Global Commercial Last-Mile Drone Delivery Growth Opportunities

Global Commercial Last-Mile Drone Delivery Growth Opportunities

Environmental Concerns Regarding Carbon Emissions Propel Drone Technology Adoption in the Logistics Sector

RELEASE DATE
30-Aug-2023
REGION
Global
Deliverable Type
Market Research
Research Code: K953-01-00-00-00
SKU: AE_2023_115
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Description

This Frost & Sullivan study explores the innovative use of drones in commercial last-mile deliveries in the global logistics industry. Drones for commercial last-mile deliveries have experienced growth following their use during the COVID-19 pandemic, as part of a large-scale effort to encourage contactless deliveries. Drones for this use-case have also proved that the logistics industry has a cost-effective alternative to reduce carbon emissions for suburban deliveries. While the idea of drone deliveries seems futuristic, many businesses have started daily drone operations to deliver a wide range of products around the world—from medical supplies in Malawi to groceries or fast food in the United States and Australia.

However, despite several factors propelling adoption, global regulatory frameworks are yet to adapt to these new conditions and technological advances, limiting end users from fully leveraging drone technology's benefits. More importantly, high costs challenge the industry as businesses are hesitant to invest in the technology due to a lack of a coherent regulatory framework, restraining widespread adoption. Moreover, global policymakers must coordinate air traffic management systems to accommodate drones in environments with high air traffic.

With 2022 as the base year and 2022-2027 as the study period, the study examines future growth opportunities, including drone-assisted truck deliveries and hybrid vertical take-off and landing (VTOL) fixed-wing drones for commercial last-mile deliveries. Frost & Sullivan offers recommendation that logistics industry participants can consider to leverage these opportunities and grow.

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Commercial UAS Last-Mile Delivery Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope

Overview/Trends/Challenges

Different Types of Drone Systems Used for Last-Mile Deliveries

UAS Adoption Degree for Last-Mile Commercial Deliveries by Segment

Key Application Areas for Last-Mile Commercial Drone Deliveries

Growth Metrics

Revenue Forecast

Comparison of Different Types of UAS for Commercial Last-Mile Deliveries

Key Factors Driving Market Growth

5 Major Growth Areas

Key Regions and Market Participants

Significant Partnerships between Developers of UAS Solutions for Last-Mile Deliveries and External Companies, 2020–2023

Growth Drivers

Growth Restraints

Growth Opportunity 1—Drone-assisted Truck Delivery

Growth Opportunity 1—Drone-assisted Truck Delivery (continued)

Growth Opportunity 2—Solutions for the Final Step of Commercial UAS Last-Mile Deliveries

Growth Opportunity 2—Solutions for the Final Step of Commercial UAS Last-Mile Deliveries (continued)

Growth Opportunity 3—Hybrid VTOL Fixed-Wing Drones for Commercial Last-Mile Deliveries

Growth Opportunity 3—Hybrid VTOL Fixed-Wing Drones for Commercial Last-Mile Deliveries (continued)

List of Exhibits

Legal Disclaimer

This Frost & Sullivan study explores the innovative use of drones in commercial last-mile deliveries in the global logistics industry. Drones for commercial last-mile deliveries have experienced growth following their use during the COVID-19 pandemic, as part of a large-scale effort to encourage contactless deliveries. Drones for this use-case have also proved that the logistics industry has a cost-effective alternative to reduce carbon emissions for suburban deliveries. While the idea of drone deliveries seems futuristic, many businesses have started daily drone operations to deliver a wide range of products around the world—from medical supplies in Malawi to groceries or fast food in the United States and Australia. However, despite several factors propelling adoption, global regulatory frameworks are yet to adapt to these new conditions and technological advances, limiting end users from fully leveraging drone technology's benefits. More importantly, high costs challenge the industry as businesses are hesitant to invest in the technology due to a lack of a coherent regulatory framework, restraining widespread adoption. Moreover, global policymakers must coordinate air traffic management systems to accommodate drones in environments with high air traffic. With 2022 as the base year and 2022-2027 as the study period, the study examines future growth opportunities, including drone-assisted truck deliveries and hybrid vertical take-off and landing (VTOL) fixed-wing drones for commercial last-mile deliveries. Frost & Sullivan offers recommendation that logistics industry participants can consider to leverage these opportunities and grow.
More Information
Deliverable Type Market Research
Author Juan Perl
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Autonomous Last Mile Delivery Market
Keyword 2 Drone Package Delivery Market
Keyword 3 Last-Mile Delivery Market
Podcast No
WIP Number K953-01-00-00-00