Asia-Pacific Agricultural Drone Market - Industry Size, Share, Growth & Forecast 2027 | UnivDatos
Drones are one of the most developed robotics technology, that is being
used in the agriculture sector. With the rapid technological breakthrough,
farmers are opting for agricultural drones to enhance their agricultural
productivity. Being one of the newest and most efficient tools in agriculture,
they assist the farmers in a wide range of tasks from analyzing and planning to
the actual planting of crops, and the subsequent monitoring of fields to
ascertain the health and growth of crops. Furthermore, surging investments by
established players along with the favorable government policies across the
world are expected to allow large and small operations to aid in effective
farming practices.
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The rising population coupled with the growing need for food is leading
to the growing demand for the agriculture drones for various reasons such as
crop monitoring, field mapping, crop
praying, etc., By 2030, Asia’s population is projected to be 250 million people
larger and 65% of the world’s middle-class population will reside in
Asia-Pacific. Asia-Pacific is a major component in the current global food
chain, accounting for 19% of total global food and agriculture exports, and 31%
of total food and agriculture imports.
According to
UnivDatos Market Insights
(UMI)’ research report “Asia-Pacific Agricultural Drone Market
Analysis, 2020”, As per Singapore
agro-food enterprises federation limited, Singapore’s total area measures only
724 square kilometers. The country imports 90% of its food supply for its 5.6
million residents. The growing government’s support and investment in the
agri-tech industry are leading to the growth of the market in Singapore. The
parliament approved the Unmanned Aircraft (Public Safety and Security) Bill in
2016, which aims to regulate the use of drones with a clear set of rules.
Singapore grows less than 10% of its food due to limited land and other natural
resources. Under the government’s initiatives to increase Singapore’s food
security, a new US$30 million grant has been launched to ramp up the
production of local farm produce.
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Based on the drone
type, the multi-rotor
segment acquired the XX% market share and gathered USD XX Mn market in 2020. Multirotor
drones are the perfect tool for gathering information from challenging vantage
points, fast. Compared to traditional surveying methods, they capture
comparable data in shorter timeframes, with greater flexibility, reduced
planning requirements, and less risk to staff.
Based on the application, the field
mapping segment grabbed XX% market share and dominated the market in 2020. Field
mapping constitutes to be an essential part of precision agriculture which is
derived via agriculture drones. Growers or the farmers can view exact locations
in the farm that demand action and can receive specific information about the
location via field maps. As precision mapping or field mapping mainly consists of geo-referenced data, it also
showcases information or characteristic of soil or the crop such as moisture
levels, crop yield soil nutrients levels, and many more
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China to Grab Lion’s Share, But Singapore to witness
Explicit Growth
Based on the countries, China dominated
the Asia-Pacific Agricultural Drone market in 2020. However, Singapore would
witness a robust CAGR in the forthcoming years. As per Singapore agro-food enterprises
federation limited, Singapore’s total area measures only 724 square kilometers.
The country imports 90% of its food supply for its 5.6 million residents. The
growing government’s support and investment in the agri-tech industry are
leading to the growth of the market in Singapore, stated in UnivDatos Market Insights (UMI)’ research report “Asia-Pacific Agricultural Drone Market Analysis, 2020”.
According
to UnivDatos Market Insights (UMI)’, the key
players with a considerable market share in the Asia-Pacific Agricultural Drone Market are DJI, Precision Hawk, Trimble
Inc., Parrot Drones, 3DR, AeroVironment Inc., Yamaha Motor Corp., DroneDeploy,
AgEagle Aerial Systems Inc., OPTiM Corp, etc., The players are focused on launching new
products for gaining customers' traction and expanding their geographical reach
to get a competitive edge in the industry.
“Asia-Pacific
Agricultural Drone Market Analysis, 2020” provides comprehensive qualitative and
quantitative insights on the industry potential, key factors impacting sales
and purchase decisions, hotspots, and opportunities available for the Agricultural
Drone Market across the Globe. Moreover, the report also encompasses the key
strategic imperatives for success for competitors along with strategic
factorial indexing measuring competitors' capabilities on 16 parameters. This
will help companies in the formulation of Go to Market Strategies and
identifying the blue ocean for its offerings.
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Market Segmentation:
1. By Drone
Type (Fixed Wing, Multi—Rotor, Hybrid)
2. By Application
(Field Mapping, Agricultural Photography, Crop Spraying, Crop
Monitoring, Soil Monitoring, Others)
3.
By Country (China, Japan,
India, Australia, Singapore, Rest of APAC)
4. By Company (DJI,
Precision Hawk, Trimble Inc, Parrot Drones, 3DR, AeroVironment, Inc., Yamaha
Motor Corp., DroneDeploy, AgEagle Aerial Systems, Inc, OPTiM Corp)
Key
questions answered in the study:
1.
What are the current and future trends
of the Asia-Pacific Agricultural Drone market industry?
2.
How the industry has been evolving in
terms of end-user demand and application areas?
3.
How the competition has been shaping
across the countries followed by their comparative factorial indexing?
4.
What are the key growth drivers and challenges
for the Agricultural Drone market industry?
5.
What are the customer orientation,
purchase behavior, and expectations from the Agricultural Drone market firms
across various regions?
Table of Content –
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 ASIA-PACIFIC AGRICULTURAL DRONE COVID-19 IMPACT
6 ASIA-PACIFIC AGRICULTURAL DRONE REVENUE, 2020-2028F
7 MARKET INSIGHTS BY DRONE TYPE
8 MARKET INSIGHTS BY APPLICATION
9 MARKET INSIGHTS BY COUNTRY
10 AGRICULTURAL DRONE DYNAMICS
11 ASIA-PACIFIC AGRICULTURAL DRONE OPPORTUNITIES
12 ASIA-PACIFIC AGRICULTURAL DRONE TRENDS
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
15 VALUE CHAIN ANALYSIS
16 COMPETITIVE SCENARIO
17 COMPANY PROFILED
18 DISCLAIMER
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