Exploring Europe Agriculture Drones Market Opportunity, Latest Trends, Demand, and Development By 2028- MarkNtel Advisors
According to Markntel Advisors Report, Europe Agriculture Drones Market is expected to grow at a significant growth rate, and the analysis period is 2023-2028, considering the base year as 2023. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
An agriculture drone is an Unmanned Aerial
Vehicle (UAV) used primarily
for crop monitoring & analyzing the crop growth stages, health, and soil
variations. Along with crop monitoring purposes, drones are also used for
spraying pesticides & fertilizers, seeding, livestock monitoring, and other
purposes for optimizing the crop yield & increasing the production of the
crops.
Europe Agriculture Drones Market
Research Report & Summary:
The Europe Agriculture Drones Market is projected to grow at a CAGR of around 20% during the forecast
period, i.e., 2023-28, due to the steady decline in the human workforce,
growing emphasis on smart farming, and rising government initiatives toward the
development of the agriculture sector.
Time Period
Captured in the Report:
·
Historical
Years: 2018-21
·
Base
Years: 2022
·
Forecast
Years: 2023-2028
Who are the Key Players Operating in the Europe
Agriculture Drones Market?
The top
companies of the Europe Agriculture Drones Market ruling the industry
are:
AeroVironment Inc.,
AgEagle Aerial Systems, Inc., DJI, PrecisionHawk, DroneDeploy, Parrot Drone
SAS, Delair-Tech, Pix4D, Trimble, Inc., Microdrone, Others
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The Europe Agriculture Drones Market explores
the industry by emphasizing the growth parameters and categorizes including
geographical segmentation, to offer a comprehensive understanding of the market
dynamic. The further bifurcations are as
follows:
-By Drone Type
-Fixed Wing
-Rotary Blade
-Hybrid
-By Application
-Crop Monitoring
-Soil & Field Analysis
-Planting & Seeding
-Crop Spray
-Livestock Monitoring
-Others (Smart Greenhouse, Irrigation Management, etc.)
-By Farm Type
-Fruits and Vegetables
-Field Crops
-Dairy and Livestock
-Others (Flowers, Nursery Plants, etc.)
-By Country
-Germany
-The UK
-France
-Italy
-Spain
-The Netherlands
-Rest of Europe
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Market Dynamics - Europe
Agriculture Drones Market:
Key Driver: Shortage of Labor in the Europe Agriculture Sector to Drive
the Adoption of Agricultural Drones
Agriculture is one of the sectors requiring a large workforce for
cultivating crops. Europe has been largely dependent upon migrant laborers from
African & Asian countries for crop production in the regional countries.
However, in recent years, European countries witnessed a decline in the number
of migrant laborers, which gave rise to the adoption of agricultural drones
among the farmers of Europe.
The rising labor shortage caused by factors such as the aging
population, low wages, and immigration disruption during the COVID-19 pandemic
is encouraging demand for agricultural UAVs/drones. According to the European
government, in 2021, several European countries experienced a severe shortage
of migrant labor in their agricultural sectors at a time when their presence
was necessary to make sure & maintain the production of spring fruits &
vegetables.
In addition, as per European Commission, over the last decade, the
total labor force participation ratio in agriculture in Europe fell from 10.8
million to 8.9 million in 2020. Hence, to eliminate the dependency on the
manual workforce for planting, spraying pesticides, crop monitoring, and other
purposes, the adoption of agricultural drones would spur substantially during
the forecast period.
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