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Cargo Drones Market by Solution (Platform, Software, Infrastructure), Industry (Retail, Healthcare, Agriculture, Defense and Maritime), Range (Close-Range, Short-Range, Mid-Range, Long-Range), Payload, Type and Region - Global Forecast to 2030

Publisher MarketsandMarkets
Published Mar 22, 2023
Length 265 Pages
SKU # MKMK17848594

Description

Cargo Drones Market by Solution (Platform, Software, Infrastructure), Industry (Retail, Healthcare, Agriculture, Defense and Maritime), Range (Close-Range, Short-Range, Mid-Range, Long-Range), Payload, Type and Region - Global Forecast to 2030

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, dearth of skilled and trained drone operators, uncertainty in regulations are limiting the overall growth of the market.

” >1000 Kg: The second largest share of the cargo drones market by payload in 2022.” The > 1000 Kg segment has the second largest segment of the cargo drones market by 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 drones 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 drones 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 forecasted year”

Europe is estimated to account for the second largest CAGR in the cargo drones in the forecasted year. The European region for this study comprises of UK, Germany, France, Italy, Switzerland, Norway, Sweden and Rest of Europe. Rising developments of cargo drones by several European based companies. The technological upgrades in cargo drones such as payloads, sensors is 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 drones 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 drones 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

265 Pages
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 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 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 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

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