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Asia-Pacific Agricultural Drone Market

Asia-Pacific Agricultural Drone Market is Expected to Foresee Significant Growth During the Forecast Period. China to Witness the Highest Growth

The Asia-Pacific Agricultural Drone market is expected to grow significantly by 2028 expanding at an exponential CAGR during the forecast period (2022-2028).

The agriculture industry has radically transformed over the past 50 years. Advances in machinery have expanded the scale, speed, and productivity of farm equipment, leading to more efficient cultivation of more land. Seed, irrigation, and fertilizers also have vastly improved, helping farmers increase yields. The growing adoption of such technologies is expected to increase the value of land by making it possible to produce more crops per acre. Growing adoption of smartphones and increasing usage of cloud technology along with the booming population encompass the major drivers for the growth of smart farming practices. As per Mckinsey, If connectivity is implemented successfully in agriculture, the industry could tack on $500 billion in additional value to the global gross domestic product by 2030. This would amount to a 7 to 9% improvement from its expected total and would alleviate much of the present pressure on farmers. 

For a detailed analysis of Asia-Pacific Agricultural Drone browse through https://univdatos.com/report/asia-pacific-agricultural-drone-market/

The rising population coupled with the growing need for food is leading to the growing demand for the agriculture drones for various reasons such as crop monitoring, field mapping, crop praying, etc., By 2030, Asia’s population is projected to be 250 million people larger and 65% of the world’s middle-class population will reside in Asia-Pacific. Asia-Pacific is a major component in the current global food chain, accounting for 19% of total global food and agriculture exports, and 31% of total food and agriculture imports. 

Moreover, the key benefits such as reduced cost of inspection, and faster operations are also contributing to the growth of the market. Data can be collected almost 50 times faster with the help of drones. Also, the Usage of drones has cut inspection times from 8 weeks to 5 days while allowing operations to continue. Also, With the evolution of Big Data, the agriculture industry across the world has revolutionized considerably in recent times. Throughout these years, facets of farming have tremendously modernized with the help of several technological advancements. With the main priority of precision agriculture to enhance efficiency and productivity with a simultaneous reduction in farm input costs, big data has significantly supported different forms of modern agriculture functions by discovering intelligence and insights from collected farm data to solve farming complexities in agriculture and inform strategized farming decisions. For instance, big data aims to solve some of the biggest challenges that farmers face, regarding unavoidable inefficiency during planting and harvesting, unforeseen climate changes, and lack of adequate mechanization.

For a detailed analysis of the drone type in Asia-Pacific Agricultural Drone browse through https://univdatos.com/get-a-free-sample-form-php/?product_id=19638

Based on the drone type, the market is fragmented into Fixed Wing, Multi—Rotor, and Hybrid. The multi-rotor segment grabbed XX% market share in 2020 and captured USD XX Mn market in 2020. Multirotor drones have various advantages over fixed rotor drones like performing vertical takeoffs and landings. They don’t need much space to take flight, can maneuver around objects, and can hover mid-flight, which allows for easy inspection, modeling, and mapping. However, the hybrid segment would witness a robust CAGR in the forthcoming years.

Based on the application, the market is fragmented into Field Mapping, Agricultural Photography, Crop Spraying, Crop Monitoring, Soil Monitoring, and Others. The field mapping segment grabbed XX% market share and dominate the market in 2020. Moreover, the market of this segment would reach USD XX Mn by 2028. The benefits of field mapping such as a timely collection of geospatial information regarding plant or soil properties and requirements etc. are contributing to the growth of the market.

For a detailed analysis of the Country in Asia-Pacific Agricultural Drone browse through https://univdatos.com/get-a-free-sample-form-php/?product_id=19638

Additionally, the report provides detailed initiatives that are being taken in the field of Agricultural Drone. The market is classified into distinct regions including China, Japan, Australia, India, Singapore, and the Rest of APAC has been conducted. China region grabbed XX% market and captured USD XX Mn market share in 2020.  The number of agriculture drones is estimated to have doubled between 2016 and 2017, reaching 13,000 aircraft. However, India would witness robust growth in the forthcoming years.

 Asia-Pacific Agricultural Drone Market Segmentation

Market Insight, by Drone Type

  • Fixed Wing
  • Multi-Rotor
  • Hybrid

Market Insight, by Application

  • Field Mapping
  • Agricultural Photography
  • Crop Spraying
  • Crop Monitoring
  • Soil Monitoring
  • Others

Market Insight, by Country

  • China
  • India
  • Japan
  • Australia
  • Singapore
  • Rest of Asia-Pacific

Top Company Profiles

  • DJI
  • Precision Hawk
  • Trimble Inc.
  • Parrot Drones
  • 3DR
  • AeroVironment Inc.
  • Yamaha Motor Corp.
  • DroneDeploy
  • AgEagle Aerial Systems Inc.
  • OPTiM Corp

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