Agriculture Drones Market – 2019-2025
The agriculture drones market was estimated to be USD 9.9 billion in 2018 and it is expected to register a CAGR 7.13% during the forecast period (2019-2025). North America and Europe are the largest and the most advanced markets with respect to the adoption of innovative technologies in the field of agriculture, while South America has the greatest potential for growth in this market. The presence of a large share of the agricultural area as fragmented holdings in Asia, especially in regions of India, limits the potential growth of the agriculture drones market over the forecast period.
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Scope of the Report
Drones are a stirring innovative technology that could change how farmers manage their operations. This technology is ultimately expected to become as pervasive as tractors. Among other uses, drones are capable of collecting data that can be used to decide if crops have enough water or to even find leakages in the irrigation system.
This report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Opportunity mapping in terms of technological breakthroughs
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Key Market Trends
Increasing Adoption of Precision Farming
The concept of precision farming has a lot of advantages for the agricultural sector. Different technologies, such as global positioning systems and guided vehicles, are being developed to create an era of precision farming. The rapid growth of the agriculture sector, which is now inculcating technological innovations into its agricultural practices will continue to drive the market for precision farming, and subsequently of agriculture drones as a part of it. With the increasing demand for food, globally, there is a constant pressure to increase agricultural productivity as well as to maintain good crop health. This is expected to lead to an increase in production.
North America to dominate the global market
North America and Europe are the largest and most advanced markets with respect to the adoption of innovative technologies in the field of agriculture. As a result of declining Total Factor Productivity (TFP) in East Asia and Southeast Asia, the adoption of improved technology in agribusiness is at the center of national strategic policy goals. This is to augment food production output via enhancing cooperation between the private sector and agricultural infrastructure development.
The agriculture drones market is highly fragmented, with a number of local and regional players, in addition to the presence of major players. Relatively high capital requirements and the need for continuous R&D investments could affect new entrants. New entrants need to contend with the presence of market incumbents. This is because of their strong presence in several industries.
Customization of the Report
- Value chain analysis
- Consumer behavior analysis at country level
The report includes six parts, dealing with:
1.) basic information;
2.) the Asia Agriculture Drones Speaker Market;
3.) the North American Agriculture Drones Speaker Market;
4.) the European Agriculture Drones Speaker Market;
5.) market entry and investment feasibility;
6.) the report conclusion.
Table of Content:
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The report Research:
1.The report Research provides key statistics on the market status of the Agriculture Drones manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of Agriculture Drones industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of Agriculture Drones Industry before evaluating its feasibility.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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