North America Market Analysis
North America in drone logistics and transportation market is projected to hold over 62.5% revenue share by the end of 2037 owing to favorable regulation, supportive infrastructure, and strong public-private partnerships that foster the adoption of drones. With large investments in last-mile enhancement initiatives, North America is being set up as one of the global leaders in drone logistics. Distribution network growth due to developing urban air mobility projects is the major driving force for this segment.
Due to the proactive regulatory frameworks coupled with considerable investments in drone technologies, the U.S. is anticipated to witness rapid drone adoption during the forecast period. In January 2022, Wingcopter secured a deal worth USD 16 million from Spright for eVTOL delivery drones as part of using drones for healthcare logistics. Moreover, initiatives like UAS integration pilot programs by the FAA encourage more and more integrations of drones into the mainstream supply chains of various industries.
With continuous government support and a growing private sector, Canada is becoming one of the emerging countries in North America market. The government in the country has minimized regulatory barriers to enable the use of commercial drones across industries. Additionally, investments in drone corridors and beyond-visual-line-of-sight (BVLOS) operations are solidifying the country's market position, while plans to expand services into urban and rural areas are being strategized. Companies are also developing partnerships with indigenous communities to make sure the drone technology will serve remote areas.
Asia Pacific Market Analysis
Asia Pacific drone logistics and transportation market is anticipated to grow at CAGR of over 54% between 2024 and 2037. Government initiatives, technology investments, and the increasing adoption of drones for commercial logistics drive the growth in this region. Supply chains are modernizing through investments in smart city initiatives and drone delivery networks. Moreover, with the development of regulatory ecosystems, countries such as Japan and South Korea are now engaging in activities that are likely to spur innovation during the forecast period.
China is one the leading countries in Asia Pacific drone logistics and transportation market, propelled by government incentives and a strong manufacturing hub. The government has also invested significantly in drone infrastructure in order to build better domestic logistics. Additionally, large-scale urban air mobility trials, along with integrating drones with AI-powered logistics platforms, have accelerated the dominance of China in the global market.
Similarly, India has also been witnessing rapid growth in drone logistics, driven by government-backed initiatives such as the Medicine from the Sky project. In June 2024, Blue Dart partnered with Skye Air to commence drone deliveries, illustrating the country’s commitment to using drones for healthcare logistics. Moreover, the policy reforms being carried out by the government include providing subsidies for drone startups and making progress regarding drone traffic management systems to further drive the use of drones in different industries, especially in rural and remote areas.
Author Credits: Saima Khursheed
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