Global Agricultural Drones Market 2024-2028

Description

List of Tables

The agricultural drones market is forecasted to grow by USD 10,547 mn during 2023-2028, accelerating at a CAGR of 32.42% during the forecast period. The report on the agricultural drones market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in funding for UAV manufacturers, growing popularity of precision agriculture, and global rise in agricultural production.

Technavio's agricultural drones market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	31.42%
CAGR	32.42%
Incremental Value	$10547mn

By Component

Hardware
Software
Services

By Product

Multi-rotor
Fixed-wing
Hybrid

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the introduction of new agricultural drones as one of the prime reasons driving the agricultural drones market growth during the next few years. Also, growing popularity of drones integrated with normalized difference vegetation index (NDVI) and use of different types of cameras in drones for precision agriculture will lead to sizable demand in the market.

The report on the agricultural drones market covers the following areas:

Agricultural drones market sizing
Agricultural drones market forecast
Agricultural drones market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agricultural drones market vendors that 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., and Vision Aerial Inc.. Also, the agricultural drones market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR74316

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global agricultural drones market 2018 - 2022
4.2 Component Segment Analysis 2018 - 2022
4.3 Product Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Component

6.1 Market segments
6.2 Comparison by Component
6.3 Hardware - Market size and forecast 2023-2028
6.4 Software - Market size and forecast 2023-2028
6.5 Services - Market size and forecast 2023-2028
6.6 Market opportunity by Component

7 Market Segmentation by Product

7.1 Market segments
7.2 Comparison by Product
7.3 Multi-rotor - Market size and forecast 2023-2028
7.4 Fixed-wing - Market size and forecast 2023-2028
7.5 Hybrid - Market size and forecast 2023-2028
7.6 Market opportunity by Product

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 Europe - Market size and forecast 2023-2028
9.5 APAC - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 UK - Market size and forecast 2023-2028
9.11 Canada - Market size and forecast 2023-2028
9.12 France - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Aeronavics
12.4 AeroVironment Inc.
12.5 AgEagle Aerial Systems Inc.
12.6 DRONE VOLT
12.7 FlyGuys
12.8 ideaForge Technologies Pvt. Ltd.
12.9 Kray Technologies
12.10 Nextech
12.11 Parrot Drones SAS
12.12 PrecisionHawk Inc.
12.13 Sentera Inc.
12.14 Shenzhen GC electronics Co. Ltd
12.15 Skyfront
12.16 SZ DJI Technology Co. Ltd.
12.17 Vision Aerial Inc.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations