Market Insights:
The Agriculture Drones Market was valued at USD 2.2 Bn in 2021, at CAGR of 29.4% during the forecast period (2022-2030), and the market is projected to be worth USD 22.3 Bn by 2030.
Driver:
The increased adoption of Agriculture Drones in the Next Generation industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Agriculture Drones also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Agriculture Drones in many sectors also boosts the market growth during the forecast period.
For full field monitoring, drone technology is paired with advanced technologies such as sensors, RGB cameras, and other analytical tools. The world’s rapidly rising population creates a great demand for long-term sustainable agriculture. Drones are the ideal tool for achieving future sustainable food systems. Rapid technology advancements are improving drone capabilities to build 3D maps for real-time agriculture analysis.
Agriculture Drones Market Research Report” was just released by Market Research Community. It is divided into several categories, including application (Field Mapping & Monitoring, Crop Spraying, Crop Scouting, Variable Rate Application, Livestock Monitoring, Others), Components (Hardware (Frames, Control System, Propulsion System, Navigation System, Payload, Avionics, Others) Software (Imaging Software, Data Management Software, Data Analytics Software, Others)) and companies (AEROSPACE INDUSTRIES, Delair, senseFly, Sentera, Trimble Inc., THANOS Botlink, Pix4D SA, Drone Ag, Agremo, Solvi AB, and Sky-Drones Technologies LTD), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 29.4%, over the forecast period of 2022–2030
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 22.3 Billion |
| CAGR (2022-2030) | 29.4% |
| By Components | Hardware (Frames, Control System, Propulsion System, Navigation System, Payload, Avionics, Others) Software (Imaging Software, Data Management Software, Data Analytics Software, Others) |
| By Application | Field Mapping & Monitoring, Crop Spraying, Crop Scouting, Variable Rate Application, Livestock Monitoring, Others |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | AEROSPACE INDUSTRIES, Delair, senseFly, Sentera, Trimble Inc., THANOS Botlink, Pix4D SA, Drone Ag, Agremo, Solvi AB, and Sky-Drones Technologies LTD |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Agriculture Drones market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
AEROSPACE INDUSTRIES, Delair, senseFly, Sentera, Trimble Inc., THANOS Botlink, Pix4D SA, Drone Ag, Agremo, Solvi AB, and Sky-Drones Technologies LTD
Market Segment Analysis:
By Components
Hardware
- Frames
- Control System
- Propulsion System
- Navigation System
- Payload
- Avionics
- Others
Software
Imaging Software
Data Management Software
Data Analytics Software
Others
By Application
- Field Mapping & Monitoring
- Crop Spraying
- Crop Scouting
- Variable Rate Application
- Livestock Monitoring
- Others
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Agriculture Drones industries in the region.
Key Agriculture Drones Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Agriculture Drones Market segments.
– Largest Market Share Held by Industry to Industry for Agriculture Drones
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Agriculture Drones Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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