The global agriculture drones market is expected to grow from USD 958.46 million 2017 to USD 7,835.27 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 35.01%.
“Increasing adoption of precision farming and unavailability of affordable drones is one of the factors largely attributing to the growth of agriculture drones market globally”
The factors attributing to the growth of the market are increasing adoption of precision farming and unavailability of affordable drones, availability of software solutions for field survey, data analytics and farm management, government regulation supporting use of advance technologies in agriculture, increasing investments in technology for agriculture, and focus on balanced use of agrochemicals. However, some factors such as limited technological abilities of farmers hinders the adoption of agricultural drones, and security and safety concerns may hinder the market growth. The global agriculture drones market is expected to showcase the opportunities such as faa and other regulations promoting use of agricultural drones in the u.s., rising demand for drones from countries in apac, and air traffic management. In the near future, the market may face the possible challenges in the growth due to limited acceptance of aerial agricultural tools in southeast asia, and developing advanced, reliable, and long flight time agriculture drones. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global agriculture drones market market.
On the basis of component, the global agriculture drones market is studied across Battery, Camera System, Controller System, Frame, Global Positioning System, Navigation System, and Propulsion System.
On the basis of product, the global agriculture drones market is studied across Hardware and Software.
On the basis of application, the global agriculture drones market is studied across Agriculture Photography, Crop Scouting, Field Mapping, Livestock, and Variable Rate Application.
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On the basis of geography, the global agriculture drones market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“3D Robotics, Inc.: The potential growing player for the global agriculture drones market”
The key players profiled in the global agriculture drones market are 3D Robotics, Inc., AeroVironment, Inc., AgEagle Aerial Systems, Inc., Agribotix, LLC, Agriwales Ltd, DJI, Delair-Tech SAS, Drone Major Group Limited, Eagle Uav Services, HoneyComb Corporation, Infatics, Inc., Parrot SA, PrecisionHawk, Inc., Trimble Inc., and Yamaha Motor Co., Ltd..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global agriculture drones market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global agriculture drones market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global agriculture drones market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global agriculture drones market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global agriculture drones market.
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TABLE OF CONTENT
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
184.108.40.206. Secondary Instrument
220.127.116.11. Primary Instrument
2.1.2. Research Approaches
18.104.22.168. Bottom-up Approach
22.214.171.124. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
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