Million Insights
Market Research Released A New Research Report On Global Agriculture Drones
Market - Forecast Up To 2025. Report Provide Overview Of Top Key Players, Share
Analysis, Size, Stake, Progress, Trends And Their Strategic Profiling In The
Market, Comprehensively Analyzing Their Core Competencies, And Drawing A
Competitive Landscape For The Market.
Pune, India: Oct. 28,
2019 - Agriculture Drones Market is use of
drones in farming that helps farmers to monitor crop growth and increase crop
production. In 2015, the agriculture drone market was valued at USD 193.4
million globally. Agriculture drones are used for collecting high-quality data
and its data processing tools are less expensive and easy to use. The use of
advance technologies and its increasing awareness among farmers will propel the
growth of market.
The advantages such as efficient water usage, fertilizers
and land, better productivity will drive the market of Agriculture drones. The
various capabilities such as imaging capabilities, sensors, and better
materials will lift the market.
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visit @ https://www.millioninsights.com/industry-reports/agriculture-drones-market/request-sample
The market share of Hybrid drones is expected to be highest
by 2022. The drones takes snapshot of different sectors of field that provides
crucial and important data regarding crop, soil and yields in order to assist
in crop management. Agriculture drones are emerging as a lucrative sector due
to its small size, low cost and easy use.
The UAV-based start-ups are booming due to its application
in wide areas. The start-ups are focusing on providing hardware and software
and services that will cover about 80% of market. The Universities, technical
institute and different organizations are organizing various programs to
provide guidance for operating UAV’s, which is expected to propel market.
Government regulation and lack of trained pilot in some regions may act as
barrier to market growth.
The capability of hybrid UAV’s such as covering long
distance will help them to grow with a CAGR of 40% from 2016 to 2024. Compared
to manned aircraft, the UAV’s are capable to monitor field areas with ease which
will have positive impact on market growth.
Asia Pacific agriculture drone industry will have a
compelling growth among different regions over the forecast period. The
emerging economies in these regions are constantly investing in R&D to make
efficient and advanced drones. Different companies are developing economical
and efficient UAV’s that has vast applications in farming sector.
The North American region will dominate the agriculture
drone industry. The emerging need to increase productivity and trends of
implementing UAV’s is anticipated to influence market growth. The need of
precision farming has led farmers to use UAV’s in farming.
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Report visit @ https://www.millioninsights.com/industry-reports/agriculture-drones-market
Market Segment:
Product Outlook (Transaction Revenue, USD Billion, 2014 - 2024)
• Fixed wing
•
Rotary blade
• Hybrid
Application Outlook (Transaction Revenue, USD Billion, 2014 - 2024)
• Field mapping
• Variable rate application
• Crop scouting
• Others
Regional Outlook (Transaction Revenue, USD Billion, 2014 - 2024)
• North America
• Europe
• Asia Pacific
• Latin America
• MEA
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