Market revenue in 2023 | USD 760.6 million |
Market revenue in 2030 | USD 3,325.1 million |
Growth rate | 23.5% (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 |
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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 62.56% in 2023. Horizon Databook has segmented the North America agriculture drones market based on fixed wing, rotary wing covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the North America agriculture drones market can be attributed to several factors, including the growing preference for precision agriculture, looming labor shortages, and rising labor costs.
Moreover, continued collaboration between universities, research institutions, and private companies is leading to innovations that are helping enhance the capabilities and applications of agricultural drones.
As such, the strong and robust Research and Development (R&D) ecosystem in North America, which supports the continuous improvement of drone technology, is also contributing to the growth of the market.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America agriculture drones market , including forecasts for subscribers. This continent databook contains high-level insights into North America agriculture drones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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