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The drone logistics and drone transportation market has been segmented on the basis of solution, sector, drone, and region. Based on drone, the market has been further segmented into freight drones, passenger drones, and ambulance drones. The <10kg (delivery drones) sub segment of freight drone segment is expected to lead the drone logistics and drone transportation market during the forecast period due to the increasing demand for drones for last mile delivery of packages, food, and medical supplies.
Based on sector, the drone logistics and drone transportation market has been segmented into commercial and military. The commercial segment is projected to grow at a higher CAGR from 2022 to 2027. The growth of this segment can be attributed to the rising demand for drones in various commercial applications, such as warehouse management, inventory tracking, first mile delivery, and last mile delivery.
Based on solution, the drone logistics and drone transportation market has been segmented into warehousing, shipping, infrastructure, and software. The shipping segment is projected to grow at the highest CAGR during the forecast period. This anticipated high growth rate can be attributed to high investments by companies, such as Amazon, DHL, and UPS, toward the use of drones for shipping parcels or packages.
The drone logistics and drone transportation market in the North American region is expected to grow at the highest CAGR during the forecast period. This growth is primarily driven by the increasing research and development activities toward the use of drones in the logistics and transportation industry. Infrastructure and software solutions are being developed to enable the use of drones in the delivery and transportation industry. The relaxation of restrictions on the commercial use of drones is expected to fuel the growth of the drone logistics and drone transportation market.
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