Title: agricultural drones market.
12022
Increasing Demand for Food Fueling Drone Usage in
Agriculture
2The burgeoning requirement for agricultural
products such as fruits and vegetables, on
account of the booming global population, is
driving the demand for advanced farming methods
that can fuel higher agricultural productivity.
As per the United Nations (UN), the total
population across the world will rise from 7.7
billion in 2019 to 9.7 billion by 2050. Due to
this factor, farmers are increasingly adopting
devices such as drones in farming
processes. Moreover, drones provide various
benefits to farmers such as the real-time
monitoring of crops, soil analysis, and crop
spraying. The other major factor propelling the
demand for agricultural drones is the relaxation
of regulations regarding the deployment of drones
by the governments of several countries such as
the U.S., Germany, China, India, and Brazil. This
is, in turn, pushing up the deployment of drones,
which is, in turn, driving the expansion of the
global agricultural drones market. Request for
sample copy of this report https//www.psmarketre
search.com/market-analysis/agricultural-drones-mar
ket/report-sample The market is expected to grow
at a CAGR of 25.0 from 2019 to 2024.
Furthermore, the market revenue will rise from
1.5 billion in 2018 to 6.2 billion by 2024.
Depending on the aerial platform, agricultural
drones are categorized into multi-rotor,
single-rotor, and fixed-wing. Out of these, the
demand for multi-rotor agricultural drones is
currently the highest, mainly because of the fact
that these drones are considered to be more user
friendly than the other variants.
3Additionally, these drones are available at
affordable prices. These drones are majorly used
for applications such as crop management, health
assessment, and crop spraying. In the upcoming
years, the popularity of the fixed-wing
agricultural drones will rise rapidly, primarily
because of their ability to carry heavier loads
and cover larger farming areas than the other
drones. Depending on application, the
agricultural drones market is categorized into
crop monitoring, health assessment, crop
spraying, soil and field analysis, irrigation,
and aerial planting. Out of these, the crop
spraying category contributed the highest revenue
to the market in 2018. Spraying via drones
ensures that the liquid is properly and
adequately sprayed over the crops, thereby
improving the efficiency of the process. This, in
turn, improves the agricultural yield. In
addition to this, the usage of drones for crop
spraying reduces the wastage of pesticides and
water by ensuring that only the required quantity
of the liquid is sprayed. Browse full report
at https//www.psmarketresearch.com/market-analys
is/agricultural-drones-market Moreover, it helps
farmer monitor far-fetched farming areas in
real-time. Geographically, the agricultural
drones market will demonstrate the fastest growth
in the Asia-Pacific (APAC) region in the upcoming
years, as per the estimates of the market
research company, PS Intelligence. This will be
because of the growing requirement for
agricultural products, on account of the
mushrooming population, in the region. As per the
UN, APAC is home to around 60 of the global
population. Hence, it is clear that the demand
for agricultural drones will surge sharply in the
forthcoming years, primarily because of the
rising requirement for higher agricultural
productivity, on account of the mushrooming
population all over the world.
4Market Segmentation
- By Aerial Platform
- Multi-Rotor
- Single-Rotor
- Fixed-Wing
- By Size
- Micro
- Small
- Medium
- Large
- By Application
- Soil and Field Analysis
- Crop Monitoring
- Health Assessment
- Irrigation
- Crop Spraying
- Aerial Planting
- By Region
- North America Agricultural Drones Market
- Europe Agricultural Drones Market
- Asia-Pacific (APAC) Agricultural Drones Market
- Latin America (LATAM) Agricultural Drones Market
- Middle East Africa (MEA) Agricultural Drones
Market
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