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Agricultural Drones Market to Observe Highest Growth of USD 2.1 Billion with Growing CAGR of 4.9% by 2031

03-03-2023 03:00 AM CET | IT, New Media & Software

Press release from: Global Insight Services

agricultural drones

agricultural drones

The global agricultural drones market was valued at USD 1.3 Billion in 2021 and it is anticipated to grow up to USD 2.1 Billion by 2031, at a CAGR of 4.9% during the forecast period.

A drone is an unmanned aircraft that can be controlled remotely or by an onboard computer. Agricultural drones are a type of drone that is used for agricultural purposes, such as crop mapping, crop spraying, and crop monitoring. Drones can be used to map crops and track their growth. This information can be used to optimize irrigation and fertilizer use. Drones can also be used to spray crops with pesticides or herbicides. This can help save time and money by reducing the need for manual labor. Drones can also be used to monitor crops for signs of pests or disease. This information can be used to take corrective action to prevent crop loss. Agricultural drones offer many potential benefits to farmers. They can help save time and money while improving crop yields.

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Key Players
AeroVironment, Inc.
AgEagle Aerial Systems, Inc.
America Robotics
DJI
Israel Aerospace Industries
Microdrones
Parrot Drones
PrecisionHawk
Trimble Inc.
Yamaha Motor Corp.

Read more about Agricultural Drones market here: https://www.globalinsightservices.com/reports/agricultural-drones-market/

Global Agricultural Drones Market Segmentation
By Product
• Hardware
• Software

By Application
• Field mapping
• Precision Agriculture
• Crop Scouting
• Irrigation
• Smart Greenhouse
• Others

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Market Trends and Drivers
The agriculture sector is focused on developing nowadays by using more sophisticated and technologically advanced machinery. The agricultural drone is an autonomous flying cart with the ability to monitor crop development and increase crop yield. Smart sensors and digital imaging capabilities included in the cutting-edge equipment let farmers monitor their fields from a higher vantage point and avoid complications like fungal and insect infestations, irrigation problems, soil changes, and other challenges. Due to the development of sophisticated software solutions for data analytics and field service, favorable government policies and incentives to promote the agricultural sectors, and rising consumer awareness of the advantages of agricultural drones, the market for agricultural drones is anticipated to grow at a significant CAGR over the forecast period.

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• 10-year forecast to help you make strategic decisions
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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust and transparent research methodology, and superior service.

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