Global Agriculture Drone Market - Predicted to Expand at a CAGR of 21.3 % during Forecast 2018-2026 || Industry Key Players - Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, & Drone AG

Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Agriculture Drone Market - Predicted to Expand at a CAGR of 21.3 % during Forecast 2018-2026”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2026. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with a growth of manufacturers in the global market for Agriculture Drone. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market.

Drones, better known as unmanned aerial vehicle is the aircraft without the human pilot. It has been into existence for long time and are used in various industry including mining, construction, military and agriculture. The agriculture use of drones have recently gained traction after the world started witnessing the tremendous growth in population leading towards the growing demand for food. However, use of such UAV for precision agriculture has been in use since 1990s in some part of Asia-pacific, North America and Europe. These UAV were largely used for spraying pesticides, crops in farm area and are still being used for the same purpose in many parts of the world. The agriculture drone market is therefore the most attractive market that is expected to change the way farming was earlier done

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The global agriculture drone market revenue stood at US$ 293.6 Mn in 2016 and is anticipated to expand at a CAGR of 21.3% during the forecast period from 2018 to 2026.

The market overview section of the report demonstrates the market dynamics such as the drivers, restraints and opportunities that influence the current nature and future status of this market, key market indicators and trends. Key market indicators included in the report provide significance of the factors which are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period. An attractiveness analysis has also been provided for every segment in the report. The attractiveness analysis will helps the readers to understand the most lucrative market segment. The report also provides an overview of various strategies adopted by key players present in the market.

The report segments the market on the basis of type, and application. The type segment includes fixed-wing, multi-rotor and hybrid UAVs. On the basis of application, the market is segmented as spraying, crop scouting, field mapping and others. The others segment include crop monitoring, variable rate, yield monitoring among others. The report provides in-depth segment analysis of the global agriculture drone market, thereby providing valuable insights at the macro as well as micro levels.

The report also highlights the competitive landscape of global agriculture drone market, positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the market. The comprehensive agriculture drone market estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting agriculture drone market growth.

This report provides all the essential information required to understand the key developments in the agriculture drone market, growth trend of each segment and companies’ strategies that helps them to efficiently compete in the market. Also, the report provides insights related to trends and their impact on the market. Furthermore, Porter’s Five Forces analysis explains the five forces namely buyers bargaining power, suppliers bargaining power, threat of new entrant, threat of substitute and degree of competition in the agriculture drone market. This report also provides the comprehensive value chain analysis for the agriculture drone market. It explains the various participants including raw material suppliers, manufacturers and distribution channel of the value chain operating in the market.

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Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot SA, Aerovironment Inc., DJI Innovate, Yamaha Corporation, Sentera LLC. Ideaforge India Private Ltd, are of the major players operating in the agriculture drone market profiled in this study. Details such as financials, SWOT analysis, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Global Agriculture Drone Market, By Type

Fixed-Wing

Multi-Rotor

Hybrid

Global Agriculture Drone Market, By Application

Spaying

Field Mapping

Crop Scouting

Others

Global Agriculture Drone Market, By Geography

North America

The U.S.

Canada

Rest of North America

Europe

France

Germany

U.K

Rest of Europe

Asia Pacific (APAC)

Japan

China

Australia

Rest of APAC

Middle East and Africa (MEA)

UAE

South Africa

Rest of MEA

South America

Brazil

Argentina

Rest of South America

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