Reportlinker.com announces the release of the report "Agriculture Drones Market by Offering, Components, Payload Capacity, Medium-weight drones, Heavy-weight drones, Farming Environment, Application, Farm Produce, Range, Farm Size and Region - Global Forecast to 2028" - https://www.reportlinker.com/p03903671/Agriculture-Drones-Market-by-Type-Application-Component-and-Geography-Global-Forecast-to.html The data collected helps farmers take timely actions, leading to improved productivity and resource efficiency, including targeted pesticide application and irrigation. Agriculture drones also offer benefits like reduced manual labor, faster data collection, and increased coverage of large agricultural areas, resulting in cost savings, improved efficiency, and higher crop yields. As more farmers recognize these advantages, the market for agriculture drones is expected to experience significant growth, supporting sustainable farming practices and meeting the global demand for food production.
The Hardware segment is expected to account for the largest share in 2023. Hardware is expected to account for a larger share of the agriculture drone market in 2023.It includes drones, sensors, and equipment essential for capturing aerial data in agricultural operations.
Drones with advanced imaging sensors and other components enable farmers to monitor crops, detect pests, and optimize resource management.With the increasing demand for precision agriculture and data-driven farming, reliable and efficient drone hardware becomes crucial for enhancing productivity and improving crop yields.
Investments in agriculture drone hardware are expected to drive market growth as farmers recognize the value of these technologies in optimizing farming practices and achieving sustainable agriculture goals.
The Camera segment is projected to dominate the market share in the component segment during the forecast period. The camera systems are likely to account for the largest share of the agriculture drone market by 2028.By enabling high-resolution imaging and data collection of crops and fields.
Advanced imaging sensors, including multispectral and thermal cameras, provide valuable insights into plant health, disease detection, and crop monitoring.The increasing demand for accurate and detailed aerial imagery in precision agriculture is driving the dominance of the camera segment.
By capturing and analyzing visual data from drones, farmers can make informed decisions regarding irrigation, pesticide application, and overall crop management.The camera segment’s prominence reflects the growing importance of visual data acquisition in driving the adoption of agriculture drones for optimized farming practices.
With the ability to capture precise and actionable information, cameras contribute significantly to the advancement of digital agriculture and the improvement of crop productivity. The hyperspectral camera, for example, is most adapted to analyze weed encroachment in farms, whereas the LIDAR camera is best suited to disclose agricultural slopes and sun exposure. During the projected period, the market for navigation systems is predicted to develop at the fastest CAGR.
North America to grow significantly during the forecast period North America is likely to grow significantly during the forecast period.Factors such as advanced agricultural practices, high adoption of precision farming, and a strong presence of drone manufacturers contribute to this growth.
The region’s farmers are increasingly recognizing the benefits of agriculture drones in optimizing crop monitoring, yield estimation, and pest management.North America’s well-established regulatory framework and infrastructure support the safe operation of drones in agriculture.
With a focus on enhancing productivity, ensuring sustainability, and meeting the growing demand for food production, North America emerges as a key growth region in the agriculture drone market.This is attributed to the exemption from the FAA under the part 107 rule, which is leading to the high adoption of drones in agricultural practices.
Also, the increased demand for agriculture drones for agriculture applications has attracted more venture capitalists to invest in the market. Many UAV manufacturers have raised funds through venture firms such as Qualcomm Ventures, Andreessen Horowitz, Intel Capital, Felicis Venture, and Google Ventures.
Source: globenewswire.com
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Categories: New York, Crops, Equipment & Machinery, Sustainable Agriculture