Market Research Future Insights
According to MRFR analysis, the global Agriculture drones market is expected to register a CAGR of 29.30% from 2022 to 2030 and hold a value of over USD 24.9 billion by 2030.
Agriculture drones are unmanned aerial vehicles (UAVs) equipped with sensors, cameras, and other tools that allow farmers to gather data and monitor crops and farmland from the air. Agriculture drones have become increasingly popular in recent years due to their ability to provide farmers with a more efficient way to manage their crops, reduce labor costs, and increase yields.
COVID-19 Impact on Agriculture Drones Market: The COVID-19 pandemic has had a mixed impact on the agriculture drone market. On one hand, the pandemic has increased the demand for food security and precision agriculture, leading to a higher adoption of agriculture drones. On the other hand, supply chain disruptions, workforce shortages, and financial uncertainties have hindered the growth of the market to some extent.
Key players
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Report Scope:
Parameter |
Details |
Revenue Forecast in 2030: |
USD 24.9 billion |
Growth Rate: |
CAGR of 29.30% from 2022 to 2030 |
Forecast Period: |
2022 -2030 |
Report Coverage |
Rise in need for precision farming technology |
Market Segmentation
The Global Agriculture drones market has been segmented based on product, component and applications.
Based on product: Fixed Wing, Rotary Blade and Hybrid
Based on component: Hardware and Software
Based on application: Irrigation Monitoring, Soil and Crop Field Analysis, Planting and pesticide spraying Field Mapping Crop Scouting Others)
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Regional Analysis
The agriculture drone market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America dominates the market due to the presence of major agriculture drone manufacturers such as DJI and AeroVironment, and the high adoption rate of precision agriculture technologies in the region. Asia Pacific is expected to witness significant growth during the forecast period due to the increasing adoption of agriculture drones in countries such as China and Japan.
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