Agricultural Drones Market by 2024 Key Player: PrecisionHawk, AeroVironment, DJI, GoPro, DroneDeploy, Trimble Navigation

Market Overview: -

The developments in Agricultural Drones Market is set to change the business landscape of agriculture and enable ultra-precision farming. The agricultural sector is likely to witness a major transformation in its value chain, as the robotic technology is set to enter into different aspects of farming. Rising deployment of this advanced technology is most probable to change the future of agrochemicals business and modify the designs of agricultural machinery. This has significantly impacted the market dynamics of the global agricultural drones industry.

Farmers, all over the globe, are gradually adopting the drone technology to obtain better yields and improve their efficiency by effective use of the land, water, and fertilizers. This technology is assisting farmers in analyzing soil and crop data by taking pictures of their fields. The UAV (unmanned aerial vehicle) in agricultural drones market are the popular drones, which are incorporated with thermal cameras to provide better vision to the farmers. These images help agronomists in decision making and better monitoring of plantation. With the addition of GIS, GPS and sensor technology, the hybrid UAVs are poised to better assist the farmers by providing enhanced maneuvering information.

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Top Key Players: -

PrecisionHawk, AeroVironment, DJI, GoPro, DroneDeploy, and Trimble Navigation are some of the key players in agricultural drones industry.

Market share calculation in this report is not done based on companies covered in it. The calculation of agricultural drones market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

Not surprisingly, agricultural drones market has substantially commercialized over the recent years. U.S. agricultural drones market is set to observe significant gains over the coming seven years, having accounted for 30% of the overall industry share in 2016. A notable increase in the deployment of UAVs in the region for improving crop productivity and field mapping has provided a major spur to agricultural drones market. The field mapping application accounted to be the leading segment in the overall agricultural drones market.

Crop scouting application within the agricultural drones industry is also assisting the farmers in achieving perfection and accuracy in fertilizer and pesticides spraying. These drones use the Normalized Difference Vegetation Index (NDVI), which detects plants under pressure with the help of various infra-red sensors. It is also used in differentiating the bare soil from grass or forest. Moreover, the UAVs mounted with LiDAR photogrammetry imaging applications helps in building topographic maps and providing an aerial view of the field.

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Partial Chapter of the Table of Content

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast assumptions
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Agricultural drone industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Agricultural Drone Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
3.4. UAV vs. manned aircraft/satellite
3.5. Drone advantages over other aerial imaging systems
3.6. Technology & innovation landscape
3.6.1. UAV industry overview
3.6.2. Multispectral camera
3.6.3. Infrared camera
3.6.4. Thermal camera
3.6.5. LiDAR camera
3.6.6. High resolution camera
3.6.7. Navigation system
3.6.8. GPS
3.6.9. Geographic Information System (GIS)
3.7. Regulatory landscape
3.7.1. U.S.
3.7.1.1. FAA
3.7.1.2. TSA
3.7.2. EU
3.7.2.1. EASA
3.7.3. China
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.2. Industry pitfalls & challenges
3.9. Growth potential analysis
3.9.1. Business models
3.10. Porter's analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Internal rivalry
3.11. Competitive landscape, 2016
3.11.1. Strategy dashboard
3.11.2. Patent analysis
3.12. PESTEL analysis

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The agricultural drones have gained maximum leverage from the Internet of Things, arguably making agricultural industry much more advanced than ever before. The IoT is now set to drive the future of farming to the next level. High-tech and smart farming are no more things of the past, thanks to sensors and agricultural drones.

Software solutions are in a way helping farmers by delivering real-time data for boosting yields. Furthermore, all of these technologies including satellite farming and agricultural drones are helping precision farming market to stimulate over the coming years.

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