North America Region Witnessing the Highest Growth in Drone Logistics and Transportation Market


Posted November 11, 2021 by AerospaceDefense

The drone logistics and transportation market is estimated to be valued at USD 11.20 Billion in 2022 and is projected to reach USD 29.06 Billion by 2027, at a CAGR of 21.01% during the forecast period.
 
The Drone Logistics and Transportation Market is estimated to be USD 11.20 billion in 2022 and is projected to reach USD 29.06 billion by 2027, at a CAGR of 21.01% from 2022 to 2027. Increasing demand for faster delivery in the logistics industry is expected to fuel the growth of the drone logistics and drone transportation market. Military forces are also exploiting the use of drones to resupply soldiers with equipment, spares, food, and ammunition in the battlefield.

Target Audience:

Manufacturers of UAVs
Component Manufacturers of UAVs
System Integrators
Government and Certification Bodies
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By drone, the freight segment is expected to be the largest contributor in the market during the forecast period.

The drone logistics and drone transportation market has been segmented on the basis of solution, sector, drone, and region. Based on drone, the market has been further segmented into freight drones, passenger drones, and ambulance drones. Freight drones are further segmented into 10kg (cargo drones). The
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Issued By marketsandmarkets
Country United Kingdom
Categories Aerospace , Business , Reports
Tags drone logistics and transportation market
Last Updated November 11, 2021