Infinium Global Research Agricultural Drones Market | Page 7

Agricultural Drones Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2023
working in some of the leading players in the agricultural drones market. The
primary interview participants typically includes managers and CXO level executives
of the leading players in this market.The primary interviews not only help identify
the market size of the agricultural drones market but also identify the factors that
promote the growth in the market and the factors that restrain the growth in this
market. The views of primary respondents were reconciled to provide qualitative
analysis of the agricultural drones market. The primary respondents also help
identifying top 5-10 players and their possible market share in the respective
country markets and in world market. The bottom-up approach is used to validate
the global market size of agricultural drones. With the help of primary interviews
and secondary research the market size of agricultural drones is determined for
each country studied, which then is added to arrive at regional market size and
thereby obtaining global market size. This in turn helps us to validate the market
size of agricultural drones in the world market.
Executive Summary
GLOBAL AGRICULTURAL DRONES MARKET HIGHLIGHTS, (USD MILLION)
The global Agricultural Drones market was worth USD 525.6 million in 2016 and it is
projected to reach USD 4898.051 million in 2023, expanding at a CAGR of 32.7%
between 2017 and 2023.Agriculture drones are used to take the photographs of
the crops to identify the problem areas. 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