Agricultural drones market report announced

A major technological advancement, in recent times, is in the area of UAVs (unmanned aerial vehicles), more popularly known as drones. Originally developed for aerospace and military purposes, drones nowadays have found their way into various sectors, particularly agriculture, due to the enhanced levels of safety and the efficiency they provide.

An increase in automation and attention to detail given by the drones, in farming, is one the main reasons farmers adopting them.

Agricultural drones provide many advantages and features such as monitoring crop and soil data, seed planting, crop management amongst many others which ultimately contribute towards improving productivity by efficiently using fertilisers, water, and soil. Different types of agricultural drones also have the ability of determining overall crop and plant health, land distribution, crop lifecycle amongst thereby maximising yield and understand crop planting locations.

Agricultural development is one of the most essential and powerful tools to diminish poverty and to feed the growing population of the world which is expected to reach 9.7 billion people by the end of 2050. Drones provide an alternative to lack of skilled workers, heavy equipment and other expensive tools required in the field. Agricultural drones have the ability of spraying chemicals almost 40% to 60% better than humans and thereby save on the resources too.

Impact of COVID lockdowns on agricultural drones market

The COVID lockdowns have disrupted most of the manufacturing and global supply chains, preventing agricultural drone manufacturers to procuring raw materials and various components essential for the assembling an agricultural drone.

However, several countries imposing lockdowns and under strict social distancing norms labour availability has reduced only to boost the demand of agricultural drones even further. Most importantly, such events from 2020 have also exerted a shock on the global food demand, lowering purchasing power, thereby causing a deterioration in the global agricultural sector and also the agricultural drones market.

Agricultural drones: regional market outlook

North America accounts for the highest demand of high quality crops, increasing automation and growing cost of labour, which will increase the sales of agricultural drones even further. North America is also not prone to strict regulations against usage of drones in agriculture.

However, due to large fields, growing population, and increased food demand in the Asia-Pacific region, the area has become a more favorable region which could account for a higher growth in the agricultural drones market.

Agricultural drones report highlights

• Detailed overview of parent market of the market
• Changing the market dynamics in the industry
• In-depth Agricultural drones market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments in agricultural drones
• Agricultural drones market competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

The above insights are based on a report, 'Agricultural Drones Market', by Fact.MR. The report can be accessed at this page.