Agricultural Drones are unmanned aerial vehicles (UAVs) that are used for surveying farms, and according to a recent report, the market for these drones is expected to grow at more than 27% from 2019 to 2025. These drones primarily assist by providing precision control over fertilizers and chemicals that are used for crop plantation. The technology helps farmers collect, store, analyze, and combine information so as to precisely monitor for irrigation management. The farmers are able to get proper and actual view of the fields with the help of these drones. The drones aid farmers by performing tasks that are not within the capability of a labor. It ensures lack of human errors and reduces the cost associated with those errors and assists farmers by providing them with information about potential threats like drought conditions. These drones can help out in carrying the optimization of treatments performed on crops by significantly reducing the use of fertilizers.
Agricultural drones help increase the income of farmers and ensures high return on investment. Some of the other advantages of agricultural drones include low cost operations, speedy availability of information, reduces the consumption of water, provides updated information about the processes being carried out in the farm, and the capability of accessing areas that might not be accessible by car, boat, or any other transportation means. All these advantages and much more are driving the demand for agricultural drones and is subsequently pushing the global market. The drawback associated with using agricultural drones is the possible threat of weather. Wind speed, gusts, and conditions of weather can limit the usage of these drones and thereby dampen the growth of the overall market. The market valuation is expected to reach USD 4.3 billion by the end of the forecast period.
The prominent players identified in the Global Agricultural Drones Market are: Avular Bv (Netherlands), Yamaha Motor Company (Japan), Da-Jiang Innovations Science & Technology Corporation Ltd (China), Resson Aerospace Corporation (Canada), 3D Robotics (California), Aero Vironment Inc. (U.S.), Effidence (France), Precisionhawk (U.S.), Aeryon Labs (Canada), Blue Sky Agro (India), Draganfly Innovations (Canada), and others.
The global Agricultural Drones Market has been segmented on the basis of application and component.
By component, the market comprises software and hardware segments. The hardware segment narrows down into hybrid, fixed wing, and rotary blade. While the software segment breaks down into imaging software, data management, and data analysis. Rotary blades are significantly easier to operate and possess the ability to fly in a much more precise manner, even in difficult conditions and where the turns are sharp. These drones are highly popular as they are easy to operate even for inexperienced users.
By application, the market includes crop scouting, field mapping, crop spraying, variable rate application, agricultural photography, and livestock.
The global agricultural drones market includes the following geographies in its study: Asia Pacific, Europe, Americas, and the Rest of the World (RoW). North America is identified in the global landscape as the fastest growing regional market. The region is much more established and is prepared to make smarter decisions in questions related to crop production like which plants hold more nutrients, where to harvest, which plant needs more and less water, etc.
However, the global agricultural drones’ market is spearheaded by Europe and is expected to remain the same in the coming years. This is due to the increasing awareness among farmers concerning this technology. The farmers herein are willing to attend various agricultural shows that make them realize about some of the latest technologies and innovations that they can use for effective agriculture and farming.