Skip to main content

Drone Logistics and Transportation Market: Pin-Point Analysis For Changing Competitive Dynamics

The rising usage of unmanned aerial vehicles (UAVs) in various business applications for quicker delivery of commodities is among the key factors fueling the development of the global drone logistics and transportation market. Surging trend of e-commerce trade is also boosting the demand in the drone logistics and transportation market. Simple regulations regarding the usage of drones with respect to commercial usage is another anticipated factor uplifting the growth of the drone logistics and transportation market in the span of forthcoming years. 

Drone Logistics and Transportation Market 

  • Drone Delivery Canada, among the top drone delivery firms tied-up with Moose Cree First Nation with US$2.5 Mn agreement, to install its drone delivery to provide the communities of Moosonee and Moose Factory. The firm in 2017, got a Compliant Special Flight Operations Certificate (SFOC), which gives a permission for serving drone services beyond visual line-of-sight activities, and regarding particular goal of drone delivery facilities.
  • A Chinese online business firm, headquartered at Beijing is delivering commercial drones in 4 main regions spread over China from 2016. The firm announced its aim to build 150 drone delivery services in southwestern Sichuan region for UAV delivery by 2020. The firm even plans to launch similar facilities in Japan and Indonesia
  • Zomato also took over TechEagle, a startup in drone technology to develop a hub-to-hub transportation service supported by hybrid multi-rotor drones.

The important firms operating in the global drone logistics and transportation market include Uber Technologies Inc., Drone Delivery Canada, Zipline International, Matternet, and Flirtey. The rise in strategies such as mergers and acquisitions and partnership with drone delivery firms with services and products providers is estimated to support them in expanding their global reach and market presence. For example, Boeing HorizonX Ventures partnered with Matternet, a giant in drone delivery. Moreover, integrating service providers vertically by mergers of drone transportation firms would help in keep a check on distribution network. 

Brochure For More Professional and Industry Insights

Drone Logistics and Transportation Market Dynamics 

Exemptions by Federal Aviation Administration to Contribute in Market Growth 

The leading factor behind the surge in demand in the global drone logistics and transportation market is the increased usage of drones for several commercial and military applications. Major examples of these comprise inventory management, inventory tracking, food delivery, medical supplies delivery, border surveillance, parcel delivery, and so on.

Moreover, some of the exceptions by Federal Aviation Administration even enables the usage of drones in several industries that as a result is estimated to pump up the growth of the drone logistics and transportation market all over the world in coming years. Besides, delivery drones are even expected to emerge more popular in the forthcoming years owing to rising investments by various firms for the advancement in technology and to design more innovative drones, for example, Amazon, Walmart, Uber, Google, FedEx, and UPS.

Looking For Regional Analysis Or Competitive Landscape, Ask For A Customized Report

North America to Lead due to Increased Usage of Drone in Military Operations 

Based on geography, North America region is foreseen to lead the global drone logistics and transportation market, as per market share in the coming years. The adoption of drones with respect to transportation is getting momentum in the mentioned region, due to rising measures to use the technology in military and commercial sector of Canada and the US. Apart from this, convenient regulations, such as those by Transport Canada for new remotely piloted plane is another factor supporting growth. These regulations intend to contribute in the development of drone logistics and transportation market. Relaxations and regulations like these are foreseen to propel the growth of drone logistics and transportation market in North America 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.

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...
Post a Comment
Read more

Agricultural Sprayers Market To 2027 Market Development, Overview and Forecast | Deere & Company, CNH Industrial, Exel Industries

This large scale Agricultural Sprayers Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Agricultural Sprayers Market report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. The Agricultural Sprayers Market document assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. Request an analyst call or drop down an enquiry to get thorough Agricultural Sprayers Market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken...
Post a Comment
Read more