Agricultural Drone Market
Agricultural Drones Market Size was valued at USD 0.95 billion in 2022. The Agricultural Drones market industry is projected to grow from USD 1.21 Billion in 2023 to USD 8.39 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 27.40% during the forecast period (2023 - 2032).
Regional analysis for agricultural drone market forecast is studied in different geographic regions such as North- America, Europe, Asia-Pacific and rest of world. North America has acquired the largest market share in Agricultural Drone Market due to growth in use of drones in California vineyard for making better wine. Europe is the second largest region leading which is driven by crop spraying methods which has led to precise and accurate spraying of pesticides and chemicals on slopes. Asia-Pacific region drives India in boosting its agricultural sector under the mission ‘Make in India’ which increases the need of agricultural drones in market.
Market Segmentation:
Agricultural Drone Market is segmented on the basis of component and application. The component segment consists of hardware and software sub-segments. The hardware segment includes fixed-wing, rotary blade and hybrid. The software segment includes data management, imaging software and data analysis. The application segment consists of field mapping, crop scouting, variable rate application, crop spraying, livestock and agricultural photography. By component segment, rotary blade drones are faster to set up in the field and can take off and land easily. These drones are easy to operate and have ability to fly more precisely in conditions where the turns are sharp. These drones are easy to operate for inexperienced users to make drones take off and land easily.
Key Players:
The agricultural drone market major players are Aero Vironment Inc. (Us), Dji (China), Parrot Drones (France), Trimble Inc. (Us), Yamaha Motor Company (Japan), 3d Robotics (California), Aeryon Labs (Canada), Ageagle Aerial Systems,Inc. (Us), Avular Bv (Netherlands), Blue Sky Agro (India), Draganfly Innovations (Canada), Dronedeploy (Us), Effidence (France), Precisionhawk (Us), Resson Aerospace Corporation (Canada), Sentera,Inc. (Us)
Regional analysis:
Regional analysis for Agricultural Drone Market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America market is identified as fastest growing market in order to make smarter decisions in production of crops such as where to harvest, which plants need more nutrients, which areas need more water and which need less. Europe is dominating the market for the use of agricultural drones due to the awareness among farmers to attend agricultural shows that help them realize the GPS devices installed in tractors to carry out target crop treatments with precision and accuracy.
Table Of Contents
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Agricultural Drones Market, By System
8 Global Agricultural Drones Market, By Component
9 Global Agricultural Drones Market, By Application
10 Global Agricultural Drones Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Other Prominent Players In The Market
Related reports:
· Drones Market by Type (Fixed-Wing and Multi-Rotor), By Capability (Passenger Drones and Cargo; Drones), By Capacity (Up to 100 kg and Over100 kg),By Application (Agriculture (Field Mapping, Field Mapping, Crop Spraying, Agricultural Photography, Precise Agriculture; Management, Agriculture Insurance; Inspection), Industry (Construction, Oil Gas, Mining, Logistics, Aviation, Telecom)), Component(Airframe, Payload, Guidance Navigation Control, Propulsion System) Forecast 2030
· Drone Sensor Market, by Sensor Type (Inertial Sensor, Image Sensor, Speed and Distance Sensor, Position Sensor, Pressure Sensor, Light Sensor, Current Sensor, Others) Platform Type (VTOL, Fixed-Wing, Hybrid), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Air Pressure Measurement), End-User (Construction, Media & Entertainment, Precision Agriculture, Personal, Security & Surveillance, Defense, Law Enforcement, Transportation, Others) — Forecast till 2027
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