Agriculture Drones Market Size, Share, Industry Overview, Growth Drivers, Opportunities, Key Segments, and Revenue Forecast – 2029
The agriculture drones market is estimated at USD 2.00 billion in 2024 and is projected to reach USD 8.03 billion by 2029, at a CAGR of 32.0% from 2024 to 2029. The global agriculture drone market is growing substantially due to rapid technological advancements and increased focus on precision agriculture. The other important reason is the research and development of sensor and artificial intelligence-based technologies that will help farmers more precisely undertake crop monitoring, spraying, and mapping. Furthermore, the on-going adoption of precision farming techniques, which have promised much more efficient utilization of resources in an environment-friendly mode.
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Based on payload capacity, the medium payload drones dominate the agriculture drones market during the study period.
Medium payload capacity is dominating the agriculture drones market, due to its multitasking ability, cost efficiency, and scalability. Optimal payload capacity combined with maneuverability allows the efficient transfer of necessary equipment such as sensors and spraying systems for versatile applications from crop monitoring to pesticide application. A narrower yet comparable payload means these assets are more accessible to a greater number of farmers, particularly those running smaller and middle-sized farm operations. Moreover, the advancement of technology enhances their reliability and performance due to the increasing demand for precision agriculture. Besides this, their friendly interface makes them accessible to farmers irrespective of technical backgrounds, which has made them gain more adoption. Lastly, medium payload drones are scalable, and the farmer can easily change their operations depending on how big or small their farm is because they can easily adapt to changing forms of different forms and sizes of farms.
The cereals & grains segment within the farm produce has a larger share and is growing at a higher CAGR in the agriculture drones market during the forecast period.
The cereals and grains segment in the farm produce segment is growing substantially in the agriculture drones market. Cereals like wheat, corn, and rice are staple crops that require precise management to optimize yields, which makes the drone more important. As drones can do aerial surveys, crop health monitoring, and soil condition assessment, thus supporting farmers in informed decisions that may yield maximum productivity and resource utilization.
Moreover, notably, precision agriculture development is quite useful for the production of cereals and grains. Agriculture drones conduct aerial surveys; thorough data acquisition and actionable insight generation will assist farmers in undertaking focused interventions such as precise irrigation and fertilization. This is found to be resource-efficient, cost-reducing, and productivity-enhancing in absolute terms.
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Based on region, North America is the fastest growing region in the agriculture drone market in 2023.
North America region dominated the agriculture drones market in 2023. The North America is dominating due to both the technological advancements and growing adoption of precision agriculture practices, as well as support for the growth through regulatory frameworks. Important growth drivers include the increased adoption of precision farming techniques and the improvement of crop management and resource efficiency. In addition, it incorporates drones in various applications related to crop monitoring, soil analysis, and targeted application of pesticides for enhanced yields with lower operating costs. Drones were further empowered through their embedding with some of the advanced technologies including high-resolution imaging, AI analytics, and multispectral sensors, which provide actionable insights.
The report profiles key players such as DJI (China), Trimble Inc. (US), Parrot Drone Sas (France), Yamaha Motor Co., Ltd. (Japan), Ageagle Aerial Systems Inc (US), Dronedeploy (US), XAG Co., Ltd. (China), Sentera (US), Autel Robotics (China), and Yuneec (US).
Agriculture Drones Industry Developments:
In September 2024, Trimble Inc. (US) announced the launch of its new Trimble APX RTX portfolio for direct georeferencing solutions tailored for UAV mapping, unveiled at INTERGEO 2024. This innovative portfolio, which integrates Trimble CenterPoint RTX technology, enables centimeter-level accuracy without the need for base stations, enhancing efficiency and ease of use for original equipment manufacturers and drone payload integrators.
In April 2024, DJI (China) announced the global launch of its new agricultural drones, the Agras T50 and Agras T25, along with an upgraded SmartFarm app. The T50, designed for large-scale farming, features enhanced stability, efficiency, and precision, while the portable T25 caters to smaller fields. Both drones offer advanced obstacle avoidance, fast charging, and high payload capacity for spraying and spreading. The upgraded SmartFarm app is designed to improve drone management and data visualization.
In February 2024, Trimble Inc. (US) announced a collaboration with DroneDeploy to integrate its Applanix POSPac Cloud post-processed kinematic GNSS positioning service, featuring CenterPoint RTX, into DroneDeploy’s reality capture platform. This integration provides DroneDeploy customers with centimeter-level accuracy and an automated workflow for drone mapping and data collection.
In January 2024, Trimble Inc. (US) announced a collaboration with the Indian Institute of Technology Kanpur (IIT Kanpur) to support a new UAV programme in the Department of Aerospace Engineering. The collaboration aims to develop expertise in UAV georeferencing and integrate the technology into coursework, research, and industries like agriculture and telecom.
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