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Agricultural Drones Market is projected to showcase significant growth via fixed wing product segment

Author : Ronak Bora | Published Date : 2019-05-16 

Agricultural Drones Market in fixed wing product segment is set to grow substantially in the coming years. The segment will dominate the industry over the forecast timeframe owing to the ability to carry heavy payloads and cover long distances. Imaging software plays a key role in processing images captured by cameras mounted on UAVs, which will fuel software revenue in the coming years.

UAVs with an infrared camera is used for crop scouting, which provides information about plant development stage, plant health, and moisture level of the soil & plant. Crop scouting is expected to acquire a high market share during the forecast period. agricultural drones market growth of this segment is attributed to FAA approval for using UAVs for agricultural purpose. The technological advancements focus on increasing the scouting time and area cover. AGCO, a manufacturer of agricultural equipment has developed SOLO AGCO EDITION drone that provides scout up to 240 acres in one trip with 20 minutes of flight time.

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Farmers, all over the globe, are gradually adopting the drone technology to obtain better yields and improve their efficiency by effective use of the land, water, and fertilizers. This technology is assisting farmers in analyzing soil and crop data by taking pictures of their fields. The UAV (unmanned aerial vehicle) in agricultural drones market are the popular drones, which are incorporated with thermal cameras to provide better vision to the farmers. These images help agronomists in decision making and better monitoring of plantation. With the addition of GIS, GPS and sensor technology, the hybrid UAVs are poised to better assist the farmers by providing enhanced maneuvering information.

Agricultural Drones Market in UAV LiDAR and photogrammetry imaging applications is expected to witness substantial growth during the forecast period. UVAs incorporated with infrared, hyperspectral, and multispectral cameras provide the required vision to the farmers, thus shielding the crops and farm. These images provide the necessary data and support the decision-making process. Images captured by multispectral cameras serve as an effective tool for plant health and soil evaluation analysis. Identification of weeds, pests, pesticide usage optimization, determining spacing issues, visual inspection of crops and fence are among the major benefits.

The developments in Agricultural Drones Market is set to change the business landscape of agriculture and enable ultra-precision farming. The agricultural sector is likely to witness a major transformation in its value chain, as the robotic technology is set to enter into different aspects of farming. Rising deployment of this advanced technology is most probable to change the future of agrochemicals business and modify the designs of agricultural machinery. This has significantly impacted the market dynamics of the global agricultural drones industry.

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Asia Pacific agricultural drones market is fueled by technological advancements, government funding, and increasing adoption. In China, the government has included agricultural drones as national subsidized agricultural machinery to increase its adoption. As per the Ministry of Agriculture, China, the agricultural UAV ownership number crossed 4,800 in 2016, which is double the number in 2015. The other agriculture dominated countries in Asia Pacific are expected to contribute to the industry growth owing to the increasing usage of this product to improve the yield.

The digital agriculture brought by these drones and robots is charting a path for next-gen agricultural industrialization. As per the UN Food and Agriculture Organization, by 2050, the world will need to produce 70% more food than it did in 2006 to feed the ever-growing population of the Earth. The government entities of many countries are likely to encourage and take initiatives regarding the use of such technologies in precision farming. Global Market Insights, Inc., forecasts the global shipment in agricultural drones market to exceed 200 thousand units by 2024, growing at a rate of 13% over the period of 2017-2024.

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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