ID: MRFR/ICT/9310-HCR | 100 Pages | Published By Ankit Gupta on March 2023
Agriculture Drones Market Size was valued at USD 3.2 billion in 2021. The Agriculture Drones market industry is projected to grow from USD 4.1 billion in 2022 to USD 24.9 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 29.30% during the forecast period (2022 - 2030).One of the key market drivers propelling the growth of the agriculture drone market is the increasing demand for drones in applications like aerial imaging, crop monitoring, and crop spraying.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
High crop losses prompting the use of drones for aerial spraying to propel market growth
Wheat, maize, and rice crop output losses in northern latitudes are reportedly predicted to treble due to warmer climate conditions in which the insects thrive, according to the American Association for the Advancement of Science (AAAS), EurekAlert. Similar crop losses are being seen in other parts of the world, particularly in Asian nations. Due to the widespread usage of UAVs for spraying insecticides and pesticides across cultivated fields, this is not only boosting the insecticide and pesticide markets, but also the market for agricultural drones. As a result, it takes less time and effort to spray. Additionally, drones guarantee an even distribution of insecticides across the field to keep weeds at bay in all areas. Food loss has become a concern, so it is essential to implement solutions to prevent it and guarantee a sustainable supply of crops for human consumption. Farms are now investing in agricultural drones for spraying, which is raising the revenues generated in the agricultural drones industry, in order to avoid the financial losses caused by crop rotting caused by insects. Thus, this factor is driving the market CAGR.
Farm labourers are clearly in short supply everywhere. Agricultural drones are one of the technology solutions that farm owners are investing in as a result of the labour shortage. As was already established, this labour substitute saves a tonne of time and produces quality work. The agricultural drones market will be driven by a perceptible decrease in labourer employment in the agriculture sector due to poor pay and education. Nevertheless, in the short to medium term, agricultural drones, despite their relative greater cost, offer a better ROI and savings for big agricultural firms, and are therefore seeing a lot of adoption.
Due to growing technological improvements in equipment, agriculture drones have gained more traction in the industry as a whole and are utilised to enhance farming practises. The most effective approach to meet the demands of a population that is expanding quickly is through modernization and automation, which has turned into a positive trend in agriculture. Therefore, the adoption of agriculture drones is mostly driven by the fast growing population, the availability of arable farms, and government backing through subsidies. Because of the lack of qualified farmers and the ageing farmer population, increased automation in the agricultural process is also anticipated to spur market expansion. Start-ups are anticipated to be able to contribute to disease and water management in both small and large farming operations thanks to a favourable change in regulatory policy. Precision agriculture developments and GPS mapping improvements are anticipated to drive the market forward over the course of the forecast period. Thus, it is anticipated that this aspect will accelerate Agriculture Drones market revenue globally.
The Agriculture Drones market segmentation has been segmented by type vertical into Fixed Wing, Rotary Blade and Hybrid. The rotary blade segment dominated the market growth in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Due to their strong structural advantages, rotary wing drones are widely used for a variety of farming applications. In order to transport big payloads, multi-rotor aircraft may take off and land vertically (VTOL) without requiring any additional airspace.
The Agriculture Drones market segmentation has been segmented by component into Hardware and Software. The hardware segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. Applications for drone hardware include precise crop health monitoring and field analysis using RGB, NIR, multispectral, hyperspectral, and thermal camera systems.
Figure 2: Agriculture Drones Market by component, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Agriculture Drones market data has been segmented by application into Irrigation Monitoring, Soil and Crop Field Analysis, Planting and Pesticide Spraying, Field Mapping, Crop Scouting and Others. The Soil and Crop Field Analysis segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. The most crucial element in increasing farm output is enhancing soil health with high-quality fertilisers. A piece of high-tech camera equipment can use a software system that produces a lot of data to analyse the field conditions.
By region, the study provides the market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America Agriculture Drones market accounted for USD 1.4 billion in 2021 and is expected to exhibit a 43.20% CAGR during the study period due to the widespread preference for cutting-edge technology in farming equipment and drone systems. By removing the need for a pilot's licence, the Department of Transportation (DOT) and the Federal Aviation Administration (FAA) have created favourable regulations to enable commercial and small unmanned aerial systems.
Further, the major countries studied in the market report are: The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: AGRICULTURE DRONES MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Asia Pacific Agriculture Drones market accounts for the fastest growing market share due to the extensive export of agricultural products around the world and high agricultural productivity. The demand for agriculture UAVs is probably going to be driven by the main agricultural nations like China, India, Indonesia, and several other Asian nations. Further, the China Agriculture Drones market held the largest market share, and the India Agriculture Drones market was the fastest-growing market in the region.
Europe Agriculture Drones market is expected to grow at a substantial CAGR from 2022 to 2030 due to increased knowledge about the use of smart drones to inspect and monitor agricultural fields for enhancing crop yield in the area. Moreover, UK Agriculture Drones market held the largest market share, and the Germany Agriculture Drones market was the fastest-growing market in this region
Major market players are spending a lot on R&D to increase their product lines, which will help the Agriculture Drones industry grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, market developments and collaboration with other organizations. Competitors in the industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market industry.
One of the primary business strategies manufacturers adopt in the Agriculture Drones industry to benefit clients and expand the sector is manufacturing locally to reduce operating costs. In recent years, Agriculture Drones industry has provided medicine with some of the most significant benefits. The Agriculture Drones market major player such as 3DR (US), Ondas Networks (AMERICAN ROBOTICS) (US), ideaForge (India), DroneDeploy (US), MICRODRONES (Germany), PrecisionHawk, Inc. (US), Yamaha Motor Corporation, U.S.A. (US), AeroVironment, Inc. (US), AgEagle Aerial Systems Inc. (US), ISRAEL AEROSPACE INDUSTRIES (Israel), Delair (France), senseFly (Switzerland), Sentera (US), Trimble Inc. (US), THANOS (India), Botlink (US), Pix4D SA (Switzerland), Drone Ag (UK), Agremo (US), Solvi AB (Sweden), and Sky-Drones Technologies LTD (UK).
The drone ecosystem is being transformed by Skylark Drones, from fleet management to worksite intelligence. A technology startup called Skylark Drones is constructing the fundamental framework for the entire drone industry. The platform now provides Fortune 500 enterprises with drone analytics, safe flight execution for service providers, and regulatory airspace compliance for manufacturers. In July 2021, Skylark Drones has raised USD 3 million to boost drone data analytics product offerings as well as worldwide market penetration and expansion. Through the use of geospatial intelligence, the business will support a range of industries, including mining, agriculture, and inspection.
Over 100,000 pilots have flown millions of flights using the top drone software, DroneDeploy! Download the DroneDeploy app to provide your drone automated capture capabilities with only a few taps, as well as autonomous and free flight capabilities. Your drone will take off on its own! DroneDeploy allows everyone to fly. In February 2021, as part of its international fleet of agricultural drones for precision farming applications, DroneDeploy had previously announced a partnership with Corteva Agriscience.
Ondas Networks (AMERICAN ROBOTICS) (US)
PrecisionHawk, Inc. (US)
Yamaha Motor Corporation, U.S.A. (US)
AeroVironment, Inc. (US)
AgEagle Aerial Systems Inc. (US)
ISRAEL AEROSPACE INDUSTRIES (Israel)
Trimble Inc. (US)
Pix4D SA (Switzerland)
Drone Ag (UK)
Solvi AB (Sweden)
Sky-Drones Technologies LTD (UK)
January 2022: The Pininfarina Shanghai-built Eavision EA-30X is a professional agricultural spraying drone that can operate in all weather conditions, at all times, and for all plant protection application scenarios. The updated EA-30X dual-eye environment sensing technology allows night autonomous operation, full coverage of terrain below 90 degrees, and dynamic continuous obstacle avoidance.
December 2020: The U.S. Department of Agriculture has chosen Draganfly's Commander Ag-Pro UAS to support crop monitoring, crop health, farm planning, and the collecting of spatial data.
Soil and Crop Field Analysis
Planting and Pesticide Spraying
Rest of Europe
Rest of Asia-Pacific
Rest of the World
|Market Size 2021||USD 3.2 Billion|
|Market Size 2022||USD 4.1 Billion|
|Market Size 2030||USD 24.9 Billion|
|Compound Annual Growth Rate (CAGR)||29.30% (2022-2030)|
|Historical Data||2018 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Type, Component, Application and Region|
|Geographies Covered||North America, Europe, Asia Pacific, and Rest of the World|
|Countries Covered||The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil|
|Key Companies Profiled||3DR (US), Ondas Networks (AMERICAN ROBOTICS) (US), ideaForge (India), DroneDeploy (US), MICRODRONES (Germany), PrecisionHawk, Inc. (US), Yamaha Motor Corporation, U.S.A. (US), AeroVironment, Inc. (US), AgEagle Aerial Systems Inc. (US), ISRAEL AEROSPACE INDUSTRIES (Israel)|
|Key Market Opportunities||Rising need for automated and continuous monitoring systems|
|Key Market Dynamics||Rise in need for precision farming technology|
The market size was expected to be USD 3.2 billion in 2021.
The market is expected to register a CAGR of ~29.30% over the next ten years.
North America held the largest market share in the market.
3DR (US), Ondas Networks (AMERICAN ROBOTICS) (US), ideaForge (India), DroneDeploy (US), MICRODRONES (Germany), PrecisionHawk, Inc. (US), Yamaha Motor Corporation, U.S.A. (US), AeroVironment, Inc. (US), AgEagle Aerial Systems Inc. (US), ISRAEL AEROSPACE INDUSTRIES (Israel) are the key players in the market.
The rotary blade category led the segment in the market.
The hardware category had the largest market share in the market.