Albany, NY -- (SBWIRE) -- 06/08/2018 -- The agriculture use of drones have recently gained traction after the world started witnessing the tremendous growth in population leading towards the growing demand for food. However, use of such UAV for precision agriculture has been in use since 1990s in some part of Asia-pacific, North America and Europe.
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These UAV were largely used for spraying pesticides, crops in farm area and are still being used for the same purpose in many parts of the world. The agriculture drone market is therefore the most attractive market that is expected to change the way farming was earlier done and is anticipated to expand at a CAGR of 21.3% during the forecast period.
Rising Awareness Regarding Vast Benefits of Drones to Drive Market
Major factor leading to the growth of agriculture drones market are growing awareness about precision farming, need to enhance the yield and government support to use advance technologies in agriculture. Drones are responsible for generating accurate data that can be helpful for farmers to monitor crop health, reduce the impact of climate change and efficiently detect weed.
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Fixed-wing Drones Witness Highest Uptake
The global agriculture drone market has been segmented on the basis of type, and application. The type segment has further been categorized into fixed-wing, multi-rotor (also known as quad copter) and hybrid drones. Fixed-Wing type of drones holds the largest market share globally.
Europe to Remain Key Consumer of Agriculture Drones in Near Future
The global agriculture drone market is expected to be driven by the North America region However, Europe is estimated to contribute major share in the overall agriculture drone market, closely followed by Asia Pacific.
Key vendors in the market are Agribotix LLC, Delair Technologies Inc., Honeycomb Corporation, Precision Hawk, Drone AG, Ag Eagle Aerial Systems, Parrot SA, Aerovironment Inc., and DJI Innovate.
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