Agriculture Drones Market 2019:2023 Development Strategy and Research Study by WMR Research Group: DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US)

Agriculture drones have the capability of collecting high-quality data and are easy to use compared to other smart agriculture techniques such as satellite imagery. In addition, drone data processing tools are becoming less expensive and easier to use. These advantages, along with the increasing awareness, propel the growth of the market. The pressure on global food supply due to growing world population and increase in venture funding for the development of agriculture drones are a few of the key factors driving the growth of this market are.

The global Agriculture Drones market was estimated at USD$ 802.8 Million in 2016, and is anticipated to reach USD$ 2957.9 Million by 2021, expanding at a CAGR of 29.8% between 2017 and 2021. Farmers are increasing implementing this technology, in farming, to gain better productivity and efficiently use water, land, and fertilizers. Furthermore, the technological, including sensors, better materials, and imaging capabilities, are also expected to fuel the agricultural sector.

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Based on the products, the market is segmented into fixed wing, rotary blade, and hybrid. The fixed wing UAVs are expected to lead the industry over the forecast period, owing to their ability to carry heavy payloads and cover long distances.

The hybrid UAVs are anticipated to grow significantly with a CAGR of over 35% from 2017 to 2021, owing to the capability of covering long distances, with hover, over the fields. The proliferation of economical navigation and visualization, which include inspection and mapping, has helped the farmers in monitoring the fields.

The market for crop spraying application is expected to grow at the highest rate between 2017 and 2021. The increasing adoption of drones for crop spraying application would increase the yield and reduce the wastage of crops and fertilizers & pesticides. This is a key factor responsible for the expected growth of the market for crop spraying application.

The North America agriculture drones market is expected to remain the key revenue generating region with a prevalent share of the industry. The increasing adoption of the drones, in various applications including spraying, seeding, and livestock farming, has led to the enormous market share.

The Asia Pacific agriculture drone market is anticipated to witness a significant growth over the forecast period, owing to the increasing investments in R&D in the region.

Agriculture Drones Report by Material, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

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DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), AeroVironment, Inc. (US), Yamaha Motor Corp. (Japan), DroneDeploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan) are some of the major players in the agriculture drones market. Major innovators in this market are senseFLY (Switzerland), Pix4D (Switzerland), Agribotix (US), Sentera Inc. (US), ATMOS UAV (Netherlands), Delair (France), and Nileworks Inc. (Japan).

Key Questions Addressed in Report
1. What are the major applications of agriculture drones?
2. Which applications in precision farming will witness the highest growth and hold the largest share during the forecast period?
3. Which type of agriculture drones will hold the largest share of market during the forecast period?
4. Which region would lead the global agriculture drones market during the forecast period?
5. What are the strategies followed by agriculture drone manufacturers and service providers to stay ahead in the market?
6. What are the major drivers, restraints, opportunities, and challenges for the market?

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