Global Agricultural Drones Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By System;

Controller System, Propulsion System, Camera System, and Navigation System.

By Component;

Hardware(Fixed Wing, Rotary Wing, and Hybrid), Software(Data Management, Imaging Software, Data Analysis, and Others).

By Application;

Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock Monitoring, Agricultural Photography, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn324962917 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Agricultural Drones Market (USD Million), 2020 - 2030

In the year 2023, the Global Agricultural Drones Market was valued at USD 1,954.21 million. The size of this market is expected to increase to USD 8,709.94 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 23.8%.

The rapid evolution of drone technology, coupled with the Federal Aviation Administration's (FAA) regulations, has sparked a profound transformation in the agricultural sector, ushering drones into mainstream farming practices. With the global population expected to surpass 9 billion by 2050, the demand for agricultural products is projected to surge by 70%, exacerbated by unpredictable weather patterns and natural calamities. In response to these challenges, agriculture drones, also known as unmanned aerial vehicles (UAVs), have emerged as indispensable tools for various agricultural applications, including precision farming, livestock management, smart greenhouse monitoring, precision fish farming, horticulture, and forestry. These drones serve as aerial platforms equipped with autopilot systems using GPS and sensors to gather crucial data. They function akin to a conventional point-and-shoot camera, capturing visible images while offering additional capabilities facilitated by multispectral sensors.

Agricultural drones equipped with multispectral sensors provide farmers with invaluable insights into aspects beyond the visible spectrum, such as soil moisture content, plant health, stress levels, and fruit maturity. This expanded utility enables farmers to make data-driven decisions, optimize resource allocation, and enhance overall crop management practices. Beyond serving as mere aerial imaging platforms, these drones empower farmers with actionable intelligence, enabling them to monitor crop growth, assess vegetation coverage, and detect anomalies in real-time. By leveraging drone technology, farmers can implement precision agriculture techniques, mitigate crop losses, and maximize yields in an increasingly challenging agricultural landscape. The integration of drones into agricultural practices signifies a paradigm shift towards more efficient, sustainable, and resilient farming methods, poised to address the evolving needs of the global food supply chain.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By System
    2. Market Snapshot, By Component
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Agricultural Drones Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing need to improve crop yields
        2. Enhanced crop monitoring capabilities
        3. Adoption of smart farming practices
        4. Potential for remote sensing and data analytics
      2. Restraints
        1. Lack of skilled operators and technical expertise
        2. Weather dependence and environmental factors
        3. Integration challenges with existing farming practices
        4. Potential for drone-related accidents and liability issues
      3. Opportunties
        1. Integration of artificial intelligence and machine learning
        2. Development of specialized agricultural drones
        3. Adoption of drones for pest and disease management
        4. Use of drones for sustainable agriculture practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Agricultural Drones Market, By System, 2022 - 2032 (USD Million)
      1. Controller System
      2. Propulsion System
      3. Camera System
      4. Navigation System
    2. Global Agricultural Drones Market, By Component, 2022 - 2032 (USD Million)
      1. Hardware
        1. Fixed Wing
        2. Rotary Wing
        3. Hybrid
      2. Software
        1. Data Management
        2. Imaging Software
        3. Data Analysis
        4. Others
    3. Global Agricultural Drones Market, By Application, 2022 - 2032 (USD Million)
      1. Field Mapping
      2. Crop Scouting
      3. Variable Rate Application
      4. Crop Spraying
      5. Livestock Monitoring
      6. Agricultural Photography
      7. Others
    4. Global Agricultural Drones Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. DJI
      2. Precision Hawk
      3. Bayer AG
      4. Trible inc
      5. Delair
      6. Microdrones
      7. Dronedeploy
      8. Aerialtronics
  7. Analyst Views
  8. Future Outlook of the Market

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