Europe Drone Logistics & Transportation Market

Historic Data: 2016-2017   |   Base Year: 2018   |   Forecast Period: 2019-2027

Analysis and Forecasts by Type (Freight Drones, Passenger Drones, and Ambulance Drones); Application (Warehousing, Shipping, and Others); and End User (Military and Commercial)

No. of Pages: 125
Report Code: TIPRE00003327
Category: Automotive and Transportation
Europe Drone Logistics & Transportation Market
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Drone Logistics & Transportation market in Europe is expected to grow from US$ 7.54 Mn in 2018 to US$ 510.87 Mn by the year 2027. This represents a CAGR of 61.0% from the year 2019 to 2027.

Growth in the e-commerce market is fueling dramatic changes in the warehouse which is further enhancing the growth of drone Logistics and Transportation market. Owing to this the entire e-commerce market is gaining a great deal of attraction. However, the time taken to deliver goods and parcels was longer in earlier days, with the emergence of advanced technologies and faster parcel delivery options such as through drones are making the e-commerce industry players simplify the delivery process and at a much lesser time. In the current drone Logistics & Transportation market scenario, drones are majorly deployed by e-commerce companies and several governments and private organizations to deliver time-sensitive goods, medicines and emergency response goods. Several governmental regulations have restricted the usage of drones for commercial delivery purposes in the earlier years, however, with the amendments of these regulations are helping the e-commerce industry players as well as several parcel delivery companies to use the service. For instance, Europe is among the leading regions for the adoption of advancing technologies that is increasing the adoption rate and growth of drone Logistics & Transportation market. The region has been widely implementing artificial intelligence into its various business functions which also includes drone's services for several applications to make work more efficient and precise. The companies in Europe are highly dependent upon various rules and regulation for deploying drones for various business operations. All these factors are supporting towards the growth of drone Logistics & Transportation market in the forecast period.

The robust focus of the German Federal Aviation Office (FAO) for flying a drone in Germany, by following certain compliant associated with the drone regulations. Various drone Logistics & transportation market players adhere with the regulations established for the use of drones for other purposes. For instance, ZF Friedrichshafen AG is a first German company which has received a permit to use autonomous drones for the transportation of goods in its premise specifically in plant. Such approvals and initiatives would help the companies to widen the scope of delivery drones. The European drone logistics & transportation market players are innovating with technological advancements. The European Union is continuously focusing towards the development in aviation with a great potential to create new jobs and economic growth of the country as well as drone Logistics & Transportation market. The EU adopted various regulation to safely incorporate remotely piloted drones into the European airspace. The EU regulations sets many civil aviation safety and updates various mandate for the European Aviation Safety Agency (EASA). Despite the exponential growth of delivery drones in European countries, the most problematic scenario for delivery drone could be, to provide its service to the mid-sized buildings with pitched roofs. The delivery drones require an alternative delivery point or kind of collection point of the parcels. In respect to this, an existing DHL Packstation or Paketkasten network would be enhanced to manage shipments of this type. Moreover, DHL has entered into a partnership with Microdrones, a manufacturer of UAV to deliver pharmaceuticals at headquarter of DHL for the employees. These initiatives depict a positive growth for the drones in the logistics and transportation market. In 2018, Flytrex has recently raised $7.5 million in Series B funding. The company is granted with funds Benhamou Global Ventures (BGV) along with additional investment from the btov. With the help of raised finance, it would scale-up the technology, operations of Flytrex in respect to drone delivery in Iceland and North Dakota. Such investment will further fuels the drone logistics & transportation market in the region.

France is anticipated to lead the drone logistics & transportation market across the Europe region through the forecast period. France is observing a significant growth in commercialization, resulting in the huge demand of drones in the country. The adoption of drone in France is presently extensively competitive where all the major players including competing in order to gain the customer's trust. For instance, in France, La Poste is a national post service has tested the robots for months. In addition to this, British startup BIZZBY Sky, La Poste, Google, Amazon, and DHL are investigating and testing on drones for the package delivery. The country witnessed huge demand of drones among various drone manufacturers especially for the purpose of using drone for delivering the parcels. These drones are used exclusively for commercial, military users in Italy. This factor is positively impacting on the growth of the drone logistics & transportation market in Italy during the forecast period. The figure given below highlights the revenue share of Germany in the European drone logistics & transportation market in the forecast period:

Germany Drone Logistics & Transportation Market Revenue and Forecasts to 2027 (US$ Mn)

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EUROPE DRONE LOGISTICS & TRANSPORTATION - MARKET SEGMENTATION

By Type
  • Freight Drones
  • Passenger Drones
  • Ambulance Drones
By End User
  • Military
  • Commercial
By Country
  • France
  • Germany
  • Italy
  • Spain
  • UK
  • Rest of Europe
Companies Mentioned
  • Flytrex
  • Zipline
  • Drone Delivery Canada Corp.
  • Flirtey
  • Hardis Groupe, SAS
  • Volocopter
  • Cheetah Logistic Technology
  • PINC Applications Corp.
  • Workhorse Group Inc.
  • Infinium Robotics

Europe Drone Logistics & Transportation Market Strategic Insights

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Europe Drone Logistics & Transportation Market Segmentation Analysis

Europe Drone Logistics & Transportation Market Report Highlights

Europe Drone Logistics & Transportation Report Scope

Report Attribute Details
Market size in 2018 US$ 7.54 Million
Market Size by 2027 US$ 510.87 Million
CAGR (2019 - 2027) 61.0%
Historical Data 2016-2017
Forecast period 2019-2027
Segments Covered By Type
  • Freight Drones
  • Passenger Drones
  • Ambulance Drones
By Application
  • Warehousing
  • Shipping
By End User
  • Military
  • Commercial
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Cheetah Logistic Technology
  • Drone Delivery Canada Corp.
  • Flytrex
  • Flirtey
  • Hardis Groupe, SAS
  • Infinium Robotics
  • PINC Applications Corp.
  • Volocopter
  • Workhorse Group Inc.
  • Zipline
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Europe Drone Logistics & Transportation Market Country and Regional Insights

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Identical Market Reports with other Region/Countries
The List of Companies - Europe Drone Logistics & Transportation Market
  • <p style="margin: 0in 0in 8pt; line-height: 107%; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;"><strong><span style="color:
  • 1f4e79;">The List of Companies -&nbsp;Europe Drone Logistics &amp; Transportation Market</span></strong></span></p><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">1. Cheetah Logistic Technology</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">2. Drone Delivery Canada Corp.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">3. Flytrex</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">4. Flirtey</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">5. Hardis Groupe, SAS</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">6. Infinium Robotics</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">7. PINC Applications Corp.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">8. Volocopter</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">9. Workhorse Group Inc.</span><br /><span style="font-size: 10pt; font-family: verdana, geneva, sans-serif;">10. Zipline</span>
Frequently Asked Questions
How big is the Europe Drone Logistics & Transportation Market?

The Europe Drone Logistics & Transportation Market is valued at US$ 7.54 Million in 2018, it is projected to reach US$ 510.87 Million by 2027.

What is the CAGR for Europe Drone Logistics & Transportation Market by (2019 - 2027)?

As per our report Europe Drone Logistics & Transportation Market, the market size is valued at US$ 7.54 Million in 2018, projecting it to reach US$ 510.87 Million by 2027. This translates to a CAGR of approximately 61.0% during the forecast period.

What segments are covered in this report?

The Europe Drone Logistics & Transportation Market report typically cover these key segments-

  • Type (Freight Drones, Passenger Drones, Ambulance Drones)
  • Application (Warehousing, Shipping)
  • End User (Military, Commercial)

What is the historic period, base year, and forecast period taken for Europe Drone Logistics & Transportation Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Drone Logistics & Transportation Market report:

  • Historic Period : 2016-2017
  • Base Year : 2018
  • Forecast Period : 2019-2027
    • Who are the major players in Europe Drone Logistics & Transportation Market?

    The Europe Drone Logistics & Transportation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Cheetah Logistic Technology
  • Drone Delivery Canada Corp.
  • Flytrex
  • Flirtey
  • Hardis Groupe, SAS
  • Infinium Robotics
  • PINC Applications Corp.
  • Volocopter
  • Workhorse Group Inc.
  • Zipline
    • Who should buy this report?

    The Europe Drone Logistics & Transportation Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Drone Logistics & Transportation Market value chain can benefit from the information contained in a comprehensive market report.

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