Agricultural Drones Market - Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019-2025
US Agriculture Drone Market is anticipated to reach the market valuation
of US$ 144.8 million by 2025 expanding at a reasonable CAGR of 9.96% in the
course of the forecasted period (2019-2025) from US$ 72.1 million in 2018.
Drones are being used for wide variety of purposes in the last couple of years.
They began as toys, and then found their application for military purposes. To
add on, Amazon and Walmart began testing their own versions of drones for
package delivery services, even Google has jumped in the respective segment.
Some drone companies have also tested the significance of drones for medical
and emergency delivery services. Moreover, approval by FAA to fly a drone in
United States has further resulted in the adoption of the devices in
agriculture sector. Hence, agriculture drone has begun to be used for
agricultural purposes. Digital Agriculture is mainly the use of advanced
technologies that are integrated into one system and enables the farmers and
other stakeholders within the value chain to enhance the crop yields and improving
food production. It has been observed that by 2021, digital agriculture market
will be evaluated at US$ 15 billion and around 80% companies are expecting
competitive advantage from Agriculture Revolution 4.0. In addition to this,
with more than 65% of the food supply required to feed surging population by
2020, digital agriculture portrays immense potential to transform the way the
food is produced.
For a detailed analysis of the
overall adoption of drone in the United States agriculture sector browse
through - US Agriculture Drone Market
With the
accelerated benefits of agriculture drones in precision agriculture, rising
demand for food owing to the surging population, agriculture getting stronger
with Big Data along with increasing research & development investments has
tremendously accelerated that demand for agriculture drones in United States.
However, lack of internet connectivity in rural areas, high initial cost of
purchase and other parameters such as weather conditions, flat and small view
of objects, flight time and flight range, object overlap have remained a huge
challenge for the agriculture drone market in United States. With the rapid
technological breakthrough, farmers are opting for agricultural drones to
enhance their agricultural productivity. Being one of the newest and efficient
tools in agriculture, they assist the farmers in wide range of tasks from
analyzing, planning to the actual planting of crops, and the subsequent
monitoring of fields to ascertain health and growth of crops. Furthermore,
surging investments by established players along with favorable government
policies are expected to allow large and small operations to aid in effective
farming practices. For instance, in 2016, US investments in agricultural drones
and robotic technology amounted to US$ 389 million and approximately 40
companies raised funds. Investors such as Monsanto, Syngenta and Mitsui have
backed various emerging start-ups for improving, harvesting, crop spraying and
irrigation. The rising trend of implementation of UAVs for enhanced
productivity and increasing awareness of precision agriculture for crop
scouting and field mapping is expected to drive the adoption of drone in
agriculture sector in the US.
Request for Sample of the report - https://univdatos.com/request_form/form/236
Request for Sample of the report - https://univdatos.com/request_form/form/236
Under the different
types of the agriculture drone market, fixed-wing drones occupied maximum share
in 2018. Fixed-wing agriculture drones are
considered to be the best choice to monitor the field. They are primarily used
when to lot of ground needs to be covered at a fast pace. It has been observed
fixed-wing agriculture drones can cover up to 10 times the acreage that a
typical quadcopter can cover in a single flight. The segment is
anticipated to bring in earnings of US$ 56.03 million by 2025. Under various
applications of agriculture drones in US market, crop spraying application is
projected to enjoy the swiftest expansion in the United States throughout the
reviewed period of time accredited to its superior benefits in terms of massive
reduction in overall spray and much lower chemical level reaching the
groundwater. With the usage of agriculture drones, the farmers can complete
spraying jobs about 5 times faster than traditional methods. Moreover, the
application is projected to register stable CAGR of 10.40% over the forecast
period.
Feel free
to contact us for any queries - https://univdatos.com/request_form/form/236
Additionally, for
better investigation and penetration of drones in the United States agriculture
sector, a detailed regional level analysis
was conducted including North East, Midwest, South and West regions. In
2018, Mid-West was one of the lucrative and the largest region in terms of
adoption of agriculture drones in the US. On account of strong government
support to increase the agriculture production, availability of supporting
infrastructure as well as gaining prominence of smart and precision farming
methods have significantly fostered the regional market. Moreover, more than
25,000 farmers using IoT in US paired with increased deployment of advanced
agriculture solutions both in United States along with small farms steadily
increasing investment in precision and smart farming methods to raise farm
productivity have tremendously boosted United States Agriculture Drone Market.
Some of the major companies profiled in United States agriculture drone market
are Aero Vironment Inc, Trimble Inc, AgEagle Aerial Systems, Inc., Precision
Hawk, Sentera Inc, Drone Deploy, Deveron, DJI, Intel and John Deere Company.
The players consistently aim to focus on various product launches, innovations,
energy-efficient products as well as mergers and acquisitions to enhance the the penetration rate of agriculture drones across the United States thereby
strengthening their market position.
United
States Agriculture Drone Market Segmentation
Market
Insight, by Product Type
Fixed Wing
Multi-Rotor
Hybrid
Market
Insights, by Application
Field Mapping
Crop Spraying
Agricultural
Photography
Crop Monitoring
Soil Monitoring
Market
Insight, by Region
United
States Agriculture Drone Market
Mid-West
Agriculture Drone Market
South Agriculture
Drone Market
North East
Agriculture Drone Market
West Agriculture
Drone Market
Agricultural Drones Market can further be customized as per the requirement or any
other market segment. Besides this, UnivDatos Market Insights (UMI)
understands that you may have your own business needs, hence feel free to
connect with us to get a report that completely suits your requirements.
WEARABLE MEDICAL DEVICE MARKET Worth US$ 25,101.5 Million with Huge CAGR of 18.29% During 2019-2025
Why Plant-Based Food Is Becoming Increasingly Popular in the Food Industry?
Precision Agriculture Market — Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2025
WEARABLE MEDICAL DEVICE MARKET Worth US$ 25,101.5 Million with Huge CAGR of 18.29% During 2019-2025
Why Plant-Based Food Is Becoming Increasingly Popular in the Food Industry?
Precision Agriculture Market — Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019–2025
Contact Us
UnivDatos Market
Insights (UMI)
Email: sales@univdatos.com
Labels: Agriculture, Agriculture Drone Market, Agriculture Drone Market Analysis, Agriculture Drone Market Share, Agriculture Drone Market Size, Drone Market, US Agriculture Drone Market
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home