“Agricultural Drones & Robots Market Worth $5.4 Billion In 2017’ Says Visiongain Report

15 August 2017
Food and Drink

Visiongain’s new report the Agricultural Drones & Robots Market Report 2017-2027: Forecasts & Outlook For Drones By Type (Fixed Wing, Multi Rotor, Others), By Component (Hardware, Software, Others), For Robots By Application (Livestock Management, Farm Management, Others) By Component (Hardware, Software, Others), Plus Profiles of Leading Companies Developing Unmanned Aerial Vehicles (UAV) & Robotics For Milking, Precision Agriculture, Crop Management & Targeted Fertilizing Using Spectral Imaging, GPS & Big Data indicates that the global Agricultural Drones & Robots market will see $5.4bn in spending in 2017.

The lead analyst of the report said: “Drones are helpful in collecting data on farms within a short period of time. The Lancaster drone is able to collect data for 120 hectares within 40 minutes. Drones used in agriculture are equipped with different sensors that can detect disease, chlorophyll level, and moisture level. In addition, 3D images and thermal readings from aerial observation can be used to better enhance farmers' knowledge about growing conditions. These features help farmers to become proactive toward farm management, leading to higher production. Most modern agricultural drones are programmed to follow a certain trajectory. They avoid obstacles in their path with the help of tools like accelerometers, gyroscopes, and a compass.”

Although the price of milking robots has come down by nearly half in the last decade, the declining prices of other field robots still pose a considerable challenge for the global agricultural robots market. This is mainly due to the high initial costs incurred during the installation of the agricultural robot, which deter small, cost-sensitive users from adopting them, thus reducing the revenue generated by the market. In addition, the need for servicing and maintaining these robots regularly increases the cost. The lack of awareness of the benefits of these robots also restricts the market growth.

The 167page report contains 146 tables, charts and graphs that add visual analysis in order to explain developing trends within the Agricultural Drones & Robots Market. Visiongain provides sales revenue forecasts for the period 2017-2027 for drones by type (Fixed Wing, Multi Rotor, Others), by component (Hardware, Software, Others), for robots by application (Livestock Management, Farm Management, Others) by component (Hardware, Software, Others),

The report also includes forecasts and analysis for 4 regions and 12 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter providing profiles for 10 Agricultural Drone companies and 10 Agricultural Robots companies.

The Agricultural Drones & Robots Market Report 2017-2027: Forecasts & Outlook For Drones By Type (Fixed Wing, Multi Rotor, Others), By Component (Hardware, Software, Others), For Robots By Application (Livestock Management, Farm Management, Others) By Component (Hardware, Software, Others), Plus Profiles of Leading Companies Developing Unmanned Aerial Vehicles (UAV) & Robotics For Milking, Precision Agriculture, Crop Management & Targeted Fertilizing Using Spectral Imaging, GPS & Big Data report will be of value to anyone who wants to better understand the Agricultural Drones & Robots Market and its various segments. It will be useful for businesses who wish to better understand the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Agricultural Drones & Robots industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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