European Agricultural Drones Industry to 2027 - Players Include Trimble, Microdrones, Atmos UAV and Victorbirds - ResearchAndMarkets.com | Business Wire

2022-09-09 20:30:38 By : Mr. Aries Gu

DUBLIN--(BUSINESS WIRE )--The "Europe Agricultural Drones Market Outlook And Forecast To 2027 - Driven By Rise In Need For Precision Farming, Increasing Labour Shortage, And Increasing Demand For Global Food Production" report has been added to ResearchAndMarkets.com's offering.

Over the next five years, the Agricultural Drones market in the Europe is forecasted to grow at least 20% CAGR, owing to the rise in need for precision agriculture and government efforts to deploy drones/UAVs, notably in the ongoing COVID-19 pandemic.

The increase in demand for 3D imaging technology across a wide range of application domains is driving the demand for sensor, and laser scanners (LiDAR) will help the Agricultural Drones market to grow. In addition, the presence of automation in agriculture and farming has increased, providing lucrative expansion opportunities for drones.

Furthermore, unmanned aerial vehicles (UAVs)/drones are heavily embedded with costly navigation and other autonomous systems, which raises the final cost of products and therefore is likely to stifle market growth.

Key Segments Covered in Europe Agricultural Drones Market:

Europe Agricultural Drones Market By Type

Europe Agricultural Drones Market By Component

Europe Agricultural Drones Market By Operating/Control Technology

Europe Agricultural Drones Market By Application

Europe Agricultural Drones Market By Geography and Major Countries

Time Period Captured in the Report:

Key Topics Covered in the Report:

For more information about this report visit https://www.researchandmarkets.com/r/31mc8v

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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900