The European Market for Drone Logistics & Transportation - Forecast to 2027: Anticipated to Grow at a CAGR of 61% - ResearchAndMarkets.com

The "Europe
Drone Logistics & Transportation Market to 2027 - Regional Analysis and
Forecasts by Type; Application; and End User" report has been
added to ResearchAndMarkets.com's offering.

The Europe Drone Logistics & Transportation market accounted for US$
7.54 Mn in 2018 and is expected to grow at a CAGR of 61% over the
forecast period 2019-2027, to account for US$ 510.87 Mn in 2027.

Factors including increasing developments in the e-commerce sector and
rising acceptance due to various benefits offered owing to various
benefits offered are significantly driving the drone logistics &
transportation market. However, shortage of drone operators in
developing regions are impeding the market growth. Mounting demand of
rural deliveries is opportunistic for the growth of the market.

The potential of drones is evident in the places with poor
infrastructure or challenging geographies like an island. Disaster
recovery, medical supplies, and other applications witness significant
growth potential. Drone delivery is the ultimate solution for last-mile
connectivity in the rural areas.

The drone logistics & transportation market is fragmented with the
presence of several industries and the competitive dynamics in the
market is expected to change during the upcoming years. In addition to
this, various initiatives are undertaken by the governmental bodies to
accelerate the drone logistics & transportation market further.

For instance, European Parliament announced the adoption of updated
aviation safety rules which includes various new mandates for EASA to be
implemented across Europe. These rules authorize the Agency present in
the region to propose to the European Commission regarding the technical
capability for legalizing several drones of all sizes, even the small
commercial drones across the region.

These the very first rules for civil drones related to the risk of the
operations such as the same drone flying across the city center as well
as the sea entails a completely different risk. These wide regulations
will permit remotely piloted aircraft to have access to fly safely in
European airspace along with legal certainty for the further expansion
of industry in the region.

This is further expected to provide the drone logistics & transportation
players to cope up with the rapidly transforming e-commerce industry.
This initiative provides multiple benefits to the companies present in
this region and thus increasing the growth of drone logistics &
transportation market in the region.

On the basis of drone type, the freight drone segment is leading the
Europe drone logistics & transportation market. However, the ambulance
drone segment are anticipated to grow at a highest CAGR followed by
passenger drones and freight drones. Doctors, surgeons, nurses, blood
bank operators, and many other nursing professionals and healthcare
facilities are seeking forward to come across drone-based services in
many of the settings.

In this respect, many companies are making proposals to supply medical
products to the remote areas. Medical drones are efficient to make
urgent delivery of medical supplies to the hospitals in around 15
minutes. Currently, the market players are looking ahead to support
drone logistics & transportation industry by innovating advanced drones.

Some of the players present in drone logistics & transportation market
are Flytrex, Zipline, Drone Delivery Canada Corp., Flirtey, Hardis
Groupe, SAS, Volocopter, Cheetah Logistic Technology, PINC Applications
Corp., Workhorse Group Inc., and Infinium Robotics among others.

Key Topics Covered

Part 1. Introduction

1.1 Scope of the Study

1.2 Report Guidance

Part 2. Key Takeaways

Part 3. Europe Drone Logistics & Transportation Market Landscape

3.1 Market Overview

3.2 Market Segmentation

3.3 Europe Pest Analysis

Part 4. Europe Drone Logistics & Transportation Market - Key Industry
Dynamics

4.1 Key Market Drivers

4.2 Key Market Restraints

4.3 Key Market Opportunities

4.4 Future Trends

4.5 Impact Analysis of Drivers and Restraints

Part 5. Drone Logistics & Transportation Market - Europe Analysis

5.1 Europe Drone Logistics & Transportation Market Overview

5.2 Europe Drone Logistics & Transportation Market Forecast and Analysis
(US$ Mn)

Part 6. Europe Drone Logistics & Transportation Market Revenue and
Forecasts To 2027 - Type

6.1 Overview

6.2 Europe Drone Logistics & Transportation Market Breakdown, by Type,
2018 & 2027

6.3 Freight Drones

6.4 Passenger Drones

6.5 Ambulance Drones

Part 7. Europe Drone Logistic & Transportation Market Revenue and
Forecasts To 2027 - Application

7.1 Overview

7.2 Europe Drone Logistic & Transportation Market Breakdown, by
Application, 2018 & 2027

7.3 Warehousing

7.4 Shipping

7.5 Others

Part 8. Europe Drone Logistics & Transportation Market Revenue and
Forecasts To 2027 - End User

8.1 Overview

8.2 Europe Drone Logistics & Transportation Market Breakdown, by End
User, 2018 & 2027

8.3 Commercial

8.4 Military

Part 9. Europe Drone Logistics & Transportation Market - Country Analysis

Part 10. Industry Landscape

10.1 Market Initiative

10.2 New Development

10.3 Investment Scenarios

Part 11. Competitive Landscape

11.1 Competitive Product Mapping

11.2 Market Positioning - Top 5 Players Ranking

Part 12. Drone Logistics & Transportation, Key Company Profiles

12.1 Cheetah Software Systems Inc.

12.2 Drone Delivery Canada Corp.

12.3 Flirtey

12.4 Flytrex Aviation Ltd.

12.5 Hardis Group

12.6 Infinium Robotics

12.7 Pinc Solutions

12.8 Volocopter GmbH

12.9 Workhorse Group Inc.

12.10 Zipline

For more information about this report visit https://www.researchandmarkets.com/r/i0lsz7

View source version on businesswire.com: https://www.businesswire.com/news/home/20190411005750/en/