The Global Agriculture Drone Market is forecast to reach USD 13.31 Billion by 2028, according to a new report by Reports and Data. Agriculture drones are unmanned aerial vehicles (UAV) primarily used to perform the survey of farms. This technology aids the agricultural decision in collecting information, storing it for future use, combining it, and using for analysis. They also help in maintaining the precision of the level of insecticides and pesticides used on the crops. They also monitor the irrigation system and the performance of the labor.
Factors boosting the market growth are the high awareness about agricultural drones, investment into venture funding, and advancement in farming technology that boosts productivity. Increase in demand for high yield and initiatives taken by the government to support the agricultural sector will encourage the growth of the market.
Drones provide quick information, have a low cost of operations, and can readily access to areas that are hard to reach by cars and boats. However, drones are limited by weather conditions such as the speed of the wind.
However, lack of trained pilots and air traffic management are hampering the growth of the market. Revolution of the farming sector from traditional to digitalization will increase the demand for software used to design and maintain drones, especially in emerging nations such as China and India.
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The global Agriculture Drones market research report covers study of competitive landscape, product analysis, application analysis, regional analysis, revenue assessment, cost structure analysis, and revenue forecast up to 2028. The report uses advanced analytical tools to research, gather, and analyze data. The in-depth research report has been formulated through extensive primary and secondary research and further corroborated from industry experts, professionals, and research analysts. The report covers a complete analysis of the Agriculture Drones industry and offers the reader a competitive advantage to stay ahead of the other players.
Key companies operating in the global market and profiled in the report:
Honeycomb Corporation, Parrot SA, Ageagle LLC, DJI Technology, AeroVironment Inc., Yamaha Motor Co. Ltd., Ursula Agriculture, Delair-Tech SAS, Trimble Navigation Limited and Precisionhawk, among others.
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The report offers a comprehensive analysis of the key geographical regions to provide insights into key factors influencing market growth in the regions. Production and consumption ratio, import/export analysis, supply and demand, consumer behavior and demands, current and emerging trends, regulatory framework, strategic alliances, technological advancements, economic growth, and robust presence of key players in each region. The report also covers an extensive country-wise analysis to provide better understanding of the market growth in each key region of the world and help investors, stakeholders, and clients to capitalize on lucrative growth opportunities.
Regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific(India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America(Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Agriculture Drones Market Segmentation:
Component Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)
- Software and Services
Integrant Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)
- Controller System
- Propulsion System
- Camera System
- Navigation System
Application Outlook (Volume, Thousand Units; Revenue, USD Billion; 2020-2028)
- Crop Scouting
- Field Mapping
- Livestock Monitoring
- Smart Greenhouse
- Crop Spraying
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