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. 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 helpsimprove 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. Market Insights 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. Segments Covered The Global Unmanned Aircraft Systems market is segmented on the basis of Consumer perspective, Regulatory Framework for UAV and by Applications. The Consumer perspective include U.S and RoW consumer perspective, Regulatory Framework for UAV covers North America and Other regions , while the applications include Spraying, Mapping, Pest Control ,Seeding, Remote Sensing, Precision Agriculture. Geographies Covered The Global Unmanned Aircraft Systems market covers analysis of regions such as North America, Europe, Asia-Pacific inclusive of Australia and RoW (including Latin America, Middle East and Africa). Among the geographies North America is expected to be the largest market for Unmanned Aircraft Systems market over the Forecast period from 2017 to 2023. Companies Profiled
- Aeryon Labs,
- Aero Vironment,
- China Aerospace
- Intel/Cyberhawk Innovations.
Table of contents1. Preface 1.1. Report description 1.2. Research methods 1.3. Research approaches 2. Executive summary 3. Global Unmanned Aircraft Systems Market Overview