At 28.11% CAGR, Global Agriculture Drone Market to hit $2,978.69 Mn by 2021

According to new statistics released by the Zion Market Research, global agriculture drone market was valued at around USD 673.79 Million in 2015 and is expected to reach approximately USD 2,978.69 Million by 2021, growing at a CAGR of slightly above 28.11% between 2016 and 2021.


Sarasota, FL, March 02, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Agriculture Drone Market (Fixed Wing, Rotary Blade, Hybrid, Data Management, Imaging Software, and Data Analysis) for Field mapping, Variable Rate Application (VRA), Crop Scouting, Crop Spraying, Livestock, Agriculture Photography and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global agriculture drone market was valued at around USD 673.79 Million in 2015 and is expected to reach approximately USD 2,978.69 Million by 2021, growing at a CAGR of slightly above 28.11% between 2016 and 2021. 

Drones help farmer for better care of their crops and have a higher yield from the farm. Drones are used for crops and to keep an eye on livestock as well. The drones use a number of technology including infrared cameras, sensors, GPS, software, and hardware application to help farmers to monitor and take better care of their crops. Drones may drastically cut the costs of crops monitoring and control water wastage also. Due to such benefits, agricultural drones are gaining popularity across the globe.

Browse through 18 Market Tables and 32 Figures spread through 110 Pages and in-depth TOC on “Global Agriculture Drone Market: By Type, Component, Size, Share, Trends, Industry Segment, Analysis and Forecast 2015-2021”.

Request Free Sample copy of Agriculture Drone Market Report @ https://www.zionmarketresearch.com/sample/agriculture-drone-market

Increasing automation in the agriculture process owing to the labor crisis such as lack of skilled farmers and aging farmers are also expected to have the positive impact on the agriculture drone market growth. A favorable shift in the regulatory policy is also expected to allow start-ups to operate in small and large farming operations and aid in disease & water management.

Increasing technological advancements in equipment and need for enhancing the quality of the farming techniques have led increased implementation of agriculture drones are expected to drive the industry growth over the forecast period. Further, innovations in the GPS mapping field coupled with the advancements of solar power drone in agriculture sector is further fuelling the demand for agricultural drones. Drones have the potential to implement better plantation with crop rotation strategies and give crucial inputs related to the daily progress of crops which is further contributing to the market growth.

Browse the full "Agriculture Drone Market (Fixed Wing, Rotary Blade, Hybrid, Data Management, Imaging Software, and Data Analysis) for Field mapping, Variable Rate Application (VRA), Crop Scouting, Crop Spraying, Livestock, Agriculture Photography and Other Applications: Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/agriculture-drone-market

Nonetheless, companies operating in drone software designing and manufacturing systems are collecting the data and incorporating them into drone which is further expected to surge the demand for agricultural drones. The data gathered from drones help the farmers to improve yields by monitoring fertilizer, or chemical supply water, and also able to map their fields, check for signs of disease, monitor crop health, and save time in the process. However, lack of trained pilots for operating the drones may impact the market growth.

Agriculture drone market is segmented by type, component, application and region. In term of type, agriculture drone market classified into the Fixed wing, Rotary blade, Hybrid, Data management, Imaging software, Data analysis Others. Component wise agriculture drone market is bifurcated into controller system, propulsion systems, camera systems, the navigation system, batteries and others. Based on application, global agriculture drone market is segmented into field mapping, variable rate application (VRA), crop scouting, crop spraying, livestock, agriculture photography and others.

Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/agriculture-drone-market

Some of the key players in the agriculture drone market include GoPro, Google, Boeing DJI, Trimble Navigation Ltd., DroneDeploy, AgEagle LLC, AeroVironment, Inc., Agribotix LLC, AutoCopter Corp., 3DR, HoneyComb Corp., Parrot SA  and Yamaha Motor.

Request customized copy of report @ https://www.zionmarketresearch.com/custom/414

The report segment of global agriculture drone market as follows:

Global Agriculture Drone Market: Type Segment Analysis

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

Global Agriculture Drone Market: Component Segment Analysis

  • Controller system
  • Propulsion systems
  • Camera systems
  • Navigation System
  • Batteries
  • others

Global Agriculture Drone Market: Application Segment Analysis

  • Field mapping
  • Variable rate application (VRA)
  • Crop scouting
  • Crop spraying
  • Livestock
  • Agriculture photography
  • Others

Global Agriculture Drone Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

Related Reports:

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Follow Us LinkedIn: https://www.linkedin.com/company/zion-market-research

Follow Us Twitter: https://twitter.com/zion_research


            

Contact Data