Agriculture Drones Market

June 22nd 2016 Mumbai, India: Bharatbook.com announces a report on “ Agriculture Drones Market by Type Application, Component and Geography - Global Forecast to 2022 ”. The market in APAC is expected to grow at the highest rate during the forecast period.

The agriculture drones market is at its growth phase; it is expected to reach USD 4,209.2 million by 2022, growing at a CAGR of 30.19%. Rise in the awareness about the benefits of agriculture drones among the farmers and agronomists and the availability of software solutions for field surveys and data analytics are the key factors driving the growth of this market.

Field mapping application is expected to capture the largest share of the agriculture drones market during the forecast period

Field mapping application captured the largest share of the Agriculture Drones Market in 2015 and is expected to exhibit the same trend till 2022. This application of agriculture drones helps to look at the condition and health of crops in different soil types and management zones to delineate crop health and yield potential; this propels the growth of the agriculture drones market for field mapping application.

North America is a major market for agriculture drones

North America is expected to capture the largest share of the agriculture drones market in 2016. In this region, agriculture drones products are gaining momentum for various agricultural applications such as seeding, spraying, and livestock farming. Along with this, increasing funding from venture firms for UAV manufacturers is driving the growth of the agriculture drones market in North America. The market in APAC is expected to grow at the highest rate during the forecast period. In this region, India has been considered, which plans to boost its manufacturing under the project “Make in India”; this is a key driving factor for the growth of the agriculture drones market in APAC.

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