Drone Logistics & Transportation: CAGR of 19.1% is Projected for the Global Market through 2017-2026 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 17, 2018--The “Drone Logistics and Transportation - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to the report, the Global Drone Logistics & Transportation Market was estimated at $4.98 billion in 2017 and is projected to reach $24.01 billion by 2026, at a CAGR of 19.1%.
Demand for faster delivery of goods, opportunities for vendors at different levels of the value chain, the increasing use of drones in various industries and rising demand for sophisticated industry-specific analytical solutions are some of the key factors fueling the market growth. Factors such as delivery authentication & cybersecurity concerns and restrictions on the commercial use of drones are restraining the market.
Based on Sector, the commercial segment is likely to have significant growth during the predicted period. A number of logistics companies are looking into using drones for logistics applications. Rising interest in the use of UAV for the delivery of packages has led to huge investment by venture capitalists in this field.
By geography, North America is expected to account for the largest share of the market which can be attributed to the high demand for Unmanned aerial vehicles from the military sectors and commercial of countries, such as the US and Canada.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Drone Logistics and Transportation Market, By Solution
6 Global Drone Logistics and Transportation Market, By Sector
7 Global Drone Logistics and Transportation Market, By Drone
8 Global Drone Logistics and Transportation Market, By Geography
9 Key Developments
10 Company ProfilingCana Advisors H3 Dynamics Recent Developments Flirtey Drone Delivery Canada Matternet Uber Zipline Pinc Solutions Altitude Angel Infinium Robotics Multirotor Workhorse Group Airmap Skysense Cheetah Logistics Technology Unifly Hardis Group
For more information about this report visit https://www.researchandmarkets.com/research/hgzd4l/drone_logistics?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180817005186/en/
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Related Topics:Logistics,Unmanned Aerial Vehicles (UAVs) - Drones,Military Unmanned Systems
INDUSTRY KEYWORD: TRANSPORT AIR LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/17/2018 08:53 AM/DISC: 08/17/2018 08:53 AM