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Agriculture drones are upcoming digital farming tools, which not only provide end-to-end transparency about the crop production to the consumers but also assist in increasing the food productivity. Their growing adoption in precision farming and availability of innovative technology are major growth drivers, which are likely to augment the agriculture drones market growth over the coming years. The major benefits of agriculture drones include enhanced crop productivity and efficient usage of fertilizer, land, water & other resources.
A glimpse of the major drivers and restraints affecting the agriculture drones market is mentioned below.
> Increasing productivity and more efficient use of land, water and fertilizer
> Continuously changing in drones technology
> Adoption of Drones for Precision Farming
> Issues regarding security, privacy and standards
> Initial investment is high
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Increasing demand for food to meet the growing population’s need is also expected to drive the market in the near future due to the drone’s benefits of high productivity and efficient usage of resources across the globe. Agriculture drones are helping consumers to make decisions at the right time facilitating positive results. Continuous improvements to agriculture drones, including better sensors, materials, imaging capabilities will further aid to the industry growth in the near future. However, high initial capital investment along with the security & privacy issues are some of the major challenges, which may hinder market growth over the coming years.
Growing usage of drones due to its capability of gathering quality-data and convenience along with rising consumer-awareness about digital farming are expected to boost market demand over the forecast period. Agriculture drones provide better crop visualization to make agriculture more productive. It connects securely and seamlessly to the internet to transform agriculture into a data-driven future across the globe.
The global agriculture drones market has been segmented based on technology into spraying, pest control, mapping, seeding, precision agriculture and remote sensing. The crop spraying technology is one of the fastest growing segments and is expected to grow at a significant rate over the forecast period owing to increasing adoption of agriculture drones for spraying application to increase the crop-yield and to reduce the farming wastage from fertilizers & other materials.
Asia Pacific is one of the fastest growing market for agriculture drones and is expected to witness a substantial growth over the forecast period on account of rising investments in R&D along with favorable government initiatives to encourage agricultural activity, extensively in China, India, and Japan. In addition, the presence of major players such as DJI (China), and Yamaha (Japan) is also expected to suffice the increasing demand in the region.
Major Table Of Contents:
2. EXECUTIVE SUMMARY
3. MARKET ANALYSIS OF AGRICULTURE DRONES
4. AGRICULTURE DRONES MARKET ANALYSIS BY TECHNOLOGY
5. AGRICULTURE DRONES MARKET ANALYSIS BY GEOGRAPHY
6. COMPETITIVE LANDSCAPE OF AGRICULTURE DRONES COMPANIES
7. COMPANY PROFILES OF AGRICULTURE DRONES INDUSTRY
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