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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Agriculture Drone Market Size
The global agriculture drone market reached a value of about USD 2681.31 million in 2023. The industry is further expected to grow at a CAGR of about 40.60% in the forecast period of 2024-2032 to reach a value of around USD 57573.91 billion by 2032.
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.*
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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.
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