The global Agriculture Drones market is forecasted to be worth USD 9.63 Billion by 2027, according to a current analysis by Emergen Research. The rise in demand for unmanned aerial vehicles, mainly due to the advancement in technology.
These drones are used to perform surveys on farms, and it is used to collect information, store for future purposes, and to combine and to use it for analysis. These drones are also applicable in maintaining the precision of the level of pesticides and insecticides used on the crops. They are also used to monitor the irrigation system and labor performance.
Certain factors such as a high level of awareness regarding agricultural drones, advancements in farming technology, and investments into venture funding, which boosts productivity. The growth in yield and initiative took by the government across the globe to support the market will foster the agricultural drones market.
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The primary aim of the report is to offer market overview, product scope, growth prospects, and risks. The report also offers in depth information about each player in the global Agriculture Drones Market along with its global standing, financial status, product launch, business expansion plans among others. The market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Emergen Research has segmented into global Agriculture Drones Market on the basis of component, integrant, application, and region:
Component Outlook (Revenue, USD Billion; 2017-2027)
Hardware
Fixed Wing Drones
Rotary Blade Drones
Hybrid Drones
Software and Services
Data Management Software
Imaging Software
Data Analytics Software
Others
Integrant Outlook (Revenue, USD Billion; 2017-2027)
Propulsion System
Controller System
Camera System
Frames
Navigation System
Batteries
Others
Application Outlook (Revenue, USD Billion; 2017-2027)
Crop Scouting
Field Mapping
Livestock Monitoring
Smart Greenhouse
Crop Spraying
Others
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Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Agriculture Drones market along with analysis of their business strategies, MA activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
Honeycomb Corporation, Parrot SA, Ageagle LLC, DJI Technology, AeroVironment Inc., Yamaha Motor Co. Ltd., Ursula Agriculture, Delair-Tech SAS, Trimble Navigation Limited, and PrecisionHawk, among others.
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Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Agriculture Drones market?
What are the key product types and applications of the Agriculture Drones industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Agriculture Drones market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Agriculture Drones Market by 2027?
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