Agricultural Drones Market, By Type, By Component, By Application, By Geography

Description

Global agricultural drones market is estimated to be valued at US$ 4.80 Bn in 2024 and is expected to reach US$ 19.24 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 21.9% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 4.80 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	21.90%	2031 Value Projection:	US$ 19.24 Bn

Figure. Agricultural Drones Market Share (%), By Region, 2024

Agricultural drones, also known as unmanned aerial vehicles (UAVs) or unmanned aerial systems (UASs), are intended for precision agriculture and farming purposes. Precision farming aims to maximize crop yields and minimize inputs such as water, fertilizers and pesticides using drones. Agricultural drones are equipped with sensors, cameras and software for mapping fields, monitoring crop health and soil conditions. The data collected helps farmers in applying precisely the right amount of inputs only where needed. This leads to higher productivity, sustainability and profitability for farmers.

Market Dynamics:

Global agricultural drones market growth is driven by growing need for precision farming and crop monitoring. Farmers are increasingly adopting drones to scan large tracts of farmland, detect plant diseases, monitor soil health and analyze crops. This helps to maximize crop yields through informed decision making. However, high costs of agricultural drones and lack of technical knowledge among farmers hampers the market growth. Emerging applications of drones such as crop spraying, crop scouting and livestock monitoring present lucrative opportunities for the market growth. Ongoing technological advancements in drones, sensors, software and data analytics also boost the agricultural drones market growth.

Key features of the study:

This report provides in-depth analysis of the global agricultural drones market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global agricultural drones market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Aeronavics, AeroVironment Inc., AgEagle Aerial Systems Inc., DELAIR SAS, DRONE VOLT, FlyGuys, Harris Aerial, ideaForge Technologies Pvt. Ltd., Kray Technologies, Nextech, Parrot Drones SAS, PrecisionHawk Inc., Sentera Inc., Shenzhen GC electronics Co. Ltd, Skyfront, SZ DJI Technology Co. Ltd., Vision Aerial Inc.

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global agricultural drones market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global agricultural drones market

Market Segmentation

By Type
- Fixed Wing
- Rotary Wing
- Hybrid
By Component
- Hardware
- Software
By Application
- Field Mapping & Monitoring
- Crop Spraying
- Crop Scouting
- Variable Rate Application
- Livestock Monitoring
- Others
By Regional
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Key Players
- Aeronavics
- AeroVironment Inc.
- AgEagle Aerial Systems Inc.
- DELAIR SAS
- DRONE VOLT
- FlyGuys
- Harris Aerial
- ideaForge Technologies Pvt. Ltd.
- Kray Technologies
- Nextech
- Parrot Drones SAS
- PrecisionHawk Inc.
- Sentera Inc.
- Shenzhen GC electronics Co. Ltd
- Skyfront
- SZ DJI Technology Co. Ltd.
- Vision Aerial Inc.

Product Code: CMI6946

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Type
- Market Snippet, By Component
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic

4. Global Agricultural Drones Market, By Type, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Fixed Wing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Rotary Wing
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Hybrid
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

5. Global Agricultural Drones Market, By Component, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Hardware
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Software
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

6. Global Agricultural Drones Market, By Application, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
Field Mapping & Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Crop Spraying
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Crop Scouting
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Variable Rate Application
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Livestock Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Billion)

7. Global Agricultural Drones Market, By Region, 2019-2031, (US$ Billion)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
North America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - U.S.
  - Canada
  - Europe
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - U.K.
  - Germany
  - Italy
  - France
  - Russia
  - Rest of Europe
  - Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - China
  - India
  - ASEAN
  - Australia
  - South Korea
  - Japan
  - Rest of Asia Pacific
  - Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
  - Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Type, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
- Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
  - GCC Countries
  - South Africa
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Aeronavics
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- AeroVironment Inc.
- AgEagle Aerial Systems Inc.
- DELAIR SAS
- DRONE VOLT
- FlyGuys
- Harris Aerial
- ideaForge Technologies Pvt. Ltd.
- Kray Technologies
- Nextech
- Parrot Drones SAS
- PrecisionHawk Inc.
- Sentera Inc.
- Shenzhen GC electronics Co. Ltd
- Skyfront
- SZ DJI Technology Co. Ltd.
- Vision Aerial Inc.

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
About us and Sales Contact