US Agricultural Drone Market: Current Scenario and Forecast (2019-2025)
US Agricultural Drone Market: Current Scenario and Forecast (2019-2025)
Abstract
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 & 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.
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 & 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.
Content
1. MARKET INTRODUCTION
1.1Market Definition16
1.2Objective of the Study16
1.3Limitation16
1.4Stakeholders17
1.5Currency used in the Report17
1.6Scope of the United States Agriculture Drone Market Study17
2.RESEARCH METHODOLOGY OR ASSUMPTION18
2.1Research Methodology for the United States Agriculture Drone Market Study18
2.1.1Main objective of the United States Agriculture Drone Market Study19
3.INDUSTRY PERFORMANCE20
4.EXECUTIVE SUMMARY21
5.MARKET OVERVIEW24
5.1Introduction24
5.1.1Potential Benefits and Value Addition:28
5.1.2Agriculture Drone Developments in Recent Years in the United States:29
5.2Market Dynamics29
5.2.1Market Trend & Drivers29
5.2.1.1Accelerating benefits of Agricultural Drones in Precision Agriculture29
5.2.1.2Rising Demand for Food owing to Surging Population31
5.2.1.2.1Key facts about Nutrition, Farming, and Crop Varieties in the United States31
5.2.1.3Agriculture Getting Stronger with Big Data33
5.2.1.4Increasing Research & Development Investments34
5.2.2Market Challenges35
5.2.2.1Lack of Internet Connectivity in Rural Areas35
5.2.2.2High Initial Costs of Purchase36
5.2.2.3Other Parameters37
5.2.3Market Opportunities38
5.2.3.1Growing application of Telematics in Agriculture38
5.2.3.2Growing Job Opportunities40
6.LEGAL & REGULATORY FRAMEWORK42
6.1General Overview42
6.1.1Data Privacy Concerns in the United States42
6.1.2Estimations are done by the Federal Aviation Administration (FAA)44
6.1.3Legal Framework in respect to Agricultural Drones in the United States44
7.DEMAND AND SUPPLY SIDE ANALYSIS46
7.1Demand Side Analysis46
7.1.1Facts about Consumption patterns in the United States:47
7.2Supply Side Analysis48
7.2.1Key Facts on Commercial Drones in the United States51
7.2.2Top Partnerships51
7.2.3Top Mergers & Acquisitions55
7.2.4Top Funding56
7.2.4.1Key Investments Undertaken in Drone Technology in the United States57
7.2.4.1.1Joby Aviation–eVTOL Still in Focus57
7.2.4.1.2Precision Hawk57
7.2.4.1.3Skydio–Automate57
7.2.4.1.4Drone Deploy57
7.2.5Top Business Expansion59
7.2.6Top Product Launches60
7.2.6.1Major Funded Drone Start-up’s (US$ million)66
7.2.7Top Start-ups under Agriculture Drone Technology in United States66
8.VALUE CHAIN ANALYSIS69
8.1Value Chain Analysis69
9.AGRICULTURE DRONE APPLICATION71
9.1Overview71
9.2Things to Consider Before Developing Drone Solutions in Agriculture72
9.2.1Determining Goals72
9.2.2Studying the Legislation72
9.2.3Deciding on the Drone Hardware72
9.2.4Selecting the Type of Drone Software73
9.2.5Developing Custom-Made Drone Software73
9.3Business Impact of Agriculture Drones73
9.3.1Imaging73
9.3.2Input Application73
9.3.3Productivity74
10.CASE STUDY- UNITED STATES AGRICULTURE DRONE75
10.1Case Study: NorthStar Robotics75
10.1.1Problem Faced75
10.1.2Solution75
10.1.3Results76
10.2Case Study: Prairie Robotics76
10.2.1Problem Faced76
10.2.2Solution77
10.2.3Results77
11.MARKET INSIGHTS BY DRONE TYPE78
11.1General Overview78
11.1.1Fixed-wing Drone80
11.1.1.1Reasons to Fly Fixed Wing Agriculture Drone81
11.1.1.1.1Maps Site Up to 2.6X Faster81
11.1.1.1.2Reduce Labor costs by up to US$385 Per Mission81
11.1.1.1.3Complete 2X more projects per week82
11.1.1.1.4Map remote sites within a 5X larger fight radius82
11.1.1.1.5Map Corridors up to 3X Longer83
11.1.2Multi-Rotor Drone84
11.1.3Hybrid Drone85
12.MARKET INSIGHTS BY APPLICATION87
12.1General Overview87
12.1.1Field Mapping88
12.1.2Agriculture Photography89
12.1.2.1Case Example: Agriculture: Early Plant Disease Detection89
12.1.2.2Data from Multispectral Imaging has the following benefits:90
12.1.3Crop Spraying91
12.1.4Crop Monitoring92
12.1.5Soil Monitoring93
12.1.5.1Prominent Sensors Installed in Agriculture Drones94
12.1.5.1.1Aerial Sensors94
12.1.5.1.2Optical Sensors94
12.1.6Other Applications95
12.1.6.1Variable Rate Technology95
12.1.6.2Livestock Monitoring95
12.1.6.3Weather Tracking and Forecasting96
12.1.6.3.1Key Features of Ag Premium Weather:97
13.MARKET INSIGHTS BY REGION98
13.1United States Agriculture Drone Market98
13.1.1Adoption of Precision Agriculture in United States in Corn and Soybean Farms (%)100
13.1.2United States Agriculture Drone Market Share by Region102
13.1.3United States Agriculture Drone Market Size by Region102
13.1.3.1Mid-West United States Agriculture Drone Market102
13.1.3.1.1Facts on Agriculture Sector in the Mid-West (US)104
13.1.3.1.2Mid-West United States Agriculture Drone Market by Drone Type105
13.1.3.1.3Mid-West United States Agriculture Drone Market by Application106
13.1.3.2South United States Agriculture Drone Market (2019-2025)106
13.1.3.2.1Facts on Agriculture Sector in the South (US)108
13.1.3.2.2South United States Agriculture Drone Market by Drone Type109
13.1.3.2.3South United States Agriculture Drone Market by Application109
13.1.3.3North East United States Agriculture Drone Market (2019-2025)110
13.1.3.3.1Facts on Agriculture Sector in the Northeast (US)110
13.1.3.3.2North East United States Agriculture Drone Market by Drone Type111
13.1.3.3.3North East United States Agriculture Drone Market by Application112
13.1.3.4West United States Agriculture Drone Market (2019-2025)112
13.1.3.4.1Facts on Agriculture Sector in the West (US)113
13.1.3.4.2West United States Agriculture Drone Market by Drone Type114
13.1.3.4.3West United States Agriculture Drone Market by Application115
14.COMPETITIVE SCENARIO116
14.1Porter’s Five forces analysis116
14.1.1Bargaining power of Supplier117
14.1.2Bargaining power of Buyer117
14.1.3Industry Rivalry118
14.1.4Availability of Substitute118
14.1.5Threat of new Entrants118
14.2Competitive Landscape119
14.2.1Market Share of Key Players in Agriculture Drone Market in United States, 2018119
15.TOP COMPANY PROFILES122
15.1AeroVironment Inc122
15.1.1Key Facts122
15.1.2Business Description122
15.1.3Key Product/Services Offerings123
15.1.4Growth Strategy124
15.1.5SWOT Analysis124
15.1.6Key Financials125
15.1.6.1Revenue Split by Region and Segment126
15.1.6.2Financial Overview of AeroVironment Inc126
15.1.7Recent Developments126
15.1.7.1Product Launches126
15.1.7.2AeroVironment Inc Partnerships (Strategic Alliance)127
15.1.7.3Business Expansions128
15.1.7.4Mergers& Acquisitions128
15.2Trimble Inc.129
15.2.1Key Facts129
15.2.2Business Description129
15.2.3List of Trimble Companies130
15.2.4Key Product/Services Offerings131
15.2.5Growth Strategy132
15.2.6SWOT Analysis132
15.2.7Key Financials133
15.2.7.1Revenue Split134
15.2.7.2Financial Overview of Trimble Inc134
15.2.8Recent Developments135
15.2.8.1Product Launch135
15.2.8.2Partnership (Strategic Alliance)135
15.3Deere and Company136
15.3.1Key Facts136
15.3.2Business Description136
15.3.3Key Product/Services Offerings137
15.3.4Growth Strategy138
15.3.5SWOT Analysis138
15.3.6Key Financials139
15.3.6.1Revenue Split140
15.3.6.2Financial Overview of Deere & Company140
15.3.7Recent Developments140
15.3.7.1Product Launch140
15.3.7.2Business Expansion & Investments141
15.4AgEagle Aerial Systems, Inc142
15.4.1Key Facts142
15.4.2Business Description142
15.4.3Key Product/Services Offerings143
15.4.4Some other Offerings of the Company143
15.4.5Growth Strategy144
15.4.5.1Forward-Looking Growth Strategy of the company144
15.4.6SWOT Analysis145
15.4.7Key Financials146
15.4.7.1Revenue Split147
15.4.7.2Financial Overview of AgEagle Aerial Systems147
15.4.8Recent Developments147
15.4.8.1Product Launch147
15.4.8.2Business Expansions147
15.4.8.3Partnership (Strategic Alliance)148
15.4.8.4Merger & Acquisitions148
15.5Drone Deploy149
15.5.1Key Facts149
15.5.2Business Description149
15.5.3Key Product/Services Offerings149
15.5.3.1Product Lifecycle of Drone Deploy150
15.5.3.2Prime Markets Served by Drone Deploy150
15.5.3.3Application of Drones in Agriculture151
15.5.4Growth Strategy152
15.5.5SWOT Analysis152
15.5.6Recent Developments153
15.5.6.1Product Launch153
15.5.6.2Partnership (Strategic Alliance)153
15.5.6.3Business Expansions and Investments154
15.6DJI Technology Co Ltd155
15.6.1Key Facts155
15.6.2Business Description155
15.6.3Key Product/Services Offerings156
15.6.4DJI Growth Strategy156
15.6.5SWOT Analysis157
15.6.6Recent Developments157
15.6.6.1Product Launch157
15.6.6.2Partnerships (Strategic Alliance)158
15.6.6.3Business Expansion & Investments159
15.7Deveron UAS Corp160
15.7.1Key Facts160
15.7.2Business Description160
15.7.3Key Product/Services Offerings160
15.7.3.1Product and Service Category of the Company161
15.7.3.2Working Process of the Company161
15.7.4Key Financials162
15.7.4.1Revenue Split163
15.7.4.2Financial Overview of Deveron UAS Group163
15.7.5Recent Developments164
15.7.5.1Product Launch164
15.7.5.2Partnership (Strategic Alliance)164
15.7.5.3Business Expansions164
15.7.5.4Merger & Acquisitions165
15.8Intel Corporation166
15.8.1Key Facts166
15.8.2Business Description166
15.8.3Key Product/Services Offerings167
15.8.4Intel Corporation Growth Strategy167
15.8.5Intel Commitments167
15.8.6Milestones Achieved by Intel Corporation168
15.8.7SWOT Analysis168
15.8.8Key Financials169
15.8.8.1Revenue Split170
15.8.8.2Financial Overview of Intel Corporation170
15.8.9Recent Developments170
15.8.9.1Product Launches170
15.8.9.2Partnership (Strategic Alliance)171
15.9Precision Hawk172
15.9.1Key Facts172
15.9.2Business Description172
15.9.3Key Product/Services Offerings172
15.9.3.1Services & Solutions Offered173
15.9.4Investors List of Precision Hawk173
15.9.5Precision Hawk Growth Strategy173
15.9.6Milestones Achieved by Precision Hawk174
15.9.7SWOT Analysis174
15.9.8Recent Developments175
15.9.8.1Product Launches175
15.9.8.2Partnerships (Strategic Alliance)175
15.9.8.3Business Expansions & Investments176
15.9.8.4Merger& Acquisitions176
15.10Sentera177
15.10.1Key Facts177
15.10.2Business Description177
15.10.3Key Product/Services Offerings177
15.10.4Journey of Sentera178
15.10.5Sentera Key Capabilities178
15.10.6SWOT Analysis179
15.10.7Recent Developments179
15.10.7.1Product Launches179
15.10.7.2Partnership (Strategic Alliance)180
15.10.7.3Business Expansion & Investments181
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 & 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.
1.1Market Definition16
1.2Objective of the Study16
1.3Limitation16
1.4Stakeholders17
1.5Currency used in the Report17
1.6Scope of the United States Agriculture Drone Market Study17
2.RESEARCH METHODOLOGY OR ASSUMPTION18
2.1Research Methodology for the United States Agriculture Drone Market Study18
2.1.1Main objective of the United States Agriculture Drone Market Study19
3.INDUSTRY PERFORMANCE20
4.EXECUTIVE SUMMARY21
5.MARKET OVERVIEW24
5.1Introduction24
5.1.1Potential Benefits and Value Addition:28
5.1.2Agriculture Drone Developments in Recent Years in the United States:29
5.2Market Dynamics29
5.2.1Market Trend & Drivers29
5.2.1.1Accelerating benefits of Agricultural Drones in Precision Agriculture29
5.2.1.2Rising Demand for Food owing to Surging Population31
5.2.1.2.1Key facts about Nutrition, Farming, and Crop Varieties in the United States31
5.2.1.3Agriculture Getting Stronger with Big Data33
5.2.1.4Increasing Research & Development Investments34
5.2.2Market Challenges35
5.2.2.1Lack of Internet Connectivity in Rural Areas35
5.2.2.2High Initial Costs of Purchase36
5.2.2.3Other Parameters37
5.2.3Market Opportunities38
5.2.3.1Growing application of Telematics in Agriculture38
5.2.3.2Growing Job Opportunities40
6.LEGAL & REGULATORY FRAMEWORK42
6.1General Overview42
6.1.1Data Privacy Concerns in the United States42
6.1.2Estimations are done by the Federal Aviation Administration (FAA)44
6.1.3Legal Framework in respect to Agricultural Drones in the United States44
7.DEMAND AND SUPPLY SIDE ANALYSIS46
7.1Demand Side Analysis46
7.1.1Facts about Consumption patterns in the United States:47
7.2Supply Side Analysis48
7.2.1Key Facts on Commercial Drones in the United States51
7.2.2Top Partnerships51
7.2.3Top Mergers & Acquisitions55
7.2.4Top Funding56
7.2.4.1Key Investments Undertaken in Drone Technology in the United States57
7.2.4.1.1Joby Aviation–eVTOL Still in Focus57
7.2.4.1.2Precision Hawk57
7.2.4.1.3Skydio–Automate57
7.2.4.1.4Drone Deploy57
7.2.5Top Business Expansion59
7.2.6Top Product Launches60
7.2.6.1Major Funded Drone Start-up’s (US$ million)66
7.2.7Top Start-ups under Agriculture Drone Technology in United States66
8.VALUE CHAIN ANALYSIS69
8.1Value Chain Analysis69
9.AGRICULTURE DRONE APPLICATION71
9.1Overview71
9.2Things to Consider Before Developing Drone Solutions in Agriculture72
9.2.1Determining Goals72
9.2.2Studying the Legislation72
9.2.3Deciding on the Drone Hardware72
9.2.4Selecting the Type of Drone Software73
9.2.5Developing Custom-Made Drone Software73
9.3Business Impact of Agriculture Drones73
9.3.1Imaging73
9.3.2Input Application73
9.3.3Productivity74
10.CASE STUDY- UNITED STATES AGRICULTURE DRONE75
10.1Case Study: NorthStar Robotics75
10.1.1Problem Faced75
10.1.2Solution75
10.1.3Results76
10.2Case Study: Prairie Robotics76
10.2.1Problem Faced76
10.2.2Solution77
10.2.3Results77
11.MARKET INSIGHTS BY DRONE TYPE78
11.1General Overview78
11.1.1Fixed-wing Drone80
11.1.1.1Reasons to Fly Fixed Wing Agriculture Drone81
11.1.1.1.1Maps Site Up to 2.6X Faster81
11.1.1.1.2Reduce Labor costs by up to US$385 Per Mission81
11.1.1.1.3Complete 2X more projects per week82
11.1.1.1.4Map remote sites within a 5X larger fight radius82
11.1.1.1.5Map Corridors up to 3X Longer83
11.1.2Multi-Rotor Drone84
11.1.3Hybrid Drone85
12.MARKET INSIGHTS BY APPLICATION87
12.1General Overview87
12.1.1Field Mapping88
12.1.2Agriculture Photography89
12.1.2.1Case Example: Agriculture: Early Plant Disease Detection89
12.1.2.2Data from Multispectral Imaging has the following benefits:90
12.1.3Crop Spraying91
12.1.4Crop Monitoring92
12.1.5Soil Monitoring93
12.1.5.1Prominent Sensors Installed in Agriculture Drones94
12.1.5.1.1Aerial Sensors94
12.1.5.1.2Optical Sensors94
12.1.6Other Applications95
12.1.6.1Variable Rate Technology95
12.1.6.2Livestock Monitoring95
12.1.6.3Weather Tracking and Forecasting96
12.1.6.3.1Key Features of Ag Premium Weather:97
13.MARKET INSIGHTS BY REGION98
13.1United States Agriculture Drone Market98
13.1.1Adoption of Precision Agriculture in United States in Corn and Soybean Farms (%)100
13.1.2United States Agriculture Drone Market Share by Region102
13.1.3United States Agriculture Drone Market Size by Region102
13.1.3.1Mid-West United States Agriculture Drone Market102
13.1.3.1.1Facts on Agriculture Sector in the Mid-West (US)104
13.1.3.1.2Mid-West United States Agriculture Drone Market by Drone Type105
13.1.3.1.3Mid-West United States Agriculture Drone Market by Application106
13.1.3.2South United States Agriculture Drone Market (2019-2025)106
13.1.3.2.1Facts on Agriculture Sector in the South (US)108
13.1.3.2.2South United States Agriculture Drone Market by Drone Type109
13.1.3.2.3South United States Agriculture Drone Market by Application109
13.1.3.3North East United States Agriculture Drone Market (2019-2025)110
13.1.3.3.1Facts on Agriculture Sector in the Northeast (US)110
13.1.3.3.2North East United States Agriculture Drone Market by Drone Type111
13.1.3.3.3North East United States Agriculture Drone Market by Application112
13.1.3.4West United States Agriculture Drone Market (2019-2025)112
13.1.3.4.1Facts on Agriculture Sector in the West (US)113
13.1.3.4.2West United States Agriculture Drone Market by Drone Type114
13.1.3.4.3West United States Agriculture Drone Market by Application115
14.COMPETITIVE SCENARIO116
14.1Porter’s Five forces analysis116
14.1.1Bargaining power of Supplier117
14.1.2Bargaining power of Buyer117
14.1.3Industry Rivalry118
14.1.4Availability of Substitute118
14.1.5Threat of new Entrants118
14.2Competitive Landscape119
14.2.1Market Share of Key Players in Agriculture Drone Market in United States, 2018119
15.TOP COMPANY PROFILES122
15.1AeroVironment Inc122
15.1.1Key Facts122
15.1.2Business Description122
15.1.3Key Product/Services Offerings123
15.1.4Growth Strategy124
15.1.5SWOT Analysis124
15.1.6Key Financials125
15.1.6.1Revenue Split by Region and Segment126
15.1.6.2Financial Overview of AeroVironment Inc126
15.1.7Recent Developments126
15.1.7.1Product Launches126
15.1.7.2AeroVironment Inc Partnerships (Strategic Alliance)127
15.1.7.3Business Expansions128
15.1.7.4Mergers& Acquisitions128
15.2Trimble Inc.129
15.2.1Key Facts129
15.2.2Business Description129
15.2.3List of Trimble Companies130
15.2.4Key Product/Services Offerings131
15.2.5Growth Strategy132
15.2.6SWOT Analysis132
15.2.7Key Financials133
15.2.7.1Revenue Split134
15.2.7.2Financial Overview of Trimble Inc134
15.2.8Recent Developments135
15.2.8.1Product Launch135
15.2.8.2Partnership (Strategic Alliance)135
15.3Deere and Company136
15.3.1Key Facts136
15.3.2Business Description136
15.3.3Key Product/Services Offerings137
15.3.4Growth Strategy138
15.3.5SWOT Analysis138
15.3.6Key Financials139
15.3.6.1Revenue Split140
15.3.6.2Financial Overview of Deere & Company140
15.3.7Recent Developments140
15.3.7.1Product Launch140
15.3.7.2Business Expansion & Investments141
15.4AgEagle Aerial Systems, Inc142
15.4.1Key Facts142
15.4.2Business Description142
15.4.3Key Product/Services Offerings143
15.4.4Some other Offerings of the Company143
15.4.5Growth Strategy144
15.4.5.1Forward-Looking Growth Strategy of the company144
15.4.6SWOT Analysis145
15.4.7Key Financials146
15.4.7.1Revenue Split147
15.4.7.2Financial Overview of AgEagle Aerial Systems147
15.4.8Recent Developments147
15.4.8.1Product Launch147
15.4.8.2Business Expansions147
15.4.8.3Partnership (Strategic Alliance)148
15.4.8.4Merger & Acquisitions148
15.5Drone Deploy149
15.5.1Key Facts149
15.5.2Business Description149
15.5.3Key Product/Services Offerings149
15.5.3.1Product Lifecycle of Drone Deploy150
15.5.3.2Prime Markets Served by Drone Deploy150
15.5.3.3Application of Drones in Agriculture151
15.5.4Growth Strategy152
15.5.5SWOT Analysis152
15.5.6Recent Developments153
15.5.6.1Product Launch153
15.5.6.2Partnership (Strategic Alliance)153
15.5.6.3Business Expansions and Investments154
15.6DJI Technology Co Ltd155
15.6.1Key Facts155
15.6.2Business Description155
15.6.3Key Product/Services Offerings156
15.6.4DJI Growth Strategy156
15.6.5SWOT Analysis157
15.6.6Recent Developments157
15.6.6.1Product Launch157
15.6.6.2Partnerships (Strategic Alliance)158
15.6.6.3Business Expansion & Investments159
15.7Deveron UAS Corp160
15.7.1Key Facts160
15.7.2Business Description160
15.7.3Key Product/Services Offerings160
15.7.3.1Product and Service Category of the Company161
15.7.3.2Working Process of the Company161
15.7.4Key Financials162
15.7.4.1Revenue Split163
15.7.4.2Financial Overview of Deveron UAS Group163
15.7.5Recent Developments164
15.7.5.1Product Launch164
15.7.5.2Partnership (Strategic Alliance)164
15.7.5.3Business Expansions164
15.7.5.4Merger & Acquisitions165
15.8Intel Corporation166
15.8.1Key Facts166
15.8.2Business Description166
15.8.3Key Product/Services Offerings167
15.8.4Intel Corporation Growth Strategy167
15.8.5Intel Commitments167
15.8.6Milestones Achieved by Intel Corporation168
15.8.7SWOT Analysis168
15.8.8Key Financials169
15.8.8.1Revenue Split170
15.8.8.2Financial Overview of Intel Corporation170
15.8.9Recent Developments170
15.8.9.1Product Launches170
15.8.9.2Partnership (Strategic Alliance)171
15.9Precision Hawk172
15.9.1Key Facts172
15.9.2Business Description172
15.9.3Key Product/Services Offerings172
15.9.3.1Services & Solutions Offered173
15.9.4Investors List of Precision Hawk173
15.9.5Precision Hawk Growth Strategy173
15.9.6Milestones Achieved by Precision Hawk174
15.9.7SWOT Analysis174
15.9.8Recent Developments175
15.9.8.1Product Launches175
15.9.8.2Partnerships (Strategic Alliance)175
15.9.8.3Business Expansions & Investments176
15.9.8.4Merger& Acquisitions176
15.10Sentera177
15.10.1Key Facts177
15.10.2Business Description177
15.10.3Key Product/Services Offerings177
15.10.4Journey of Sentera178
15.10.5Sentera Key Capabilities178
15.10.6SWOT Analysis179
15.10.7Recent Developments179
15.10.7.1Product Launches179
15.10.7.2Partnership (Strategic Alliance)180
15.10.7.3Business Expansion & Investments181
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