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Agriculture Drones Market Size, Trends, Industry Growth and Forecast 2023-2028

11-23-2023 06:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Agriculture Drones Market Size, Trends, Industry Growth

IMARC Group's report titled "Agriculture Drones Market Report by Offering (Hardware, Software), Component (Controller Systems, Propulsion Systems, Cameras, Batteries, Navigation Systems, and Others), Farming Environment (Indoor, Outdoor), Application (Field Mapping, Variable Rate Application, Crop Scouting, and Others), and Region 2023-2028". The global agriculture drones market size reached US$ 1,530.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 9,558.4 Million by 2028, exhibiting a growth rate (CAGR) of 35.65% during 2023-2028.

Agriculture drones, also known as agricultural unmanned aerial vehicles (UAVs), are innovative technology solutions that have revolutionized modern farming practices. These drones are designed to assist farmers in various aspects of crop management and precision agriculture. They typically consist of a lightweight aircraft equipped with cameras and sensors. Agriculture drones serve multiple purposes in the farming industry. They can capture high-resolution aerial imagery of fields, providing farmers with valuable insights into crop health, soil conditions, and pest infestations. This data enables more informed decision-making, allowing farmers to optimize irrigation, fertilization, and pesticide application, ultimately increasing crop yields and reducing resource waste.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/agriculture-drones-market/requestsample

Agriculture Drones Market Trends and Drivers:

Precision agriculture, which involves optimizing farming practices for efficiency and resource management, is a key driver. Agriculture drones play a crucial role by providing farmers with real-time data on crop health, moisture levels, and pest infestations. This data enables precise decision-making and targeted interventions, leading to increased crop yields and reduced operational costs. Additionally, agriculture drones offer cost-effective solutions for monitoring and managing large agricultural areas. Compared to traditional methods like manual scouting or satellite imagery, drones can cover extensive fields quickly and at a lower cost, making them an attractive option for farmers looking to optimize their operations. Other than this, as awareness about the benefits of agriculture drones has grown, so has their adoption. Farmers and agricultural businesses are increasingly recognizing the value of drones in improving crop yields, reducing risks, and enhancing overall productivity. Besides this, the modern farming landscape is increasingly reliant on data-driven decision-making. Agriculture drones generate a wealth of data that can be used for predictive analytics and trend analysis, allowing farmers to plan for the future and adapt to changing conditions. In line with this, growing environmental concerns and the need for sustainable farming practices have driven the adoption of agriculture drones. By providing precise data on crop conditions, drones enable farmers to reduce the use of pesticides and fertilizers, thereby minimizing the environmental impact of agriculture. Furthermore, numerous governments around the world have recognized the potential benefits of agriculture drones and have introduced regulations that support their use. These regulations provide a framework for safe drone operations in agriculture and encourage farmers to integrate drones into their practices.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Offering:

Hardware
Fixed Wing
Rotary Wing
Hybrid Wing
Software
Data Management Software
Imaging Software
Data Analytics Software
Others

Breakup by Component:

Controller Systems
Propulsion Systems
Cameras
Batteries
Navigation Systems
Others

Breakup by Farming Environment:

Indoor
Outdoor

Breakup by Application:

Field Mapping
Variable Rate Application
Crop Scouting
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

3D Robotics Inc.
AeroVironment Inc.
AGCO Corporation
AgEagle Aerial Systems Inc.
American Robotics Inc. (Ondas Holdings Inc.)
DJI
DroneDeploy
Parrot Drone SAS
PrecisionHawk, Trimble Inc.
Yamaha Motor Co. Ltd.

Explore full report with table of contents: https://www.imarcgroup.com/agriculture-drones-market

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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