Regional analysis for agricultural drones market is studied in different geographic regions such as North- America, Europe, Asia-Pacific and rest of world, and suggests that the global market will be worth US$4.3bn by the year 2022
North America has acquired the largest market share in agricultural drones market due to growth in use of drones in California vineyard for making better wine. Europe is the second largest region leading which is driven by crop spraying methods which has led to precise and accurate spraying of pesticides and chemicals on slopes. Asia-Pacific region drives India in boosting its agricultural sector under the mission ‘Make in India’ which increases the need of agricultural drones in market.
The prominent players in Asia in the agricultural drones market are Yamaha Motor Company (Japan), Da-Jiang Innovations Science & Technology Corporation Ltd (China), and Blue Sky Agro (India).
The Global Agricultural Drones Market is growing rapidly over 27 per cent of CAGR and is expected to reach at US$4.3bn by the end of forecast period.
Agricultural drone market to be worth US$4.3bn by 2022
Agricultural drone market will be worth US$4.3bn by 2022. (Image source: Lima Pix/Flickr)
