Agricultural Drones Market Regulations, Size, Share and Competitive Landscape Outlook to 2018 : Credence Research

According to a new market report published by Credence Research Inc., “Global Agricultural Drones Market (By Product Type (Fixed Wing Agricultural Drones, Multi Rotor Agricultural Drones, and Hybrid Agricultural Drones), By Application (Variable Rate Application (VRA), Crop Scouting, Field Mapping, Others (Livestock, Agriculture Photography, etc.))) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 – 2026”, the global agricultural drones market is expected to witness a growth of 18.5% CAGR during the forecast period 2018 – 2026.

Browse the full Global Agricultural Drones Market (By Product Type (Fixed Wing Agricultural Drones, Multi Rotor Agricultural Drones, and Hybrid Agricultural Drones), By Application (Variable Rate Application (VRA), Crop Scouting, Field Mapping, Others (Livestock, Agriculture Photography, etc.))) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2018 – 2026 report at http://www.credenceresearch.com/report/agricultural-drones-market

Product Insights

The global agricultural drones market is likely to achieve great heights in the coming years. Advances in technology and resulting shift toward automated solutions is driving traditional farm equipment toward obsolescence, creating demand for state-of-the-art automated solutions. The rapid progressions in technology have led to the development of agricultural unmanned aerial vehicles (UAV) with superior imaging capabilities and features. The agricultural drone manufacturers across the globe are focused on developing drones with technologies including GPS, GIS (Geographic Information System), and autopilot system to aid farmers in applications including crop scouting, field mapping, etc. The Competencies of drones to accurately sprinkle fertilizers without disturbing soil fertility is expected to boost their adoption for cropping applications in the coming years. On the contrary, drone is identified as the major factor in inhibiting widespread adoption of drones. Furthermore, owning drones as a legal entity and acquiring privacy rights is another major concern for the market.

Competitive Insights:

Honeycomb Corporation, Ageagle LLC, Ursula Agriculture, Delair-Tech SAS, Yamaha Motor Co., Ltd., Eagle UAV Services, DJI, Parrot SA, Precisionhawk, and Trimble are some of the major and established players identified in the global agricultural drones market Navigation Limited. In order to expand their offerings and better penetrate markets, the manufacturers are foreseeing an opportunity to expand their offerings.

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