Latest Trending Report on Agriculture Drones Market Growing Technology Trends and Business Opportunities by 2024 | DJI, Precision Hawk, Trimble Inc, Parrot Drones and Others.

According to Market Study Report, Agriculture Drones Market provides a comprehensive analysis of the Agriculture Drones Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Agriculture Drones Market.

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The Agriculture Drones Market is expected to grow from US$ 1.2 Billion in 2019 to US$ 4.8 Billion by 2024 at a CAGR of 31.4%. This report spread across 157 pages, profiling 10 companies and supported with 62 tables and 35 figures are now available in this research.

Major Vendors profiled in the Agriculture Drones Market include are DJI (China), Precision Hawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), Aero Vironment, Inc. (US), Yamaha Motor Corp. (Japan), Drone Deploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan).

"Agriculture drones market for software and services to grow at higher CAGR during the forecast period"
The agriculture drones market for software and services is expected to grow at a higher CAGR during the forecast period. This growth is attributed to high investments being done by the venture capitalists and investors in the startup companies offering software and analytics to digitize the information collected by drones; these investments are mainly directed at the implementation of mapping, imaging, and data analytics software.

"Precision fish farming to witness highest CAGR in agriculture drones during forecast period"
The agriculture drones market for precision fish farming is expected to grow at the highest CAGR during the forecast period. The increasing demand for various hardware devices such as GPS/GNSS and various sensors is contributing to the growth of the agriculture drones market for precision fish farming.

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Breakdown of primary participants' profile:
o By Company Type: Tier 1 - 55 %, Tier 2 - 20%, and Tier 3 - 25%
o By Designation: C-Level Executives - 35%, Directors- 25%, Others - 40%
o By Region: North America-10%, Europe - 20%, APAC - 40%, and RoW- 30%

The Study Objectives of this report are:
o To describe, segment, and forecast the agriculture drones market, by offering, component, application, and geography, in terms of value
o To describe and forecast the market for various segments by region--North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
o To provide detailed information regarding drivers, restraints, opportunities, and challenges pertaining to the market
o To analyze the micromarkets with respect to the individual growth trends, prospects, and contribution to the market
o To profile key players in the agriculture drones market, and analyze their market shares and core competencies
o To provide a detailed overview of the value chain pertaining to the market
o To analyze growth strategies such as, product launches, acquisitions, collaborations, and partnerships, along with research and development (R&D) in the market

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Competitive Landscape of Agriculture Drones Market:
1 Overview
2 Market Share Analysis
3 Competitive Leadership Mapping
3.1 Visionary Leaders
3.2 Dynamic Differentiators
3.3 Innovators
3.4 Emerging Companies
4 Strength of Product Portfolio
5 Business Strategy Excellence
6 Competitive Scenario
6.1 Product Launches and Product Developments
6.2 Acquisitions, Collaborations, and Partnerships

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This release was published on openPR.