Global Agricultural Drones Market 2018-2022

The global agricultural drones market size will grow by USD 1.98 billion during 2018-2022. This report offers an analysis of the market based on product (fixed-wing agricultural drones, multi-rotor agricultural drones, and hybrid agricultural drones) and geography (the Americas, APAC, and EMEA). The agricultural drones market research report analyzes the market’s competitive landscape and offers information on several companies including AeroVironment, AgEagle Aerial Systems, Delair-Tech, DJI, Parrot Drones, and PrecisionHawk.

Below are some of the key findings from the agricultural drones market research report:

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Global agricultural drones industry overview

Precision farming has been gaining immense popularity in the agriculture industry in recent years. Precision agriculture technologies are increasingly being used to monitor, map, and respond to variability in crop yields. The growing adoption of precision agriculture is resulting in the availability of large amounts of data on farm-level yield along with weather data. Agricultural drones are a crucial part of precision agriculture as they monitor crop health by using sensors and digital imaging systems and help in improving crop yield and crop health. Therefore, the growing popularity of precision agriculture will fuel the agricultural drones market growth during the forecast period.

The introduction of new agricultural drones will be one of the key trends that will drive the agricultural drones market during the forecast period. Several vendors in the market are focusing on improving their competitive advantage by introducing new products with advanced features. For instance, in December 2017, DroneAG announced the launch of its new M200 Agri Pro agricultural drone package that can be integrated with the latest generation Slantrange 3P agricultural sensor. The equipment offers rapid data processing capabilities, is weatherproof, and also has long-range ability to capture images. Therefore, the market is expected to post a CAGR of over 33% during the forecast period.

Top agricultural drones companies covered in this market research report

The agricultural drones market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this agricultural drones industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• AeroVironment
• AgEagle Aerial Systems
• Delair-Tech
• DJI
• Parrot Drones
• PrecisionHawk

Agricultural drones market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest agricultural drones market share throughout the forecast period. The rise in strategic partnerships and alliances for improving precision agriculture will drive the demand for agricultural drones in the region during the forecast period.

Agricultural drones market segmentation based on product

• Fixed-wing agricultural drones
• Multi-rotor agricultural drones
• Hybrid agricultural drones

The fixed-wing agricultural drones segment will account for the largest share of the agricultural drones market over the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the agricultural drones market size.

Key highlights of the global agricultural drones market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the agricultural drones market during the next five years
• Precise estimation of the global agricultural drones market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the agricultural drones industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of agricultural drones companies

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