Agricultural Drones Market Analysis - Global Industry Size, Share, Trends and Forecast, 2014 - 2024

Category : Agriculture | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC203

Agricultural drones are on the verge of taking the place of workhorses in farm fields. With increasing focus on crop productivity in the farming sector, agricultural drones can act as key beneficial objects to achieve precise control of farm operations and monitoring as well as improved automation. Robots are already transforming the way of agriculture sector functioning. The advent of agricultural drones can take that change to a whole next level. Companies are quickly spotting the opportunities in the agricultural drone market and have lined up a variety of agricultural drones designed for specific tasks such as for those farmers who are looking to adopt advanced technology in their farming practices.
The agricultural drones market has boarded flight with manufacturers such as GoPro which announced the launch of agricultural drones in 2016. Several other e-commerce websites including eBay and Amazon have started supply of commercial drones and are projected to expand their product portfolio by including agricultural drones in the foreseeable months. Aerial drones are expected to account for a significant revenue generation in the global agricultural drone market. There are numerous applications of agricultural drones in a farm, some of which include improving the overall status quo. For instance, agricultural drones can be deployed for thermal imaging mechanisms to identify the patches which require more water or pesticides in a farm by furnishing exact information of specific sections of the farm which have distressed crops. Agricultural drones installed with infrared cameras can be used by farmers to determine the time whether the farm is ready to harvest crops. Opportunities are just beginning to emerge in the global agricultural drones market and will only expand over the next decade. The use of drones is analyzed to increase the ability to monitor weather and farm conditions as per the reach of an average farmer, thereby propelling the confidence of stakeholders in the agricultural sector worldwide.
In developing countries such as China and India where farming and agriculture forms the backbone of the economy, various opportunities can be identified in the areas including insecticide and pesticide spraying, mapping, pest control, seeding, remote sensing and thermal imaging. Besides drones ushering in the field of digital farming, agricultural drones are expected to create huge sales and service market. The need for applications and software specifically designed for the agricultural sector is, in turn, anticipated to provide bright opportunities in the agriculture sector.
The global agricultural drones market can be segmented on the basis of type, component, application and geography. On the basis of type, the global agricultural drones market can be segmented into hardware (fixed wing, rotary blade and hybrid) and software (data management, imaging software, data analysis and others). On the basis of component, the global agricultural drones market can be segmented into propulsion systems, frames, controller systems, camera systems (thermal cameras, multispectral cameras, LIDAR cameras, IR cameras and high resolution cameras), navigation systems (global positioning systems, geographic information systems), batteries and others (wires, connectors, power systems, carry cases, remote controls, sprayers, and sprinklers etc.). On the basis of application, the global agricultural drones market can be segmented into field mapping (weed detection, plant counting, crop health monitoring and others), variable rate application, crop scouting, crop spraying, livestock, agriculture photography and others. Geographically, the global agricultural drones market can be segmented into North America, Latin America, Europe, Middle East & Africa and Asia-Pacific.
Some of the leading players involved in developing agricultural drones include DJI, Trimble Navigation Ltd., Agribotix, Autocopter Corp., Eagle UAV Services, URSULA Agriculture, Honeycomb Corp., Drone Deploy, AgEagle Aerial Systems Inc., Parrot SA, Yamaha Motor, Delair Tech, AeroVironment Inc., Precision Hawk and 3DR among others.

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