Drone Logistics and Transportation Market Share Analysis, Size, Share, Industry Cagr Of 21.01% From 2019 To 2030

0
0

Market Forecast

Global Drone Logistics and Transportation Market is projected to be valued at USD 35,170 Million by 2028, registering a CAGR of 21.01% from 2019 to 2028.

Rising investments in the drone delivery market have significantly contributed to the growth of the drone logistics and transportation market. High competition owing to the presence of a large number of players in this market is forcing service providers to offer enhanced services. Furthermore, increasing collaborations between prominent logistics companies in the field of drone logistics and transportation are also expected to drive the growth of the market. For example, in March 2019, United Parcel Service of America, Inc. and Matternet collaborated to deliver medical samples via drones in the US.

However, issues related to battery life and bandwidth and limited availability of trained and skilled personnel might hamper the growth of the market.

Market USP

The growing need to reduce shipping and operational costs is expected to increase the adoption of drone logistics and transportation services.

Growth Opportunities in the Market

Software segment to register the highest growth rate: The software segment is expected to exhibit the highest CAGR during the forecast period. The growing adoption of drone delivery software to ease operations is expected to drive the growth of the segment. Software solutions offered by companies such as FlytBase, Inc. provide real-time parcel tracking information, drone fleet management, and precise landing and delivery location.

Freight drones to remain a popular choice: The freight drones segment dominated the market in 2018 and is expected to register the highest CAGR during the forecast period. The growing adoption of freight drones for the speedy delivery of goods is expected to drive the growth of the segment.

Commercial segment expected to exhibit the higher CAGR: The commercial segment is expected to register the higher CAGR during the review period. Investments by e-commerce giants such as Amazon and Alibaba in drones for speedy delivery services and reduced operational costs are expected to drive the growth of the segment.

Key Players

FedEx (US)

United Parcel Service of America, Inc. (US)

DHL International GmbH (Germany)

Amazon (US)

PINC Solutions (US)

CANA Advisors (US)

Drone Delivery Canada (Canada)

DroneScan (South Africa)

Hardis Group (France)

Skysense, Inc. (US)

Other Prominent Players

Zipline (US)

Infinium Robotics (Singapore)

Matternet (US)

Workhorse (US)

SKYCART INC. (US)

Flirtey (US)

Flytrex (Israel)

AIRMAP, INC. (US)

Altitude Angel (UK)

EHANG (China)

Volocopter GmbH (Germany)

Uber Technologies Inc. (US)

Alibaba (China)

H3 Dynamics Holdings Pte. Ltd (Singapore)

Edronic (Spain)

Skyward (US)

Sensefly (Switzerland)

Unifly NV (Belgium)

FlytBase, Inc. (US)

Airbus SAS (Netherlands)

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/drone-logistics-transportation-market-8561

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.