The “Drone Logistics and Transportation Market” report covers the overview of the market and presents the information on business development, market size, and share scenario. The report also emphasizes on the growth prospects of the global Drone Logistics and Transportation market for the period 2020-2024. The report covers market characteristics for each segmentation across the key regions and country and traces the historic and forecast analysis of the industry. The report covers key vendors their revenue, breakdown by regions, and product demand. Other key details include volume, installed capacity, value chain.
Drone Logistics and Transportation Market Dynamics: –
- Drivers: (Developing regions and growing markets)
- Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
- Opportunities: (Regional, Growth Rate, Competitive, Consumption)
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Drone Logistics and Transportation Market Segmentation by Top Key Players:
Market Overview:
Scope of the Report:
The market study includes the use of drones or UAVs for transportation and logistics support. The scope of study includes freight drones (that deliver parcels and goods), passenger drones or flying cars (that are used for transportation of people from one place to another), and ambulance drones (that carry first aid and other basic medical equipment to help people at the sight of accident or other critical conditions). The market study is done for the use of drones in both military and commercial sectors.
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Key Market Trends:
Freight Drones Segment is Anticipated to Experience the Highest Growth
The freight drones segment is expected to dominate the drone logistics and transportation market during the forecast period. In the military segment, drones are being tested for the purpose of delivering supplies. The US Army is in the process of testing its Joint Tactical Aerial Resupply Vehicle (JTARV) that is meant for providing required supplies to army personnel at wartimes. Additionally, growth in e-commerce has led to the product delivery and courier service giants, like Amazon and DHL, to introduce the idea of delivery by drones into practice. With a lot of investments and collaboration of companies over the use of a drone for the delivery of goods and services, this segment is expected to witness the highest growth. However, the introduction of passenger drones in the coming future may slightly change the market dynamics during the latter part of the forecast period. Boeing, Airbus, and Uber Technologies are some of the companies that are currently involved in the development of passenger drones and flying cars.
The Asia-Pacific Region is Anticipated to Experience the Highest Growth
The North American region currently dominates the market studied and is expected to continue its domination, in terms of market share, over the forecast period. The use of drones for transportation has been picking up the pace in North America, with the United States and Canada taking measures to implement this in the commercial and military sector. Additionally, ease of regulations, like new remotely piloted aircraft regulations by the Transport Canada, may help the growth of this market. Drone Delivery Canada, one the leading drone delivery company signed USD 2.5 million agreement with Moose Cree First Nation, to deploy its drone delivery platform to serve the communities of Moose Factory and Moosonee. The company received Compliant Special Flight Operations Certificate (SFOC) in 2017, which grants it permission for providing drone services for beyond visual line-of-sight operations, and for a specific purpose of drone delivery services. Such certifications and regulation relaxations are expected to help the growth of the market in this region. However, the Asia-Pacific region is expected to have the highest growth in the market studied during the forecast period. This is mainly due to the investments by the Chinese and Indian companies into drone delivery technology. JD.com, a Chinese e-commerce company headquartered in Beijing has been making commercial drone deliveries in four selected regions scattered across China since June 2016. The company announced its plans to build 150 drone launch facilities in southwestern Sichuan province for UAV parcel delivery by the end of 2020. The company also plans to introduce such services in Indonesia and Japan. Similarly, Zomato has acquired TechEagle, a drone startup to create a hub-to-hub delivery network powered by hybrid multi-rotor drones.
The report provides key statistics on the market status of the Drone Logistics and Transportation Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Drone Logistics and Transportation .
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Key Insights of Drone Logistics and Transportation Market:
- Complete in-depth analysis of the Drone Logistics and Transportation
- Important changes in market dynamics.
- Segmentation analysis of the market.
- Emerging segments and regional markets.
- Historical, on-going, and projected market analysis based on volume and esteem.
- Assessment of niche industry players.
- Market share analysis.
- Key strategies of major players
Drone Logistics and Transportation Market Report Covers Following Points in TOC:
- Chapter 1: Drone Logistics and Transportation Market Definition
- Chapter 2: Research Methodology of Drone Logistics and Transportation Market
- Chapter 3: Drone Logistics and Transportation Market Executive Summary
- Chapter 4: Drone Logistics and Transportation Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
- Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
- Chapter 6: Drone Logistics and Transportation Market Segmentation by Types, End-User, and Applications Forecast to 2024
- Chapter 7: Drone Logistics and Transportation Market Segmentation by Geographical Regions
- Chapter 8: Competitive Landscape of Drone Logistics and Transportation Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
- Chapter 9: Key Players for Drone Logistics and Transportation Market
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