Unmanned Aerial Vehicles in Agriculture Market Size, Demand, and Future Outlook: Global Industry Trends
"The large scale Unmanned Aerial Vehicles in Agriculture Market report encompasses thorough analysis of Unmanned Aerial Vehicles in Agriculture Market industry with respect to several factors that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. Furthermore, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. It is the top-notch market research report generated by skilful and experienced team players who support in accomplishing an absolute growth and success in the business. As per Unmanned Aerial Vehicles in Agriculture Market business report, the market is expected to grow at a substantial Compound Annual Growth Rate (CAGR) during the forecast period 2023-2030.
Unmanned Aerial Vehicles in Agriculture Market document enlists the leading competitors and provides the insights about the strategic industry analysis of the key factors influencing the Unmanned Aerial Vehicles in Agriculture Market industry. All the numerical data included in the report is backed up by excellent tools such as SWOT analysis, Porter's Five Forces Analysis and others. This industry report gives accurate information about market trends, industrial changes, and consumer behaviour etc. Businesses can surely anticipate the reduced risk and failure with this market research report. The leading Unmanned Aerial Vehicles in Agriculture Market report can be relied upon for sure when thinking about key business decisions.
Data Bridge Market Research analyses that the unmanned aerial vehicles in agriculture market which was growing at a value of 8.20 billion in 2021 and is expected to reach the value of USD 25.97 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Explore Further Details about This Research Unmanned Aerial Vehicles in Agriculture Market Report https://www.databridgemarketresearch.com/reports/global-unmanned-aerial-vehicles-in-agriculture-market
Unmanned Aerial Vehicles in Agriculture Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Class (Small UAVs, Strategic and Tactical UAVs, Special-Purpose UAVs), Type (Fixed-Wing UAVs, Fixed-Wing VTOL UAVs, Rotary-Wing UAVs), Range (Visual Line of Sight UAVs, Extended Visual Line of Sight UAVs, Beyond Line of Sight UAVs), Mtow (<25 Kilograms, 25-170 Kilograms, >170 Kilograms), Mode of Operation (Remotely Piloted, Optionally Piloted, Fully Autonomous), Point of Sale (Original Equipment Manufacturer (OEM), Aftermarket) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered | lbit Systems Ltd. (Israel), Northrop Grumman Corporation (U.S.), General Atomics (U.S.), AeroVironment, Inc. (U.S.), Lockheed Martin Corporation (U.S.), Israel Aerospace Industries Ltd. (Israel), Parrot S.A.(France), Microdrone GmbH (Germany), PrecisionHawk Inc (U.S.), SZ DJI Technology Co., Ltd (China), 3D Robotics (U.S.), Textron Inc. (U.S.), Boeing (U.S.), Aeronautics (U.S), Saab AB (Sweden), BAE Systems plc (U.K.), Ehang (China), Raytheon Company (U.S.), Turkish Aerospace Industries (Turkey), and Yuneec International (China) |
Opportunities |
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Market Definition
Unmanned aerial vehicles, also known as drones, are aircraft systems that do not have a human pilot on board. They are also working on missions that could endanger manned aircraft. Drones are also used in monitoring and salvage operations. Prior to a mission, smaller aircraft were used to gather information about hostile areas.
Unmanned Aerial Vehicles in Agriculture Market Dynamics
Drivers
- Adoption of agricultural drones to facilitate field management
The fact that crop yields of rice, white rice, and maize are reduced in warmer climates due to growing of insects is a major factor driving the growth of the agricultural drones market. Due to the scarcity of skilled labour in the fields, farm owners are investing in agricultural drones to achieve shorter lead times in activities such as crop surveillance and seeding, among others, when compared to manual labour. In the case of large acreage field management, the need for agricultural drones has been deemed critical. Furthermore, remote and continuous monitoring of agricultural sites using various features such as infrared cameras, propulsion systems, GPS, customizable controllers, and flight planning will promote the use of agricultural drones to a greater extent.
- Implementation of smart agricultural practices to meet rising food demand globally
Rapid population growth is putting pressure on the agricultural sector around the world to increase productivity in order to meet rising food demand. Farmers are increasingly implementing smart harvest technologies such as harvesting robots, automation, control systems, sensors, and imaging systems to increase profitability and output in less time and at a lower cost. The scarcity of arable land is a major factor driving demand for indoor farming activities and the increased use of remote sensing technologies to reduce labour costs.
Opportunity
Continuous sensor development and an increase in the number of applications across a wide range of industry verticals has fuelled the growth of automation and monitoring systems, allowing business executives to make data-driven decisions. Furthermore, increased awareness of predictive maintenance of heavy industrial machinery and other critical setups has benefited end-user industry verticals. As a result of the reduction in battery-powered sensors and lower maintenance costs, this is expected to increase demand for agricultural drones.
Key Benefits of the Report:
- This study presents the analytical depiction of the global Unmanned Aerial Vehicles in Agriculture Market ndustry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Unmanned Aerial Vehicles in Agriculture Market share.
- The current market is quantitatively analyzed from 2022 to 2029 to highlight the Unmanned Aerial Vehicles in Agriculture Market growth scenario.
- Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global Unmanned Aerial Vehicles in Agriculture Market analysis based on competitive intensity and how the competition will take shape in coming years.
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Unmanned Aerial Vehicles in Agriculture Market research report.
- Interaction with research scientists and development heads to understand the nature of the Unmanned Aerial Vehicles in Agriculture Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Unmanned Aerial Vehicles in Agriculture Market size
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