DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Unmanned Aircraft Systems Market: Global Trends Analysis, Market Analysis, Industry Analysis and Forecast to 2023" report to their offering.
Global Unmanned Aircraft Systems market was estimated to be worth USD 10.9 billion in 2016. Agriculture robotics market is expected to surpass USD 3.0 billion in 2023.
The U.S. is the largest consumer of UAV in the world market due to preference for mechanized farming among the farmers in the U.S. UAV are smaller and cheaper drones that have highly efficient and advanced sensors and imaging capabilities.
Moreover, the UAV technology is based on Internet of things (IoT) which helps improve agriculture yield and reduce crop damage. UAV are used to take the photographs of the crops to identify the problem areas. The IoT uses sensors to supplement images of the agriculture field from above which in turn helps using the analytics to understand the changes in the crops also the UAV are used for the applications such as Spraying, Mapping, Pest Control, Seeding, Remote Sensing, and Precision Agriculture. Furthermore, usage of digital means has brought significant change to manual farming which was one of the bigger challenges for the large farmers.
The global agriculture drone market is driven by the factors such as increasing applications of technology in agriculture, cost- effectiveness and high efficiency of drones, and significant drop in manual labor in agriculture. However, inefficient security and privacy settings is the prime restraint that is likely to hamper the growth in the market. This, however, is likely to create more opportunities for the existing as well as new players to launch new drones that will get rid of these issues.
The companies covered in the report include Yamaha, DJI, GoPro, BlueSKy, Aeryon Labs, Aero Vironment, AgEgle, Airware, Boening, China Aerospace and Intel/Cyberhawk Innovations.
Key Topics Covered:
2. Executive summary
3. Global Unmanned Aircraft Systems Market Overview
5. Agriculture drone applications and success stories: a consumer perspective
6. Regulatory Framework for UAV
7. Global Unmanned Aircraft Systems Market Analysis, by applications (USD million) 2017-2023
8. Global Unmanned Aircraft Systems Market Analysis, Regional Analysis (USD million) 2017-2023
9. Company profiles
- Aeryon Labs
- Aero Vironment
- China Aerospace
- Intel/Cyberhawk Innovations
For more information about this report visit http://www.researchandmarkets.com/research/8fxtml/unmanned_aircraft