Drone Logistics and Transportation Market by Type (Freight Drones, Passenger Drones and Ambulance Drones), by Application (Warehouse Facilities, Construction Site, Health Care), by Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast 2017 to 2024

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Drone Logistics and Transportation Market: Summary

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.

Drone Logistics and Transportation Market

 

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.

Drone Logistics and Transportation Market: Report Scope

The report on the drone logistics and transportation market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2017-2024

Base Year for Market Calculation

2018

Forecasted Period

2019-2024 (2019 estimated year, forecasted up to 2024)

Measured Units

Value (USD Million) Volume (Units)

Segments Included

Type, Application, and Region

Regional Coverage

Asia-Pacific, North America, Europe, Middle East & Africa, and South America

Key Companies Covered

  • PINC Solutions (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • CANA Advisors
  • Drone Delivery Canada
  • CO
  • HARDIS Groupe, SAS
  • Zipline
  • Workhorse Group Inc
  • com, Inc
  • Infinium Robotics
  • DHL International GmbH
  • Other Key Companies

Drone Logistics and Transportation Market: Report Segmentation

For the scope of the 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
  • Defense & 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

Key Questions answered by the report

  • What are the major developments impacting the global market and its growth?
  • What will be the effects of the developments in the global market on the industry and the market players in the near and far future?
  • What are the evolving types of the global market?
  • What are the evolving applications of the global market?
  • What are the major characteristics that will affect the global market growth during the study period?
  • Who are the key global players operating in the market?
  • How are the major players leveraging in the existing global market conditions?

Report Audience

  • Drone Logistics and Transportation Market Providers
  • Drone Logistics and Transportation Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Drone Logistics and Transportation Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE DRONE LOGISTICS AND TRANSPORTATION MARKET STUDY

1      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

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

 

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

 

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Research Design

Forencis Research follows robust and deep dive research methodologies to deliver accurate – current, estimated and forecasted market data. Our extensive primary and secondary research help in deriving reliable qualitative and quantitative data to provide verified market insights. Our research team tracks historic trends, existing and recent market dynamics, growth prospects, competitor landscape, and the entire value chain dynamics to attain reliable industry facts to reach accurate market estimates. Primary research is conducted through thorough interviews and detailed surveys with the Key Industry Experts and related participants across the value chain. Secondary research entails acquiring data through paid and reliable databases such as annual reports, SEC filings, research publications, association publications, investor presentations, white papers and other sources. All the above-obtained information is further processed and collated with our existing database prior to its presentation in our publications.

About Forencis Research

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Key Questions Answered by the Report

  • Major factors impacting the market and its growth
  • Evolving Types of the various products in the Market
  • Evolving Application of the various products in the Market
  • Growing countries in the Global Market
  • Effects of the developments in the market on the industry and on the market players
  • Key market developments undertaken by the leading players

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