Market revenue in 2023 | USD 419.3 million |
Market revenue in 2030 | USD 1,763.6 million |
Growth rate | 22.8% (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 |
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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 U.S. agriculture drones market based on fixed wing, rotary wing covering the revenue growth of each sub-segment from 2018 to 2030.
The country's largescale farming operations, particularly in states such as California, Iowa, and Nebraska, are experiencing a higher adoption rate of drones. For example, Bowles Farming Company in California's Central Valley employs drones to monitor its 12,000 acres of tomatoes, cotton, and other crops, significantly reducing manual inspection time and costs.
Precision agriculture practices are also fueling market growth, with companies such as John Deere integrating drone technology into their systems. Their Operations Center platform now incorporates drone imagery, allowing farmers to make data-driven decisions for efficient crop management.
Regulatory support has played a crucial role, with the Federal Aviation Administration’s (FAA's) Part 107 rules implemented in 2016 and updated in 2021, making it easier for farmers to operate drones for commercial use. This has led to a surge in drone registrations for agricultural purposes.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. agriculture drones market , including forecasts for subscribers. This country databook contains high-level insights into U.S. agriculture drones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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