Agricultural Drones Market Growing Trends and Demands Analysis forecast 2023 to 2030 – CAGR of 19.68% during the forecast period
New Jersey, United States- The Market Research report 2023-2030 is an in-depth analysis of the Global Agricultural Drones Market. On the basis of historic growth analysis and the current scenario of the Agricultural Drones Market place, the report intends to offer actionable insights on Global market growth projections. Authenticated data presented in the report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate a deeper understanding of multiple aspects of the Global Agricultural Drones Market. This further helps users with their developmental strategy.
The Agricultural Drones Market size was valued at USD 1,197.05 Million in 2022 and is projected to reach USD 6,029.86 Million by 2030, growing at a CAGR of 19.68% from 2023 to 2030.
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What Is The Agricultural Drones Market Overview?
Agricultural drones are unmanned aircraft used to enhance agricultural operations by increasing crop production and monitoring crop development. The digital imaging capabilities of drones provide a more comprehensive view of the fields, thereby increasing agricultural productivity. It permits the resolution of problems including soil variations, irrigation, and fungal infestations. It is used to monitor animals, agricultural, and other activities. Unmanned aerial vehicles, or drones, are miniature flying platforms weighing up to 20 kg. (50 lbs). Due to their dimensions, they cannot accommodate humans. (yet).
Directly, with a human controlling the vehicle using a wireless remote, and autonomously, with the vehicle controlling itself and following a route determined by GPS or other sensors. In agriculture, drones reduce pollution.
Who are the Top key players in the Agricultural Drones market?
DJI (China), 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), and Others.
Competitive Landscape:
- On November 16, 2021, DJI, a top producer of agricultural drones, announced the release of two new products, the T40 and T20P, which are designed specifically for agricultural tasks like applying pesticides and fertilizer to fruit plants.
- On January 27, 2021, AgEagle Aerial Systems Inc., a US-based manufacturer of drones, announced the purchase of MicaSense, Inc. from Parrot, a European consortium of drone manufacturers, for more than USD 23 million. Numerous top fixed-wing and multicopter drone manufacturers, including DraganFly, senseFly, Quantum-Systems, and Wingtra, have relationships with the acquired firm.
Which Is the Most potential Agricultural Drones market segment?
By Type
- Fixed-Wing
- Rotary-Wing
- Others
By Component
- Hardware
- Software
By Application
- Crop Monitoring
- Soil & Field Analysis
- Planting & Seeding
- Crop Spray
- Others
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Which Region Dominated The Agricultural Drones Market?
During the forecast period, the Asia-Pacific market for agricultural drones is anticipated to expand significantly. In order to accelerate the adoption of agricultural drones, countries in the region are gradually increasing their R&D expenditures. Moreover, the increase in venture capital provided to UAV manufacturers in the region has contributed to the growth of the industry. Numerous businesses in the region are creating low-cost, effective UAVs for a broader spectrum of agricultural applications.
The North American continent dominates the agricultural drones market. Utilizing UAVs for duties such as mowing and plowing to increase productivity is anticipated to impact the business’s expansion.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Agricultural Drones Market these regions, from 2020 to 2026 (forecast), covering
North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
- Historical Years: 2017-2021
- Base Year: 2022
- Estimated Year: 2022
- Forecast Period: 2023-2030
What Is The Main Objective of the Report?
The Global Agricultural Drones market report provides a holistic evaluation of the market for the forecast period (2022-2030). The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. The Agricultural Drones market report growth depends on product application, type, technology, and region. An extended view of regional analysis aims to bring readers closer to market opportunities and risks. It also examines the economic scenarios with the impact of Covid-19 analysis is expected to grow the market on a large and small scale.
Strategic Points Covered in Table of Content of Agricultural Drones Market:
Chapter 1: Introduction
Chapter 2. Executive Summary
Chapter 3. Industry Outlook
3.1. Agricultural Drones Global Market segmentation
3.2. Agricultural Drones Global Market size and growth prospects, 2015 – 2026
3.3. Agricultural Drones Global Market Value Chain Analysis
3.3.1. Vendor landscape
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.6. Porter’s Analysis
3.6.1. Threat of New Entrants
3.6.2. Bargaining Power of Buyers
3.6.3. Bargaining Power of Buyers
3.6.4. Threat of Substitutes
3.6.5. Internal Rivalry
3.7. PESTEL Analysis
Chapter 4. Agricultural Drones Global Market Product Outlook
Chapter 5. Agricultural Drones Global Market Application Outlook
Chapter 6. Agricultural Drones Global Market Geography Outlook
6.1. Agricultural Drones Industry Share, by Geography, 2022 & 2030
6.2. North America
6.2.1. Agricultural Drones Market 2022 -2030 estimates and forecast, by product
6.2.2. Agricultural Drones Market 2022 -2030, estimates and forecast, by application
6.2.3. The U.S.
6.2.4. Canada
6.3. Europe
6.3.3. Germany
6.3.4. the UK
6.3.5. France
Chapter 7. Competitive Landscape
Chapter 8. Appendix
Customization of the Report: This report can be customized as per your needs for additional data up to 5 companies or 5 countries or nearly 40 analyst hours.
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