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Agriculture Drones Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2024
Length 200 Pages
SKU # FOB18820190

Description

Agriculture Drones Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Agriculture Drone Market

The agriculture drone market size was valued at USD 4.17 billion in 2022, and the market is now projected to grow from USD 4.98 billion in 2023 to USD 18.22 billion by 2030, exhibiting a CAGR of 20.3% during the forecast period of 2023-2030.

The COVID-19 pandemic created significant opportunities on the agriculture drone market growth as curbing coronavirus outbreak was prioritized. The pandemic created an unexpected need for numerous one-of-a-kind types of equipment for agricultural sports in numerous countries. For numerous months, hard work shortages because of the pandemic avoided the clean operation of delivery chains, reduced revenues, and reduced productivity.

The agriculture drone market share globally has been contributed due to the rising support by various governments. Governments around the world are more and more supporting the adoption of agriculture drones through diverse regulations and initiatives. The assistance of governments consists of R&D projects, tax incentives, subsidies, schooling and education, regulatory frameworks, and others.

Furthermore, there’s been a notable trend of the use of multi-spectral imaging and real-time data management. The multi-spectral imaging era is being used in drones on farms to seize statistics across specific wavelengths of light. This can help farmers pick out crop health troubles that aren't visible to the naked eye, including nutrient deficiencies or water health.

Comprehensive Analysis of Agriculture Drone Market

The agriculture drone market and aerospace & defense industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the aerospace & defense industry. These segmentations are methodically segregated by types, component, and application. The types include, Fixed Wing, Rotary Wing, and Hybrid. However, the application is such as Field Mapping & Monitoring, Crop Spraying, Crop Scouting, Variable Rate Application, Livestock Monitoring, and Others.

The European region is conducive to the global agriculture drone market, leading to a recall of USD 1.3 billion owing to strong research and development capabilities. This region's growth is due to a mixture of things, such as the call for drones in agriculture, strong research and development capabilities, a boom in investment, and others.

The top players in the market play a crucial role in the aerospace & defense industry assuring industrial prospectus growth and setting market standards. These players include, Trimble Navigation Ltd. (U.S.), Drone Deploy (U.S.), DJI (China), Precision Hawk Inc (U.S.), 3D Robotics (U.S.), Ag Eagle (U.S.), Parrot Drone (France), AeroVironment Inc. (U.S.), Sintera LLC (U.S.), and Delair Tech SAS (France) these market players provide a level-playing competitive landscape.

In January 2023, drone producer XAG announced that the U.K.'s Civil Aviation Authority (CAA) had granted operational acclaim for its P40 and V40 agricultural sprayers. This is the first time drone spreading and spraying have been legalized on U.K. farms.

Segmentation Table

Attribute Details

Study Period 2019-2030

Base Year 2022

Estimated Year 2023

Forecast Period 2023-2030

Historical Period 2019-2021

Growth Rate CAGR of 20.3% from 2023 to 2030

Unit Value (USD Million)

Segmentation By Type, Component, Hardware, Software, Application, and Geography

By Type

Fixed Wing

Rotary Wing

Hybrid

By Component

Hardware

Software

By Hardware

Frames

Control Systems

Propulsion System

Navigation System

Payload

Avionics

Others

By Software

Imaging Software

Data Management Software

Data Analytics Software

Others

By Application

Field Mapping & Monitoring

Crop Spraying

Crop Scouting

Variable Rate Application

Livestock Monitoring

Others

By Geography North America (By Type, Component, Hardware, Software, Application, and Country)

- U.S. (By Application)

- Canada (By Application)

Europe (By Type, Component, Hardware, Software, Application, and Country)

- U.K. (By Application)

- Germany (By Application)

- France (By Application)

- Italy (By Application)

- Russia (By Application)

- Rest of Europe (By Application)

Asia Pacific (By Type, Component, Hardware, Software, Application, and Country)

- China (By Application)

- India (By Application)

- Japan (By Application)

- South Korea (By Application)

- Australia (By Application)

- Rest of Asia Pacific (By Application)

Rest of the World (By Type, Component, Hardware, Software, Application, and Country)

- Middle East & Africa (By Application)

- Latin America (By Application)


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Table of Contents

200 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints and Opportunities and Trends
3.3. Impact of COVID-19
3.3.1. Short-term Impact
3.3.2. Long-term Impact
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Service Robotics Market Key Players Market Share Insights and Analysis, 2022
5. Global Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
5.1. Key Findings
5.2. By Type (USD)
5.2.1. Professional
5.2.2. Personal
5.3. By Application (USD)
5.3.1. Domestic
5.3.2. Industrial/ Commercial
5.3.2.1. Transportation & Logistics
5.3.2.2. Medical
5.3.2.3. Defence
5.3.2.4. Construction & Demolition
5.3.2.5. Unmanned Vehicles
5.3.2.6. Agriculture & Forestry
5.3.2.7. Retail
5.3.2.8. Others (Public Relations, etc.)
5.4. By Geography (USD)
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America
5.4.5. Middle East and Africa
6. North America Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
6.1. Key Findings
6.2. By Type (USD)
6.2.1. Professional
6.2.2. Personal
6.3. By Application (USD)
6.3.1. Domestic
6.3.2. Industrial/ Commercial
6.3.2.1. Transportation & Logistics
6.3.2.2. Medical
6.3.2.3. Defence
6.3.2.4. Construction & Demolition
6.3.2.5. Unmanned Vehicles
6.3.2.6. Agriculture & Forestry
6.3.2.7. Retail
6.3.2.8. Others (Public Relations, etc.)
6.4. By Country (USD)
6.4.1. U.S.
6.4.1.1. By type
6.4.1.1.1. Professional
6.4.1.1.2. Personal
6.4.2. Canada
6.4.2.1. By type
6.4.2.1.1. Professional
6.4.2.1.2. Personal
7. Europe Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
7.1. Key Findings
7.2. By Type (USD)
7.2.1. Professional
7.2.2. Personal
7.3. By Application (USD)
7.3.1. Domestic
7.3.2. Industrial/ Commercial
7.3.2.1. Transportation & Logistics
7.3.2.2. Medical
7.3.2.3. Defence
7.3.2.4. Construction & Demolition
7.3.2.5. Unmanned Vehicles
7.3.2.6. Agriculture & Forestry
7.3.2.7. Retail
7.3.2.8. Others (Public Relations, etc.)
7.4. By Country (USD)
7.4.1. Germany
7.4.1.1. By type
7.4.1.1.1. Professional
7.4.1.1.2. Personal
7.4.2. U.K.
7.4.2.1. By type
7.4.2.1.1. Professional
7.4.2.1.2. Personal
7.4.3. France
7.4.3.1. By type
7.4.3.1.1. Professional
7.4.3.1.2. Personal
7.4.4. Rest of Europe
8. Asia Pacific Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
8.1. Key Findings
8.2. By Type (USD)
8.2.1. Professional
8.2.2. Personal
8.3. By Application (USD)
8.3.1. Domestic
8.3.2. Industrial/ Commercial
8.3.2.1. Transportation & Logistics
8.3.2.2. Medical
8.3.2.3. Defence
8.3.2.4. Construction & Demolition
8.3.2.5. Unmanned Vehicles
8.3.2.6. Agriculture & Forestry
8.3.2.7. Retail
8.3.2.8. Others (Public Relations, etc.)
8.4. By Country (USD)
8.4.1. China
8.4.1.1. By type
8.4.1.1.1. Professional
8.4.1.1.2. Personal
8.4.2. India
8.4.2.1. By type
8.4.2.1.1. Professional
8.4.2.1.2. Personal
8.4.3. Japan
8.4.3.1. By type
8.4.3.1.1. Professional
8.4.3.1.2. Personal
8.4.4. South East Asia
8.4.4.1. By type
8.4.4.1.1. Professional
8.4.4.1.2. Personal
8.4.5. Rest of Asia-Pacific
9. Latin America Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
9.1. Key Findings
9.2. By Type (USD)
9.2.1. Professional
9.2.2. Personal
9.3. By Application (USD)
9.3.1. Domestic
9.3.2. Industrial/ Commercial
9.3.2.1. Transportation & Logistics
9.3.2.2. Medical
9.3.2.3. Defence
9.3.2.4. Construction & Demolition
9.3.2.5. Unmanned Vehicles
9.3.2.6. Agriculture & Forestry
9.3.2.7. Retail
9.3.2.8. Others (Public Relations, etc.)
9.4. By Country (USD)
9.4.1. Brazil
9.4.1.1. By type
9.4.1.1.1. Professional
9.4.1.1.2. Personal
9.4.2. Mexico
9.4.2.1. By type
9.4.2.1.1. Professional
9.4.2.1.2. Personal
9.4.3. Rest of Latin America
10. Middle East and Africa Service Robotics Market Size Estimates and Forecast (Quantitative Data), By Segment, 2019-2030
10.1. Key Findings
10.2. By Type (USD)
10.2.1. Professional
10.2.2. Personal
10.3. By Application (USD)
10.3.1. Domestic
10.3.2. Industrial/ Commercial
10.3.2.1. Transportation & Logistics
10.3.2.2. Medical
10.3.2.3. Defence
10.3.2.4. Construction & Demolition
10.3.2.5. Unmanned Vehicles
10.3.2.6. Agriculture & Forestry
10.3.2.7. Retail
10.3.2.8. Others (Public Relations, etc.)
10.4. By Country (USD)
10.4.1. GCC
10.4.1.1. By type
10.4.1.1.1. Professional
10.4.1.1.2. Personal
10.4.2. South Africa
10.4.2.1. By type
10.4.2.1.1. Professional
10.4.2.1.2. Personal
10.4.3. Rest of Middle East and Africa
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Ricoh (Japan)
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Honda Motor Co., Ltd. (Japan)
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. iRobot Corporation (U.S.)
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. KUKA AG (Germany)
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Intuitive Surgical (U.S.)
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Daifuku Co., Ltd. (Japan)
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. SoftBank Robotics Group Corp. (Japan)
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Aethon (U.S.)
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Boston Dynamics (U.S.)
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Fetch Robotics, Inc. (U.S.)
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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