Agricultural Drones Market Forecast Report 2020 – 2030 – Top Key Players Analysis

Agricultural drones: Introduction

A major technological advancement, in recent times, is in the area of unmanned aerial vehicles, more popularly known as drones. Originally developed for aerospace and military purposes, drones nowadays have found their way into various sectors, agriculture for instance, due to their enhanced levels of safety and the efficiency they provide. An increase in automation and attention to detail given by the drones, in farming, is one the main reasons farmers adopting them. Agricultural drones provide many advantages and features such as monitoring crop and soil data, seed planting, crop management amongst many others which ultimately contribute towards improving productivity by efficiently using fertilizers, water and soil. Different types of agricultural drones also have the ability of determining overall crop and plant health, land distribution, crop lifecycle amongst thereby maximizing yield and understand crop planting locations.

Agricultural development is one of the most essential and powerful tool to diminish poverty and to feed the growing population of the world which is expected to reach 9.7 billion people by the end of 2050. Drones provide an alternative to lack of skilled workers, heavy equipment and other expensive tools required in the field. Agricultural drones have the ability of spraying chemicals almost 40 – 60% better than humans and thereby save on the resources too.

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Agricultural drones: Market Drivers and Challenges

The crop yield of rice, white and maize are reduced in warmer climates due to the thriving of insects is an important factor driving the growth of agricultural drones market. The unavailability of skilled labor in fields, is spurring farm owners to invest in agricultural drones to achieve reduced lead time in activities such as crop surveillance and seeding, etc. as compared to manual labor. The requirement of agricultural drones has been considered to be paramount in case of large acreage field management. Furthermore, remote and perennial monitoring of the agricultural site with the aid of various different features such as infrared cameras, propulsion systems, GPS, customizable controllers and flight planning will advocate the usage of agricultural drones to higher degree.

Agricultural drones generate a plethora of data, hence burdening farm owners to make use of the same. Collection of data, analyzing it and reviewing it to derive insightful information from the same cost a lot aside from the actual cost of the drone. Most agricultural drones do not have the ability to infiltrate dense crops and foliage, only flying overhead therefore missing out on other insects which may go overlooked. Weed and rotten crop are detected by drones, however ground-based technologies provide a better solution to clean them rather than overhead drones. Most important of all, agricultural drones, with high precision cameras and other features, have a high cost range, therefore making it inaccessible for most of the farmers.

However, with the product being launched in recent times has been relegated to only regional markets of high capita spend on agricultural equipment in certain countries. The investment costs coupled with low level of product awareness and adoption in the larger base of geographical regions across the globe is currently a restraint to the growth of agricultural drones market. This scenario is expected to transcend towards greater degree of penetration in emerging markets, provided the vendors offer economic solutions for the agriculturists.

Impact of COVID-19 on Agricultural drones market

The pandemic has disrupted most of the manufacturing and global supply chains, preventing agricultural drone manufacturers to procuring raw materials and various components essential for the assembling an agricultural drone. However, several countries imposing lockdowns and under strict social distancing norms labor availability has reduced only to boost the demand of agricultural drones even further. Most importantly, covid-19 has also exerted a shock on the global food demand, lowering purchasing power, thereby causing a deterioration in the global agricultural sector and also the agricultural drones market.

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Agricultural drones: Market Segmentation

On the basis of product type, the global Agricultural drones market can be segmented into the following:

Hardware
Fixed Wing
Rotary Blade
Hybrid
Software
Imaging
Data Management
Data analyzing
On the basis of application, the global Agricultural drones market can be segmented into the following:

Smart Greenhouse
Precision agriculture
Irrigation
Livestock Monitoring
Spraying
Scouting
Field Mapping
On the basis of farm produce, the global Agricultural drones market can be segmented into the following:

Fruits & Vegetables
Dairy
Field Crops
On the basis of range, the global Agricultural drones market can be segmented into the following:

Visual Line of Sight
Beyond visual line of sight
Agricultural drones: Regional Market Outlook

North America accounts for the highest demand of high quality crops, increasing automation and growing cost of labor, which will increase the sales of agricultural drones even further. North America is also not prone to strict regulations against usage of drones in agriculture. However due to large fields, growing population and risen food demand in the Asia – Pacific region is a more favorable region which could account for a higher growth in the agricultural drones market.

Agricultural drones: Key Market Players

Major market participants in the global Agricultural drones market identified across the value chain include:

PrecisionHawk
Trimble Inc
AeroVironment, Inc
Yamaha Motor Corp.
DroneDeploy
Sentara Inc
Delair
The Agricultural drones research report presents a comprehensive assessment of the Agricultural drones market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Agricultural drones research report provides analysis and information according to market segments, such as geographies, application, and industry.

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The Agricultural drones report covers exhaustive analysis on:

Agricultural drones Market Segments
Agricultural drones Market Dynamics
Agricultural drones Market Size
Agricultural drones Supply & Demand
Current Trends/Issues/Challenges in the Agricultural drones market
Competition & Companies involved in the Agricultural drones market
Agricultural drones Technology
Value Chain of market
Agricultural drones regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico, Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The Agricultural drones global report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Agricultural drones report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Agricultural drones Report Highlights:

Detailed overview of parent market of the market
Changing the market dynamics in the industry
In-depth Agricultural drones market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments in Agricultural drones
Agricultural drones market competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
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