Agricultural Drones Market Rising at 27% CAGR To Cross USD 4.3 Billion By 2022

Agricultural Drones Market Highlights 

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.

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.

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Agricultural Drones Market Regional Analysis

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.

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.

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