The global Agriculture Drones market is forecasted to be worth USD 9.63 Billion by 2027, according to a current analysis by Emergen Research. Farmers use live video feed so that they can safely inspect the structural systems from the ground. The Revolution of the farming industry, from traditional to digitalization, will augment the demand for software used to design as well as maintain drones, especially in developing nations like India and China. On June 5, 2019, Amazon announced the release of its latest hybrid drone, which uses a combination of depth cameras, thermal cameras, and sonar to detect any hazards. Certain factors such as a high level of awareness regarding agricultural drones, advancements in farming technology, and investments into venture funding, which boosts productivity.The rising demand for the Agriculture Drones products is expected to drive the demand for Agriculture Drones there by bolstering the growth of the industry. The rapid demand for food due to the growing population and technological advancement is driving the market. Agriculture Drones Market Size – USD 873.9 Million in 2019, Market Growth - CAGR of 35.1%, Market trends – Initiatives taken by the government.
These drones are used to perform surveys on farms, and it is used to collect information, store for future purposes, and to combine and to use it for analysis growth in yield and initiative took by the government across the globe to support the market will foster the agricultural drones market. The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Agriculture Drones market. The navigation system is forecasted to grow with a CAGR of 35.1% as drones are equipped with advance GPS, high-imaging camera, and an autopilot system also offers ample aerial shots. The growth in yield and initiative took by the government across the globe to support the market will foster the agricultural drones market. The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Agriculture Drones market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Key participants include Honeycomb Corporation, Parrot SA, Ageagle LLC, DJI Technology, AeroVironment Inc., Yamaha Motor Co. Ltd., Ursula Agriculture, Delair-Tech SAS, Trimble Navigation Limited, and PrecisionHawk, among others.
For the purpose of this report, Emergen Research has segmented into global Agriculture Drones Market on the basis of component, integrant, application, and region:
Component Outlook (Revenue, USD Billion; 2017-2027)
Hardware
Fixed Wing Drones
Rotary Blade Drones
Hybrid Drones
Software and Services
Data Management Software
Imaging Software
Data Analytics Software
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Crop Scouting
Field Mapping
Livestock Monitoring
Smart Greenhouse
Crop Spraying
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Integrant Outlook (Revenue, USD Billion; 2017-2027)
Propulsion System
Controller System
Camera System
Frames
Navigation System
Batteries
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key questions addressed in the report:
What are the key factors driving the global Agriculture Drones market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Agriculture Drones market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Market Taxonomy:
Chapter 1: Methodology & Scope
Chapter 2:
Executive Summary
Chapter 3:
Industry Insights
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Read More: https://www.emergenresearch.com/industry-report/agriculture-drones-market
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