India Agriculture Drones market is forecast to witness a four-fold increase by 2028, with a projected CAGR of more than 25 per cent during 2022 – 2028
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, India Agriculture Drones market is forecast to witness a four-fold increase by 2028, with a projected CAGR of more than 25 per cent during 2022 – 2028. Agriculture drones are spray drone-enhanced unmanned aerial vehicles that are used to improve agricultural operations efficiency, crop yield, and crop growth monitoring. Drone sensors and digital photography capabilities are also designed to provide farmers with a more detailed view of their land.
Furthermore, abrupt climate change is adding new layers of complexity to the agriculture industry, increasing the demand for technological solutions like agriculture drones to raise crop output and company efficiency. Furthermore, the aerial view by drone farming can disclose a variety of concerns, including soil variance, irrigation issues, and fungal infestations, and can be utilised as a set of instructions in agriculture to survey crops and quickly identify problems. All of these factors are expected to boost demand for agriculture drones in India in the coming years.
The market for agricultural drones is highly fragmented, with many domestic and regional competitors as well as worldwide firms operating in the market. New entrants may be hampered by relatively high capital requirements and the necessity for ongoing R&D spending.