Agriculture Drones Market by Offering (Hardware and Software & Services), Application (Precision Farming, Livestock Monitoring, Precision Fish Farming, and Smart Greenhouse), Component, and Geography - Global Forecast to 2024
[176 Pages Report] The agriculture drones market size is expected to grow from USD 1.2 billion by 2019 to USD 4.8 billion by 2024 at a CAGR of 31.4%. The pressure on global food supply due to growing world population and increase in venture funding for the development of agriculture drones are a few of the key factors driving the growth of this market are.
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Agriculture drones market for software and services to grow at higher CAGR during forecast period
The agriculture drones market for software and services is expected to grow at a higher CAGR during the forecast period. This growth is attributed to high investments being done by the venture capitalists and investors in the start-up companies offering software and analytics to digitize the information collected by drones; the investments are mainly targeted at mapping, imaging, and data analytics software.
Field mapping to account for largest share of agriculture drones market for precision farming during forecast period
Field mapping to account for the largest share of agriculture drones market for precision farming during the forecast period. Field mapping helps look at the condition and health of crops across different soil types and management zones to portray crop health and yield potential.
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North America to account for largest share of agriculture drone market during forecast period
North America is expected to hold the largest share of the agriculture drones market during the forecast period. This growth is attributed to the exemption from the Federal Aviation Administration (FAA) under the part 107 rule which is leading to high adoption of drones in agriculture. This is attracting more investments by venture capitalists in the agriculture drones market.
Key Market Players
DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), AeroVironment, Inc. (US), Yamaha Motor Corp. (Japan), DroneDeploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan) are some of the major players in the agriculture drones market. Major innovators in this market are senseFLY (Switzerland), Pix4D (Switzerland), Agribotix (US), Sentera Inc. (US), ATMOS UAV (Netherlands), Delair (France), and Nileworks Inc. (Japan).
DJI (China) is a manufacturer and distributor of unmanned aerial systems (UAS). The company manufactures a wide range of products, including flying cameras, flying platforms, flight controllers for multirotors, accessories for helicopters, camera gimbals (aerial and handheld), and ground stations. With the DJI Phantom series, farmers are able to evaluate their crops at scale while simultaneously creating crop maps that help them manage crops and time better. Using the DJI Inspire, equipped with a DJI Zenmuse XT thermal imaging camera developed in collaboration with FLIR, these important data can be easily captured. Furthermore, DJI Agras MG-1 is an agricultural octocopter designed to increase efficiency and manageability in plant protection and fertilization. To grow in the agriculture drones market, DJI has selected the organic growth strategy of product launches. For example, in March 2019, it introduced a new software toolDJI Terrathat transforms drone data into digital 3D models and maps for easy analysis as well as decision-making.
Report Scope
|
Report Metric |
Details |
|
Years considered to provide market size |
20162024 |
|
Base Year Considered |
2018 |
|
Forecast Period |
20192024 |
|
Segments Covered |
Offering, Component, Application, and Geography |
|
Geographies Covered |
North America, Europe, APAC, and RoW |
|
Companies Covered |
DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), AeroVironment, Inc. (US), Yamaha Motor Corp. (Japan), DroneDeploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan)total 25 major players have been covered |
This report categorizes the agriculture drones market based on product, application, end user, and geography.
Agriculture Drones Market, by Product
- Hardware
- Software and Services
Agriculture Drones Market, by Component
- Frames
- Controller Systems
- Propulsion Systems
- Camera Systems
- Navigation Systems
- Batteries
- Other Components (Wires, connectors, power systems, carry cases, sprayers, and sprinklers)
Agriculture Drones Market, by Application
- Precision Farming
- Livestock Monitoring
- Precision Fish Farming
- Smart Greenhouse
- Others (Horticulture, orchids, and forestry applications)
Agriculture Drones Market, by Geography
- North America
- Europe
- APAC
- RoW
Recent Developments
- In April 2019, Parrot Drones (France) unveiled ANAFI Thermal: An all-in-one drone-based thermography solution (drone + sensor + software) with proven reliability and outstanding performance.
- In March 2019, DJI (China) introduced DJI Terra, a new software tool that transforms drone data into digital 3D models and maps for easy analysis and decision-making. The tool enables businesses and organizations using DJI drone technology to capture, visualize, and analyze aerial images for a wide variety of applications across the public safety, construction, infrastructure, agriculture, and film industries.
- In March 2019, AgEagle Aerial Systems, Inc. (US) formally introduced ParkView, a proprietary aerial imagery and data analytics platform specifically designed for assessing and supporting sustainability initiatives involving municipal, state, and federal public parks and recreation areas.
Key Questions Addressed in Report
- What are the major applications of agriculture drones?
- Which applications in precision farming will witness the highest growth and hold the largest share during the forecast period?
- Which type of agriculture drones will hold the largest share of market during the forecast period?
- Which region would lead the global market during the forecast period?
- What are the strategies followed by agriculture drone manufacturers and service providers to stay ahead in the market?
- What are the major drivers, restraints, opportunities, and challenges for the agriculture drones market?
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Table of Contents
1 Introduction (Page No. - 21)
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology (Page No. - 24)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Size By Top-Down Analysis (Supply Side)
2.3 Market Share Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary (Page No. - 34)
4 Premium Insights (Page No. - 39)
4.1 Attractive Opportunities in Agriculture Drones Market
4.2 Market, By Offering
4.3 Market in APAC, By Application and Country
4.4 Market, By Component
4.5 Market, By Region
4.6 Geographic Analysis of Market
5 Market Overview (Page No. - 42)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Pressure on Global Food Supply Owing to Growing World Population
5.2.1.2 Increase in Venture Funding for Development of Agriculture Drones
5.2.1.3 Availability of Software Solutions for Field Survey and Data Analytics
5.2.2 Restraints
5.2.2.1 Security and Safety Concerns Associated With Civil and Commercial Application of Drones
5.2.2.2 Air Traffic Management of Commercial Drones
5.2.3 Opportunities
5.2.3.1 Exemptions By US Federal Aviation Administration for Use of Agriculture Drone
5.2.3.2 Rising Demand for Drones in APAC Countries
5.2.3.3 High Adoption of Aerial Data Collection Tools in Agriculture
5.2.4 Challenges
5.2.4.1 Management of Data Collected By Agriculture Drone
5.2.4.2 Standardization of Communication Interfaces and Protocols for Precision Agriculture
5.2.4.3 Lack of Technical Knowledge Among Farmers
5.2.4.4 Scarcity of Trained Pilots
5.3 Value Chain Analysis
6 Market, By Offering (Page No. - 50)
6.1 Introduction
6.2 Hardware
6.2.1 Fixed Wing Drones
6.2.1.1 Fixed Wing Drones Likely to Hold Largest Share of Market for Hardware in Next Five Years
6.2.2 Rotary Blade Drones
6.2.2.1 Precision Farming to Account for Largest Share of Market for Rotary Blade Drones in Next Five Years
6.2.3 Hybrid Drones
6.2.3.1 Hybrid Drones to Be Used Majorly for Precision Farming Applications
6.3 Software and Services
6.3.1 Data Management Software
6.3.1.1 Market for Data Management Software to have Highest Growth for Precision Farming Application During Forecast Period
6.3.2 Imaging Software
6.3.2.1 Precision Farming to Account for Largest Share of Market for Imaging Software in Next Five Years
6.3.3 Data Analytics Software
6.3.3.1 Livestock Monitoring to Grow at Highest CAGR of Market for Data Analytics Software During Forecast Period
6.3.4 Others
6.3.4.1 Precision Farming to Grow at Highest CAGR of Market for Other Software and Services During Forecast Period
7 Market, By Component (Page No. - 63)
7.1 Introduction
7.2 Frames
7.2.1 Fixed Wing Drones to Account for Largest Share of Market for Frames in Next 5 Years
7.3 Controller Systems
7.3.1 Controller Systems to have High Growth Rate During Forecast Period
7.4 Propulsion Systems
7.4.1 Propulsions Systems to have Highest Adoption in Hybrid Drones in Next Five Years
7.5 Camera Systems
7.5.1 Multispectral Cameras
7.5.1.1 Multispectral Cameras to Account for Largest Share of Market for Camera Systems in Next Five Years
7.5.2 IR Cameras
7.5.2.1 IR Cameras to Be Majorly Used for Precision Farming Applications
7.5.3 Thermal Cameras
7.5.3.1 Thermal Cameras to have Moderate Growth in Next Five Years
7.5.4 Lidar Cameras
7.5.4.1 Lidar Cameras to have Highest CAGR for Market for Camera Systems During Forecast Period
7.5.5 Others
7.5.5.1 High-Resolution Cameras to Be Used Majorly for Studying Health of Plants
7.6 Navigation Systems
7.6.1 Global Positioning System (GPS)
7.6.1.1 GPS to Account for Larger Share of Market for Navigation Systems in Next Five Years
7.6.2 Geographic Information System (GIS)
7.6.2.1 GPS to Register Higher CAGR for Market for Navigation Systems During Forecast Period
7.7 Batteries
7.7.1 Fixed Wing Drones to Account for Largest Share of Market for Batteries During Forecast Period
7.8 Others
7.8.1 Sprayers and Sprinklers to Be Key Components in Agriculture Drones to Be Used in Applications Such as Crop Spraying Or Crop Seeding
8 Market, By Mode of Operation (Page No. - 76)
8.1 Introduction
8.2 Remotely Operated Agriculture Drones
8.3 Semi-Autonomous Agriculture Drone
8.4 Fully-Autonomous Agriculture Drone
9 Market, By Range (Page No. - 77)
9.1 Introduction
9.2 Visual Line of Sight (VLOS)
9.3 Extended Visual Line of Sight (EVLOS)
9.4 Beyond Line of Sight (BLOS)
10 Market, By Application (Page No. - 78)
10.1 Introduction
10.2 Precision Agriculture
10.2.1 Field Mapping
10.2.1.1 Weed Detection
10.2.1.1.1 Global Research Institutes Undertaking Sustained Efforts to Develop Agriculture Drone for Detecting Weeds
10.2.1.2 Plant Counting
10.2.1.2.1 Startups Developing and Testing Agriculture Drones for Counting Crops
10.2.1.3 Crop Health Monitoring
10.2.1.3.1 Non-Governmental Organizations Worldwide Working on Projects of Crop Health Monitoring By Using Agriculture Drone
10.2.1.4 Harvest Season Monitoring
10.2.1.4.1 Agriculture Drone With Payloads Such as Multispectral and Thermal Cameras Helping Farmers and Agronomists to Monitor Crops Throughout Harvest Season
10.2.1.5 Others
10.2.2 Variable Rate Application
10.2.2.1 Several Top Players in Market Offering Products for VRAS to Maximize Productivity
10.2.3 Crop Scouting
10.2.3.1 Farmers and Agronomists Using Agriculture Drone With Normalized Difference Vegetative Index (NDVI) Or Near-IR (NIR) Sensors for Crop Scouting
10.2.4 Crop Spraying
10.2.4.1 Crop Spraying to Register Highest CAGR of Market for Precision Farming During Forecast Period
10.2.5 Others
10.3 Livestock Monitoring
10.3.1 Livestock Behavior and Health Monitoring
10.3.1.1 Europe to Account for Largest Share of Market for Livestock Monitoring During Forecast Period
10.4 Precision Fish Farming
10.4.1 Fish Tracking & Fleet Navigation
10.4.2 Water Quality Management
10.5 Precision Forestry
10.5.1 Genetics and Nurseries
10.5.2 Silviculture and Fire Management
10.5.3 Harvesting Management
10.5.4 Inventory and Logistics Management
10.6 Smart Greenhouse
10.6.1 RoW to Register Highest CAGR of Market for Smart Greenhouse During Forecast Period
10.7 Others
11 Market, By Geography (Page No. - 102)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US to Account for Largest Share of Market in North America During Forecast Period
11.2.1.2 Regulations for Commercial Drones in the US
11.2.2 Canada
11.2.2.1 Constant Enhancements and Developments in Precision Farming Practices Driving Market Growth in Canada
11.2.2.2 Regulations for Commercial Drones in Canada
11.2.3 Mexico
11.2.3.1 Mexico to Register Highest CAGR of Market in North America During Forecast Period
11.2.3.2 Regulations for Commercial Drones in Mexico
11.3 Europe
11.3.1 UK
11.3.1.1 UK to Register Highest CAGR of Market in Europe During Forecast Period
11.3.1.2 Regulations for Commercial Drones in UK
11.3.2 Germany
11.3.2.1 High Adoption Rate of Agriculture Drones for Livestock Monitoring in Germany
11.3.2.2 Regulations for Commercial Drones in Germany
11.3.3 France
11.3.3.1 France to Hold the Largest Share of Market in Europe During Forecast Period
11.3.3.2 Regulations for Commercial Drones in France
11.3.4 Italy
11.3.4.1 Agriculture Drone Being Employed for Insurance of Crops Or Farmlands in Italy
11.3.4.2 Regulations for Commercial Drones in Italy
11.3.5 Spain
11.3.5.1 Agriculture Drone Being Used to Create Weed Infestation Maps for Farmers in Spain
11.3.5.2 Regulations for Commercial Drones in Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.1.1 China to Register Highest CAGR of Market in APAC During Forecast Period
11.4.1.2 Regulations for Commercial Drones in China
11.4.2 Japan
11.4.2.1 Japan to Hold Second Largest Share of Market in APAC During Forecast Period
11.4.2.2 Regulations for Commercial Drones in Japan
11.4.3 India
11.4.3.1 Agriculture Drone Being Used in India for Surveying Farms and Assessing Crop Losses
11.4.3.2 Regulations for Commercial Drones in India
11.4.4 Australia
11.4.4.1 Agriculture Drone Being Used in Australia for Spraying Herbicides
11.4.4.2 Regulations for Commercial Drones in Australia
11.4.5 New Zealand
11.4.5.1 Agriculture Drone Being Used in New Zealand for Monitoring Dairy Herds and Pastures
11.4.5.2 Regulations for Commercial Drones in Australia
11.4.6 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.1.1 South America to Account for Larger Share of Market in RoW During Forecast Period
11.5.1.2 Regulations for Commercial Drones in Brazil
11.5.2 Middle East and Africa
11.5.2.1 South America to Register Highest CAGR of Market in RoW During Forecast Period
11.5.2.2 Regulations for Commercial Drones in South Africa
12 Competitive Landscape (Page No. - 125)
12.1 Overview
12.2 Market Share Analysis
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Dynamic Differentiators
12.3.3 Innovators
12.3.4 Emerging Companies
12.4 Strength of Product Portfolio
12.5 Business Strategy Excellence
12.6 Competitive Scenario
12.6.1 Product Launches and Product Developments
12.6.2 Acquisitions, Collaborations, and Partnerships
13 Company Profiles (Page No. - 134)
13.1 Introduction
13.2 Key Players
13.2.1 Dji
13.2.1.1 Business Overview
13.2.1.2 Products and Services
13.2.1.3 Recent Developments
13.2.1.4 SWOT Analysis
13.2.1.5 MnM View
13.2.2 Precisionhawk
13.2.2.1 Business Overview
13.2.2.2 Products and Services
13.2.2.3 Recent Developments
13.2.2.4 SWOT Analysis
13.2.2.5 MnM View
13.2.3 Trimble Inc.
13.2.3.1 Business Overview
13.2.3.2 Products and Services
13.2.3.3 Recent Developments
13.2.3.4 SWOT Analysis
13.2.3.5 MnM View
13.2.4 Parrot Drones
13.2.4.1 Business Overview
13.2.4.2 Products Offered
13.2.4.3 Recent Developments
13.2.4.4 MnM View
13.2.5 Aerovironment, Inc.
13.2.5.1 Business Overview
13.2.5.2 Products and Services
13.2.5.3 Recent Developments
13.2.5.4 MnM View
13.2.6 Yamaha Motor Co., Ltd.
13.2.6.1 Business Overview
13.2.6.2 Products and Services
13.2.6.3 Recent Developments
13.2.7 Ageagle Aerial Systems, Inc.
13.2.7.1 Business Overview
13.2.7.2 Products and Services
13.2.7.3 Recent Developments
13.2.8 Dronedeploy
13.2.8.1 Business Overview
13.2.8.2 Products and Services
13.2.8.3 Recent Developments
13.2.9 3Dr
13.2.9.1 Business Overview
13.2.9.2 Products and Services
13.2.9.3 Recent Developments
13.2.10 Sentera, Inc.
13.2.10.1 Business Overview
13.2.10.2 Products and Services
13.2.10.3 Recent Developments
13.3 Other Key Players
13.3.1 Optim Corporation
13.3.2 Insitu Pacific Pty Ltd
13.3.3 Delair
13.3.4 Agribotix LLC
13.3.5 Honeycomb Corporation
13.3.6 Micasense, Inc.
13.3.7 Pix4D SA
13.3.8 Sensefly
13.3.9 ALTI
13.3.10 Aeryon Labs Inc.
13.3.11 Gamaya
13.3.12 Atmos Uav
13.3.13 SKYX
13.3.14 Skycatch, Inc.
13.3.15 Nileworks Inc.
14 Appendix (Page No. - 170)
14.1 Discussion Guide
14.2 Knowledge Store: Marketsandmarkets Subscription Portal
14.3 Available Customizations
14.4 Related Reports
14.5 Author Details
List of Tables (84 Tables)
Table 1 Agriculture Drones Market, By Offering, 20162024 (USD Million)
Table 2 Market for Hardware, By Type, 20162024 (USD Million)
Table 3 Market for Hardware, By Application, 20162024 (USD Million)
Table 4 Market for Fixed Wing Drones, By Component, 20162024 (USD Million)
Table 5 Market for Fixed Wing Drones, By Application, 20162024 (USD Million)
Table 6 Market for Rotary Blade Drones, By Component, 20162024 (USD Million)
Table 7 Market for Rotary Blade Drones, By Application, 20162024 (USD Million)
Table 8 Market for Hybrid Drones, By Component, 20162024 (USD Million)
Table 9 Market for Hybrid Drones, By Application, 20162024 (USD Million)
Table 10 Market for Software and Services, By Type, 20162024 (USD Million)
Table 11 Market for Software and Services, By Application, 20162024 (USD Million)
Table 12 Market for Data Management Software, By Application, 20162024 (USD Million)
Table 13 Market for Imaging Software, By Application, 20162024 (USD Million)
Table 14 Market for Data Analytics Software, By Application, 20162024 (USD Million)
Table 15 Market for Other Software and Services, By Application, 20162024 (USD Million)
Table 16 Market, By Component, 20162024 (USD Million)
Table 17 Market for Frames, By Hardware Type, 20162024 (USD Million)
Table 18 Market for Controller Systems, By Hardware Type, 20162024 (USD Million)
Table 19 Market for Propulsion Systems, By Hardware Type, 20162024 (USD Million)
Table 20 Market for Camera Systems, By Hardware Type, 20162024 (USD Million)
Table 21 Market for Camera Systems, By Type, 20162024 (USD Million)
Table 22 Market for Navigation Systems, By Type, 20162024 (USD Million)
Table 23 Market for Navigation Systems, By Hardware Type, 20162024 (USD Million)
Table 24 Market for Batteries, By Hardware Type, 20162024 (USD Million)
Table 25 Market for Others, By Hardware Type, 20162024 (USD Million)
Table 26 Market, By Application, 20162024 (USD Million)
Table 27 Market for Precision Farming, By Offering, 20162024 (USD Million)
Table 28 Market for Precision Farming, By Hardware Type, 20162024 (USD Million)
Table 29 Market for Precision Farming, By Software and Service Type, 20162024 (USD Million)
Table 30 Market for Precision Farming, By Region, 20162024 (USD Million)
Table 31 Market for Precision Farming in North America, By Country, 20162024 (USD Million)
Table 32 Market for Precision Farming in Europe, By Country, 20162024 (USD Million)
Table 33 Market Precision Farming in APAC, By Country, 20162024 (USD Million)
Table 34 Market for Precision Farming in RoW, By Region, 20162024 (USD Million)
Table 35 Market for Precision Farming, By Application Type, 20162024 (USD Million)
Table 36 Market for Livestock Monitoring, By Offering, 20162024 (USD Million)
Table 37 Market for Livestock Monitoring, By Hardware Type, 20162024 (USD Million)
Table 38 Market for Livestock Monitoring, By Software and Service Type, 20162024 (USD Million)
Table 39 Market for Livestock Monitoring, By Region, 20162024 (USD Million)
Table 40 Market for Precision Fish Farming, By Offering, 20162024 (USD Million)
Table 41 Market for Precision Fish Farming, By Hardware Type, 20162024 (USD Million)
Table 42 Market for Precision Fish Farming, By Software and Service Type, 20162024 (USD Million)
Table 43 Market for Precision Fish Farming, By Region, 20162024 (USD Million)
Table 44 Market for Smart Greenhouse, By Offering, 20162024 (USD Million)
Table 45 Market for Smart Greenhouse, By Hardware Type, 20162024 (USD Million)
Table 46 Market for Smart Greenhouse, By Software and Service Type, 20162024 (USD Million)
Table 47 Market for Smart Greenhouse, By Region, 20162024 (USD Million)
Table 48 Market for Others, By Offering, 20162024 (USD Million)
Table 49 Market for Others, By Hardware Type, 20162024 (USD Million)
Table 50 Market for Others, By Software and Service Type, 20162024 (USD Million)
Table 51 Market for Others, By Region, 20162024 (USD Million)
Table 52 Market, By Region, 20162024 (USD Million)
Table 53 Market in North America, By Application, 20162024 (USD Million)
Table 54 Market in North America, By Country, 20162024 (USD Million)
Table 55 Market in Europe, By Application, 20162024 (USD Million)
Table 56 Market in Europe, By Country, 20162024 (USD Million)
Table 57 Market in APAC, By Application, 20162024 (USD Million)
Table 58 Market in APAC, By Country, 20162024 (USD Million)
Table 59 Market in RoW, By Application, 20162024 (USD Million)
Table 60 Market in RoW, By Region, 20162024 (USD Million)
Table 61 Market for Livestock Monitoring in North America, By Country, 20162024 (USD Million)
Table 62 Market for Livestock Monitoring in Europe, By Country, 20162024 (USD Million)
Table 63 Market Livestock Monitoring in APAC, By Country, 20162024 (USD Million)
Table 64 Market for Livestock Monitoring in RoW, By Region, 20162024 (USD Million)
Table 65 Market for Precision Forestry in North America, By Country, 20162024 (USD Million)
Table 66 Market for Precision Forestry in Europe, By Country, 20162024 (USD Million)
Table 67 Market Precision Forestry in APAC, By Country, 20162024 (USD Million)
Table 68 Market for Precision Forestry in RoW, By Region, 20162024 (USD Million)
Table 69 Market for Fixed Wing Drones, By Region, 20162024 (USD Million)
Table 70 Market for Rotary Blade Drones, By Region, 20162024 (USD Million)
Table 71 Market for Hybrid Drones, By Region, 20162024 (USD Million)
Table 72 Market in Us, By Application, 20162024 (USD Million)
Table 73 Market in Canada, By Application, 20162024 (USD Million)
Table 74 Market in Germany, By Application, 20162024 (USD Million)
Table 75 Market in Italy, By Application, 20162024 (USD Million)
Table 76 Market in Uk, By Application, 20162024 (USD Million)
Table 77 Market in France, By Application, 20162024 (USD Million)
Table 78 Market in China, By Application, 20162024 (USD Million)
Table 79 Market in Japan, By Application, 20162024 (USD Million)
Table 80 Market in Australia, By Application, 20162024 (USD Million)
Table 81 Market in India, By Application, 20162024 (USD Million)
Table 82 Market in South America, By Application, 20162024 (USD Million)
Table 83 15 Most Recent Product Launches and Product Developments in the Market
Table 84 10 Most Recent Acquisitions, Collaborations, and Partnerships in the Market
List of Figures (35 Figures)
Figure 1 Agriculture Drones Market: Research Design
Figure 2 Process Flow
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Assumptions for Research Study
Figure 7 Hardware to Hold Larger Share of Market During Forecast Period
Figure 8 Camera Systems to Hold Largest Share of Market During Forecast Period
Figure 9 Market for Precision Fish Farming to Grow at Highest CAGR During Forecast Period
Figure 10 Field Mapping to Hold Largest Share of Market for Precision Farming During Forecast Period
Figure 11 Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 12 Increase in Venture Funding Driving Market Growth
Figure 13 Hardware to Hold Larger Size of Market During Forecast Period
Figure 14 Precision Farming to Hold Largest Share of Market in APAC By 2019
Figure 15 Market for Navigation Systems to Grow at Highest CAGR During Forecast Period
Figure 16 North America to Hold Largest Size of Market During Forecast Period
Figure 17 US to Be Largest Share Holder in Market By 2019
Figure 18 Increase in Venture Funding for Development of Agriculture Drones and Availability of Software Solutions for Field Survey and Data Analytics Drive Growth of Market
Figure 19 Value Chain Analysis: Major Value Added During Research & Development and Manufacturing Phases
Figure 20 Market for Software and Services to Grow at Higher CAGR During Forecast Period
Figure 21 Market for Navigation Systems to Grow at Highest CAGR During Forecast Period
Figure 22 Market for Precision Fish Farming to Grow at Highest CAGR During Forecast Period
Figure 23 Market: Geographic Snapshot
Figure 24 North America: Market Snapshot
Figure 25 Europe: Market Snapshot
Figure 26 APAC: Market Snapshot
Figure 27 Market Players Mainly Adopted Organic Growth Strategies From January 2017 to April 2019
Figure 28 Market Share of Top 5 Players in Market, 2018
Figure 29 Market (Global) Competitive Leadership Mapping, 2018
Figure 30 Evaluation Framework: Agriculture Drone Market
Figure 31 Trimble Inc.: Company Snapshot
Figure 32 Parrot Drones: Company Snapshot
Figure 33 Aerovironment, Inc.: Company Snapshot
Figure 34 Yamaha Motor Co., Ltd.: Company Snapshot
Figure 35 Ageagle Aerial Systems, Inc.: Company Snapshot
The study involved 4 major activities to estimate the size of the agriculture drones market. Exhaustive secondary research has been conducted to collect information on the agriculture drones market. Validation of these findings, assumptions, and sizing with industry experts across value chain through primary research has been the next step. Both, top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation have been used to estimate the agriculture drones market size of segments and subsegments.
Secondary Research
In the secondary research, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources include corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers, UAVrelated journals, and certified publications; articles from recognized authors; gold and silver standard websites; directories; and databases. A few examples of secondary sources are Association for Unmanned Vehicle Systems International, Association of Professional Drone Pilots, The International Society of Precision Agriculture, and Food and Agriculture Organization (FAO).
Primary Research
In the primary research, various primary sources from both the supply and demand sides have been interviewed with to obtain the qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related key executives from major companies and organizations operating in the agriculture drones market. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both, top-down and bottom-up approaches have been used to estimate and validate the size of the overall agriculture drones market and the market based on subsegments. The research methodology used to estimate the market size has been given below:
- Key players in the market have been identified through extensive secondary research.
- The industrys supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market sizeusing the estimation processes explained abovethe market has been split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends in both demand and supply sides of the agriculture drones market.
Report Objectives
- To describe, segment, and forecast the market, by offering, component, application, and geography, in terms of value
- To describe and forecast the market for various segments by regionNorth America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding drivers, restraints, opportunities, and challenges pertaining to the market
- To analyze the micromarkets with respect to the individual growth trends, prospects, and contribution to the market
- To profile key players in the market, and analyze their market shares and core competencies
- To provide a detailed overview of the value chain pertaining to the market
- To analyze growth strategies such as, product launches, acquisitions, collaborations, and partnerships, along with research and development (R&D) in the agriculture drones market
Available Customizations
Along with the market data, MarketsandMarkets offers customizations according to a companys specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Agriculture Drones Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Agriculture Drones Market