Agriculture Drones

Global Market Trajectory & Analytics

MCP10128

EXECUTIVE ENGAGEMENTS

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DATE

MAY 2021

TABLES

68

224

EDITION

5

PRICE

USD $4950

*Engagement stats are ongoing and dynamic

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Agriculture Drones estimated at US$1.7 Trillion in the year 2020, is projected to reach a revised size of US$9.3 Trillion by 2027, growing at aCAGR of 27.9% over the period 2020-2027. Hardware, one of the segments analyzed in the report, is projected to record 26.8% CAGR and reach US$6.7 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 31% CAGR for the next 7-year period.

The Agriculture Drones market in the U.S. is estimated at US$485.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Trillion by the year 2027 trailing a CAGR of 27% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.3% and 23.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 19.6% CAGR.

SELECT PLAYERS

AeroVironment, Inc.; AgEagle Aerial Systems Incorporated; Delair Technologies Inc.; DroneDeploy; Parrot SA; PrecisionHawk; SZ DJI Technology Co., Ltd.; Trimble Navigation

SEGMENTS

» Type (Hardware, Software) » Application (Crop Spraying, Field Mapping, Crop Scouting, Livestock, Variable Rate Application, Other Applications)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World

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