The global drone logistics & transportation market is expected to grow at a CAGR of 20.98% to reach USD 32.72 billion by 2027. The growth is primarily attributed to extensive use of drones in logistic deliveries, rapidly increasing innovation in drone technology and wide applications such as in warehousing, manufacturing, defence, survey, mining and agriculture land inspection. High government investments in Asia Pacific offer significant growth opportunities. However, lack of aerial traffic management, privacy and securities issues can hinder the growth of this market.

The global drone logistics & transportation market study provides market data for By Solution (Warehousing, Shipping, Infrastructure, Software), By Sector (Military, Commercial), By Drone (Freight Drones, Passenger Drones, Ambulance Drones), By Freight Drones (<10kg (Delivery Drones), >10kg (Cargo Drones). The study also evaluates industry competitors and analyses the market at a regional and country level.

By solution, shipping segment accounted for fastest growing segment in the forecast period. The highest growth of this segment can be ascribed by increasing investments in research & development for delivery purposes.

By sector, commercial segment accounted for the largest share of drone logistics & transportation market. Commercial segment accounted for largest share of drone logistics & transportation market. The large share of this market segment can be attributed to increasing use of drones for deliveries in logistic industry. 

By drone type, <10 kg (Delivery drones) sub segment of Freight segment accounted for the largest share of drone logistics & transportation market. The large share of this segment can be attributed to increasing demand for high & last mile deliveries. 

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This research report analyses major geographies and provides a comprehensive analysis of North America (US, Canada), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, and RoAPAC), Rest of the world (Latin America, and Middle East & Africa). North America accounted for largest share of drone logistics & transportation market. The largest share of this regional segment can be attributed to increasing adoption of drones for delivery of packages, presence of leading drone logistics and transportation services providers and expansion of connected infrastructure. APAC is expected to grow at highest CAGR during the forecast period. High growth of this geographic segment is mainly attributed to rapidly expanding e-commerce, increasing adoption of drone transportation services and increasing demand for last mile deliveries. 

The major players operating in the global drone logistics & transportation market are