Global Unmanned Aerial Vehicles in Agriculture Market – Industry Trends and Forecast to 2029

Unmanned Aerial Vehicles in Agriculture Market Analysis and Size

Agriculture requires automation, robotics, information services, and intelligence that combines information and communication technologies (ICT), robotics, information technology, artificial intelligence (AI), big data, and the internet of things to increase food production rates. Smart agriculture is a dynamic field that generates new opportunities for the future.

Data Bridge Market Research analyses that the unmanned aerial vehicles in agriculture market which was growing at a value of 8.20 billion in 2021 and is expected to reach the value of USD 25.97 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Unmanned Aerial Vehicles in Agriculture Market Scope and Segmentation

Market Definition

Unmanned aerial vehicles, also known as drones, are aircraft systems that do not have a human pilot on board. They are also working on missions that could endanger manned aircraft. Drones are also used in monitoring and salvage operations. Prior to a mission, smaller aircraft were used to gather information about hostile areas.

Unmanned Aerial Vehicles in Agriculture Market Dynamics

Drivers

• Adoption of agricultural drones to facilitate field management

The fact that crop yields of rice, white rice, and maize are reduced in warmer climates due to growing of insects is a major factor driving the growth of the agricultural drones market. Due to the scarcity of skilled labour in the fields, farm owners are investing in agricultural drones to achieve shorter lead times in activities such as crop surveillance and seeding, among others, when compared to manual labour. In the case of large acreage field management, the need for agricultural drones has been deemed critical. Furthermore, remote and continuous monitoring of agricultural sites using various features such as infrared cameras, propulsion systems, GPS, customizable controllers, and flight planning will promote the use of agricultural drones to a greater extent.

• Implementation of smart agricultural practices to meet rising food demand globally

Rapid population growth is putting pressure on the agricultural sector around the world to increase productivity in order to meet rising food demand. Farmers are increasingly implementing smart harvest technologies such as harvesting robots, automation, control systems, sensors, and imaging systems to increase profitability and output in less time and at a lower cost. The scarcity of arable land is a major factor driving demand for indoor farming activities and the increased use of remote sensing technologies to reduce labour costs.

Opportunity

Continuous sensor development and an increase in the number of applications across a wide range of industry verticals has fuelled the growth of automation and monitoring systems, allowing business executives to make data-driven decisions. Furthermore, increased awareness of predictive maintenance of heavy industrial machinery and other critical setups has benefited end-user industry verticals. As a result of the reduction in battery-powered sensors and lower maintenance costs, this is expected to increase demand for agricultural drones.

Restraints

Lack of proper air traffic management and a scarcity of skilled and trained professionals will likely act as market restraints for the growth of unmanned aerial vehicles in agriculture during the forecasted timeframe. The biggest and most pressing challenge for the market's growth will be safety and security concerns and restrictions on commercial usage.

This unmanned aerial vehicles in agriculture 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 the unmanned aerial vehicles in agriculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Unmanned Aerial Vehicles in Agriculture Market

The pandemic has disrupted most manufacturing and global supply chains, preventing agricultural drone manufacturers from obtaining raw materials and various components required for agricultural drone assembly. However, several countries imposing lockdowns and strict social distancing norms have reduced labour availability, only increasing demand for agricultural drones. Most importantly, covid-19 has impacted global food demand by lowering purchasing power, causing a decline in the global agricultural sector as well as the agricultural drones market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• On February 19, 2022, India's Prime Minister launched 100 domestically manufactured agriculture drones. This follows the recent policy easings and incentives proposed in the Union budget for fiscal year 2022-23. This move is expected to increase investments in the drone industry, particularly in agriculture, which accounts for more than 21% of total GDP, and to create opportunities for youths.
• DJI, a leading manufacturer of agricultural drones, announced the launch of their new products on November 16, 2021, including the T40 and T20P, which are specialised in agricultural activities such as spreading pesticides and spraying fertilisers over fruit trees.
• On January 27, 2021, AgEagle Aerial Systems Inc. (US), a drone manufacturing company, announced the purchase of MicaSense, Inc. from the European group of drone companies- Parrot for more than USD 23 million. Many leading fixed-wing and multicopter drone manufacturers, including DraganFly, senseFly, Quantum-Systems, and Wingtra, have partnerships with the acquired company. MicaSense has also patented their high precision thermal and multispectral sensors that serve aerial mapping and analytics for the agriculture industry.
• Sentera, a software provider for food and agriculture, announced a Series C funding round of more than USD 25 million on June 10th, 2021. These funds are expected to help the food and agriculture industries deliver AI-enabled decision support.

Global Unmanned Aerial Vehicles in Agriculture Market Scope

The unmanned aerial vehicles in agriculture market is segmented on the basis of class, type, range, Mtow, mode of operation and point of sale. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Class

• Small UAVs
• Nano UAVs
• Micro UAVs
• Mini UAVs
• Strategic and Tactical UAVs
• Close-range (CR) UAVs
• Short-range (SR) UAVs
• Medium-range (MR) UAVs
• Medium-range endurance (MRE) UAVs
• Low-altitude deep penetration (LADP) UAVs
• Low-altitude long endurance (LALE) UAVs
• Medium-altitude long endurance (MALE) UAVs
• High-altitude long endurance (HALE) UAVs
• Special-Purpose UAVs
• Unmanned combat aerial vehicles (UCAVs)
• Loitering UAVs
• Swarm drones
• Lethal UAVs
• Decoy UAVs
• Stratospheric UAVs
• Exo-stratospheric UAVs

Type

• Fixed-Wing UAVs
• Fixed-Wing VTOL UAVs
• Rotary-Wing UAVs
• Single rotor UAVs
• Multi rotor UAVs
• Bicopters
• Tricopters
• Quadcopters
• Octocopters

Range

• Visual Line of Sight UAVs
• Extended Visual Line of Sight UAVs
• Beyond Line of Sight UAVs

Mtow

• <25 Kilograms
• 25-170 Kilograms
• >170 Kilograms

Mode of operation

• Remotely Piloted
• Optionally Piloted
• Fully Autonomous

Point of sale

• Original Equipment Manufacturer (OEM)
• Aftermarket

Unmanned Aerial Vehicles in Agriculture Market Regional Analysis/Insights

The unmanned aerial vehicles in agriculture market is analysed and market size insights and trends are provided by country, class, type, range, Mtow, mode of operation and point of sale as referenced above.

The countries covered in the unmanned aerial vehicles in agriculture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, 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), Brazil, Argentina and Rest of South America as part of South America.

The United States dominates the North American unmanned aerial vehicles in agriculture market due to the growing number of applications in the military and defence sectors, whereas the Asia-Pacific region is expected to grow during the forecast period of 2022-2029 due to the region's growing number of commercial applications.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact 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 Unmanned Aerial Vehicles in Agriculture Market Share Analysis

The unmanned aerial vehicles in agriculture 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, Global presence, production sites and facilities, production capacities, 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 unmanned aerial vehicles in agriculture market.

Some of the major players operating in the unmanned aerial vehicles in agriculture market are:

• lbit Systems Ltd. (Israel)
• Northrop Grumman Corporation (U.S.)
• General Atomics (U.S.)
• AeroVironment, Inc. (U.S.)
• Lockheed Martin Corporation (U.S.)
• Israel Aerospace Industries Ltd. (Israel)
• Parrot S.A.(France)
• Microdrone GmbH (Germany)
• PrecisionHawk Inc (U.S.)
• SZ DJI Technology Co., Ltd (China)
• 3D Robotics (U.S.)
• Textron Inc. (U.S.)
• Boeing Aeronautics (U.S)
• Saab AB (Sweden)
• BAE Systems plc (U.K.)
• Ehang (China)
• Raytheon Company (U.S.)
• Turkish Aerospace Industries (Turkey)
• Yuneec International (China)

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