What is Agriculture Drone Market?
An agricultural drone is an unmanned aerial vehicle used in the farming for monitoring crop growth, field surveying/scouting, nitrogen recommendation, crop scouting, and others. Agriculture drones are expected to become a lucrative field as commercial drone applications over the forecast era. They assist farmers by taking photographs of a wide range of fields and providing vital data on crops and soil to help in crop management. Crop monitoring with unmanned aerial vehicles (UAVs) will boost yields dramatically while lowering the cost of filming from an aeroplane.
Highlights from Agriculture Drone Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | DJI (China), 3DR (United States), Trimble Navigation Limited (United States), DroneDeploy (United States), AgEagle LLC (United States), Agribotix LLC (United States), AutoCopter Corp. (United States), Delair-Tech (France), Eagle UAV Services (United States), HoneyComb Corporation (United States), PrecisionHawk (United States) and Parrot SA (France) |
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 predicts that United States Vendors will contribute to the maximum growth of Global Agriculture Drone market throughout the forecasted period.
DJI (China), 3DR (United States), Trimble Navigation Limited (United States), DroneDeploy (United States), AgEagle LLC (United States), Agribotix LLC (United States), AutoCopter Corp. (United States), Delair-Tech (France), Eagle UAV Services (United States), HoneyComb Corporation (United States), PrecisionHawk (United States) and Parrot SA (France) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Yamaha Motor (Australia), AeroVironment, Inc. (United States) and URSULA Agriculture (United Kingdom). Agriculture Drone Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Field Mapping, Variable Rate Application (VRA), Crop Scouting, Crop Spraying, Livestock, Agriculture Photography and Others |
Type | Hardware [Fixed Wing, Rotary Blade, Hybrid] and Software [Data Management, Imaging Software, Data Analysis, Others] |
Component | Frame,Controller System,Propulsion System,Camera System,Navigation System,Others |
On the basis of geography, the market of Agriculture Drone 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Emphasizing On Development of Batteries to Increase the Flying Period of Drones
Market Growth Drivers:
Increasing Adoption of Drones in the Agricultural Industry and AI And Machine Learning Deployment to Boost Drone Automation
Challenges:
Lack of Appropriate Air Traffic Management for UAV Drones
Restraints:
Lack of Skilled Drone Operators and Security and Safety Concerns Regarding Drones
Opportunities:
Growing Demand from the Emerging Economies and Increasing Government Exemptions for the Use of UAV Drones in Agricultural Industry
Key Target Audience
Original equipment manufacturers (OEMs), OEM Technology Solution Providers, Research Institutes, Farmers, Market Research and Consulting Firms, Forums, Alliances, and Associations, Technology Investors, Governments and Financial Institutions, Analysts and Strategic Business Planners and Others
Market Leaders & Development Strategies
In March 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.
In March 2019, DJI introduced a new software tool—DJI Terra—that transforms drone data into digital 3D models and maps for easy analysis and decision-making. The tool enables businesses and organizations using DJI drone technology to capture, visualize, and analyze aerial images for a wide variety of applications across the public safety, construction, infrastructure, agriculture, and film industries.
“According to the Federal Aviation Administration (FAA) regulations for agricultural drones. All drones must be registered with the Federal Aviation Administration. Part 107 governs all rules and regulations associated with drones weighing between 0.55 lbs to 55 lbs. Approved flight operations include crop monitoring/inspection, research and development, educational/academic uses, power-line/pipeline inspection in hilly or mountainous terrain, antenna inspections, aiding certain rescue operations, bridge inspections, aerial photography, and wildlife nesting area evaluations.”