Impact of COVID-19 Crisis on Gobal Agricultural Drone Market Demand and Consumption Growth, Predicts KDMI

KD Market Insights has published a report on global Agricultural Drone market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Agricultural Drone market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Agricultural Drone market covering market segments by offering and application .

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Agricultural drones are being used in a variety of agricultural applications such as soil & field analysis, planting, crop spraying, crop monitoring, irrigation, and health assessment. Drones these days are capable of allowing farmers, and the drone pilots to increase efficiency in certain aspects of the farming process.

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Market Drivers & Restraints

Drones are used in various fields ranging from the military, humanitarian relief, disaster management to agriculture, out of which, the agricultural application is expected to thrive at a remarkable pace in upcoming years. The world is facing food security challenges, more than 815 million people are chronically hungry around the world. In order to tackle this challenge, farming communities and others involved in agriculture are adopting modern agriculture methods such as precision farming and others. This rapid adoption of modern agriculture has boosted the demand for advanced agricultural technologies such as agricultural robots, agriculture drones, and others.

Rapid commercialization of agriculture is a key factor which is encouraging the adoption of advanced technologies in agriculture. agronomists, agricultural engineers, and farmers are adopting agricultural drones to gain more efficient crop insights and to more accurately plan and manage their operations. Since the early introduction of drones in agriculture, drones have come a long way and are offering remarkable aid to the farmers.

Drones are continuously proving their capabilities in agricultural applications, even in those applications which were very tough to be done by traditional methods such as spraying taller crops, access to difficult terrain, spraying under or around power lines pylons and others. Apart from this, the hype of digital agriculture is also growing at an unprecedented rate across each region. This digital revolution in agriculture will allow a step-change in the optimum adoption of agricultural techs such as drones in the coming years. Factors such as growing population and rapidly shrinking arable land area are also encouraging the adoption of new tools which can unlock multiple benefits for the farmer.

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Segmentation Analysis

By Offering

– Drone

– – – Fixed Wing

– – – Hybrid

– – – Rotary Blade

– – – Others

– Software

– – – Imaging

– – – Data Management

– – – Data Analytics

– – – Others

By Application

– Field Mapping

– – – Weed Detection

– – – Crop Health Monitoring

– – – Others

– Variable Rate Application

– Crop Scouting

– Livestock

– Others

This research report studied the Agricultural Drone market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Agricultural Drone market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

This study evaluates and categorizes the key vendors in the Agricultural Drone market. The key companies published in the report include among others

– DJI Innovation

– Aerovironment, Inc.

– Trimble Navigation Ltd.

– Precisionhawk

– Parrot SA

– Yamaha

– Honeycomb Corporation

– Agribotix, LLC

– Skycision, Inc.

– Raptor Maps

– Other Major & Niche Players.

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

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Why you should buy this research report:

In the past years, the Agricultural Drone has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Agricultural Drone market. This report will help you:

  1. Obtain Full Understanding Of Global Agricultural Drone Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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KD Market Insights

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+1 (518) 300-1215

Email: [email protected]

Website: www.kdmarketinsights.com

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