US Agricultural Drone Market: Current Scenario and Forecast

(2019-2025)

Bharat Book Bureau Provides the Trending Market Research Report on “US
Agricultural Drone Market: Current Scenario and Forecast (2019-2025)”under
Agriculture Category. The report offers a collection of superior market research,
market analysis, competitive intelligence and Market reports.

US Agricultural Drone Market: Current Scenario and Forecast (2019-2025): Emphasis

on Drone Type (Fixed-Wing, Multi-Rotor, Hybrid), Application (Field Mapping, Crop
Spraying, Agricultural Photography, Crop Monitoring, Soil Monitoring) and Region
(Mid-West, South, Northeast, West)

The United States Agriculture drone market is segmented based on drone type (fixed
wing, multirotor and hybrid), application (field mapping, crop spraying, agricultural
photography, crop monitoring, soil monitoring, weather tracking and forecasting and
livestock monitoring) and are the major focus areas considered while analyzing and
defining the penetration of agriculture drone technology in United States.

Under the drone type segment, in 2018, the fixed-wing drone dominated the United
States agriculture drone market with a maximum share in terms of revenue. Based
on estimation, the segment occupied 47.2% share. However, the strengthening
agriculture attributed to surging big data and advantages offered by fixed-wing
drones in agriculture domain is anticipated to register the CAGR of 6.85% over the
forecast period (2019-2025). While hybrid drones are anticipated to register the
highest CAGR of 17.99% over the period.

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US Agricultural Drone
Precision agriculture is one of the systematic approaches to farming. It is an
integrated crop management system that purposes to match the amount and the
kind of inputs required by the crop for small areas within a farm field. It is also
known as satellite farming and site-specific crop management. The technology
automates the agricultural cultivation and eliminates the need for manual efforts.

Various technologies in precision agriculture support the farmers in collecting

precise information regarding planting, crop fertilizing and harvesting. In addition,
uncertain and changing weather conditions accredited to surging global warming
have led to the adoption of precision agriculture technology which also results in
enhancing productivity and crop yield. Real-time monitoring and information sharing
through mobile applications and smartphones along with growing preference for
telematics technology are further expected to flourish the market potential across
the globe in near future.

Considering one of the precision agriculture technology, agriculture drones have

become a critical solution owing to the exponential increase in food demand, along
with closer collaboration between governments, tech leaders, and industry. Drones
can assist farmers in a range of tasks from analysis and planning, to the actual
planting of crops, and the subsequent monitoring of fields to ascertain health and
growth.

As farms become larger and more efficient to meet this escalating demand, drones
have proved themselves as invaluable in precisely managing a farm’s vital
operations. It has been estimated that approximately 27720 agriculture drones in
United States were accounted in 2018 which are expected to reach 71400
agriculture drones by 2022 showcasing tremendous CAGR of 26.7% over the forecast
period (2018-2022).

Obsolete traditional methods, the increasing shortage of food supply to cater to the
ever-growing population has substantially catalyzed the market penetration of
agriculture drones in United States. Considerable adoption of various smart devices
in agriculture ranging from agricultural drones, robotics, sensors, GPS receivers to
yield monitors has proliferated the industry growth over the recent years. Moreover,
increasing investments by various established players along with numerous start-ups
have remarkably scaled up the potential for the industry further leading to
numerous farmers adopting such advanced technologies into their crop cultivation.

Moreover, in 2018, crop spraying application in agriculture drone held a prominent

share of 27%, followed by field mapping. The crop spraying market in United States
was evaluated at US$ 19.45 million in 2018 and is projected to witness astonishing
CAGR of 10.40% during the forecast period. In addition, field mapping held 18.3%
market share in the respective market on account of surging demand for precision
agriculture over the years. Hence, the segment garnered revenue of US$ 13.23
million in 2018.
To conclude, agriculture drone technologies in the United States are being adopted
by farmers at a very accelerating pace. It has been observed that the market size as
well as adoption rates are reaching all-time highs at global scale and do not show
any sign of slow down. Ranging from variable rate technologies to field monitoring,
the advanced technology aims to offer end to end solutions in agriculture sector
across the world. United States agriculture drone market-derived revenue of US$
72.10 million in 2018 and is expected to fetch US$ 144.8 million by 2025 displaying
reasonable CAGR of 9.96% over the forecast period (2019-2025).

Also, for better understanding of the overall adoption rate of agriculture drone
technology in the United States market, detailed analysis has been done for different
regions including Mid-West, North East, West and South Based on the estimation,
Mid-West dominated the United States Agriculture drone market, accounting for
revenue share of 62.9% in 2018. On account of strong government support to
increase the agriculture production, availability of supporting infrastructure as well
as gaining prominence of smart and precision farming methods have significantly
fostered the regional market.

Moreover, more than 25,000 farmers using IoT in US paired with increased
deployment of advanced agriculture solutions both in United States along with small
farms steadily increasing investment in precision and smart farming methods to raise
farm productivity have tremendously boosted United States Agriculture Drone
Market.

Numerous companies have earmarked their presence in the United States

agriculture drone market. With a continued focus on product expansions,
investments, business expansion, product launches and collaborations. They
continue to offer wide range of smart farm devices inclusive of agriculture drones
that cater to farm needs and further result in enhanced crop productivity and
optimum utilization of resources. With an objective to stimulate the overall adoption
of agriculture drones across United States, these players have adopted various
strategies to enhance the penetration of modern agriculture practices comprising of
agriculture drones.

An influx of emerging players and intense competition has significantly fostered the
growth of United States agriculture drone market. Some of the major players
operating in the agriculture drone market of the country include AeroVironment Inc,
Trimble Inc, AgEagle Aerial Systems, Inc., Precision Hawk, Senetra, Drone Deploy,
Deveron, DJI, Intel, and John Deere Company among others.

United States agriculture drone market generated revenue of US$ 72.10 million in
2018. The technology is expected to grow at a CAGR of 9.96% during the forecast
period to reach a market valuation of US$ 144.80 million by 2025. Mid-West
dominated the United States agriculture drone market, accounting for a revenue
share of 64.3% in 2018.

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