Europe Agriculture Drone Market is expected to reach US$ 2.33 Bn. by 2027 at a CAGR of 27.56 during the forecast period.
Report Scope:
The report delves into various aspects of the Europe Agriculture Drone Market, including design, application, components, and geography. It covers two different designs based on software and hardware, with the hardware segment dominating the market owing to the higher costs of drone components and assembly. The market has been further categorized into several components, such as the frame, controller system, propulsion system, image system, navigation system, battery, and others.
The key components driving the agriculture drone market in Europe are the controller, propulsion, and navigation systems. The application areas for agriculture drones include field mapping, variable rate application (VRA), crop spraying, livestock monitoring, agriculture photography, and others. Notably, field mapping, livestock monitoring, and crop spraying have emerged as the major segments with significant market shares.
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Research Methodology:
The report is based on data from paid databases like Bloomberg, Hoovers, and Factiva. Insights from experts and stakeholders from leading market players have been incorporated to validate and gather critical information for evaluating market trends during the forecast period. The study employs top-down and bottom-up approaches to estimate the size of the Europe Agriculture Drone Market on a regional and country-wise basis. Data triangulation techniques and comparative analysis are also utilized to calculate the exact market size.
Drivers, Restraints, and Regional Insights:
The Europe Agriculture Drone Market is gradually gaining traction in the agricultural sector, offering substantial relief to farmers. Drone technology enables crop monitoring and reduces labor and resource requirements, significantly benefiting farmers. Drones provide aerial-view field images, enabling farmers to identify differences between healthy and unhealthy plants that are not easily discernible with the naked eye. This assists farmers in assessing crop growth and monitoring production efficiently.
Europe, being an advanced region, has made substantial investments to enhance agriculture production. Key countries like the UK, France, Germany, and Russia have played crucial roles in driving the adoption of agriculture drones.
Segmentation:
For any drone, including those used in agriculture, the controller, propulsion, and navigation systems are essential. The costs associated with implementing Europe Agriculture Drone Market technologies into drones are quite high, and they have only recently begun to be commercialised for use in the agriculture industry. Field mapping, variable rate application (VRA), crop spraying, animal monitoring, farm photography, and other uses are included in the application categories for the Europe farm Drone Market. Drones used in agriculture have two primary purposes: monitoring crop productivity and conducting thorough field research to identify problem areas and opportunities for development.
Europe Agriculture Drone Market, By Design:
Drone Hardware
Software
Europe Agriculture Drone Market, By Component:
Frame
Controller System
Propulsion System
Image System
Navigation System
Battery and Others
Europe Agriculture Drone Market, By Application
Field Mapping
Variable Rate Application (VRA)
Crop Spraying
Live Stock Monitoring
Agriculture Photography and Others
Key Players:
- Investindustrial
• Parrot SA
• Precision Hawk
• Delair-Tech
• Flyability
• SenseFly
• Pix4D
• UAS
• Santerra
• Airnov
• Atmos UAV
• Gamaya
• Delair
• HummingBird Technologies
• Accelerated Dynamics
• Avular
• BioCarbon Engineering
• PAINTEC SL
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Key questions answered in the Europe Agriculture Drone Market are:
- What is Europe Agriculture Drone?
- What are the factors driving the Europe Agriculture Drone Market growth?
- What are the factors are limiting the Europe Agriculture Drone Market growth?
- What was the Europe Agriculture Drone market size in 2021?
- Which trends are expected to generate additional revenue for the Europe Agriculture Drone market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Agriculture Drone Market?
- What growth strategies are the players considering to increase their foothold in the Europe Agriculture Drone Market?
- Who held the largest market share in the Europe Agriculture Drone Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2019 to 2027)
- Past Pricing and price curve by region (2019 to 2027)
- Market Size, Share, Size & Forecast by different segment | (2019 to 2027)
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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