Agricultural Drones Market Research Report

 

According to GMI Research’s latest report, the global agriculture drone market is anticipated to grow at a robust CAGR of 24.7% from 2020-2027. Increasing venture capital financing for the development of agriculture drones and easy accessibility of the data analytics are the key factors driving the global agricultural drones market.

Introduction of the Agricultural Drones Market:

An agriculture drone refers to an unmanned aerial vehicle (UAV) that is used in farming practices to monitor crop growth and raise crop protection. The key components of agriculture drones include controller systems, frames, propulsion systems, navigation systems, camera systems, and batteries. The agriculture drone helps in capturing high-resolution images, which is useful for data management and analysis. Agriculture drones help track crop conditions, reduce pest infestation, chances, and lower the chances of irrigation leakage. The agriculture drones can be used in a large range of applications such as nursery management, weed management, precision agriculture, livestock monitoring, and many more.

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Agricultural Drones Market Dynamics

The rising burden on the global food supply owing to the growing world population, increasing venture capital financing for the development of agriculture drones, and easy accessibility of the data analytics as well as software solutions for conducting field survey activities are some of the factors surging the growth of the agricultural drones market. Moreover, growing awareness of the precision agriculture technique, coupled with the integration of drone-based aerial intelligence into farming practices that decrease inputs and intensify crop yield, which will fuel the growth of the global agriculture drones market in the upcoming years. Rising usage of big data analytics and software solutions for agricultural field surveys and monitoring pest as well as disease infestation and increasing adoption of the aerial data collection tools in agriculture to predict soil conditions will enhance the demand for global agriculture drones in the upcoming years. On the other hand, rising concerns about data security regarding the civil and commercial application of drones and air-traffic management of commercial drones will hamper the growth of the global agriculture drones market.

Based on the region, North America is expected to dominate the market during the forecast period owing to favorable government initiatives such as the exemption from the Federal Aviation Administration (FAA) under the part 107 rule, which has raised the adoption rate of agricultural drones. Moreover, this is attracting many investments by venture capitalists in the agriculture drones market.

Leading Agricultural Drones Companies:

·        SZ DJI Technology Co., Ltd.

·        PrecisionHawk

·        Delair

·        Parrot Drones SAS

·        AeroVironment, Inc.

·        AgEagle Aerial Systems Inc.

·        Sentera, Inc.

·        Yamaha Motor Co., Ltd.

·        Wingtra AG

·        Pix4D SA

Agricultural Drones Market Segmentation:

Global Agricultural Drones Market Report Segment by Offering:

·        Hardware

o    Fixed Wing Drones

o      Rotary Blade Drones

o    Hybrid Drones

·        Software and Services

o    Data Management Software

o    Imaging Software

o    Data Analytics Software

o    Others

Global Agricultural Drones Market Report Segment by Component:

·        Frames

·        Controller Systems

·        Propulsion Systems

·        Camera Systems

o    Multispectral Cameras

o    IR Cameras

o    Thermal Cameras

o    Lidar Cameras

o    Others

·        Navigation Systems

o   Global Positioning System (GPS)

o   Geographic Information System (GIS)

·        Batteries

·        Others

Global Agricultural Drones Market Report Segment by Mode of Operation:

·        Remotely Operated Agriculture Drones

·        Semi-Autonomous Agriculture Drones

·        Fully-Autonomous Agriculture Drones

Global Agricultural Drones Market Report Segment by Range:

·        Visual Line of Sight (VLOS)

·        Extended Visual Line of Sight (EVLOS)

·        Beyond the Visual Line of Sight (BVLOS)

Global Agricultural Drones Market Report Segment by Application:

·        Precision Agriculture

o    Field Mapping

§   Weed Detection

§   Plant Counting

§   Crop Health Monitoring

§   Harvest Season Monitoring

§   Others

o    Variable Rate Application

o    Crop Scouting

o    Crop Spraying

o    Others

·        Livestock Monitoring

o    Livestock Behavior and Health Monitoring

·        Precision Fish Farming

o    Fish Tracking & Fleet Navigation

o    Water Quality Management

·        Precision Forestry

o    Genetics and Nurseries

o    Silviculture and Fire Management

o    Harvesting Management

o    Inventory and Logistics Management

·        Smart Greenhouse

·        Others

Global Agricultural Drones Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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