The Global Agricultural Drones Market Size collected USD 1.5 Billion in 2022 and is set to achieve a market size of USD 29.9 Billion in 2032 growing at a CAGR of 34.9% from 2023 to 2032.
Agricultural Drones Market Report Statistics
- Global agricultural drones market revenue is estimated to reach USD 29.9 billion by 2032 with a CAGR of 34.9% from 2023 to 2032
- North America agricultural drones market value occupied more than USD 17.7 billion in 2022
- Asia-Pacific agricultural drones market growth will record a CAGR of over 9% from 2023 to 2032
- Based on application, the hardware generated US $ 450 million revenue in 2022
- Among type, the rotary-wing sub-segment generated around 40% share in 2022
- Increasing interest in hybrid drones is a popular agricultural drones market trend that fuels the industry demand
Agricultural drones are on the verge of taking the place of workhorses in farm fields. With increasing focus on crop productivity in the farming sector, agricultural drones can act as key beneficial objects to achieve precise control of farm operations and monitoring as well as improved automation. Robots are already transforming the way of agriculture sector functioning. The advent of agricultural drones can take that change to the whole next level. Companies are quickly spotting the opportunities in the agricultural drone market and have lined up a variety of agricultural drones designed for specific tasks such as for those farmers who are looking to adopt advanced technology in their farming practices.
Global Agricultural Drones Market Dynamics
Market Drivers
- Increasing demand for food
- Advancements in drone technology
- Increasing focus on sustainability
- Government support
Market Restraints
- Limited flight time and payload capacity
- Security and privacy concerns
Market Opportunities
- Increasing demand for precision agriculture
- Surging environmental benefits
Agricultural Drones Market Report Coverage
Market |
Agricultural Drones Market |
Agricultural Drones Market Size 2022 |
USD 1.5 Billion |
Agricultural Drones Market Forecast 2032 |
USD 29.9 Billion |
Agricultural Drones Market CAGR During 2023 - 2032 |
34.9% |
Agricultural Drones Market Analysis Period |
2020 - 2032 |
Agricultural Drones Market Base Year |
2022 |
Agricultural Drones Market Forecast Data |
2023 - 2032 |
Segments Covered |
By Component, By Application, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
DJI, Trimble Navigation Ltd., Agribotix, Autocopter Corp., Eagle UAV Services, URSULA Agriculture, Honeycomb Corp., Drone Deploy, AgEagle Aerial Systems Inc., Parrot SA, Yamaha Motor, Delair Tech, AeroVironment Inc., Precision Hawk, and 3DR.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Agricultural Drones Market Growth Factors
The agricultural drones market has boarded the flight with manufacturers such as GoPro which announced the launch of agricultural drones in 2016. Several other e-commerce websites including eBay and Amazon have started supplying commercial drones and are projected to expand their product portfolio by including agricultural drones in the foreseeable months. Aerial drones are expected to account for a significant revenue generation in the global agricultural drone market. There are numerous applications of agricultural drones in a farm, some of which include improving the overall status quo. For instance, agricultural drones can be deployed for thermal imaging mechanisms to identify the patches which require more water or pesticides in a farm by furnishing exact information about specific sections of the farm which have distressed crops. Agricultural drones installed with infrared cameras can be used by farmers to determine the time when the farm is ready to harvest crops. Opportunities are just beginning to emerge in the global agricultural drone market and will only expand over the next decade. The use of drones is analyzed to increase the ability to monitor weather and farm conditions as per the reach of an average farmer, thereby propelling the confidence of stakeholders in the agricultural sector worldwide.
In developing countries such as China and India where farming and agriculture forms the backbone of the economy, various opportunities can be identified in the areas including insecticide and pesticide spraying, mapping, pest control, seeding, remote sensing, and thermal imaging. Besides drones ushering in the field of digital farming, agricultural drones are expected to create a huge sales and service market. The need for applications and software specifically designed for the agricultural sector is, in turn, anticipated to provide bright opportunities in the agriculture sector.
Agricultural Drones Market Segmentation
The worldwide agricultural drones market is categorized based on component, type, application, and geography.
Agricultural Drones Market By Component
- Hardware
- Frames
- Control System
- Propulsion System
- Navigation System
- Payload
- Avionics
- Others
- Software
- Imaging Software
- Data Management Software
- Data Analytics Software
- Others
According to the agricultural drones market forecast, in terms of application, hardware will dominate the agricultural drones market. The hardware component also includes the physical components of drones such as the drone itself, cameras, sensors, and other equipment. While hardware is critical to the operation of drones, it has not seen the same level of innovation and growth as software in recent years. The software component of agricultural drones, on the other hand, is constantly evolving, with new applications and tools being developed to meet the changing needs of farmers. For example, software applications that analyze crop data and make predictive recommendations using machine learning algorithms are becoming increasingly popular.
Agricultural Drones Market By Type
- Fixed-Wing
- Rotary-Wing
- Others
In 2021, rotary-wing dominated the largest market share in the type segment. Rotary-wing drones are more agile and maneuverable than fixed-wing drones, making them better suited for smaller farms and more confined areas, such as orchards and vineyards. They can take off and land vertically, which can be useful in areas where there is limited space or where takeoff and landing locations are restricted. Additionally, rotary-wing drones are well-suited for tasks such as crop spraying, which require precise control and maneuverability. Fixed-wing drones are typically larger and have a longer flight time than rotary-wing drones, making them well-suited for large-scale agricultural operations, such as crop mapping and surveying. They can cover more ground in a single flight and are generally more stable in windy conditions, which can be a significant advantage in open fields. As a result, fixed-wing drones are often used in precision agriculture applications, including crop mapping, yield estimation, and plant health assessment.
Agricultural Drones Market By Application
- Crop Monitoring
- Soil & Field Analysis
- Planting & Seeding
- Crop Spray
- Others
Crop monitoring, according to our agricultural drones industry analysis, is one of the most important and widely used applications for agricultural drones, accounting for the largest market share in the agricultural drones market. Crop monitoring entails the use of drones outfitted with sensors and cameras to collect data on crop health, growth, and yield, which can assist farmers in making more informed decisions about fertilization, irrigation, and pest control. Drones can take high-resolution aerial images of crops, which can then be analyzed with specialized software to identify areas of stress or disease. Drones can also collect data on soil moisture and temperature, allowing farmers to optimize irrigation and manage crop stress.
Agricultural Drones Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Agricultural Drones Market Regional Analysis
In developing countries such as China and India where farming and agriculture forms the backbone of the economy, various opportunities can be identified in the areas including insecticide and pesticide spraying, mapping, pest control, seeding, remote sensing and thermal imaging. Besides drones ushering in the field of digital farming, agricultural drones are expected to create huge sales and service market. The need for applications and software specifically designed for the agricultural sector is, in turn, anticipated to provide bright opportunities in the agriculture sector.
Agricultural Drones Market Players
Some of the key players in the global agricultural drones market include 3DR, AeroVironment Inc., Agribotix, AgEagle Aerial Systems Inc., Autocopter Corp., Delair Tech, DJI, Drone Deploy, Eagle UAV Services, Honeycomb Corp, Parrot SA, Precision Hawk Trimble Navigation Ltd., URSULA Agriculture, and Yamaha Motor.
CHAPTER 1. Industry Overview of Agricultural Drones Market
1.1. Definition and Scope
1.1.1. Definition of Agricultural Drones
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Agricultural Drones Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Agricultural Drones Market By Component
1.2.3. Agricultural Drones Market By Type
1.2.4. Agricultural Drones Market By Application
1.2.5. Agricultural Drones Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Agricultural Drones Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Agricultural Drones Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Materials
3.8.2. Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2022
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2022
4.2. R&D Status of Major Manufacturers in 2022
CHAPTER 5. Agricultural Drones Market By Component
5.1. Introduction
5.2. Agricultural Drones Market Revenue By Component
5.2.1. Agricultural Drones Market Revenue (USD Billion) and Forecast, By Component, 2020-2032
5.2.2. Hardware
5.2.2.1. Hardware Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.2. Frames
5.2.2.2.1. Frames Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.3. Control System
5.2.2.3.1. Control System Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.4. Propulsion System
5.2.2.4.1. Propulsion System Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.5. Navigation System
5.2.2.5.1. Navigation System Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.6. Payload
5.2.2.6.1. Payload Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.7. Avionics
5.2.2.7.1. Avionics Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.2.8. Others
5.2.2.8.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Software
5.2.3.1. Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.2. Imaging Software
5.2.3.2.1. Imaging Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.3. Data Management Software
5.2.3.3.1. Data Management Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.4. Data Analytics Software
5.2.3.4.1. Data Analytics Software Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3.5. Others
5.2.3.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Agricultural Drones Market By Type
6.1. Introduction
6.2. Agricultural Drones Market Revenue By Type
6.2.1. Agricultural Drones Market Revenue (USD Billion) and Forecast, By Type, 2020-2032
6.2.2. Fixed-Wing
6.2.2.1. Fixed-Wing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Rotary-Wing
6.2.3.1. Rotary-Wing Analysis Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.4. Others
6.2.4.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Agricultural Drones Market By Application
7.1. Introduction
7.2. Agricultural Drones Market Revenue By Application
7.2.1. Agricultural Drones Market Revenue (USD Billion) and Forecast, By Application, 2020-2032
7.2.2. Crop Monitoring
7.2.2.1. Crop Monitoring Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Soil & Field Analysis
7.2.3.1. Soil & Field Analysis Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Planting & Seeding
7.2.4.1. Planting & Seeding Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. Crop Spray
7.2.5.1. Crop Spray Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.6. Others
7.2.6.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Agricultural Drones Market By Country
8.1. North America Agricultural Drones Market Overview
8.2. U.S.
8.2.1. U.S. Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
8.2.2. U.S. Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.2.3. U.S. Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.3. Canada
8.3.1. Canada Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
8.3.2. Canada Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
8.3.3. Canada Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Agricultural Drones Market By Country
9.1. Europe Agricultural Drones Market Overview
9.2. U.K.
9.2.1. U.K. Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
9.2.2. U.K. Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.2.3. U.K. Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.3. Germany
9.3.1. Germany Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
9.3.2. Germany Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.3.3. Germany Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.4. France
9.4.1. France Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
9.4.2. France Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.4.3. France Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.5. Spain
9.5.1. Spain Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
9.5.2. Spain Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.5.3. Spain Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
9.6.2. Rest of Europe Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
9.6.3. Rest of Europe Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia-Pacific Agricultural Drones Market By Country
10.1. Asia-Pacific Agricultural Drones Market Overview
10.2. China
10.2.1. China Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.2.2. China Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.2.3. China Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.3. Japan
10.3.1. Japan Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.3.2. Japan Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.3.3. Japan Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.4. India
10.4.1. India Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.4.2. India Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.4.3. India Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.5. Australia
10.5.1. Australia Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.5.2. Australia Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.5.3. Australia Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.6. South Korea
10.6.1. South Korea Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.6.2. South Korea Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.6.3. South Korea Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
10.7.2. Rest of Asia-Pacific Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
10.7.3. Rest of Asia-Pacific Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
10.8. Asia-Pacific PEST Analysis
CHAPTER 11. Latin America Agricultural Drones Market By Country
11.1. Latin America Agricultural Drones Market Overview
11.2. Brazil
11.2.1. Brazil Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
11.2.2. Brazil Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.2.3. Brazil Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.3. Mexico
11.3.1. Mexico Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
11.3.2. Mexico Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.3.3. Mexico Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
11.4.2. Rest of Latin America Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
11.4.3. Rest of Latin America Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Agricultural Drones Market By Country
12.1. Middle East & Africa Agricultural Drones Market Overview
12.2. GCC
12.2.1. GCC Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
12.2.2. GCC Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.2.3. GCC Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.3. South Africa
12.3.1. South Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
12.3.2. South Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.3.3. South Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Component, 2020-2032
12.4.2. Rest of Middle East & Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Type, 2020-2032
12.4.3. Rest of Middle East & Africa Agricultural Drones Market Revenue (USD Billion) and Forecast By Application, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Agricultural Drones Market
13.1. Agricultural Drones Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Agricultural Drones Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. 3DR
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2022
14.1.3.2. 3DR 2022 Agricultural Drones Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. AeroVironment Inc.
14.3. Agribotix
14.4. AgEagle Aerial Systems Inc.
14.5. Autocopter Corp.
14.6. Delair Tech
14.7. DJI
14.8. Drone Deploy
14.9. Eagle UAV Services
14.10. Honeycomb Corp
14.11. Parrot SA
14.12. Precision Hawk Trimble Navigation Ltd.
14.13. URSULA Agriculture
14.14. Yamaha Motor