Trends, share, size, demand and future reach – EcoChunk
According to the latest IMARC Group report “Agricultural Drones Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026”, the global agricultural drones market has shown strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 18% during 2021-2026.
Agricultural drones represent Remotely Piloted Aircraft Systems (RPAS) that perform many agricultural activities and provide real-time crop status and livestock movement. They contain propulsion systems and programmable controllers with satellite navigation to remotely control wireless communication. Agricultural drones are equipped with different payloads of sensors with digital imaging capabilities, including high resolution multispectral camera systems, actuators, etc. Because of this, they are widely used for field surveying, crop scouting, spraying, spreading, livestock and fishing monitoring, etc.
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Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
The sudden outbreak of the COVID-19 pandemic has led to the imposition of lockdown restrictions by government agencies in many countries. This is causing labor shortages across the globe and is primarily driving the agricultural drone market to facilitate remote farming activities while adhering to strict lockdown regulations. Additionally, growing concerns about food supply shortages and the unavailability of adequate arable land are further catalyzing market growth. In this perspective, the increasing use of products for spraying pesticides, improving crop yields, minimizing labor-intensive works, etc., acts as another important factor for growth. Additionally, the increasing adoption of modern farming practices, as well as the increasing integration of artificial intelligence (AI) and machine learning (ML) with normalized difference vegetation index imaging technology (NDVI), also increase the global market. Apart from this, the introduction of many product variants with automated flight planning features, which help reduce the impact of unpredictable weather conditions, calculate land size, develop soil maps, etc. , is expected to boost the agricultural drone market during the forecast period. .
Breakage by offer:
- Fixed wing
- Rotating wing
- Hybrid wing
- Data management software
- Imaging software
- Data analysis software
Breakdown by component:
- Controller systems
- Propulsion systems
- Navigation systems
Breakdown by agricultural environment:
Breakdown by application:
- Field mapping
- Variable rate request
- Culture Scouting
Market breakdown by region:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa
Competitive landscape with Key Player:
- 3D Robotics Inc.
- AéroVvironnement Inc.
- AGCO Company
- AgEagle Aerial Systems Inc.
- American Robotics Inc. (Ondas Holdings Inc.)
- Deployment of drones
- Parrot Drone SAS
- PrecisionHawk, Trimble Inc.
- Yamaha Motor Co. Ltd.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
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