Drone Logistics and Transportation Market by Solution (Warehousing, Shipping, Infrastructure, Software), Sector (Commercial, Military), Drone (Freight Drones, Passenger Drones, Ambulance Drones), and Region - Global Forecast to 2027
[113 Pages Report] The drone logistics and transportation market is estimated to be valued at USD 11.20 Billion in 2022 and is projected to reach USD 29.06 Billion by 2027, at a CAGR of 21.01% during the forecast period. The objective of this study is to define, describe, segment, and forecast the drone logistics and transportation market based on solution, sector, drone, and region. The report provides a detailed overview of the competitive landscape of the drone logistics and transportation market and profiles of companies based on their financial positions, product portfolios, and growth strategies adopted by them to sustain their position in the market. It also analyzes core competencies of key players and their market shares to anticipate the degree of competition prevailing in the drone logistics market. The report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product launches, and research & development activities. The forecast period considered for this study is from 2022 to 2027.
The research methodology used to estimate and forecast the size of the drone logistics and transportation market involved capturing data on revenues of key market players through secondary sources, such as the company websites, corporate filings, annual reports, investor presentations, and paid databases. The bottom-up procedure was employed to arrive at the overall size of the drone logistics and transportation market by estimating revenues of key market players. After arriving at the overall market size, the drone logistics and transportation market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the drone logistics and transportation market. Breakdown of profiles of primaries is showcased in the figure given below:
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Market Ecosystem
The drone logistics and transportation market has been segmented on the basis of solution, sector, drone, and region. PINC Solutions (US), CANA Advisors (US), Drone Delivery Canada (Canada), DroneScan (South Africa), Hardis Group (France), Infinium Robotics (Singapore), Matternet (US), and Workhorse Group (US) are key players operating in the drone logistics and transportation market. Contracts, new product launches, agreements, and acquisitions are major growth strategies adopted by the key players in the drone logistics and transportation market.
Target Audience:
- Manufacturers of UAVs
- Component Manufacturers of UAVs
- System Integrators
- Government and Certification Bodies
“This study answers several questions for stakeholders, primarily, which market segments they need to focus on during the next 2-5 years to prioritize their efforts and investments.”
Scope of the Report:
Drone Logistics and Transportation Market, By Solution
- Warehousing
- Shipping
- Infrastructure
- Software
Drone Logistics and Transportation Market, By Sector
- Military
- Commercial
Drone Logistics and Transportation Market, By Drone
- Freight Drones
- <10kg (Delivery Drones)
- >10kg Cargo Drones)
- Passenger Drones
- Ambulance Drones
Drone Logistics and Transportation Market, By Region
- North America
- Europe
- Asia Pacific
- Middle East
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for this report:
- Company Information
- Detailed analysis and profiles of additional market players (up to 5)
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.
By drone, the freight segment is expected to be the largest contributor in the drone logistics and transportation market during the forecast period.
The drone logistics and drone transportation market has been segmented on the basis of solution, sector, drone, and region. Based on drone, the market has been further segmented into freight drones, passenger drones, and ambulance drones. Freight drones are further segmented into <10kg (delivery drones) and >10kg (cargo drones). The <10kg (delivery drones) sub segment is expected to lead freight drones segment owing to the high demand for drones for first mile and last mile deliveries.
Commercial segment is expected to account for the largest market size during the forecast period.
Based on sector, the drone logistics and drone transportation market has been segmented into military and commercial. The commercial segment is expected to lead the drone logistics and drone transportation 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.
By solution, the shipping segment is expected to be the largest contributor in the drone logistics and transportation market during the forecast period.
Based on solution, the drone logistics and drone transportation market has been segmented into warehousing, shipping, infrastructure, and software. The shipping 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.
North America is expected to account for the largest market size during the forecast period.
Based on region, the drone logistics and drone transportation 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 Market Players
Some of the major companies operating in the drone logistics and drone transportation market include PINC Solutions (US), CANA Advisors (US), Drone Delivery Canada (Canada), DroneScan (South Africa), Hardis Group (France), Infinium Robotics (Singapore), Matternet (US), and Workhorse Group (US). The strategy of new product launch has been majorly adopted by the leading players in the drone logistics and drone transportation market from 2014 to 2018. Bandwidth issues and limited battery life of drones act as key challenges to the growth of the drone logistics and drone transportation market.
Recent Developments
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Key Questions Addressed by the Report
- What will be the revenue pockets for the drone logistics and transportation market in the next five years?
- Who are the leading manufacturers of drone logistics and transportation in the global market?
- What are the growth prospects of the drone logistics and transportation market?
- What are the major drivers impacting the drone logistics and transportation market?
- What are the latest technological trends in this market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 13)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Limitations
1.6 Market Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions
3 Executive Summary (Page No. - 25)
4 Premium Insights (Page No. - 29)
4.1 Attractive Growth Opportunities in the 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 (Page No. - 31)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand for Faster Delivery of Goods
5.2.1.2 Investments in the Drone Delivery Market
5.2.1.3 High Demand for Sophisticated Industry-Specific Analytical Solutions
5.2.2 Restraints
5.2.2.1 Bandwidth and Battery Life Concerns
5.2.3 Opportunities
5.2.3.1 Opportunities for Vendors at Different Levels of the Value Chain
5.2.3.2 Drone Delivery Service in Geographically Challenging Areas
5.2.3.3 Use of Drones for Cargo Delivery in Military Operations
5.2.4 Challenges
5.2.4.1 Delivery Authentication and Cybersecurity Concerns
5.2.4.2 Concerns Regarding Safety During Travel and Package Drop
5.2.4.3 Restrictions on the Commercial Use of Drones
5.2.4.4 Lack of Skilled & Trained Personnel
6 Industry Trends (Page No. - 36)
6.1 Introduction
6.2 Technology Trends
6.2.1 Blockchain
6.2.2 Artificial Intelligence
6.2.3 Sense-And-Avoid Systems
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 (Page No. - 45)
7.1 Introduction
7.2 Warehousing
7.3 Shipping
7.4 Infrastructure
7.4.1 Ground Control Station
7.4.2 Charging Stations
7.4.3 Vertiports/Landing Pads
7.5 Software
7.5.1 Route Planning
7.5.2 Inventory Management
7.5.3 Live Tracking
8 Drone Logistics and Transportation Market, By Sector (Page No. - 50)
8.1 Introduction
8.2 Commercial
8.3 Military
9 Drone Logistics and Transportation Market, By Drone (Page No. - 53)
9.1 Introduction
9.2 Freight Drones
9.2.1 <10kg (Delivery Drones)
9.2.2 >10kg (Cargo Drones)
9.3 Passenger Drones
9.4 Ambulance Drones
10 Regional Analysis (Page No. - 56)
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Pestle Analysis
10.2.2 Canada
10.2.2.1 Pestle Analysis
10.3 Europe
10.3.1 Germany
10.3.1.1 Pestle Analysis
10.3.2 France
10.3.2.1 Pestle Analysis
10.3.3 Switzerland
10.3.3.1 Pestle Analysis
10.3.4 UK
10.3.4.1 Pestle Analysis
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Pestle Analysis
10.4.2 Japan
10.4.2.1 Pestle Analysis
10.4.3 India
10.4.3.1 Pestle Analysis
10.4.4 Australia
10.4.4.1 Pestle Analysis
10.4.5 Singapore
10.4.5.1 Pestle Analysis
10.5 Middle East
10.5.1 UAE
10.5.1.1 Pestle Analysis
10.5.2 Israel
10.5.2.1 Pestle Analysis
11 Competitive Landscape (Page No. - 79)
11.1 Introduction
11.2 Competitive Analysis
11.2.1 Contracts
11.2.2 New Product Launches
11.2.3 Agreements, Acquisitions, Collaborations, Partnerships, and Joint Ventures
11.2.4 Expansions
12 Company Profiles (Page No. - 84)
12.1 Pinc Solutions
12.1.1 Business Overview
12.1.2 Solutions Offered
12.2 Cana Advisors
12.2.1 Business Overview
12.2.2 Services Offered
12.3 Drone Delivery Canada
12.3.1 Business Overview
12.3.2 Services Offered
12.3.3 Recent Developments
12.4 Dronescan
12.4.1 Business Overview
12.4.2 Products Offered
12.5 Hardis Group
12.5.1 Business Overview
12.5.2 Solutions Offered
12.5.3 Recent Developments
12.6 Infinium Robotics
12.6.1 Business Overview
12.6.2 Products & Services Offered
12.6.3 Recent Developments
12.7 Matternet
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Recent Developments
12.7.4 MnM View
12.8 Workhorse Group
12.8.1 Business Overview
12.8.2 Products & Services Offered
12.8.3 Recent Developments
12.8.4 SWOT Analysis
12.8.5 MnM View
12.9 Skycart
12.9.1 Business Overview
12.9.2 Services Offered
12.9.3 Recent Developments
12.10 Skysense
12.10.1 Business Overview
12.10.2 Products & Services Offered
12.10.3 Recent Developments
12.10.4 MnM View
12.11 Zipline
12.11.1 Business Overview
12.11.2 Services Offered
12.11.3 Recent Developments
12.12 Flirtey
12.12.1 Business Overview
12.12.2 Services Offered
12.12.3 Recent Developments
12.13 Flytrex
12.13.1 Business Overview
12.13.2 Services Offered
12.13.3 Recent Developments
12.14 Altitude Angel
12.14.1 Business Overview
12.14.2 Products Offered
12.14.3 Recent Developments
12.14.4 MnM View
12.15 Airmap
12.15.1 Business Overview
12.15.2 Products Offered
12.15.3 Recent Developments
12.15.4 MnM View
12.16 Other Prominent Companies
12.16.1 H3 Dynamics
12.16.2 Edronic
12.16.3 Cheetah Logistics Technology
12.16.4 Multirotor
12.16.5 Skyward Io
12.16.6 Unifly
12.16.7 Sensefly
12.16.8 Volocopter GmbH
12.16.9 Ehang
12.16.10 Uber
13 Appendix (Page No. - 106)
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Introducing RT: Real-Time Market Intelligence
13.4 Available Customization
13.5 Related Reports
13.6 Author Details
List of Tables (20 Tables)
Table 1 Venture Capital Funding in Startups
Table 2 Restrictions on the Use of Drones in Countries
Table 3 Rules and Guidelines By the Federal Aviation Administration for Operation of Uavs in the Us
Table 4 Rules and Guidelines By Civil Aviation Authority for Operation of Uavs in the Uk
Table 5 Rules and Guidelines for Operation of Uavs in Other Countries
Table 6 Uav Regulations, By Country
Table 7 Patents Related to Drones Granted Between 2015 and 2017
Table 8 Drone Logistics and Transportation Market Size, By Solution, 2022-2027 (USD Billion)
Table 9 Drone Logistics and Transportation Market Size, By Sector, 2022-2027 (USD Billion)
Table 10 Freight Drones Segment, By Cargo Weight, 2022-2027 (USD Billion)
Table 11 Major Developments in the Field of Drone Taxis
Table 12 Drone Logistics and Transportation Market Size, By Region, 2022-2027 (USD Billion)
Table 13 North America Drone Logistics and Transportation Market Size, By Country, 2022-2027 (USD Billion)
Table 14 Europe Drone Logistics and Transportation Market Size, By Country, 2022-2027 (USD Billion)
Table 15 Asia Pacific Drone Logistics and Transportation Market Size, By Country, 2022-2027 (USD Billion)
Table 16 Middle East Drone Logistics and Transportation Market Size, By Country, 2022-2027 (USD Billion)
Table 17 Contracts, November 2017
Table 18 New Product Launches, November 2014-March 2018
Table 19 Agreements, Acquisitions, Collaborations, Partnerships, and Joint Ventures, October 2014-March 2018
Table 20 Expansions, October 2016-November 2017
List of Figures (28 Figures)
Figure 1 Drone Logistics and Transportation Market Segmentation
Figure 2 Research Process Flow
Figure 3 Drone Logistics and Transportation Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 Based on Solution, Shipping Segment Estimated to Lead the Drone Logistics and Transportation Market in 2022
Figure 9 Based on Sector, Commercial Segment Estimated to Lead the Drone Logistics and Transportation Market in 2022
Figure 10 <10kg (Delivery Drones) Subsegment Estimated to Lead the Freight Drones Segment of the Market in 2022
Figure 11 Asia Pacific Estimated to Account for the Largest Share of the Drone Logistics and Transportation Market in 2022
Figure 12 Increasing Use of Drones for Last Mile Delivery Expected to Drive Growth of the Drone Logistics and Transportation Market From 2022 to 2027
Figure 13 Shipping Segment Projected to Grow at the Highest CAGR From 2022 to 2027
Figure 14 China Estimated to Account for the Largest Share of the Drone Logistics and Transportation Market in 2022
Figure 15 Market Dynamics of the Drone Logistics and Transportation Market
Figure 16 Critical Components of Drone Logistics and Transportation
Figure 17 Key Technology Enablers for Drone Logistics
Figure 18 Companies Working Toward the Development of Drones Incorporating Artificial Intelligence
Figure 19 Shipping Segment Projected to Lead the Drone Logistics and Transportation Market From 2022 to 2027
Figure 20 Commercial Segment Projected to Lead the Drone Logistics and Transportation Market From 2022 to 2027
Figure 21 North America Drone Logistics and Transportation Market Projected to Grow at the Highest CAGR From 2022 to 2027
Figure 22 North America Drone Logistics and Transportation Market Snapshot
Figure 23 Europe Drone Logistics and Transportation Market Snapshot
Figure 24 Asia Pacific Drone Logistics and Transportation Market Snapshot
Figure 25 Middle East Drone Logistics and Transportation Market Snapshot
Figure 26 Companies Adopted New Product Launches as A Key Growth Strategy Between October 2014 and March 2018
Figure 27 Leading Companies Operating in the Drone Logistics and Transportation Market Across Various Regions
Figure 28 Workhorse Group: Company Snapshot
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