Cargo Drones Market Growth, Key Trends & Factor Driving Industry till 2030

Cargo Drones Market

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Cargo Drones Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Cargo Drones Industry Analytical Overview (2025-2030): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Cargo Drones Market size was valued at USD 1.78 Billion in 2024 and is projected to reach USD 9.35 Billion by 2030.  The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2025 to 2030.

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What is Included in Cargo Drones Market Segmentation?

The report has segmented the market into the following categories:

By Solution

– Platform- Market Size & Forecast 2020-2030, USD Million

– Software- Market Size & Forecast 2020-2030, USD Million

– Infrastructure- Market Size & Forecast 2020-2030, USD Million

By Propulsion

– Gasoline-powered- Market Size & Forecast 2020-2030, USD Million

– Electric- Market Size & Forecast 2020-2030, USD Million

– Hybrid- Market Size & Forecast 2020-2030, USD Million

– Others- Market Size & Forecast 2020-2030, USD Million

By Product Type

– Fixed-wing- Market Size & Forecast 2020-2030, USD Million

– Rotary-wing- Market Size & Forecast 2020-2030, USD Million

– Hybrid- Market Size & Forecast 2020-2030, USD Million

By Payload

– 0.5- 10 Kg- Market Size & Forecast 2020-2030, USD Million

– 11-50 Kg- Market Size & Forecast 2020-2030, USD Million

– 51-150 Kg- Market Size & Forecast 2020-2030, USD Million

– 151-250 Kg- Market Size & Forecast 2020-2030, USD Million

– 251-500 Kg- Market Size & Forecast 2020-2030, USD Million

– 501-750 Kg- Market Size & Forecast 2020-2030, USD Million

– >Above 750 Kg- Market Size & Forecast 2020-2030, USD Million

By Range

– Close-range (< 10 Km)- Market Size & Forecast 2020-2030, USD Million

– Short-range (11 to 50 Km) – Market Size & Forecast 2020-2030, USD Million

– Mid-range (51 to 300 Km) – Market Size & Forecast 2020-2030, USD Million

– Long-range (>300 Km) – Market Size & Forecast 2020-2030, USD Million

By End User

– Retail- Market Size & Forecast 2020-2030, USD Million

– Healthcare- Market Size & Forecast 2020-2030, USD Million

– Agriculture- Market Size & Forecast 2020-2030, USD Million

– Defense- Market Size & Forecast 2020-2030, USD Million

– Maritime- Market Size & Forecast 2020-2030, USD Million

– Others- Market Size & Forecast 2020-2030, USD Million

By Region

– North America

– South America

– Europe

– The Middle East & Africa

– Asia-Pacific

In 2023, North America had the highest market share in the global cargo drones market driven by the growing. The usage of cargo drones is in the trial phase by the US Navy. In 2023 the US Air Force has already contracted a local cargo drone manufacturer Viz. Silent Arrow to supply long-range cargo drones. In the same year, Piasecki Aircraft won a contract from the US Army to provide heavy-lift vertical takeoff and landing (HVTOL) drones. Apart from these, several other companies such as Mightfly, Elroy Air, Leidos, etc., are working in collaboration with the US defense forces to serve their logistics requirements. However, Asia Pacific is expected to soar at an exponential pace driven by the magnanimous drone infrastructure of China. The presence of the entire value chain of cargo drone manufacturers is expected to transform China into the growth engine of the cargo drone sector during the forecast period.

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Key Factor Driver Cargo Drones Industry Growth by 2030

Global Efforts on Reducing Carbon Emission from the Transportation Industry: The global transportation industry has been facing the headwinds of numerous multinational institutions to reduce their carbon footprints. The aviation industry is one of the major contributors of the Chloroflouro carbons, while trucks used for transportation are contributing immensely to the emission of carbon. Therefore, cargo drones are emerging as another dimension to greener and faster modes of transportation. According to the research conducted by Carnegie Mellon University and SRI International, the carbon emission by a truck per package was around 1 kg in the US in 2023.

However, package delivery through a cargo drone roughly generated 54% less carbon. Moreover, it has been found that cargo drones could minimize energy consumption by 90% and Greenhouse gas emissions by more than 30%. Therefore, the companies such as Amazon, UPS, DHL, Google, etc., are increasingly working with cargo drone manufacturers to gradually integrate drone-based logistics solutions.

Who are the Key Players Operating in the Cargo Drones Industry?

The top companies of the Cargo Drones market ruling the industry are:

  • Dronamics
  • UAVOS Inc.
  • NATILUS
  • Silent Arrow
  • Volocopter GmbH
  • Ehang Holdings Ltd.
  • Elroy Air
  • ARC Aerosystems
  • Pipistrel
  • The Boeing Company
  • Airbus
  • Singular Aircraft
  • SkyDrive Inc.
  • Sabrewing Aircraft Company
  • Aviation Industry Corp

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FAQs (Frequently Ask Questions)

  1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
  2. What are the trends influencing the current scenario of the Cargo Drones Market?
  3. What are the key factors that would propel and hinder the industry?
  4. Which geographical area dominates the Cargo Drones industry?
  5. Which is the Leading segment in the market?

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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