The Global Agricultural Drones Market is expected to reach $ 15 billion by 2023 and is forecasted to grow at a CAGR of more than 9% during 2018 to 2023

HYDERABAD, TELANGANA, INDIA, August 13, 2018 /EINPresswire.com/ -- According to the new market research report by IndustryARC titled “Agricultural Drones Market By Rotor Type, By Battery Life, By Applications & Geography – Forecast (2018 - 2023)”, the market growth will be enhanced by the growing trends of automated farming practices worldwide.

North America will dominate the Agricultural Drones Market

North America will dominate the Agricultural Drones Market in the forecast period. This is due to the implementation of UAVs for enhanced productivity. The increasing awareness of precision agriculture for field mapping and crop scouting has compelled the farmers to use UAVs in the farming. Asia Pacific will record the highest growth in the future due to the increasing technological access in the rural parts of the region and innovations in the farming practices. The increased venture funding for the UAV manufacturers in Asia Pacific has also boosted the growth of the agricultural drone technology. Different companies in the region are manufacturing economical UAVs for more applications in the agricultural fields.

Selected Regulatory Analysis Done in the Full Report:

The field mapping application segment dominates the agricultural drones market. Benefits, such as, increasing the yields by analysing the crops will fuel the field mapping application segment. Drones can spray fertilizers without disturbing the soil fertility. This factor propels the growth of the crop scouting segment. Normalized Difference Vegetation Index (NDVI), with respect to crop scouting, contributes to the growth of the market. NDVI uses infrared sensors to monitor the progress of the crop and capture the data that cannot be captured by the human eye.

Hybrid UAVs will have the highest growth in the coming years due to their ability of covering long distances over the fields. Economical navigation and visualisation, which includes inspection and mapping assists the farmers in monitoring their fields.

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Selected Driving Factors Mentioned in the Full Report

The Internet of Things is a launch pad for the drone sensors. This factor drives the demand for drone aerial spraying in the forecast period.
The popularity of agricultural drone technology has increased among farmers due to its vast applications.
Quick availability of information and low cost operations will enhance the growth of the UAV sprayer.
Ability of the agro drones in monitoring farm and weather conditions will boost their growth in the future.


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Key players of the Agricultural Drones Market

The key players which dominate the agricultural drones market include 3D Robotics, DJI, Precision Drones, Ageagle LLC, Agribotix LLC, and 10+. 3D Robotics offers Solo is a motion control drone and Site Scan is a cloud connected mobile application for autonomous inspections. DJI has created a new version of the Phantom 4 Pro drone, known as Phantom 4 Pro V2.0. Ageagle LLC manufactures unmanned aerial vehicles. Its products are AgEagle RX-60 and RX-48 Systems. Agribotix LLC provides drone-enabled technologies for agricultural applications.


The Agricultural Drones Market is Segmented as Below:

The increase in funding for unmanned aerial vehicle manufacturers and the growing awareness about the benefits among farmers will boost the demand for the agricultural drones.

A. Agricultural Drones Market By Rotor Type
1. Fixed Wings Agricultural Drones
2. Rotary Wings Agricultural Drones
3. Hybrid Wings Agricultural Drones

B. Agricultural Drones Market By Battery Life
1. Crop Analysis Applications
2. Field Mapping Applications
3. Agricultural Photography
4. Others

C. Agricultural Drones Market By Applications
1. Crop Analysis Applications
2. Field Mapping Applications
3. Agricultural Photography
4. Others

D. Agricultural Drones Market By Geography (covers 17+ countries)

E. Agricultural Drones Market By Entropy

F. Company profiles
1.3D Robotics
2. DJI
3. Precision Drones
4. Honeycomb Corporation
5. Ageagle LLC
6. Agribotix LLC
7. Yamaha Motor Co., Ltd.
8. Delair-Tech SAS
9. Trimble Navigation Limited
10. HUVRData, LLC
11. Parrot SA

G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.

Related Report:
1. UAV Drones Market
https://industryarc.com/Report/18181/uav-drones-market.html

2. Small Drones Market
https://industryarc.com/Report/15083/small-drones-market.html

What can you expect from the report?

The Agricultural Drones Market Report is prepared with the main agenda to cover the following 20 points:

1. Market Size by Product Categories
2. Market trends
3. Manufacturer Landscape
4. Distributor Landscape
5. Pricing Analysis
6. Top 10 End user Analysis
7. Product Benchmarking
8. Product Developments
9. Mergers & Acquisition Analysis
10. Patent Analysis
11. Demand Analysis (By Revenue & Volume)
12. Country level Analysis (15+)
13. Competitor Analysis
14. Market Shares Analysis
15. Value Chain Analysis
16. Supply Chain Analysis
17. Strategic Analysis
18. Current & Future Market Landscape Analysis
19. Opportunity Analysis
20. Revenue and Volume Analysis

Frequently Asked Questions:

Q. Does IndustryARC publish country, geography or application based reports in Agricultural Drones?
Response: Yes, we do have separate reports and database as mentioned below:

1. Agricultural Drones Market (2018-2023)
2. Europe Agricultural Drones Market (2018-2023)
3. Asia Pacific Agricultural Drones Market (2018-2023)
4. North America Agricultural Drones Market (2018-2023)
5. Rest of the world Agricultural Drones Market (2018-2023)
6. Crop Analysis Agricultural Drones Market (2018-2023)
7. Field Mapping Agricultural Drones Market (2018-2023)

Q. Does IndustryARC provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization:

1. Increase the level of data in application or end user industry.
2. Increase the number of countries in geography or product chapter.
3. Find out market shares for other smaller companies or companies which are of interest to you
4. Company profiles can be requested based on your interest.
5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.

Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

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https://industryarc.com/subscription.php

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Mr. Venkat Reddy
Sales Manager
Email: venkat@industryarc.com
Contact Sales: +1-614-588-8538 (Ext-101)

About IndustryARC:

IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences &Healthcare.

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