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#Agriculture DroneMarket
freefartexpert · 1 year
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Agriculture Drones Market to Reach $14.06 Billion by 2030 - Exclusive Report by Meticulous Research®
Meticulous Research®—a leading global market research company, published a research report titled, “Agriculture Drones Market by Offering (Hardware, Software), Payload (Less than 10 kg, 10 kg to 30 kg, More than 30 kg), Application (Precision Agriculture, Livestock Monitoring, Precision Fish Farming), and Geography - Global Forecast to 2030.” According to the report, the global agriculture drones market is projected to reach $14.06 billion by 2030, at a CAGR of 11.9% from 2023 to 2030. The growth of this market is attributed to the rising adoption of drones for smart farming in Asia-Pacific and Latin America, growth in venture funding for the development of agriculture drones, and integration of information and communication technologies (ICTs) in agriculture. However, the technical limitation of drones is restraining the market growth.
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The rising pressure on global food supply due to the growing global population and favorable government initiatives to promote automation in the agriculture sector are expected to create significant opportunities for this market. However, the high initial and maintenance cost of drones and a lack of technical knowledge among farmers are challenging the growth of this market.
The global agriculture drone market is segmented based on offering, payload, application, and geography. The study also evaluates industry competitors and analyses the regional and country-level markets.
The key players operating in the global agriculture drones market SZ DJI Technology Co., Ltd. (China), Parrot Drones SAS (France), PrecisionHawk, Inc. (U.S.), AeroVironment, Inc. (U.S.), AgEagle Aerial Systems Inc. (U.S.), American Robotics, Inc. (U.S.), Yamaha Motor Co., Ltd. (Japan), Sentera Inc. (U.S.), mdGroup Germany GmbH (Germany), GUANGZHOU XAG CO., LTD. (China), Atmos UAV B.V. (Netherlands), Marut Dronetech Private Limited (India), Israel Aerospace Industries Ltd. (Israel), DroneDeploy, Inc. (U.S.), and Garuda Aerospace Pvt Ltd (India).
Based on offering, the global agriculture drones market is segmented into hardware and software. In 2023, the hardware segment is expected to account for the larger share of the global agriculture drones market. However, the software segment is projected to register the highest CAGR during the forecast period. Developments in advanced drone software technology and the increasing demand for software for better data analysis in agriculture and analyzing data and image processing for surveying purposes in agriculture are the major factors driving the growth of this segment. The software segment is further classified into flight management software, data management software, drone mapping software, image processing software, and data analytics software.
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Based on payload, the global agriculture drones market is segmented into less than 10 kg, 10 kg to 30 kg, and more than 30 kg. In 2023, less than 10 kg is expected to account for the largest share of the global agriculture drones market. Heavy payload leads to a low flight range of drones, which restricts the growth of drones with a heavy payload. Small drones come with less payload capacity. Such small drones are used for field mapping, crop scouting and monitoring crop health. This increasing application of field mapping and crop health monitoring in agriculture to leverage data analytics capabilities for better decisions contributes to the large share of this segment. However, the 10 kg to 30 kg segment is projected to register the highest CAGR during the forecast period. This segment's growth is driven by the growing demand for variable-rate applications in precision agriculture, such as spraying and spreading fertilizer, agrochemicals, and seeds.
Based on application, the global agriculture drones market is segmented into precision agriculture, livestock monitoring, precision fish farming, and other applications. The precision agriculture segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by support from governments across the world to raise awareness about precision farming and the increased use of data to increase efficiency in agriculture and growing agricultural revenue. The precision agriculture segment comprises field mapping/surveying, crop health monitoring, crop spraying, and seed planting.
Based on geography, the global agriculture drones market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the agriculture drones market. The large share of this market is attributed to the growing demand for high-quality crops, the growing cost of labor, the increasing adoption of automation and advanced technologies in the agriculture sector, and supporting government initiatives for precision farming. However, The Asia-Pacific is slated to register the highest CAGR during the forecast period. The growth in this market is primarily driven by the rapid growth in the population and surging food demand, accelerated economic growth of countries in the region, rising technological advancements in the agriculture sector, and government funding for precision farming.
To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/agriculture-drone-market-4986
Report Scope:
Agriculture Drones Market, by Offering           
Hardware       
Rotary Blade
Fixed Wing
Hybrid
Software        
Flight Management Software
Data Management Software
Drone Mapping Software
Image Processing Software
Data Analytics Software
Agriculture Drones Market Size & Trend Analysis, by Payload
Less than 10 kg
10 kg to 30 kg
More than 30 kg
Agriculture Drones Market Size & Trend Analysis, by Application
Precision Agriculture   
Field Mapping/Surveying
Crop Health Monitoring
Crop Spraying
Seed Planting
Other Precision Agriculture Applications
Livestock Monitoring   
Precision Fish Farming                
Other Applications
Agriculture Drones Market Size & Trend Analysis, by Geography
North America              
U.S.
Canada
Europe           
U.K.
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific   
China
India
Japan
Australia
Indonesia
Malaysia
Rest of Asia-Pacific
Latin America               
Mexico
Brazil
Argentina
Rest of Latin America
Middle East & Africa    
UAE
Saudi Arabia
Israel
Rest of Middle East & Africa
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About Meticulous Research®
Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding,  California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- [email protected]  Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Content Source: https://www.meticulousresearch.com/pressrelease/212/agriculture-drone-market-2030
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alexking123us · 3 years
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Drone Market Trends, Share, Size, Top Key Players Analysis and Forecast Research
The Global Drone Market 2021-2029 Report provides an in-depth analysis on the studied market that helps to seem at the longer term requirement also as prediction. The Drone Market Report evaluates the market by key market players, opportunities, value, trends, growth, market share, market competition landscape, recent developments and sales volume analysis. Additionally, it magnifies the chance for decision-making and helps create an efficient counter-strategy to realize a competitive advantage. The report provides up-to-date review of the present global market scenario, the newest developments and drivers, and therefore the overall market environment is given within the study.
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It provides the impact and recovery of Covid-19 pandemic on the Drone Market. Relevant statistical data is additionally provided within the report back to recognize the challenges caused by the outbreak of Covid-19 and methods to cope up with the present scenario.
In addition to the present, the report also covers the section of competitive landscape of the worldwide market, which incorporates the market share & positioning of all the leading players within the industry. The competitive landscape analysis provides in-depth analysis of the company’s business and performance including company overview, recent investments by top players, financial information of market players, business strategy, revenue breakup by segment and by geography, SWOT Analysis, key product offering, marketing and distribution strategies, new development. a neighborhood of recent news & development has been added to the report which covers the newest information that are related with the market covering the acquisition, expansion, technology development, research & development activities, and other market activities.
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The Following are the Key Features of Global Aluminium Trays Market Report:
Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis
Growth Drivers and Barriers, Market Trends & Market Opportunities
Porter’s Five Forces Analysis & Trade Analysis
Market Forecast Analysis for 2020-2029
Market Segments by Geographies and Countries
Market Segment Trend and Forecast
Market Analysis and Recommendations
Price Analysis
Key Market Driving Factors
DroneMarket Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.
Global DroneMarket Segmentation Analysis:
Drone Market, by Product Type:
Commercial Drone
Military Drone
Drone Market, by Payload Type:
Upto 25 Kg
25 Kg - 150 Kg
150 Kg - 600 Kg
Above 600 Kg
Drone Market, by Application Type:
Aerial Surveying & Photography
Agriculture
Construction
Film and television
Border Security
Combat Operations
Search and Rescue
Regional Insights:
The report analyses the market by geographies i.e. North America, Europe, Asia Pacific, Latin America & Middle East & Africa. Further, the regions are fragmented into the country and regional groupings:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa)
Reasons to purchase the report:
Identify possible investment areas supported a comprehensive analysis of the worldwide Drone Market over subsequent few years.
Gain in-depth knowledge of the underlying factors that drive demand for Drone Market and recognize the opportunities provided by them.
Strengthen the business knowledge in terms of industry dynamics, demand drivers, and therefore the latest technological advances among others.
Identify the main channels that drive the demand for Drone  Market, offering a robust image of potential prospects which will be tapped, leading to growth in revenue.
Channelize funds by concentrating on the continued initiatives pursued by the various countries within the global Drone  Market.
Competitive Analysis:
The key players of the market are listed during this section of the study. It helps to know the tactics and alliances that players consider fighting market rivalry. An important microscopic check out the market is given within the detailed study. The major players operating in the Global Drone  Market are
SZ DJI Technology Co Ltd
3D Robotics Inc
Aerovironment Inc.
BAE Systems
Elbit Systems
General Atomics
Israel Aerospace Industries
The Boeing Company
Northrop Grumman
Parrot SA
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