Global Agriculture Drone Market – Industry Trends and Forecast to 2028

Market Analysis and Insights : Global Agriculture Drone Market

Agriculture drone market size is valued at USD 1,592.4 million by 2028 is expected to grow at a compound annual growth rate of 20.10% in the forecast period of 2021 to 2028. Data Bridge Market Research report on agriculture drone provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.

Agriculture drones are basically a specialized unmanned aerial vehicle which play an important role in the monitoring of crop growth, agriculture operations and optimization of crop processing basically increasing their farm yields. They also spray crops with insecticides and pesticides, therefore minimizing farmers’ contact with these harmful chemicals along with saving time, minimizing expense and taking less labour.

The surging automation in agriculture, demand for long term sustainable agriculture, growing e-agriculture or information and communication technologies in agriculture across the globe are expected to drive the market’s growth over the forecast period of 2021 to 2028. The rising awareness associated with benefits of drones also influence the growth of the market as they are cheap and economical way to manage farming, as they conserve water, spray faster than manual spraying and even saves chemicals which inclines farmers towards adoption of agricultural drones. Additionally, the lack of skilled farmers coupled with the labour crisis during the lockdown period is significant driver for the market’s growth.

Moreover, the growing emphasis on enhancing agriculture efficiency and advancements in sensors, sizes and other components have successfully developed mini autonomous and unmanned rotorcrafts which are expected to create various new opportunities that will lead to the lift in the growth of the agriculture drone market in the above mentioned forecasted period.

However, the factors such as air traffic management which closely monitors economical and safe transportations and the high cost associated with agricultural drones are expected to act as the major limitations for the growth of agriculture drone in the above mentioned forecasted period, whereas the stringent regulations and low awareness regarding the drones/unmanned aerial vehicle (UAV) across the globe can challenge the agriculture drone market growth in the forecast period of 2021 to 2028.

This agriculture drone market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agriculture drone market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Agriculture Drone Market Scope and Market Size

Agriculture drone market is segmented on the basis of type, product, battery life, components, mode of operation, range, technology and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

• On the basis of type, the agriculture drone market is segmented into fixed-wing drones, multi-rotor drones and hybrid drones.
• On the basis of product, the agriculture drone market is segmented into software and hardware. The hardware is sub-segmented into frames, control systems, propulsion system, navigation system, payload, avionics and others. The software is also sub-segmented into imaging software, data management software, data analytics software and others.
• On the basis of battery life, the agriculture drone market is segmented into < 30 minutes, 30-60 minutes, 60-100 minutes and > 100 minutes.
• On the basis of components, the agriculture drone market is segmented into flight controllers, propulsion systems, camera system, batteries and global positioning system.
• On the basis of mode of operation, the agriculture drone market is segmented into fully-autonomous, semi-autonomous and remotely operated.
• On the basis of range, the agriculture drone market is segmented into extended visual line of sight, beyond line of sight and visual line of sight.
• On the basis of technology, the agriculture drone market is segmented into GNSS, obstacle detection and collision avoidance technology, drone analytics and others.
• On the basis of application, the agriculture drone market is segmented into spraying, field mapping, scouting, soil and field analysis, crop monitoring, health assessment, irrigation, crop spraying, aerial planting, precision agriculture, livestock monitoring, agricultural photography, precision fish farming and others.

Agriculture Drone Market Country Level Analysis

Agriculture drone market is analysed and market size, volume information is provided by type, product, battery life, components, mode of operation, range, technology and application as referenced above.

The countries covered in the agriculture drone market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).

North America is estimated to dominate the agriculture drone market due to the high adoption of technological advancement in agriculture, demand for enhanced productivity and friendly policies supporting the deployment of commercial drones for agricultural activities in the region. Asia Pacific are expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 owing to high dependency on agriculture, rapid technological developments  and the massive investments to make agriculture more technology-driven.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Agriculture Drone Market Share Analysis

Agriculture drone market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to agriculture drone market.

The major players covered in the agriculture drone market report are 3DR, AeroVironment Inc., AGCO Corporation, AgEagle Aerial Systems Inc., Delair, DroneDeploy, Trimble Inc., GoPro, Inc., Parrot Drone SAS, Yamaha Motor Co., Ltd., OPTiM Corp., Sentera, Insitu Pacific Pty Ltd, ALTI UAS (PTY) LTD, senseFly, AgEagle Sensor Systems Inc., Pix4D SA, DJI, DroneDeploy, Croptracker among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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