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Where are all the Drones?

Jenny Pizarro • 10/05/2022
While drones have yet to revolutionize delivery services, they are making a bigger impact than you might think.

Drones

Jeff Bezos tantalized the world almost 10 years ago with the idea of door-to-door drone delivery services. The commercial drone industry has grown rapidly since—a $27.4 billion drone market today is expected to more than double by 2026. While Amazon may not be delivering packages to your front door any time soon, that doesn’t mean drones have yet to make an impact on delivery services. In fact, they’ve been hard at work in many sectors, including the warehouse logistics industry.

DronesIn this article, learn how drones are making an impact with:

  • Warehouse fulfillment
  • Inventory management
  • Brick-and-mortar retailers
Read the full article

Figure 1:The $27.4 billion drone market today is expected to more than double to approximately $60 billion by 2026 with a compound annual growth rate (CAGR) of 16.3%.

Figure 2: One industry that has lagged others, yet is forecasted to grow the fastest in the near term: the delivery and logistics segment. It’s expected to experience a CAGR of 60% from 2021 to 2028.

Figure 3:In a recent Cushman & Wakefield survey of tenant preferences, it’s clear that big-box tenants—500,000+ square feet— prefer larger clear heights (36’ or higher).

Figure 4:Material Handling Exchange estimates that it would take approximately 80 people with handheld scanners and forklifts three days to complete a typical stock count for an average size uniform warehouse. One drone can complete the same job in two days, on its own and without forklifts.

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