28 April 2025, 01:44 PM
The global agriculture drone market was valued at USD 4.98 billion in 2023 and is expected to grow from USD 6.10 billion in 2024 to USD 23.78 billion by 2032, reflecting a compound annual growth rate (CAGR) of 18.5% during the forecast period. In 2023, Europe led the market, holding a 30.52% share.
Agriculture drones are Unmanned Aerial Vehicles (UAVs) designed especially for use in farming and agricultural applications. They are equipped with advanced imaging technologies and sensors, such as LiDAR, cameras, and multispectral sensors, which enable them to gather data on soil, crops, and other factors that affect agricultural production. This information is provided by Fortune Business Insights, in its report titled, “Agriculture Drone Market, 2024-2032.”
List of Key Players Mentioned in the Report:
• Drone Deploy (U.S.)
• DJI (China)
• Precision Hawk Inc (U.S.)
• AeroVironment Inc. (U.S.)
• Trimble Navigation Ltd. (U.S.)
• 3D Robotics (U.S.)
• Ag Eagle (U.S.)
• Parrot Drone (France)
• Sintera LLC (U.S.)
• Delair Tech SAS (France)
Information Source:
Segmentation:
Rotary Drone Segment to Dominate Due to Improved Structural Benefits
Based on type, the market is split into fixed wing, rotary wing, and hybrid. Among these, the rotary wing segment captured the largest agriculture drone market share in 2022. Rotary wing drones are available in a variety of designs and sizes. The enhanced structural benefits of the segment are aiding growth of this segment.
Hardware Segment to Lead Stoked by the Improved Ability to Collect and Process Data
As per component, the market is bifurcated into hardware and software. The hardware segment held majority of the global market share in 2022 owing to the improved capability of hardware components to collect and process the data and enable farmers to make informed decisions.
Frames Segment to Hold Major Share Due to Surging Demand for Robust Frame Structures
According to hardware, the market is divided into frames, control systems, propulsion systems, navigation systems, payload, avionics and others. Among these, the frame segment captured a significant market share in 2022 backed by the rising need for robust frames to support the drone’s hardware components, Moreover, industry leaders are focused on producing non-breakable frames, further aiding segment growth.
Imaging Software Segment to Capture Largest Share Due to its Ability to Help in Quick Problem Solving
The market by software is arrayed into imaging software, data management software, data analytics software, and others. Imaging software segment held the largest market share in 2022 as it enables the operator to detect and respond to the potential problems early, thus decreasing the risk of crop loss and improving yields.
Field Mapping & Monitoring Segment to Lead Due to Availability of Better Equipment
By application, the market is segregated into field mapping & monitoring, crop spraying, crop scouting, variable rate application, livestock monitoring, and others. The field mapping & monitoring segment dominated the market in 2022 owing to the availability of better high-tech camera equipment to monitor crops.
Geographically, the market is segregated North America, Europe, Asia Pacific, and the Rest of the World.