IMARC Group has recently released a new research study titled “Drone Logistics and Transportation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
How big is the drone logistics and transportation market?
The global drone logistics and transportation market size reached US$ 449.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 6,899.2 Million by 2028, exhibiting a growth rate (CAGR) of 56.95% during 2023-2028.
Market Outlook:
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| Drone Logistics and Transportation Market Report |
A drone is a flying device that can be controlled remotely or programmed to fly autonomously, making it highly versatile and adaptable for various applications. They are equipped with advanced technologies, such as antennas, receivers, accelerometers, altimeters, cameras, sensors, and batteries. These components can collect and transmit data for purposes such as surveying, mapping, and monitoring. In logistics and transportation, drones are being used for delivering goods and packages to consumers, bringing numerous advantages over traditional delivery methods.
Moreover, with the rising occurrence of natural disasters and climate changes, drone logistics and transportation has become crucial in areas prone to windstorms, tornadoes, hurricanes, landslides, flooding, and other severe weather conditions.
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What are the emerging trends in the global drone logistics and transportation market?
The global market for drone logistics and transportation is experiencing significant growth due to the increasing trend towards online shopping and the escalating need for efficient delivery of products. Additionally, the rising product application in the defense sector to combat cross-border terrorist activities, drug trafficking, and illegal trespassing is boosting the market growth. Moreover, the healthcare industry finds applications for drones in diagnosis and treatment, perioperative evaluation, and telemonitoring in remote areas, which is fueling the market growth.
Furthermore, the surging domestic trade is leading to a rise in transportation activities, thus creating a positive outlook for the market. In line with this, key market players are integrating advanced technologies, such as artificial intelligence (AI), machine learning (ML), cloud computing, blockchain technology, global positioning systems (GPS), and navigation systems with drones, which, in turn, is providing an impetus to the market growth.
- Cana LLC
- Dronamics
- Drone Delivery Canada
- Flytrex Aviation Ltd.
- Guangzhou EHang Intelligent Technology Co. Ltd.
- Hardis Group
- Matternet
- Volocopter Gmbh
- Wing Aviation (Alphabet Inc.)
- Zipline International Inc.
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Key Market Segmentation:
The report has segmented the market into the following categories:
Breakup by Platform:
- Freight Drones
- Passenger Drones
- Air Ambulance Drones
Breakup by Range:
- Close-Range (<50 Kilometers)
- Short-Range (50 to 150 Kilometers)
- Mid-Range (151 to 650 Kilometers)
- Long-Range (>650 Kilometers)
Breakup by Sector:
- Civil and Commercial
- Military
Breakup by Country:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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