Agriculture Drone Market Overview
The in depth use of agriculture drones in seeding, spraying, and stock farming has drawn the eye of venture capitalists. Air traffic management (ATM) is closely associated with safe and economical transport. At present, varied development programs for agriculture drones are chop-chop progressing toward the operational stage. With the large rise in numbers of agriculture drones, appropriate airspace traffic management is required to avoid accidents and collisions.
Recently, the FAA’s tiny UAS Rule (Part 107) has created a significant impact on however drones will and area unit getting used across industries, together with agriculture. Principally involved toward the agricultural business, the foundations counsel the ways in which for the employment of drones by farmers and ranchers, and outline the necessities and provisions to conduct remote sensing operations over farms and ranches.
Smart agricultural devices, together with agriculture drones, communicate through varied interfaces, technologies, and protocols. The shortage of standardization of those communication interfaces and protocols could lead to the false statement of knowledge.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Type, Application, Farm Produce and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | AeroVironment, Inc. , AgEagle Aerial Systems, Inc. , America Robotics , DJI , Israel Aerospace Industries ,Microdrones ,Parrot Drones , PrecisionHawk , Trimble Inc., Yamaha Motor Corp. |
The covid-19 Impact on Agriculture Drone Market:
Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
Agriculture Drone Market Segment Overview
By Drones Offerings, Agriculture drones market for software and services to grow at higher CAGR throughout forecast period .The agriculture drones market for software and services is predicted to grow at the next CAGR throughout the forecast amount. This growth is attributed to high investments being done by the venture capitalists and investors within the start-up companies giving software and analytics to digitalise the data collected by drones; the investments are primarily targeted at mapping, imaging, and information analytics software.
By Application , Precision farming to account for largest share of agriculture drones marketplace for precision farming throughout forecast period .Precision farming helps inspect the condition and health of crops across different soil types and management zones to portray crop health and yield potential.
By farm Produce, fruits and vegetables could be a key part of an agriculture drone since its specifications decide the application that the drone is to be used.
Market Analysis, Insights and Forecast – By Drone Offerings
- Hardware
- Fixed Wing Drones
- Rotary Blade Drones
- Hybrid Drones
- Software and Services
- Data Management Software
- Imaging Software
- Data Analytics Software
- Others
Market Analysis, Insights and Forecast – By Application
· Precision Farming
· Livestock Monitoring
· Precision Fish Farming
· Smart Greenhouse
· Others (Horticulture, orchids, and forestry applications)
Market Analysis, Insights and Forecast – By Farm Produce
· Field Crops
· Fruits & Vegetables
· Dairy & Livestock
· Others (flowers, forestry, and nursery plants)
Agriculture Drone Market Regional Overview
Region-wise, in terms of regions, the market in APAC is predicted to grow at the best CAGR throughout the forecast amount. The rate of adoption of good agriculture techniques is probably going to grow at a high pace during this region, primarily diode by rising countries like Asian nation, China, and countries in Southeast Asia. The rapidly increasing population, convenience of productive farms, and government support through subsidies are the foremost factors driving the adoption of agriculture drones in APAC.
Agriculture Drone Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Agriculture Drone Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Agriculture Drone are highlighted below.
· In March 2020, AeroVironment, Inc. entered into a partnership with Draganfly (Canada) for Draganfly’s distribution of AeroVironment’s Quantix mapper systems to commercial markets worldwide. The agreement additionally enclosed the continuation of different contract engineering services provided by Draganfly to AeroVironment.
Agriculture Drone Market, Key Players
· AeroVironment, Inc.
· AgEagle Aerial Systems, Inc.
· America Robotics
· DJI
· Israel Aerospace Industries
· Microdrones
· Parrot Drones
· PrecisionHawk
· Trimble Inc.
· Yamaha Motor Corp.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Agriculture Drone market during the forecast period?
Agriculture Drone market is expected to record a CAGR of ~ xx% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Agriculture Drone Market?
Software and services segment is projected to hold the largest share in the Agriculture Drone Market
Q3. What are the driving factors for the Agriculture Drone market?
The in depth use of agriculture drones in seeding, spraying, and stock farming has drawn the eye of venture capitalists are key factors that boost the growth of the Agriculture Drone market progressively
Q4. Which Segments are covered in the Agriculture Drone market report?
Type, Application, Farm Produce and Region, these segments are covered in the Agriculture Drone market report
Q5. Which are the prominent players offering Agriculture Drone?
AeroVironment, Inc. , AgEagle Aerial Systems, Inc. , America Robotics , DJI , Israel Aerospace Industries ,Microdrones ,Parrot Drones , PrecisionHawk , Trimble Inc., Yamaha Motor Corp. are some of the key players offering Agriculture Drone
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Agriculture Drone Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Type
- 5.2.1. Hardware
- 5.2.1.1. Fixed Wing Drones
- 5.2.1.2. Rotary Blade Drones
- 5.2.1.3. Hybrid Drones
- 5.2.2. Software and Services
- 5.2.2.1. Data Management Software
- 5.2.2.2. Imaging Software
- 5.2.2.3. Data Analytics Software
- 5.2.2.4. Others
- 5.2.1. Hardware
- 5.3.1. Precision Farming
- 5.3.2. Livestock Monitoring
- 5.3.3. Precision Fish Farming
- 5.3.4. Smart Greenhouse
- 5.4.1. Field Crops
- 5.4.2. Fruits & Vegetables
- 5.4.3. Dairy & Livestock
- 5.4.4. Others (flowers, forestry, and nursery plants)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East, and Africa
6. North America Agriculture Drone Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Type
- 6.2.1. Hardware
- 6.2.1.1. Fixed Wing Drones
- 6.2.1.2. Rotary Blade Drones
- 6.2.1.3. Hybrid Drones
- 6.2.2. Software and Services
- 6.2.2.1. Data Management Software
- 6.2.2.2. Imaging Software
- 6.2.2.3. Data Analytics Software
- 6.2.2.4. Others
- 6.2.1. Hardware
- 6.3.1. Precision Farming
- 6.3.2. Livestock Monitoring
- 6.3.3. Precision Fish Farming
- 6.3.4. Smart Greenhouse
- 6.4.1. Field Crops
- 6.4.2. Fruits & Vegetables
- 6.4.3. Dairy & Livestock
- 6.4.4. Others (flowers, forestry, and nursery plants)
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Agriculture Drone Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Type
- 7.2.1. Hardware
- 7.2.1.1. Fixed Wing Drones
- 7.2.1.2. Rotary Blade Drones
- 7.2.1.3. Hybrid Drones
- 7.2.2. Software and Services
- 7.2.2.1. Data Management Software
- 7.2.2.2. Imaging Software
- 7.2.2.3. Data Analytics Software
- 7.2.2.4. Others
- 7.2.1. Hardware
- 7.3.1. Precision Farming
- 7.3.2. Livestock Monitoring
- 7.3.3. Precision Fish Farming
- 7.3.4. Smart Greenhouse
- 7.4.1. Field Crops
- 7.4.2. Fruits & Vegetables
- 7.4.3. Dairy & Livestock
- 7.4.4. Others (flowers, forestry, and nursery plants)
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Agriculture Drone Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Type
- 8.2.1. Hardware
- 8.2.1.1. Fixed Wing Drones
- 8.2.1.2. Rotary Blade Drones
- 8.2.1.3. Hybrid Drones
- 8.2.2. Software and Services
- 8.2.2.1. Data Management Software
- 8.2.2.2. Imaging Software
- 8.2.2.3. Data Analytics Software
- 8.2.2.4. Others
- 8.2.1. Hardware
- 8.3.1. Precision Farming
- 8.3.2. Livestock Monitoring
- 8.3.3. Precision Fish Farming
- 8.3.4. Smart Greenhouse
- 8.4.1. Field Crops
- 8.4.2. Fruits & Vegetables
- 8.4.3. Dairy & Livestock
- 8.4.4. Others (flowers, forestry, and nursery plants)
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East, and Africa Agriculture Drone Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Type
- 9.2.1. Hardware
- 9.2.1.1. Fixed Wing Drones
- 9.2.1.2. Rotary Blade Drones
- 9.2.1.3. Hybrid Drones
- 9.2.2. Software and Services
- 9.2.2.1. Data Management Software
- 9.2.2.2. Imaging Software
- 9.2.2.3. Data Analytics Software
- 9.2.2.4. Others
- 9.2.1. Hardware
- 9.3.1. Precision Farming
- 9.3.2. Livestock Monitoring
- 9.3.3. Precision Fish Farming
- 9.3.4. Smart Greenhouse
- 9.4.1. Field Crops
- 9.4.2. Fruits & Vegetables
- 9.4.3. Dairy & Livestock
- 9.4.4. Others (flowers, forestry, and nursery plants)
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. AeroVironment, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. AgEagle Aerial Systems, Inc.
- 10.6. America Robotics
- 10.7. DJI
- 10.8. Israel Aerospace Industries
- 10.9. Microdrones
- 10.10. Parrot Drones
- 10.11. PrecisionHawk
- 10.12. Trimble Inc.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
