What Is the Size of Europe Agricultural Drones Industry?
Europe Agricultural Drones market is growing at a CAGR of ~% in 2017-2021B and is expected to reach ~USD Mn by 2027F. The growth of Agricultural Drones market in Europe is driven owing to the rise in need for precision farming technology supported by the rising labor shortage.
Furthermore, the increasing demand for global food production over the next few years is expected to propel the growth of market. With the increase in population across continents, including Europe, agricultural sectors are benefiting from several advantages of using drones/UAVs over traditional practices, including the ability to cover more land areas in less time.
Farmers are benefiting from the continuous technological advancements in unmanned aerial vehicles (UAVs)/drones for crop monitoring, irrigation, crop spraying, and soil & field analysis. However, the high costs associated with such devices are confining the market growth, as agricultural UAVs/drones are embedded with expensive autonomous functionalities that operate using AI-powered navigation and operational software that raise the finished cost of a product.
The lack of awareness among farmers or a farmers' disinclination to adapt to the advancing technologies around them is another challenge to the growth of the agricultural drones' market.
Europe Agricultural Drones Market by Type
The Multi-Rotor Drones segment in Europe Agricultural Drones market is growing at a CAGR of ~% in 2017-2021 and is expected to reach ~USD Mn by 2027F. It is highly adopted and most commonly used in agricultural due to a number of benefits, including greater versatility, which allows them to fly in areas other drones cannot, stay in a stationary position, and provide vertical take-off and landing (VTOL) functionality.
Furthermore, they are less expensive than fixed-wing drones, and also have increased payload capacity. In addition, they are compact if a user needs to carry a range of sensors including thermal imaging and multiple HD cameras. Fixed-wing drones also require a large area for take-off and landing. Owing to all these reasons, Fixed-wing drones are expected to lose market share during the forecast period.
Europe Agricultural Drones Market by Component
The Europe Sensors, and Laser Scanners (LiDAR) market is growing at a fastest CAGR of ~% in 2017-2021 and is expected to reach ~USD Mn by 2027F. This is mainly due increase in demand for 3D imaging technology across a wide range of application domains.
The ‘OS, Propellers, Controller Systems, Navigation and Positioning Systems’ segment has the dominant share in agricultural drones due to the use of information technology and high-tech equipment such as sensors, GPS, control systems, and robots to make crop or livestock farming more accurate and controlled.
The cameras segment accounts for the second largest share, owing to the proliferation of Multispectral imaging camera sensors on agricultural drones, which lets farmers to manage crops, soil, fertilizing, and irrigation more effectively.
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Europe Agricultural Drones Market by Technology
The Autonomous segment in the Europe Agricultural Drones market is growing at the highest CAGR of ~% in 2017-2021 and is expected to reach ~USD Mn by 2027F. This growth is mainly due to the labor shortages caused by the Covid-19 disruption drive up demand for agricultural automation equipment, including drones.
Furthermore, the semi-autonomous segment is also expected to gain a significant share during the forecast period 2022-27, primarily due to its cost-effectiveness over autonomous drones, and its ability to collect visual data about the area without exposing a human to a dangerous environment.
The market for remotely operated drones is expected to decline due to the limitations of becoming contaminated, lengthy process of plantation, crop production, and spraying.
Europe Agricultural Drones Market by Application
The Europe Others (Seeding Process, Solar Panel Inspection, Irrigation Monitoring, and Crop Health Assessments) Application is expected to grow at positive CAGR of ~% in 2017-2021 and is expected to reach ~USD Mn by 2027F. This is mainly due to the increasing use of drone-driven 3D maps, which allow users to collect data and determine the most effective methods for seed-planting, crop management, inspecting soil quality, locating soil dead zones, and improving nutrient use efficiency.
Drones are most commonly used for crop spraying as they save time and money while also protecting the sprayer from continuous exposure to harmful chemicals.
Europe Agricultural Drones Industry |
Crop monitoring is the second most popular application for drones., after Crop Spraying. Previously, yields were monitored using satellite or plane imagery. However, such methods were unsustainable and costly as the images were not precise enough and were easily influenced by weather conditions. Now, farmers are shifting to drones to get real-time footage of crop development and adjust their performance accordingly.
Key Segments Covered in Europe Agricultural Drones Market
Europe Agricultural Drones Market by Type
Multi-Rotor Drones
Fixed-Wing Drones
Europe Agricultural Drones Market by Component
Cameras
Operating Systems, Propellers, Controller Systems, Navigation and Positioning Systems
Sensors, and Laser Scanners (LiDAR)
Others (Batteries, Frames, Accessories, and More)
Europe Agricultural Drones Market By Operating/Control Technology
Remotely Operated
Semi-Autonomous
Autonomous
Europe Agricultural Drones Market By Application
Soil & Field Analysis
Crop Monitoring
Plantation
Livestock Management
Crop Spraying
Others (Seeding Process, Solar Panel Inspection, Irrigation Monitoring, Crop Health Assessments)
Europe Agricultural Drones Market by Geography and Major Countries
Germany
UK
Spain
France
Italy
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Key Target Audience: -
Agricultural Drones Manufacturers
Drones Manufacturers
Drone Components Manufacturers
Farm Equipment Manufacturers
Raw Material Suppliers for Agricultural Drones
Potential Investors in Agricultural Drones
Agricultural Drones Distributors
Agricultural Drones Technology and Service Providers
Agricultural Drones Advocacy Groups
Agriculture Financing and Insurance Companies
Environment Control and Emission Regulatory Organizations
Agricultural Research Organizations
Farming Research Institutes
Ministries of Farming and Agriculture
Aerospace Equipment Companies
Logistics Service Providers
Drone Manufacturer Associations
Contract Farming Solution Providers
Farm Management Solution Providers
Time Period Captured in the Report: –
Historical Period: 2017-2021
Forecast Period: 2022-2027F
Major Agricultural Drones Companies in Europe Mentioned in the Report: -
AeroVironment, Inc.
AgEagle Aerial Systems, Inc.
DJI
PrecisionHawk
DroneDeploy
Parrot Drone SAS
Delair-Tech
Trimble, Inc.
Microdrones
Atmos UAV
Notable Emerging Agricultural Drones Companies in Europe Mentioned in the Report: -
Victorbirds
Volocopter GmbH
birdpilot GmbH
Skykam Inspection Services
Drone AG
Edinburgh Drone Company Ltd
Hummingbird Technologies
PAINTEC S.L.
Hemav
UAVIA
Azur Drones
Agrorobotica srl
Aeramatica 3D
Helivr
Key Topics Covered in the Report: -
Snapshot of Europe Agricultural Drones Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of Europe Agricultural Drones Market
Historic Growth of Overall Europe Agricultural Drones Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of Europe Agricultural Drones Industry
Overview, Product Offerings, and SWOT Analysis of All the Key Competitors
Covid 19 Impact on the Overall Europe Agricultural Drones Market
Future Market Forecast and Growth Rates of the Total N Europe Agricultural Drones Market and by Segments
Market Size of Applications with Historical CAGR and Future Forecasts
Analysis of Europe Agricultural Drones Market in Major European Countries
Major Production / Consumption Hubs in the Major Countries
Major Production/Supply and Consumption/Demand Hubs in Each Major Country
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Europe Agricultural Drones Companies within Each Major Country
For More Information on the research report, refer to below link: -
Europe Agricultural Drones Market
Related Report: -
Contact Us: -
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249
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