According to a new report published by KD Market Insights, titled, “Agricultural Drones Market Insights, Trends, Opportunity & Forecast, 2021–2026,” the global agricultural drones market size is anticipated to witness moderate growth during forecast period i.e. 2021-2026. The rapidly shrinking arable land area, the burgeoning pressure on food supply due to surging global population and the increasing adoption of modern agriculture methods such as precision farming and others to battle the concerns related to agriculture is augmenting the demand for advanced agricultural technologies such as agricultural drones, agriculture robots, and others. This is one of the primary factors responsible for the growth of the global agricultural drones market.

The rising need and demand for increasing efficiency in certain aspects of the farming process, the growing venture funding for the development of agricultural drones, the fast-paced commercialization of agriculture and the upcoming digital revolution in agriculture is expected to bring tremendous growth opportunities for the growth of the global agricultural drones market during the forecast period.

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The Asia Pacific region is projected to grow at the highest CAGR during the forecast period. The major contributors to the region include China, India and countries in Southeast Asia.

According to offering, the software segment is expected to grow at the highest CAGR during the forecast period. According to application, the field mapping segment is anticipated to account for the largest share in the global agricultural drones market over the forecast period.

The global agricultural drones market is segmented into offering, application and region. Based on offering, the market is bifurcated into drone and software. The drone sub-segment is further categorized into fixed wing, hybrid, rotary blade and others. The software sub-segment is further categorized into imaging, data management, data analytics and others. Based on application, it is classified into field mapping, variable rate application, crop scouting, livestock and others. The field mapping sub-segment is further categorized into weed detection, crop health monitoring and others.

The global agricultural drones market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Agricultural Drones Market

  • On the basis of offering, the software segment is expected to grow at the highest CAGR during the forecast period.
  • On the basis of application, the field mapping segment is anticipated to account for the largest share in the global agricultural drones market over the forecast period.
  • On the basis of region, the Asia Pacific region is projected to grow at the highest CAGR during the forecast period.

Some of the major agricultural drones companies profiled in the report include DJI Innovation, Aerovironment Inc., Trimble Navigation Ltd. Precisionhawk, Parrot SA, Yamaha, Honeycomb Corporation, Agribotix LLC, Skycision Inc. and Raptor Maps.

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By saddam

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