What's Driving the Growth of Agriculture Drones market? | Key Companies: BlueSKy, Boeing, DJI, Google, GoPro, Honeycomb Corporation, Intel, L-3 Communications, Precisionhawk

The rising awareness regarding the efficiency and advantages of drones has resulted in a discernible change in Agriculture Drones market. Drone technology has been revolutionizing numerous sectors such as scientific research, entertainment, and astronomy since long. Not to be left behind, the agricultural sector has joined this bandwagon of professional domains as well. Despite numerous technological developments, farming is touted to remain the base of food production, subject to which advanced technology is being deployed of late to improve productivity and crop efficiency. This in turn, will stimulate global Agriculture Drones market, slated to grow at a CAGR of more than 13% over 2017-2024.

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Key Companies: - D Robotics, Aerovironment Inc., Aeryon Labs, AGCO Corporation, Ageagle, Agribotix, Airogisitic, Autocopter Corp, BlueSKy, Boeing, Delair-Tech, Denel Dynamics, DJI, Draganflyer, Drone, Agro, Dronedeploy, Eagle UAV Services, FT Sistemas, Google, GoPro, Honeycomb Corporation, HUVRData, LLC, Intel, Israel Aerospace Industries, L-3 Communications, Parrot SA, Precisionhawk, RUAG Aerospace, Skycatch, Trimble Navigation Limited, Ursula Agriculture, Yahama, Yuneec

Fixed-wing UAVs are renowned in the agro sector as they can carry heavy payload and cover a long distances. Imaging software plays a pivotal role in processing captured images from cameras mounted on fixed-wing drones. Reportedly, in 2016, the segment held around 70% of the revenue share. Moreover, it is expected to dominate the overall Agriculture Drones market in the coming years.

Strict government norms and patents involved with advanced technologies would retrain the Agriculture Drones market growth over the forecast period. The product is usually used to avoid accidents or emergency conditions on farms. Lack of skilled pilots and safety concerns related to these devices could impact product adoption. However, technical institutes and universities conducting various programs to educate people about UAV's operations may foster Agriculture Drones market expansion.

Nowadays, UAVs are rigged with hyperspectral, infrared, and multispectral cameras that deliver enhanced vision capacities to farmers. These images deliver the necessary information and offer support required in the decision-making process.

Images obtained from multispectral cameras serve as an effective tool for soil evaluation analysis and plant health. Identification of weeds, pesticide usage optimization, pests, addressing spacing issues and visual inspection of crops are among the key benefits of UAVs in the agriculture sector.
These drones also provide crop and soil data to farmers by leveraging technologies like GPS, GIS and navigation systems. Agricultural drones are also widely used for crop scouting. It reduces pesticide and fertilizer wastage and further enhances crop yields. Moreover, UAVs equipped with LiDAR technology provides necessary aerial view and topographical maps to farmers.

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In accordance with expert viewpoints, it has been predicted that drones are indeed here to revolutionize the dynamics of various professional domains. Despite a couple of restraints such as slow internet speed and poor connectivity, especially in the rural areas, Agriculture Drones market is expected to record outstanding growth, subject to the efforts taken by industry players to counter the constraints. The myriad benefits provided by UAVs have led to their increased adoption by the farming sector, and this in turn, is expected to change Agriculture Drones market outlook in the next few years and beyond.

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