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Global Agriculture Drone Market to grow at 13% CAGR
from 2017 to 2024: Fractovia.org
The global Agriculture Drone Market share report provides numbers for applications
and regional segments of the industry covering historical as well as forecast data for
decision makers.
Agriculture drone market is slated to cross a billion-dollar mark in the coming seven
years with more number of farmers around the world adopting the drone technology
to enhance the productivity and efficiency of their land, water, and fertilizers. This
upgraded technology uses automated process to enhance the overall productivity. The
drones are embedded with cameras that offer in-depth real-time data of the crop health
that enables better monitoring and crop management. In addition, venture investments
in UAV (Unmanned aerial vehicle) startups is expected to provide further growth
opportunities for the overall industry.

Among the various applications of agriculture drone market, field mapping led the
application landscape in 2016. Growing demand for increasing the productivity by
analyzing and monitoring the crops are anticipated to fuel the agricultural drones
industry size in field mapping applications. Another prominent application which will
witness lucrative growth opportunities in the coming years is crop scouting. Demand
for proper utilization of fertilizers and pesticides by reducing its wastage due to over
spraying is propelling crop scouting applications in agro-based economies.
Introduction of NDVI (normalized difference vegetation index) related to crop scouting
is expected to boost further penetration of agricultural drones industry in the coming
time frame. Additionally, federal rules promoting implementation of upgraded
technologies in the agricultural sector along with increasing financial support for UAV
(Unmanned Aerial Vehicle) are factors playing a pivotal role in changing the overall
market dynamics.
Geographically, U.S alone covered 30% of global agriculture drone market in 2016, in
terms of revenue. Growing implementation of smart agricultural drones such as UAVs
for enhancing the crop yield is driving the regional market. Spreading awareness for
improvised precision agriculture is pushing the farmers to implement UAVs for field
mapping as well as crop scouting. It is undoubtedly the major revenue pocket for North
America market.
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Europe Agricultural drones industry will also witness substantial growth, driven by the
increasing manufacturing of UAVs and favorable government initiatives pertaining to
the agricultural sector in this region. Venture capitalists are getting interested in these
startups as the return on investments is huge. Renowned companies who are leading
the trend include Syngenta, Monsanto, Mitsui, and DGI. Asia pacific is also expected
to mark a footprint in the global market in the years to come, owing to the increasing
number of research activities to broaden the application of these hi-tech drones in the
agricultural industry.
Europe Agricultural Drones Market Size, by Product, 2016 & 2024 ($ Mn)

Considering the product front, the agriculture drone market is majorly bifurcated into
hardware and software. Hardware agricultural drones industry is further segmented
into fixed wing, hybrid, multirotor, and nano-UAVs. Fixed wing market led the industry
share in 2016, by accounting for almost 70% of the total market. Its ability to perform
long distance tasks and carry heavy pay loads allows it to be the most preferred choice
for farmers. Software solutions provide optimized real-time data that help the farmers
to properly monitor and inspect the current condition of the fields which finally boosts
the productivity.
Expansion of regional base and strategic collaborations are the key strategies adopted
by the market players to proliferate their economic position. Prominent agricultural
drones industry participants include 3D Robotics, PrecisionHawk, and AeroVironment,

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Report Content of Agriculture Drone Market:

Chapter 1. Methodology and Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definition and forecast assumptions
1.2. Data Sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Agricultural drone industry 3600 synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Application trends
2.1.4. Regional trends
Chapter 3. Agricultural Drone Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Vendor matrix
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3.4. UAV vs. manned aircraft/satellite
3.5. Drone advantages over other aerial imaging systems
3.6. Technology & innovation landscape
3.6.1. UAV industry overview
3.6.2. Multispectral camera
3.6.3. Infrared camera
3.6.4. Thermal camera
3.6.5. LiDAR camera
3.6.6. High resolution camera
3.6.7. Navigation system
3.6.8. GPS
3.6.9. Geographic Information System (GIS)
3.7. Regulatory landscape
3.7.1. U.S.
3.7.1.1.

FAA

3.7.1.2.

TSA

3.7.2. EU
3.7.2.1.

EASA

3.7.3. China
3.8. Industry impact forces
3.8.1. Growth drivers
3.8.2. Industry pitfalls & challenges
3.9. Growth potential analysis
3.9.1. Business models
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3.10.

Porter's analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Internal rivalry

About Fractovia.org
Fractovia.org is one of India's leading in-house and free news portal. It is fully
automated, and operates on a constant premise, interfacing with news sites and
offering redesigned breaking features to readers across the globe. Our mission is to
offer individuals opportunities for connections with news writers and distributors which
they can pursue. We operate by mapping articles pertaining to breaking news,
constantly and progressively, against a pre-determined word-based theme, offering
important connections to readers and clients, as well as distributers.

Contact Us:

Arun Hegde
Corporate Sales, USA
Fractovia.org
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@fractovia.org
Website: https://www.fractovia.org
Connect with us: Facebook | Twitter

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