Global Agriculture Drones Market (2021-2026) by Offering, Component, Farming Environment, Application, Range, Farm Size, Farm Produce, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Agriculture Drones Market is estimated to be USD 2.15 Bn in 2021 and is expected to reach USD 6.72 Bn by 2026, growing at a CAGR of 25.6%.

Market Dynamics

The advent of technology has led to a significant increase in the use of drones in the agricultural sector. Factors such as pressure on global food supply due to the growing world population, increase in venture funding for the development of agriculture drones, and availability of software solutions for field survey and data analytics are some of the driving factors for the growth of the Global Agricultural Drones Market. Whereas security and safety concerns associated with the civil and commercial Application of drones and high adoption of aerial data collection tools in agriculture and air traffic management of commercial drones are restraining factors for the market.

Exemptions by the US Federal Aviation Administration for the use of agriculture drones and the rising demand for drones in APAC countries are opportunities for the market. However, management of data collected by agriculture drones, scarcity of trained pilots, and lack of technical knowledge among farmers are the challenges for the market.

Market Segmentation

The Global Agriculture Drones Market is segmented further based on Offering, Component, Farming Environment, Application, Range, Farm Size, Farm Produce, and Geography.

By Offering, the market is classified into Hardware and Software & Services segments. Amongst all segments, the Software & Services segment is expected to grow at the highest CAGR.

By Component, the market is classified into Frames, Controller Systems, Propulsion Systems, Camera Systems, Navigation Systems, Batteries, and Other segments. Amongst all, the Camera Systems segment is expected to contribute the highest growth.

By Farming Environment, the market is classified into Outdoor and Indoor segments. Amongst all, the Outdoor segment is expected to contribute the highest growth.

By Application, the market is classified into Precision Farming, Livestock Monitoring, Precision Fish Farming, Smart Greenhouse, and Other segments. Amongst all, the Field Mapping in Precision Farming segment is expected to contribute the highest growth.

By Range, the market is classified into Visual Line of Sight and Beyond Visual Line of Sight segments. Amongst all, the Visual Line of Sight segment is expected to contribute to the highest growth.

By Farm Produce, the market is classified into Fruits & Vegetables, Field Crops, Dairy & Livestock, and Other Segments. Amongst them, the Field Crops segment is expected to contribute to the highest growth.

By Farm Size, the market is classified into Small Farm, Medium-Sized Farm, and Large Farm segments. Amongst all, the Large Farm segment is expected to contribute the highest growth.

By Geography, Asia Pacific is projected to lead the market.

Recent Developments

1. Aerodyne Group strengthens agriculture capabilities with strategic partnerships in Japan - May 10, 2021
2. AgEagle Aerial Systems has landed a 2-year contract manufacturing agreement with Valqri LLC to produce Valqari's Drone Delivery Station - Oct 15, 2020

Company Profiles

Some of the companies covered in this report are DJI, PrecisionHawk, Trimble Inc., Parrot Drone SAS, Aerovironment Inc., Yamaha Motor Co. Ltd., AgEagle Aerial Systems Inc., DroneDeploy Inc., 3D Robotics Inc., Sentera Inc., Optim Corporation, Microdrones GmbH, etc.

Competitive Quadrant

The report includes the Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Agriculture Drones Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market