{"id":4450,"date":"2019-06-20T04:41:57","date_gmt":"2019-06-20T04:41:57","guid":{"rendered":"http:\/\/bestdroneforthejob.com\/?p=4450"},"modified":"2019-09-04T02:10:36","modified_gmt":"2019-09-04T02:10:36","slug":"ag-drone-market-new-report","status":"publish","type":"post","link":"https:\/\/bestdroneforthejob.com\/blog\/ag-drone-market-new-report\/","title":{"rendered":"Ag Drone Market To Quadruple In Size to $4.8B by 2024: New Report"},"content":{"rendered":"

A report by MarketsandMarkets<\/a> predicts that the agricultural drone market will increase to $4.8 billion by 2024 from around $1.9 billion currently.<\/strong><\/p>\n

Once regarded as part of a niche sector, agriculture drones are increasingly becoming a mainstay of farming. All indications from ag drone market report show rapid uptake of UAV technology in the foreseeable future.<\/strong><\/p>\n

Since agriculture accounts for at least a third of global GDP<\/a>, the potential rewards for stakeholders in the industry are enormous.<\/p>\n

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Factors fueling growth<\/strong><\/h2>\n

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As the world\u2019s population keeps rising, demand for food also increases.<\/p>\n

This, coupled with increasing pressure on ever-shrinking arable land, calls for innovation in farming.<\/p>\n

Drones in agriculture<\/a> are part of this much-needed innovation.<\/strong><\/p>\n

Farmers seeking greater efficiency in the fields, faster results for crop and yield monitoring, and a cut in operating costs are increasingly investing in agricultural drones.<\/p>\n

Competition, both locally and internationally, has also led farmers to look for ways to increase yield while cutting costs. Drones have helped a great deal.<\/strong><\/p>\n

The willingness of investors and venture capitalists to pour money in this red hot sector has also helped growth.<\/p>\n

This has led to more companies jumping into the agricultural drone market.<\/strong> Not all of them are coming to make drones.<\/p>\n

Some companies provide drones as a service, helping farmers who cannot buy or operate their drones.<\/p>\n

Others specialize in software that analyzes images and maps taken by agricultural drones.<\/p>\n

Some startups provide drone management services to large-scale farms, helping plan flights, coordinate drone maintenance, and other tasks associated with traditional fleet management.<\/p>\n

Old and new insurance companies have also benefited from the increasing use of drones in agriculture, providing liability and other types of insurance to farmers and drone operators.<\/p>\n

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Common applications of agricultural drones<\/strong><\/h2>\n

\"agricultural<\/p>\n

As opposed to other commercial drones that are mainly used for surveillance, agriculture drones do much more. Some of their uses include:<\/strong><\/p>\n