Press release
Cargo Drones Market Size Expected to Reach $16.9 Billion by 2032 | Top Companies and Growth Opportunities
๐๐๐ซ๐ ๐จ ๐๐ซ๐จ๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐๐ญ๐ข๐ฌ๐ญ๐ข๐๐ฌ ๐๐๐๐-๐๐๐๐ :
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.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : 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.
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.
The government of India has increased its emphasis on the drone sector owing to the rising popularity of cargo drones in the country. For instance, according to the Civil Aviation Ministry, India's drone business is expected to generate a total revenue of $1.63-2.04 billion by 2026, up from its present revenue of around $ 10.88 million reported in October 2021. India is testing the application of cargo drones in the healthcare sector to deliver vaccines, clinical medications, medical pathological testers, and others. For instance, in September 2021, a drone made a "Beyond Visual Line of Sight" (BVLOS) flight carrying a box of life-saving medicines and vaccines in the Vikarabad district of Telangana under the Medicines from the Sky" project designed to improve healthcare access in remote areas.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/cargo-drones-market/purchase-options
Hybrid-powered cargo drones are unmanned aerial vehicles that use a combination of different propulsion systems, typically electric and gasoline-powered engines, to achieve greater flight range and payload capacity than single-powered drones. The hybrid system combines the benefits of both electric and gasoline-powered drones, enabling longer flight times, higher payloads, and more versatile flight capabilities.
Hybrid-powered cargo drones have gained popularity in industries such as logistics and transportation, where there is a need for drones that can carry heavier payloads over longer distances. They offer several advantages over single-powered drones, such as reduced fuel consumption, increased flight endurance, and improved safety. Many drone manufacturers focus on revolutionizing the logistics and delivery industry by offering a more efficient, cost-effective, and environmentally friendly way to transport goods over medium to long distances. For instance, in April 2022, Aergility, a U.S. based aerospace startup, developed an electric vertical takeoff and landing (eVTOL) cargo drone called the Atlis Gen 3. The drone is designed to carry payloads of up to 300 pounds and travel at speeds of up to 100 miles per hour for up to 300 miles.
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The outbreak of COVID-19 led to lockdowns and restrictions on movement to slow the spread of the virus. This led to a significant decrease in economic activity, with many businesses forced to close or reduce their operations. However, post-pandemic, there was a surge in demand for delivery services, as people shifted toward online shopping and home delivery to avoid public places. In addition, cargo drone manufacturers and operators continued to invest in R&D, further improving the capabilities and efficiency of cargo drones. For instance, in February 2022, the Defense Research and Development Organization (DRDO), an agency of the Government of India responsible for the development of technology announced its plans to develop a new class of drones that are able to carry loads at high-altitude region.
๐๐๐ฒ ๐ ๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐๐ ๐๐ก๐ ๐๐ญ๐ฎ๐๐ฒ :
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/84889
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Dronamics,
Volocopter GmbH,
Ehang Holdings Ltd,
Pipistrel d.o.o,
Singular Aircraft,
UAVOS Inc,
Elroy Air,
NATILUS,
ARS Aerosystems,
SkyDrive Inc.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
Firefighting Drone Market :
https://www.alliedmarketresearch.com/firefighting-drone-market-A06280
LiDAR drone Market :
https://www.alliedmarketresearch.com/lidar-drone-market-A10534
Drone Package Delivery Market :
https://www.alliedmarketresearch.com/drone-package-delivery-market-A07127
๐๐จ๐ง๐ญ๐๐๐ญ :
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
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ :
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research 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.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Cargo Drones Market Size Expected to Reach $16.9 Billion by 2032 | Top Companies and Growth Opportunities here
News-ID: 3465981 • Views: โฆ
More Releases from Allied Market Research
Food Service Equipment Market Research Overview, Share, Size, Analysis, and Fore โฆ
food service equipment market size was valued at $35.8 billion in 2023, and is estimated to reach $74.4 billion by 2035, growing at a CAGR of 6.3% from 2024 to 2035.
Food service equipment includes a comprehensive range of appliances, tools, and machinery critical to the efficient preparation, cooking, storage, and serving of food and beverages in commercial environments such as restaurants, hotels, cafeterias, and catering services. This category encompasses everythingโฆ
Aircraft Ejection Seat Market Global Growth, Size, Trends, Industry Analysis, Ke โฆ
The aircraft ejection seat is a system designed specifically to rescue the pilot or other crew members of an aircraft in a state of emergency. To save the life of the pilot in the event of an accident or malfunction on-board, seat ejection from the aircraft is considered as one of the primary countermeasures. In addition, the recent aircraft models come up with aircraft ejection seats that are designed toโฆ
Sugar Substitute Market Size | Industry Thriving Worldwide at a Significant Grow โฆ
Sugar is the soluble carbohydrate with a sweet taste and is widely used in a variety of foods but the rise in number of diseases due to high consumption of sugar has led to the demand for alternative products. Sugar substitute also known as low-calorie sugar is the alternative used instead of actual sugar and is considered as a food additive that provides a sweet taste to the product butโฆ
Cloud Kitchen Market Size Growing at 11.0% CAGR, Set to Reach USD 154.9 Billion โฆ
The "cloud kitchen industry" was valued at $44.9 billion in 2023, and is estimated to reach $154.9 billion by 2035, growing with a CAGR of 11.0% from 2024 to 2035.
The rapid expansion of the cloud kitchen market is fueled by shifting consumer preferences towards convenience and online food delivery services, with significant impact of the COVID-19 pandemic on traditional dine-in restaurants. As consumers increasingly opt for the ease of orderingโฆ
More Releases for Cargo
Air Cargo Market Giants Spending Is Going To Boom | Singapore Airlines Cargo, Ca โฆ
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 Airlinesโฆ
Cargo Shipping Market Liquid Cargo, Dry Cargo, General Cargo By Cargo Type Indus โฆ
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 trillionโฆ
Air Cargo: Market 2022 Is Booming Worldwide | DHL Aviation, Lufthansa Cargo, Sin โฆ
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 isโฆ
Air Cargo Market| Key Players - Cathay Pacific Cargo, FedEx Express, UPS Airline โฆ
The air cargo market report provides analysis for the period 2015โ2025, 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 marketโs growth during the said period. The study providesโฆ
Global Air Cargo Market | air cargo carriers,air cargo world,air cargo 2019,air โฆ
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 โAir 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 reportโฆ
Global Air Cargo Market | Cathay Pacific Cargo, FedEx Express, UPS Airlines, DHL โฆ
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 โAir 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 theโฆ
