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Data Bridge Market Research analyses that the unmanned aerial vehicles in agriculture market which was growing at a value of 8.20 billion in 2021 and is expected to reach the value of USD 25.97 billion by 2029, at a CAGR of 15.50% during the forecast period of 2022-2029.
The world class Unmanned Aerial Vehicles in Agriculture Market research report is structured with the thorough market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters, and well-informed researchers. This global market report offers an analytical assessment of the prime challenges faced by the market currently and in the coming years, which gives idea to other market participants about the problems they may face while operating in this market over a longer period of time. In the large scale Unmanned Aerial Vehicles in Agriculture market report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues.
Global Unmanned Aerial Vehicles in Agriculture marketing report provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. The report endows with the complete knowledge and information of rapidly changing market landscape, what is already there in the market, future trends or market expectations, the competitive environment, and competitor strategies that aids in planning the own strategies with which business can outshine the competitors. The widespread Unmanned Aerial Vehicles in Agriculture business report contains top to bottom analysis and estimation of various market related factors that plays key role in better decision making.
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Some of the major players operating in the unmanned aerial vehicles in agriculture market are:
The unmanned aerial vehicles in agriculture market is segmented on the basis of class, type, range, Mtow, mode of operation and point of sale. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Class
Type
Range
Mtow
Mode of operation
Point of sale
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Drivers
The fact that crop yields of rice, white rice, and maize are reduced in warmer climates due to growing of insects is a major factor driving the growth of the agricultural drones market. Due to the scarcity of skilled labour in the fields, farm owners are investing in agricultural drones to achieve shorter lead times in activities such as crop surveillance and seeding, among others, when compared to manual labour. In the case of large acreage field management, the need for agricultural drones has been deemed critical. Furthermore, remote and continuous monitoring of agricultural sites using various features such as infrared cameras, propulsion systems, GPS, customizable controllers, and flight planning will promote the use of agricultural drones to a greater extent.
Rapid population growth is putting pressure on the agricultural sector around the world to increase productivity in order to meet rising food demand. Farmers are increasingly implementing smart harvest technologies such as harvesting robots, automation, control systems, sensors, and imaging systems to increase profitability and output in less time and at a lower cost. The scarcity of arable land is a major factor driving demand for indoor farming activities and the increased use of remote sensing technologies to reduce labour costs.
Opportunity
Continuous sensor development and an increase in the number of applications across a wide range of industry verticals has fuelled the growth of automation and monitoring systems, allowing business executives to make data-driven decisions. Furthermore, increased awareness of predictive maintenance of heavy industrial machinery and other critical setups has benefited end-user industry verticals. As a result of the reduction in battery-powered sensors and lower maintenance costs, this is expected to increase demand for agricultural drones.
Restraints
Lack of proper air traffic management and a scarcity of skilled and trained professionals will likely act as market restraints for the growth of unmanned aerial vehicles in agriculture during the forecasted timeframe. The biggest and most pressing challenge for the market’s growth will be safety and security concerns and restrictions on commercial usage.
Unmanned Aerial Vehicles in Agriculture Market Regional Analysis/Insights
The Unmanned Aerial Vehicles in Agriculture market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Unmanned Aerial Vehicles in Agriculture market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The report answers questions such as:
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