ICT & Electronics Global Agricultural Drones Market (2016-2024)- Res | Page 7

stood at revenue around USD 300.5 Million in 2016 and is expected
to reach at a valuation about USD 3.7 Billion by the end of forecast
period. Further, global agricultural drones market is expected to grow
on the back of blooming population coupled with increasing need for
precise farming in order to improve overall crop production. Further,
implementation of advanced technologies including agricultural
robots in crop fields is a major trend.
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In terms of region, global agricultural drones market is segmented into
five major regions including North America, Europe, Asia Pacific, Latin
America and Middle East & Africa region. Among these regions, North
America is the largest market of agricultural drones and is expected to
experience remarkable growth during the forecast period. Moreover,
high adoption rate of advanced agricultural technologies in this region
especially in U.S. is a key factor which is likely to fuel the growth of
agricultural drones market in this region. Additionally, increasing
awareness towards benefits of precise farming coupled with rising uses
of agricultural drones in farming application such as crop scouting, seed
spraying and field mapping are also expected to foster the expansion of
agricultural drones market in North America region .
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