Infinium Global Research Agricultural Drones Market | Page 2

Agricultural Drones Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
REPORT DESCRIPTION
As per the report the global agricultural drones market was worth USD 525.6
million in 2015 and it reached USD 4898.051 million in 2023. The global market is
expected to grow at a CAGR of32.7% over the forecast period of 2017 – 2023. To
increase the crop production and growth the agricultural drones are used, there are
advance sensor and digital imaging capabilities that helps farmer to gather a good
picture of their fields.
This report estimates the market size of agricultural drones in terms of value (USD
Million) over the period of 2015 to 2023. The year 2016are considered to be base
years, and 2017 to 2023 is considered to be a forecast period. The market sizes for
agricultural drones by applicationand by regions are estimated in terms of value.
This market research study provides detailed qualitative and quantitative analyses
of the global agricultural drones market. Additionally, the report provides a
comprehensive review of the major market drivers, restraints, opportunities in the
global as well as regional markets of agricultural drones. The market analysis covers
major geographic regions, such as North America, Europe, Asia-Pacific, and Rest of
the World (RoW). The market size and forecasts are also given for these regions.
Furthermore, this report provides insights into the market using analytical tools
such as Porter’s five forces analysis and DRO analysis of agricultural drones market.
Moreover, the study highlights current market trends and provides forecast from
2015 to 2023. We also have highlighted future trends in the global agricultural
drones market that will impact the demand during the forecast period. The IGR-
Growth Matrix analysis provided in this report highlights key investing markets in
the world. This report will help manufacturers, suppliers and distributors to
understand the present and future trends in this market and formulate their
strategies accordingly.
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