Agriculture Drones Market Size to Reach USD 24.9 Billion, With a CAGR of 29.30% by 2030 – Report by Market Research Future (MRFR)

Research Reports

May 22, 2023

Market Research Future Insights

According to MRFR analysis, the global Agriculture drones market is expected to register a CAGR of 29.30% from 2022 to 2030 and hold a value of over USD 24.9 billion by 2030.

Agriculture drones are unmanned aerial vehicles (UAVs) equipped with sensors, cameras, and other tools that allow farmers to gather data and monitor crops and farmland from the air. Agriculture drones have become increasingly popular in recent years due to their ability to provide farmers with a more efficient way to manage their crops, reduce labor costs, and increase yields.

COVID-19 Impact on Agriculture Drones Market: The COVID-19 pandemic has had a mixed impact on the agriculture drone market. On one hand, the pandemic has increased the demand for food security and precision agriculture, leading to a higher adoption of agriculture drones. On the other hand, supply chain disruptions, workforce shortages, and financial uncertainties have hindered the growth of the market to some extent.

Key players

  • 3DR (US)
  • Ondas Networks (AMERICAN ROBOTICS) (US)
  • ideaForge (India)
  • DroneDeploy (US)
  • MICRODRONES (Germany)
  • PrecisionHawk, Inc. (US)
  • Yamaha Motor Corporation, U.S.A. (US)
  • AeroVironment, Inc. (US)
  • AgEagle Aerial Systems Inc. (US)
  • ISRAEL AEROSPACE INDUSTRIES (Israel)
  • Delair (France)
  • senseFly (Switzerland)
  • Sentera (US)
  • Trimble Inc. (US)
  • THANOS (India)
  • Botlink (US)
  • Pix4D SA (Switzerland)
  • Drone Ag (UK)
  • Agremo (US)
  • Solvi AB (Sweden)
  • Sky-Drones Technologies LTD (UK)

 

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Report Scope:

Parameter

Details

Revenue Forecast in 2030:

USD 24.9 billion

Growth Rate:

CAGR of 29.30% from 2022 to 2030

Forecast Period:

2022 -2030

Report Coverage

Rise in need for precision farming technology

Market Segmentation

The Global Agriculture drones market has been segmented based on product, component and applications.

Based on product: Fixed Wing, Rotary Blade and Hybrid

Based on component: Hardware and Software

Based on application: Irrigation Monitoring, Soil and Crop Field Analysis, Planting and pesticide spraying Field Mapping Crop Scouting Others)

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Regional Analysis

The agriculture drone market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominates the market due to the presence of major agriculture drone manufacturers such as DJI and AeroVironment, and the high adoption rate of precision agriculture technologies in the region. Asia Pacific is expected to witness significant growth during the forecast period due to the increasing adoption of agriculture drones in countries such as China and Japan.

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Tags: Agriculture Drones Market Share, Agriculture Drones Market Demand, Agriculture Drones Market 2030, Global Agriculture Drones Market, Agriculture Drones Market Size, Agriculture Drones market trends, Agriculture Drones Market See Campaign: https://www.marketresearchfuture.com/reports/agriculture-drones-market-10794

Contact Information:

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