A fresh report titled “Agriculture Drones Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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The Agriculture Drones Market is expected to grow from US$ 1.2 Billion in 2019 to US$ 4.8 Billion by 2024 at a CAGR of 31.4%.
#Key Players-DJI (China), Precision Hawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), Aero Vironment, Inc. (US), Yamaha Motor Corp. (Japan), Drone Deploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan).
“Agriculture drones market for software and services to grow at higher CAGR during the forecast period”
The agriculture drones market for software and services is expected to grow at a higher CAGR during the forecast period. This growth is attributed to high investments being done by the venture capitalists and investors in the startup companies offering software and analytics to digitize the information collected by drones; these investments are mainly directed at the implementation of mapping, imaging, and data analytics software.
“Precision fish farming to witness highest CAGR in agriculture drones during forecast period”
The agriculture drones market for precision fish farming is expected to grow at the highest CAGR during the forecast period. The increasing demand for various hardware devices such as GPS/GNSS and various sensors is contributing to the growth of the agriculture drones market for precision fish farming.
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Table of Contents:
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered
1.4 Currency
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data From Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Size By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Size By Top-Down Analysis (Supply Side)
2.3 Market Share Estimation
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Agriculture Drones Market
4.2 Agriculture Drones Market, By Offering
4.3 Agriculture Drones Market in APAC, By Application and Country
4.4 Agriculture Drones Market, By Component
4.5 Agriculture Drones Market, By Region
4.6 Geographic Analysis of Agriculture Drones Market
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Pressure on Global Food Supply Owing to Growing World Population
5.2.1.2 Increase in Venture Funding for Development of Agriculture Drones
5.2.1.3 Availability of Software Solutions for Field Survey and Data Analytics
5.2.2 Restraints
5.2.2.1 Security and Safety Concerns Associated With Civil and Commercial Application of Drones
5.2.2.2 Air Traffic Management of Commercial Drones
5.2.3 Opportunities
5.2.3.1 Exemptions By US Federal Aviation Administration for Use of Agriculture Drones
5.2.3.2 Rising Demand for Drones in APAC Countries
5.2.3.3 High Adoption of Aerial Data Collection Tools in Agriculture
5.2.4 Challenges
5.2.4.1 Management of Data Collected By Agriculture Drones
5.2.4.2 Standardization of Communication Interfaces and Protocols for Precision Agriculture
5.2.4.3 Lack of Technical Knowledge Among Farmers
5.2.4.4 Scarcity of Trained Pilots
5.3 Value Chain Analysis
… and more
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