Agriculture Drones Market Worldwide Analysis on Revenue, Segmentation and Key Players
One of the major factors driving the growth of this market is pressure on global food supply due to growing world population. The agriculture drones market is expected to grow from USD 1.2 billion in 2020 to USD 5.7 billion by 2025 at a CAGR of 35.9% from 2020 to 2025.
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“Agriculture drones market for hardware to hold larger share during forecast period”
senseFly (Switzerland) offers Sequoia, a multispectral sensor for agriculture drones that captures images across 4 defined, visible, and non-visible spectral bands; and plus RGB imagery in a single flight. PrecisionHawk (US), a leading market player, offers Lancaster, a fixed wing UAV with an IR camera system. FLIR Vue, a thermal camera offered by FLIR Systems (US), can be used as a payload in any agriculture drone for precision agriculture applications
Key Market Players
DJI (China), PrecisionHawk (US), Trimble Inc. (US), Parrot (France), 3DR (US), AeroVironment, Inc. (US), Yamaha Motor Corp. (Japan), DroneDeploy (US), AgEagle Aerial Systems, Inc. (US), and OPTiM Corp. (Japan) are some of the major players in the agriculture drones market. Major innovators in this market are senseFLY (Switzerland), Pix4D (Switzerland), Sentera Inc. (US), SlantRange (US), ATMOS UAV (Netherlands), Delair (France), and Nileworks Inc. (Japan).
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“Agriculture drones market for navigation systems to register highest CAGR in during forecast period.”
The agriculture drones market for navigation systems is expected to grow at the highest CAGR during the forecast period. Sentera (US) GPS + INS (Inertial Navigation System) technology together with their industry leading multispectral cameras and AI to create cutting-edge precision farming sensors. Navigation systems help agriculture drones to achieve centimeter-level positioning and orientation.
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