Agriculture Drones Market 2018 – 2026 | Position of Key Vendors Analysis Regional Outlook and Forecast
According to a new report published by Polaris Market Research, the Agriculture Drones Market is anticipated to reach around USD 8,019.8 million by 2026. In 2017, the field mapping segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global market in 2017.
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According to the United States Department of Agriculture, National Agriculture Imagery Program (NAIP) utilizes drones with camera and sensor payloads to develop digital orthophotographs. These images are available to the government agencies and general public for estimation of land usage, crop plantings and yields, and others. In March 2016, Agribotix LLC partnered with Inter-American Institute for Cooperation on Agriculture (IICA) to introduce agriculture drone and data analytics for crop health management and improvement of agriculture production.
The well-known companies profiled in Agriculture Drones Market report: -
- DJI Technology Co. Ltd
- Parrot SA
- Drone Deploy
- Agribotix LLC
- Honeycomb Corporation
- Aerovironment Inc.
- Eagle UAV Services LLC
- 3D Robotics Inc.
- AgEagle Aerial Systems Inc.
- Autocopter Corp
- Ursula Agriculture
These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
There has been an increasing adoption of Agriculture Drones across the world owing to growing agricultural industry, and high-demand for high quality food crops. The growing use of drones for crop health monitoring, weed detection, variable rate application, crop scouting, and livestock management supports the Agriculture Drones Market. The growing population and increasing automation of farm operations further supports market growth.
Agriculture Drones Market is driven by the increasing need to improve the quality of crops produced, maximize crop production, and enhance productivity. Other factors driving the growth of this market include growth in the global agricultural industry, reducing availability of labors, and increasing labor costs. However, safety, security, and privacy concerns restrict the growth of the agricultural drones market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the coming years.
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The different components used in Agriculture Drones include hardware, software, and services. In 2017, the hardware segment accounted for the largest share in the Agriculture Drones Market. The hardware used in agricultural drones include technologically advanced cameras, navigation systems, frames, controllers, propulsion systems, and others. The hardware components are required for capturing information and monitoring of fields and crops.
The increasing population, and growing demand for high quality crops drives the growth of Agriculture Drones Market. Growing cost of labor and increasing automation in agricultural practices further support market growth. Increasing investments and subsidies in the agriculture sector by governments are expected to boost the adoption of drones for increased productivity in farms.
TOC of Agriculture Drones Market:
Chapter 1. Overview and Scope
Chapter 2. Market Summary
Chapter 3. Agriculture Drones Market Size and Forecast
Chapter 4. Dynamics and Segmentation
Chapter 5. Detailed Insight on Key Company
Chapter 6. Research Methodology and Reference
Chapter 7. Competitive Landscape
TOC Continued…...!!!
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polarismarketresearch
on Saturday November 03 2018, 5:15 AM EST.
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