Seeding Drones Market Size (2024-2030)

According to the report published by Virtue Market Research in Global Seeding Drones Market was valued at USD 1213.60 million and is projected to reach a market size of USD 3958.56 million by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 18.4%.

Industry Overview:

Drone seeding is secure and environmentally friendly. It permits even spreading without compacting the soil or trampled crops. The right seeds need to be planted in order to produce the best crop. This makes utilising a crop seeding drone to scatter seeds across the land absolutely necessary. Farmers may see their farms and fields more clearly by using a range of imaging technologies, such as multispectral, hyperspectral, and thermal imaging. The study and subsequent application of seeding drone data may increase crop yields and agricultural productivity. Additionally, the use of seeding drones in agriculture is growing as a part of a successful strategy for sustainable agricultural management that enables agricultural engineers, agronomists, and farmers to help streamline their operations and gain helpful insights into their crops through robust data analytics.

COVID-19 impact on the Seeding Drones Market:

Globally, the COVID-19 epidemic has expanded at an alarming rate to more than 200 nations. Since its breakout, the coronavirus has killed thousands of individuals and infected millions of people. Due to the stringent limits put in place to stop the spread of the epidemic, these variables have had an impact on the state of the world economy. A global economic recession is probably going to be brought on by the pandemic, which also caused long-term economic harm. However, the epidemic has caused a dramatic increase in the need for many forms of farming machinery, particularly for labor-intensive tasks, in many different countries. However, the seeding drone industry is poised to take off now that economies have stabilised after the pandemic setback. In order to increase agricultural productivity, many agritech companies have created cutting-edge farming technology by concentrating more on wireless platforms like drone technology. These platforms allow for real-time decision making in areas like yield monitoring, field mapping, irrigation scheduling, crop health monitoring, and harvesting management, among other things.

Market Drivers:

Increasing adoption of precision farming is poised to drive the market growth for seeding drones:

The market for seeding drones in relation to precision agriculture will continue to be supported by the agricultural sector's rapid expansion, which is already adopting technological developments into its agricultural practises. As a percentage of the total population, agricultural employment decreased from 27.8% in 2017 to 26.4% in 2020, which has resulted in a growing reliance on precision farming tools like seeding drones. Precision farming and the usage of tools like seeding drones are becoming more widespread due to the growing population and the surplus food needed to meet the rising demands. The potential for seeding drone expansion in agriculture is projected to be substantial in the upcoming years given that the majority of farmers and agriculture companies who use drones possess sizable agricultural fields.

Huge private investments in the field of drones helps to drive the market:

As aresult of global technology breakthroughs and UAVs' low cost, the robust rise of the drone sector over the past several years has drawn considerable attention. A PwC analysis estimates that the $35 billion global agriculture market represents great potential for the drone sector. An rising trend in farm management is precision agriculture, which boosts output in regions with a shortage of cropland. Over the past few years, drone startups have received significant investments from private investment firms and venture capitalists. According to Dronemagazine, private businesses and venture capitalists from all around the world invested almost USD 1.2 billion in the drone market in 2019. Due to technological developments in the UAVS employed in farming operations, these trends are anticipated to persist throughout the coming years. This is then estimated to increase demand for seeding drones globally during the course of the projection period.

Market Restraints:

The Seeding Drones Market's growth is being stifled by the high costs of seeding drones :

Smart technologies are being used by farmers to increase agricultural output in sparsely populated areas. Monitoring soil health, plant health, irrigation, and agricultural scouting are attractive prospects made possible by cutting-edge camera systems and software. UAVS for seeding are high-tech aerial vehicles that can fly for hours over vast agricultural fields. These systems come equipped with a tonne of pricey navigation and other autonomous systems, cutting-edge high-definition cameras, and other features, which raises the final cost of the items. Therefore, the growth of the market over the projection period is likely to be hampered by expensive product attributes

SEEDING DRONES MARKET REPORT COVERAGE:

Market Segments:

This research report on the Seeding Drones Market has been segmented and sub-segmented based on Technology, By Component, By Application and By Region.

Seeding Drones Market- By Component

• Hardware
  • Fixed-wing
  • Rotary Blade
  • Hybrid
• Software
  • Data Management
  • Imaging
  • Data Analytics
  • Other Software

It is anticipated that the rotary blade sub-segment under hardware segment will have a dominating market share in the global market. Furthermore, during the course of the projected period, the rotary blade sub-segment is anticipated to experience the quickest growth. Since they are the simplest to control for direction and elevation, rotary drones are the most popular type. These drones offer the optimal compromise between control, lift, manoeuvrability, and cost.

Seeding Drones Market- By Application

• Crop Monitoring
• Soil & Field Analysis
• Planting & Seeding
• Crop Spray
• Others

During the forecast period, 2023–2030, the planting and seeding sector is estimated to increase at the fastest rate. It dominated the market in 2022. The most important factor in raising farm output is improving soil health with premium fertilisers. To analyse the field conditions, a piece of high-tech camera equipment can use a software system that generates a lot of data.

Seeding Drones Market- By Technology

• Manual
• Autonomous

Autonomous seeding drones are seeding drones with superior ground control systems that employ automatic supervisory techniques to lower the number of operators required to operate the fleet. Nowadays, automated processes are used for many agricultural applications, such as data gathering missions and drone mapping. The sub-segment is also projected to experience impressive growth in the upcoming years thanks to advancements in autonomous technology like automated seeders and autonomous pollination drones that can operate and assess crop health without the need for humans.

Seeding Drones Market- By Region

• North America
• Europe
• Asia-Pacific
• Rest of the World

The biggest and most developed market for the uptake of cutting-edge technologies in agriculture is North America. With the introduction of new, cutting-edge technologies and cutting-edge concepts in the modern age, North America has dominated the market for smart farming.

Due to the rising agricultural sector in countries like China, India, Japan, and South Korea, the Asia Pacific seeding drones market accounted for over 30% of revenue share in 2022. The help of drones is reducing the labor shortage is the reason for growth of seeding drones markets in South Korea and China.

Major Key Players in the Market

1. XAG Co., Ltd.
2. Dendra Systems
3. Marut Dronetech Private Limited
4. DroneSeed
5. Norsk Aeriel Llc.
6. ZenaDrone Inc.
7. Oztech Drones
8. ERIZON® PTY LTD
9. Garuda Aerospace
10. OXO Tech

Market Insights and Developments

• In May 2020, The first-ever rice direct seeding demonstration in history was put on by XAG to show how manual broadcasting and drone seeding compare. The procedure was carried out in Guangdong province's "Happy Farms," one of the biggest modern agricultural parks and a showcase facility for smart agriculture.
• In June 2022, A Seattle-based firm called DroneSeed claims it can start restoring hundreds of acres of burned-out land. After devastating wildfires, DroneSeed employs swarms of drones to reseed forests.