Agriculture Drones Market Top Performing Key Players 3D Robotics, AeroVironment, AGCO Corp, AgEagle, Agribotix, DJI, Eagle UAV Services upto 2023

Agriculture Drones Market Growth

The global agriculture drones market was estimated to be USD 670.0 million in 2015 and it is expected to register a double-digit CAGR during the forecast period (2018-2023). North America and Europe are the largest and the most advanced markets with respect to the adoption of innovative technologies in the field of agriculture, while Asia-Pacific and South America have the greatest potential for the growth.

Drones are a stirring innovative technology that could change how farmers manage their operations and could ultimately become as pervasive as tractors. Among other uses, drones are capable of collecting data that can be used to decide if crops have enough water or find leakages in the irrigation system.

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Key Market Players Profiled

3D Robotics Inc., AeroVironment, AGCO Corp, AgEagle LLC, Agribotix LLC, DJI, Eagle UAV Services, Honey Comb Corp, Parrot SA, Precisionhawk, Sentera LLC, Trimble Navigation Limited.

Lack of Awareness and Technology Adoption in the Developing World Restraining the Market

As far as the agricultural sphere is concerned, Japan and the US have been early adopters of aerial agriculture tools including satellite imaging, aerial crop dusting, and agriculture drones. The current acceptance of aerial agricultural tools in Southeast Asia and China is limited. However, the present global manufacture of agricultural drones is led by Chinese hardware manufacturers. The adoption is relatively low in the developing parts of the world as the images collected by drones require analysis by skilled and knowledgeable personnel for the farmers to decipher to any useful information. An average farmer in such countries usually doesn’t possess such skills and without these skills they are forced to hire a skilled personnel acquainted with the analysis software to help out with the image processing.

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Increased Adoption of Precision Farming Driving the Agriculture Drones Market

Precision Farming is a farm management approach that uses the information technology, which ensures that the soil, as well as the crop receive optimum amount of nutrients needed to maximize the production thereby increasing crop yield. Sensing Technologies, Software Applications, Communication Systems, Data Analytics Solutions and Positioning Technologies are some of the latest technologies used in Precision Farming. Various technologies, such as Driverless Machinery, Automated Milking Systems, Drone Crop Dusters, etc., are providing important and attractive opportunities for the growth of Precision Farming.

A drone uses latest technologies, in the form of various tiny sensors, such as accelerometers, GPS modules, powerful processors, and digital radios to provide the farmers with information. Use of drones helps the farmers in scouting (monitoring the health of the crop mid-season), mid field weed identification, monitoring the irrigation equipment and in variable rate fertility monitoring. Positioning technologies, such as combining GPS (Global Positioning System) and GIS (Geographic Information System) have made the analysis of geospatial data, such as Farm Planning, Field Mapping, Soil Sampling, and Yield Mapping, very easy and enable farmers to work in the field even in adverse conditions, such as rain, fog dust, etc.

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This release was published on openPR.