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Drone Logistics and Transportation Market Applications, Technology, Types, Recent Trends, Future Growth Analysis, Industry Analysis and Forecasts 2028

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drone logistics and transportation market size is expected to reach USD 31.84 Billion at a revenue CAGR of 19.5% in 2028, according to latest analysis by Emergen Research. Robust global drone logistics and transportation market revenue growth can be attributed to steady growth of the e-Commerce sector and increasing emphasis by e-Commerce firms on use of drones to transform delivery services in a commercial setting. Many governmental policies that have initially hindered the use of drones for logistics and transportation purposes have been amended and are supporting e-Commerce players, along with various parcel delivery firms, including FedEx deploying drones for delivery of packages. The US Federal Aviation Administration (FAA) formerly has excluded the use of drones for delivery of commercial goods. Recently however, FAA modified its policies allowing use of drones for logistics purposes under a number of clauses.

Use of drones for transportation of customer purchases provides a substantially beneficial solution for heavy traffic congestion in urban areas and enables reaching sites where accessibility is tough/impossible with other transportation modes. Drones are also used in scanning of pallets within warehouses and distribution centers, allowing operations teams to inspect stored inventory and locate lost or misplaced merchandise in places that are hard-to-reach. In addition, drones are deployed for security surveillance of large logistics facilities, including warehouses.

The report takes a closer look at the historical and current market scenarios to accurately predict the global Drone Logistics and Transportation market outlook over the forecast duration (2021-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Drone Logistics and Transportation market.

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 Competitive Outlook:

The global Drone Logistics and Transportation market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Drone Logistics and Transportation market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

  • Zipline, CANA Advisors, Flirtey, Flytrex Aviation Limited, Hardis Group, Drone Delivery Canada, Workhorse Group PLC, Matternet, PINC Solutions, and Uber Technologies Inc.

 Emergen Research has segmented the global drone logistics and transportation market on the basis of type, application, operation mode, end-use, and region:

    Type Outlook (Revenue, USD Billion; 2018–2028)

  • Freight Drones
  • Ambulance Drones
  • Passenger Drones

    Application Outlook (Revenue, USD Billion; 2018–2028)

  • Shipping
  • Warehousing
  • Infrastructure Inspection
  • Security Surveillance
  • Others

    Operation Mode Outlook (Revenue, USD Billion; 2018–2028)

  • Remotely Operated
  • Semi-Autonomous
  • Autonomous

    End-Use Outlook (Revenue, USD Billion; 2018–2028)

  • Military
  • Commercial

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Market Drivers:

The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.

Valuable Market Insights:

  • The report highlights the latest trends observed in the consumption pattern of each regional segment.
  • Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
  • The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Drone Logistics and Transportation market.
  • The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

 Questions addressed in the report:

  • What is the estimated market growth rate throughout the forecast period?
  • Which end-use industry is expected to witness the highest demand for Drone Logistics and Transportation in the near future?
  • What is the regulatory framework governing the application of Drone Logistics and Transportation in the food industry?
  • Which manufacturing processes are utilized for the production of Drone Logistics and Transportation?

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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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