The Global Drone Logistics and Transportation Market are estimated to reach USD 29.3 Billion by 2024 at a CAGR of 19.7 %, says forencis research (FSR). A drone is an unmanned aircraft operated remotely by a human operator or autonomously based on preprogrammed plans. For modern logistics, drones can bring change in the supply chain and deliver products in a matter of hours. In transport and logistics, drones are helpful as they reduce human workload, CO2 emissions, and can provide access in the difficult to reach areas. Drones are one of the fastest ways for postal delivery as it uses air medium and avoids surface congestion and are more convenient as it minimizes labor cost. Due to these advantages, it is used for transporting medicines, food packages, parcels, and also capable of making an inventory in the logistics warehouse.

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Drone Logistics and Transportation Market: Drivers & Restraints

Market Drivers:

  • Rise in Demand for Faster Deliveries

The demand for faster deliveries across the globe is rising. With this higher demand, it is difficult to reach remote areas with traditional methods of logistics and urban areas are most of the time congested. Drones possess the ability to resolve this issue as it uses air route which is not congested and it can deliver the products at a faster pace, which is driving the growth of drone logistics and transportation market.

  • Rise in Adoption of Drones to Boost Transportation in Challenging Areas

Drones have become a lifesaving technology that helps in supplying various products such as medicines, food packages, parcel to remote areas without using the road. Instead of roadways, it uses air route as a medium which avoids traffic congestion, which is an advantage for transporting goods in the hard to access areas. The use of a drone for transporting lifesaving products in challenging and critical to access areas is anticipated to push the market growth. For instance, in 2018, DHL launched the world’s 1st drone delivery service to deliver life-saving medicine to a rural island in Tanzania.

Market Restraints:

  • Issue with Battery life

The drone is being adopted at a faster pace owing to its advantages. However, the short battery life of drones which can easily drain within a few minutes’ acts as a roadblock for the growth of this market. Due to this, there exist a high possibility that the drones can run their battery while delivering the product. This situation would give rise to customer complaints and hamper the market growth. To drag this further, Amazon, an online retailer committed to delivering the product through drones in less than 30 minutes owing to the short battery life of drones.

 

Drone Logistics and Transportation Market: Key Segments

  • Key Segments by Type: Freight Drones, Passenger Drones and Ambulance Drones
  • Key Segments by Application: Warehouse Facilities, Construction Site, Health Care, Postal Deliveries, Defense & Military, Disaster Recovery, and
  • Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.
  •  

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Drone Logistics and Transportation: Report Segmentation

For the scope of report, In-depth segmentation is offered by Forencis Research

Drone Logistics and Transportation Market, by Type

  • Freight Drones
  • Passenger Drones
  • Ambulance Drones

Drone Logistics and Transportation Market, by Application

  • Warehouse Facilities
  • Construction Site
  • Health Care
  • Postal Deliveries
  • Defence & Military
  • Others

Drone Logistics and Transportation Market, by Region

  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

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Table of Content:

 INTRODUCTION

1.1       Research Objectives

1.2       Market Definition

1.3       Research Scope

1.4       Regional Coverage

1.5       Research Timeline

1.6       Assumptions

1.7       Limitations

2      RESEARCH DESIGN & SCOPE

2.1       Introduction

2.2       Primary Research

                                  2.2.1    Key Industry Expert Insight

2.3       Secondary Research

                                  2.3.1    Vital Data from Secondary Sources

2.4       Market Size Estimation

2.5       Data Validation & Triangulation

3      EXECUTIVE SUMMARY

4      MARKET DYNAMICS

4.1       Introduction

4.2       Drivers

                                 4.2.1.    Rise in Demand for Faster Deliveries

                                 4.2.2.    Rise in Adoption of Drones to Boost Transportation in Challenging Areas

4.3       Restraints

                                  4.3.1    Issue with Battery Life

4.4       Opportunities

                                  4.4.1    Rising Demand of Drones for Cargo Transportation in the Military Sector

4.5       Challenges

                                  4.5.1    Regulations Posed for Commercial Use of Drones

                                  4.5.2    Safety Issues During Transportation 

                                  4.5.3    Privacy and Security Issues

5      INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS

5.1       Introduction

                                 5.1.1.    Power of Buyers

                                 5.1.2.    Power of Suppliers

                                 5.1.3.    Intensity of Competition

                                 5.1.4.    Challenges of Substitutes

                                 5.1.5.    Challenges of New Entrants

5.2       Macro-Economic Indicators

6      DRONE LOGISTICS AND TRANSPORTATION MARKET BY TYPE, Market Size in USD Million and Units (2017—2024)

6.1       Introduction

6.2       Freight Drones

6.3       Passenger Drones

6.4       Ambulance Drones

7      DRONE LOGISTICS AND TRANSPORTATION MARKET BY APPLICATION, Market Size in USD Million and Units (2017—2024)

7.1       Introduction

7.2       Warehouse Facilities

7.3       Construction Site

7.4       Health Care

7.5       Postal Deliveries

7.6       Defense & Military

7.7       Disaster Recovery

7.8       Others

8      DRONE LOGISTICS AND TRANSPORTATION MARKET BY REGION, Market Size in USD Million and Units (2017—2024)

8.1       North America

                                  8.1.1    US

                                  8.1.2    Canada

                                  8.1.3    Mexico

8.2       Europe

                                  8.2.1    Germany

                                  8.2.2    UK

                                  8.2.3    France

                                  8.2.4    Italy

                                  8.2.5    Spain

                                  8.2.6    Rest of Europe

8.3       Asia-Pacific

                                  8.3.1    China

                                  8.3.2    India

                                  8.3.3    Japan

                                  8.3.4    South Korea

                                  8.3.5    Australia

                                  8.3.6    Rest of Asia-Pacific

8.4       Middle East & Africa

                                  8.4.1    Saudi Arabia

                                  8.4.2    UAE

                                  8.4.3    Rest of Middle East & Africa

8.5       South America

                                  8.5.1    Brazil

                                  8.5.2    Argentina

                                  8.5.3    South Africa

                                  8.5.4    Rest of South America  

9      COMPETITIVE LANDSCAPE

9.1       Introduction

9.2       Market Ranking/Share Analysis of Key Companies

9.3       Company Benchmarking

10   COMPANY PROFILES

10.1     PINC Solutions

                                10.1.1    Company Overview

                                10.1.2    Financial Overview

                                10.1.3    Products/Solutions/Services Offered

                                10.1.4    Key Developments

                                10.1.5    SWOT Analysis

10.2     CANA Advisors

10.3     Drone Delivery Canada

10.4     DRONESCAN.CO

10.5     HARDIS Groupe, SAS

10.6     Zipline

10.7     Workhorse Group Inc.

10.8     Amazon.com, Inc.

10.9     Infinium Robotics

10.10  DHL International GmbH

10.11  Others

11   APPENDIX

11.1     Key Industry Expert Insights

11.2     Primary Discussion Guide

11.3     Customization Options

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