Agricultural Drones Market Growing at 27% CAGR With Global Key Players – Yamaha, Da-Jiang Innovations Science & Technology, Aero Vironment, 3D Robotics, Aeryon, Effidence, Resson Aerospace

Agricultural Drones Market 2018: Global Industry Analysis, Market Size, Share, Growth and Opportunity Assessment, Segmentation By Component (Hardware, Software), By Application (Field Mapping, Crop Scouting, Variable Rate Application, Crop Spraying, Livestock, Agricultural Photography) | Outlook to 2022

Market Scenario:

Agricultural drones are unmanned aerial vehicles (UAV) which are used to survey farms. These drones assist in precision control over chemical and fertilizers used for plantation of crops. The drone technology helps farmers to collect information, store, combine together and analyse it to monitor the irrigation management. Farmers get actual view of fields through these drones.

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Agricultural drones help farmers by doing things which are unable to perform by labor. Reduced costs of human errors and assisting farmers to react immediately to threats like drought conditions are the major drivers for the growth of agricultural drones market. These drones assist farmers to increase their income and get returns on investment which is also one of the driving factor for the growth of agricultural drones in the market.  The  advantages  of  agricultural  drones  include  quick  availability  of  information, low-cost operations and can access the areas which are not accessible by car and boat. The drawback of using agricultural drones is that these drones can be limited by weather conditions such as wind speed and gusts.

Agricultural drones market is segmented on the basis of component and application .The component segment consists of hardware and software sub-segments. The hardware segment includes fixed-wing, rotary blade and hybrid. The software segment includes data management, imaging software and data analysis. The application segment consists of field mapping, crop scouting, variable rate application, crop spraying, livestock and agricultural photography.  By component segment, fixed-wing drones show highest growth rate as these drones can spend more time in air. These drones are best suited for surveillance of large open spaces. These drones have more capacity to carry weight and have more sensors than any other drones.

The Agricultural Drones Market is expected to grow at approx. USD 4.3 Billion by 2022, at approx. 27% of CAGR between 2016 and 2022.

Key Players:

The prominent players in the agricultural drones market are Yamaha Motor Company (Japan), Da-Jiang Innovations Science & Technology Corporation Ltd (China),  Aero Vironment Inc. (U.S.), Avular Bv (Netherlands), Resson Aerospace Corporation (Canada), Effidence (France), Aeryon Labs (Canada), 3D Robotics (U.S.), Draganfly Innovations (Canada), Precisionhawk (U.S.), Blue Sky Agro (India), among others.

Intended Audience

  • Agricultural drone manufacturers
  • Agricultural ministry
  • End users
  • Technology investors
  • Government institutions
  • Drone analysts
  • Consultancy firms

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Agricultural Drones Market Segmentation

Agricultural drones market is segmented on the basis of component and application .The component segment consists of hardware and software sub-segments. The hardware segment includes fixed-wing, rotary blade and hybrid. The software segment includes data management, imaging software and data analysis. The application segment consists of field mapping, crop scouting, variable rate application, crop spraying, livestock and agricultural photography. By component segment, rotary blade drones are faster to set up in the field and can take off and land easily. These drones are easy to operate and have ability to fly more precisely in conditions where the turns are sharp. These drones are easy to operate for inexperienced users to make drones take off and land easily. 

Agricultural Drones Market by Component:

  • Hardware
    • Fixed-wing
    • Rotary blade
    • Hybrid
    • Others 
  • Software
    • Data management
    • Imaging software
    • Data analysis
    • Others

Agricultural Drones Market by Application:

  • Field mapping
  • Crop scouting
  • Variable rate application
  • Crop spraying
  • Livestock
  • Agricultural photography
  • Others

Market Research Analysis:

Agricultural drones market is expected to revolutionize the future of the world in the forecast period.

These drones are used in precision agriculture which carry out optimization of treatments done on crops by reducing the use of fertilizers to half percent. The advantages of using drones is that it reduces water consumption, labor and material costs and provides up-to-date information about the processes carried out and field status.

Regional analysis for agricultural drones market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. North America market is identified as fastest growing market in order to make smarter decisions in production of crops such as where to harvest, which plants need more nutrients, which areas need more water and which need less. Europe is dominating the market for the use of agricultural drones due to the awareness among farmers to attend agricultural shows that help them realize the GPS devices installed in tractors to carry out target crop treatments with precision and accuracy.

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