- Drone technology enables farmers in Vietnam to monitor crops, detect pest infestations, and assess crop health with unprecedented speed and accuracy, leading to more efficient agricultural practices.
- Drones allow for precise application of fertilisers, pesticides, and other agricultural inputs, reducing waste and minimising environmental impact while optimising crop yields.
- By streamlining operations and reducing the need for manual labour, drone technology helps farmers in Vietnam save on costs associated with labour, fuel, and materials, ultimately improving profitability.
- Adopting drone technology promotes sustainable farming practices by enabling targeted interventions, reducing chemical usage, conserving water resources, and mitigating the environmental footprint of agricultural activities.
The Vietnam Agricultural Drones Market, which was valued at USD 4.84 million in 2021, is forecasted to witness remarkable growth, soaring to USD 18.11 million by 2028, at a Compound Annual Growth Rate (CAGR) of 21.10% over the forecast period.
This meteoric rise can be attributed to the country’s status as Southeast Asia’s second-largest agricultural sector and one of the world’s top 5 rice producers.
Technological advancements in agriculture and the numerous benefits offered by agricultural drones are driving the market’s rapid expansion.
Vietnam boasts a robust agricultural sector and is recognised as one of the top 5 rice producers globally. Also, the country ranks among the top 3 rice exporters.
In 2018, the government of Vietnam set ambitious goals, aiming to become one of the 15 most highly developed agricultural nations worldwide. This initiative provided a substantial push for mechanising the country’s agricultural sector.
Among the innovative technologies that garnered attention from the Ministry of Agriculture and Rural Development of Vietnam is the use of agricultural drones.
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These drones not only enhance agricultural productivity and reduce costs but, more importantly, contribute to environmental protection and improve the quality of farmers’ lives.
Despite these advancements, the agricultural sector in Vietnam faces significant challenges. According to the World Bank, the percentage of employment in agriculture dropped from 48.7% in 2010 to 36.23% in 2020, reflecting a shortage of labour supply.
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Industrialisation in Vietnam has lured many young individuals away from agricultural fields, seeking more stable income sources in or around urban areas.
Urbanisation and rising fertiliser prices have further exacerbated the challenges, leading some farmers to reduce the scale of rice farming.
However, innovative solutions, such as the adoption of agricultural drones, are becoming increasingly popular among young farmers looking to maximise crop yields and manage costs effectively.
The agricultural drone market in Vietnam is moving for significant growth, driven by technological advancements in unmanned systems. Leading agricultural drone service provider XAG has introduced its large-capacity agricultural drone, P100, in Vietnam.
This innovative product supports the transformation of farming into a more productive and sustainable mode.
Moreover, ongoing digitisation and technological developments in cameras, drone specifications, mapping software, multidimensional mapping, and sensory applications are expected to propel the agricultural drone market’s growth in Vietnam during the projection period.
Vietnam’s agricultural drone market is on an upward trajectory, driven by the nation’s vital agricultural sector, technological advancements, and a commitment to enhancing agricultural productivity while addressing challenges and regulatory concerns.
