Global Agricultural Drones Market Survey Report 2018
Drones are also known as unmanned aerial vehicles, existing for long time and are used in various industry including mining, construction, military and agriculture. Use of drones in agriculture have recently gained popularity after the world started witnessing the extraordinary growth in population leading towards the growing demand for food. Use of such UAV for precision agriculture has been in use since 1990s in some part of Europe, Asia-pacific, and North America. These UAV were heavilyutilized for spraying pesticides, and seeds in farm area in many parts of the world. Therefore, the agriculture drone market will change the traditional farming processes in the coming years.
The Global Agriculture Drone Marketwas valued at USD 0.876 billion in 2016 and projected togrow at a CAGR of 29.18% to approach USD 3.1 billion by 2022. The advent of robots and new scientific technology into farming and agriculture all over the world is expected to promote the growth of the market in the forecast period.
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Drivers and Restraints:
Important factors leading to the development of agriculture drones market are growing awareness about precision farming, need to enhance the yield and government support to use advance technologies in agriculture. Drones generate accurate date which is helpful for farmers to monitor crop health, reduce the impact of climate change and efficiently detect weed. The drones are also useful in spraying pesticides uniformlywhich yields better results.Yamaha RMAX, which is the first UAV crop sprayer with 2x8 liter spray tank has proved effective for precise small scale spraying. OPtim Agri drone is the joint project among local government, university and IT Company of Japan that has the capability to identify insects so that it can initiate accurate attack on those areas with chemicals. These benefits, among several others are helping farmers in effective farming.
Geographic Segmentation:
Based on region, the Agricultural Drones Market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America is expected to continue its domination in the global market in the forecast period, and account for almost one-third of the total market revenue. This is attributed to reasons like increasingly scientific farming in the aims for precision agriculture in the region. The Asia Pacific market is expected to grow at a high CAGR because of the adoption to scientific farming.
The leading players of the market include PrecisionHawk, AeroVironment Inc., Trimble Navigation Ltd., DJI Technology, 3D Robotics, Parrot SA and DroneDeploy.
Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-agricultural-drones-market-survey-and-trend-research-2018/1171378
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
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+1 888 709 8757
The Global Agriculture Drone Marketwas valued at USD 0.876 billion in 2016 and projected togrow at a CAGR of 29.18% to approach USD 3.1 billion by 2022. The advent of robots and new scientific technology into farming and agriculture all over the world is expected to promote the growth of the market in the forecast period.
Get Sample Brochure of the Report @ https://www.researchcosmos.com/request/global-agricultural-drones-market-survey-and-trend-research/1171378
Drivers and Restraints:
Important factors leading to the development of agriculture drones market are growing awareness about precision farming, need to enhance the yield and government support to use advance technologies in agriculture. Drones generate accurate date which is helpful for farmers to monitor crop health, reduce the impact of climate change and efficiently detect weed. The drones are also useful in spraying pesticides uniformlywhich yields better results.Yamaha RMAX, which is the first UAV crop sprayer with 2x8 liter spray tank has proved effective for precise small scale spraying. OPtim Agri drone is the joint project among local government, university and IT Company of Japan that has the capability to identify insects so that it can initiate accurate attack on those areas with chemicals. These benefits, among several others are helping farmers in effective farming.
Geographic Segmentation:
Based on region, the Agricultural Drones Market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. North America is expected to continue its domination in the global market in the forecast period, and account for almost one-third of the total market revenue. This is attributed to reasons like increasingly scientific farming in the aims for precision agriculture in the region. The Asia Pacific market is expected to grow at a high CAGR because of the adoption to scientific farming.
The leading players of the market include PrecisionHawk, AeroVironment Inc., Trimble Navigation Ltd., DJI Technology, 3D Robotics, Parrot SA and DroneDeploy.
Browse report brief and TOC @ https://www.researchcosmos.com/reports/global-agricultural-drones-market-survey-and-trend-research-2018/1171378
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
Inquire Before Buying @
https://www.researchcosmos.com/inquire/global-agricultural-drones-market-survey-and-trend-research/1171378
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About Us:
Research Cosmos is a provider of standard and customized market research, business intelligence and consulting services across more than 100 domains in different industries of the world. We host the trending market reports of the world’s top-notch publishing companies, offering services to a wide range of customers from students to fortune 500 companies and discloses the hidden opportunities in every leading industry of the world.
Contact:
Kevin Stewart
Global Sales Manager
Research Cosmos
www.researchcosmos.com
Blog: https://acutemarketinsights.com
Blog: https://marketreportsweb.com/
kevin@researchcosmos.com
+1 888 709 8757