Product Code: A84405
The Cargo Drones Market is likely to experience a significant growth rate of 38.1% from 2023-2032 owing to rise in e-commerce, and the surge in demand for efficient and time-sensitive deliveries - Allied Market Research
Cargo drones are increasingly used in various industries for delivery and transportation. The retail industry includes drones that deliver goods directly to customers. Cargo drones are used in the retail industry for last-mile delivery, which involves transporting products from a distribution center or store to a customer's doorstep. This can help retailers to improve their delivery speed, reduce delivery costs, and provide a more convenient & efficient delivery experience for their customers. Cargo drones can deliver goods directly to customers quicklier than traditional delivery methods, particularly in urban areas where traffic congestion can cause delays. Delivery by cargo drone can be cheaper than traditional delivery methods, particularly for smaller items that can be carried by drones. Moreover, there is an expansion in drone delivery services as drone technology improves and restrictions are eased. For instance, in March 2023, Zipline, a drone delivery company announced the launch of a home delivery service that leverages a drone-droid delivery team.
The healthcare segment includes cargo drones used to transport and deliver in the healthcare industry. Cargo drones are used to transport medical supplies, such as drugs, vaccines, and other essential equipment, to remote or hard-to-reach areas. It can transport medical samples, such as blood, urine, and tissue samples, for testing and diagnosis. The healthcare industry, especially in countries with limited access to medical resources and infrastructure, has witnessed increase in demand for cargo drones. Companies providing healthcare cargo drone services and cargo drone system manufacturers are expected to rise in demand for cargo drones. Furthermore, there is a rise in the use of cargo drones in healthcare as it provides several benefits, such as faster delivery times, reduced transportation costs, and increased efficiency in the supply chain. For instance, in December 2022, Gurugram-based 'TechEagle' collaborated with the Arunachal Pradesh government in India and World Economic Forum and developed drone technology to deliver essential medicines to these hard-to-reach regions.
The cargo drones market is segmented on the basis of propulsion, wing type, industry, payload, and region. Based on propulsion, it is segmented into gasoline-powered, electric, hybrid, and others. On the basis of wing type, it is classified into fixed-wing, multi-rotor, and hybrid. By industry, it is categorized into retail, healthcare, agriculture, defense, and others. Based on payload, it is segmented into 0.5 to 100 kg, 101 to 1000 kg, and above 1000 kg. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some major companies operating in the market include: Dronamics, Volocopter GmbH, Ehang Holdings Ltd, Pipistrel d.o.o, Singular Aircraft, UAVOS Inc, Elroy Air, NATILUS, ARS Aerosystems, and SkyDrive Inc
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cargo drones market analysis from 2022 to 2032 to identify the prevailing cargo drones market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cargo drones market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cargo drones market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Propulsion
- Gasoline-powered
- Electric
- Hybrid
- Others
By Wing type
- Fixed-wing
- Multi-rotor
- Hybrid
By Industry
- Retail
- Healthcare
- Agriculture
- Defense
- Others
By Payload
- 0.5 to 100 kg
- 101 to 1000 kg
- Above 1000 kg
By Region
- North America
- Europe
- Germany
- France
- UK
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Singular Aircraft
- VOLOCOPTER GmbH
- EHang Holdings Ltd.
- UAVOS Inc
- ARC Aerosystems
- NATILUS
- SkyDrive Inc.
- DRONAMICS
- PIPISTREL d.o.o.
- Elroy Air
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Rise of e-commerce
- 3.4.1.2. The increase in demand for faster delivery and improved efficiency in freight transportation
- 3.4.1.3. Surge in environmental concerns to reduce CO2 emissions and carbon footprint
- 3.4.2. Restraints
- 3.4.2.1. High initial cost
- 3.4.2.2. Regulatory compliance
- 3.4.3. Opportunities
- 3.4.3.1. Technological advancements
- 3.4.3.2. The integration of cargo drones in middle-mile logistics
- 3.5. COVID-19 Impact Analysis on the market
CHAPTER 4: CARGO DRONES MARKET, BY PROPULSION
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Gasoline-powered
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Electric
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Hybrid
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: CARGO DRONES MARKET, BY WING TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Fixed-wing
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Multi-rotor
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Hybrid
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: CARGO DRONES MARKET, BY INDUSTRY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Retail
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Healthcare
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Agriculture
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Defense
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Others
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
CHAPTER 7: CARGO DRONES MARKET, BY PAYLOAD
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. 0.5 to 100 kg
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. 101 to 1000 kg
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Above 1000 kg
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
CHAPTER 8: CARGO DRONES MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key trends and opportunities
- 8.2.2. Market size and forecast, by Propulsion
- 8.2.3. Market size and forecast, by Wing type
- 8.2.4. Market size and forecast, by Industry
- 8.2.5. Market size and forecast, by Payload
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Key market trends, growth factors and opportunities
- 8.2.6.1.2. Market size and forecast, by Propulsion
- 8.2.6.1.3. Market size and forecast, by Wing type
- 8.2.6.1.4. Market size and forecast, by Industry
- 8.2.6.1.5. Market size and forecast, by Payload
- 8.2.6.2. Canada
- 8.2.6.2.1. Key market trends, growth factors and opportunities
- 8.2.6.2.2. Market size and forecast, by Propulsion
- 8.2.6.2.3. Market size and forecast, by Wing type
- 8.2.6.2.4. Market size and forecast, by Industry
- 8.2.6.2.5. Market size and forecast, by Payload
- 8.2.6.3. Mexico
- 8.2.6.3.1. Key market trends, growth factors and opportunities
- 8.2.6.3.2. Market size and forecast, by Propulsion
- 8.2.6.3.3. Market size and forecast, by Wing type
- 8.2.6.3.4. Market size and forecast, by Industry
- 8.2.6.3.5. Market size and forecast, by Payload
- 8.3. Europe
- 8.3.1. Key trends and opportunities
- 8.3.2. Market size and forecast, by Propulsion
- 8.3.3. Market size and forecast, by Wing type
- 8.3.4. Market size and forecast, by Industry
- 8.3.5. Market size and forecast, by Payload
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Key market trends, growth factors and opportunities
- 8.3.6.1.2. Market size and forecast, by Propulsion
- 8.3.6.1.3. Market size and forecast, by Wing type
- 8.3.6.1.4. Market size and forecast, by Industry
- 8.3.6.1.5. Market size and forecast, by Payload
- 8.3.6.2. France
- 8.3.6.2.1. Key market trends, growth factors and opportunities
- 8.3.6.2.2. Market size and forecast, by Propulsion
- 8.3.6.2.3. Market size and forecast, by Wing type
- 8.3.6.2.4. Market size and forecast, by Industry
- 8.3.6.2.5. Market size and forecast, by Payload
- 8.3.6.3. UK
- 8.3.6.3.1. Key market trends, growth factors and opportunities
- 8.3.6.3.2. Market size and forecast, by Propulsion
- 8.3.6.3.3. Market size and forecast, by Wing type
- 8.3.6.3.4. Market size and forecast, by Industry
- 8.3.6.3.5. Market size and forecast, by Payload
- 8.3.6.4. Spain
- 8.3.6.4.1. Key market trends, growth factors and opportunities
- 8.3.6.4.2. Market size and forecast, by Propulsion
- 8.3.6.4.3. Market size and forecast, by Wing type
- 8.3.6.4.4. Market size and forecast, by Industry
- 8.3.6.4.5. Market size and forecast, by Payload
- 8.3.6.5. Rest of Europe
- 8.3.6.5.1. Key market trends, growth factors and opportunities
- 8.3.6.5.2. Market size and forecast, by Propulsion
- 8.3.6.5.3. Market size and forecast, by Wing type
- 8.3.6.5.4. Market size and forecast, by Industry
- 8.3.6.5.5. Market size and forecast, by Payload
- 8.4. Asia-Pacific
- 8.4.1. Key trends and opportunities
- 8.4.2. Market size and forecast, by Propulsion
- 8.4.3. Market size and forecast, by Wing type
- 8.4.4. Market size and forecast, by Industry
- 8.4.5. Market size and forecast, by Payload
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Key market trends, growth factors and opportunities
- 8.4.6.1.2. Market size and forecast, by Propulsion
- 8.4.6.1.3. Market size and forecast, by Wing type
- 8.4.6.1.4. Market size and forecast, by Industry
- 8.4.6.1.5. Market size and forecast, by Payload
- 8.4.6.2. Japan
- 8.4.6.2.1. Key market trends, growth factors and opportunities
- 8.4.6.2.2. Market size and forecast, by Propulsion
- 8.4.6.2.3. Market size and forecast, by Wing type
- 8.4.6.2.4. Market size and forecast, by Industry
- 8.4.6.2.5. Market size and forecast, by Payload
- 8.4.6.3. India
- 8.4.6.3.1. Key market trends, growth factors and opportunities
- 8.4.6.3.2. Market size and forecast, by Propulsion
- 8.4.6.3.3. Market size and forecast, by Wing type
- 8.4.6.3.4. Market size and forecast, by Industry
- 8.4.6.3.5. Market size and forecast, by Payload
- 8.4.6.4. South Korea
- 8.4.6.4.1. Key market trends, growth factors and opportunities
- 8.4.6.4.2. Market size and forecast, by Propulsion
- 8.4.6.4.3. Market size and forecast, by Wing type
- 8.4.6.4.4. Market size and forecast, by Industry
- 8.4.6.4.5. Market size and forecast, by Payload
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Key market trends, growth factors and opportunities
- 8.4.6.5.2. Market size and forecast, by Propulsion
- 8.4.6.5.3. Market size and forecast, by Wing type
- 8.4.6.5.4. Market size and forecast, by Industry
- 8.4.6.5.5. Market size and forecast, by Payload
- 8.5. LAMEA
- 8.5.1. Key trends and opportunities
- 8.5.2. Market size and forecast, by Propulsion
- 8.5.3. Market size and forecast, by Wing type
- 8.5.4. Market size and forecast, by Industry
- 8.5.5. Market size and forecast, by Payload
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Latin America
- 8.5.6.1.1. Key market trends, growth factors and opportunities
- 8.5.6.1.2. Market size and forecast, by Propulsion
- 8.5.6.1.3. Market size and forecast, by Wing type
- 8.5.6.1.4. Market size and forecast, by Industry
- 8.5.6.1.5. Market size and forecast, by Payload
- 8.5.6.2. Middle East
- 8.5.6.2.1. Key market trends, growth factors and opportunities
- 8.5.6.2.2. Market size and forecast, by Propulsion
- 8.5.6.2.3. Market size and forecast, by Wing type
- 8.5.6.2.4. Market size and forecast, by Industry
- 8.5.6.2.5. Market size and forecast, by Payload
- 8.5.6.3. Africa
- 8.5.6.3.1. Key market trends, growth factors and opportunities
- 8.5.6.3.2. Market size and forecast, by Propulsion
- 8.5.6.3.3. Market size and forecast, by Wing type
- 8.5.6.3.4. Market size and forecast, by Industry
- 8.5.6.3.5. Market size and forecast, by Payload
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. DRONAMICS
- 10.1.1. Company overview
- 10.1.2. Key Executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.1.6. Key strategic moves and developments
- 10.2. UAVOS Inc
- 10.2.1. Company overview
- 10.2.2. Key Executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Key strategic moves and developments
- 10.3. Elroy Air
- 10.3.1. Company overview
- 10.3.2. Key Executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Key strategic moves and developments
- 10.4. VOLOCOPTER GmbH
- 10.4.1. Company overview
- 10.4.2. Key Executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.5. NATILUS
- 10.5.1. Company overview
- 10.5.2. Key Executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Key strategic moves and developments
- 10.6. ARC Aerosystems
- 10.6.1. Company overview
- 10.6.2. Key Executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.7. EHang Holdings Ltd.
- 10.7.1. Company overview
- 10.7.2. Key Executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.7.7. Key strategic moves and developments
- 10.8. PIPISTREL d.o.o.
- 10.8.1. Company overview
- 10.8.2. Key Executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.8.6. Key strategic moves and developments
- 10.9. Singular Aircraft
- 10.9.1. Company overview
- 10.9.2. Key Executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.10. SkyDrive Inc.
- 10.10.1. Company overview
- 10.10.2. Key Executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio