With 55.1% CAGR, Drone Logistics and Transportation Market Set to Garner USD 11,529.64 million by 2029

Exactitude Consultancy Market Research analyses that the Drone Logistics and Transportation Market will witness a CAGR of 55.1% for the forecast period of 2023-2029 and is likely USD 533.99 million in 2022 to reach at USD 11,529.64 million by 2029.

Drone logistics refers to the use of unmanned aerial vehicles (UAVs), commonly known as drones, for the transportation and delivery of goods. Drone logistics is an emerging technology that has the potential to transform the way goods are transported and delivered, especially in areas where traditional transportation methods are limited or impractical.

The use of drones for logistics is still in its early stages, but it has already been adopted by several companies for specific applications. For example, some companies are using drones to deliver medical supplies and other essential items to remote or inaccessible areas. 

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Drone Logistics And Transportation Market Dynamics

✦ Drone Logistics and Transportation Market Driver

Last-mile deliveries and efficient logistics are in high demand

Consumers are willing to pay extra to have products delivered on the same day, which indicates an increase in demand for faster and more efficient delivery at cheaper prices, especially in the e-commerce industry. This need will surely increase the use and acceptance of drones in the logistics and transportation market. According to a Clutch survey, 36% of online customers are more likely to place an order if drone delivery is available. Drones are widely used worldwide for logistics and transportation such as postal delivery, healthcare and pharmacy packages such as drugs, blood, and organs and equipment transportation, and retail and food packages such as e-commerce, grocery delivery, and food delivery.

✦ Drone Logistics and Transportation Market Restraint

Lack of skilled and trained staff for operation

Personnel in charge of drone operations must ensure the overall reliability of the unmanned aerial system, including the UAV, ground control station, and communications equipment. Drones can fly at various heights and require skilled workers to remotely control and operate them. Not many pilots are available for high-precision operations. Growing commercial drone delivery and transportation vertical usage adds to the growing demand for skilled drone pilots. Currently, efforts are made to strengthen the autonomy of these systems, thereby reducing the involvement of human operators, in order to reduce the frequency of accidents caused by the drone operator's insufficient control skills. Drones must be equipped with technology that allows them to autonomously sense and avoid collisions while in operation.

Prominent Key players of the Drone Logistics and Transportation Market survey report:

Historical data available in the report elaborates on the development of the Drone Logistics and Transportation on national, regional and international levels. Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis. Some Key Competitors of the Market are - Skycraft Inc., Infinium Robotics, AgEagle Aerial System, Air Map Inc., Skyport Limited, Skysense, Amazon.com, Inc., Matternet, DHL, Zipline International Inc. others

Industry Developments:

17 November 2020: Matternet, the developer of the world's leading urban drone logistics platform, launched the operations at Labor Berlin Charité Vivantes in Germany.

12 December 2022: Matternet Launched the World's Longest Urban Drone Delivery Route Connecting Hospitals and Laboratories in Zurich, Switzerland.

Drone Logistics and Transportation Market Segmentation:

Drone Logistics And Transportation Market By Solution, 2023-2029, (USD Billion) (Thousand Units)

» System

» Software

» Infrastructure

Drone Logistics And Transportation Market By Platform, 2023-2029, (USD Billion) (Thousand Units)

» Freight Drones

» Passenger Drones

» Air Ambulance Drones

Drone Logistics And Transportation Market By Application, 2023-2029, (USD Billion) (Thousand Units)

» Logistics

» Transportation

Drone Logistics And Transportation Market By End-User, 2023-2029, (USD Billion) (Thousand Units)

» Defense

» Commercial

Drone Logistics And Transportation Market By Range, 2023-2029, (USD Billion) (Thousand Units)

» Close- Range (650 Kilometers)

The regional outlook by revenue covers the countries namely:

✦ North America (United States, Canada and Mexico)

✦ Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

✦ Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

✦ South America (Brazil, Argentina, Colombia, and Rest of South America)

✦ Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

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Key Features of the Drone Logistics and Transportation Market Report: -

⇨  Analyse competitive developments such as expansions, deployments, new product launches, and market acquisitions.

⇨  Examine the market opportunities for stakeholders by identifying higher growth sections.

⇨  To study and analyse the global Drone Logistics and Transportation industry status and forecast including key regions.

⇨  An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

⇨  It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

⇨  It helps you make strategic business decisions and investment plans.

Competitive Landscape

Competition has been growing for the Drone Logistics and Transportation industry as the supply and demand has been on an increasing trend sine past decade. This report gives a detailed analysis of the presence of various small, medium and micro enterprises in the industry of numerous scales, their relative sizes, product offerings, and market positions in the pre and post pandemic situations. Additionally, the report provides an overview of the competitor strategy with regards to business and corporate office and functions have been provided. The report also mentions about the operations, technology infrastructure, marketing strategies and financial capabilities. Thus, the report gives a very good understanding of the market to the shareholders and stakeholders from an overall perspective.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.

► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.

► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.

► Company History: The development of predominant occasions associated to the company.

► Main merchandise and services: A listing of the company's fundamental products, services, and brands.

► Main Competitors: A listing of the company's fundamental competitors.

► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

► Detailed economic ratios of the previous 5 years: The trendy monetary ratios come from the annual economic statements issued by means of agencies with a record of 5 years.

Table of Contents

Global Drone Logistics and Transportation Market Research Report 2023-2029

1 Drone Logistics and Transportation Market Overview

1.1 Product Overview and Scope of Drone Logistics and Transportation

1.2 Drone Logistics and Transportation Segment by Type (Product Category)

1.3 Global Drone Logistics and Transportation market Segment by Application

1.4 Global Drone Logistics and Transportation Market by Region (2023-2029)

1.4.1 Global Drone Logistics and Transportation Market Size (Value) and CAGR (%) Comparison by Region (2023-2029)

1.4.2 North America Status and Prospect (2023-2029

1.4.3 Europe Status and Prospect (2023-2029)

1.4.4 China Status and Prospect (2023-2029)

1.4.5 Japan Status and Prospect (2023-2029)

1.4.6 Southeast Asia Status and Prospect (2023-2029)

1.4.7 India Status and Prospect (2023-2029)

1.5 Global Market Size (Value) of Drone Logistics and Transportation (2023-2029)

1.5.1 Global Drone Logistics and Transportation Revenue Status and Outlook (2023-2029)

1.5.2 Global Drone Logistics and Transportation Capacity, Production Status and Outlook (2023-2029)

…

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