services. Moreover, there is a rise in the development and testing of cargo drones in the country. For instance, in February 2020, SkyDrive Inc., a Japanese cargo drone developer launched test flights of a cargo drone.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ :

By propulsion, the hybrid segment is anticipated to exhibit significant growth in the near future.

By wing type, the hybrid segment is anticipated to exhibit significant growth in the near future.

By industry, the healthcare segment is anticipated to exhibit significant growth in the near future.

By payload, the above 1000 kg segment is anticipated to exhibit significant growth in the near future.

By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  : https://www.alliedmarketresearch.com/purchase-enquiry/84889

Key players operating in the global cargo drones market include Dronamics, Volocopter GmbH, Ehang Holdings Ltd, Pipistrel d.o.o, Singular Aircraft, UAVOS Inc, Elroy Air, NATILUS, ARS Aerosystems, and SkyDrive Inc. The companies are adopting strategies such as product launch, agreement, expansion, and others to improve their market positioning

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ :

David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
USA/Canada (Toll Free):
+1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Allied Market Research :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Taking Flight : The Rising Cargo Drones Market and Its Impact on Logistics 2023-2032 here

News-ID: 3203566 • Views: โ€ฆ

More Releases from Allied Market Research

Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices. Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529 What Are Urinary Drainage Bags? Urinary drainage bags are specialized medical devices designed to collectโ€ฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031. The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโ€ฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Billion by 2030; Growing at a CAGR of 17.2%
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โ€ฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario. Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโ€ฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of 5.6%
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โ€ฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031. Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโ€ฆ

All 5 Releases


More Releases for Cargo

Air Cargo Market Giants Spending Is Going To Boom | Singapore Airlines Cargo, Ca โ€ฆ
HTF MI recently introduced Global Air Cargo Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are FedEx, UPS, DHL, Emirates SkyCargo, Qatar Airways Cargo, Lufthansa Cargo, Cargolux, Singapore Airlinesโ€ฆ
Cargo Shipping Market Liquid Cargo, Dry Cargo, General Cargo By Cargo Type Indus โ€ฆ
Cargo Shipping Market by Cargo Type (Liquid Cargo, Dry Cargo, General Cargo), by Ship Type (Bulk Carriers, General Cargo Ship, Container Ship, Tanker, Reefer Ship, Others), by Industry Type (Food and Beverages, Manufacturing, Retail, Oil and gas, Automotive, Pharmaceutical, Electrical and Electronics, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031. The global cargo shipping market size was valued at $2.2 trillion in 2021, and is projected to reach $4.2 trillionโ€ฆ
Air Cargo: Market 2022 Is Booming Worldwide | DHL Aviation, Lufthansa Cargo, Sin โ€ฆ
The technique applied to derive the market share of the Air Cargo Market 2022 built on the end-user sector and market area is bottom-up forecasting. The key sources of information consist of several Air Cargo industry professionals, suppliers, manufacturers, associations along with business distributions. The research report defines exclusive benefits of the various market size, shares, and the patent industry. The key aim of the Air Cargo research report isโ€ฆ
Air Cargo Market| Key Players - Cathay Pacific Cargo, FedEx Express, UPS Airline โ€ฆ
The air cargo market report provides analysis for the period 2015โ€“2025, wherein the period from 2017 to 2025 is the forecast period and 2016 is the base year. The report covers all the major trends and services playing a key role in air cargo market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence marketโ€™s growth during the said period. The study providesโ€ฆ
Global Air Cargo Market | air cargo carriers,air cargo world,air cargo 2019,air โ€ฆ
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled โ€œAir Cargo Marketโ€ to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Report Sample Copy on Air Cargo Market @ https://www.mrrse.com/sample/4096 The air cargo market reportโ€ฆ
Global Air Cargo Market | Cathay Pacific Cargo, FedEx Express, UPS Airlines, DHL โ€ฆ
In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled โ€œAir Cargo Marketโ€ to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Get Report Sample Copy @ https://www.mrrse.com/sample/4096 The air cargo market report provides analysis for theโ€ฆ