Published on 27 Jun 2019:

Meticulous Research® – leading global market research company is researching on agriculture drones market titled Agriculture Drones Market by Drone Type (Fixed Wing, Rotary Blade, Hybrid, and Nano Drones), Hardware (Controller, Propulsion, Camera System, GPS), Software (Data Management, Imaging software, Data Analysis, and Others), Application (Field Mapping, Crop Spraying, VRA, Agriculture Photography, Crop Scouting, Livestock Management), End User (Agriculture, Horticulture, Animal Husbandry)- Global Forecast to 2025”.

Precision agriculture is a data driven methodology for managing and optimizing the production of crops. In recent years, agricultural producers have been adopting precision agriculture technologies for a handful of reasons. Precision farming is a farm management approach that uses the information technology, which ensures that the soil as well as the crop receive optimum amount of nutrients needed to maximize the production thereby increasing crop yield. Sensing technologies, software applications, communication systems, data analytics solutions, and positioning technologies are some of the latest technologies used in precision farming. The use of precision agriculture technologies and the adoption of innovations in agriculture are crucial for establishing the production patterns and to mitigate specific risks associated to agriculture, impelling the growth of agricultural drones market.

Hybrid Agriculture Drone is Projected to Witness a Significant Growth over the Projected Period

Based on hardware type, fixed wings are expected to lead the industry over the forecast period, owing to their ability to carry heavy payloads and cover long distances. However, hybrid agriculture drones are anticipated to grow significantly with the highest CAGR during 2019 to 2025, owing to the capability of covering long distances, with hover, over the fields.

Field Mapping Application Segment to Witness the Largest Demand Through 2025

Based on application, field mapping application segment dominated the market in 2018. The advantages, such as increasing yields by monitoring and analysing the crops, are expected to drive the agriculture drones market for field mapping application segment.

North America: Leading Regional Market

Geographically, North America, comprising the U.S. and Canada, commanded the largest share of the global agriculture drones market in 2018 and is expected to dominate the market during the forecast period. The large share of this market is mainly attributed to high adoption rate of advanced agricultural technologies in this region. Additionally, the factors such as increasing awareness towards benefits of precise farming coupled with rising utilization of agricultural drones in farming applications such as crop scouting, seed spraying, and field mapping are also expected to foster the expansion of agricultural drones market in North America region.

Key Players

The key players operating in the global agriculture drones market are AeroVironment Inc., DJI Innovation, Israel Aerospace Industries, Precision Hawk, Parrot SA, Trimble Navigation Ltd., MicroDrones GmbH, 3D Robotics, Aibotix, Ageagle LLC, Agribotix LLC, Dragonfly Innovations, Coptercam, Cyberhawk Innovation Ltd., Precision Drones, and Honeycomb Corporation.

Browse in depth report: https://www.meticulousresearch.com/product/agriculture-drones-market-4986/

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