The logistics and transportation market was exceeded US$ 8.7 billion in 2020 and is projected to reach US$ 41.4 billion by 2030, expanding at an annual CAGR of 21.2 percent, according to a 2021 study by Precedence Research, the Canada-based market Insight Company. The report contains 150+ pages with detailed analysis.
The base year for the study has been considered 2021, the historic year 2019 and 2020, the forecast period considered is from 2021 to 2030. The dairy products market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). Drones are unmanned aerial vehicles that can be operated from a remote area. These unmanned aerial vehicles are used for various purposes such as in delivery services, border surveillance, combat operations and many others. The delivery services provided by the commercial drones are cost effective and time efficient in nature. It has an accurate locating program that enables the accurate location of the consumer and this helps in delivering the packages faster. With the advancement of technologies, innovative features can be added to the drones that improves their efficiency during the operations. All these attributes of the drones is expected to drive the growth of the Drone Logistics and Transportation Market.
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Market Report Scope
| Report Highlights | Details |
| Market Size | USD 41.4 Billion by 2030 |
| Growth Rate | CAGR of 21.2% From 2021 to 2030 |
| Base Year | 2020 |
| Historic Data | 2017 to 2020 |
| Forecast Period | 2021 to 2030 |
| Segments Covered | Solution, Sector, Drone, Region |
Competition Landscape
In the final section of the research report, Precedence Research provided the global logistics and transportation market structure and a detailed competition landscape to provide a dashboard view of key players operating in the logistics and transportation market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Some of the major players in the logistics and transportation market include:
PINC Solutions, CANA Advisors, Drone Delivery Canada, DroneScan, Hardis Group, Infinium Robotics, Matternet, and Workhorse Group.
Crucial factors accountable for market growth are:
- Extensive use of drone in the delivery services of the logistics industry.
- Wide scale use of drone in diverse sectors such as warehousing, manufacturing, distribution facilities and many others.
- Rapid innovation in the drone technology making them work and energy efficient.
- Use of drones by the defense organization for combat operations across the world.
- Use of drones in in mining operations, land survey operations, agriculture land and crop inspections and many more.
Report Highlights
- The commercial segment of the Drone Logistics and Transportation market is expected to grow exceptionally during the forecast period because of the extensive use of drones in the commercial operations such as delivery services, ambulance services, crop and field surveillance and many others.
- In the military segment, the Drone Logistics and Transportation market is also expected to grow significantly because the defense organization across the world are focusing more in developing and employing drones in the military combat operations.
- By Geography, North America leads the Drone Logistics and Transportation market by revenues share because of its massive use of drones in the delivery operations.
- Based on the geographical area, the North America is expected to contribute significantly with highest CAGR when compared with all other regions owing to the rapid increase in the utility of drones in the North American region for the purpose of delivery services.
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Market Dynamics
Driver
The growing demand for adoption of drones in the delivery service by the logistics industry and the rapid development of ecommerce industry has contributed towards the growth of the Drone Logistics and Transportation market. Furthermore, the use of drones in the military combat operations has fueled the growth of the Drone Logistics and Transportation market.
Restraint
The major restraining factor that negatively impacts the growth of the Drone Logistics and Transportation market includes the lack of unmanned aerial vehicle traffic management, the disputes in the logistical operations, different load sizes, concerns over privacy and security and many others.
Opportunity
The development of drones is still in the preliminary stage and it needs to be explored in order to discover the potential that it has to be used in various industries. In the developing countries of Asia Pacific region, specifically the Drone Logistics and Transportation market will find huge opportunities due to high Government investment to evolve the drone technology.Also, in the military combat operations the drones will finds their utility.
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Challenges
The unmanned aerial vehicles or drones need a better air traffic management system that will control all the movement of the drones. This system will ensure the safe mobility of the drones from the source to the destination specially when they are used for delivery operations. Also, the concerns over the public privacy and security need to be maintained by the drone manufacturing companies.
Recent Developments
- In 27th July, 2021 Drone Delivery Canada has revealed that it has become the first public drone company to be permitted a domestic cargo license and this will help in expanding and scaling up DDC operations using the drone.
- In 17th March, 2021 Skysense in collaboration with Qamcom Group developed a robust system to detect and track drone by using the radio signals. This ensure the safe movement of drones during the mobility and protect from any security threat.
Market Segmentation
By Solution
- Warehousing
- Shipping
- Infrastructure
- Software
By Sector
- Military
- Commercial
By Drone
- Freight Drones
- <10kg (Delivery Drones)
- >10kg Cargo Drones)
- Passenger Drones
- Ambulance Drones
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and
Questionnaire based research etc.
- In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
Most Asked Questions –
What was the market size value of the logistics and transportation in 2020?
What is the expected market size by 2030?
What is the logistics and transportation market growth?
What are the key factors that positively influence market growth?
Who are the prominent players in the logistics and transportation market?
Why should you invest in this report?
If you are aiming to enter the global logistics and transportation market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for logistics and transportation are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Drone Logistics and Transportation Market, By Solution
7.1. Drone Logistics and Transportation Market, by Solution Type, 2021-2030
7.1.1. Warehousing
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Shipping
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Infrastructure
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Software
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Drone Logistics and Transportation Market, By Sector
8.1. Drone Logistics and Transportation Market, by Sector, 2021-2030
8.1.1. Military
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Commercial
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Drone Logistics and Transportation Market, By Drone
9.1. Drone Logistics and Transportation Market, by Drone, 2021-2030
9.1.1. Freight Drones
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Passenger Drones
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Ambulance Drones
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Drone Logistics and Transportation Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Solution (2017-2030)
10.1.2. Market Revenue and Forecast, by Sector (2017-2030)
10.1.3. Market Revenue and Forecast, by Drone (2017-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.1.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.1.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.1.5.3. Market Revenue and Forecast, by Drone (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Solution (2017-2030)
10.2.2. Market Revenue and Forecast, by Sector (2017-2030)
10.2.3. Market Revenue and Forecast, by Drone (2017-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.2.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.2.5.3. Market Revenue and Forecast, by Drone (2017-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Solution (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Sector (2017-2030)
10.2.6.3. Market Revenue and Forecast, by Drone (2017-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Solution (2017-2030)
10.2.7.2. Market Revenue and Forecast, by Sector (2017-2030)
10.2.7.3. Market Revenue and Forecast, by Drone (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Solution (2017-2030)
10.3.2. Market Revenue and Forecast, by Sector (2017-2030)
10.3.3. Market Revenue and Forecast, by Drone (2017-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.3.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.3.5.3. Market Revenue and Forecast, by Drone (2017-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Solution (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Sector (2017-2030)
10.3.6.3. Market Revenue and Forecast, by Drone (2017-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Solution (2017-2030)
10.3.7.2. Market Revenue and Forecast, by Sector (2017-2030)
10.3.7.3. Market Revenue and Forecast, by Drone (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.4.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.4.5.3. Market Revenue and Forecast, by Drone (2017-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Solution (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Sector (2017-2030)
10.4.6.3. Market Revenue and Forecast, by Drone (2017-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Solution (2017-2030)
10.4.7.2. Market Revenue and Forecast, by Sector (2017-2030)
10.4.7.3. Market Revenue and Forecast, by Drone (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.5.3. Market Revenue and Forecast, by Drone (2017-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Solution (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Sector (2017-2030)
10.5.4.3. Market Revenue and Forecast, by Drone (2017-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Solution (2017-2030)
10.5.5.2. Market Revenue and Forecast, by Sector (2017-2030)
10.5.5.3. Market Revenue and Forecast, by Drone (2017-2030)
Chapter 11. Company Profiles
11.1. PINC Solutions
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. CANA Advisors
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Drone Delivery Canada
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. DroneScan
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Hardis Group
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Infinium Robotics
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Matternet
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Workhorse Group
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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