Summary

Global Agriculture Drone Market is valued approximately at USD 1.2 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 35.9% over the forecast period 2021-2027. The growth in venture investments for the research and development of agriculture drone and increasing adoption of precision agriculture farming are the factors which are driving the growth of Agriculture Drone market. Furthermore, due to climate change the demand for advanced solutions is increasing in agriculture industries will be anticipating the growth of market in forecasted period. For instance: in March 2020, AeroVironment, Inc. partnered with Draganfly for the distribution of AeroVironment’s Quantix Mapper systems to commercial markets globally. The strategic step also included the continuation of other engineering services provided by Draganfly to AeroVironment. However, Aerial View has issues with soil quality, irrigation, and other insecticides which may impede market growth over the forecast period of 2021-2027.

Global Agriculture Drone market analysis on basis of region which includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a significant region across the world in terms of market share due to adoption of new technologies in the agriculture industry in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to availability of spacious farms and government subsidies for farming in the region.
Major market player included in this report are:
DJI (China)
Precision Hawk (US)
Trimble Inc. (US)
Parrot Drones (France)
3DR (US)
AeroVironment, Inc. (US)
Yamaha Motor Corp. (Japan)
Drone Deploy (US)
Ag Eagle Aerial Systems, Inc. (US),
OPTiM Corp. (Japan)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Hardware
Software
By Applications
Field Mapping
Variable Rate Application
Crop Scouting
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Agriculture Drone Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors