DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Unmanned Aircraft Systems Market: Trends Analysis and Forecast to 2021" report to their offering.
Global Unmanned Aircraft Systems market is estimated to be worth USD 10.9 billion while the agriculture robotics market is expected to surpass USD 8.10 billion in 2021. The U.S. is the largest consumer of UAVs in the world market due to preference for mechanized farming among the farmers in the U.S. UAVs 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.
UAVs 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. 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.
- Aero Vironment
- Aeryon Labs
- China Aerospace
- Intel/Cyberhawk Innovations
Key Topics Covered:
2. Executive summary
3. Global Unmanned Aircraft Systems Market Overview
4. Agriculture drone applications and success stories: a consumer perspective
5. Regulatory Framework for UAV
6. Global Unmanned Aircraft Systems Market Analysis, by applications (USD million) 2014-2021
7. Global Unmanned Aircraft Systems Market Analysis, Regional Analysis (USD million) 2014-2021
8. Company profiles
For more information about this report visit http://www.researchandmarkets.com/research/vbf9mf/global_unmanned