Agricultural
Drone Market Size, Share, Forecast and Growth Report – 2032

The agricultural drone market size is estimated to expand at
20.1% CAGR from 2023-2032 driven by favorable government initiatives for
promoting the adoption of advanced agricultural technologies.

The influx of subsidies, grants, and regulatory frameworks
facilitating the use of agricultural drones is contributing to increased
affordability for farmers. With several governments promoting awareness
campaigns, training programs, and collaborative research for fostering a
conducive environment for the integration of drones in farming practices, the
industry is set to witness steady growth. To cite an instance, the Indian
Government through its Drone Didi Yojana, seeks to offer drones to 15,000 selected
women Self Help Groups between 2024-2025 and 2025-2026 to facilitate rental
services to farmers for agricultural purposes.

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The agriculture drone industry is segmented into product,
application, and region.

Based on product, the agricultural drone market share from
the software segment generated substantial revenue in 2022 and is expected to
gain significant traction from 2023-2032. Advanced agricultural drone software
helps to enhance data analytics for allowing farmers to derive actionable
insights for precision farming for offering features, such as crop
monitoring, yield prediction, and field mapping. Additionally, the integration
with ML algorithms will further contribute to the increasing adoption of
agricultural drone software solutions for optimizing the agricultural
practices.

In terms of application, the agricultural drone industry
from the crop scouting segment is anticipated to witness high demand through
2032. Agricultural drones are essential in crop scouting as they provide
farmers with aerial insights into crop health for identifying diseases and pest
infestations alongside monitoring the overall crop conditions. The growing
awareness about the benefits of the efficiency and precision offered by drones
in crop scouting is also likely to surge the product demand.

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Regionally, the Asia Pacific agricultural drone market is
set to exhibit robust growth between 2023 and 2032 owing to the increasing
adoption of precision agriculture practices due to the rising need for enhanced
crop yield. The growing government initiatives for supporting several
technologies in agriculture and the favorable regulatory frameworks have led to
a surge in the number of investments.

Moreover, the increasing adoption of modern farming
techniques by farmers across the region is providing potential growth
opportunities to several market players, boosting the industry growth. For
instance, in November 2023, DJI, a Chinese drone manufacturer, launched two new
drone models for uses in a variety of applications to help with agricultural
productivity.

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