The increasing support
from the government towards technological advancement, growing awareness about
precision farming, and the demand to enhance crop yielding are the most effective
factors that are booming the agricultural drones market. Owing to these
factors, the global agricultural drones market was valued to be $9.8 billion in
2018. The demand for agricultural drones will rise at a healthy compound annual
growth rate (CAGR) of 8.20% during the forecast period of 2019 to 2025,
according to a market intelligence report by IndustryARC’s analyst.
The report is titled
“Agricultural Drones Market: By Type (Fixed Wings, Rotary Wings, Hybrid Wings
and Software type); By Components (Flight Controllers, Propulsion Systems,
Camera System, Batteries and GPS); By Battery Life ( 30 Min, 30-60 Min, 60-100
Min and 100 Min); By Applications (Crop Analysis, Field Mapping, Agricultural
Photography); By Geography – Forecast (2019 - 2025).” The report also states
that drones are capable of collecting data which makes it easier to assess the
requirement of water during the cultivation stage in farming.
Global
Agricultural Drones Market: Leading Segments
North America accords for
the largest dominance in the global agricultural drones market with the
regional market share of 43% in 2018. The countries in North America are
constantly investing ample money for R&D in order to enhance the adoption
of agriculture drones. Furthermore, the United States has also increased its
venture funding and has started to contribute towards industrial development.
They are also spending money to render the UAV manufacturers in the region. In
the agricultural field, many companies are also spending to develop efficient
and economical UAV’s applications in order to boost the farm efficiency.
According to the
application analysis in the report, the key application segment is found to be
crop scouting. Crop scouting is prevalently used as it helps in identifying the
variability of the crop in the global agriculture market. The application is
expected to grow at a healthy CAGR of 8.70% through to 2025.
Global
Agricultural Drones Market: Market Trends and Growth Drivers
·
DJI
Technology
With the usage of DJI
technology, the farmers are now being able to evaluate their crops at a
specified scale and simultaneously create crop maps that eventually help them
to manage crops and save time.
·
3D
Robotics
The agricultural drones
have made the life of the farmers relatively easier. The 3D robotics used in
agricultural drones provides them with advanced sensors and imaging features
which give them new ways to yield their crops and reduce the crop damage. For
instance, Kunde’s drones fly across the farms and control the camera for better
pictures that can be optimized later to acquire more insights about the crops.
·
Artificial
Technology and Machine Learning
Agriculture sector is now
a part of the fourth industrial revolution. Artificial intelligence and machine
learning will reap more revenues in the agricultural drones market. They help
the farmers in continually tweaking the crops to boost yields. It also helps
the farmers in forecasting the year ahead about the weather conditions, and
subsequently take proactive actions in order to reduce the crop losses.
·
IoT
on Individual Farms
Farmers use IoT for
customized recommendations. It has been developed for end-to-end IoT drones
that increase the productivity and profitability of farms. IoT drones also
leverage the algorithm of wind patterns. This has created huge demand for
agricultural drones in the market.
Global
Agricultural Drones Market: Competitive Landscape
Some of the key companies
identified in the report that are currently holding majority shares in the
global agricultural drones market are AeroVironment, Inc., 3D Robotics, SZ
DJI Technology Co., Ltd., Aeronavics Ltd, Delair, PrecisionHawk, ZEROTECH,
Microdrones, and Ascending technologies (Intel).
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/reports/request-quote?id=15384
Related Reports:
Small Drones Market
https://www.industryarc.com/Report/15083/small-drones-market.html
What can you expect from
the report?
The
agricultural drones market report is prepared with the main
agenda to cover the following 20 points:
1. Market Size by Product
Categories &
Application 11.
Demand Analysis (Revenue
& Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
Frequently Asked
Questions:
Q. Does IndustryARC
publish country or application based reports in the agricultural drones market
segment?
Answer: Yes, we do have
separate reports as mentioned below:
1. Iran Agricultural
Drone Market
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can
customize the report by extracting data from our database of reports and annual
subscription databases. We can provide the following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number of
countries in geography chapter.
3. Find out market shares
for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to
discuss more about our consulting services.
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proposal, provide your details in the below link:
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IndustryARC: IndustryARC is a Research and Consulting Firm that publishes
more than 500 reports annually, in various industries such as Agriculture,
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