“Agriculture Drones Market is expected to grow from USD 1.2 billion in 2020 to USD 5.7 billion by 2025 at a CAGR of 35.9% from 2020 to 2025. One of the major factors driving the growth of this market is pressure on global food supply due to growing world population.
Major players in the market are:DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot Drones (France), 3DR (US), AeroVironment, Inc. (US), Yamaha Motor Corp. (Japan), DroneDeploy (US), AgEagle Aerial Systems, Inc. (US), OPTiM Corp. (Japan)
“Agriculture drones market for software and services offering to grow at higher CAGR during forecast period”
The agriculture drones market for software and services offering is expected to grow at a higher CAGR during the forecast period. Pix4D (Switzerland), a subsidiary of Parrot SA, offers Pix4Dmapper Mesh for DJI drones, which is a special edition of its imaging software. The software measures lines and surfaces, creates fly through videos, and exports this 2D information in full 3D-textured mesh and video format. Trimble Navigation is one of the key players in the agriculture drones market offering software products and services for yield monitoring, water management, and farm survey
“The camera systems are likely to account for the largest share of the agriculture drones market during forecast period”
The camera systems are likely to account for the largest share of the agriculture drones market during forecast period. Different types of cameras such as multispectral, infrared (IR), thermal, LIDAR, and high-resolution cameras are mounted as payload on the drones, which help monitor the yield. senseFly (Switzerland) offers Sequoia, a multispectral sensor for agriculture drones that captures images across 4 defined, visible, and non-visible spectral bands; and plus RGB imagery in a single flight. PrecisionHawk (US), a leading market player, offers Lancaster, a fixed wing UAV with an IR camera system. FLIR Vue, a thermal camera offered by FLIR Systems (US), can be used as a payload in any agriculture drone for precision agriculture applications.
Agriculture drones market in APAC to grow at highest CAGR during forecast period
The agriculture drones market in APAC is expected to grow at the highest CAGR during the forecast period. Factors driving the adoption of agriculture drones in APAC include the increasing demand for food, high pressure to improve yields with limited available resources, and increasing requirements to protect crops from unexpected climatic changes. Many insurance companies and governing bodies in India have been using agriculture drones to gather information about crop losses caused by deficit rainfall in India.