Drone Logistics and Transportation Market

Market Leader - Drone Logistics and Transportation Market

Drone logistics and transportation solutions refer to the software, services, and infrastructure that are required to make drone delivery and transportation possible. 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. The growing demand for faster delivery of goods (such as parcels, food, and medical supplies) and increasing investments in the commercialization of drones for delivery services are expected to fuel the drone logistics and transportation market.

PINC Solutions (US), CANA Advisors (US), Drone Delivery Canada (Canada), DroneScan (South Africa), Hardis Group (France), Infinium Robotics (Singapore), Matternet (US), and Workhouse Group (US) are some of the players operating in the drone logistics and transportation market. These market players are majorly focused on new product launches to enhance their product portfolios and widen their customer base. The leading market players also concentrate on increasing investments in R&D activities in the drone logistics and transportation market.

Matternet is a key player in the drone logistics and transportation market. The company offers complete solutions for automated logistics applications that include drones, stations, and cloud software. The company provides its solutions to the healthcare, e-commerce, and logistics industries. In September 2017, Matternet launched the Matternet Station, an automated ground control station for the drone industry, thus creating an opportunity for the company in the drone logistics and transportation market. The company focuses on partnerships with OEMs to increase its foothold in the drone logistics and transportation market. For instance, in September 2016, the company entered into a partnership agreement with Mercedes Benz to create an integrated delivery solution for the logistics industry.

Workhorse Group manufactures battery-powered vehicles and drones for the logistics industry. The company also provides cloud-based, real-time telematics performance monitoring systems that help in optimizing the route and energy efficiency of vehicles. The company has launched various products for the drone logistics and transportation market, including SureFly and HorseFly in June 2017. These products are expected to make the delivery of goods more efficient and cost-effective, taking a significantly lesser time as compared to the traditional modes of delivery. Workhorse Group has strategic partnerships with BMW and Panasonic, which help the company in terms of technological support in its battery pack business.

Related Reports:

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

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Report Code
AS 6304
Published ON
May, 2018
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