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Agriculture Drones Market Growth Rate 2019 | Rising Trends, Demand Status and Growth Potential in Agriculture Sector Forecast to 2024

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Agriculture Drones

Report Titled: “Agriculture Drones Market – Growth, Trends, and Forecast (2019 – 2024)

The report provides deep insights into Agriculture Drones Market related to industry size, share, types, applications, and forecast details. The report covers all the essential information of top key players and relevant regions. Agriculture Drones market report analyzed the market present condition, profit, loss, capacity, productions, consumption and growth rate of the market. In the end, the report introduced SWOT analysis, investment feasibility, and return analysis of the market.

Scope of the Report:

  • Drones are a stirring innovative technology that could change how farmers manage their operations. This technology is ultimately expected to become as pervasive as tractors. Among other uses, drones are capable of collecting data that can be used to decide if crops have enough water or to even find leakages in the irrigation system.

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    Market Overview:

  • The agriculture drones market was estimated to be USD 9.9 billion in 2018 and it is expected to register a CAGR 7.13% during the forecast period (2019-2024). North America and Europe are the largest and the most advanced markets with respect to the adoption of innovative technologies in the field of agriculture, while South America has the greatest potential for growth in this market. The presence of a large share of the agricultural area as fragmented holdings in Asia, especially in regions of India, limits the potential growth of the agriculture drones market over the forecast period.

    List of Top Key Players are as Follow:

  • 3D Robotics Inc.
  • AeroVironment
  • AGCO Corp
  • AgEagle LLC
  • Agribotix LLC
  • AutoCopter Corp
  • Delair
  • Tech SAS
  • DJI
  • DroneDeploy
  • Eagle UAV Services
  • Honey Comb Corp
  • Parrot SA
  • Precisionhawk
  • Sentera LLC
  • Trimble Navigation Limited
  • Yamaha Motor

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    Key Market Trends:

    Increasing Adoption of Precision Farming

    The concept of precision farming has a lot of advantages for the agricultural sector. Different technologies, such as global positioning systems and guided vehicles, are being developed to create an era of precision farming. The rapid growth of the agriculture sector, which is now inculcating technological innovations into its agricultural practices will continue to drive the market for precision farming, and subsequently of agriculture drones as a part of it. With the increasing demand for food, globally, there is a constant pressure to increase agricultural productivity as well as to maintain good crop health. This is expected to lead to an increase in production.

    North America to dominate the global market

    North America and Europe are the largest and most advanced markets with respect to the adoption of innovative technologies in the field of agriculture. As a result of declining Total Factor Productivity (TFP) in East Asia and Southeast Asia, the adoption of improved technology in agribusiness is at the center of national strategic policy goals. This is to augment food production output via enhancing cooperation between the private sector and agricultural infrastructure development.

    Reasons to Buy Agriculture Drones Market Report:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography, and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Agriculture Drones Market on the global and regional level.

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    Detailed TOC of Agriculture Drones Market Report are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Adoption of Precision Farming
    4.3.2 Increasing Investments in Technology for Agriculture
    4.3.3 Improved Farm Management
    4.3.4 Focus on Balanced Use of Agrochemicals
    4.4 Market Restraints
    4.4.1 Lack of Awareness and Slower Technology Adoption in Developing Countries
    4.4.2 Increased Incidence of Federal Laws
    4.4.3 High Initial Cost
    4.5 Industry Attractiveness – Porter’s Five Forces Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 Product
    5.1.1 Hardware
    5.1.1.1 Fixed-Wing
    5.1.1.2 Rotary Blade
    5.1.1.3 Hybrid
    5.1.2 Software
    5.1.2.1 Data Management
    5.1.2.2 Imaging
    5.1.2.3 Data Analytics
    5.1.2.4 Others
    5.2 Application
    5.3 Geography
    5.3.1 North America
    5.3.1.1 US
    5.3.1.2 Canada
    5.3.1.3 Mexico
    5.3.1.4 Rest of North America
    5.3.2 Europe
    5.3.2.1 UK
    5.3.2.2 France
    5.3.2.3 Germany
    5.3.2.4 Rest of Europe
    5.3.3 Asia-Pacific
    5.3.3.1 India
    5.3.3.2 China
    5.3.3.3 Japan
    5.3.3.4 Australia
    5.3.3.5 Rest of Asia-Pacific
    5.3.4 South America
    5.3.4.1 Brazil
    5.3.4.2 Argentina
    5.3.4.3 Rest of South America
    5.3.5 Middle East & Africa
    5.3.5.1 South Africa
    5.3.5.2 Saudi Arabia
    5.3.5.3 Rest of Middle East and Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Vendor Market Share
    6.2 Mergers & Acquisitions
    6.3 Company Profiles
    6.3.1 3D Robotics Inc.
    6.3.2 AeroVironment
    6.3.3 AGCO Corp
    6.3.4 AgEagle LLC
    6.3.5 Agribotix LLC
    6.3.6 AutoCopter Corp
    6.3.7 Delair-Tech SAS
    6.3.8 DJI
    6.3.9 DroneDeploy
    6.3.10 Eagle UAV Services
    6.3.11 Honey Comb Corp
    6.3.12 Parrot SA
    6.3.13 Precisionhawk
    6.3.14 Sentera LLC
    6.3.15 Trimble Navigation Limited
    6.3.16 Yamaha Motor

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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