15th Jan 2020 – Global Agricultural Drones Market is forecasted to grow at a CAGR of 33.28% in the coming years due to increasing awareness of precision farming. Agricultural drones are specially used in farming for improving crop production. They are inbuilt with digital imaging features and sensors that capture pictures of the crop. They monitor the crops efficiently and improve overall farming efficiency. With the help of birds’-eye view offered, agricultural drones commendably reveal issues like soil variation, irrigation problems, fungal and pest infestations.
Market is driven by factors like increasing need for improving crop production, rising government initiatives for use of enhanced technologies for farming, and increase in demand from farmers of developed economies. Moreover, increasing use of agricultural drones by economies around the globe are also driving the market growth. However, lack of awareness among consumers of use of drones in farming, lack of training for the efficient use of drones, and slow adoption of technologies in drones is hampering the growth of agricultural drones market.
The advent of modern agricultural drones is one of the major trends witnessed by agricultural drone market. Different technologies like automatic milking systems, driverless operation, and drone crop dusters, among others are expected to offer opportunities in the market.
Agriculture drones market is categorized on the basis of type, application and geography. On the basis of type, market is divided into multi-rotor (quad copter), fixed-wing, and hybrid drones. Fixed wing drones segment is expected to grow at a faster rate owing to the benefits like coverage of larger area, longer autonomy of flight and improved photographic result.
In terms of application, market is divided into crop scouting, spraying, field mapping and others. Spraying segment is projected to hold larger share of the market owing to the increasing use of drones for spraying different fertilizers, liquid pesticides, and herbicides on the land.
The leading players profiled in agricultural drones market comprise Agribotix LLC, AeroVironment, AgEagle LLC, Parrot SA, AGCO Corp, DJI, Eagle UAV Services, 3D Robotics Inc., Precisionhawk, Honey Comb Corp, Trimble Navigation Limited, and Sentera LLC.
Agricultural Drones Breakdown Data by Type
- Fixed Wing Drones
- Multi Rotor Drones
- Hybrid Drones
- Other Multi Rotor Drones (Micro Drones)
Agricultural Drones Breakdown Data by Application
- Field Mapping
- Crop Spraying
- Crop Scouting