Global Cargo Drones Market Size study & Forecast, by Propulsion, by Wing Type, by Industry, by Payload and Regional Analysis, 2023-2030

Description

List of Tables

Global Cargo Drones Market is valued at approximately USD 0.68 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 38.1% over the forecast period 2023-2030. Cargo drones are unmanned aerial vehicles (UAVs) used for cargo delivery. The delivery of medical goods such as vaccines, blood samples, and drugs can be made to remote and challenging-to-reach locations utilizing cargo drones. Using cargo drones, small and light e-commerce items can be delivered in urban areas more swiftly and effectively. Cargo drones are used for crop monitoring, mapping, and spraying to increase crop yields and cut expenses. In disaster-affected areas, cargo drones help is providing critical supplies such as food, water, and shelter. The Cargo Drones Market is expanding because of factors such as the increasing e-commerce industry, increase in demand for faster delivery and improved efficiency in freight transportation and surge in environmental concerns to reduce CO2 emissions and carbon footprint.

The market is being driven by factors such as rising e-commerce sales across the globe. According to Statista, in 2015 global retail e-commerce sales were USD 1,548 billion and the number is anticipated to reach USD 8,148 billion by 2026. As a result, the rising e-commerce sector is anticipated to create a lucrative demand for the market. Furthermore, Drone delivery of commercial items, food, pharmacy, healthcare, and other packages reduces CO2 emissions and the carbon footprint. Delivery trucks release over 415 million metric tons of carbon dioxide annually, or about 25% of all transportation-related emissions in the US, according to the US Environmental Protection Agency, accounting for 31% of the country's GHG emissions in 2021. Inmarsat and Cranfield University conducted a study that found that vehicles that transport 10 parcels per 8-hour shift produce 3,394 grammes of CO2 per 24 hours, drones with a 36-kilometer range would only produce about 2,160 grammes. Thus, environmental concerns to reduce CO2 emissions are further fueling the market growth. In addition, technological advancements and integration of cargo drones in middle-mile logistics are creating a lucrative opportunity to the market. However, high cost of cargo drones and regulatory compliance stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Cargo Drones Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the dominance of key market players and rising e-commerce industry and the rise in demand for fast and efficient delivery. Asia Pacific is expected to growing at a significant rate during the forecast period, owing to factors such as rising e-commerce industry, geographic expansion of key players, and active participation of government for reducing carbon emission.

Major market player included in this report are:

ARC Aerosystems
DRONAMICS
EHang Holdings Ltd.
Elroy Air
PIPISTREL d.o.o
SkyDrive Inc
UAVOS Inc
VOLOCOPTER GmbH
Singular Aircraft
Textron Inc

Recent Developments in the Market:

In March 2023, The Canadian Government contracted with Drone delivery, to perform delivery services using its heavy-lift Condor drone. The Condor drone could travel up to 200 kilometres while carrying payloads weighing up to 180 kg.
In November 2021, The Air Force Research Laboratory (AFRL) and the United States Air Force agreed to purchase 15 Silent Arrow cargo delivery drones. Silent Arrow is a maker of autonomous freight drones and aerospace vehicles. These cargo drones are made to deliver cargo, such as food, water, and medical supplies, to far-off places that are challenging to reach by conventional transportation means.

Global Cargo Drones Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Propulsion, Wing Type, Industry, Payload, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Propulsion offerings of key players. The detailed segments and sub-segment of the market are explained below:

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
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Cargo Drones Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Cargo Drones Market, by Propulsion, 2020-2030 (USD Billion)
- 1.2.3. Cargo Drones Market, by Wing Type, 2020-2030 (USD Billion)
- 1.2.4. Cargo Drones Market, by Industry, 2020-2030 (USD Billion)
- 1.2.5. Cargo Drones Market, by Payload, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Cargo Drones Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Cargo Drones Market Dynamics

3.1. Cargo Drones Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing e-commerce industry
  - 3.1.1.2. The increase in demand for faster delivery and improved efficiency in freight transportation
  - 3.1.1.3. Surge in environmental concerns to reduce CO2 emissions and carbon footprint
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Cargo Drones
  - 3.1.2.2. Regulatory compliance
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological advancements
  - 3.1.3.2. The integration of cargo drones in middle-mile logistics

Chapter 4. Global Cargo Drones Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Cargo Drones Market, by Propulsion

5.1. Market Snapshot
5.2. Global Cargo Drones Market by Propulsion, Performance - Potential Analysis
5.3. Global Cargo Drones Market Estimates & Forecasts by Propulsion 2020-2030 (USD Billion)
5.4. Cargo Drones Market, Sub Segment Analysis
- 5.4.1. Gasoline-powered
- 5.4.2. Electric
- 5.4.3. Hybrid
- 5.4.4. Others

Chapter 6. Global Cargo Drones Market, by Wing Type

6.1. Market Snapshot
6.2. Global Cargo Drones Market by Wing Type, Performance - Potential Analysis
6.3. Global Cargo Drones Market Estimates & Forecasts by Wing Type 2020-2030 (USD Billion)
6.4. Cargo Drones Market, Sub Segment Analysis
- 6.4.1. Fixed-wing
- 6.4.2. Multi-rotor
- 6.4.3. Hybrid

Chapter 7. Global Cargo Drones Market, by Industry

7.1. Market Snapshot
7.2. Global Cargo Drones Market by Industry, Performance - Potential Analysis
7.3. Global Cargo Drones Market Estimates & Forecasts by Industry 2020-2030 (USD Billion)
7.4. Cargo Drones Market, Sub Segment Analysis
- 7.4.1. Retail
- 7.4.2. Healthcare
- 7.4.3. Agriculture
- 7.4.4. Defense
- 7.4.5. Others

Chapter 8. Global Cargo Drones Market, by Payload

8.1. Market Snapshot
8.2. Global Cargo Drones Market by Payload, Performance - Potential Analysis
8.3. Global Cargo Drones Market Estimates & Forecasts by Payload 2020-2030 (USD Billion)
8.4. Cargo Drones Market, Sub Segment Analysis
- 8.4.1. 0.5 to 100 kg
- 8.4.2. 101 to 1000 kg
- 8.4.3. Above 1000 kg

Chapter 9. Global Cargo Drones Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Cargo Drones Market, Regional Market Snapshot
9.4. North America Cargo Drones Market
- 9.4.1. U.S. Cargo Drones Market
  - 9.4.1.1. Propulsion breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Wing Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Industry breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Payload breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Cargo Drones Market
9.5. Europe Cargo Drones Market Snapshot
- 9.5.1. U.K. Cargo Drones Market
- 9.5.2. Germany Cargo Drones Market
- 9.5.3. France Cargo Drones Market
- 9.5.4. Spain Cargo Drones Market
- 9.5.5. Italy Cargo Drones Market
- 9.5.6. Rest of Europe Cargo Drones Market
9.6. Asia-Pacific Cargo Drones Market Snapshot
- 9.6.1. China Cargo Drones Market
- 9.6.2. India Cargo Drones Market
- 9.6.3. Japan Cargo Drones Market
- 9.6.4. Australia Cargo Drones Market
- 9.6.5. South Korea Cargo Drones Market
- 9.6.6. Rest of Asia Pacific Cargo Drones Market
9.7. Latin America Cargo Drones Market Snapshot
- 9.7.1. Brazil Cargo Drones Market
- 9.7.2. Mexico Cargo Drones Market
9.8. Middle East & Africa Cargo Drones Market
- 9.8.1. Saudi Arabia Cargo Drones Market
- 9.8.2. South Africa Cargo Drones Market
- 9.8.3. Rest of Middle East & Africa Cargo Drones Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. ARC Aerosystems
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. DRONAMICS
- 10.3.3. EHang Holdings Ltd.
- 10.3.4. Elroy Air
- 10.3.5. PIPISTREL d.o.o
- 10.3.6. SkyDrive Inc
- 10.3.7. UAVOS Inc
- 10.3.8. VOLOCOPTER GmbH
- 10.3.9. Singular Aircraft
- 10.3.10. Textron Inc
- 10.3.11.

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Cargo Drones Market, report scope
TABLE 2. Global Cargo Drones Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Cargo Drones Market estimates & forecasts by Propulsion 2020-2030 (USD Billion)
TABLE 4. Global Cargo Drones Market estimates & forecasts by Wing Type 2020-2030 (USD Billion)
TABLE 5. Global Cargo Drones Market estimates & forecasts by Industry 2020-2030 (USD Billion)
TABLE 6. Global Cargo Drones Market estimates & forecasts by Payload 2020-2030 (USD Billion)
TABLE 7. Global Cargo Drones Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Cargo Drones Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Cargo Drones Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Cargo Drones Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Cargo Drones Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Cargo Drones Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Cargo Drones Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Cargo Drones Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Cargo Drones Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Cargo Drones Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Cargo Drones Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Cargo Drones Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Cargo Drones Market
TABLE 72. List of primary sources, used in the study of global Cargo Drones Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Cargo Drones Market, research methodology
FIG 2. Global Cargo Drones Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Cargo Drones Market, key trends 2022
FIG 5. Global Cargo Drones Market, growth prospects 2023-2030
FIG 6. Global Cargo Drones Market, porters 5 force model
FIG 7. Global Cargo Drones Market, pest analysis
FIG 8. Global Cargo Drones Market, value chain analysis
FIG 9. Global Cargo Drones Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Cargo Drones Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Cargo Drones Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Cargo Drones Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Cargo Drones Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Cargo Drones Market, regional snapshot 2020 & 2030
FIG 15. North America Cargo Drones Market 2020 & 2030 (USD Billion)
FIG 16. Europe Cargo Drones Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Cargo Drones Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Cargo Drones Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Cargo Drones Market 2020 & 2030 (USD Billion)