Multi Rotor Agricultural Drone Market: Company Profiles, Segment Trends, and Industry Growth Outlook Forecast Through 2031 - JOUAV Automation Tech Co., Ltd, Fly Dragon Drone Tech, Dazzle Robotics Pvt. Ltd

DataM Intelligence has released a new research report on the Multi Rotor Agricultural Drone market. The report provides a detailed analysis of current and emerging trends, offering insights into the market dynamics. It utilizes Porter's Five Forces model to assess key factors such as supplier and customer relationships, risks from various agents, competitive intensity, and opportunities for new entrants. The study also includes research data from various companies, analyzing factors like benefits, gross margins, and strategic decisions in the global market. The report is enriched with tables, charts, and infographics for a clear presentation of the findings.

The Global Multi-Rotor Agricultural Drone Market reached US$ 431.33 million in 2023 and is expected to reach US$ 671.89 million by 2031, growing with a CAGR of 5.64% during the forecast period 2024-2031.

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A multi-rotor agricultural drone is an unmanned aerial vehicle (UAV) equipped with multiple rotors, typically four or more, designed specifically for agricultural applications. These drones are used for various tasks, including crop monitoring, precision agriculture, field mapping, and pesticide or fertilizer application. Their ability to hover and maneuver at low altitudes allows for detailed aerial imagery and data collection, enhancing farmers' ability to assess crop health, optimize inputs, and improve yields. Multi-rotor drones are valued for their versatility, ease of use, and ability to cover large areas efficiently.

List of the Key Players in the Multi Rotor Agricultural Drone Market:

JOUAV Automation Tech Co., Ltd, Fly Dragon Drone Tech, Dazzle Robotics Pvt. Ltd., ALIGN Corporation Limited, Hongfei Aviation Technology Co., Ltd., Revolution AG Pty Ltd, Jiangsu Digital Eagle Technology Development Co., Ltd, Draganfly Innovations Inc., Marut Dronetech Private Limited and Aero Systems West.

Key Developments:

In November 2022, DJI, the global leader in civilian drones and creative camera technology, launched the DJI Mavic 3 Multispectral, introducing advanced productivity tools for individuals and organizations involved in precision agriculture worldwide. This version of the Mavic 3 is equipped with a multispectral imaging system that efficiently captures crop growth information.

In October 2022, Yamaha Motor Co., Ltd. announced its plans to launch the YMR-II in spring 2023, which will come standard with an automatic flight function.

Research Process:

Both primary and secondary data sources have been used in the global Multi Rotor Agricultural Drone Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Segment Covered in the Multi Rotor Agricultural Drone Market:

By Type: 4-6 Rotors, 6-8 Rotors

By Crops: Row Crops, Orchards and Vineyards, Specialty Crops

By Application: VRA, Crop Spraying, Crop Scouting, Livestock

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Regional Analysis:

➣ North America (US, Canada, Mexico)

➣ Europe (Germany, Russia, UK, France, Italy, Spain, Rest of Europe)

➣ Asia-Pacific (China, India, Japan, Australia, Rest of Asia Pacific)

➣ South America (Brazil, Argentina, Rest of South America)

➣ Middle East and Africa

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Multi Rotor Agricultural Drone market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Multi Rotor Agricultural Drone Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Multi Rotor Agricultural Drone market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Multi Rotor Agricultural Drone Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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The Research Report Offers Answers To The Following Questions:

☛ What is the expected growth rate of the global market for the forecast period?

☛ What are the key driving factors that are responsible to shape the fate of the Multi Rotor Agricultural Drone market during the forecast period?

☛ What will be the overall size of the market during the analysis period?

☛ What are the prominent market trends which influence the development of the Multi Rotor Agricultural Drone market across various regions?

☛ Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?

☛ What are the challenges and threats that are likely to act as a barrier to the growth of the Multi Rotor Agricultural Drone market?

☛ What are the major opportunities that the companies can get to attain success in the world?

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