Global “Agriculture Drone Market” Report provides a basic overview of the industry including definitions, CAGR value, potential size, market share, industry’s growth prospects, scope, and challenges. The Tool Tracking Software Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.
Segmentation-
By Type (Fixed Wing, Rotary Wing, and Hybrid)
By Components (Hardware [Frames, Control Systems, Propulsion System, Navigation System, Payload, Avionics, Others]
Software [Imaging Software, Data Management Software, Data Analytics Software, Others])
Application (Field Mapping & Monitoring, Crop Spraying, Crop Scouting, Variable Rate Application, Livestock Monitoring, Others)
Regional Forecast, 2020-2027
Regional Insights
Quick Adoption of Advanced Drones for Agriculture to Feed Market Growth in North America
North America, with market size of USD 367.6 million in 2019, is anticipated to lead the agriculture drone market share during the forecast period. This is mainly attributable to the rapid uptake of advanced UAVs by farmers in the region to increase farm output. Complementing this is the framing of friendly policies by lawmakers in the region supporting the deployment of commercial drones and small UAVs for agricultural activities. The Asia Pacific is expected to generate tremendous growth opportunities for this market as the countries in the region are heavily dependent on agriculture and are making massive investments to make agriculture more technology-driven. In Europe, the ability of farmers to utilize drone technology for better farm yields will augur well for the market.
The report states that the global market value stood at USD 1,021.1 million in 2019. It also offers the following:
Unparalleled insights into the factors driving and constraining the market growth;
In-depth & piecemeal analysis of the market segments;
An exhaustive examination of the regional dynamics impacting the market; and
Detailed profiling and study of the key market players and their strategies.
Industry Developments:
April 2020: DJI, the Chinese drone maker, released its new offering called the “Mavic Air 2” drone, the successor to the company’s 2018 Mavic Air drone. The new product comes in two variants, the standard, and the Fly More, with both being available for immediate purchase in China.
September 2019: AeroVironment launched the enhanced, next-gen version of its flagship Quantix VTOL hybrid drone and the AeroVironment Decision Support System for precision farming. Equipped with sensors and multispectral imagery capabilities, Quantix is designed to perform crop scouting and can survey up to 400 acres within 45 minutes.
Companies Covered in the Agriculture Drone Market Report:
Delair Tech SAS (France)
Parrot Drone (France)
3D Robotics (the US)
AeroVironment Inc. (the US)
GoPro (the US)
Drone Deploy (the US)
Sintera LLC (the US)
Ag Eagle (the US)
Trimble Navigation Ltd. (the US)
Precision Hawk (the US)
DJI (China)
Browse Full Report and Read-
https://www.fortunebusinessinsights.com/agriculture-drones-market-102589