Agriculture Drones Market to display unparalleled growth over 2021-2027 | Honeycomb Corporation, Parrot SA, Ageagle LLC

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The global Agriculture Drones market is forecasted to be worth USD 9.63 Billion by 2027, according to a current analysis by Emergen Research. The rise in demand for unmanned aerial vehicles, mainly due to the advancement in technology. 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. These drones are also applicable in maintaining the precision of the level of pesticides and insecticides used on the crops. They are also used to monitor the irrigation system and labor performance.

An agricultural drone can be used to enhance crop productivity, crop monitoring, and agricultural operations. Drones are also used in precision agriculture for a variety of tasks, including planting, applying pesticides, and analysing crop fields and soil. Utilizing a variety of imaging technologies, such as multispectral, hyperspectral, and thermal imaging, farmers may be able to see their farms and fields more clearly. Crop yields and farm production may rise as a result of research into and subsequent use of agricultural drone data. Drones can be used by agricultural engineers, agronomists, and farmers to assist them streamline operations and employ advanced data analytics to learn more about their crops. As a part of an effective strategy for managing sustainable agriculture, drones are also being employed in agriculture more and more.

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Agriculture Drones Market Size – USD 873.9 Million in 2019, Market Growth – CAGR of 35.1%, Market trends – Initiatives taken by the government.

The latest market intelligence report, titled ‘Global    Agriculture Drones Market ’, is intended to provide the target audience with the necessary information about the global    Agriculture Drones Market industry. The report comprises a detailed analysis of the vital elements of the    Agriculture Drones Market , including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors.

Competitive Landscape:

Numerous businesses, especially agriculture, have been adversely affected by COVID-19. As a result, the demand for agricultural tools and equipment has drastically decreased in recent years. The pandemic has affected farmers’ morale all around the world. A persistent decline in the price of food crops has reduced farmers’ hopes for using agricultural drones. Currently, every industry, including agriculture, has an ever-increasing need for automation and digitization. However, the drone industry is poised to take off now that economies have stabilised after the pandemic’s slump.

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Some Key Highlights From the Report :

In June 2020, the Indian Agricultural Department announced its plan for the deployment of drones in the areas of Rajasthan, India, as well as in the areas of the monsoon period for the anti-locust operations. The locust attack leads to massive crop destruction.

The hardware segment held a significant market share of 52.8% in the year 2019. 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.

The smart greenhouse segment uses agricultural drones for safe inspection of structural components. Farmers use live video feed so that they can safely inspect the structural systems from the ground.

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.

Competition in the Ventilator Market

The  Agriculture Drones Market   report contains information on leading vendors’ product launches, sustainability, and prospects, such as: Key players in the market 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.

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The Global   Agriculture Drones Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.

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
    1. Fixed Wing Drones
    2. Rotary Blade Drones
    3. Hybrid Drones
  • Software and Services
    1. Data Management Software
    2. Imaging Software
    3. Data Analytics Software
    4. Others

Integrant Outlook (Revenue, USD Billion; 2017-2027)

  • Propulsion System
  • Controller System
  • Camera System
  • Frames
  • Navigation System
  • Batteries
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Crop Scouting
  • Field Mapping
  • Livestock Monitoring
  • Smart Greenhouse
  • Crop Spraying
  • Others

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Global Agriculture Drones Market has been classified into the subsequent geographical segments:

North America (U.S., Canada, Mexico)

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 answered in the report:

What will the Agriculture Drones Market growth rate be?

What are the primary factors propelling the Global Agriculture Drones Market ?

Who are the market’s leading manufacturers?

What are the market’s opportunities, threats, and market structure?

What are the top manufacturers’ sales, revenue, and price analysis in the Ventilator market?

Who are the Agriculture Drones Market distributors, traders, and dealers?

What are the Agriculture Drones Market opportunities and threats that vendors in the Global Ventilator industries are confronted with?

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Emergen research  is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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