Agricultural Drones Market is Estimated to Grow by 27% of CAGR by 2022
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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