Drone Transportation and Logistics - Global Market Trajectory & Analytics

Global Drone Transportation and Logistics Market to Reach $45.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Drone Transportation and Logistics estimated at US$12 Billion in the year 2020, is projected to reach a revised size of US$45.5 Billion by 2027, growing at a CAGR of 21% over the period 2020-2027. Commercial, one of the segments analyzed in the report, is projected to record 22.1% CAGR and reach US$33.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Military segment is readjusted to a revised 18.3% CAGR for the next 7-year period.

The U. S. Market is Estimated at $3.6 Billion, While China is Forecast to Grow at 20.1% CAGR

The Drone Transportation and Logistics market in the U. S. is estimated at US$3.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.8 Billion by the year 2027 trailing a CAGR of 20.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19% and 18% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 15.3% CAGR. We bring years of research experience to this 9th edition of our report. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Deutsche Post AG (DHL Group)
• Drone Delivery Canada
• Matternet
• United Parcel Service, Inc. (UPS)