Global Agriculture Drones Market, By Product (Hardware (Fixed Wing Drones, Rotary Blade Drones, Hybrid Drones), Software and Services (Data Management Software, Imaging Software, Data Analytic Software, Others)), By Application (Precision Farming, Livestock Monitoring, Precision Fish Farming, Smart Greenhouse, Others ) and opportunities and forecast 2020-2027
Agriculture Drones Market Overview
The intensive use of agriculture drones in seeding, spraying, and livestock farming has drawn the eye of venture capitalists. Consequently, UAV manufacturers are receiving funds from venture capital companies like Qualcomm Ventures (US), Andreessen Horowitz (US), draper Associates (US), Intel Capital (US), Felicis Venture (US), lux Capital (US), and Google Ventures (US).
Recently, the FAA’s small UAS Rule (Part 107) has created a major impact on however drones will and are being used across industries, as well as agriculture. mostly involved toward the agricultural business, the rules recommend the ways that for the use of drones by farmers and ranchers, and outline the requirements and provisions to conduct remote sensing operations over farms and ranches.
Air traffic management (ATM) is closely associated with safe and economical air transportation. At present, numerous development programs for agriculture drones are rapidly progressing toward the operational stage. With the huge rise in numbers of agriculture drones, appropriate airspace traffic management is required to avoid accidents and collisions.
The covid-19 Impact on Agriculture Drones Market:
|Market size available for years
|Base year considered
||Value (USD Million)
||Type, Farm Size, Deployment Method, Industry Vertical, and Region
||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)
||DJI , PrecisionHawk , Trimble Inc. , Parrot , 3DR , AeroVironment, Inc. , Yamaha Motor Corp. , DroneDeploy , AgEagle Aerial Systems, Inc., OPTiM Corp. , senseFLY , Pix4D , Sentera Inc. , SlantRange , ATMOS UAV , Delair, Nileworks Inc.
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 Drones Market Segment Overview
By Product, Imaging software accounted major market share throughout forecast period. A camera system may be a key component of an agriculture drone since its specifications decide the application that the drone is to be used. as an example, the hyperspectral camera is best suited to investigate weed intrusion in farms, whereas the measuring device camera is best to reveal slopes and sun exposure on farms.
By Application, Precision farming involves the utilization of innovative technologies and tools for agriculture. It involves the analysis of the data acquired from fields, followed by applying acceptable inputs to extend crop productivity. exactness farming helps manage variations within the field to grow additional crops victimization fewer resources and reducing production costs. precision devices facilitate collect farm-related knowledge, thereby enabling farmers to create higher selections. Major factors driving the expansion of the market for precision agriculture embrace the increasing focus on farm productivity, rising population, and improving food
Market Analysis, Insights and Forecast – By Product
- Fixed Wing Drones
- Rotary Blade Drones
- Hybrid Drones
- Software and Services
- Data Management Software
- Imaging Software
- Data Analytics Software
Market Analysis, Insights and Forecast – By Application
· Precision Farming
· Livestock Monitoring
· Precision Fish Farming
· Smart Greenhouse
· Others (Horticulture, orchids, and forestry applications) Agriculture Drones Market Regional Overview
Region-wise, in terms of regions,North America and Europe are the largest and therefore the most advanced markets with respect to the adoption of innovative technologies within the field of agriculture, whereas South America has the best potential for growth during this market. The presence of an outsized share of the agricultural area as fragmented holdings in Asia, especially in regions of India, limits the potential growth of the agriculture drones market over the forecast period.
Agriculture Drones 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 Drones Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Agriculture Drones are highlighted below.
· In 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 also included the continuation of other contract engineering services provided by Draganfly to AeroVironment. Agriculture Drones Market, Key Players
· DJI ,
· PrecisionHawk ,
· Trimble Inc. ,
· Parrot ,
· 3DR ,
· AeroVironment, Inc.
· Yamaha Motor Corp. ,
· DroneDeploy ,
· AgEagle Aerial Systems, Inc.,
· OPTiM Corp. ,
· senseFLY ,
· Pix4D ,
· Sentera Inc. ,
· SlantRange ,
· ATMOS UAV ,
· Nileworks Inc.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Agriculture Drones market during the forecast period?
A. Agriculture Drones market is expected to record a CAGR of ~ 35.9% during the forecast period.
Q2. Which segment is projected to hold the largest share in the Agriculture Drones Market?
A. Imaging System segment is projected to hold the largest share in the Agriculture Drones Market.
Q3. What are the driving factors for the Agriculture Drones market?
A. The growing demand for replacing the standard anti-fraud technology tools with advanced analytic is key factors that boost the growth of the Agriculture Drones market progressively.
Q4. Which Segments are covered in the Agriculture Drones market report?
A. Type, Farm Size, Deployment Method, Industry Vertical, and Region, these segments are covered in the Agriculture Drones market report
Q5. Which are the prominent players offering Agriculture Drones?
A. DJI , PrecisionHawk , Trimble Inc. , Parrot , 3DR , AeroVironment, Inc. , Yamaha Motor Corp. , DroneDeploy , AgEagle Aerial Systems, Inc., OPTiM Corp. , senseFLY , Pix4D , Sentera Inc. , SlantRange , ATMOS UAV , Delair, Nileworks Inc.,are some of the major players in the agriculture drones market