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Agricultural Drones Market (By Product - Hardware {Fixed Wing Drones, Rotary Wing Drones, and Hybrid Drones}, and Software {Data Management Software, Data Analysis Software, Imaging Software, and Others}. By System - Controller System, Propulsion System, Camera System, and Navigation System. By Applications - Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock Monitoring, Agricultural Photography. By Geography-North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)– Global industry analysis, size, share, growth, trends, and forecast, 2021 – 2031.

Published Date : December 2021 | Report Id : TECIT 124 | Format : PDF, PPT | Slides : 150
Report Type : Syndicate Report

The Global Agricultural Drones Market was $0.9 Bn in 2020, and it is expected to reach $6.5 Bn by 2031. It is eventually growing at a commendable high compound of annual growth rate CAGR of 19.4% between 2021-2031. However, the current pandemic of COVID-19 might make a slight difference in the growth rate in the present year. The Agricultural Drones Market is primarily driven by the rise in awareness of precision farming and surging need for crop yields by increasing population. Moreover, farmers assistance in monitoring the threats like drought conditions are another factor that fuels the market growth in the forecast period.  

Global Software Product Segment Is Estimated to Witness Remarkable Growth

Agricultural Drones Market

Source: SAI Research

The global Agricultural Drones Market has been segmented into Product, System, and Application. By product, the global Agricultural Drones Market is divided into Hardware, and Software. By system, the global Agricultural Drones Market is divided into Controller System, Propulsion System, Camera System, and Navigation System. By applications, the global Agricultural Drones Market is divided into Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock Monitoring and Agricultural Photography. Software Product Segment is estimated to witness remarkable growth over the forecast period. The growth is attributed to high investment by the investors in the startups offering software solutions to digitize the information collected by agricultural drones.

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By Region, North America is Holding the Major Market Share

The global Agricultural Drones Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, North America Agricultural Drones Market is holding the largest market share currently and is estimated to show the highest compound annual growth rate in the upcoming forecast period due to the presence of major technology players in the region. The region is far ahead in the development and adoption of innovative technologies in the field of agriculture. Moreover, increasing trend of deploying UAVs for enhanced crop production and increasing awareness of precision farming is also projected to fuel the regional market growth. Asia Pacific market is projected to significant growth over the forecast period due to the increasing adoption of technological developments in the field of agriculture. Major investors across the world are significantly investing in the region for the development of low-cost drones which can be used in the agriculture sector. The growing population and increasing demand for food are also anticipated to trigger the Asia Pacific market growth in the forecast period. Europe region is also expected to witness remarkable growth over the forecast period. LAMEA is also anticipated to show decent growth due to factors such as rising technology-driven agriculture business. These factors are expected to boost the market of the agricultural drones in the forecast period from 2021 to 2031.

Major Players in Global Agricultural Drones Market

Some of the key players in the global Agricultural Drones Market include 3DR (US), AeroVironment, Inc. (US), ATMOS UAV (Netherlands), AgEagle Aerial Systems, Inc. (US), PrecisionHawk (US), Trimble Inc. (US), Parrot (France), Yamaha Motor Corp. (Japan), DroneDeploy (US), OPTiM Corp. (Japan), senseFLY (Switzerland), Pix4D (Switzerland), Sentera Inc. (US), SlantRange (US), Delair (France), and Nileworks Inc. (Japan), SZ DJI Technology Co., Ltd., Israel Aerospace Industries Ltd., Microdrones GmbH., American Robotics, Inc.

Scope of the Report:

Report Coverage

Details

Base Year:

2020

Market Size in 2020:

US$ 0.9 Billion

Historical Data for:

2018 to 2020

Forecast Period:

2021 to 2031

Forecast Period 2021 to 2031 CAGR:

19.4%

2031 Value Projection:

US$ 6.5 Billion

Segments covered:

 By Product - Hardware {Fixed Wing Drones, Rotary Wing Drones, and Hybrid Drones}, and Software {Data Management Software, Data Analysis Software, Imaging Software, and Others}.

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

By Applications - Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock Monitoring, Agricultural Photography

Geographies covered:

North America: U.S., Canada, Mexico

Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Africa: South Africa, North Africa, and Africa

Middle East: GCC, Israel, and Rest of Middle East

Latin America: Brazil, Argentina, Rest of Latin America

Companies covered:

3DR (US), AeroVironment, Inc. (US), ATMOS UAV (Netherlands), AgEagle Aerial Systems, Inc. (US), PrecisionHawk (US), Trimble Inc. (US), Parrot (France), Yamaha Motor Corp. (Japan), DroneDeploy (US), OPTiM Corp. (Japan), senseFLY (Switzerland), Pix4D (Switzerland), Sentera Inc. (US), SlantRange (US), Delair (France), and Nileworks Inc. (Japan), SZ DJI Technology Co., Ltd., Israel Aerospace Industries Ltd., Microdrones GmbH., American Robotics, Inc.

The Global Agricultural Drones Market Has Been Segmented into:

Global Agricultural Drones Market: By Product

  • Hardware
    • Fixed Wing Drones
    • Rotary Wing Drones
    • Hybrid Drones
  • Software
    • Data Management Software
    • Data Analysis Software
    • Imaging Software
    • Others

Global Agricultural Drones Market: By System

  • Controller System
  • Propulsion System
  • Camera System
  • Navigation System

Global Agricultural Drones Market: By Applications

  • Field Mapping
  • Crop Scouting
  • Variable Rate Application
  • Crop Spraying
  • Livestock Monitoring
  • Agricultural Photography

Global Agricultural Drones Market: By Region

  • North America
    • USA
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America, Middle East & Africa
    • Brazil
    • South Africa
    • UAE
    • Rest of LAMEA
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