Global Drones for Livestock Management Market, By Offering (Hardware, Fixed Wing, Rotary Wing, Hybrid Wing and Software), Component (Cameras, Batteries, Navigation Systems and Others), Application (Cattle Farming, Cattle Herding, Cattle Monitoring and Farm Security), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global Drones for Livestock Management Market
The drones for livestock management market is expected to witness market growth at a rate of 31.2% in the forecast period of 2022 to 2029 and is expected to reach USD 19.58 billion by 2029. Data Bridge Market Research report on drones for livestock management market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the world population is escalating the growth of drones for livestock management market.
Drones are currently rapidly gaining attention in the crop production business. Farmers are now discovering several uses of drones such as to scout for weeds, pests, and nutrient deficiencies. The use cases of drones are helping ranchers see and manage the ranch even from being miles apart.
Major factors that are expected to boost the growth of the livestock management market in the forecast period are the rise in the venture funding for development of agriculture drones and the accessibility of software solutions for field survey and data analytics. Furthermore, the growing adoption of precision farming solutions is further anticipated to propel the growth of the livestock management market. Moreover, the increasing need for a decrease in the cost related to the human error is further estimated to cushion the growth of the livestock management market. On the other hand, the concerns regarding the Security and safety related to the civil and commercial application of drones is further projected to impede the growth of the livestock management market in the timeline period.
In addition, the growing demand for drones will further provide potential opportunities for the growth of the livestock management market in the coming years. However, the dearth of technical knowledge amongst the farmers might further challenge the growth of the livestock management market in the near future.
This drones for livestock management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 drones for livestock management 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 Drones for Livestock Management Market Scope and Market Size
The drones for livestock management market is segmented on the basis of offering, component, and application. The growth among segments helps you analyse 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 offering, the drones for livestock management market is segmented into hardware, fixed wing, rotary wing, hybrid wing and software.
- On the basis of component, the drones for livestock management market is segmented into cameras, batteries, navigation systems and others.
- On the basis of application, the drones for livestock management market is segmented into cattle farming, cattle herding, cattle monitoring and farm security.
Drones for Livestock Management Market Country Level Analysis
The drones for livestock management market is analysed and market size, volume information is provided by country, offering, component, and application as referenced above.
The countries covered in the drones for livestock management market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America dominates the drones for livestock management market due to the suitable initiatives taken by the government. Furthermore, the growing investments by venture capitalists will further boost the growth of the drones for livestock management market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the drones for livestock management market due to the rise in the adoption of smart agriculture techniques. Moreover, the increase in the population, accessibility of arable farms, and government support through subsidies is further anticipated to propel the growth of the drones for livestock management market in the region in the coming years.
The country section of the drones for livestock management market 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 such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Drones for Livestock Management Market Share Analysis
The drones for livestock management 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 drones for livestock management market.
Some of the major players operating in the drones for livestock management market are DJI, PRECISIONHAWK, Trimble Inc., Parrot Drone SAS, 3DR, AeroVironment, Inc., Yamaha Motor Corporation, DroneDeploy, AgEagle Aerial Systems Inc., OPTiM Corp., America Robotics, Inc., IAI, Delair., Nile Works, SlantRange, Inc., and Atmos UAV among others.
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