PUBLISHER: TechSci Research | PRODUCT CODE: 1134893
PUBLISHER: TechSci Research | PRODUCT CODE: 1134893
We offer 8 hour analyst time for an additional research. Please contact us for the details.
Global agriculture drones market is anticipated to grow at significant rate during the forecast period, due to the rising demand for quality food crops to serve the growing global population. Increasing investments in the agriculture drones and rising awareness about efficient farming using field survey and data analytics is expected to drive the agriculture drones market until 2027. In terms of component, camera is expected to grow at the highest CAGR during the forecast period as it is the key component of the drone. Additionally, application specific cameras are used for different purposes such as hyperspectral camera is used for identifying weed.
Based on the application, the market has been segmented into crop spraying, field mapping, variable rate application (VRA), crop scouting, livestock, agriculture photography and others. Crop spraying application segment is forecast to grow at the highest rate during the forecast period owing to the precise spraying of the fertilizers without disturbing the fertility of the soil. Regionally, North America acquired the dominant share in the global agriculture drones market owing to the early adoption of drones in farming and presence of major players in the region. In Asia Pacific, countries including India, China, Japan and Australia are expected to drive the agriculture drones market due to high investment in R&D and increasing initiatives to deploy drones.
Some of the leading players in the global agriculture drones market are: SZ DJI Technology Co., Ltd., Ursula Agriculture Limited, Agribotix LLC, Eagle Uav Services, Parrot SA, PrecisionHawk, Inc., Aerovironment Inc., DroneDeploy, Inc., Honeycomb Corporation, 3DR Ltd, among others. Key players operating in the global agriculture drones market are using inorganic and organic strategies to increase their market share.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major manufacturers across the globe.
TechSci Research calculated the market size of global agriculture drones market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global agriculture drones market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in global agriculture drones market.
With the given market data, TechSci Research offers customizations according to the company's specific needs. The following customization options are available for the report: