Agriculture Drone Market Size to Reach $23.78 Billion by 2032 | Industry to Grow at 18.5% CAGR
Key companies covered in agriculture drone market are Drone Deploy, Precision Hawk Inc., AeroVironment Inc., Trimble Navigation Ltd., 3D Robotics, and Others.
INDIA, MAHARASHTRA, INDIA, February 18, 2025 /EINPresswire.com/ -- The global agriculture drone market was valued at USD 4.98 billion in 2023 and is expected to grow from USD 6.10 billion in 2024 to USD 23.78 billion by 2032, registering a CAGR of 18.5% during the forecast period. This information is provided by Fortune Business Insights, in its report, titled, โAgriculture Drone Industry Share, Global Report and Forecast, 2025-2032โThe agriculture drone market is rapidly growing as farmers increasingly adopt advanced technologies to enhance productivity and efficiency. Drones are used for a wide range of applications, including crop monitoring, irrigation management, pesticide spraying, and field mapping. With the ability to collect real-time data, agriculture drones offer valuable insights that help optimize crop yields, reduce operational costs, and improve decision-making. As the demand for sustainable farming practices rises, the market is expected to continue expanding, driven by technological advancements and the growing need for precision agriculture solutions.
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ :
https://www.fortunebusinessinsights.com/enquiry/sample/agriculture-drones-market-102589
โก๏ธ List of Top Agriculture Drone Companies:
โข Drone Deploy (U.S.)
โข DJI (China)
โข Precision Hawk Inc (U.S.)
โข AeroVironment Inc. (U.S.)
โข Trimble Navigation Ltd. (U.S.)
โข 3D Robotics (U.S.)
โข Ag Eagle (U.S.)
โข Parrot Drone (France)
โข Sintera LLC (U.S.)
โข Delair Tech SAS (France)
โก๏ธ Segmentation Analysis:
๐๐ฒ๐๐ซ๐ข๐ ๐๐ซ๐จ๐ง๐๐ฌ ๐ญ๐จ ๐๐ซ๐จ๐ฐ ๐๐ญ ๐ ๐๐ฌ๐ญ๐๐ซ ๐๐๐๐ ๐๐ฎ๐ซ๐ข๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐ซ๐ข๐จ๐
Based on type, the market is divided into rotary-wing, fixed-wing, and hybrid. The rotary-wing segment held the highest share in the market in 2019 and is estimated to maintain its spot as a leading segment during the forecast period.
๐๐๐ซ๐๐ฐ๐๐ซ๐ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐๐ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง ๐๐๐๐
Based on components, the market is segmented into hardware and software. The hardware segment is further sub-segmented into frames, control systems, propulsion systems, navigation systems, payload, avionics, and others.
๐ ๐ข๐๐ฅ๐ ๐๐๐ฉ๐ฉ๐ข๐ง๐ & ๐๐จ๐ง๐ข๐ญ๐จ๐ซ๐ข๐ง๐ ๐ญ๐จ ๐๐๐๐จ๐ซ๐ ๐ ๐๐ซ๐๐๐ญ ๐๐๐๐
In terms of application, the market is segmented into field mapping & monitoring, crop spraying, crop scouting, variable rate application, livestock monitoring, and others. The field mapping & monitoring segment held the largest share in 2019 and is anticipated to maintain its dominance during the forecast period.
Geographically, the global market is divided into North America, Europe, Asia Pacific, and the Rest of the World.
โก๏ธ Growth Drivers and Restraints
๐๐ฎ๐ซ๐ ๐ข๐ง๐ ๐๐ฌ๐๐ ๐ ๐จ๐ ๐๐ฆ๐๐ฅ๐ฅ ๐๐ซ๐จ๐ง๐๐ฌ ๐ข๐ง ๐๐ ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ฆ๐๐ง๐
In the agriculture sector, numerous technological progressions have affirmatively influenced farming productivity over the last few years. UAVs are one such prime developments and are expansively utilized in agricultural functioning currently with the assistance of next-gen hardware and software. Technological development in constituents, sensors, and sizes have effectively established mini, autonomous, and unmanned rotorcrafts. This is among the significant factors predicted to drive the growth of the market.
However, the other prime topic of worry for the market is the strict principles placed in numerous nations on the flying of unmanned aerial systems at specific heights. Furthermore, the absence of consciousness among the large farmer populations is also restraining the demand for these equipment in various nations.
โก๏ธ Report Coverage
The report presents a holistic study of the agriculture drone market along with present trends and future anticipations to establish proximate investment gains. An in-depth analysis of any upcoming opportunities, threats, competitions, or driving factors is also mentioned in the report. Step by step, a thorough regional analysis is offered. The COVID-19 impacts have been added to the report to help investors and business owners understand the threats better. The top players in the market are identified, and their strategies to bolster the agriculture drone market growth are shared in the report.
๐๐ฉ๐๐๐ค ๐ญ๐จ ๐๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/agriculture-drones-market-102589
โก๏ธ Regional Insights:
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐ญ๐จ ๐๐จ๐ฅ๐ ๐๐๐ซ๐ ๐๐ฌ๐ญ ๐๐ก๐๐ซ๐ ๐๐๐๐ค๐๐ ๐๐ฒ ๐๐ญ๐ซ๐จ๐ง๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ ๐ ๐๐๐ข๐ฅ๐ข๐ญ๐ข๐๐ฌ
Europe captured a significant global market share in 2024 owing to the surging demand for the drones, rising funding, and strong research and development capabilities of the region. Moreover, the growing number of startups such as Gamaya, Delair, Accelerated Dynamics, and others will further aid regional market expansion.
Meanwhile, Asia Pacific is projected to record the highest growth rate in the forecast timeframe due to presence of large agricultural countries such as India, Indonesia, China, and others. The rising demand for UAVs from these countries and growing focus of market players on developing advanced products will further facilitate regional market expansion.
โก๏ธ Competitive Landscape:
๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐ฏ๐ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐๐ฎ๐ง๐๐ก๐๐ฌ ๐๐ฒ ๐๐๐๐๐ข๐ง๐ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐ญ๐จ ๐๐ซ๐ข๐ฏ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Industry leaders usually make tactical moves such as collaborations, partnerships, mergers and acquisitions, and product launches to hold a dominant share in the global market. For example, in November 2021, XAG announced its plans to launch its P40 and V40 agricultural drones worldwide, thus bringing digital agriculture to rural areas with geriatric populations and poor infrastructure. The XAG V40 and P40 are fully autonomous drones capable of mapping, spraying, and farm broadcasting.
โก๏ธ Recent Developments in the Agriculture Drone Market
In April 2024, DJI introduced the Agras T50 and T25 agricultural drones, designed to enhance efficiency in large-scale farming operations. The T50 model offers advanced obstacle avoidance and high payload capacity, while the T25 is tailored for smaller fields, providing versatility across various farm sizes. Both models feature fast charging capabilities and are equipped with the upgraded SmartFarm app for an improved user experience.
In September 2024, Trimble Inc. launched its APX RTX portfolio, which offers direct georeferencing solutions specifically designed for UAV mapping. This portfolio integrates Trimble CenterPoint RTX technology, enabling centimeter-level accuracy without the need for base stations. The solution aims to enhance efficiency and ease of use for original equipment manufacturers and drone payload integrators in the agriculture sector.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐ ๐๐จ๐ฐ:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/agriculture-drones-market-102589
๐๐๐๐ ๐๐๐ฅ๐๐ญ๐๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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