The global agriculture drone market is anticipated to grow at a CAGR of around 15.8% during the forecast period. An agriculture drone is a generally unmanned aerial vehicle that is used to optimize operations, monitor crop growth and increases crop productions. The factors attributing to the growth of global agriculture drone markets include growing various drone service providers, increasing funding, real-time farm management, and technological advancement. Other factors such as the increase in precision farming as it has many advantages such as various positing systems and guided vehicles are being developed to create precision farming. Moreover, the rapid growth of the agricultural sector due to more usage of technologically innovative equipment into agricultural practices will be driving the market growth. On the contrary, high initial installation cost, fluctuations in weather conditions and range issues will be hampering the growth of the market. However, with the increasing demand for food, there is constant pressure in increasing agricultural productivity and maintaining good crop health will be creating a significant opportunity for market growth.

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The global agriculture drone market is further segmented based on geography including North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to have the largest market share during the forecast period, attributing to factors such as increasing automation in the agricultural field, increasing adoption of the UAVs from mowing to ploughing enhanced productivity, growing number of service providers in the region. Moreover, growing awareness for precision agriculture for field mapping and crop scouting is influencing farmers to implement UAVs in farming that further driving the growth of the market in the region.

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It is estimated that the agriculture drone market may witness a decline during 2019-2020 due to the COVID-19 impact. Government policies have disrupted manufacturing and global supply chains, which has had and will continue to have a significant direct and indirect impact on the agriculture drone’s market. Until the COVID-19 outbreak continues it will be resulting in an extended duration of commercial as well as government restrictions. Therefore, this will make agriculture drone manufacturing companies unable to receive raw materials and components for the production of their products. However, according to professionals of the agriculture drone ecosystem, the market will speed up and grow beginning in 2021 as the pandemic has generated the need for various types of machinery required for farming operations. Lack of labor due to pandemic disrupted the easy flow of supply chains and lower productivity and this has increased the need for agricultural robots, drones, machines. This factor will further support the market growth after the pandemic.

Global Agriculture Drone Market – Segmentation
by Type
Fixed-Wing
Multi Rotor
Hybrid Uavs
by Application
Spraying
Field Mapping
Crop Scouting
Others (Crop Monitoring)

Global Agriculture Drone Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
3D Robotics Inc.
AeroVironment, Inc.
AgEagle Aerial Systems Inc.
American Robotics, Inc.
Avular BV
Drone AG
Green Aero Technology Inc.
ideaForge Technology Pvt. Ltd.
Parrot Drones SAS
PrecisionHawk Inc.
Pigeon Innovative Solutions LLP
Skyx
Slantrange, Inc.
SZ DJI Technology Co., Ltd.
Top Flight Technologies
Trimble Inc.
XAG Co., LTD.
Yamaha Motor Corp.

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