Europe Agriculture Drones Market Poised for 20% CAGR Growth Through 2028 – MarkNtel Advisors
MarkNtel Advisors has released its comprehensive analysis of Europe Agriculture Drones Market, projecting a steady 20% CAGR growth from 2023-2028. Our team of industry specialists has exactly compiled the latest market intelligence to support stakeholders—entrepreneurs, financial analysts, and corporate strategists—in making informed, data-backed decisions.
Europe Agriculture Drones Market Statistics:
Study Period- Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028): 20%
Market Study Report Coverage:
- Market Fundamentals: Size, share, Revenue, and historical performance metrics.
- Geographical Analysis: Growth hotspots – Of all the countries across the region, Germany acquired a dominant share of the Europe Agriculture Drones market due to the growing digitalization of the agriculture sector in the country.
- Competitive Benchmarking: Market leaders vs. emerging players.
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Europe Agriculture Drones Market Segmentation Analysis (2023–2028)
The study analyzes significant trends in each segment of Europe Agriculture Drones Market report, as well as growth estimates for 2023–2028 at the geographical levels.
As per the Report the market segment bifurcated into:
By Drone Type
– Fixed Wing
– Rotary Blade
– Hybrid
Among them, the Rotary Blades drone type has grown at a sizeable rate, owing to their advantages of hovering & flying in every direction, i.e.,
By Application
– Crop Monitoring
– Soil & Field Analysis
– Planting & Seeding
– Crop Spray
– Livestock Monitoring
– Others (Smart Greenhouse, Irrigation Management, etc.)
Crop monitoring accounted for a major share of the Europe Agriculture Drone market for dealing with various crop production challenges such as unpredictable weather, pest detection, crop health, water requirement status, 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
Europe Agriculture Drones Market Sector Growth 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.
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Europe Agriculture Drones Market Competitive Outlook (2023–2028)
This section discusses the major participants in Europe Agriculture Drones Market, with a focus on securing new contracts in developing nations to strengthen their footprint
Competitive Analysis Cover:
- Business Description
- Product Segments
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
List of Major Europe Agriculture Drones Market Competitor
- AeroVironment Inc.
- AgEagle Aerial Systems, Inc.
- DJI
- PrecisionHawk
- DroneDeploy
- Parrot Drone SAS
- Delair-Tech
- Pix4D
- Trimble, Inc.
- Microdrone
- Others
The market is highly fragmented, with a mix of global and regional players competing for market share. To Learn More About the Global Trends Impacting the Future of Top 10 Companies in Europe Agriculture Drones Market
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