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With the global population projected to reach over 9 billion by 2050, the challenge of how to feed this growing population is becoming increasingly urgent. According to the Food and Agriculture Organization of the United Nations (FAO), there needs to be 60% more food produced by 2050 in order to meet demand. This goal will be particularly challenging as many regions are experiencing changing climate patterns which can impact agricultural yields negatively. New technologies are sprouting up in farming, and they are going to be very useful in ensuring a stable food supply. One of these technologies is drones. Drones, or unmanned aerial vehicles (UAVs), may be able to help farmers better manage their resources by collecting data that can reduce costs while enhancing yields.
The research report titled “Agricultural Drones Market, Business and Opportunity Analysis” published by Datavagyanik presents a detailed analysis of the Agricultural Drones Market with country-wise market statistics, qualitative insights, and market player analysis. One of the prime objectives of the report is to provide an assessment of the market potential, market revenue, growth, and business opportunities for the Agricultural Drones Market in each country.
The global Agricultural Drones Market is expected to be $1.25 billion in 2020 and is expected to grow at 32% CAGR during the forecast period.
North America agriculture drone Market size is expected to be – million and is expected to grow at a CAGR of –% during the period till 2030. North America is expected to be the fastest-growing region in the agriculture drone market during the forecast period. This can be attributed to increasing government funding, rising applications and adoption of drone technology among farmers, increasing awareness and demand for agricultural products. The growth of the agriculture industry in North America is projected to drive the drone market in the region.
The agriculture drone market in the United States is expected to be valued at $xx million by 2022 and register a CAGR of xx% till 2030 .
Agricultural drones are predicted to become a big part of farming in Europe. The last decade has seen significant changes in farming practices all over Europe, including new technology adopted by farmers who are keen on efficiency and want to get more for their investment. One of these technologies is unmanned aerial vehicles (UAVs), also known as drones. Drones can help farmers monitor their crops from above, giving them more data on how to treat their fields, which should result in higher yields. Europe agriculture drone Market size is expected to be – million and is expected to grow at a CAGR of –% till 2030. France, Italy, Spain & Germany are the most prominent markets in the region.
Drones are becoming extremely popular in many parts of the world due to their cost-effectiveness, speed, precision, flexibility, and ease of use. High Population density in Asia, makes it an ideal region for technology deployment in Agriculture. Drones can be highly beneficial for the agriculture sector in the region. Rising consumer awareness regarding farm product quality is also fueling the growth of the agriculture drone market. However, low acceptance of technology by farmers can restrain the growth of the agriculture drone market during the forecast period. Asia Pacific agriculture drone market size is expected to be – million and is expected to grow at a CAGR of –% till 2030. China, Japan, Australia & South Korea are the most prominent markets in the region.
The Middle East agriculture drone market size is expected to be $50.2 million in 2021 and is expected to grow at a CAGR of 29.75% till 2030.
The agriculture drone market in Saudi Arabia is expected to be valued at $xx million in 2022 and register a CAGR of xx% till 2030. This report provides an overview of the agriculture drone industry in Saudi Arabia, including highlights of key trends over the forecast period and recent developments & regulations related to agriculture drones. The Saudi Arabian government has encouraged the adoption of advanced technology in Agriculture like agriculture drones. This rise in demand for technologically advanced Farming equipment is expected to propel the growth of the Saudi Arabian agriculture drone market.
The report analyzes Agricultural Drones Market from the demand as well as the supply side. In supply-side analysis, we reach out to the Agricultural Drones Market players to collect information on their portfolio, revenue, target customers, and other insights. During this process, paid interviews and surveys are conducted for obtaining and validating the data pointers. We also deep dive into the available paid industry databases, research studies, white papers, and annual reports.
As a part of our demand-side analysis, we reach out to the end-users of the Agricultural Drones Market, to gauge the application areas, demand trends, and similar insights.
This business analysis report on the Agricultural Drones Market presents a regional as well as country-level analysis. The regions covered in the report are – North America, Europe, Asia Pacific and Rest of the World. In these four regions, all the countries have been covered in detail with information on Agricultural Drones Market size, trends, and forecast.
The report covers Agricultural Drones Market revenue and forecast for the period (till 2030), by regions, (further split into countries):
|Agricultural Drones Market Revenue ($Million)||XX||XX||XX||XX||XX|
*Note – Country-level break-down has been covered in the report
There is an entire data collection and validation framework that Datavagyanik follows to provide you with authentic information. We connect to industry experts across various countries to understand market trends and demand patterns. The same is done through paid interviews and surveys.
Our internal team of analysts is experts in studying market patterns, mining data, and extracting useful information from different paid as well as freely available sources. Datavagyanik has an exhaustive internal database with information on markets, market players, and other macro and microeconomic indicators that impact industries.
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