Global US Agricultural Drone Market Analysis, Historic Data and Forecast 2020-2026
Summary – A new market study, “US Agricultural Drone Market: Current Scenario and
Forecast (2019-2025): Emphasis on Drone Type (Fixed-Wing, Multi-Rotor, Hybrid),
Application (Field Mapping, Crop Spraying, Agricultural Photography, Crop
Monitoring, Soil Monitoring) and Region (Mid-West, South, Northeast, West)”has been featured on
WiseGuyReports.
United States Agriculture Drone market was valued at US$
72.10 million in 2018 and is anticipated to reach US$ 144.8 million by 2025
displaying explosive CAGR of 9.96% over the forecast period (2019-2025). With
the rapid technological breakthrough, farmers are opting for agricultural
drones to enhance their agricultural productivity. Being one of the newest and
efficient tools in agriculture, they assist the farmers in a wide range of
tasks from analyzing, planning to the actual planting of crops, and the
subsequent monitoring of fields to ascertain the health and growth of crops.
Furthermore, surging investments by established players along with the
favorable government policies are expected to allow large and small operations
to aid in effective farming practices. For instance, in 2016, US investments in
agricultural drones and robotic technology amounted to US$ 389 million and
approximately 40 companies raised funds. Investors such as Monsanto, Syngenta
and Mitsui have backed various emerging start-ups for improving, harvesting,
crop spraying and irrigation. The rising trend of implementation of UAVs for
enhanced productivity and increasing awareness of precision agriculture for
crop scouting and field mapping is expected to drive the adoption of drone in
agriculture sector in the US. US has the highest adoption rate of aerial
agriculture drones. It has been primarily adopted for crop dusting efficiency
over large fields and precision agriculture and farm management. Labor
shortages in the country, reduced input requirements and high yield efficiency
coupled with various other incentives have been catalyzing factors influencing
the growth of agriculture drones in the United States.
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“Fixed Wing Drone is expected to dominate the US agriculture
drone market during the analyzed period.”
Based on drone type, the report segments the US agricultural
drone market into fixed-wing drones, multi-rotor drones and hybrid drones.
Fixed-wing Agriculture drones hold the maximum market (47.2% share) and are
expected to keep its dominating over the forecast period as they provide exact
information and ensure the effective monitoring of the agriculture field.
Fixed-wing agriculture drones are considered to be the best choice to monitor
the field hence, they occupy the lead share in the market.
“Crop spraying as an agriculture drone application dominates
the market in 2018 and is expected to dominate the market during the analyzed
period.”
Based on application, the market is segmented into field
mapping, soil monitoring, agriculture photography, crop spraying, crop
monitoring. Crop spraying generated revenue of US$ 19.45 million in 2018. The
segment is expected to dominate the US agriculture drone market during the
analyzed period as the devices installed to support the farmers by measuring
the distances with extreme precision. Application of crop sprayer results in a
massive reduction in overall spray and much lower chemical level reaching the
groundwater. With the usage of agriculture drones, the farmers can complete
spraying jobs about 5 times faster than traditional methods. Crop Monitoring
segments are expected to witness highest rate of adoption of drones in the US
in coming years.
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https://www.openpr.com/news/1813976/ice-cream-toppings-market-segmentation-parameters
“Mid-West the largest crop-growing region dominated the
adoption of drone in the US agriculture sector in 2018”
For a better understanding of the overall adoption of the
agriculture drone in the US, detailed regional level analysis was conducted
including North East, Midwest, South and West regions. Among all these regions,
the Mid-West region is expected to witness considerable growth over the
analyzed period due to increasing technological advancement and infrastructural
development in the region.
Competitive Landscape-Top 10 Market Players
Some of the major players operating in the US agricultural
drone market include Aero Vironment Inc, Trimble Inc, AgEagle Aerial Systems,
Inc., Precision Hawk, Senetra, Drone Deploy, Deveron, DJI, Intel, and John
Deere Company. These companies are entering into partnership or investing in
R&D to come up with innovative products for the agricultural sector. US
agricultural drone market also witnessed emergence of various start-ups in
recent past.
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Reasons to buy:
• The study includes market sizing and forecasting analysis
validated until 2025. The analysis presented in the report is a combination of
deep-dive secondary research and input from Key Opinion Leader of the industry
• The report presents a quick review of overall industry performance
at one glance
• The report covers in-depth analysis of prominent industry
peers with a primary focus on key business financials, product portfolio,
expansion strategies and recent developments
• Detailed examination of drivers, restraints, key trends and
opportunities prevailing in the industry.
• Examination of industry attractiveness with the help of
Porter’s Five Forces analysis
• The study comprehensively covers the market across
different segments and sub-segments
• Deep dive regional level analysis of the industry such as
North, Mid-West, South and West
• The study also covers the comprehensive region-wise
analysis in the United States
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Customization Options:
Agricultural Drones market can further be customized as per
the requirement or any other market segment. Besides this, UMI understands that
you may have your own business needs, hence feel free to connect with us to get
a report that completely suits your requirements.
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