India Agriculture Drones Market Size & Outlook, 2023-2030
India agriculture drones market, 2018-2030 (US$M)
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India agriculture drones market highlights
- The India agriculture drones market generated a revenue of USD 116.1 million in 2023 and is expected to reach USD 631.4 million by 2030.
- The India market is expected to grow at a CAGR of 27.4% 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.
Agriculture drones market data book summary
| Market revenue in 2023 | USD 116.1 million |
| Market revenue in 2030 | USD 631.4 million |
| Growth rate | 27.4% (CAGR from 2023 to 2030) |
| Largest segment | Rotary wing |
| Fastest growing segment | Fixed Wing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 5.2% of the global agriculture drones market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China agriculture drones market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 631.4 million by 2030.
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Agriculture Drones Market Scope
Agriculture Drones Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 62.36% in 2023. Horizon Databook has segmented the India agriculture drones market based on fixed wing, rotary wing covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the agriculture drone market is gaining momentum, driven by the government's push for technology adoption in farming. The recent relaxation of drone regulations for agricultural use and the launch of the "Kisan Drone" initiative have been significant catalysts for market growth.
These policy changes aim to address challenges in Indian agriculture, such as small landholdings, low mechanization, and the need for increased productivity. In states like Punjab and Haryana, which are known for intensive agriculture, drones are being adopted for tasks such as crop health monitoring and precision spraying.
The Indian Council of Agricultural Research (ICAR) is actively involved in drone research and pilot projects, demonstrating the technology's potential to improve farm productivity and reduce input costs. Moreover, India's diverse agroclimatic zones present varied applications for drone technology, from monitoring vast wheat fields to assessing plantation crops.
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Our clientele includes a mix of agriculture drones market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the India agriculture drones market , including forecasts for subscribers. This country databook contains high-level insights into India agriculture drones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India agriculture drones market size, by type, 2018-2030 (US$M)
India Agriculture Drones Market Outlook Share, 2023 & 2030 (US$M)
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