Agriculture Drones Market Segmented by Type, Application, and Geography (2018 to 2023)

The report published by Knowledge Sourcing Intelligence titled “Agriculture Drones Market- Forecast From 2018 to 2023” studies the various factors affecting the demand for Agriculture Drones across the globe. The report has been segmented by type (fixed-wing, multi-rotor, and hybrid), by application (spraying, field mapping, crop scouting, and others), and by geography, covering five regions namely North America, South America, Europe, Middle East and Africa and the Asia Pacific, and some of the major economies in each of these regions.

The growing challenge of global food insecurity is one of the major drivers of agriculture drones market. The rapid shift from conventional to mechanized farming techniques is boosting the adoption of agriculture drones for various applications. Growing concern about the harmful impact of pesticides on human health is also escalating the use of agriculture drones for pesticide spraying application, thus positively impacting the market growth. Government initiatives and programs to use drones for various agricultural applications will contribute to the growth of agriculture drones market during the forecast period.

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Field mapping segment holds significant market share
By application, agriculture drones market s segmented into spraying, field mapping, crop scouting, and others. Field mapping segment accounted for a significant market share as drones are increasingly being used for early soil analysis as well as help in planning seed planting patterns. Field mapping allows identify whether an area contains live vegetation or not. Drone surveillance also provides an early warning of crop stress and crop health issues on farming lands.

APAC projected to witness significant CAGR during the forecast period
Geographically, Agriculture Drones market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. APAC will witness a significant CAGR between 2017 and 2023 owing to the rising use of agricultural drones for various applications in countries like Japan, South Korea, and China. Yamaha Motors is selling its multi-rotor drones in Japan for pesticide spraying of cultivated fields, especially in smaller rice paddy fields where it is difficult for helicopters to reach and fly. Rising investment in drone industry will also continue to drive the APAC Agriculture Drones market throughout the forecast period. In July 2017, South Korea’s Ministry of Land and Transport and Maritime Affairs (MOLIT) announced the investment of over $1 billion to boost the country’s drone infrastructure and industry over the next five years.

This report also includes a study of strategies and product portfolios of some of the leading companies in the Agriculture Drones market. It consists of company profiles of the leading companies- Agribotix LLC, Parrot Drone SAS, DJI, AeroVironment, Inc., Honeycomb Corporation, AgEagle Aerial Systems, Inc., PrecisionHawk, Trimble Inc., DRAGONFLY UAS, and Sentera, Inc.

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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.

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