Agricultural Drones Market Size, Share Segmented, Applications - Size, Growth, Trends, and Forecasts 2021
Market Highlights
Regional analysis for agricultural drones
market is studied in different geographic regions such as North- America,
Europe, Asia-Pacific and rest of world. North America has acquired the largest
market share in agricultural drones market due to growth in use of drones in
California vineyard for making better wine. Europe is the second largest region
leading which is driven by crop spraying methods which has led to precise and
accurate spraying of pesticides and chemicals on slopes. Asia-Pacific region
drives India in boosting its agricultural sector under the mission ‘Make in
India’ which increases the need of agricultural drones in market.
The agricultural drones market is growing
rapidly over 27% of CAGR and is expected to reach at USD ~4.3 billion by the
end of forecast period.
Agricultural Drones Market Segmentation
Agricultural drones market is segmented on
the basis of component and application .The component segment consists of
hardware and software sub-segments. The hardware segment includes fixed-wing,
rotary blade and hybrid. The software segment includes data management, imaging
software and data analysis. The application segment consists of field mapping,
crop scouting, variable rate application, crop spraying, livestock and
agricultural photography. By component segment, rotary blade drones are faster
to set up in the field and can take off and land easily. These drones are easy
to operate and have ability to fly more precisely in conditions where the turns
are sharp. These drones are easy to operate for inexperienced users to make
drones take off and land easily.
Key Players:
The prominent players in the agricultural drones market are- Yamaha Motor
Company (Japan), Da-Jiang Innovations Science & Technology Corporation Ltd
(China), Aero Vironment Inc. (U.S.), Avular Bv (Netherlands), Resson Aerospace
Corporation (Canada), Effidence (France), Aeryon Labs (Canada), 3D Robotics
(California), Draganfly Innovations (Canada), Precisionhawk (U.S.) and Blue Sky
Agro (India), among others.
Market Research Analysis:
Agricultural drones market is expected to revolutionize the
future of the world in the forecast period.
These drones are used in precision agriculture which carry
out optimization of treatments done on crops by reducing the use of fertilizers
to half percent. The advantages of using drones is that it reduces water
consumption, labor and material costs and provides up-to-date information about
the processes carried out and field status.
Regional analysis for agricultural drones market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America market is identified as fastest growing market in order to make smarter decisions in production of crops such as where to harvest, which plants need more nutrients, which areas need more water and which need less. Europe is dominating the market for the use of agricultural drones due to the awareness among farmers to attend agricultural shows that help them realize the GPS devices installed in tractors to carry out target crop treatments with precision and accuracy.
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