BANGALORE, India, March 9, 2021 /PRNewswire/ -- The Drone Logistics
and Transportation Market is Segmented Type(Warehousing, Shipping,
Others), Application(Civil and Commercial, Military) : Global
Opportunity Analysis and Industry Forecast, 2021-2026. This
report is published on Valuates Reports in the Transportation &
Logistics Category.
The global Drone Logistics and Transportation market size is
projected to reach USD 10,990 Million
by 2026, from USD 5,308.5 Million in
2019, at a CAGR of 10.8% during the forecast period 2021-2026.
Major factors driving the growth of the drone logistics and
transportation market are, increasing use of unmanned aerial
vehicles (UAVs) in commercial applications for faster delivery, the
growing e-commerce market, eased regulations for the usage of
drones for commercial purposes.
The report offers a comprehensive analysis and accurate
statistics on revenue by the player for 2016-2021. It also offers
detailed analysis supported by reliable statistics on price and
revenue (global level) by players for 2016-2021.
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TRENDS INFLUENCING THE DRONE LOGISTICS AND TRANSPORTATION
MARKET SIZE
One of the major factors expected to drive the drone logistics
market size is its cost-effective nature. The utilization of drones
for last mile delivery automation could present significant cost
savings. These cost savings are the result of avoiding
traffic. Drones can cover longer distances in a shorter time frame,
thereby saving fuel, cutting costs per mile, and reducing their
carbon footprint.
Increased drone use for several commercial and military
applications is expected to drive the growth of drone logistics and
transportation market size. Drones are used in commercial and
military applications for inventory tracking, delivery of food,
delivery of medical supplies, border surveillance, delivery of
parcels, and so on.
The emergence of e-commerce has contributed substantially to the
growth of the Drone Logistics and Transportation market size. As
there is a growing demand for the speedy delivery of
goods, drones are being increasingly used in e-commerce
warehouses for the delivery of goods and warehousing of
products.
During the forecast period, increasing investment in the
development of passenger drones or virtual take-off and landing
vehicles is expected to contribute to the drone logistics and
transport market's growth.
The evolving customer expectation towards same-day delivery is
expected to fuel the done drone logistics and transport market
size.
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DRONE LOGISTICS AND TRANSPORTATION MARKET SHARE
ANALYSIS
Based on the solution, the shipping segment is expected to be
the largest contributor in the market during the forecast
period.
The shipping segment's dominance is due to increasing investment
in the R&D of drones for package delivery.
Based on the Application, the Commercial segment is expected
to account for the largest market size during the forecast
period.
The large market share of this segment is due to the increase in
the number of deliveries in the logistics industry, especially in
the e-commerce industry.
The Asia-Pacific region is
anticipated to experience the highest growth in the coming
years.
This rapid growth is attributed to the investments by the
Chinese and Indian companies into drone delivery technology.
The North American region is expected to hold the largest
drone delivery & transportation market share over the forecast
period.
The use of drones for transport has been growing in North America, with the United States and Canada taking steps to implement drones in the
commercial and military sectors.
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TOP COMPANIES IN THE DRONE LOGISTICS AND TRANSPORTATION
MARKET
In order to achieve a competitive advantage in the industry,
drone manufacturers are continually interested in product
developments, thus intensifying competition in the market. The
entry of new manufacturers into the market has been accelerated by
moderate initial investment requirements and an expanding
application base.
Some of the top companies in the drone logistics and
transportation market are,
- Deutsche Post DHL Group
- Drone Delivery Canada
- Matternet
- United Parcel
- PINC Solutions
- DroneScan
- Infinium Robotics
- Skycart
- Skysense
- Zipline International
- Flirtey
- Flytrex
- Altitude Angel
- AirMap
- Uber.
Market segment by Type, the product can be split into
- Warehousing
- Shipping
- Others.
Market segment by Application, split into
- Civil and Commercial
- Military.
Market segment by Regions/Countries, this report
covers
- North America
- Europe
- China
- Japan
- Southeast Asia
- India
- Central & South
America.
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SIMILAR REPORTS :
- The global Same Day Delivery Market size is projected to
reach USD 132380 Million by 2026,
from USD 7546.6 million in 2019, at a
CAGR of 50.0% during the forecast period 2021-2026.
- The global Last Mile Delivery market size is projected
to reach USD 66000 Million by 2026,
from USD 39570 Million in 2020, at a
CAGR of 8.9% during the forecast period 2021-2026.
- The Autonomous last-mile delivery market size is
expected to be valued at USD 11.90
Billion in 2021 and is projected to reach USD 84.72 Billion by 2030, registering a CAGR of
24.4% during the forecast period.
- The global Last Mile Delivery for E-commerce
market size is projected to reach USD
7046.1 million by 2026, from USD
4043.1 million in 2020, at a CAGR of 9.7% during
2021-2026.
- Last Mile Delivery Transportation
Market Size, Share, Trends, Growth, Industry Analysis,
Forecast 2020 to 2026. The Report contains segmentation by Type (
Business-to-Business (B2B), Business-to-Consumer (B2C),
Customer-to-Customer (C2C)), By Application (Motorcycle, Commercial
Vehicles, Drones) and Regional Opportunity Analysis and Industry
Forecast.
- Commercial Drone market size is projected to reach
USD 34500 Million by 2026, from
USD 6510.8 Million in 2020, at a CAGR
of 32.0% during 2021-2026.
- Drone Software market size is projected to reach
USD 7868.4 Million by 2026, from
USD 1095.7 Million in 2020, at a CAGR
of 38.9% during 2021-2026. Drone Software is mainly used for three
applications: Construction, Agriculture, Mining, and Others. And
Construction was the most widely used area which took up about
37.76% of the global total in 2017.
- Drone Services market size is projected to reach
USD 5453.2 Million by 2026, from
USD 3696 Million in 2020
- Unmanned Aerial Vehicle (UAV) market size is
projected to reach USD 24700 Million
by 2026, from USD 10160 Million in
2019, at a CAGR of 13.3% during 2021-2026.
The high growth of the global unmanned aerial vehicle market is
on the back of rising demand for UAVs for commercial applications
and increasing defense resources of developing economies.
- Anti-Drone Market size is expected to grow from
USD 512.24 Million in 2018 to
USD 2.315 Billion by the end of 2025
at a Compound Annual Growth Rate (CAGR) of 24.04%.
- Small Drones market size is projected to reach
USD 12090 Million by 2026, from
USD 8042.1 Million in 2020, at a CAGR
of 7.0% during 2021-2026.
- Drone Payload market size is projected to reach
USD 8469.9 Million by 2026, from
USD 4991.3 Million in 2020, at a CAGR
of 9.2% during 2021-2026.
- In 2019, Military Drone market size was
USD 9615.8 Million and it is expected
to reach USD 15120 Million by the end
of 2026, with a CAGR of 6.6% during 2021-2026.
- In 2019, the global VTOL UAV market size was
USD 1700.1 Million and it is expected
to reach USD 3068 Million by the end
of 2026, with a CAGR of 8.7% during 2021-2026.
- Tele-operated Marine Drone
Market Size, Share, Trends, Growth, Industry Analysis,
Forecast 2020 to 2026. The Report contains segmentation by Type (
Monohull, Catamaran), By Application (Marine Patrolling,
Hydrographic Survey, Oceanographic Survey, Environmental
Measurement, Healthcare, Defense, Entertainment and Media, Other
Applications) and Regional Opportunity Analysis and Industry
Forecast.
- Drone Package Delivery Market Size, Share, Trends,
Growth, Industry Analysis, Forecast 2020 to 2026. The Report
contains segmentation by Type ( Software, Hardware, Service), By
Application (Supermarket, Pharmacy, Store, Other) and Regional
Opportunity Analysis and Industry Forecast.
- Drone Flight Simulators Market Size, Share, Trends,
Growth, Industry Analysis, Forecast 2020 to 2026. The Report
contains segmentation by Type ( VR Drone Flight Simulator, AR Drone
Flight Simulator), By Application (Civilian, Military) and Regional
Opportunity Analysis and Industry Forecast.
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