Global Agriculture Drone Market by Product , Application, Geography and Forecast to 2025
The Global Agriculture Drones Market is expected to grow at a CAGR of 31.1% from 2019 to reach $5.19 billion by 2025.
The growth in the agriculture drones market is mainly attributed to the growing population and rising pressure on the global food supply, increase in venture funding for development of agriculture drones, growing e-agriculture or information and communication technologies (ICTs), rising automation in agriculture, growing emphasis on enhancing agriculture efficiency, and rising need for water conservation across the globe. However, technical limitations of drones are likely to hinder the market growth to some extent.
Request a free sample copy Agriculture Drone Market Report @
The study offers a comprehensive analysis of the global agriculture drones market with respect to various types.The global agriculture drone market study presents historical market data in terms of value (2017 and 2018), estimated current data (2019), and forecasts for 2025-by product (hardware (rotary blade, fixed wing, and hybrid) and software), application (precision agriculture, livestock monitoring, smart greenhouse, irrigation, precision fish farming, and other applications), and geography. The study also evaluates industry competitors and analyzes the market at regional and country level.
On the basis of product type, hardware segment is estimated to command the largest share of the overall agriculture drones market in 2019. Growing need for replacement, upgradation, and modification in the drone hardware components to increase the lifespan and performance of drones as well as to gain competitive advantage is driving the growth of this market. Rotary blade drone is estimated to command the largest share of the overall agriculture drones hardware market in 2019. The largest share of this segment is due to its greater maneuverability and compact design, easy to use nature, higher payload capacity, and comparatively lower price than the other types of drones. However, hybrid drones segment is expected to grow at the fastest CAGR during the forecast period.
Browse our full report with Table of Content :
About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Market Trends & Analysis, Forecasts Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.
Contact us at:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
|Target State: All States|
Target City : All Cities
Last Update : Dec 13, 2019
Number of Views: 6
|Item Owner : Prachiti Sharma|
Contact Phone: 27810773
|Friendly reminder: Click here to read some tips.|