The agricultural drones industry is
expected to grow with a tremendous growth rate due to rapid growth in digital
agriculture and its related technologies such as yield mapping, GPS guidance
systems, soil management, and remote analysis. Agriculture drones are cheaper
and smaller drones that have highly efficient and advanced sensors with high
imaging capabilities. The demand continues to grow as the cost
of drones fall and drone software in agriculture is becoming
increasingly sophisticated. Agricultural drones can help farmers to get more
from the land by using resources and offer a better understanding of the health
of the plants. It also helps to resolve several issues such as irrigation
problems, soil variation, and pest and fungal infestations and can assist in
assessing crop growth and production. However, agricultural drone shows timely
changes such as, daily, or even hourly in crop and identify trouble spots with
help of this, farmers can attempt to improve crop management and production.
Furthermore, as measures to control
the outbreak of coronavirus have augmented, the demand for Agricultural drones has
momentarily increased. Additionally, as the recent outbreak is also creating
supply disruptions in the market owing to the unavailability of labor for
agricultural work and restrictions on transportation and movement of people,
several farmers are shifting towards technology to adapt to the rising needs. Infinium
Global Research’s recent report on the “Agricultural
Drones Market (By Type (software, and hardware), By Component (frame, camera
system, controller system, battery, propulsion system, and navigation system),
By Applications (variable rate application (VRA), crop scouting, livestock,
field mapping, and agriculture photography)): Global Industry Analysis, Trends,
Size, Share and Forecasts up to 2026” provides a comprehensive outline of
the factors responsible for the growth of the market.
Field Mapping Application Segment to Dominate the Agricultural Drones Market
Drone technology is useful for a
variety of applications in agriculture, such as providing quick and easy access
to remotely check small sections of crops, inspecting new field locations, and
surveying entire fields. The benefits offered by agricultural drones such as increased
productivity, permitting for improved agricultural adaptation to the effects of
climate change and effective monitoring crops are anticipated to increase its
demand in the field mapping application. Drones also help farmers in taking
pictures of their fields and provide crop and soil data for better
understanding and assisting crop management. Further, the IoT uses
sensors to supplement images of the agriculture field from above which in turn
helps using the analytics to understand the changes in the crops. Furthermore,
usage of digital agriculture has brought a significant reduction in manual dependency
in farming which was one of the bigger challenges for the large farmers. The
report on the “Global Agricultural Drones market” offers an in-depth analysis
of the segments such as Usage (Disposable PAPRs and Reusable PAPRs), Type
(Face-mounted PAPRs and Belt-mounted PAPRs) and End-users (Healthcare,
Pharmaceuticals, Food and Beverages, Gas & Oil Manufacturing, Defense &
Public Safety Services.
North America to be the Dominant Region in Agricultural Drone Market
Geographically,
North America generated the largest revenue in the
in 2019 and is expected to continue its dominance over the forecast years. The U.S. is the largest consumer of agriculture drones in the North America region. Rising preferences for mechanized farming among the farmers and growing adoption of technologically advanced equipment for crop management will drive the market growth. However, the Asia Pacific region is anticipated to witness significant growth over the forecast period owing to the increasing demand for cost-effective farming technologies.
Companies Operating in Agricultural Drone Market to Ramp Up Production Amidst COVID-19 to Meet the Rising Demands
The
agricultural drone market is moderately competitive with the presence of
several multinational and regional players. The major player such as Yamaha
Motor Corporation (precision agriculture), DJI, GoPro, BlueSky, and Aeryon Labs
is continuously focusing on technological development and facilitate other
organic and inorganic strategies to gain a competitive edge in the market.
Agricultural drones provide in-depth monitoring and offer live data from a
range of sensors which helps in cutting down workforce requirements. Further,
these manufacturers are focusing on having a strategic merger and acquisition
to gain competitive market share. Infinium Global Research’s recent report on
the global Agricultural Drones Market is an encompassment of such recent developments
in the global marketplace. The report delivers insights into the recent
developments by leading players that have contributed to the growth of the
market and also estimates the impact of recent developments in the global market.