Asia Pacific Agriculture Drones Market Size & Outlook
Asia Pacific agriculture drones market, 2018-2030 (US$M)
Related Markets
Asia Pacific agriculture drones market highlights
- The Asia Pacific agriculture drones market generated a revenue of USD 536.2 million in 2023.
- The market is expected to grow at a CAGR of 25.4% from 2024 to 2030.
- In terms of segment, rotary wing was the largest revenue generating type in 2023.
- Fixed Wing is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 536.2 million |
| Market revenue in 2030 | USD 2,612.6 million |
| Growth rate | 25.4% (CAGR from 2023 to 2030) |
| Largest segment | Rotary wing |
| Fastest growing segment | Fixed Wing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Wing, Rotary Wing |
| Key market players worldwide | Parrot SA, AgEagle Aerial Systems Inc, AeroVironment Inc, Trimble Inc, Draganfly Inc Ordinary Shares, DJI, PrecisionHawk, DroneDeploy, Autel Robotics, Pix4D, Sky-Drones, Sentera |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.9% of the global agriculture drones market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,612.6 million by 2030.
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Agriculture Drones Market Scope
Agriculture Drones Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific agriculture drones market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to agriculture drones market will help companies and investors design strategic landscapes.
Rotary wing was the largest segment with a revenue share of 62.48% in 2023. Horizon Databook has segmented the Asia Pacific agriculture drones market based on fixed wing, rotary wing covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for scalable and efficient solutions that help improve farm management and increase yields of large-scale agricultural operations in the region drives the growth of the agriculture drones market in Asia Pacific.
The presence of extensive farming operations in countries such as China and India offers promising growth opportunities to market players. According to the Organization for Economic Co-operation and Development (OECD)/Food and Agriculture Organization (FAO) Agricultural Outlook for 2023-2032, Asia Pacific was the largest agricultural crop producer in the world.
Drones help manage large areas more effectively and cost-efficiently. Moreover, challenges such as rising labor costs, water scarcity, and tropical climates in some parts of the region present the need for technological interventions to ensure food security.
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Target buyers of Asia Pacific agriculture drones market databook
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Our clientele includes a mix of agriculture drones market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific agriculture drones market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific agriculture drones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific agriculture drones market size, by country, 2018-2030 (US$M)
Asia Pacific Agriculture Drones Market Outlook Share, 2023 & 2030 (US$M)
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