| Status : Published | Published On : Jul, 2024 | Report Code : VRAT9633 | Industry : Automotive & Transportation | Available Format :
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Page : 199 |
Global Drones Logistics Market - Analysis and Forecast (2025-2030)
Industry Insights By Solution (Infrastructure, Warehousing, Shipping and Software), By Application (Retail and Logistics, Food and Medical Supplies), By End-Use (Commercial and Military) and By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East And Africa)
Industry Overview
The Drones Logistics Market is anticipated to grow from USD 0.8 billion in 2023 to USD 15.78 billion in 2030 at a CAGR of 52.6% during the forecast period from 2025 to 2030.
Logistics is the backbone of every economy, but the pandemic outbreak has disrupted the supply chains globally. Last mile delivery process of supply chain operation has been affected, owing to which retailers are struggling to meet the growing customer demands for expedited deliveries. Therefore, several logistics stakeholders are exploring drone technology to reduce operational costs, overcome traffic bottlenecks and quell vehicular emissions while satisfying the customer appetite for on-demand and instant delivery. The drones are used in diverse sectors such as distribution facilities, warehousing, manufacturing and many others. A large number of companies across the globe have started using drones to manage their supply chain management systems. Drones are ideal for last-mile deliveries, owing to their compact size, quick speed, low operational costs and reduced environmental impact. Therefore, e-commerce giants such as Amazon and Walmart are trying to penetrate the rural and remote areas with drone deliveries.The global logistics and e-commerce market has experienced growth in the recent years. The growth in e-commerce and logistics industries drives demand for time-efficient delivery solutions for transportation of critical goods across the globe. The smart drone delivery solution will offer a less energy-consuming, efficient, and cost-effective autonomous delivery service. The major e-commerce and logistics giants, namely, Amazon and DHL have launched drone delivery systems to make quick deliveries and transport packages to places inaccessible by conventional transport systems.
Market Segmentation
Insight by Solution
On the basis of solution, the global Drones Logistics Market is divided into infrastructure, warehousing, shipping and software. In the warehousing industry the drones are widely used to monitor the stocks and even they help in the movement of small items and this helps in saving time and is energy efficient.
Insight by Application
The global Drones Logistics Market is classified into Retail and Logistics, Food and Medical Supplies. Retail and Logistics segment shall dominate the market as drone delivery is a disruptive technology with great applications in the future for the retail industry. For online retailers, the drone delivery method is highly convenient and cost effective for last-mile delivery.
Insight by End-User
The Drones Logistics Market is classified into Commercial and Militaryf end-user on the basis o. The commercial sector is expected to dominate the market during the forecast period with the highest CAGR due to the increase in demand of the drones in the logistics and transportation sector. This factor shall drive the growth of the Drone logistics and transportation Market. Moreover, in the military sector with the advancement of technologies, the demand for combat drones is continuously flourishing.
Global Drones Logistics Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 0.8 Billion |
|
Revenue Forecast in 2030 |
U.S.D. 15.78 Billion |
|
Growth Rate |
52.6% |
|
Segments Covered in the Report |
By Solution, By Application, By End-Use |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Latin America, Middle East And Africa |
Industry Dynamics
Growth Drivers
Growth of the drone logistics industry has been propelled, by to rise in the demand for time-efficient delivery service and rise in demand for drones in last-mile delivery. Overhauling the government regulatory framework is the factor expected to offer growth opportunities during the forecast period.
Aviation administrations around the world is approving commercial delivery companies to operate drones to provide the delivery service. For example, the Alphabet-owned startup, Wing, for making commercial deliveries through drones in the U.S. was approved by the Federal Aviation Administration in 2019. The approval facilitated Wing to make drone-based deliveries in Virginia. Also, the advantages like safe and efficient operations associated with drone delivery solutions promote the adoption of drones for providing delivery and investment by commercial and logistics organizations across the globe. The factor that propels the growth of drone delivery during the forecast period are the rising adoption of drone delivery systems to enhance the efficiency and increase the cost-effectiveness of the delivery systems.
Restraints
Limitations of global drones logistics market are limited infrastructure, security concerns, regulatory hurdles and public acceptance. These factors can impact the widespread adoption of drone logistics. Also, cyber-security issues associated with drones and short flying duration are the factors that hamper the drone logistics market.
Geographic Overview
- North America
- Europe
- Asia Pacific (APAC)
- Latin America
- Middle East and Africa
Asia Pacific shall dominate the Drones Logistics Market as there is increase in the demand for swift and efficient delivery services which is pushing the companies to explore innovative solutions like drone logistics in the region.
Competitive Insights
The key players in this market are utilizing various strategies to maintain their market position and achieve growth. To gain a fair share of the market, major players adopted different strategies such as partnership, product launch, and product development. The companies launched cutting-edge drone logistics products to grab a fair share of the market.
Deutsche Post is a division of the DHL Group used for its domestic mail services in Germany. The services offered under the brand are those of a traditional mail service, making the brand the successor of the former state-owned mail monopoly, Deutsche Bundespost.
Amazon.com, Inc., doing business as Amazon, is an American multinational technology company, engaged in e-commerce, digital streaming, cloud computing, online advertising and artificial intelligence.
Key Players Covered in the Report
Some of the key players in the drone logistics market are Deutsche Post DHL Group, Amazon.com Inc., DroneScan, FedEx, Flytrex Inc., Wing Aviation LLC, Workhorse Group, Hardis Group, Drone Delivery Canada, Infinium Robotics, Matternet, Pinc Solutions, United Parcel Service of America, Inc., Wingcopter, and Zipline International Inc.
Recent developments by Key Players
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. companycollaborated with Workday Inc. which is a leading provider of solutions to help organizations manage their people and money. AWS and Workday will build generative artificial intelligence (AI) capabilities, jointly innovate new customer experiences and invest in joint go-to-market initiatives to accelerate customer cloud transformation that shall help customers increase productivity grow and retain talent, and streamline business processes.
Workhorse (an American technology company focused on pioneering the transition to zero-emission commercial vehicles) has released its latest innovation, the W56 with a 208-inch wheelbase. This wheelbase version of the W56 is designed to accommodate Workhorse’s next-generation step van body, spanning 22 feet with an impressive cargo volume of 1,200 cubic feet. The 208-inch wheelbase W56 is a testament to continuous innovate to meet the evolving needs of our customers.
Segments Covered in the Report
- By Solution
- Infrastructure
- Warehousing
- Shipping
- Software
- By Application
- Retail and Logistics
- Food
- Medical Supplies
- By End-User
- Commercial
- Military
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- South Korea
- India
- Australia
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East and Africa
- Turkey
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
.png "Drones Logistics Market Size")
Source: VynZ Research
Source: VynZ Research
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Drones Logistics Market