Press release
Intelligent Agricultural Drone Market Size 2022 CAGR Status, Share, Growth Prospects, Type, Manufacturers, Segments, Development Trends
The Intelligent Agricultural Drone Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.The Global Intelligent Agricultural Drone Market Size is Projected to Reach at a CAGR of 23% during 2022-2027.
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Market Overview
The requirement of digitization was felt in every sector. The pandemic has affected the morale of farmers across the globe. The month-long slump in food crop prices has dropped the expectation of farmers for using agricultural drones. This can be attributed to adversely affected transportation systems and the lack of incomes being generated owing to the lockdown. However, the market for drones has gained momentum since the economies are operating in normal conditions amidst the COVID-19 situation. Many agritech companies came up with innovative models for easing the farming practices by focusing more on wireless platforms like drone technology to enable real-time decision making with respect to yield monitoring, crop health monitoring, field mapping, irrigation scheduling, and harvesting management, etc for enhancing the agriculture productivity.
Top Leading Companies:
Yamaha, XAG, Shenzhen High-tech New Agriculture Technology, Trimble Navigation Ltd, DJI, PrecisionHawk, Parrot SA, 3DR, AeroVironment, DroneDeploy
Recent Developments
In March 2020, AeroVironment, Inc. entered into a partnership with Draganfly (Canada) for Draganfly’s distribution of AeroVironment’s Quantix Mapper systems to commercial markets worldwide. The agreement also included the continuation of other contract engineering services provided by Draganfly to AeroVironment.
In September 2019, DJI launched P4 Multispectral, the world’s first fully-integrated multispectral imaging drone designed for precision agriculture and environmental management. P4 Multispectral combines data from 6separate sensors to measure the health of crops, from individual plants to entire fields, as well as to detect the presence of weeds, insects, and a variety of soil conditions.
In March 2019, DJI introduced a new software tool—DJI Terra—that transforms drone data into digital 3D models and maps for easy analysis and decision-making. The tool enables businesses and organizations using DJI drone technology to capture, visualize, and analyze aerial images for a wide variety of applications across the public safety, construction, infrastructure, agriculture, and film industries.
Intelligent Agricultural Drone Market Segmentation by Type:
Fixed Wing Drones
Multi Rotor Drones
Hybrid Drones
Others
Intelligent Agricultural Drone Market Segmentation by Application:
Crop Spraying
Crop Scouting
Others
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North America Dominates the Market
North America and Europe are the largest and most advanced markets with respect to the adoption of innovative technologies in the field of agriculture. As a result of declining Total Factor Productivity (TFP) in East Asia and Southeast Asia, the adoption of improved technology in agribusiness is at the center of national strategic policy goals. This is to augment food production output via enhancing cooperation between the private sector and agricultural infrastructure development. The United States is the early adopter of precision farming technologies, which is the primary factor responsible for the region’s most significant share in the global market. A considerable acceptance of modern agriculture methods by Canada is contributing to industry growth.
Regional Intelligent Agricultural Drone Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Highlights of the Intelligent Agricultural Drone Market Report:
Detailed overview of Intelligent Agricultural Drone Market
Changing the Intelligent Agricultural Drone market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Intelligent Agricultural Drone market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Intelligent Agricultural Drone Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.
The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Intelligent Agricultural Drone Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Intelligent Agricultural Drone industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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