Agricultural Drones Market is expected to reach USD 4209.2 million by 2022 | Key players are Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot SA, Aerovironment Inc. and DJI Innovate

Agricultural Drones Market Size and Growth Rate:
Agricultural Drones Market was going to reach USD 4209.2 million by 2022 and expected to grow at a CAGR of 30.19% during the forecast period 2017 to 2022.

Drones, better known as unmanned aerial vehicle (UAV), is having a long history and is used in a variety of industries, including mining, construction, army and agriculture. The use of unmanned aircraft in agriculture has recently gained momentum as the world has begun to witness phenomenal population growth, leading to an increasing demand for food.

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Agricultural Drones Market Growth Drivers and Restraints:
The main factors contributing to the growth of the agricultural market of unmanned aerial vehicles are the growing awareness of precision agriculture, the need to improve yield and government support for the use of advanced technologies in agriculture. Drones are responsible for generating accurate data that can help farmers control the health of crops, reduce the impact of climate change and effectively detect weeds. Drones are also useful for spraying pesticides evenly for better results.

Geographical Analysis of Agricultural Drones Market:
It is expected that the global agricultural drone market will be dominated by the North American region. However, it is estimated that Europe will make a significant contribution to the market, followed closely by the Asia-Pacific region. In Europe, France should stimulate the growth of the UAV market. The growing deployment of drones in European countries is largely due to the growing need of countries to improve agricultural productivity. 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 market of agricultural unmanned aerial vehicles. Japan dominated the market in 2016 and is expected to maintain its dominance during the forecast period from 2018 to 2026. China and Australia are expected to grow significantly. In the rest of the Asia-Pacific region, India and New Zealand has witnessed a relatively healthy drone deployment compared to other countries.

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Key Players of Agricultural Drones Market:
Key vendors in the Agricultural Drones Market are continuously involved in introducing more easy-to-use drones that can effectively cater the needs of farmers. Major players profiled in the global agriculture drone market include Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot SA, Aerovironment Inc., and DJI Innovate among others.

Agricultural Drones Market Key Segmentation:
By Type:
• Hardware
• Software

By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

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