The agricultural drones market is poised to yield phenomenal profits, according to a newly released business intelligence report from IndustryARC. The analyst of the report attributes advancements in unmanned aerial vehicles (UAVs) are the primary factor that will drive global agricultural drones market value expansion at a CAGR of 9% during the forecast period of 2018 to 2023. By 2023, the report estimates the global agricultural drones market size to be $15 billion. The report is titled “Agricultural Drones Market: By Type (Fixed Wings, Rotary Wings, Hybrid Wings and Software type); By Components (Flight Controllers, Propulsion Systems, Camera System, Batteries and GPS); By Battery Life ( 30 Min, 30-60 Min, 60-100 Min and 100 Min); By Applications (Crop Analysis, Field Mapping, Agricultural Photography); By Geography – Forecast (2018 - 2023).”

Browse 61 Market Tables, 177 Figures spread through 149 slides and an in-depth TOC “Agricultural Drones Market (2019 - 2025)”

Agriculture Drones Market: Current Industry Applications

Evolution of drones, or UAVs, has marked a game-changing scenario in agriculture. Sugarcane farms of Central America, corn fields of South Asia, and several other food and commercial farms across the globe are witnessing the use of drones for crop spraying. The highly maneuverable drones act as top-dresser of crops by spraying them with fertilizers, fungicides, and pesticides. The attractive features of the products available in the agricultural drones marketplace, compact in size and light in weight, allows effective spraying in uneven parts of the farm, which is otherwise impossible to reach using tractors. Moreover, drones are capable of spraying pesticides and fertilizers with greater precision, and significantly reduce the economic burden and environmental pollution.

Besides crop spraying, agriculture drones market is disrupted by the possibility to entering into a wide array of agricultural applications, ranging from soil analysis, sowing crops, and irrigation management to crop health assessment. These devices also help to detect issues across the fields during the mid and later seasons of the crops.

An Eye in the Sky for Agriculture

Drones are referred to as “an eye in the sky” based on its ability to combine the data collection hardware with the analytic tools and interpret the data and images to provide actionable information. Typical information captured in a single fly of drone can include vegetation index (NDVI), plant counts, soil and H2O levels, soil temperature, topography, and many other information.

Dennis Bowman, a University of Illinois Extension educator and an expert in the agricultural drones market technologies opined in a recent press release that the opportunity to see a bigger picture of their field is driving the interest of growers towards the drone technology.(i) Explaining the importance of drones in agriculture, he also added “When the corn is up over your head, it’s hard to see what’s going on throughout the entire field. The opportunity to get this picture from the air, to be able to see what’s going on at the far end of a 120-acre field that’s not easily visible from the road, you can do a better job of seeing all the things that might be going on.”

Utilization of these flying robots provide several advantages including integrated GIS mapping, reduced time and cost of farming, and early detection of defective plants. Several studies have proved the increase in quantity and quality of production with the use of drones in agriculture.

Agricultural Drones Market Analysis

Advancements in the fields of automation, electronics and semiconductors, and Information and Communication Technology (ICT) has revolutionized the agricultural drones market across the globe. The need for effective management of farm and crop data resulted in a lucrative dive of communication technologies and mobile applications in agriculture. Knowledge on the use of sensors and cameras in effective management of agricultural inputs and pest control laid the foundation for the agriculture drones market, which now is evolving beyond nascent stage. The intelligence of agricultural drones in land use monitoring and precision farming is also a factor that motivates the utilization of these devices. Furthermore, the use of drones in tree farms to provide real-time health and growth information of individual trees can help the farmers in early detection of non-growing trees. According to a recent statement by the U.S. Federal Aviation Administration (FAA), the number of non-model unmanned aircraft systems in the U.S. surpassed 110 thousand units in 2017 and nearly 17% of these systems are used for agricultural applications.(ii)

Global Agricultural Drones Market: Current Industry Challenges

Besides the boosters, there exists several challenges associated with the adoption of drones in agriculture. The use of agricultural drones is subjected to several regulations posed by the regulatory bodies, such as Federal Aviation Administration (FAA) and others. According to FAO (Food and Agriculture Organization of the United States), as of April 2016, 73 countries of African, Caribbean, and Pacific (ACP) Group regulated the use of agricultural drones in their airspace.(iii) In the U.S., small unmanned aircraft system (sUAS) regulations mandates a drone pilot license(iv). The FAA has a considerable number of regulations regarding the use of drones for the U.S. citizens. Users who want to employ the drones for commercial applications, such as crop spraying, are required to file for an exemption. These regulations are hindering the adoption rate initially observed by the agricultural drones market companies in many countries.

The growing interest of research and venture capital partners towards space-related startups resulted in considerable growth of small satellite-based Earth Observation (EO), which is considered as a threat to drones. A large number of EO satellites will be launched in the coming years, thus lowering the use of drones in agriculture.

Global Agricultural Drones Market Opportunities

The growth of drones is largely tied to the technological developments in terms of flight strength and reliability. The manufacturers of agricultural drones are focused towards innovation of high speed drones with greater payload capacity. AgEagle, senseFly, and some other players have recently launched drones with superior flight period, suitable for continuous surveys. Advancements in vision technologies are likely to improve the data resolution of the drones, thus boosting their performance. Drones are also finding applications in several agriculture-related industries such as dairy, fisheries, and others, which significantly adds to its growth potential. Drones are considered as the key technological achievement in agriculture in the past era and are successfully being used in multiple applications within the sector.

Talk to one of our sales representative about the full report by providing your details in the link below:
https://www.industryarc.com/support.php?id=15384

Related Reports:

Small Drones Market: By Maximum Take-Off Weight (Nano, Micro, Mini); By Payload (Video Cameras, Sensors, Wireless Communication Systems); By End Use (Security, Mining, Search and Resuce) - Forecast (2018 - 2025)
https://www.industryarc.com/Report/15083/small-drones-market.html

Target Drone Market: By Specification (Wing Span, Speed, Altitude, Others); By Engine Type (Piston, Wankel, Turboprop, Turbojet, Others); Platform (Aerial, Ground, Underwater, and Sea Surface); Target Type (Full- & Sub-scaled, Free Fly, Tow, Sport); By Application (Target & Decoy, Training, Reconnaissance, Others); By Geography - (2018-2023)
https://www.industryarc.com/Report/15045/target-drone-market.html

About IndustryARC:

IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to supporting the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

Contact Us:
Mr. Venkateshwar Reddy
Business Development Manager
Email: sales@industryarc.com
Contact Sales: 1-614-588-8538 (Ext-101)

According to an upcoming report by BlueWeave Consulting, “Global Drone Market, by Type, by Segment, by Application, by Region, Growth Potential, Competitive Market Share and Forecast, 2015-2025” The drone market is projected to grow with a significant growth rate during the forecast period 2019-2025.

Drones sometimes referred to as unmanned aerial vehicles (UAV), used as aircraft systems without a human pilot aboard. The rise in adoption of smartphones, demand for aerial services, and commercial applications impact the market growth. The usage of drone technology in agricultural practices, media, and entertainment, the construction sector has been on a significant rise. However, increasing privacy and security concerns and high-resolution satellite imagery is the factors hampering market growth. Companies are using drones to add efficiency and accuracy in their businesses. Digitization and technological advancements in camera, drone specifications, mapping software, multidimensional mapping, and sensory applications are expected to drive the commercial drone market growth. Construction and agriculture are two major areas of the drone market. They have been widely used in civil applications such as smart agriculture practices through mapping and studying of crop data in agriculture, utilization of footage and images of a site to make 3D rendering of structures, in real estate market for package delivery to customers from retail stores, and media coverage by journalists to capture important news with closer aerial shots. The rise in application areas is expected to boost drone market growth over the forecast period. Furthermore, supportive government initiatives also foster the growth of the market.

Military segment accounted for the largest share of the global drone market during the forecast period.

Sample copy of Study Report for Overview of Global Market is Available@ https://www.blueweaveconsulting.com/global-drones-market-bwc19106/#ReportSample

A military segment dominates the global drone market. Drones are used in surveillance, rescue operations, providing supplies to troops and soldier deployed in remote areas, gathering information about hostile places before a mission. The increasing use of drones in various military applications like monitoring, surveying, and mapping, and combat operations contributing to the growth of the military drones market across the globe. Some devices have the capability to carry missiles and hit the target with high accuracy. Integration of drones in the current warfare systems to combat or counter threats, and cost-effectiveness as compared to manned aircraft further drive the market. Furthermore, their advanced capabilities, such as perform flight, avoid the collision, following pre-loaded instructions, following moving objects, store valuable information, and post-flight analysis the demand for drones globally. 

North America is the leading region in the global drone market during the forecast period.

North America has the highest demand on account of major applications in military sector followed by Europe. Owing to the technological advancement and utilization of drone capabilities like the use of thermal and hyper spectral sensors in flight to capture and experience the immersive view from drones. For instance, in 2017, the U.S. government launched a program to increase the testing of commercial UAVs to include nighttime operations, flights beyond the VLOS and flights flown over people. The country generates high demand for drones used for surveillance purposes. Moreover, commercial application opportunities are growing as well. The Asia Pacific is the fastest growing region with significant growth on account of expanding product application in commercial and military areas due to several macro and micro economic factors like the socio-political difference between various Asia-Pacific countries, territorial conflicts, and growing insurgency rates. 

Global Drone Market Competitive Landscape

Companies as Yuneec International Co. Ltd., SZ Dajiang Innovations Technology Co., Ltd., Parrot S.A., 3D Robotics, Incorporation, AeroVironment, Inc., General Atomics, Lockheed Martin Corporation, Northrop Grumman Corp., Boeing, China Aerospace Science and Technology Corporation, Bae systems, Israel Aerospace Industries, Textron, Elbit Systems Ltd. are the key players in manufacturing drone globally.

Don’t miss the business opportunity of Drone Market. Consult to our analyst and gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global drone market size & forecast. The report promises to provide state-of-the-art technologies of drone and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.

View Complete Table of Content Having Unique Analysis on Several Factors: https://www.blueweaveconsulting.com/global-drones-market-bwc19106/#TOC

About Us

BlueWeave Consulting is a one-stop solution for market intelligences regarding various products and services online & offline. We offer worldwide market research reports by analyzing both qualitative and quantitative data to boost up the performance of your business solution. Our primary forte lies in publishing more than 100 research reports annually. We have a seasoned team of analysts working only for various sub-domains like Chemical and Materials, Information Technology, Telecommunication, Medical Devices/Equipment, Healthcare, Automotive and many more. BlueWeave has built its reputation from the scratches by delivering quality performance and nourishing the long-lasting relationships with its clients for years. We are one of the leading digital market intelligence generation company delivering unique solutions for blooming your business and making the morning, more rising & shining.

Contact Us:

info@blueweaveconsulting.com

https://www.blueweaveconsulting.com

Global Contact: +1 866 658 6826