Reports and Data has published a novel research report titled, “Global Agriculture Drones Market-Industry Analysis, Size, Share, Growth, Trends, and Forecast 2021-2028”. The report offers a comprehensive analysis of the Agriculture Drones industry including recent development the market and emerging trends to help users, readers, and investors to understand market scenario and make investment plans accordingly. The report offers details about market size, market share, revenue growth, drivers, restraints, opportunities and challenges. The report is formulated through extensive research which is verified by experts in the industry.
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Market Overview:
The global agriculture drones market size was USD 1.37 billion in 2020 and is expected to register a revenue CAGR of 34.5% during the forecast period. Rising need to enhance crop health monitoring and increase agricultural productivity in order to reduce pressure on global food supply are some factors expected to drive market revenue growth during the forecast period. Agricultural engineers, agronomists, and farmers are shifting towards Unmanned Aerial Vehicles (UAVs) to gain more efficient oversight of fields and to plan and manage operations more accurately. Drone technology adds value throughout the growing season, from monitoring plant emergence right through to pre-harvest yield prediction and drainage planning for the next season.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, company overview, product service portfolio, and revenue generation. The global Agriculture Drones market is extremely competitive and consists of several key players at regional and global level. These players are focusing on various strategies such as investments in RD, new product launches, mergers and acquisitions, partnerships, joint ventures and collaborations to strengthen their market position.
Leading companies operating in the market are:
DJI, PrecisionHawk, Trimble Inc., Parrot SA, AeroVironment, Yamaha Motor Co., Ltd., AgEagle Aerial Systems, Inc., DroneDeploy, 3DR, and Sentera, Inc.
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Global Agriculture Drones Market Segmentation:
- Controller System
- Propulsion System
- Camera System
- Frames
- Navigation System
- Batteries
- Others
Regional Outlook:
The report offers in depth analysis of leading regions categorized into North America, Europe, Asia Pacific, Latin America and Middle East Africa.
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
Key questions addressed in the report:
- What are the key outcomes of Porter’s Five Force analysis?
- What CAGR is the global Agriculture Drones market expected to register during the forecast period?
- Who are the key players operating in the global Agriculture Drones market?
- What are the key factors that are expected to boost market growth between 2021 and 2028?
- Which key factors are expected to hamper overall market growth?
- What is the expected market size of Agriculture Drones market between 2021 and 2028?
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