The report is titled as ‘Agriculture Drone Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the agriculture drone market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The agriculture drone market is expected to grow at a significant rate in the near future.
The global agriculture drone market in 2020 is estimated for more than US$ 1.3 Bn and expected to reach a value of US$ 10.5 Bn by 2028 with a significant CAGR of 35.6%.
Agricultural Drone Market Definition
The agriculture industry is considered the most promising industry as it holds the responsibility to feed the constantly increasing population all across the world. The agricultural sector has been witnessing plentiful obstacles and disputes from the scratch such as unavailability of skilled laborers or farmers, extreme weather situations, lack of amount and ineffective functions of fertilizers, diseases, infections, allergies, and other health issues because of chemical application such as pesticides, fungicides, insecticides or animal/insect sting.
Although these days, the agriculture industry is fixated on evolving by employing better and technologically advanced equipment. The agricultural drone is an unmanned flying wagon, which has the potential to keep an eye on the growth of crops and elevate crop production.
The innovative technology is embedded with smart sensors as well as the capacity of digital imaging, which assists the farmers to monitor the field with an elevated view and cuts the complexities such as fungal and pest infections, irrigation issues, fluctuations within soil and many more.
Agricultural Drone Market Dynamics
The surging need for an abundant food supply coupled with the constantly rising world’s population is majorly propelling the growth of the global agricultural drones market. In addition to that, agricultural drones have the capacity to assist farmers in monitoring the fields, upsurge the crop production, and keep the crops healthy and infection-free, which in turn has accelerated the demand for agricultural drones in the global market.
Owing to this, the agricultural drones market is expected to boost in the forthcoming years. On top of that, the growing trend of precision farming, in recent times, is also projected to give a breakthrough to the growth of the agricultural drones market in the near future, owing to the soaring need for field mapping that helps in overseeing the health and conditions of crops with various soil types in a precise manner.
By the same token, the abundant funding from several governments from all across the world with regard to the adoption of smart agricultural techniques is also acting as a positive driver in order to further fuel the growth of the global agricultural drones market in the coming years.
However, the lack of knowledge among the farmers and the huge cost of agricultural drones across the world may hold back the growth of the global agricultural drones market during the forecast period.
The agriculture drone market is expected to increase at a significant CAGR over the forecast period owing to the growth of advanced software solutions that are available for data Analytics and field service, supportive government policies and incentives in order to promote the agricultural sectors, and growing awareness about the benefits of agricultural drones.
Agriculture Drone Market Key Players
Some of the key participating players in the agriculture drone market are:
DJI
PrecisionHawk
Trimble Inc.
Parrot Drones
3DR
AeroVironment, Inc.
Yamaha Motor Corp.
DroneDeploy
AgEagle Aerial Systems, Inc.
OPTiM Corp.
senseFLY
Pix4D
Agribotix
Sentera Inc.
ATMOS UAV
Delair
Nileworks Inc.
Agriculture Drone Market Segmentation
The agriculture drone market is segmented on the basis of product type, component, application, and region.
By Product Type
• Hardware
o Fixed Wing Drones
o Rotary Blade Drones
o Hybrid Drones
• Software and Services
o Data Management Software
o Imaging Software
o Data Analytics Software
o Others
By Component
• Frames
• Controller Systems
• Propulsion Systems
• Camera System
• IR Cameras
o Thermal Cameras
o Lidar Cameras
o Others
• Navigation Systems
o Global Positioning System (GPS)
o Geographic Information System (GIS)
• Batteries
• Others
By Application
• Precision Agriculture
o Field Mapping
Weed Detection
Plant Counting
Crop Health Monitoring
Harvest Season Monitoring
Others
o Variable Rate Application
o Crop Scouting
o Crop Spraying
o Others
• Livestock Monitoring
• Precision Fish Farming
• Smart Greenhouse
• Others
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Agricultural Drone Market Regional Overview
On the basis of region, the global agriculture drone market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America agriculture drone market is expected to be the most dominating market throughout the forecast period. Increasing research and development personality in the agricultural sector, increasing venture funding and adoption of drones to monitor the crop health is also boosting the growth of Agriculture drones in the market. However, security and safety issues along with the reliability factor and long flight time of agriculture drones hinder the growth of this market.
MMC Overview on Agricultural Drone Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give better opportunity for the customers to put their effort.
A research report on the Agriculture Drone market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that supports market and the factors that are acting as impedance for the growth of the market. Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
• New product designs and launches
• Current product compliance
• Reimbursement
• Concerns for use of Agricultural Drone
• Advantages of Agricultural Drone
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Agriculture Drone Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Agriculture Drone Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Agriculture Drone Market Snapshot
2.4. Global Agriculture Drone Market Size and Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Agriculture Drone Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Key Regulations
2.7. Porter’s Five Forces Model
3. Global Agriculture Drone Market, By Component
3.1. Introduction
3.1.1. Annual Growth Rate Comparison, By Component
3.1.2. BPS Analysis, By Component
3.2. Market Revenue (US$Mn) Forecast, By Component
3.2.1. Frames
3.2.2. Controller Systems
3.2.3. Propulsion Systems
3.2.4. Camera System
3.2.4.1. IR Cameras
3.2.4.2. Thermal Cameras
3.2.4.3. Lidar Cameras
3.2.4.4. Others
3.2.5. Navigation Systems
3.2.5.1. Global Positioning System (GPS)
3.2.5.2. Geographic Information System (GIS)
3.2.6. Batteries
3.2.7. Others
3.3. Global Agriculture Drone Market Attractiveness Index, By Component
4. Global Agriculture Drone Market, By Application
4.1. Introduction
4.1.1. Annual Growth Rate Comparison, By Application
4.1.2. BPS Analysis, By Application
4.2. Market Revenue (US$Mn) Forecast, By Application
4.2.1. Precision Agriculture
4.2.1.1. Field Mapping
4.2.1.1.1. Weed Detection
4.2.1.1.2. Plant Counting
4.2.1.1.3. Crop Health Monitoring
4.2.1.1.4. Harvest Season Monitoring
4.2.1.1.5. Others
4.2.1.2. Variable Rate Application
4.2.1.3. Crop Scouting
4.2.1.4. Crop Spraying
4.2.1.5. Others
4.2.2. Livestock Monitoring
4.2.3. Precision Fish Farming
4.2.4. Smart Greenhouse
4.2.5. Others
4.3. Global Agriculture Drone Market Attractiveness Index, By Application
5. Global Agriculture Drone Market, By Product Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Product Type
5.1.2. BPS Analysis, By Product Type
5.2. Market Revenue (US$Mn) Forecast, By Product Type
5.2.1. Hardware
5.2.1.1. Fixed Wing Drones
5.2.1.2. Rotary Blade Drones
5.2.1.3. Hybrid Drones
5.2.2. Software and Services
5.2.2.1. Data Management Software
5.2.2.2. Imaging Software
5.2.2.3. Data Analytics Software
5.2.2.4. Others
5.3. Global Agriculture Drone Market Attractiveness Index, By Product Type
6. Global Agriculture Drone Market, By Region
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Region
6.1.2. BPS Analysis, By Region
6.2. Market Revenue (US$Mn) Forecast, By Region
6.2.1. North America
6.2.2. Latin America
6.2.3. Europe
6.2.4. Asia Pacific
6.2.5. Middle East
6.2.6. Africa
6.3. Global Agriculture Drone Market Attractiveness Index, By Region
7. North America Agriculture Drone Market Analysis and Forecast, 2020–2028
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Country
7.1.2. BPS Analysis, By Country
7.2. Market Revenue (US$Mn) Forecast, By Country
7.2.1. U.S. Agriculture Drone Market
7.2.2. Canada Agriculture Drone Market
7.3. North America Agriculture Drone Market, By Component
7.3.1. Frames
7.3.2. Controller Systems
7.3.3. Propulsion Systems
7.3.4. Camera System
7.3.4.1. IR Cameras
7.3.4.2. Thermal Cameras
7.3.4.3. Lidar Cameras
7.3.4.4. Others
7.3.5. Navigation Systems
7.3.5.1. Global Positioning System (GPS)
7.3.5.2. Geographic Information System (GIS)
7.3.6. Batteries
7.3.7. Others
7.4. North America Agriculture Drone Market, By Application
7.4.1. Precision Agriculture
7.4.1.1. Field Mapping
7.4.1.1.1. Weed Detection
7.4.1.1.2. Plant Counting
7.4.1.1.3. Crop Health Monitoring
7.4.1.1.4. Harvest Season Monitoring
7.4.1.1.5. Others
7.4.1.2. Variable Rate Application
7.4.1.3. Crop Scouting
7.4.1.4. Crop Spraying
7.4.1.5. Others
7.4.2. Livestock Monitoring
7.4.3. Precision Fish Farming
7.4.4. Smart Greenhouse
7.4.5. Others
7.5. North America Agriculture Drone Market, By Product Type
7.5.1. Hardware
7.5.1.1. Fixed Wing Drones
7.5.1.2. Rotary Blade Drones
7.5.1.3. Hybrid Drones
7.5.2. Software and Services
7.5.2.1. Data Management Software
7.5.2.2. Imaging Software
7.5.2.3. Data Analytics Software
7.5.2.4. Others
7.6. North America Agriculture Drone Market Attractiveness Index
7.6.1. By Country
7.6.2. By Component
7.6.3. By Application
7.6.4. By Product Type
8. Latin America Agriculture Drone Market Analysis and Forecast, 2020–2028
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Country
8.1.2. BPS Analysis, By Country
8.2. Market (US$Mn) Forecast, By Country
8.2.1. Brazil Agriculture Drone Market
8.2.2. Mexico Agriculture Drone Market
8.2.3. Argentina Agriculture Drone Market
8.2.4. Rest of Latin America Agriculture Drone Market
8.3. Latin America Agriculture Drone Market, By Component
8.3.1. Frames
8.3.2. Controller Systems
8.3.3. Propulsion Systems
8.3.4. Camera System
8.3.4.1. IR Cameras
8.3.4.2. Thermal Cameras
8.3.4.3. Lidar Cameras
8.3.4.4. Others
8.3.5. Navigation Systems
8.3.5.1. Global Positioning System (GPS)
8.3.5.2. Geographic Information System (GIS)
8.3.6. Batteries
8.3.7. Others
8.4. Latin America Agriculture Drone Market, By Application
8.4.1. Precision Agriculture
8.4.1.1. Field Mapping
8.4.1.1.1. Weed Detection
8.4.1.1.2. Plant Counting
8.4.1.1.3. Crop Health Monitoring
8.4.1.1.4. Harvest Season Monitoring
8.4.1.1.5. Others
8.4.1.2. Variable Rate Application
8.4.1.3. Crop Scouting
8.4.1.4. Crop Spraying
8.4.1.5. Others
8.4.2. Livestock Monitoring
8.4.3. Precision Fish Farming
8.4.4. Smart Greenhouse
8.4.5. Others
8.5. Latin America Agriculture Drone Market, By Product Type
8.5.1. Hardware
8.5.1.1. Fixed Wing Drones
8.5.1.2. Rotary Blade Drones
8.5.1.3. Hybrid Drones
8.5.2. Software and Services
8.5.2.1. Data Management Software
8.5.2.2. Imaging Software
8.5.2.3. Data Analytics Software
8.5.2.4. Others
8.6. Latin America Agriculture Drone Market Attractiveness Index
8.6.1. By Country
8.6.2. By Component
8.6.3. By Application
8.6.4. By Product Type
9. Europe Agriculture Drone Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market (US$Mn) Forecast, By Country
9.2.1. U.K. Agriculture Drone Market
9.2.2. Germany Agriculture Drone Market
9.2.3. Italy Agriculture Drone Market
9.2.4. France Agriculture Drone Market
9.2.5. Spain Agriculture Drone Market
9.2.6. Russia Agriculture Drone Market
9.2.7. Poland Agriculture Drone Market
9.2.8. BENELUX Agriculture Drone Market
9.2.9. NORDIC Agriculture Drone Market
9.2.10. Rest of Europe Agriculture Drone Market
9.3. Europe Agriculture Drone Market, By Component
9.3.1. Frames
9.3.2. Controller Systems
9.3.3. Propulsion Systems
9.3.4. Camera System
9.3.4.1. IR Cameras
9.3.4.2. Thermal Cameras
9.3.4.3. Lidar Cameras
9.3.4.4. Others
9.3.5. Navigation Systems
9.3.5.1. Global Positioning System (GPS)
9.3.5.2. Geographic Information System (GIS)
9.3.6. Batteries
9.3.7. Others
9.4. Europe Agriculture Drone Market, By Application
9.4.1. Precision Agriculture
9.4.1.1. Field Mapping
9.4.1.1.1. Weed Detection
9.4.1.1.2. Plant Counting
9.4.1.1.3. Crop Health Monitoring
9.4.1.1.4. Harvest Season Monitoring
9.4.1.1.5. Others
9.4.1.2. Variable Rate Application
9.4.1.3. Crop Scouting
9.4.1.4. Crop Spraying
9.4.1.5. Others
9.4.2. Livestock Monitoring
9.4.3. Precision Fish Farming
9.4.4. Smart Greenhouse
9.4.5. Others
9.5. Europe Agriculture Drone Market, By Product Type
9.5.1. Hardware
9.5.1.1. Fixed Wing Drones
9.5.1.2. Rotary Blade Drones
9.5.1.3. Hybrid Drones
9.5.2. Software and Services
9.5.2.1. Data Management Software
9.5.2.2. Imaging Software
9.5.2.3. Data Analytics Software
9.5.2.4. Others
9.6. Europe Agriculture Drone Market Attractiveness Index
9.6.1. By Country
9.6.2. By Component
9.6.3. By Application
9.6.4. By Product Type
10. Asia Pacific Agriculture Drone Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. China Agriculture Drone Market
10.2.2. India Agriculture Drone Market
10.2.3. Japan Agriculture Drone Market
10.2.4. Australia and New Zealand Agriculture Drone Market
10.2.5. South Korea Agriculture Drone Market
10.2.6. ASEAN Agriculture Drone Market
10.2.7. Rest of Asia Pacific Agriculture Drone Market
10.3. Asia Pacific Agriculture Drone Market, By Component
10.3.1. Frames
10.3.2. Controller Systems
10.3.3. Propulsion Systems
10.3.4. Camera System
10.3.4.1. IR Cameras
10.3.4.2. Thermal Cameras
10.3.4.3. Lidar Cameras
10.3.4.4. Others
10.3.5. Navigation Systems
10.3.5.1. Global Positioning System (GPS)
10.3.5.2. Geographic Information System (GIS)
10.3.6. Batteries
10.3.7. Others
10.4. Asia Pacific Agriculture Drone Market, By Application
10.4.1. Precision Agriculture
10.4.1.1. Field Mapping
10.4.1.1.1. Weed Detection
10.4.1.1.2. Plant Counting
10.4.1.1.3. Crop Health Monitoring
10.4.1.1.4. Harvest Season Monitoring
10.4.1.1.5. Others
10.4.1.2. Variable Rate Application
10.4.1.3. Crop Scouting
10.4.1.4. Crop Spraying
10.4.1.5. Others
10.4.2. Livestock Monitoring
10.4.3. Precision Fish Farming
10.4.4. Smart Greenhouse
10.4.5. Others
10.5. Asia Pacific Agriculture Drone Market, By Product Type
10.5.1. Hardware
10.5.1.1. Fixed Wing Drones
10.5.1.2. Rotary Blade Drones
10.5.1.3. Hybrid Drones
10.5.2. Software and Services
10.5.2.1. Data Management Software
10.5.2.2. Imaging Software
10.5.2.3. Data Analytics Software
10.5.2.4. Others
10.6. Asia Pacific Agriculture Drone Market Attractiveness Index
10.6.1. By Country
10.6.2. By Component
10.6.3. By Application
10.6.4. By Product Type
11. Middle East Agriculture Drone Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. GCC Countries Agriculture Drone Market
11.2.2. Israel Agriculture Drone Market
11.2.3. Oman Agriculture Drone Market
11.2.4. Rest of Middle East Agriculture Drone Market
11.3. Middle East Agriculture Drone Market, By Component
11.3.1. Frames
11.3.2. Controller Systems
11.3.3. Propulsion Systems
11.3.4. Camera System
11.3.4.1. IR Cameras
11.3.4.2. Thermal Cameras
11.3.4.3. Lidar Cameras
11.3.4.4. Others
11.3.5. Navigation Systems
11.3.5.1. Global Positioning System (GPS)
11.3.5.2. Geographic Information System (GIS)
11.3.6. Batteries
11.3.7. Others
11.4. Middle East Agriculture Drone Market, By Application
11.4.1. Precision Agriculture
11.4.1.1. Field Mapping
11.4.1.1.1. Weed Detection
11.4.1.1.2. Plant Counting
11.4.1.1.3. Crop Health Monitoring
11.4.1.1.4. Harvest Season Monitoring
11.4.1.1.5. Others
11.4.1.2. Variable Rate Application
11.4.1.3. Crop Scouting
11.4.1.4. Crop Spraying
11.4.1.5. Others
11.4.2. Livestock Monitoring
11.4.3. Precision Fish Farming
11.4.4. Smart Greenhouse
11.4.5. Others
11.5. Middle East Agriculture Drone Market, By Product Type
11.5.1. Hardware
11.5.1.1. Fixed Wing Drones
11.5.1.2. Rotary Blade Drones
11.5.1.3. Hybrid Drones
11.5.2. Software and Services
11.5.2.1. Data Management Software
11.5.2.2. Imaging Software
11.5.2.3. Data Analytics Software
11.5.2.4. Others
11.6. Middle East Agriculture Drone Market Attractiveness Index
11.6.1. By Country
11.6.2. By Component
11.6.3. By Application
11.6.4. By Product Type
12. Africa Agriculture Drone Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. South Africa Agriculture Drone Market
12.2.2. Egypt Agriculture Drone Market
12.2.3. North Africa Agriculture Drone Market
12.2.4. Rest of Africa Agriculture Drone Market
12.3. Africa Agriculture Drone Market, By Component
12.3.1. Frames
12.3.2. Controller Systems
12.3.3. Propulsion Systems
12.3.4. Camera System
12.3.4.1. IR Cameras
12.3.4.2. Thermal Cameras
12.3.4.3. Lidar Cameras
12.3.4.4. Others
12.3.5. Navigation Systems
12.3.5.1. Global Positioning System (GPS)
12.3.5.2. Geographic Information System (GIS)
12.3.6. Batteries
12.3.7. Others
12.4. Africa Agriculture Drone Market, By Application
12.4.1. Precision Agriculture
12.4.1.1. Field Mapping
12.4.1.1.1. Weed Detection
12.4.1.1.2. Plant Counting
12.4.1.1.3. Crop Health Monitoring
12.4.1.1.4. Harvest Season Monitoring
12.4.1.1.5. Others
12.4.1.2. Variable Rate Application
12.4.1.3. Crop Scouting
12.4.1.4. Crop Spraying
12.4.1.5. Others
12.4.2. Livestock Monitoring
12.4.3. Precision Fish Farming
12.4.4. Smart Greenhouse
12.4.5. Others
12.5. Africa Agriculture Drone Market, By Product Type
12.5.1. Hardware
12.5.1.1. Fixed Wing Drones
12.5.1.2. Rotary Blade Drones
12.5.1.3. Hybrid Drones
12.5.2. Software and Services
12.5.2.1. Data Management Software
12.5.2.2. Imaging Software
12.5.2.3. Data Analytics Software
12.5.2.4. Others
12.6. Africa Agriculture Drone Market Attractiveness Index
12.6.1. By Country
12.6.2. By Component
12.6.3. By Application
12.6.4. By Product Type
13. Recommendation
13.1. Market Strategy
14. Competitive Landscape
14.1. Competition Dashboard
14.2. List and Company Overview of Global Key Players
14.3. Company Profiles
14.3.1. DJI
14.3.1.1. Company Overview
14.3.1.2. Financial Overview
14.3.1.3. Component Portfolio
14.3.1.4. Key Developments
14.3.1.5. Business Strategies
14.3.2. PrecisionHawk
14.3.3. Trimble Inc.
14.3.4. Parrot Drones
14.3.5. 3DR
14.3.6. AeroVironment, Inc.
14.3.7. Yamaha Motor Corp.
14.3.8. DroneDeploy
14.3.9. AgEagle Aerial Systems, Inc.
14.3.10. OPTiM Corp.
14.3.11. senseFLY
14.3.12. Pix4D
14.3.13. Agribotix
14.3.14. Sentera Inc.
14.3.15. ATMOS UAV
14.3.16. Delair
14.3.17. Nileworks Inc.
15. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global agriculture drone market in 2020 is estimated for more than US$ 1.3 Bn and expected to reach a value of US$ 10.5 Bn by 2028 with a significant CAGR of 35.6%.
What are the key factors driving the growth of market?
The surging need for an abundant food supply coupled with the constantly rising world’s population, growing trend of precision farming, and soaring need for field mapping that helps in overseeing the health and conditions of crops with various soil types in a precise manner are the key factors driving the growth of market
What segments are covered in market report?
The agriculture drone market is segmented on the basis of product type, component, application, and region.
What are the key participating players in the market?
Some of the key participating players in the agriculture drone market are DJI, PrecisionHawk, Trimble Inc., Parrot Drones, 3DR, AeroVironment, Inc., Yamaha Motor Corp., DroneDeploy, AgEagle Aerial Systems, Inc., OPTiM Corp., senseFLY, Pix4D, Agribotix, Sentera Inc., ATMOS UAV, Delair, and Nileworks Inc.
