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The Global Agriculture Drone Market is forecast to reach USD 6.52 Billion by 2026, according to a new report by Reports and Data. Agriculture drones are unmanned aerial vehicles (UAV) primarily used to perform the survey of farms.
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Agriculture Drones Market To Reach USD 6.52 Billion By 2027
Market Summary Agriculture Drones Market Size – USD 1.19 Billion in 2020, Market Growth - CAGR of 22.6%, Market Trends – Digitalization of the agricultural sector. The Global Agriculture Drone Market is forecast to reach USD 6.52 Billion by 2026, according to a new report by Reports and Data. Agriculture drones are unmanned aerial vehicles (UAV) primarily used to perform the survey of farms. Further key findings from the report suggest • Drones provide quick information, have a low cost of operations, and can readily access to areas that are hard to reach by cars and boats. • Hardware segment held a market share of 53% in the year 2018. Amazon on June 5, 2019, announced to release its latest hybrid drone that uses a combination of thermal cameras, depth cameras and sonar to detect any hazards. • The onboard cameras can identify the obstacle and navigate around them with the help of machine learning. • Software and services segment under component is segmented into imaging software, data management software, data analytics software, and others. It is anticipated to have the highest CAGR of 23.3% during the forecast period.
Market Summary Key Players: Honeycomb Corporation, Parrot SA, Ageagle LLC, DJI Technology, AeroVironment Inc., Yamaha Motor Co. Ltd., Ursula Agriculture, Delair-Tech SAS, Trimble Navigation Limited and Precisionhawk, among others. Segmentation: Component Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026) • Hardware • Software and Services Integrant Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026) • Controller System • Propulsion System • Camera System • Frames • Navigation System • Batteries • Others To look at the PDF Sample Report and get 30 minutes of a free consultation @ https://www.reportsanddata.com/sample-enquiry-form/1513
Market Summary Application Outlook (Volume, Thousand Units; Revenue, USD Billion; 2016-2026) • Crop Scouting • Field Mapping • Livestock Monitoring • Smart Greenhouse • Crop Spraying • Others Regional Outlook for Flare Gas Recovery System Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @ https://www.reportsanddata.com/discount-enquiry-form/1513
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
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