Press release
Agricultural Drones Market Segmented by Top Manufacturers - Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot, Aerovironment Inc and DJI Innovate
Agricultural Drones Market Overview:Agricultural drones are about to become the new farm guards. With the emphasis on productivity in agriculture that is growing around the world, drones could be the answer to improve automation and precise control of farm monitoring and operations. Already, robots are beginning to transform the operation of the agricultural sector and the arrival of agricultural drones could take this change to a whole new level. Agricultural unmanned aerial vehicles are expected to be an important part of the agricultural robot industry in the future. Analysts expect the unmanned aerial vehicle (UAV) agricultural Industry to receive a boost from government authorities, since it could employ nearly 100,000 people in the next 10 years, making a notable contribution to the global economy.
The Agricultural Drones Market is expected to exceed USD xx billion in 2022, compared to USD xx billion in 2017.
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Drivers and restraints:
Opportunities are just beginning to emerge in the global agricultural drones Industry and will only develop in the next decade. The Industry is also expected to grow because many people do not want to work on farms as the income depends to a large extent on climate and the risks are higher due to the moods of the climate. The use of drones could help monitor climatic conditions and farm operations within the reach of the average farmer, thus increasing the confidence of the global agricultural sector. In countries where agriculture continues to be the backbone of the economy, opportunities can be exploited in areas such as pesticide and insecticide spraying, planting, pest control, mapping and imaging, thermal, and remote sensing. The Internet of Things is proving to be the launching pad for UAV's global agricultural drones Industry, providing more transparency to the entire agricultural process. Therefore, in addition to the fact that UAVs are ushering in an era of digital agriculture, they would also create a mass Industry for sales and services. The need for software and applications specifically designed for the agricultural sector would provide new opportunities for the technology sector.
Geographic Segmentation:
It is expected that the global Agricultural Drones Market for unmanned aerial vehicles will be dominated by the North American region. However, it is estimated that Europe will make a significant contribution to the agricultural drone industry, followed closely by the Asia-Pacific region. In Europe, increasing demand in France stimulates the growth of the Industry. The growing deployment of drones in European countries is largely due to the increasing need of countries to improve agricultural productivity in general. The European Union (EU) is also actively involved in the deployment of drones for agriculture. In Asia-Pacific, countries such as Japan, China and Australia are expected to boost growth in the industry. Japan dominated the Industry in 2016 and is expected to continue its domination during the forecast period from 2018 to 2026. China and Australia are expected to experience significant growth. In the rest of the Asia-Pacific region like India and New Zealand had a relatively healthy UAV deployment compared to other countries in the region. The main suppliers in the Industry are continually involved in the development of easier-to-use drones that can effectively meet the needs of farmers.
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Key Players of Agricultural Drones Market
The main players in the global Agricultural Drones Market include Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot, Aerovironment Inc. and DJI Innovate.
Key Takeaways from this Report:
• For different product types, end use applications and industry verticals, offers calculated growth rates (CAGR %), Volume (Units), and Value ($M) in each region to estimate the market potential.
• Identify various driving factors, constrains and untold opportunities that can impact the global marketplace
• Know the position of your competitor based on the market shares, financial performance, strategical approaches, SWOT, product benchmarking and so on.
• Increase overall revenue by understanding the geographical impact on sales and distribution channels.
• Evaluate the increase in values at each step of industry supply chain to improve process efficacy and optimize the value.
• Understand the market dynamics of leading players like deals, partnerships, new products, mergers and acquisitions in the last four years.
• Estimate the gaps in supply-demand, statics involved in import-export, and regulatory framework of the worldwide market in over 20 top nations.
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Client requirement being the initial priority, Research Cosmos offers the highest standard of market research, business intelligence and consulting services to almost every industry of the world. We integrate our portal with the content of publishing giants of the world to offer a humungous range of market reports that can serve the purposes of different customers, including the fortune listed companies. We provide both syndicated and customized reports, covering all the prominent aspects of different industries.
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