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Drone Delivery Services: The Future of Transportation & Logistics?

The mass adoption of the internet and the rise of an on-demand economy has increased the need for fast and affordable delivery services. We need things delivered to our doorstep whether it is online shopping, booking tickets, buying food, getting parcels or ordering groceries. Companies are investing heavily in innovation and technology to make the last mile delivery more efficient and cost-effective.

Technological advances have made it possible for drones to be an alternative for traditional delivery services. It can work without human intervention, cut down costs, and deliver products in a matter of hours.

Today we will explore the future of drones and logistics finding out how they can be used for every day delivery.

How Do Drones Help?

Drone is a small aircraft which can be flown without the need of a human pilot. Generally, drones have several fans similar to helicopters which enable it to fly. Drones can carry small objects and items such as cameras which can collect visual information. Currently, many companies are working on drones which can carry other objects with increased loads and higher speeds.

Drones are also known as Unmanned Aerial Vehicles (UAV) and can be controlled through remote control by a pilot on the ground or through autonomous ways. Drones have been used by the military for surveillance and carrying out operations. They also had some civil applications such as firefighting, policing and security work.

The market of Unmanned Aerial Systems (UAS) stood at $609 million in 2014 and predicted to reach $4.8 billion by 2021. A huge number of applications for drones are on the horizon such as geographical and land mapping, monitoring of fuel and power lines, package delivery, agricultural uses and so on.

 

Current Players

 

Drones are being used and experimented by many companies, agencies and individuals. The drone market includes many players consisting of retailers, drone manufacturers and logistics companies. Let’s take a brief look at them-