Press release
Agriculture Drones Market 2023- Market Size, Major Players, Share, Industry Trends And Forecast To 2032
Agriculture Drones Market Analysis
Agriculture Drones Market Size, Growth Rate, And Forecast
The global agriculture drones market size is expected to grow from $1.46 billion in 2022 to $2.05 billion in 2023 at a compound annual growth rate (CAGR) of 40.48%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The agriculture drones market is expected to reach $5.83 billion in 2027 at a CAGR of 29.89%.
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Agriculture Drones Market Drivers
An increase in the demand for food is driving the growth of the agriculture drone market going forward. Food refers to the substance eaten by humans and animals to provide essential nutrition and nourishment to the body. The growing population of people across the globe is causing an increase in food demand. Through drone technology, farmers can adopt a multi-dimension strategy involving improvement in irrigation, control of pest infestation, monitoring crop health, labor cost reduction on farms, and so on, effectively leading to an increased crop yield.
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Agriculture Drones Market Segments
1) By Type: Fixed Wing, Rotary Blade, Hybrid
2) By Farming Environment: Outdoor, Indoor
3) By Farm Size: Small Farms, Mid-Sized Farms, Large Farms
4) By Application: Field Mapping, Variable Rate Application, Crop Spraying, Crop Scouting, Livestock, Agriculture Photography, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the agriculture drones market.
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Agriculture Drones Market Key Players
Major competitors in the agriculture drones market include SZ DJI Technology Co., Ltd., Parrot Drones SAS, 3D Robotics, Yamaha Motor Co. Ltd., DroneDeploy, AgEagle Aerial Sys, OPTiM Corporation.
The Business Research Company's "Global Agriculture Drones Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Agriculture Drones Market Include:
1. Executive Summary
2. Agriculture Drones Market Characteristics
3. Agriculture Drones Market Trends And Strategies
4. Agriculture Drones Market - Macro Economic Scenario
5. Agriculture Drones Market Size And Growth
........
26. Africa Agriculture Drones Market
27. Agriculture Drones Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agriculture Drones Market
29. Agriculture Drones Market Future Outlook and Potential Analysis
30. Appendix
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