26.06.2017 Views

Agriculture Drone Market Fractovia

For More Information @ http://bit.ly/2r8CmYu The three key advantages of using drones in agriculture are that they improve crop efficiency, supply plenty of useful information in less time, and provide myriad environment friendly benefits. Farmers and landowners are becoming increasingly aware of these benefits and are working toward utilizing the same for farming, thereby impacting Agriculture Drones industry.

For More Information @ http://bit.ly/2r8CmYu
The three key advantages of using drones in agriculture are that they improve crop efficiency, supply plenty of useful information in less time, and provide myriad environment friendly benefits. Farmers and landowners are becoming increasingly aware of these benefits and are working toward utilizing the same for farming, thereby impacting Agriculture Drones industry.

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Europe Agricultural drones industry will also witness substantial growth, driven by the<br />

increasing manufacturing of UAVs and favorable government initiatives pertaining to<br />

the agricultural sector in this region. Venture capitalists are getting interested in these<br />

startups as the return on investments is huge. Renowned companies who are leading<br />

the trend include Syngenta, Monsanto, Mitsui, and DGI. Asia pacific is also expected<br />

to mark a footprint in the global market in the years to come, owing to the increasing<br />

number of research activities to broaden the application of these hi-tech drones in the<br />

agricultural industry.<br />

Europe Agricultural <strong>Drone</strong>s <strong>Market</strong> Size, by Product, 2016 & 2024 ($ Mn)<br />

Considering the product front, the agriculture drone market is majorly bifurcated into<br />

hardware and software. Hardware agricultural drones industry is further segmented<br />

into fixed wing, hybrid, multirotor, and nano-UAVs. Fixed wing market led the industry<br />

share in 2016, by accounting for almost 70% of the total market. Its ability to perform<br />

long distance tasks and carry heavy pay loads allows it to be the most preferred choice<br />

for farmers. Software solutions provide optimized real-time data that help the farmers<br />

to properly monitor and inspect the current condition of the fields which finally boosts<br />

the productivity.<br />

Expansion of regional base and strategic collaborations are the key strategies adopted<br />

by the market players to proliferate their economic position. Prominent agricultural<br />

drones industry participants include 3D Robotics, PrecisionHawk, and AeroVironment,<br />

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