The GMI Research projects that the Agriculture Drones Market is experiencing significant growth over the forecast period. This is mainly because of the swift technological modernizations, their potential to reduce labor requirements, escalation in digital architecture, and distant interpretation.
Introduction of the Agriculture Drones Market
An agriculture drone refers to an unmanned aerial vehicle (UAV) primarily employed in farming practices to administer crop growth and safeguard crops. Their prime components include a camera, frames, propulsion, controller, navigation systems, and batteries. Further, they assist in supervising crop conditions by optimizing chances of irrigation leakage.
Key Players of Market:
- Delair
- SZ DJI Technology Co., Ltd.
- Pix4D SA
- PrecisionHawk
- AeroVironment, Inc.
- AgEagle Aerial Systems Inc.
- Wingtra AG
- Parrot Drones SAS
- Sentera, Inc.
- Yamaha Motor Co., Ltd.
Agriculture Drones Market Dynamics
The factors impelling the growth of the global agriculture drones market include the growing concern of food supply as a supply of soaring world population, aggravating project financing to develop agriculture drones, and convenient availability of data analytics and software solutions to conduct field survey activities. Furthermore, the intensifying consciousness of the precision agriculture techniques and incorporation of drone-based aerial intelligence into farming practices to decrease inputs and maximize crop yield are impelling the market growth. Besides this, the implementation of big data analytics and software solutions to control agricultural field surveys and supervise pests as well as disease invasion and the endorsement of the aerial data accumulation equipment in agriculture to forecast soil conditions will raise the market growth. However, the surging agitation about data security concerned with the domestic and commercial application and management of mercantile drones is restraining the agriculture drones market size.
Offering Segment Drivers
Based on the offering, the market is subdivided into hardware and software, and services. Amongst which, the software and services are contemplated to seize the market with the highest share over the forecast period. This is because of the accelerating investments made by the venture investors in the start-up companies’ specialist in the execution of analytics software capable of digitizing the information accumulated by drones, thereby proliferating the global agriculture drones market size.
Component Segment Drivers
Based on the component, camera systems are expected to lead the market in the near future. This is owing to the growing modification of aerial imagery data into productive insights by incorporation of the cameras and sensors primarily in the precision agricultural uses which is paving the way for agriculture drones market opportunities.
Agriculture Drones Market Segmentation:
Segmentation by Offering
- Hardware
- Fixed Wing Drones
- Rotary Blade Drones
- Hybrid Drones
- Software and Services
- Data Management Software
- Imaging Software
- Data Analytics Software
- Others
Segmentation by Component
- Frames
- Controller Systems
- Propulsion Systems
- Camera Systems
- Multispectral Cameras
- IR Cameras
- Thermal Cameras
- Lidar Cameras
- Others
- Navigation Systems
- Global Positioning System (GPS)
- Geographic Information System (GIS)
- Batteries
- Others
Segmentation by Mode of Operation
- Remotely Operated Agriculture Drones
- Semi-Autonomous Agriculture Drones
- Fully-Autonomous Agriculture Drones
Segmentation by Market by Range
- Visual Line of Sight (VLOS)
- Extended Visual Line of Sight (EVLOS)
- Beyond Line of Sight (BLOS)
Segmentation by Region:
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- RoW
- UAE
- Brazil
- South Africa
- Saudi Arabia
About GMI Research
GMI Research proffers business discernment and market research reports to assist the clients understand the effect of several dynamics. Our team of experts carry out market intelligence studies to certify fact-based research reaches across every business company. We gather to the point information to abridge our clients with challenges approaching in different industries. We provide by fits and starts assistance to our client via consulting services to attain an actionable decision.
