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.However, lack of proper air traffic management and trained pilots are limiting the growth of the market.
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.Get a free sample of the report: https://www.emergenresearch.com/request-sample/334Certain factors such as a high level of awareness regarding agricultural drones, advancements in farming technology, and investments into venture funding, which boosts productivity.
The growth in yield and initiative took by the government across the globe to support the market will foster the agricultural drones marketKey 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.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.Component Outlook (Revenue, USD Billion; 2017-2027)HardwareFixed Wing DronesRotary Blade DronesHybrid DronesSoftware and ServicesData Management SoftwareImaging SoftwareData Analytics SoftwareOthersApplication Outlook (Revenue, USD Billion; 2017-2027)Crop ScoutingField MappingLivestock MonitoringSmart GreenhouseCrop SprayingOthersKey geographical areas: North AmericaEuropeAsia PacificLatin AmericaMiddle East & AfricaPurchase this report at an exclusively discount: https://www.emergenresearch.com/request-discount/334Elucidating the competitive landscape of the Global Agriculture Drones Market:The global Agriculture Drones market report offers viable insights into the competitive spectrum of the Agriculture Drones business sphere.The report systematically profiles the company information of each market player.It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.North America helps a significant share due to the exemption from the Federal Aviation Administration (FAA) under the part 107 rule, which will help support the adoption of these drones in the agricultural industry.