The global drone logistics & transportation market is anticipated to grow at a CAGR of 14.5% during the forecast period (2023-2030). The launch of technically advanced drones across the globe is a key factor driving the growth of the global drone logistics & transportation market. For instance, in April 2023, Odisha Chief Minister Naveen Patnaik launched the first of its kind heavy lift logistics drone, made by Odisha-based start-up ‘BonV Aero’, which has the capacity to transport 50kg over 10kms. In its next phase, the startup aims to develop its flagship platform ‘RM002’ that can transport 200 kilograms of freight over 40 kilometres. Such developments are projected to drive the growth of the global drone logistics & transportation market.
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Further, in March 2023, Drone delivery outfit Wing, a subsidiary of Alphabet, has unveiled its new Wing Delivery System. By introducing cheap, modular pickup stations and multiple charging hubs, Wing is trying to make its drones work like workers in a gig network—available everywhere and automatically dispatched. In March 2023, TechEagle developed an innovative 5G-based command and control system over the cloud, enabling drones to be controlled virtually from anywhere in the world.
In February 2023, Drone tech startup TSAW Drones, based in New Delhi, and has announced a strategic partnership with Kanhaiya Life Care Medicine to initiate a first-of-its’s-kind B2C medicine drone delivery service in Kolkata. The vision behind the collaboration is to provide swift and efficient delivery of medicines to patients at their doorsteps while also cutting down on the delays caused by road traffic. Rising partnership among key market players is further creating scope for the market growth.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Sector
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Drone Delivery Canada, Amazon.com, Inc., Matternet, DHL Group, and Zipline International Inc. among others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Drone Logistics & Transportation Market Report Segment
By Sector
By Application
Global Drone Logistics & Transportation Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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