Global Rotary Agricultural Drone Market, By Component (Frames, Controller systems, Battery, Propulsion Systems, Others), Application (Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock Monitoring, Agricultural Photography), Size (Small, Medium, Large), Battery Life (100 Minutes), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, 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, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Rotary Agricultural Drone Market
The rotary agricultural drone market will reach at an estimated value of USD 3.56 billion and is expected to grow at a CAGR of 6.70% in the forecast period 2021 to 2028. Rise in the pressure on global food supply due to growing world population is the major factor driving the growth of rotary agricultural drone market in the forecast period of 2021-2028.
Agricultural drone or unmanned aerial vehicle (UAV), unlike commercial drones, is applied in crop production for multispectral images, digital imaging and near-infrared view of crops. These drones find a gamut of applications for crop analysis, field mapping, and agricultural photography due to their benefits in the agriculture sector.
Increase in venture funding for development of agriculture drones is the vital factor escalating the market growth, also rise in the availability of software solutions for field survey and data analytics, rise in the population, rise in the growth in e-agriculture or information and communication technologies (ICTs) in agriculture, rise in the automation in agriculture, increase in the emphasis on enhancing agriculture efficiency, and rise in the need for water conservation across the globe are the major factors among others driving the growth of rotary agricultural drone market. Moreover, increase in the exemptions by US federal aviation administration for use of agriculture drones, increase in the a demand for drones in APAC countries and increase in the adoption of aerial data collection tools in agriculture will further create new opportunities for rotary agricultural drone market in the forecast period of 2021- 2028.
However, increase in the security and safety concerns associated with civil and difficulty in the management of data collected by agriculture drones are the major factors among others acting as restraints, while standardization of communication interfaces and protocols for precision agriculture, lack of technical knowledge among farmers and scarcity of trained pilots will further challenge the growth of rotary agricultural drone market in the forecast period mentioned above.
This rotary agricultural 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 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 the rotary agricultural 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.
Rotary Agricultural Drone Market Scope and Market Size
The rotary agricultural drone market is segmented on the basis of component, application, size and battery life. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- Based on component, the rotary agricultural drone market has been segmented into frames, controller systems, battery, propulsion systems and others.
- Based on application, the rotary agricultural drone market has been segmented into field mapping, crop scouting, variable rate application, crop spraying, livestock monitoring and agricultural photography.
- Based on size, the rotary agricultural drone market is segmented into small, medium and large.
- The rotary agricultural drone market is also segmented on the basis of battery life into <30 minutes, 30-60 minutes, 60-100 minutes and >100 minutes.
Rotary Agricultural Drone Market Country Level Analysis
The rotary agricultural drone market is analyses and market size, volume information is provided by country, component, application, size and battery life as referenced above.
The countries covered in rotary agricultural drone market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, 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, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)
Asia-Pacific dominates the rotary agricultural drone market due to increase in the investments in R&D, to enhance the adoption of agriculture drones, increase in the venture funding, rise in the availability of software solutions for field survey and data analytics, rise in the population and rise in the growth in e-agriculture or information and communication technologies (ICTs) in agriculture in this region. North America is the expected region in terms of growth in the rotary agricultural drone market due to increase in the trend of implementing the UAVs from mowing to ploughing for enhanced productivity in this region.
The country section of the rotary agricultural drone 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 Rotary Agricultural Drone Market Share Analysis
The rotary agricultural drone market report 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 the rotary agricultural drone market report.
The major players covered in the rotary agricultural drone market report are 3DR; DJI; Aeryon Labs Inc.; Parrot Drones SAS; Aurora; Denel SOC Ltd; Draganfly.; Northrop Grumman; Lockheed Martin Corporation; Elbit Systems Ltd.; General Dynamics Corporation; AeroVironment, Inc.; Leptron Unmanned Aircraft Systems, Inc.; PrecisionHawk; YUNEEC; Trimble Inc.; INSITU; senseFly; Xiaomi; Sentera, Inc; AiRXOS, General Electric and QUADROCOPTER 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 analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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