Drone Logistics and Transportation Market Share, Trends, Analysis and Forecasts, 2020 – 2030

Increasing investment in product innovation, expansion of e-commerce industry, proliferation of Internet of Things (IoT), and expanding applications of drones in fright movement are the key forces positively influencing the growth of the global drone logistics and transportation market. Drones are increasing used across wide industrial applications. Primarily developed to be used for military applications, the drones have made a long way into the commercial applications. Used extensively for freight movement across the globe, drones are gaining popularity in passenger movement with increased product innovation. The drone logistics and transportation market is highly competitive with increasing number of drone service providers. Additionally, drone manufacturers are focusing on incorporating advanced technologies such as AI, blockchain and wireless charging to improve the performance of the drones. This is anticipated to drive the growth of the global drone logistics and transportation market in coming years. The demand for drones in transportation and logistics across commercial and military applications has witnessed prominent growth during past couple of years. Proliferation of IoT and expansion of e-commerce industry has significantly contributed towards the growth of the global drone logistics and transportation market. Drones are being increasingly used for delivery of goods and warehousing of products in e-commerce warehouses. Moderate initial investment and expanding applications base has accelerated the entry of new manufacturers into the market. However, enforcement of stringent regulatory framework across the globe is expected to limit the entry of new players to the global market. The manufacturers are focusing on improving the battery life of drones and integration of wireless charging for adding up the flight time and seamless charging are expected to be the key factors contributing towards the growth of the global drone logistics market during the forecast period.

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North America contributed the largest share to the global drone logistics and transportation market in 2019 owing to presence of leading drone logistics and transportation service providers across the United States and Canada. Rapidly expanding connected infrastructure and increased investment in development of advanced drones is expected to contribute towards the growth of the North America drone logistics and transportation market during the forecast period. Asia Pacific is anticipated to be most lucrative market in terms of drone logistics and transportation service adoption and development of advanced indigenous drones across the major countries. Rising demand for improved last mile delivery solutions fueled by rapidly expanding e-commerce industry is estimated to drive the growth of the Asia Pacific drone logistics and transportation market.

The global drone logistics and transportation market is segmented on the basis of drone type, solutions, end use, and geography. Based on drone type, the global drone logistics and transportation market is segmented into freight drones, passenger drones, and ambulance drones. Based on solutions, the global drone logistics and transportation market is segmented into infrastructure, shipping, warehousing, and software. Based end use, the global drone logistics and transportation market is segmented into commercial and military. Based on geography, the global drone logistics and transportation market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on drone logistics and transportation. Further, market share of prominent companies in the global drone logistics and transportation market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focus of all the drone logistics and transportation companies.