Press release
Agricultural Drones Market 2018 to Grow at a CAGR of 33.28% to 2022 with UAV Manufacturers - AeroVironment, AgEagle Aerial Systems, Delair-Tech, DJI, Parrot Drones, PrecisionHawk
Agricultural Drones
Publisher's analysts forecast the global agricultural drones market to grow at a CAGR of 33.28% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global Agricultural Drones market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The rising funding for UAV manufacturers as one of the major factors that will drive the growth of agriculture drones market. With the rising adoption of agricultural drones among farmers owing to its applications in crop scouting and field mapping, investors, entrepreneurs, and farming businesses are making investments in the adoption of advanced technologies. With the growing applications of agricultural drones, there is rising investment in UAV-based startup companies that offer software and hardware solutions to their customer base. For instance, PrecisionHawk has received an investment of around USD 75 million from a group of venture and strategic investors. Similarly, AUS has also received funding from Aaruha Technologies to manufacture agriculture drones in India.
Key vendors
- AeroVironment
- AgEagle Aerial Systems
- Delair-Tech
- DJI
- Parrot Drones
- PrecisionHawk
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Market driver
-Rise in funding for UAV manufacturers
Market challenge
-Concerns regarding use of agricultural drones
Market trend
-Growing popularity of drones integrated with normalized difference vegetation index
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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