Markntel Advisors has conducted a comprehensive study on the Europe Agriculture Drones Market is projected to grow at a CAGR of around 20% during the forecast period, i.e., 2023-28, due to the steady decline in the human workforce, growing emphasis on smart farming, and rising government initiatives toward the development of the agriculture sector. The change in climatic conditions, fluctuation in the annual rainfall, and declining farming lands have been some of the prominent factors for adopting smart farming methods in Europe.
In addition, the Europe Agriculture Drones Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.
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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.
Europe Agriculture Drones Industry Breakdown: Key Revenue Generating Segments
To facilitate focused analysis, the Europe Agriculture Drones Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter's five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:
-By Drone Type
-Fixed Wing
-Rotary Blade
-Hybrid
-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.)
-By Country
-Germany
-The UK
-France
-Italy
-Spain
-The Netherlands
-Rest of Europe
Each sections offer valuable insights into the Europe Agriculture Drones Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.
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Competitive Analysis of the Europe Agriculture Drones Industry
-AeroVironment Inc.
-AgEagle Aerial Systems, Inc.
-DJI
-PrecisionHawk
-DroneDeploy
-Parrot Drone SAS
-Delair-Tech
-Pix4D
-Trimble, Inc.
-Microdrone
-Others
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Europe Agriculture Drones Market Research Report Answers the Following Key Questions
- How big is the Europe Agriculture Drones Market?
- What is the projected growth rate or CAGR of the Europe Agriculture Drones Market during 2022-27?
- What are the key trends or growth opportunities for the key players in the Europe Agriculture Drones Market?
- Which ‘segment’ seems promising for companies operating in the Europe Agriculture Drones Market?
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