Agriculture Drones Market - PowerPoint PPT Presentation

About This Presentation

Agriculture Drones Market


Agriculture Drones Market by Offering (Hardware and Software & Services), Application (Precision Farming, Livestock Monitoring, Precision Fish Farming, and Smart Greenhouse), Component, and Geography – PowerPoint PPT presentation

Number of Views:112
Slides: 7
Provided by: marketreports


Transcript and Presenter's Notes

Title: Agriculture Drones Market

MarketsandMarkets Research Private Ltd.
Agriculture Drones Market worth 4.8 billion by
2024 with a growing CAGR of 31.4
According to the new market research report
"Agriculture Drones Market by Offering (Hardware
and Software Services), Application (Precision
Farming, Livestock Monitoring, Precision Fish
Farming, and Smart Greenhouse), Component, and
Geography - Global Forecast to 2024" the
agriculture drones market is expected to grow
from USD 1.2 billion by 2019 to USD 4.8 billion
by 2024 at a CAGR of 31.4. A few key factors
driving the growth of this market are increase in
venture funding for the development of
agriculture drones, and availability of software
solutions for field survey and data
analytics. Browse gtgt 62
Market data tables 35
figures 157 pages and
in-depth TOC on Agriculture Drones Market
agriculture-drones-market-23709764.html Early
buyers will receive 10 customization on this
report. https//
Hardware to hold larger share of agriculture
drones market during forecast period Hardware is
expected to account for a larger share of the
agriculture drones market during the forecast
period. Drones can take aerial photos of crops
and fields, and as they fly at heights lower than
satellites, they can also take images with the
centimeter-level resolution. By now, a
significant number of farmers have started
experimenting with drones. The rise in the use of
drones by farmers or agronomists would lead
hardware to capture a major share of the market
in the coming years. Navigation systems to
register highest CAGR in agriculture drones
market during forecast period The agriculture
drones market for navigation systems is expected
to grow at the highest CAGR during the forecast
period. A drone well equipped with a navigation
system and an autopilot system, including a
camera, gives plenty of aerial options.
Agriculture drones with GPS receivers recognize
their position within a farm, which enables them
to adjust operations to maximize productivity or
efficiency at that location.
Agriculture drones market in APAC to grow at
highest CAGR during forecast period The
agriculture drones market in APAC is expected to
grow at the highest CAGR during the forecast
period. The rate of adoption of smart agriculture
techniques is likely to grow at a high pace in
this region, mainly led by emerging countries
such as India and China, and countries in
Southeast Asia. The rapidly increasing
population, availability of arable farms, and
government support through subsidies are the
major factors driving the adoption of agriculture
drones in APAC. DJI (China), PrecisionHawk (US),
Trimble Inc. (US), Parrot Drones (France), 3DR
(US), AeroVironment, Inc. (US), Yamaha Motor
Corp. (Japan), DroneDeploy (US), AgEagle Aerial
Systems, Inc. (US), and OPTiM Corp. (Japan) are
some of the major players in the agriculture
drones market.
About MarketsandMarkets
Research Private Ltd.
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
Contact Us
Mr. Shelly Singh 630 Dundee Road Suite 430
Northbrook, IL 60062 Tel 1-888-6006-441Email MarketsandMarket
s Bloghttp//
Write a Comment
User Comments (0)