Mordor Intelligence released its 2018 list of the key companies in the agriculture drones market.
According to it report, here are few of the top global players:
1. AGEagle LLC
AgEagle Aerial Systems manufactures fixed-wing drones for agriculture. Since 2016, Raven Industries’ Applied Technology Division has become the exclusive distribution partner for AgEagle Aerial Systems. The company has a large and supportive network of dealers, which is one of the reasons for its efficient performance in the industry.
DJI, a tech-company based out of China, is a market leader in agricultural drones. It is also one of the most active companies in the industry, For instance, the company had a revenue of USD 2.7 billion in 2017. In 2018, DJI Technology launched a new Zenmuse XT2 thermal imaging camera. Other than this, the company signed a memorandum of understanding (MoU) with Dow AgroSciences for the joint promotion of research and application of aviation crop protection technology in China.
3. Sentera LLC
Sentera LLC designs, builds and distributes drone and data management tools for agriculture, mining, infrastructure, security, and public safety markets. Sentera is also an authorized dealer of DJI hardware, including the Phantom 3, Phantom 4, and Inspire models. In 2018, Sentera made certain elevation maps available through the Sentera AgVault platform, which would offer crop consultants and growers added field insights. In 2017, it made an improvement to its existing Omni quadcopter drone to capture three distinct crop health data measurements in a single flight, namely, thermal, normalized difference vegetation index (NDVI), and high-resolution RGB.
4. AGCO Corp
AGCO Corp is a global company engaged in the manufacture of agricultural equipment and related parts. It offers tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, grain storage, and protein production systems. It actively carries out various strategies in order to improve its brand image and global presence. For instance, in 2015, Agribotix LLC and AGCO had partnered to provide growers with an “all-in-one” drone-based precision agriculture solution. Under the partnership, Agribotix’s FarmLens(TM) cloud-based software was combined with AGCO’s modified 3D Robotics Solo drone. It launched SOLO™ AGCO Edition Unmanned Aerial Vehicle (UAV) in 2015.
Precisionhawk is engaged in the manufacture of drones, software, sensors, and the provision of services including analytics, consulting, drone pilot network, etc. The company is making various advances in the industry, including its expansion in other parts of the world. For instance, in 2016, it launched its Sydney office and carried out a partnership with the agricultural powerhouse Ruralco, for making drone and data packages available to growers and businesses. In 2018, the company also managed to raise USD 75 million from a group of venture capitalists and strategic investors. It has also launched a variety of other services. For example, it collaborated with Leonardo, a multinational high-tech security company, in order to deliver to customers a new algorithm that automatically detects wheat nitrogen levels from drone-collected imagery.
Here are some of the other key players mentioned in the market report:
3D Robotics Inc.
Eagle UAV Services
Honey Comb Corp.
Trimble Navigation Limited
About the Agricultural Drone Market
According to the Mordor Intelligence report, the agricultural drones market was valued at USD 670.0 million in 2015. It estimates the market to register a double-digit CAGR during the forecast period (2018-2023).
Mordor Intelligence is a market intelligence and advisory firm operating in 14 industry segments, serving over 600 clients across the world.