Press release
Agricultural Drones Market with top players & Technological Advancement Facilitating Market Growth : Include Covid-19 impact Analysis
Overview of Agricultural Drones MarketA comprehensive evaluation of the Agricultural Drones Market has been presented in the report for the forecasted period 2019 to 2025. In order to get a deep insight into the market, a wide range of segments have been covered in the report along with the thorough analysis of the key trends and the factors that impact the market. The main highlight of the report includes the key factors that impact the Agricultural Drones Market market, the market dynamics, major drivers, restraining factors, and the opportunities and threats that arise in the market. The intrinsic factors that have been identified are restraints and drivers. The identified threats and opportunities are the extrinsic factors that exist in the market setting. The thorough study provides an insight into the market development in terms of the revenue generation capacity during the forecasted period.
Agriculture is considered as a prime area of potential growth in the drone industry because of the technology’s ability to help survey crops and gather real-time information on farmland. Crop-spraying drones are suitable for all kinds of complex terrain, crops and plantations of varying heights. In addition, precise and accurate crop spraying ensures the best coverage and application of fertilizers or pesticides on lands. Agricultural drones are anticipated to account for a significant and ever-growing portion of the overall agricultural drones industry in the next decade. GMD predicts the global agricultural drones or UAVs market to grow phenomenally at 37.1% per annum by unit shipment, and 28.9% yearly on average by annual sales revenue generated from agricultural UAV hardware, drone software and servicing section over the next decade (2019-2025).
Global Agricultural Drones Market 2019-2025 by System Segment, Application, Product Type, and by Region examines the global agricultural drones market through a comprehensive research and profound analysis of premium information sources with inputs derived from industry professionals across the value chain. After reviewing global economic environments and global agricultural sector, this report provides a detailed analysis of market structure, market trends, market forces, and market segments. Qualitative market analyses include identification and investigation of market structure, market outlook, growth drivers, restraints and challenges, emerging market trends/opportunities, Porter’s Fiver Forces, M&A landscape as well as fundraising trends.
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The report quantifies global agricultural drones market from perspectives of UAV system segment, agri-drone application, rotor type, and region.
Based on UAV system segment, the global market is segmented into the following three sections:
• Drones Hardware (frame, controller system, propulsion system, sensors, cameras, etc.)
• Drones Software (imaging software, GPS, GIS, etc.)
• Service (cloud service, integration, engineering, and management)
By application field of agricultural drones, the following key segments of the market are studied:
• Crop Spraying
• Field Mapping
• Pest Control
• Seeding
• Livestock Management
• Others
On basis of rotor type or lifting technology, the global market is segmented into four sections:
• Fixed-Wing Drones
• Multi-Rotor Drones
• Single-Rotor Drones
• Hybrid-Rotor Drones
Geographically, the following five regions are fully investigated:
• APAC
• Europe
• North America
• Latin America
• RoW
Global data is available for annual shipment and annual revenue generated from agricultural drones in each sub-market over the duration of 2019-2025. Specific analysis and forecast of annual shipment and sales revenue over 2019-2025 are performed for 14 important national markets including U.S., Japan, Germany, South Korea, Australia, China, and UK. North America is expected to maintain the largest regional market due to substantial R&D investment and higher penetration rate of UAVs over the next decade. Asia-Pacific region will witness the strongest growth owing to the untapped market and accelerating adoption of agricultural drones.
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Companies Mentioned
3D Robotics (US)
AeroVironment, Inc. (US)
Aeryon Labs (Canada)
AgEagle Aerial Systems Inc. (US)
Agribotix LLC (US)
Airware, Inc. (US)
Ascending Technologies GmbH (Germany)
AutoCopter Corp. (U.S.)
Boeing (US)
Dajiang Innovation Technology Inc. (DJI) (China)
Delair-Tech (France)
Draganfly Innovations (Canada)
Dreamhammer, Inc. (US)
DroneDeploy (U.S.)
Eagle UAV Services (U.S.)
General Atomics Aeronautical Systems (US)
GoPro, Inc. (US)
HoneyComb Corporation (US)
Hubsan Technology Co., Ltd. (China)
HUVRData, LLC (US)
Israel Aerospace Industries (Israel )
Marcus UAV Inc (US)
Northrop Grumman Corporation (US)
Precision Drone (US)
PrecisionHawk (US)
Proxy Technologies (US)
Schiebel (Austria)
senseFly (Switzerland)
Skycatch Inc (US)
Trimble Navigation Ltd. (US)
URSULA Agriculture (U.K.)
Yamaha Motor Co., Ltd. (Japan)
Agricultural Drones Market : Research Methodology
Agricultural Drones Market research methodologies comprise primary research, secondary and expert panel reviews. Secondary research consists of the following sources: company annual report, research papers, and press releases, as documented in the industry. For further understanding, the following have been considered: Industry magazines, trade journals, government websites, and associations since they also contain vital information that can be useful during the study period. If all these sources are efficiently used to gather information about the industry, then the Agricultural Drones Market market achieves its goals in the study, which is most likely to expand its territory in the market.
Primary research has been the best way during the study, as it involves things like; telephone conversations that can be either as interviews or creation of appointments between the Agricultural Drones Market researchers and market players. Questionnaires are also used, and this can also be sent as emails or distributing them to the people for question and answer moments. Lastly, there is a face-to-face interaction between the researchers and the market players. This has been the most effective way the two parties involved engage in one on one question and answer sessions. At primary research, the engagement always leaves both Agricultural Drones Market research and the market players convinced of the way forward for the betterment of the industry. Primary research enhances discussion on essential factors such as market trends, size, competitions involved has to be done on an ongoing basis with industry experts, to understand the existing market.
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