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The agriculture drones market is expected to reach USD 4,209.2 Million by 2022, growing at a CAGR of 30.19% during the forecast period. The objectives of the report includes
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MarketsandMarkets Presents Publishing Date: August 2015 Agriculture DronesMarket The market is expected to grow from USD 864.4 Million in 2016 to USD 4,209.2 Million in 2022, at a CAGR of 30.19%
About our Report • Hybrid drones are expected to capture the largest share of the market by 2022. Hybrid drones can hover, fly at fast speed, and remain steady; the advantages of these drones are boosting the growth of the market for hybrid drones. The agriculture drones market for software is expected to grow at the highest rate during the forecast period. • The market for agriculture drones is at its growth phase. The market is expected to grow from USD 864.4 Million in 2016 to USD 4,209.2 Million by 2022, at a CAGR of 30.19% between 2016 and 2022. The major factors driving the growth of the agriculture drones market include the increase in funding for UAV manufacturers from the venture firms and the growing awareness about the benefits of agriculture drones among the farmers and agronomists.
Inside of Report Browse: • 78 market data tables. • 54 figures spread through 164 pages. • in-depth TOC on “Agriculture Drones Market - Global Forecast to 2022.” • North America is expected to hold the largest share of the agriculture drones market in 2016. The market in APAC is expected to grow at the highest rate between 2016 and 2022. Several countries in APAC are developing, wherein; the number of manufacturing companies is increasing. The demographic factors (population), shifting consumer landscape (consumer adoption levels), and economic factors are the key drivers of the growth of the agriculture drones market in APAC. • The market for agriculture drones is at its growth phase. The market is expected to grow from USD 864.4 Million in 2016 to USD 4,209.2 Million by 2022, at a CAGR of 30.19% between 2016 and 2022. The major factors driving the growth of the agriculture drones market include the increase in funding for UAV manufacturers from the venture firms and the growing awareness about the benefits of agriculture drones among the farmers and agronomists.
Table of Content 1 Introduction (Page No. - 14) 1.1 Objectives of the Study 1.2 Market Definition 1.3 Study Scope 1.3.1 Markets Covered 1.3.2 Years Considered for the Study 1.4 Currency 1.5 Stakeholders 2 Research Methodology (Page No. - 17) 2.1 Research Data . . . 10 Agriculture Drones Market, By Geography (Page No. - 100) 10.1 Introduction 10.2 North America 10.2.1 U.S.
Underfloor Heating Download Free Sample Pages :- http://www.marketsandmarkets.com/requestsample.asp?id=23709764 Currently, the agriculture drones market is dominated by the players such as Trimble Navigation Ltd. (U.S.), DJI (China), PrecisionHawk (U.S.), Parrot SA (France), and 3DR (U.S.).
Company Coverage • DJI (China) • 3DR (U.S.) • Trimble Navigation Ltd • (U.S.), DroneDeploy (U.S.) • AgEagle LLC (U.S.) • Agribotix LLC (U.S.) • AutoCopter Corp. (U.S.) • Delair-Tech (France) • Eagle UAV Services (U.S.) • HoneyComb Corp. (U.S.) • PrecisionHawk (U.S.) • Parrot SA (France) • Yamaha Motor (Australia), • AeroVironment, Inc. (U.S.) • and URSULA Agriculture (U.K.).
Summary The market for agriculture drones is at its growth phase. The market is expected to grow from USD 864.4 Million in 2016 to USD 4,209.2 Million by 2022, at a CAGR of 30.19% between 2016 and 2022. The major factors driving the growth of the agriculture drones market include the increase in funding for UAV manufacturers from the venture firms and the growing awareness about the benefits of agriculture drones among the farmers and agronomists. One of the major applications of agriculture drones is field mapping; which is leading the market. However, the agriculture drones market for crop spraying application is expected to grow at the highest rate during the forecast period since agriculture drones help in accurate spraying of fertilizers without causing any issues, such as disturbing soil fertility and over spraying, which hamper the yields of the farms.
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