Electric Spraying Drone Trends and Forecast
The future of the global electric spraying drone market looks promising with opportunities in the flat ground use, mountain use, and orchards use markets. The global electric spraying drone market is expected to grow with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are increasing demand for precision agriculture & efficient crop management and rising awareness of sustainable farming practices.
• Lucintel forecasts that <15 L spray tank is expected to witness the highest growth over the forecast period.
• Within this market, flat ground use is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: DJI announced the launch of its new Agras T20P spraying drone, enhancing precision agriculture. The U.S. Department of Agriculture set a target to integrate 1,000 drones by 2025 to boost crop management efficiency.
China: XAG introduced the V40, a next-generation spraying drone, aimed at increasing crop yield by 15%. The Chinese government subsidizes 50% of drone purchases for farmers to encourage technology adoption in agriculture.
India: Garuda Aerospace partnered with the Ministry of Agriculture to deploy 10,000 electric spraying drones over the next five years, aiming to reduce pesticide usage by 20%. The government announced incentives for startups in the agri-drone sector.
Australia: Yamaha Motor Australia launched the FAZER R G2, an advanced spraying drone for large-scale farming. The Australian government plans to invest AUD 100 million in agri-tech, including drone technology, by 2025 to enhance farming productivity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Electric Spraying Drone by Segment
The study includes a forecast for the global electric spraying drone by type, application, and region.
Electric Spraying Drone Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• <15 L Spray Tank
• 15-20 L Spray Tank
• >20 L Spray Tank
Electric Spraying Drone Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Flat Ground Use
• Mountain Use
• Orchards Use
• Others
Electric Spraying Drone Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Electric Spraying Drone Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric spraying drone companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric spraying drone companies profiled in this report include-
• DJI
• XAG
• TXA
• Hanhe
• Yuren Agricultural Aviation
• Harris Aerial
• Kray
Recent Development in the Electric Spraying Drone Market
DJI: DJI launched the Agras T20P, a state-of-the-art spraying drone designed to enhance precision agriculture. The T20P features advanced AI capabilities and a high-capacity tank, enabling efficient large-scale crop spraying. DJIÄX%$%Xs focus is on integrating cutting-edge technology to optimize agricultural processes and improve crop yields.
XAG: XAG introduced the V40 spraying drone, which boasts an innovative rotary atomization spraying system to deliver fine droplets, ensuring better pesticide distribution. This new model is part of XAGÄX%$%Xs broader strategy to revolutionize farming practices with automation and smart agriculture solutions. The company is also working on enhancing AI-driven operations to further reduce manual labor.
Garuda Aerospace: Garuda Aerospace has entered into a partnership with the Ministry of Agriculture in India to deploy 10,000 electric spraying drones over the next five years. This initiative aims to reduce pesticide usage by 20% and improve overall farming efficiency. Garuda Aerospace is focusing on leveraging its drone technology to provide sustainable agricultural solutions and boost productivity.
Yamaha Motor Australia: Yamaha Motor Australia launched the FAZER R G2, an advanced spraying drone designed for large-scale farming applications. The FAZER R G2 features a robust frame and extended flight time, catering to the demands of extensive agricultural operations. YamahaÄX%$%Xs investment in drone technology underscores its commitment to enhancing farming efficiency and productivity.
John Deere: John Deere announced the development of an electric spraying drone equipped with precision agriculture technology. The drone is designed to work seamlessly with John DeereÄX%$%Xs existing agricultural machinery, offering farmers an integrated solution for crop management. This initiative reflects John DeereÄX%$%Xs ongoing efforts to innovate in the agricultural sector and provide cutting-edge tools to farmers worldwide.
Features of the Global Electric Spraying Drone Market
Market Size Estimates: Electric spraying drone market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electric spraying drone market size by type, application, and region in terms of value ($B).
Regional Analysis: Electric spraying drone market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the electric spraying drone market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric spraying drone market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for electric spraying drone market?
Answer: The global electric spraying drone market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the electric spraying drone market?
Answer: The major drivers for this market are increasing demand for precision agriculture & efficient crop management and rising awareness of sustainable farming practices.
Q3. What are the major segments for electric spraying drone market?
Answer: The future of the electric spraying drone market looks promising with opportunities in the flat ground use, mountain use, and orchards use markets.
Q4. Who are the key electric spraying drone market companies?
Answer: Some of the key electric spraying drone companies are as follows:
• DJI
• XAG
• TXA
• Hanhe
• Yuren Agricultural Aviation
• Harris Aerial
• Kray
Q5. Which electric spraying drone market segment will be the largest in future?
Answer: Lucintel forecasts that <15 L spray tank is expected to witness the highest growth over the forecast period.
Q6. In electric spraying drone market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the electric spraying drone market by type (<15 L spray tank, 15-20 L spray tank, and >20 L spray tank), application (flat ground use, mountain use, orchards use, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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