Europe to Account for the Second Largest CAGR in the Cargo Drones Market in the Forecasted Year
The cargo drones market size is projected to grow from USD 0.6 billion in 2022 to USD 9.4 billion by 2030, at a CAGR of 38.6% during the forecast period. The market for cargo drones is driven by various factors, such as increasing demand for more effective, cost-efficient and quick movement of shipments and decreasing prices of cargo drone components. However, the dearth of skilled and trained drone operators and uncertainty in regulations are limiting the overall growth of the market.
>1000 Kg: The second largest share of the cargo drones market by the payload in 2022. The > 1000 Kg segment has the second largest segment of the cargo drones market by the payload in 2022. The increasing demand for heavy-lift cargo drones to transport heavy-payload cargo quickly with less carbon emissions is driving the growth of this segment in the cargo drone market.
Hybrid: The second largest segment of the cargo drones market by type in 2022
The hybrid segment has the second largest segment of the cargo drone market by type in 2022. Easy deployment, high endurance, and large payload capacity to boost the hybrid segment.
Europe to account for the second largest CAGR in the cargo drones market in the forecasted year
Europe is estimated to account for the second-largest CAGR in cargo drones in the forecasted year. The European region for this study comprises of UK, Germany, France, Italy, Switzerland, Norway, Sweden and the Rest of Europe. Rising developments of cargo drones by several European-based companies. The technological upgrades in cargo drones such as payloads, and sensors are expected to drive this segment.
Break-up of profiles of primary participants in the cargo drones market:
- By Company Type: Tier 1 - 49%, Tier 2 - 37%, and Tier 3 - 14%
- By Designation: C-Level Executives - 55%, Directors - 27%, and Others - 18%
- By Region: North America - 32%, Europe - 32%, Asia Pacific - 16%, Latin America - 10%, Middle East & Africa - 10%
Prominent companies in the cargo drone market are Elroy Air (US), Silent Arrow (US), Dronamics (UK), Natilus (US) and Volocopter Gmbh (Germany) among others.
Research Coverage:
The market study covers the cargo drone market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as payload, type, industry, solution, range and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying this report:
This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall cargo drones market and its subsegments. The report covers the entire ecosystem of the cargo drones industry and will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Demand for more efficient, cost-effective and faster movement of shipments; Increasing investments in cargo drones; Reduction in CO2 emissions and carbon footprint; Reducing prices of drone components), restraints (Dearth of skilled & trained drone operators; Growing concerns over cybersecurity; Drone safety and security-related issues; Uncertainty in regulations), opportunities (Increasing B2B middle-mile ogistics; Different value chain levels for vendors; Increased use in military operations; Smart city intiatives), and challenges (Restrictions on commercial use of drones in various countries; Complexity in implementation of ground infrastructure; Lack of UTM infrastructure for cargo drones; Sudden changes in weather conditions) influencing the growth of the cargo drones market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Cargo Drones market
- Market Development: Comprehensive information about lucrative markets - the report analyses the Cargo Drones market across varied regions
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Cargo Drones market
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Dufour Aerospace (Switzerland), Airbus (Netherlands), Pipistrel (Slovenia), EHang (China), Bell (US), and BAE Systems (US), among others in the Cargo Drones market
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Inclusions & Exclusions
Table 1 Cargo Drones Market: Inclusions & Exclusions
1.4 Currency
1.5 USD Exchange Rates
1.6 Market Scope
1.6.1 Markets Covered
Figure 1 Cargo Drones Market Segmentation
1.6.2 Regional Scope
1.6.3 Years Considered
1.7 Limitations
1.8 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 2 Research Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Primary Sources
2.1.2.2 Key Data from Primary Sources
Figure 4 Breakdown of Primaries: by Company Type, Designation, and Region
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.3 Supply-Side Indicators
2.2.4 Recession Impact Analysis
2.3 Research Approach and Methodology
2.3.1 Bottom-Up Approach
2.3.1.1 Market Size Estimation & Methodology
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
2.3.1.2 Regional Split of Cargo Drones Market
2.3.2 Top-Down Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
2.4 Data Triangulation
Figure 7 Data Triangulation
2.5 Research Assumptions
2.6 Limitations
3 Executive Summary
Figure 8 Software Solutions Projected to Have Highest CAGR During Forecast Period
Figure 9 Retail Industry Projected to Command Largest Share During Forecast Period
Figure 10 50-149 KG Payload Segment Projected to Grow Fastest During Forecast Period
Figure 11 North America Accounted for Dominant Market Share in 2021
4 Premium Insights
4.1 Attractive Growth Opportunities for Players in Cargo Drones Market
Figure 12 Surging Demand for Same-Day Delivery and Emergency Supplies to Drive the Cargo Drones Market
4.2 Cargo Drones Market, by Range
Figure 13 Close-Range Segment Projected to Lead During Forecast Period
4.3 Cargo Drones Market, by Type
Figure 14 Rotary-Wing Segment to Hold Leading Share During Forecast Period
4.4 North America Cargo Drones Market, by Solution
Figure 15 Platform Segment to Hold Leading Share During Forecast Period
4.5 Cargo Drones Market, by Country
Figure 16 Market in France Projected to Grow at Highest CAGR During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 17 Cargo Drones Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Demand for More Efficient, Cost-Effective, and Faster Movement of Shipments
5.2.1.2 Increasing Investments in Cargo Drones
Figure 18 Investment in Drone Industry (USD Million) (2011-2021)
5.2.1.3 Reduction in Co2 Emissions and Carbon Footprint
5.2.1.4 Reducing Prices of Drone Components
Figure 19 Durability Adjusted Cost of an 80-Kwnet Pem Fuel Cell System Based on Projection to High Volume Manufacturing at 100,000 Units/Year
Figure 20 Decrease in Cost of IoT Sensors, 2004-2020
5.2.2 Restraints
5.2.2.1 Dearth of Skilled & Trained Drone Operators
5.2.2.2 Growing Concerns Over Cybersecurity
5.2.2.3 Drone Safety and Security-Related Issues
5.2.2.4 Uncertainty in Regulations
5.2.3 Opportunities
5.2.3.1 Increasing B2B Middle-Mile Logistics
5.2.3.2 Different Value Chain Levels for Vendors
5.2.3.3 Increased Use in Military Operations
5.2.3.4 Smart City Initiatives
5.2.4 Challenges
5.2.4.1 Restrictions on Commercial Use of Drones in Various Countries
Table 2 Restrictions on Use of Drones/UAVs in Various Countries
5.2.4.2 Complexity in Implementation of Ground Infrastructure
5.2.4.3 Lack of Utm Infrastructure for Cargo Drones
5.2.4.4 Sudden Changes in Weather Conditions
5.3 Trends/Disruptions Impacting Customer Business
5.3.1 Revenue Shift and New Revenue Pockets for Cargo Drones Market
Figure 21 Revenue Shift in Cargo Drones Market
5.4 Analysis of Recession Impact on Market
5.5 Cargo Drones Market Ecosystem
5.5.1 Prominent Companies
5.5.2 Private and Small Enterprises
5.5.3 Startups
5.5.4 End-users
Figure 22 Cargo Drones Market Ecosystem Map
Table 3 Cargo Drones Market Ecosystem
5.6 Technology Analysis
5.6.1 LiDAR Technology
5.6.2 Autopilot Systems
5.6.3 Sense & Avoid Technology
5.7 Use Case Analysis
5.7.1 Mid-Air Battery Swapping in Cargo Drones
Table 4 Aero Team Eindhoven Works to Swap Batteries of Cargo Drones in Mid-Air
5.7.2 Regulators Approve Brazil's First Drone Delivery Operations
Table 5 Speedbird Aero Receives Approval to Operate Delivery Drone Flights in Brazil
5.7.3 IBM Patents Mid-Air Drone-To-Drone Cargo Transfer System
Table 6 Mid-Air Transfer of Cargo from One Drone to Another
5.7.4 Mexico-based Logistics Company Uses Drones to Deliver Medical Essentials
Table 7 Sincronia Logistica Deploys Drones to Deliver Protective Gear to Healthcare Workers
5.7.5 Cargo Drone Field Tests in Amazon Forest in Peru
Table 8 Field Tests Using Cargo Drones to Deliver Vaccines and Blood Samples to Communities in Amazon Forest
5.8 Value Chain Analysis of the Cargo Drones Market
Figure 23 Value Chain Analysis
5.9 Pricing Analysis
5.9.1 Average Selling Price, by Payload
Figure 24 Average Selling Price of Cargo Drones, 2022
5.10 Volume Data of Cargo Drones
Table 9 Cargo Drones Market: Volume Data (Units)
5.11 Porter's Five Forces Analysis
Table 10 Cargo Drones Market: Porter's Five Forces Analysis
Figure 25 Cargo Drones Market: Porter's Five Forces Analysis
5.11.1 Threat of New Entrants
5.11.2 Threat of Substitutes
5.11.3 Bargaining Power of Suppliers
5.11.4 Bargaining Power of Buyers
5.11.5 Intensity of Competitive Rivalry
5.12 Key Stakeholders & Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 26 Influence of Stakeholders on Buying Process for Top Three Solutions
Table 11 Influence of Stakeholders in Buying Process for Top Three Solutions (%)
5.12.2 Buying Criteria
Figure 27 Key Buying Criteria for Top Three Solutions
Table 12 Key Buying Criteria for Top Three Solutions
5.13 Tariff and Regulatory Landscape
5.13.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 15 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 16 Middle East: Regulatory Bodies, Government Agencies, and Other Organizations
Table 17 Latin America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 18 Drone Regulation and Approval for Commercial Sector, by Country
5.13.2 North America
5.13.2.1 US
Table 19 US: Faa Rules and Guidelines for Operation of Drones
5.13.2.2 Canada
Table 20 Canada: Rules and Guidelines for Operation of Drones
5.13.3 Europe
5.13.3.1 UK
Table 21 UK: Caa Rules and Guidelines for Operation of Drones
5.13.3.2 Germany
Table 22 Germany: Rules and Guidelines for Operation of Drones
5.13.3.3 France
Table 23 France: Rules and Guidelines for Operation of Drones
Table 24 Drone Regulations, by Country
5.14 Trade Data Analysis
Table 25 Country-Wise Imports, 2020-2021 (USD Thousand)
Table 26 Country-Wise Exports, 2020-2021 (USD Thousand)
5.15 Key Conferences & Events in 2023
Table 27 Cargo Drones Market: Conferences & Events, 2023
6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Blockchain
6.2.2 Cloud Computing
6.2.3 Wireless Charging
6.2.4 Automated Ground Control Stations
6.2.5 Internet of Things
6.2.6 Computer Vision
6.2.7 Multi-Sensor Data Fusion Technology
6.2.8 Machine Learning-Powered Analytics
6.2.9 5G Technology
6.2.10 Gps-Denied Systems
6.2.11 Hydrogen Propulsion
6.2.12 Additive Manufacturing
6.2.13 Algorithms and Analytics for Drone Delivery
Figure 28 Algorithms and Analytics for Drone Delivery
6.2.14 Drone Insurance
Table 28 Types of Insurance Coverage Offered
Table 29 Drone Insurance Providers
6.3 Impact of Megatrends
6.4 Innovations & Patent Registrations
Table 30 Cargo Drones Market: Key Patents (2019-2022)
7 Cargo Drones Market, by Solution
7.1 Introduction
Figure 29 Software to be Fastest Segment During Forecast Period
Table 31 Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 32 Cargo Drones Market, by Solution, 2022-2030 (USD Million)
7.2 Platform
7.2.1 Airframe
7.2.1.1 E-Commerce Drives Demand for High Payload Capacity Airframe Structures
7.2.2 Avionics
7.2.2.1 Offer Advanced Flight Control and Communications Systems
7.2.3 Propulsion
7.2.3.1 Use of Electric Power Sources on the Rise
7.2.4 Software
7.2.4.1 Use Across Applications Leads to the Development of Industry-Specific Drone Software
7.3 Software
7.3.1 Route Planning & Optimizing
7.3.1.1 Innovation in Route Planning Software to Drive Segment
7.3.2 Inventory Management
7.3.2.1 Need for Efficiency in Cargo Drone Services
7.3.3 Live Tracking
7.3.3.1 Used to Locate Drones in Real Time to Enable Smooth Operation
7.3.4 Fleet Management
7.3.4.1 Successful Delivery Requires Sophisticated Solutions
7.3.5 Computer Vision
7.3.5.1 AI and Deep Learning-based Software That Analyzes Drone Operations
7.4 Infrastructure
7.4.1 Ground Control Stations
7.4.1.1 Used for Remote Monitoring and Route Planning
7.4.2 Charging Stations
7.4.2.1 Wireless Stations to Increase Range and Efficiency
7.4.3 Landing Pads
7.4.3.1 Used for Docking Drones
7.4.4 Micro-Fulfillment Centers
7.4.4.1 Provide Multiple Benefits for Drone Operation
8 Cargo Drones Market, by Payload
8.1 Introduction
Figure 30 >1,000 KG Segment to Hold Major Share During Forecast Period
Table 33 Cargo Drones Market, by Payload, 2019-2021 (USD Million)
Table 34 Cargo Drones Market, by Payload, 2022-2030 (USD Million)
8.2 10-49 KG
8.2.1 Rising Usage of Drones in the Healthcare Sector
8.3 50-149 KG
8.3.1 Widely Used in Agricultural Sector
8.4 150-249 KG
8.4.1 Increasing Demand from E-Commerce
8.5 250-499 KG
8.5.1 Growing Usage of Drones in Military Operations
8.6 500-999 KG
8.6.1 Increasing R&D by Chinese Firms
8.7 >1,000 KG
8.7.1 Cargo Aircraft Manufacturing Market to Drive Segment
9 Cargo Drones Market, by Industry
9.1 Introduction
Figure 31 Healthcare Segment Projected to Record Rapid Growth During Forecast Period
Table 35 Cargo Drones Market, by Industry, 2019-2021 (USD Million)
Table 36 Cargo Drones Market, by Industry, 2022-2030 (USD Million)
9.2 Retail
9.2.1 Shipping Companies to Deliver Using Drones
9.3 Healthcare
9.3.1 Increased Use of Medical Devices to Address Out-Of-Hospital Emergencies
9.4 Agriculture
9.4.1 High Demand for Effective Irrigation Using Drones
9.5 Maritime
9.5.1 Need for Autonomous Ship-To-Ship Aerial Delivery Services for Military Applications
9.6 Defense
9.6.1 Demand for Precise Material Delivery to Frontline Squads
10 Cargo Drones Market, by Type
10.1 Introduction
Figure 32 Rotary-Wing Segment to Record Fastest Growth During Forecast Period
Table 37 Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 38 Cargo Drones Market, by Type, 2022-2030 (USD Million)
10.2 Fixed-Wing
10.2.1 Better Stability and High Endurance to Drive Segment
10.3 Hybrid
10.3.1 Easy Deployment, High Endurance, and Large Payload Capacity to Boost Segment
10.4 Rotary-Wing
10.4.1 Demand for Easy-To-Control and Economical Delivery Drones to Fuel Growth
11 Cargo Drones Market, by Range
11.1 Introduction
Figure 33 Close-Range Segment to Dominate Market from 2022 to 2030
Table 39 Cargo Drones Market, by Range, 2019-2021 (USD Million)
Table 40 Cargo Drones Market, by Range, 2022-2030 (USD Million)
11.2 Close-Range
11.2.1 Rise in Demand for Logistics Fuels Growth
11.3 Short-Range
11.3.1 Help Reduce Time Required to Complete Aerial Tasks
11.4 Mid-Range
11.4.1 Capable of Intercity Cargo Transport
11.5 Long-Range
11.5.1 Need for Emission Reduction to Boost Segment
12 Regional Analysis
12.1 Introduction
12.2 Recession Impact Analysis
Figure 34 Recession Impact Analysis
Table 41 Cargo Drones Market, by Region, 2019-2021 (USD Million)
Table 42 Cargo Drones Market, by Region, 2022-2030 (USD Million)
12.3 North America
Figure 35 North America: Cargo Drones Market Snapshot
12.3.1 PESTLE Analysis: North America
Table 43 North America: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 44 North America: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 45 North America: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 46 North America: Cargo Drones Market, by Type, 2022-2030 (USD Million)
Table 47 North America: Cargo Drones Market, by Country, 2019-2021 (USD Million)
Table 48 North America: Cargo Drones Market, by Country, 2022-2030 (USD Million)
12.3.2 US
12.3.2.1 Presence of Major Delivery Drone Manufacturers
Table 49 US: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 50 US: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 51 US: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 52 US: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.3.3 Canada
12.3.3.1 Growing Economy and Presence of Major Players
Table 53 Canada: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 54 Canada: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 55 Canada: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 56 Canada: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4 Europe
Figure 36 Europe: Cargo Drones Market Snapshot
12.4.1 PESTLE Analysis: Europe
Table 57 Europe: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 58 Europe: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 59 Europe: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 60 Europe: Cargo Drones Market, by Type, 2022-2030 (USD Million)
Table 61 Europe: Cargo Drones Market, by Country, 2019-2021 (USD Million)
Table 62 Europe: Cargo Drones Market, by Country, 2022-2030 (USD Million)
12.4.2 UK
12.4.2.1 Developments by Major Technology Players
Table 63 UK: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 64 UK: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 65 UK: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 66 UK: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.3 Germany
12.4.3.1 Increasing Demand for Inter-Site Logistics
Table 67 Germany: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 68 Germany: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 69 Germany: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 70 Germany: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.4 France
12.4.4.1 Growing Use of Drones in the Pharmaceutical Sector
Table 71 France: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 72 France: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 73 France: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 74 France: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.5 Italy
12.4.5.1 High Demand from Healthcare Sector
Table 75 Italy: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 76 Italy: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 77 Italy: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 78 Italy: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.6 Switzerland
12.4.6.1 Adoption of Automated Landing Space and Payload Control Towers
Table 79 Switzerland: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 80 Switzerland: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 81 Switzerland: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 82 Switzerland: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.7 Norway
12.4.7.1 Part of Projects Such as Nordic Drone Initiative
Table 83 Norway: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 84 Norway: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 85 Norway: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 86 Norway: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.8 Sweden
12.4.8.1 Drones Used for Transport of Medical Devices
Table 87 Sweden: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 88 Sweden: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 89 Sweden: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 90 Sweden: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.4.9 Rest of Europe
12.4.9.1 Increasing Demand from Emergency Services
Table 91 Rest of Europe: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 92 Rest of Europe: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 93 Rest of Europe: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 94 Rest of Europe: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5 Asia-Pacific
Figure 37 Asia-Pacific: Cargo Drones Market Snapshot
12.5.1 PESTLE Analysis: Asia-Pacific
Table 95 Asia-Pacific: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 96 Asia-Pacific: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 97 Asia-Pacific: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 98 Asia-Pacific: Cargo Drones Market, by Type, 2022-2030 (USD Million)
Table 99 Asia-Pacific: Cargo Drones Market, by Country, 2019-2021 (USD Million)
Table 100 Asia-Pacific: Cargo Drones Market, by Country, 2022-2030 (USD Million)
12.5.2 China
12.5.2.1 Investments by Tech Players Like Jd.Com, Meituan, and Alibaba
Table 101 China: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 102 China: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 103 China: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 104 China: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.3 India
12.5.3.1 Strong Government Push to Promote Domestic Drone Production
Table 105 India: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 106 India: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 107 India: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 108 India: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.4 Japan
12.5.4.1 Increasing Prevalence of Drone Delivery Trials
Table 109 Japan: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 110 Japan: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 111 Japan: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 112 Japan: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.5 Australia
12.5.5.1 Government Support and Technological Advancements
Table 113 Australia: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 114 Australia: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 115 Australia: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 116 Australia: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.6 South Korea
12.5.6.1 Increasing Number of Cargo Drone Manufacturers
Table 117 South Korea: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 118 South Korea: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 119 South Korea: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 120 South Korea: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.7 New Zealand
12.5.7.1 Growing Demand to Assist Emergency Issues Using Drones
Table 121 New Zealand: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 122 New Zealand: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 123 New Zealand: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 124 New Zealand: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.8 Malaysia
12.5.8.1 Use of Drones for Critical Cargo Delivery
Table 125 Malaysia: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 126 Malaysia: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 127 Malaysia: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 128 Malaysia: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.5.9 Singapore
12.5.9.1 Established Regulatory Framework for Drones
Table 129 Singapore: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 130 Singapore: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 131 Singapore: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 132 Singapore: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.6 Middle East
Figure 38 Middle East: Cargo Drones Market Snapshot
12.6.1 PESTLE Analysis: Middle East
Table 133 Middle East: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 134 Middle East: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 135 Middle East: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 136 Middle East: Cargo Drones Market, by Type, 2022-2030 (USD Million)
Table 137 Middle East: Cargo Drones Market, by Country, 2019-2021 (USD Million)
Table 138 Middle East: Cargo Drones Market, by Country, 2022-2030 (USD Million)
12.6.2 UAE
12.6.2.1 Flexible Drone Regulations in Country
Table 139 UAE: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 140 UAE: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 141 UAE: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 142 UAE: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.6.3 Israel
12.6.3.1 High Number of Drone Startups
Table 143 Israel: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 144 Israel: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 145 Israel: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 146 Israel: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.6.4 Saudi Arabia
12.6.4.1 Increasing Commercial Applications of Drones
Table 147 Saudi Arabia: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 148 Saudi Arabia: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 149 Saudi Arabia: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 150 Saudi Arabia: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.7 Latin America
Figure 39 Latin America: Cargo Drones Market Snapshot
12.7.1 PESTLE Analysis: Latin America
Table 151 Latin America: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 152 Latin America: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 153 Latin America: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 154 Latin America: Cargo Drones Market, by Type, 2022-2030 (USD Million)
Table 155 Latin America: Cargo Drones Market, by Country, 2019-2021 (USD Million)
Table 156 Latin America: Cargo Drones Market, by Country, 2022-2030 (USD Million)
12.7.2 Brazil
12.7.2.1 Regulatory Approvals and Increasing Customer Interest
Table 157 Brazil: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 158 Brazil: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 159 Brazil: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 160 Brazil: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.7.3 Mexico
12.7.3.1 Growing Usage of Drones in the Healthcare Sector
Table 161 Mexico: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 162 Mexico: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 163 Mexico: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 164 Mexico: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.7.4 Colombia
12.7.4.1 Healthcare Deliveries by Drones in Rugged Landscapes
Table 165 Colombia: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 166 Colombia: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 167 Colombia: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 168 Colombia: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.7.5 Argentina
12.7.5.1 Market Driven by Need for Pandemic Readiness
Table 169 Argentina: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 170 Argentina: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 171 Argentina: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 172 Argentina: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.7.6 Peru
12.7.6.1 Need to Address Healthcare Challenges in Amazon Rainforest
Table 173 Peru: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 174 Peru: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 175 Peru: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 176 Peru: Cargo Drones Market, by Type, 2022-2030 (USD Million)
12.8 Africa
12.8.1 PESTLE Analysis: Africa
Table 177 Africa: Cargo Drones Market, by Solution, 2019-2021 (USD Million)
Table 178 Africa: Cargo Drones Market, by Solution, 2022-2030 (USD Million)
Table 179 Africa: Cargo Drones Market, by Type, 2019-2021 (USD Million)
Table 180 Africa: Cargo Drones Market, by Type, 2022-2030 (USD Million)
13 Competitive Landscape
13.1 Introduction
Table 181 Key Developments by Leading Players Between 2020 and 2023
13.2 Ranking Analysis of Key Players in the Cargo Drone Market
Figure 40 Ranking of Key Players in the Cargo Drones Market, 2021
13.3 Revenue Analysis of Key Players, 2021
Figure 41 Cargo Drones Market: Revenue Analysis of Key Companies (2017-2021)
13.4 Market Ranking Analysis of Key Players, 2021
Figure 42 Cargo Drones: Market Share Analysis, 2021
Table 182 Cargo Drones Market: Degree of Competition
13.5 Company Evaluation Quadrant
Figure 43 Cargo Drones Market (Global) Company Evaluation Matrix, 2021
13.5.1 Stars
13.5.2 Pervasive Players
13.5.3 Emerging Leaders
13.5.4 Participants
13.6 Startup/SME Evaluation Quadrant
Figure 44 Cargo Drones Market Competitive Leadership Mapping (SME)
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Starting Blocks
13.6.4 Dynamic Companies
Table 183 Cargo Drones Market: Key Startups/SMEs
Table 184 Cargo Drone Market: Competitive Benchmarking of Key Players [Startups/SMEs]
13.6.5 Competitive Benchmarking
Table 185 Company Product Footprint
Table 186 Company Type Footprint
13.7 Competitive Scenario and Trends
13.7.1 Product Launches
Table 187 Cargo Drones Market: Product Launches, 2020-January 2023
13.7.2 Deals
Table 188 Cargo Drones Market: Deals, 2020-January 2023
14 Company Profiles
14.1 Introduction
14.2 Key Players
Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats)
14.2.1 Natilus
Table 189 Natilus: Business Overview
Table 190 Natilus: Product/Solutions/Services Offered
Table 191 Natilus: Deals
Table 192 Natilus: Others
14.2.2 Dronamics
Table 193 Dronamics: Business Overview
Table 194 Dronamics: Product/Solutions/Services Offered
Table 195 Dronamics: Deals
Table 196 Dronamics: Others
14.2.3 Silent Arrow
Table 197 Silent Arrow: Business Overview
Table 198 Silent Arrow: Product/Solutions/Services Offered
Table 199 Silent Arrow: Product Launches
Table 200 Silent Arrow: Deals
14.2.4 Sabrewing Aircraft Company
Table 201 Sabrewing Aircraft Company: Business Overview
Table 202 Sabrewing Aircraft Company: Products/Solutions/Services Offered
Table 203 Sabrewing Aircraft Company: Product Launches
Table 204 Sabrewing Aircraft Company: Deals
Table 205 Sabrewing Aircraft Company: Others
14.2.5 Elroy Air
Table 206 Elroy Air: Business Overview
Table 207 Elroy Air: Product/Solutions/Services Offered
Table 208 Elroy Air: Deals
Table 209 Elroy Air: Product Launches
Table 210 Elroy Air: Others
14.2.6 Volocopter GmbH
Table 211 Volocopter GmbH: Business Overview
Table 212 Volocopter GmbH: Product/Solutions/Services Offered
Table 213 Volocopter GmbH: Deals
Table 214 Volocopter GmbH: Others
14.2.7 Dufour Aerospace
Table 215 Dufour Aerospace: Business Overview
Table 216 Dufour Aerospace: Product/Solutions/Services Offered
Table 217 Dufour Aerospace: Product Launches
Table 218 Dufour Aerospace: Deals
Table 219 Dufour Aerospace: Others
14.2.8 The Boeing Company
Table 220 The Boeing Company: Business Overview
Figure 45 The Boeing Company: Company Snapshot
Table 221 The Boeing Company: Products/Solutions/Services Offered
14.2.9 Airbus
Table 222 Airbus: Business Overview
Figure 46 Airbus: Company Snapshot
Table 223 Airbus: Product/Solutions/Services Offered
Table 224 Airbus: Product Launches
14.2.10 Pipistrel
Table 225 Pipistrel: Business Overview
Table 226 Pipistrel Products/Solutions/Services Offered
Table 227 Pipistrel: Deals
14.2.11 Ehang
Table 228 Ehang: Business Overview
Figure 47 Ehang: Company Snapshot
Table 229 Ehang: Product/Solutions/Services Offered
Table 230 Ehang: Product Launches
Table 231 Ehang: Deals
Table 232 Ehang: Others
14.2.12 Bell Textron Inc.
Table 233 Bell Textron Inc.: Business Overview
Figure 48 Bell Textron Inc.: Company Snapshot
Table 234 Bell Textron Inc.: Products/Solutions/Services Offered
Table 235 Bell Textron Inc.: Others
14.2.13 Kaman Corporation
Table 236 Kaman Corporation: Business Overview
Figure 49 Kaman Corporation: Company Snapshot
Table 237 Kaman Corporation: Products/Solutions/Services Offered
Table 238 Kaman Corporation: Product Launches
Table 239 Kaman Corporation: Deals
14.2.14 Bae Systems
Table 240 Bae Systems: Business Overview
Figure 50 Bae Systems: Company Snapshot
Table 241 Bae Systems: Products/Solutions/Services Offered
Table 242 Bae Systems: Deals
14.2.15 Drone Delivery Canada Corp.
Table 243 Drone Delivery Canada Corp.: Business Overview
Figure 51 Drone Delivery Canada Corp.: Company Snapshot
Table 244 Drone Delivery Canada Corp.: Product/Solutions/Services Offered
Table 245 Drone Delivery Canada Corp.: Deals
Table 246 Drone Delivery Canada Corp.: Others
14.3 Other Players
14.3.1 Flying Basket
Table 247 Flying Basket: Company Overview
14.3.2 Arc Aerosystems
Table 248 Arc Aerosystems: Company Overview
14.3.3 H3 Dynamics
Table 249 H3 Dynamics: Company Overview
14.3.4 Gadfin
Table 250 Gadfin: Company Overview
14.3.5 Skyports Infrastructure Limited
Table 251 Skyports Infrastructure Limited: Company Overview
14.3.6 Steadicopter
Table 252 Steadicopter: Company Overview
14.3.7 Singular Aircraft
Table 253 Singular Aircraft: Company Overview
14.3.8 Phoenix Wings
Table 254 Phoenix Wings: Company Overview
14.3.9 Airspace Experience Technologies Inc.
Table 255 Airspace Experience Technologies Inc.: Company Overview
14.3.10 Uavos Inc.
Table 256 Uavos Inc.: Company Overview
Details on Business Overview, Products Offered, Recent Developments, and Analyst's View (Key Strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) Might Not be Captured in the Case of Unlisted Companies.
15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options
Executive Summary
Companies Mentioned
- Airbus
- Airspace Experience Technologies Inc.
- Arc Aerosystems
- Bae Systems
- Bell Textron Inc.
- Dronamics
- Drone Delivery Canada Corp.
- Dufour Aerospace
- Ehang
- Elroy Air
- Flying Basket
- Gadfin
- H3 Dynamics
- Kaman Corporation
- Natilus
- Phoenix Wings
- Pipistrel
- Sabrewing Aircraft Company
- Silent Arrow
- Singular Aircraft
- Skyports Infrastructure Limited
- Steadicopter
- The Boeing Company
- Uavos Inc.
- Volocopter GmbH
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 265 |
| Published | March 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 0.6 Billion |
| Forecasted Market Value ( USD | $ 9.4 Billion |
| Compound Annual Growth Rate | 38.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
