Agricultural Drones Market Scope
Precision technology has driven the farming revolution in recent ages. Monitoring crops from the sky using agricultural drones looks set to drive the next, as agronomists, agricultural engineers, and farmers turn to UAVs (or UAS) to gain additional efficient crop insights and to more precisely plan and manage their operations. Drone technology is an impressive innovation that continues to have far-reaching effects across today’s society, transforming our lives and the technique we do business. The farming industry seems to have encompassed drone technology with open arms, using these advanced tools to transform modern farming. High-tech drones permit farmers and the drone pilots that operate them, to upsurge efficiency in certain features of the farming process.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | DJI (China), PrecisionHawk (United States), Trimble Inc. (United States), Parrot Drones (France), 3DR (United States), AeroVironment, Inc. (United States), Yamaha Motor Corp. (Japan), DroneDeploy (United States), AgEagle Aerial Systems, Inc. (United States) and OPTiM Corp. (Japan) |
CAGR | % |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Agricultural Drones market throughout the predicted period.
DJI (China), PrecisionHawk (United States), Trimble Inc. (United States), Parrot Drones (France), 3DR (United States), AeroVironment, Inc. (United States), Yamaha Motor Corp. (Japan), DroneDeploy (United States), AgEagle Aerial Systems, Inc. (United States) and OPTiM Corp. (Japan) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Pix4D (Switzerland), Sentera Inc. (United States), ATMOS UAV (Netherlands), Delair (France) and Nileworks Inc. (Japan).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Agricultural Drones market by Type , by Application (Precision Agriculture, Livestock Monitoring, Precision Fish Farming, Precision Forestry, Smart Greenhouse and Others) and Region with country level break-up.
On the basis of geography, the market of Agricultural Drones has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
On Sep 25, 2019 - DJI, the world’s leader in civilian drones and aerial imaging technology, is setting a new standard for easy-to-use agricultural drone applications with P4 Multispectral, the world’s first fully-integrated multispectral imaging drone intended for precision agriculture and environmental management.
Influencing Trend:
High Acceptance of Aerial Data Collection Tools in Agriculture
Market Growth Drivers:
Increasing Demand for Food Supply Owing to Growing World Population and Accessibility of Software Solutions for Field Survey and Data Analytics
Challenges:
A Dearth of Technical Knowledge among Farmers
Restraints:
Concerns Associated With Security and Safety
Opportunities:
Rising Demand for Drones in Developing Countries
Key Target Audience
Manufacturers of Agricultural Drones, Suppliers of Raw Materials, Distributors of Agricultural Drones, Agricultural Industry, Governmental Bodies and Research Organization