Agriculture plays a crucial role in the economy as a major portion of the population is totally and directly depend on agriculture for healthy food. The development in the technology has a significant impact on the industry of agriculture and equipment. Many companies are taking initiative and doing several projects related to the more developed in the existing technology. According to the report analysis, ‘ Agriculture Equipment Market Size ’states that the drones developments have turned up all the sectors of the agriculture industry and it is expected that in the coming years with the more innovations in the drone technology the market will be grown up in an efficient manner. With the help of a drone, the farmer and anyone can take centimeter level images and traverse the whole field rather than just the perimeter so with the effective application of drone technology the market will grow in an effective manner.
The farmers can boost their efficiency and profits margin with the use of drone technology. Drones providing 3D mapping equipment which can even provide data on the soil fertility and help in detection the deficiencies in mineral content. Majorly the drones are useful for planting and spraying as drones are supplying with sprayers which can use ultrasonic echoing devices and lasers to measure distances with even more precision whereas drones planting system are being developed that could reduce the cost of planting by 85% in developed countries. Hence, the most high-value crops are planted more significantly with the fewer pesticides and farming completed faster. According to the report analysis, ‘Agriculture Equipment Market Size’ suggests that the technology of drones are however becoming much more affordable as the technology advances and key components become commonplace in other devices such as smartphones. Moreover, the engineering involves technologies that extend the reach of agriculture to new means, new places and new areas of the economy. Meanwhile, the installation of GPS map in the drones provides farmers with a more enhancing view of their property, and hence, a more accurate and significant ability to plan where crops should be planted whereas, with the UVAs, however, this is done at a reduced cost with autonomous deployment. In a research it is observed that approximately 21% of the farmers will operate the drones by themselves, whereas around 31% are considering using drones in the coming years and throughout all 15% of farmers are operating the drones by the third party furthermore, rest of the farmers are operating drones but not on the regular basis. Therefore, the usage of drones is done majorly in the agriculture by the farmers or by the third party which leads the market growth of agriculture.
The global market of agriculture is expected to mostly drive by the North America region whereas, Europe is estimated to granted major share in the overall agriculture drone market followed by the Asia Pacific region. France in Europe is expected to drive the market growth of agriculture drone market. In addition, the European Union is also actively functioning in the direction of deploying drones for farming. Japan, Australia, and China of Asia Pacific region are presenting the significant growth of this market whereas China and Australia are expected to grow at the considerable rate. Additionally, Delair Technologies Inc., Precision Hawk, Parrot SA, Agribotix LLC, Honeycomb Corporation and others are the major key players of this market however with the numerous vendors the market has become more competitive and welcoming new investors. Therefore, it is expected in the coming years the market of agriculture and equipment will grow even more significant over the decades with the more developed in the technology and involving of key vendors in introducing more easy-to-use drones that can significantly be serving the needs of farmers.
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Ankur Gupta, Head Marketing & Communications