Civil Drone Market is expected to reach US$ 21.61 Bn in 2027

by Sameer Joshi or 26-Aug-2019

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According to the new research report published by The Insight Partners, titled “Civil Drone Market - Global Analysis and Forecast to 2027”, the global civil drone market is expected to reach US$ 21.61 Bn by 2027, registering a CAGR of 14.3% during the forecast period 2019-2027.

Functionalities of civil drones in precision farming is expected to drive the market during forecast period.For years now, civil drone advocates have cited their use in precision agriculture. Functions such as crop management with the use of big data and GPS is considered to increase crop harvest while resolving food and water crisis. Regrettably, civil drones haven’t had a significant impact on agricultural practices, at least until recently. A lot is happening lately on the subject of drone applications in agriculture and precision farming. From the ability to image, recreate and analyze such as identification of individual leaves on a corn plant from 120 meters height, to getting information on the water-holding capacity of soils to variable-rate water applications, agricultural practices are changing due to drones delivering agricultural intelligence for both farmers and agricultural consultants.

Unfortunately, in the past many of the promises being made to farmers, by drone service providers simply couldn’t deliver, even backed up by proper research yet. Until now airspace controllers did not open segments of airspace above agricultural areas for commercial drone agricultural research to take place. However, in the recent time, a shift in regulatory policy in this respect allows certified drone service provider firms - many of which are in a start-up phase - to assist both large and small farming operations with water and disease management. The service providers - with an open airspace to a specific flight height will also be able to use drones to provide better planting and crop rotation strategies and to provide a higher degree of all-around monitoring of how crops are progressing on a day-to-day basis in different parts of a given crop field, as well.

It is expected that, in the coming years all of the possible uses for drones will be fleshed out by drone service providers and farmers itself for precision farming. A boost in crop intelligence will make farms more efficient and help smaller operations compete with their more well-heeled big agriculture competitors. Some of the esteemed functionalities of drones in precision farming are; crop health monitoring, irrigation equipment monitoring, mid-field weed identification, variable-rate fertility monitoring and cattle herd monitoring. These application list is bound to undergo quite some growth over the forecast period as more and more research takes place certainly when most of the countries’ , airspace will be opened for certified drone equipped agricultural service providers.

Key findings of the study:

The integration of drone solutions with the machine to machine (M2M), RFID, LTE, and live video streaming increased the role of drones in public safety areas. Besides, the trends toward intelligence and data mining give the drones opportunities to be involved in civil security activities, like providing security services for smart cities. This new trend will move the cities management personnel from being reactive to proactive by leveraging data. Furthermore, the involvement of drones in surveillance activities will reduce costs and increase the efficiency of the operations. The effectiveness of security and safety systems in a city has become a serious concern not only for smart cities but also for any cities or communities. Involvement of drones in smart policing activities has lately been supported by the US Congress and leading federal agencies such as the Bureau of Justice Assistance, and the US Department of Justice. In addition, integration of mobile applications, secure and reliable wireless networks, forensic mapping software, and drones can help smart cities become a safe place for living.

Some of the key players operating in the global civil drone market are 3D Robotics, Inc., Aerovironment, Inc., Aeryon Labs, Inc., Drone Volt, ECA Group, Insitu, Inc., Intel Corporation, Parrot SA, Precisionhawk Inc., SZ DJI Technology Co., Ltd and Yuneec International, among others.

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