Agriculture Drone Market: Rising Demand to Increase Agricultural Production in Emerging Economies to Compel Adoption of Agriculture Drones

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The vendor landscape of the global agriculture drone market is expected to witness entrance of new players who are expected to bring advance technologies to the market, helping the market move ahead in the direction of maturity, observes Transparency Market Research in a recent report. Venture funding has already started picking pace in the field of agriculture technologies and big investors are becoming more willing to invest in start-ups with new solutions for precision farming. The trend of investment points at the promising growth potential that the market shall possess in the near future.

Manufacturers of agriculture drones are continuously innovating agri-drones in terms of the functionality to stay ahead of the intensifying competition. Companies are actively developing advanced product varieties such as quadcopter drones that can efficiently cater to farmer’s need. Moreover, leading players in agriculture drones market are collaborating with software providers and small vendors to bring easy-to-use and advanced drone packages. Some of the leading vendors in the market are Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot SA, Aerovironment Inc., DJI Innovate, Yamaha Corporation, Sentera LLC., and Ideaforge India Private Ltd.

According to the report, the global agricultural drone market will expand at an exponential 21.35 CAGR from 2018 to 2026, rising to a valuation of US$1,932.6 mn by 2026.


The excellent growth prospects of the global agriculture drone market can be attributed to the growing demand for aerial spraying and the need to increase farm productivity across a number of regional markets. Demand for surplus farm productivity is especially pressing in emerging economies that depend on imports to support the food requirements of their population. Demand for drone technology is expected to increase in the coming years as countries across the globe become increasingly aware about the technology and are ready to adopt UAVs in farms for a number of applications.

The rising number of technologically advanced, innovative, and low-cost products in the market are also contributing to the promising growth prospects of the global agriculture drone market. In Asia Pacific, fast-paced research and development activities in the field of robotics will lead to the promising development of the agriculture drone market.

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