Explore the Europe Agriculture Drones Market | Growth, Demand & Competitive Analysis

MarkNtel Advisors recently published a detailed industry analysis of the Europe Agriculture Drones Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Europe Agriculture Drones Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Europe Agriculture Drones Market is projected to grow at a CAGR of around 20% during the forecast period, i.e., 2023-28,

Key Findings in Europe Agriculture Drones Market:

• Historical Analysis: 2018–2021
• Base Year: 2022
• Forecast Period: 2023–2028

Leading Market Players- AeroVironment Inc., AgEagle Aerial Systems, Inc., DJI, PrecisionHawk, DroneDeploy, Parrot Drone SAS, Delair-Tech, Pix4D, Trimble, Inc., Microdrone, Others

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Europe Agriculture Drones industry?

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.

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What segments define the Europe Agriculture Drones Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?

By Drone Type

• Fixed Wing
• Rotary Blade
• Hybrid

According to report, 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.)

According to report, 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.)

According to report, Here, Field Crops hold a considerable share of the Europe Agriculture Drones market owing to the larger share of field crops in the agricultural land in Europe.

Explore the Complete Europe Agriculture Drones Market Analysis Report – https://www.marknteladvisors.com/research-library/europe-agriculture-drones-market.html

Geographical Analysis: Europe Agriculture Drones Market

By Country

• Germany
• The UK
• France
• Italy
• Spain
• The Netherlands
• Rest of Europe

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Europe Agriculture Drones Market?
• How is the Europe Agriculture Drones Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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