Agricultural Drones Market Analysis by Industry Segments, Share, Application, Development, Growing Demand, and Top Key Players


Posted July 29, 2021 by devanshuraizada

According to P&S Intelligence, North America led the agriculture drones market in the preceding years, and it is expected to retain its dominance in the coming years as well.
 
Single-rotor, multi-rotor, and fixed-wing agricultural drones manufactured by SZ DJI Technology Co. Ltd., Yuneec International, Yamaha Motors Co. Ltd., AiroVironment Ltd., Drone Deploy Inc., Yuneec International, AGCO Corporation, Shandong Joyance Technology Co. Ltd., Trimble Inc., AGEagle Aerial Systems Inc., and Israel Aerospace Industries Ltd. can be deployed in large, medium, small, and micro-sized farmlands.

Among the different types of agricultural drones, multi-rotor drones are being deployed in the largest quantity, due to their easy-use mechanism and low cost as compared to other variants. According to P&S Intelligence, North America led the agriculture drones market in the preceding years, and it is expected to retain its dominance in the coming years as well. This can be primarily ascribed to the surging need to augment the agricultural output and plunging number of skilled agricultural laborers in the region.

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Farm owners of North America are increasingly deploying agricultural drones to overcome the shortage of laborers and enhance crop productivity at less cost. Whereas, Asia-Pacific (APAC) is expected to adopt agricultural drones at the highest rate, due to the burgeoning demand for farm products in India, Indonesia, and China, owing to the vast population of these countries. According to the World Bank, the population of India, China, and Indonesia stood at 1.38 billion, 1.40 billion, and 0.27 billion, respectively, in 2020.

To meet the high demand for agricultural products of the vast population base, the agrarian community is adopting drones to enhance crop productivity and protect the crops from pathogens. Thus, the escalating need for increased agricultural productivity and the growing incidence of crop diseases will fuel the adoption of agricultural drones in the upcoming years.
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Issued By Devanshu Shrivastava
Country United States
Categories Business
Last Updated July 29, 2021