Drones are Unmanned Aerial Vehicle(UAV) which can be programming to do specific task or controlled to do some task from a distance. They are like robotic extensions to human abilities for difficult terrain via air travel. Now this is the key feature which make Drones an important driver of changes in agriculture across the world. One of the important growth area for Drone use is Precision agriculture.
Precision agriculture, also known as precision farming is practice of farming with higher precision of control on growing crops and livestock using data and other robotic means. A key component of this farm management approach is the use of information technology and a wide array of items such as GPS guidance, control systems, sensors, robotics, drones, autonomous vehicles, variable rate technology, GPS-based soil sampling, automated hardware, telematics, and software.
Prnnewswire reported that Unmanned Aerial Vehicle (UAV) Drones Market is forecast to reach $48.88 billion by 2023 from $17.82 billion in 2017 at a CAGR of 18.32% during (2017-2023) driven by the increase in venture funding, rise in demand for drone-generated data in commercial applications, and rapid technological advancements; while North America expected to hold the largest market share during the forecast period.
North America is expected to hold the largest share of the UAV drones market in 2017. However, the market in APAC is expected to grow at the highest CAGR owing to the increase in the number of commercial drones for precision agriculture, inspection and monitoring, and surveying applications in this region. The ongoing tensions among the countries over the South China Sea and Doklam and the growing concerns of terrorism and security are expected to drive the use of military drones in this region.
The UAV drones market for precision agriculture is expected to grow at the highest CAGR during the forecast period. Precision agriculture application for commercial drones estimated to grow at the highest rate. Drones are useful for agricultural planners. They reduce the time and cost required to conduct an accurate survey, and offer benefits including real-time data collection, high-resolution imagery of farmland, and lower cost compared with other relative techniques. These factors and growing awareness about the benefits of drones over other traditional farming techniques are driving the growth of the commercial drones market for precision agriculture applications.
Grandview research further reports that the global precision farming/agriculture market was valued at USD 3.06 billion in 2016, owing to the growing awareness regarding Internet of Things (IoT) devices and advanced analytics among farmers. Rising trend of maximizing agricultural resources in a sustainable manner is influencing the market growth over the forecast period.
Another research titled Agriculture Drones Market Global Forecast to 2022 says, the agriculture drones market is at its growth phase; it is expected to reach $4,209.2 million by 2022, growing at a CAGR of 30.19%. Field mapping application is expected to capture the largest share of the agriculture drones market during the forecast period. North America is a major market for agriculture drones.
So, what are next steps?
Probyto has worked with IoT devices and understand how to explore drone technology for application in industrial surveillance, tourism and land mapping. We also advise on appropriate IoT hardware for prototypes.