The drone logistics and transportation market is estimated to be USD 11.20 Billion in 2022 and is projected to reach USD 29.06 Billion by 2027, at a CAGR of 21.01% from 2022 to 2027.
Increasing demand for faster delivery in the logistics industry is expected to fuel the growth of the drone logistics and drone transportation market. Military forces are also exploiting the use of drones to resupply soldiers with equipment, spares, food, and ammunition in the battlefield.
The drone logistics market has been segmented on the basis of solution type, industry, cargo weight, and region. Based on cargo weight, the market has been further segmented into <10kg (delivery drones) and >10kg (cargo drones). The <10kg (delivery drones) segment is expected to lead the drone logistics market owing to the high demand for drones for first mile and last mile deliveries.
Based on industry, the drone logistics market has been segmented into military and commercial. The commercial segment is expected to lead the drone logistics market during the forecast period. This segment's large market share is attributed to the large number of deliveries in the logistics industry, especially in the e-commerce sector.
Based on solution type, the drone logistics market has been segmented into warehousing & distribution, shipping solution, traffic management, infrastructure, and software. The shipping solution segment is expected to grow at the highest CAGR during the forecast period, owing to increasing investment in the R&D of drones for package delivery.
Based on region, the drone logistics market has been segmented into North America, Europe, Asia Pacific, and the Middle East. The market in North America is expected to witness the highest CAGR during the forecast period owing to the increasing adoption of drones for package delivery by companies such as Amazon, DHL, and UPS.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights 4.1 Attractive Growth Opportunities in Drone Logistics and Transportation Market 4.2 Drone Logistics and Transportation Market, By Solution 4.3 Drone Logistics and Transportation Market, By Country
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 188.8.131.52 Demand for Faster Delivery of Goods 184.108.40.206 Investments in the Drone Delivery Market 220.127.116.11 Rising Demand for Sophisticated Industry-Specific Analytical Solutions 5.2.2 Restraints 18.104.22.168 Bandwidth and Battery Life Concerns 5.2.3 Opportunities 22.214.171.124 Opportunities for Vendors at Different Levels of the Value Chain 126.96.36.199 Drone Delivery Service in Geographically Challenging Areas 188.8.131.52 Use of Drones for Cargo Delivery in Military Operations 5.2.4 Challenges 184.108.40.206 Delivery Authentication and Cybersecurity Concerns 220.127.116.11 Concerns Regarding Safety During Travel and Package Drop 18.104.22.168 Restrictions on the Commercial Use of Drones 22.214.171.124 Lack of Skilled & Trained Personnel
6 Industry Trends 6.1 Introduction 6.2 Technology Trends 6.2.1 Block Chain 6.2.2 Artificial Intelligence 6.2.3 Sense and Avoid System 6.2.4 Cloud Computing 6.2.5 Wireless Charging 6.2.6 Automated Ground Control Stations 6.2.7 Internet of Things (IoT) 6.3 Country-Wise Drone Regulations 6.4 Patent Analysis
7 Drone Logistics and Transportation Market, By Solution 7.1 Introduction 7.2 Warehousing 7.3 Shipping 7.5 Infrastructure 7.5.1 Uav Control Stations 7.5.2 Charging Stations 7.5.3 Vertiports/Landing Pads 7.6 Software 7.6.1 Route Planning 7.6.2 Inventory Management 7.6.3 Live Tracking
8 Drone Logistics and Transportation Market, By Sector 8.1 Introduction 8.2 Commercial 8.3 Military
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