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Global Agriculture Drone Market Size, Share, Forecast: By Product: Fixed Wing, Rotary Blade, Hybrid; By Application: Field Mapping, Variable Rate Application, Crop Scouting, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Value Chain Analysis; Competitive Landscape; 2024-2032
Innovative Technologies Boosting the Market Growth of Agriculture Drone
Agriculture drones have become more prominent in the overall agriculture market as a result of increased technological advancements in equipment and are used for improving the quality of farming techniques. Modernisation and automation have become a positive trend in agriculture as it has become the most efficient way to meet the needs of a fast-rising population. Thus, the rapidly increasing population, along with the availability of arable farms and government support through subsidies are the major factors driving the adoption of agriculture drones. Increased automation in the agricultural process because of the shortage of skilled farmers and an ageing farmer population is also expected to boost the market growth. A favourable shift in regulatory policy is also expected to allow start-ups to work in both small and large farming operations, assisting with disease and water management.
Over the forecast period, advancements in precision agriculture, combined with GPS mapping innovations, are expected to propel the industry forward. Drones have the potential to improve plantation with crop rotation strategies and provide critical inputs about crop progress on a daily basis, contributing to the market growth. Companies in the industry are developing and manufacturing data collection systems and incorporating them into business models, which is expected to further boost industry growth. Farmers can use the data collected by drones to improve yields, supply water, fertiliser, or chemicals as needed, map their fields, check for disease, monitor crop health, and save time in the process, which is projected to enable the increased adoption of the product over the forecast period.
Agriculture Drone Market Report Snapshots
Agriculture Drone Market Growth
Agriculture Drone Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Agriculture Drone Market Analysis
8.1 Key Industry Highlights
8.2 Global Agriculture Drone Historical Market (2018-2023)
8.3 Global Agriculture Drone Market Forecast (2024-2032)
8.4 Global Agriculture Drone Market by Product
8.4.1 Fixed Wing
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Rotary Blade
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Hybrid
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Agriculture Drone Market by Application
8.5.1 Field Mapping
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Variable Rate Application
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Crop Scouting
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Agriculture Drone Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Agriculture Drone Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Agriculture Drone Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Agriculture Drone Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Agriculture Drone Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Agriculture Drone Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 3D Robotics, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 AeroVironment, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 SZ DJI Technology Co., Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 HoneyComb Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Agribotix, LLC
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Agriculture Drone Market: Key Industry Highlights, 2018 and 2032
2. Global Agriculture Drone Historical Market: Breakup by Product (USD Million), 2018-2023
3. Global Agriculture Drone Market Forecast: Breakup by Product (USD Million), 2024-2032
4. Global Agriculture Drone Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Agriculture Drone Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Agriculture Drone Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Agriculture Drone Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Agriculture Drone Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Agriculture Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Agriculture Drone Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Agriculture Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Agriculture Drone Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Agriculture Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Agriculture Drone Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Agriculture Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Agriculture Drone Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Agriculture Drone Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Agriculture Drone Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 2681.31 million.
The market is projected to grow at a CAGR of 40.6% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach almost USD 57573.91 billion by 2032.
The major drivers of the market include the increasing population, availability of arable farms, support by various governments through subsidies, innovations in the GPS mapping, and the increasing automation.
The increasing technological advancements in equipment and latest enhancements in the quality of the farming techniques by the market players are the key trends propelling the growth of the market.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading products of agriculture drone in the market are fixed wing, rotary blade, and hybrid.
The significant applications of agriculture drone in the market are field mapping, variable rate application, and crop scouting, among others.
The key players in the global agriculture drone market are 3D Robotics, Inc., AeroVironment, Inc., SZ DJI Technology Co., Ltd., HoneyComb Corporation, and Agribotix, LLC, among others.
Analyst Review
The global agriculture drone market attained a value of almost USD 2681.31 million in 2023, driven by the technological advancements. Aided by the increasing population, government support, and the lack of skilled farmers, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 40.6%. The market is projected to reach nearly USD 57573.91 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of product, the market is divided into fixed wing, rotary blade, and hybrid. Based on the application, the market can be segmented into field mapping, variable rate application, and crop scouting, among others. The major regional markets for agriculture drone are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are 3D Robotics, Inc., AeroVironment, Inc., SZ DJI Technology Co., Ltd., HoneyComb Corporation, and Agribotix, LLC, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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