South Korea Agriculture Drone Market Overview
According to SPER Market Research, the France South Korea Agriculture Drone Market is estimated to reach USD XX billion by 2033 with a CAGR 12.78%.
An unmanned aerial vehicle that is remotely controlled and designed for carrying out various agricultural tasks such as monitoring crop growth, optimizing yield, and gathering data on crop health, growth phases, and soil variations is known as an agriculture drone. By utilizing multispectral sensors, these drones are capable of capturing electromagnetic radiations, including near-infrared and short-wave infrared, to perform their duties.
Exploring the Growth Drivers of the South Korea Agriculture Drone Market
Study indicate that the world's population will reach 9.7 billion by 2050, leading to a 70% increase in agricultural production between 2010 and 2050. This surge in demand for food, coupled with a growing population, has led to a rise in the adoption of precision agriculture techniques and technologies such as drones, which are gaining popularity across the globe. Unforeseen changes in weather patterns around the world are presenting new challenges for the agricultural industry, which is driving market demand for innovative technologies like agriculture drones to enhance crop production and operational efficiency. Furthermore, the aerial perspective provided by drone technology can reveal various issues such as soil variations, drainage problems, and fungal infections, which are used in agriculture to inspect crops and quickly identify issues. As a result, the agriculture drone market is expected to experience growth due to these factors.
What challenges does the South Korea Agriculture Drone Market face?
The agriculture drone market faces several challenges, including regulatory issues related to airspace regulations and privacy concerns. Flying drones in agricultural areas requires adherence to strict regulations, including obtaining permits, licenses, and certifications. Privacy concerns also arise when drones are used for surveillance and data collection, leading to potential legal and ethical issues. Another challenge for the agriculture drone market is the high cost of drone technology, which can make it difficult for smaller farmers to afford. Maintenance and repair costs can also be high, making it challenging for farmers to maintain and operate their drones effectively. Additionally, weather conditions can affect the ability of drones to fly and collect data, making it difficult to use them in adverse weather conditions. Finally, technological limitations such as battery life and limited range can also hinder the widespread adoption of agriculture drones.
In what ways has the COVID-19 pandemic affected South Korea Agriculture Drone Market?
The COVID-19 pandemic has had a negative impact on several industries, including agriculture, leading to a decline in demand for agricultural equipment and tools in recent years. The pandemic has also affected farmers' morale worldwide, and due to the prolonged dip in food crop prices, their expectations for using agricultural drones have decreased. However, there is currently an increasing need for digitalization and automation in every industry, including agriculture. As the economy returns to normalcy following the pandemic slowdown, the drone industry is expected to gain momentum.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Offering, By Component, By Application, By Robot Type, By technology, By Payload Capacity, By End users, By Coverage Distance
|
| Regions covered | Gangwon, Gyeonggi, North Chungcheong, North Gyeongsang, North Jeolla, South Chungcheong, South Gyeongsang, South Jeolla
|
| Companies Covered | SZ DJI Technology Co., Ltd, Preneu Co. Ltd., Helsel Co., Ltd, GiantDrone Co., Ltd., UconSystem Co., Ltd., XAG Co., Ltd, Others
|
Key Target Audience:
- Farmers
- Agronomists
- Agricultural Researchers
- Other Professionals
South Korea Agriculture Drone Market Segmentation:
1. By Offering:
- South Korea Agriculture Drone Market Value Share and Forecast, By Offering, 2023-2033
- Hardware
- Software
- Others
2. By Component:
- South Korea Agriculture Drone Market Value Share and Forecast, By Component, 2023-2033
- Battery
- Camera System
- Controller System
- Frame
- Navigation System
- Propulsion System
3. By Application:
- South Korea Agriculture Drone Market Value Share and Forecast, By Application, 2023-2033
- Aerial Imaging
- Agriculture Photography
- Crop Scouting
- Crop Spraying
- Dairy Farm Management
- Field Mapping
4. By Robot Type:
- South Korea Agriculture Drone Market Value Share and Forecast, By Robot Type, 2023-2033
- Crop Harvesting Robots
- Milking Robots
- Weeding Robots
5. By Region:
- Gangwon
- Gyeonggi
- North Chungcheong
- North Gyeongsang
- North Jeolla
- South Chungcheong
- South Gyeongsang
- South Jeolla
Key Topics Covered in the Report:
- South Korea Agriculture Drone Market Size (FY’2023-FY’2033)
- Overview of South Korea Agriculture Drone Market
- Segmentation of South Korea Agriculture Drone Market By Offering (Hardware, Software, Services)
- Segmentation of South Korea Agriculture Drone Market By Component (Frame, Camera System, Controller System, Battery, Propulsion System, Navigation System, others)
- Segmentation of South Korea Agriculture Drone Market By Application (Precision Farming, Livestock Monitoring, Variable Rate Application, Crop Scouting, Field Mapping, Agriculture Photography, Precision Fish Farming, Smart Greenhouse, Dairy Farm Management, Inventory Management, Harvesting and Picking, Crop Spraying, Surveying and Mapping, Soil and Filed Analysis, Planting and Seeding, Irrigation, Aerial Imaging)
- Segmentation of South Korea Agriculture Drone Market By Robot Type (Crop Harvesting Robots, Weeding Robots, Milking Robots, Others)
- Segmentation of South Korea Agriculture Drone Market By Technology (Manual and Autonomous)
- Segmentation of South Korea Agriculture Drone Market By Payload Capacity (Below 5Kg, 5-10 Kg, 15-20 Kg, Above 20 Kg)
- Segmentation of South Korea Agriculture Drone Market By End Users (Consumers/ Civil, Commercial)
- Segmentation of South Korea Agriculture Drone Market By Coverage Distance (Below 3 Km, 3-6 Km, 6-9 Km, Above 9 Km)
- Statistical Snap of South Korea Agriculture Drone Market
- Growth Analysis of South Korea Agriculture Drone Market
- Problems and Challenges in South Korea Agriculture Drone Market
- Competitive Landscape in the South Korea Agriculture Drone Market
- Impact of COVID-19 and Demonetization on South Korea Agriculture Drone Market
- Details on Recent Investment in South Korea Agriculture Drone Market
- Competitive Analysis of South Korea Agriculture Drone Market
- Key Players in the South Korea Agriculture Drone Market
- SWOT Analysis of South Korea Agriculture Drone Market
- South Korea Agriculture Drone Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the South Korea Agriculture Drone Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. South Korea Agriculture Drone Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in South Korea Agriculture Drone Market
7. South Korea Agriculture Drone Market, By Offering (USD Million)
7.1. South Korea Agriculture Drone Market Value Share and Forecast, By Offering, 2023-2033
7.2. Hardware
7.2.1. Fixed Wiring Drones
7.2.2. Hybrid Drones
7.2.3. Rotary Blade Drones
7.3. Software
7.3.1. Data Analytics Software
7.3.2. Data Management Software
7.3.3. Imaging Software
7.3.4. Others
7.4. Services
8. South Korea Agriculture Drone Market, By Component (USD Million)
8.1. South Korea Agriculture Drone Market Value Share and Forecast, By Component, 2023-2033
8.2. Battery
8.3. Camera System
8.4. Controller System
8.5. Frame
8.6. Navigation System
8.7. Propulsion System
8.8. Others
9. South Korea Agriculture Drone Market, By Application (USD Million)
9.1. South Korea Agriculture Drone Market Value Share and Forecast, By Application, 2023-2033
9.2. Aerial Imaging
9.3. Agriculture Photography
9.4. Crop Scouting
9.5. Crop Spraying
9.6. Dairy Farm Management
9.7. Field Mapping
9.8. Harvesting and Picking
9.9. Inventory Management
9.10. Irrigation
9.11. Livestock Monitoring
9.12. Planting and Seeding
9.13. Precision Farming
9.14. Precision Fish Farming
9.15. Smart Greenhouse
9.16. Soil and Field Analysis
9.17. Surveying and Mapping
9.18. Variable Rate Application
10. South Korea Agriculture Drone Market, By Robot Type (USD Million)
10.1. South Korea Agriculture Drone Market Value Share and Forecast, By Robot Type, 2023-2033
10.2. Crop Harvesting Robots
10.3. Milking Robots
10.4. Weeding Robots
10.5. Others
11. South Korea Agriculture Drone Market, By Technology (USD Million)
11.1. South Korea Agriculture Drone Market Value Share and Forecast, By Technology, 2023-2033
11.2. Manual
11.3. Autonomous
12. South Korea Agriculture Drone Market, By Payload Capacity (USD Million)
12.1. South Korea Agriculture Drone Market Value Share and Forecast, By Payload Capacity, 2023-2033
12.2. Below 5 Kg
12.3. 5-10 Kg
12.4. 15-20 Kg
12.5. Above 20 Kg
13. South Korea Agriculture Drone Market, By End User (USD Million)
13.1. South Korea Agriculture Drone Market Value Share and Forecast, By End User, 2023-2033
13.2. Consumers/ Civil
13.3. Commercial
14. South Korea Agriculture Drone Market, By Coverage Distance (USD Million)
14.1. South Korea Agriculture Drone Market Value Share and Forecast, By Coverage Distance, 2023-2033
14.2. Below 3 Km
14.3. 6-9 Km
14.4. Above 9 Km
15. South Korea Agriculture Drone Market Forecast, 2019-2033 (USD Million)
15.1. South Korea Agriculture Drone Market Size and Market Share
16. South Korea Agriculture Drone Market, By Offering, 2019-2023 (USD Million)
16.1. South Korea Agriculture Drone Market Size and Market Share by Offering (2019-2026)
16.2. South Korea Agriculture Drone Market Size and Market Share by Offering (2027-2033)
17. South Korea Agriculture Drone Market, By Component, 2019-2023 (USD Million)
17.1. South Korea Agriculture Drone Market Size and Market Share by Component (2019-2026)
17.2. South Korea Agriculture Drone Market Size and Market Share by Component (2027-2033)
18. South Korea Agriculture Drone Market, By Application, 2019-2023 (USD Million)
18.1. South Korea Agriculture Drone Market Size and Market Share by Application (2019-2026)
18.2. South Korea Agriculture Drone Market Size and Market Share by Application (2027-2033)
19. South Korea Agriculture Drone Market, By Robot Type, 2019-2023 (USD Million)
19.1. South Korea Agriculture Drone Market Size and Market Share by Robot Type (2019-2026)
19.2. South Korea Agriculture Drone Market Size and Market Share by Robot Type (2027-2033)
20. South Korea Agriculture Drone Market, By Technology, 2019-2023 (USD Million)
20.1. South Korea Agriculture Drone Market Size and Market Share by Technology (2019-2026)
20.2. South Korea Agriculture Drone Market Size and Market Share by Technology (2027-2033)
21. South Korea Agriculture Drone Market, By Payload Capacity, 2019-2023 (USD Million)
21.1. South Korea Agriculture Drone Market Size and Market Share by Payload Capacity (2019-2026)
21.2. South Korea Agriculture Drone Market Size and Market Share by Payload Capacity (2027-2033)
22. South Korea Agriculture Drone Market, By End Users, 2019-2023 (USD Million)
22.1. South Korea Agriculture Drone Market Size and Market Share by End Users (2019-2026)
22.2. South Korea Agriculture Drone Market Size and Market Share by End Users (2027-2033)
23. South Korea Agriculture Drone Market, By Coverage Distance, 2019-2023 (USD Million)
23.1. South Korea Agriculture Drone Market Size and Market Share by Coverage Distance (2019-2026)
23.2. South Korea Agriculture Drone Market Size and Market Share by Coverage Distance (2027-2033)
24. South Korea Agriculture Drone Market, By Region, 2019-2023 (USD Million)
24.1. South Korea Agriculture Drone Market Size and Market Share by Region (2019-2026)
24.2. South Korea Agriculture Drone Market Size and Market Share by Region (2027-2033)
24.3. Gangwon
24.4. Gyeonggi
24.5. North Chungcheong
24.6. North Gyeongsang
24.7. North Jeolla
24.8. South Chungcheong
24.9. South Gyeongsang
24.10. South Jeolla
25. Company Profile
25.1. Giant Drone Co., Ltd
25.1.1. Company details
25.1.2. Financial outlook
25.1.3. Product summary
25.1.4. Recent developments
25.2. Helsel Co., Ltd
25.2.1. Company details
25.2.2. Financial outlook
25.2.3. Product summary
25.2.4. Recent developments
25.3. Preneu Co. Ltd.
25.3.1. Company details
25.3.2. Financial outlook
25.3.3. Product summary
25.3.4. Recent developments
25.4. SZ DJI Technology Co., Ltd
25.4.1. Company details
25.4.2. Financial outlook
25.4.3. Product summary
25.4.4. Recent developments
25.5. UconSystem Co., Ltd.
25.5.1. Company details
25.5.2. Financial outlook
25.5.3. Product summary
25.5.4. Recent developments
25.6. XAG Co., Ltd
25.6.1. Company details
25.6.2. Financial outlook
25.6.3. Product summary
25.6.4. Recent developments
25.7. Others
26. List of Abbreviations
27. Reference Links
28. Conclusion
29. Research Scope