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Agriculture Drones Market Growing at the Fastest Rate in APAC Region
The agriculture drones market in APAC is expected to grow at the highest CAGR during the forecast period. The adoption of smart agriculture techniques is expected to grow at a high rate in APAC as this region consists of emerging countries such as India and China, and countries in Southeast Asia. The rapidly increasing population, availability of arable farms, and government support through subsidies are the major factors driving the adoption of agriculture drones in APAC.
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The major opportunities for the growth of the market include rising demand for drones in APAC countries and high adoption of aerial data collection tools in agriculture. The demand for drones in APAC is expected to increase during the forecast period, driven by greater awareness of their use in agriculture. This growing demand for advanced agricultural technologies in Australia, New Zealand, China, Japan, and India is likely to present significant growth opportunities for the market in the near future. While many industries use drones, the adoption rate of tools required to collect aerial data is high in the construction, agriculture, and mining industries. For Instance, agriculture experts and insurance companies use DroneDeploy’sSkyClaim app to detect crop damage and determine loss estimates using computer vision and artificial intelligence (AI).
Opportunity: High adoption of aerial data collection tools in agriculture
Agriculture experts and insurance companies use DroneDeploy’s SkyClaim app to detect crop damage and determine loss estimates using computer vision and AI. DroneDeploy customers have analyzed more than 100,000 acres and 75 different crop types using its app. PrecisionHawk (US) uses agriculture drones and different sensors, such as multispectral, thermal, and LIDAR sensors, to collect raw crop data for analysis using its Precision Analytics software.
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The agriculture drones precision farming market for crop spraying is expected to grow at the highest CAGR forecast period
Adoption of drones for crop spraying is an efficient practice to increase the yield of crops and reduce the wastage of fertilizers and pesticides. In August 2021, DJI launched the Agras T30 drone. With a 30-liter spray tank, and a spreading system payload capacity of up to 40kg, 16 nozzles, and a spray range of 9 meters, the T30 takes aerial spraying efficiency to new heights and can cover 40 acres in an hour.
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