Market Insights & Analysis: Europe Agriculture Drones Market (2023-28)
Projected Growth: The Europe Agriculture Drones Market is projected to grow at a 20% CAGR during the forecast period, i.e., 2023-28.
In-Depth Overview of the Europe Agriculture Drones Market
Utilizing both primary and secondary research methodologies, the Europe Agriculture Drones Market report offers an in-depth analysis valuable for stakeholders and investors seeking market insights. This report delves into market dynamics, providing a detailed examination of regional trends and developments.
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Key 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.
The rising labor shortage caused by factors such as the aging population, low wages, and immigration disruption during the COVID-19 pandemic is encouraging demand for agricultural UAVs/drones. According to the European government, in 2021, several European countries experienced a severe shortage of migrant labor in their agricultural sectors at a time when their presence was necessary to make sure & maintain the production of spring fruits & vegetables.
In addition, as per European Commission, over the last decade, the total labor force participation ratio in agriculture in Europe fell from 10.8 million to 8.9 million in 2020. Hence, to eliminate the dependency on the manual workforce for planting, spraying pesticides, crop monitoring, and other purposes, the adoption of agricultural drones would spur substantially during the forecast period.
Europe Agriculture Drones Market Segmentation
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., horizontally & vertically.
By Application
-Crop Monitoring
-Soil & Field Analysis
-Planting & Seeding
-Crop Spray
-Livestock Monitoring
-Others (Smart Greenhouse, Irrigation Management, etc.)
By Farm Type
-Fruits and Vegetables
-Field Crops
-Dairy and Livestock
-Others (Flowers, Nursery Plants, etc.)
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Leading Companies in the Europe Agriculture Drones Market
The report features major players including:
AeroVironment Inc., AgEagle Aerial Systems, Inc., DJI, PrecisionHawk, DroneDeploy, Parrot Drone SAS, Delair-Tech, Pix4D, Trimble, Inc., Microdrone, Others
Regional Analysis
The report covers a comprehensive analysis of the Europe Agriculture Drones Market across various regions:
- Germany
- The UK
- France
- Italy
- Spain
- The Netherlands
- Rest of Europe
The research highlights development opportunities and challenges in these regions, encompassing sales growth, product pricing and analysis, growth potential, and strategic recommendations for addressing market challenges.
Essential Questions Addressed in the Europe Agriculture Drones Market Report
- Who are the major players in the Europe Agriculture Drones Market?
- Which region presents the most potential for the Europe Agriculture Drones Market?
- Which application area of the Europe Agriculture Drones Market is anticipated to grow significantly in the coming years?
- What opportunities exist for new market entrants?
- What is the projected market size for the Europe Agriculture Drones Market by the end of the forecast period?
- What are the growth prospects for the Europe Agriculture Drones Market?
- What is the base year considered in this market report?
- Which region holds the largest market share in the Europe Agriculture Drones Market?
- What factors are expected to drive the growth of the Europe Agriculture Drones Market?
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