Agriculture Drones Market Industry Analysis & Forecast to 2028
The agriculture drones market is expected to reach USD 17.9 billion by 2028, with a projected CAGR of 31.5% from 2023 to 2028. This growth is driven by the increasing demand for efficiency, sustainability, and profitability in modern agriculture practices.
The fixed-wing drone is expected to hold the largest share in the agriculture drones market. This type of drone offers advantages such as longer flying time, coverage over long distances, and high speed. Fixed-wing drones have efficient aerodynamics, better payload capacity, and endurance compared to other drones, making them suitable for carrying multiple sensors like multispectral cameras, thermal imaging, and LIDAR. They are commonly used for aerial surveys and mapping of large areas like fields and farms, making them ideal for precision agriculture.
In November 2018, Delair (France) launched the Delair UX11 Ag, a fixed-wing drone platform specifically optimized for the agriculture industry. This drone offers long-range and beyond-visual-line-of-sight (BVLOS) flight operations, increasing productivity. It also features highly accurate survey-grade mapping and plant data collection capabilities, providing decision agriculture benefits. Fixed-wing drones are designed for professionals and are typically priced higher than rotary blade drones. Some leading manufacturers in the agriculture drone market for fixed-wing drones include senseFly, Trimble UAS (Belgium), and AgeEagle.
The Software and Services segment is projected to witness the highest CAGR during the forecast period. Good agricultural practices require regular monitoring of farms and crops. Data management software enables farmers and agronomists to analyze crop health and manage farm necessities like water and fertilizers. This software can record, share, and manage data related to drone operations, flight logs, project management, and more. Benefits of using data management software include real-time data collection and high-resolution imagery of farmland. Trimble Navigation is one of the key players offering software products and services for yield monitoring, water management, and farm survey in the agriculture drone market.
The controller system is expected to drive the component segment. A drone controller, also known as a transmitter, is used by the pilot to fly and control the drone. Controllers typically use radio signals to communicate with drones or quadcopters. Flight controllers serve as the nerve center of a drone, ranging from basic stabilization systems to advanced GPS-enabled autopilot systems. Advancements in drone controllers have evolved from mechanical gyroscopes to solid-state micro-electro-mechanical systems (MEMS), improving stability and control.
Asia Pacific is expected to hold the largest market share in 2023 due to favorable regulatory environments, government support, technological advancements, and a strong agricultural sector. Europe is also poised to lead the market with its well-developed agricultural sector, emphasis on sustainable farming practices, and government initiatives promoting precision agriculture.
Major players in the agriculture drone market include DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot (France), Bayer CropScience AG (Germany), and others, showcasing the global reach and diversity of the industry.
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