Global Agriculture Drones Market By Components (Hardware, Software, and Service), By Type (Fixed-Wing, Rotary-Wing, and Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

The Global Agriculture Drone Market size is expected to be worth around USD 11.6 Billion by 2032, From USD 1.7 Billion by 2023, growing at a CAGR of 21.20% during the forecast period from 2023 to 2032.

Drones for agriculture are unmanned drones that can be used to spray fertilizer on crops and monitor crop growth. Drone sensors and digital imaging capabilities will provide farmers with a better view of their fields. In the coming years, smart agriculture technologies such as precision agriculture will drive demand for drones for agriculture.

These drones are able to maximize crop production and play an important role in advanced farming management. These drones are used extensively by farmers for key purposes such as soil assessment and crop management, irrigation, drainage, fertility, crop protection, fertilizer spraying, pesticide spraying, harvest planning, and fertilizer & insecticide spraying.

For complete field monitoring, drone technology can be combined with technological advancements like sensors, RGB cameras, and analytical software. There is a great demand for sustainable long-term agriculture due to the rapid growth of the global population. Drones are the ideal tool to help us achieve sustainable food systems in the future.

Drone technology is rapidly improving drone capabilities to create 3D maps that allow for the analysis of farmlands in real time. These drones are equipped with thermal sensors and advanced imaging systems that can pinpoint the specific water and nutrient needs of particular areas.

UAVs can also plant seeds in the soil, which significantly reduces costs. The agriculture drone market for the agriculture industry UAVs is expected to grow in the future due to increasing demand.

Driving Factors

Rise In Need For Precision Farming Technology Is The Main Driver of the Agriculture Drone Market.

The United Nations Department of Economic and Social Affairs predicts that the world’s population will reach 9.8 billion in 2050, up from 7.6 billion today. Farmers must be able to recognize and use technologies to increase food production and meet the growing food demand. The most promising sector in today’s economy is agriculture.

However, it is facing many problems, such as insufficient labor, extreme weather conditions, and inefficient fertilizer application. These problems can lead to crop diseases, insecticides, pesticides, and other crop health issues or insect bites.

Advanced technologies such as agriculture drones can be used to overcome these problems. They have great potential for applications like irrigation, crop spraying, monitoring, soil analysis, Bird control, etc. Agronomists, farmers & growers all look for cost-effective and affordable ways to improve the health of their crops.

Infrared sensors are used to detect crop health and help farmers take the necessary steps to improve their crop conditions. The forecast period will see a rise in demand for precision farming techniques and innovative technologies like agriculture drones.

Restraining Factors

Data Privacy Concerns and The Development of Government Policies May Restraint The Agriculture Drone Market Growth.

Agriculture drones are growing rapidly and will continue to grow due to several factors. This growth is slowed by government regulations that restrict the use of agricultural drones due to data privacy concerns.

Federal Aviation Administration (FAA), for example, has ruled out policies in the Small Unmanned Aircraft Rule (107) that unmanned aircraft must not exceed 55 pounds and be at least 400 feet above the ground. It also prohibits them from carrying hazardous materials.

Drone manufacturers, on the other hand, find it difficult to reach potential customers due to limited knowledge among farmers. The lack of knowledge about software applications that can analyze and improve productivity makes it difficult for farmers to purchase drones.

This also hinders this market growth. The Agriculture Drone Market growth is also hampered by cybersecurity concerns. If these issues are addressed, it will be possible to expand the market in the near future.

Growth Opportunities

Rising Need for Automation and Continuous Monitoring Systems.

Automation is rapidly changing with a rise in awareness and the ability to perform crucial tasks that are difficult for humans to do under extreme conditions. The growth of automation and monitoring systems that allow business executives to make data-based decisions has been aided by continuous developments in sensors.

End-user industries have also benefited from increased awareness about predictive maintenance of heavy industrial machines and other critical setups. This will result in a rise in demand for drones for agriculture due to the reduction of battery-operated sensors as well as the minimization of maintenance costs.

Latest Trends

Due To Lack of Labour Availability Eventually, increased the Adoption of Precision Farming.

The agricultural industry can profit greatly from precision farming. Several technologies, such as GPS as well as guided vehicles, are being established to usher in a new era of precision farming.

The Agriculture Drone Market for agricultural and precision farming drones will expand as the agriculture industry continues to expand quickly. Due to the growing manpower shortage in agriculture, precision farming instruments like agricultural drones have become more and more important.

Bigger farms in the US are using precision agriculture more frequently and implementing strategies despite technological obstacles. Few seasonal laborers from Mexico crossed the border as a result of the outbreak. This interfered with farmers’ plans to produce in the spring and brought in ready-to-eat products like lettuce in California, tomatoes in Florida, and berries in South Carolina.

Component Analysis

Hardware Component Segment Dominates the Agriculture Drone Market Growth.

The Agriculture Drone Market is expected to be dominated by the hardware component segment over the forecast period. Hardware for agricultural drones includes cutting-edge GPS technologies, frameworks, controls, propulsion structures, as well as other components.

Hardware elements are essential for data collection, field and crop monitoring, crop spraying, and data capture. This industry is growing because of the need to repair, customize, and upgrade drone parts in order to extend their lifespan and provide a competitive advantage.

The growing Agriculture Drone Market for data analysis and management by drones is expected to drive the software segment to a significant extent. Agriculture Drone Market growth is also possible due to the increasing use of AI and smarter machine learning technologies in traditional data analytics technologies.

Type Analysis

The Rotary Wing Segment Dominates the Market Growth.

The segment of rotary wings will experience the fastest growth over the forecast period. Because they are easy to control for elevation and direction, rotary drones are the most popular. These drones offer the best balance between price, control, lift, and maneuverability. DJI Technology Co., Ltd. sells the DJI Matrice 200 series multi-propeller drone.

The DJI Matrice 210RTK has a payload of up to 2KG and a range of up to 7KM. This is sufficient for most agricultural surveying applications. Fixed-wing aircraft have the advantage of being able to fly long distances with a single battery. Commercial versions are more efficient than their commercial counterparts and can fly for up to an hour.

They also cover an area of approximately 400 hectares. This makes them ideal for inspecting oil pipelines and electrical pylons.

Agriculture Drone Key Market Segments

Based on Component

• Hardware
• Software
• Service

Based on Type

• Fixed-Wing
• Rotary-Wing
• Others

COVID-19 Impact Analysis

The Shortage of Skilled Workers, Disruptions In Supply Chains, Clogged Transport, Etc.

The unusual situation created by the new coronavirus outbreak caused havoc in human populations and government agencies, posing a threat to lives. The authorities implemented strict policies, including lockdowns, movement restrictions, and shutting down industrial and other non-commercial facilities.

The enforcement of the stay-at-home policies led to shortages of labor and increased consumer demand, which delayed supply chain operations. The shortage of skilled workers, disruptions in supply chains, clogged transport, and a standstill in semiconductor manufacturing were all factors that affected the agriculture drone industry.

The human movement restrictions meant that the demand for semiconductors grew due to the increasing need for automation and monitoring in end-use industries, including agriculture. This demand was not met due to supply chain disruptions and production delays. There were also shortages of workers, increased raw material prices, and an insufficient workforce.

Regional Analysis

North America Region Dominates the Market Globally.

North America will have the largest Agriculture Drone Market share due to the growing demand for automation in agriculture activities. Due to the many benefits of agriculture drones, the US is expected to lead the North American country-level market. These include the rise in demand for precision farming technology and government initiatives to encourage efficient farming practices.

Asia-Pacific is expected to grow at the fastest rate and was second in the global agriculture drone market for agriculture drones during the forecast period. This is due to rapid digital transformation, a high number of farmers contributing to GDP, and the benefits provided by drones in agriculture to overcome productivity issues.

The Europe region will remain in third place during the forecast period because of the higher adoption rate for agriculture drones. This is due to the improved productivity, sustainability, and profitability of farmers who adopted this technology.

Key Regions and Countries Covered in this Report:

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America
• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Market Share & Key Players Analysis

Due to the presence of major players in the region, the global agriculture drone market is fragmented. Drone Deploy, DJI, GoPro, Precision Hawk, and AeroVironment Inc. currently hold a dominant market share. The lack of barriers to entry will likely result in more domestic players entering the global drone market. Trimble Navigation Ltd., 3D Robotics, and other key players are offering global drone hardware and software solutions.

These key companies are often associated with innovative product development and innovation. The product portfolios of these companies are designed to be used in various farming operations and incorporate advanced systems.

Their brand value has been boosted by the introduction of new products like AGRAS MG-1 and eBee SQ. The key players in this market have adopted several strategies to increase their market share, including new product development, strategic acquisitions, and collaborations with local companies.

Market Key Players:

Listed below are some of the most prominent Agriculture Drone industry players.

• Drone Deploy
• DJI
• GoPro
• Precision Hawk
• AeroVironment Inc.
• Trimble Inc.
• 3D Robotics
• Ageagle Aerial Systems, Inc.
• Parrot Drone
• Sintera LLC.
• Delair Tech SAS
• Other Key Players

Recent Developments:

• The Prime Minister of India unveiled 100 drones for agriculture on the 19th of February 2022. These drones were built in India. This announcement comes shortly after recent policy changes and incentives in the Union budget for the fiscal year 2022-2023. This will increase investments in the drone industry, especially in the agricultural sector, which contributes more than 21% to the overall GDP. It also creates opportunities for youth.
• DJI, a leader in the manufacture of drones for agriculture, has announced the launch of new products, including T40P and T20P, which are designed to be used for agricultural activities such as spraying pesticides on fruit trees and fertilizing them with fertilizers.
• AgEagle Aerial Systems Inc. (US), which is a drone manufacturing company, announced the acquisition of MicaSense, Inc., a European drone group- Parrot, for more than USD 23 million. Many of the world’s leading multicopter and fixed-wing drone manufacturers, such as DraganFly and senseFly, Quantum-Systems, and Wingtra, have formed partnerships with the acquired company. MicaSense also patented its high-precision thermal and multispectral sensors for aerial mapping and analytics to meet the needs of the agricultural industry.
• Sentara, a software company that provides software for agriculture and food, announced a Series C funding raise of more than USD 25 million on June 10, 2021. These funds will be used to increase the delivery of AI-enabled decision support for the agriculture and food industry.

Report Scope