Agriculture Drones Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: AeroVironment, Inc. (NASDAQ: AVAV), AgEagle Aerial Systems Inc. (NYSEAMERICAN: UAVS), Trimble Inc. (NASDAQ: TRMB)

Registering a CAGR of 18.2% over the forecast period, the market value of Agriculture Drones is expected to reach US$ 3600.50 million in the year 2027.

Agriculture Drones Market Overview

An agricultural drone, also known as an unmanned aerial vehicle (UAV), aids in crop production and crop growth monitoring. In precision agriculture, drones are used for a variety of tasks such as soil and crop field analysis, planting, and pesticide application.

Agriculture drones are emerging as a profitable sector as commercial drone applications expand over the forecast period. They help farmers by taking snapshots of a wide range of fields and providing critical data about crops and soil to aid in crop management. UAVs used in crop monitoring can significantly increase yields while lowering the cost of aerial filming.

The growing number of applications has influenced the industry to invest heavily in funding UAV-based startups. The industry's venture-backed startups are primarily focused on providing software, hardware, or services, accounting for more than 80% of the market. Drone growth may be hampered by a lack of trained pilots and stringent regulations over the forecast period. Agricultural flying robots are being developed by technical institutes and universities, and programs to provide guidance for operating the UAVs are being established, which is expected to improve the industry.

The report aspects discussed the profile of the top manufacturers of the global Agriculture Drones market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Agriculture Drones Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.

Who are the Major Players in the Agriculture Drones Market?

The global Agriculture Drones includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Parrot Drone SAS, DJI, AeroVironment Inc. (NASDAQ: AVAV), AgEagle Aerial Systems Inc. (NYSEAMERICAN: UAVS), PrecisionHawk, Trimble Inc. (NASDAQ: TRMB), DRAGONFLY UAS, Sentera, Inc., Microdrones, Dronedeploy and others.

Industry News and Updates:

DJI's Latest AGRAS T20 Drone Makes Agricultural Spraying Easier, Smarter And Safer

2020-11-13-- DJI unveiled its latest crop protection drone, the AGRAS T20, in its crop protection series for agriculture. It can carry a maximum payload of 20 kg and improve spray uniformity by 20% over a distance of seven metres.

Oct. 26, 2021 — AgEagle Unveils the MicaSense RedEdge-P Drone Sensor AgEagle Aerial Systems Inc. (NYSE American: UAVS) has announced the RedEdge-P, MicaSense's latest innovation in cutting-edge drone sensor technology.

The all-new RedEdge-P builds on the legacy of the rugged, high-quality, multispectral sensor that the industry has come to trust by adding the power of a higher resolution, panchromatic band to double the output data resolution. It offers three times the capture speed and twice the spatial resolution of the RedEdge-MXTM.

What are the major Applications, Types, and Regions for the Agriculture Drones Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Fixed Wing


• Rotary Wing


• Hybrid Wing

By Application, it is segmented into

• Spraying


• Field Mapping


• Crop Scouting


• Others

Agriculture Drones Market Regional Analysis

North America is the largest and most advanced market for the adoption of innovative agricultural technologies. With new and advanced technologies and innovative ideas in the modern generation, North America has dominated the market in smart farming. It also improved farm tools using IoT and AI. Farmers in an urbanized region are familiar with smartphones and cutting-edge technology. Farmers can use sensors to determine the peak conditions of plants in the field.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Agriculture Drones Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Agriculture Drones Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Agriculture Drones Market report scope?

Scope of the Report covers the Agriculture Drones Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Agriculture Drones Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Agriculture Drones Report

• Evaluate Agriculture Drones market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Agriculture Drones market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Agriculture Drones Market is studied from 2017 - 2027.

What is the growth rate of the Agriculture Drones Market?

The Agriculture Drones Market is growing at a CAGR of 18.2% over the next 5 years.

Who are the key players in Agriculture Drones Market?

Parrot Drone SAS, DJI, AeroVironment, Inc., AgEagle Aerial Systems, Inc., PrecisionHawk, Trimble Inc., DRAGONFLY UAS, Sentera, Inc., Microdrones, Dronedeploy

What regions does this Agriculture Drones Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Agriculture Drones Market?

Fixed Wing, Rotary Wing, Hybrid Wing

What are the major end-use applications of Agriculture Drones Market?

Spraying, Field Mapping, Crop Scouting, Others

 

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