Global Agriculture Drones Market By Type (Hardware (Fixed wing, Rotary Blade and Hybrid) and Software (Data Management, Imaging Software, Data Analysis and Others)), By Component (Frames, Controller systems, Battery, Propulsion systems and Others), By Application (Crop spraying, VRA and Others), By Region, By Company, Competition, Forecast & Opportunities, 2026
New York, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Agriculture Drones Market By Type, By Component, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2026" - https://www.reportlinker.com/p06020652/?utm_source=GNW
The Global Agriculture Drones Market is anticipated to grow at CAGR of over 25% during the forecast period, due to the rising demand for quality food crops to serve the growing global population.Increasing investments in the agriculture drones and rising awareness about efficient farming using field survey and data analytics is expected to drive the agriculture drones market until 2026.
In terms of component, camera is expected to grow at the highest CAGR during the forecast period as it is the key component of the drone. Additionally, application specific cameras are used for different purposes such as hyperspectral camera is used for identifying weed.
Based on the application, the market has been segmented into crop spraying, field mapping, variable rate application (VRA), crop scouting, livestock, agriculture photography and others.The crop spraying application segment is forecast to grow at the highest rate during the forecast period owing to the precise spraying of the fertilizers without disturbing the fertility of the soil.
Regionally, North America acquired the dominant share in the Global Agriculture Drones Market owing to the early adoption of drones in farming and presence of major players in the region. In Asia Pacific, countries including India, China, Japan and Australia are expected to drive the agriculture drones market due to high investment in R&D and increasing initiatives to deploy drones.
Some of the leading players in the Global Agriculture Drones Market are SZ DJI Technology Co., Ltd., Ursula Agriculture Limited, Agribotix LLC, Eagle UAV Services, Parrot SA, PrecisionHawk, Inc., Aerovironment Inc., DroneDeploy, Inc., Honeycomb Corporation, 3DR Ltds, among others. Key players operating in the Global Agriculture Drones Market are using inorganic and organic strategies to increase their market share.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022–2026
Objective of the Study:
• To analyze and forecast the market size of the Global Agriculture Drones Market, in terms of value and volume.
• To classify and forecast the Global Agriculture Drones Market based on type, component, application and regional distribution.
• To identify drivers and challenges for the Global Agriculture Drones Market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Agriculture Drones Market.
• To conduct the pricing analysis for the Global Agriculture Drones Market.
• To identify and analyze the profile of leading players operating in the Global Agriculture Drones Market.
The analyst performed both primary as well as exhaustive secondary research for this study.Initially, the analyst sourced a list of manufacturers across the globe.
Subsequently, the analyst conducted primary research surveys with the identified companies.While interviewing, the respondents were also enquired about their competitors.
Through this technique, the analyst could include the manufacturers which could not be identified due to the limitations of secondary research. The analyst examined the service offerings, distribution channels and presence of all major manufacturers across the globe.
The analyst calculated the market size of the Global Agriculture Drones Market by using a bottom-up approach, where the data for various application across various technology were recorded and forecast for the future years. The analyst sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size.
Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by the analyst.
Key Target Audience:
• Agriculture drones manufacturers and other stakeholders
• Government bodies such as regulating authorities and policy makers
• Organizations, forums and alliances related to agriculture drones market
• Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturer and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
In this report, the Global Agriculture Drones Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
• Global Agriculture Drones Market, By Type:
• Global Agriculture Drones Market, By Component:
o Controller System
o Propulsions System
o Navigation System
• Global Agriculture Drones Market, By Application:
o Crop spraying
o Field mapping
o Variable rate application (VRA)
o Crop scouting
o Agriculture photography
• Global Agriculture Drones Market, By Region:
o Asia Pacific
o North America
o South America
o Middle East and Africa
Company Profiles: Detailed analysis of the major companies present in the Global Agriculture Drones Market.
With the given market data, we offers customizations according the company’s specific needs. The following customization options are available for the report:
• Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
• Profit margin analysis in case of direct and indirect sales channel.
Read the full report: https://www.reportlinker.com/p06020652/?utm_source=GNW
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