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Agricultural Drones Market Size to Grow at 34.9% CAGR, Set to Reach USD 29.9 Billion By 2032

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BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — The Global Agricultural Drones Market Size collected USD 1.5 Billion in 2022 and is set to achieve a market size of USD 29.9 Billion in 2032 growing at a CAGR of 34.9% from 2023 to 2032.

Agricultural Drones Market Research Report Highlights and Statistics:

  • The Global Agricultural Drones Market Size in 2022 stood at USD 1.5 Billion and is set to reach USD 29.9 Billion by 2032, growing at a CAGR of 34.9%
  • The Agricultural Drones Market Provides farmers with a range of tools for precision agriculture and crop management.
  • Advancements in drone technology, such as the development of autonomous drones and the integration of artificial intelligence and machine learning, are expected to drive growth in the market.
  • North America is the largest market for agricultural drones, followed by Europe and Asia Pacific, with Asia Pacific being the fastest growing market for agricultural drones.

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Agricultural Drones Market Report Coverage:

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Market Agricultural Drones Market
Agricultural Drones Market Size 2022 USD 1.5 Billion
Agricultural Drones Market Forecast 2032 USD 29.9 Billion
Agricultural Drones Market CAGR During 2023 – 2032 34.9%  
Agricultural Drones Market Analysis Period 2020 – 2032
Agricultural Drones Market Base Year 2022  
Agricultural Drones Market Forecast Data 2023 – 2032
Segments Covered By Component, By Application, And By Geography
Agricultural Drones Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled DJI, Trimble Navigation Ltd., Agribotix, Autocopter Corp., Eagle UAV Services, URSULA Agriculture, Honeycomb Corp., Drone Deploy, AgEagle Aerial Systems Inc., Parrot SA, Yamaha Motor, Delair Tech, AeroVironment Inc., Precision Hawk, and 3DR.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Agricultural Drones Market Overview:

The agricultural drones market is an innovative and rapidly expanding industry that offers farmers a variety of tools for crop monitoring and management. Drones equipped with specialized sensors and cameras can provide farmers with detailed information about crop health, moisture levels, and yield estimates, allowing for more efficient and precise crop management. These drones are also used for mapping, soil analysis, and pesticide and fertilizer application, reducing waste and improving crop yields. The market is driven by a growing demand for food due to population growth, the need for sustainable and efficient agriculture practices, and advancements in drone technology. The market is dominated by major players such as DJI, Trimble Inc., and Yamaha Motor Co. Ltd., but there are also many emerging startups and companies entering the market with unique and innovative drone applications for agriculture.

Trends in the Agricultural Drones Market:

  • Growth in use of multispectral and hyperspectral sensors for improved crop health analysis and disease detection.
  • Development of autonomous drones for more efficient and cost-effective crop monitoring.
  • Drones usage in precision spraying and application of fertilizers and pesticides, reducing waste and improving crop yields.
  • Adoption of swarm technology for coordinated and efficient crop monitoring and analysis.
  • Use of drones for precision irrigation management, reducing water usage and improving crop yields.
  • Integration of weather sensors for more accurate and timely weather monitoring and forecasting.
  • Development of hybrid drones for longer flight times and increased payload capacity.
  • Use of drones for livestock monitoring and management, including tracking and health analysis.
  • Development of swappable payloads, allowing for more flexible and customizable drone applications.
  • Growing trend towards drone-as-a-service (DaaS) models, allowing farmers to outsource drone operations to specialized service providers.

Agricultural Drones Market Dynamics:

  • Demand in food stock due to population growth and changing dietary habits, leading to the need for more efficient and sustainable agriculture practices.
  • Advancements in drone technology, including longer flight times, improved sensors, and autonomous capabilities.
  • Use of drones for remote and inaccessible areas, allowing for more comprehensive crop monitoring and analysis.
  • Growing trend towards digital agriculture and data-driven farming practices.
  • Increasing government support and funding for agricultural drone technology development and adoption.
  • Use of drones for rapid response to crop diseases and pests, allowing for more timely and effective interventions.
  • High demand for organic and non-GMO crops, leading to the need for more precise and sustainable crop management practices.
  • Growing trend towards vertical farming and urban agriculture, requiring innovative and high-tech crop management solutions.
  • Increasing importance of climate-smart agriculture and sustainable farming practices.

Growth Hampering Factors in the Market for Agricultural Drones:

  • High cost of drone technology and maintenance, limiting adoption by small-scale farmers.
  • Limited awareness and education about the benefits of agricultural drones and their potential applications.
  • Concerns about data privacy and security, particularly in the storage and transfer of sensitive agricultural data.
  • Reliability and durability issues with drone hardware and software, leading to potential crashes and equipment failure.
  • Limited availability of skilled personnel to operate and maintain drones.
  • Concerns about potential negative impacts of drones on the environment, including noise pollution and wildlife disturbance.
  • Limitations in drone flight time and payload capacity, limiting the range of applications for agricultural drones.
  • Adverse weather conditions, such as strong winds and heavy rain, limiting the effectiveness of drone operations.
  • Limited compatibility between different drone hardware and software systems, hindering data sharing and integration.

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Market Segmentation:

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By Type of Component

  • Software
    1. Data Analytics Software
    2. Data Management Software
    3. Imaging Software
    4. Other
  • Hardware
    1. Control System
    2. Frames
    3. Navigation System
    4. Propulsion System
    5. Avionics
    6. Payload
    7. Other

By Application

  • Soil & Field Analysis
  • Crop Spray
  • Crop Monitoring
  • Planting & Seeding
  • Other

By Product Type

  • Rotary-Wing
  • Fixed Wing
  • Others

End User

  • E-commerce
  • Travel & Tourism
  • BFSI
  • Retail
  • Media and Entertainment
  • Healthcare
  • Others

Agricultural Drones Market Overview by Region:

North America’s Agricultural Drones market share is the highest globally, with the United States being the leading contributor to market growth. The region’s high adoption rate can be attributed to the presence of large agribusinesses, technological advancements, and favorable government initiatives. The use of drones in North America has resulted in improved crop yield, reduced labor costs, and efficient crop monitoring. In addition, the region is witnessing the emergence of several drone-as-a-service (DaaS) providers, allowing farmers to outsource drone operations and access advanced drone technology without investing in expensive equipment.

The Asia-Pacific region’s Agricultural Drones Market share is also huge and is growing at the fastest rate, with countries such as China and Japan leading the market growth. The region’s growth can be attributed to the increasing demand for food due to population growth and changing dietary habits, coupled with the need for more efficient and sustainable agriculture practices. The use of drones in the region has resulted in improved crop yields, reduced labor costs, and efficient crop monitoring.

Europe is another key market for Agricultural Drones, with countries such as France, Germany, and the UK leading the market growth. The region is witnessing increasing demand for sustainable agriculture practices, leading to the adoption of precision farming techniques and the use of drones for more efficient and precise crop management. Moreover, the region is witnessing increasing government support and funding for agricultural drone technology development and adoption.

The MEA and South American regions have an emerging Agricultural Drones market share, and it is expected to grow at a steady pace.

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Agricultural Drones Market Key Players:

Major companies working in the market include DJI, Trimble Inc., Parrot SA, AeroVironment Inc., PrecisionHawk Inc., Yamaha Motor Co., Ltd., AgEagle Aerial Systems Inc., HoneyComb Corporation, Agribotix LLC, AgJunction Inc., Airinov, DroneDeploy, GoPro Inc., Delair, senseFly, Topcon Positioning Group, Inc., Ursula Agriculture, Intel Corporation, Atlas Dynamics, and Sentera LLC. These companies are focused on developing high-tech drones that can be used for a range of agricultural applications, such as crop monitoring, irrigation, and fertilization.

Browse More Research Topic on Agriculture Sector Related Reports:

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Global Smart Agriculture Market is anticipated to reach market size of around USD 25,000 Million by 2027 and is anticipated to grow at a CAGR of around 10% in terms of revenue during the forecast period 2020 to 2027.

Global Agricultural Microbials Market is anticipated to reach market size of around USD 12,500 Million by 2027 and is anticipated to grow at a CAGR of around 15% in terms of revenue during the forecast period 2020 to 2027.

The Global Fertilizer Market is anticipated to grow at a CAGR of around 3.0% during the forecast period 2020 to 2027 and to reach around USD 252.5 Billion by 2027.

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Artificial Intelligence

Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

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SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
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How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

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Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Drone Sensor Market Size, Share, Industry Growth & Trends by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region – Global Forecast to 2029
Smart Agriculture Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Hardware, Software, Services), Agriculture Type, Farm Size (Large, Medium, Small), Application (Precision Farming, Livestock Monitoring) and Region (America, Europe, Asia Pacific, Row) – Global Forecast to 2028
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Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
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Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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