The report on Agricultural Drones Market by type (software, and hardware), component (frame, camera
system, controller system, battery, propulsion system, and navigation system), applications (variable rate
application (VRA), crop scouting, livestock, field mapping, and agriculture photography) trends analysis and
forecasts up to 2023 studies the market sizes, key trends and opportunities in the main geographies such as
North America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Agricultural Drones
Market is projected to grow at a CAGR of 32.7% in terms of value over the period of 2017-2023. The growth in
the world market is primarily driven by significant contribution by North America (Leading region) region to
this market.
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Market Insights:
The report identified that global agricultural drones is driven by factors such as applications of technology in
agriculture, cost-effectiveness and high efficiency of drones, and significant drop in manual labour in
agriculture. While the restraining factors include security and safety concerns, and air traffic management.
Further, the report identifies the opportunities in the world market as rising demand for drones from
countries in APAC. The U.S. is the largest consumer of agriculture drones in the world market due to
preference for mechanized farming among the farmers in the U.S. Agriculture drones are smaller and cheaper
drones that have highly efficient and advanced sensors and imaging capabilities. Moreover, the agriculture
drones technology is based on internet of things (IoT) which helps improve agriculture yield and reduce crop
damage. Agriculture drones are used to take the photographs of the crops to identify the problem areas. The
IoT uses sensors to supplement images of the agriculture field from above which in turn helps using the
analytics to understand the changes in the crops. Furthermore, usage of digital means has brought significant
change to manual farming which was one of the bigger challenges for the large farmers.
The global agriculture drone market is driven by the factors such as increasing applications of technology in
agriculture, cost- effectiveness and high efficiency of drones, and significant drop in manual labour in