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.
Agriculture drones are revolutionizing crop management by providing real-time data and actionable insights. They collect high-resolution imaging data on crop health, soil conditions, and other parameters, empowering farmers to make informed decisions. Precision spraying and targeted interventions help minimize resource wastage, reduce environmental impact, and optimize yields. Integrating drones with smart farming systems further enhances their utility.
Controller systems are expected to account for the largest share within the component segment in 2023. Controller systems play a critical role in drone operation and control, acting as the interface between the operator and the drone. These systems are evolving to support autonomous capabilities, reducing the need for manual control and enhancing operational efficiency.
Livestock monitoring is expected to dominate the agriculture drone market in 2023. Drones offer cost-effective ways to track animal movement, behavior, and health over large areas, reducing labor and costs. Real-time data collection optimizes grazing management and improves animal welfare. Livestock monitoring with drones aids in detecting distress or potential threats, enhancing animal safety.
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.
