Agricultural drone market in India will quadruple

New Delhi, May 27, 2022 (GLOBE NEWSWIRE) — Government approval for the use of drones in pesticide and nutrient application coupled with growing industry participation is expected to positively influence the Indian agricultural drone market in the coming years…

A recent study conducted by the strategic consultancy and market research firm, BlueWeave Consulting, Indian agricultural drone market is expected to increase fourfold by 2028, with a projected CAGR of over 25% between 2022 and 2028. Agricultural drones are spray drone-enhanced unmanned aerial vehicles that are used to improve the efficiency of agricultural operations, crop yield and crops. growth monitoring. Drone sensors and digital photography capabilities are also designed to provide farmers with a more detailed view of their land. Additionally, abrupt climate change is adding new layers of complexity to the agricultural industry, increasing the demand for technological solutions such as agricultural drones to increase agricultural production and business efficiency. Additionally, aerial view by drone farming can reveal a variety of issues, including soil variance, irrigation issues and fungal infestations, and can be used as a set of instructions in farming to monitor crops and quickly identify problems. All these factors are expected to boost the demand for agricultural drones in India in the coming years.

Growth of the Indian agricultural drone market

Agricultural drones will continue to be driven by the growth of the agricultural sector, which incorporates technological improvements in agricultural operations. The lack of manpower in agriculture has led to greater reliance on precision farming implements such as agricultural drones. Large farms are embracing precision agriculture and overcoming technological challenges. Experts predict that the world’s population will reach 9 billion by 2050, with agricultural consumption also expected to increase by almost 70% in the same time. Drone technology with artificial intelligence (AI), machine learning (ML) and remote sensing capabilities is becoming increasingly popular due to its advantages. With its Digital Sky online platform, the central government has recognized the importance of unmanned aerial vehicles (UAVs), machine learning and artificial intelligence, which is expected to increase the adoption of drones in the agricultural sector of the country during the forecast period.

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Drone startups in India have taken advantage of this opportunity to enhance their technological capabilities. Precision farming technologies have been shown to increase yields by up to 5%. Drones equipped with Normalized Difference Vegetation Index (NDVI) imaging equipment use detailed color information to determine plant health. With a team of two operators, drones can plant 400,000 trees per day and 10 drones can plant 400,000 trees per day. With increasing food needs around the world, there is constant pressure to boost agricultural productivity and crop health, which could lead to increased production. With India being one of the leading agricultural producers, the opportunities for drone manufacturers seem immense.

Regional analysis

Drones are used in the agricultural sector in Rajasthan, and an action plan has been developed for their versatile use in spraying agricultural chemicals and water-soluble fertilizers on crops. The state government’s agriculture department studies the technical parameters and safety features of drones. Maharashtra and various other states are also exploring opportunities to adopt the new technology, including collaborations with drone companies.

Please see the press release from

Impact of COVID-19 on Agricultural Drones Market in India: https://www.blueweaveconsulting.com/press-release/india-agriculture-drones-market-to-witness-four-fold-increase-by-2028

Due to the impact of COVID-19, revenue from the agricultural drone industry has been declining. Government initiatives associated with COVID-19 around the world have disrupted global manufacturing and supply chains, which has had and will continue to have a significant direct and indirect impact on the agricultural drone market. If the COVID-19 disease spreads and leads to a long period of trade and regulatory restrictions, agricultural drone makers may have difficulty obtaining specific raw materials and components needed to manufacture their products. However, with the COVID scenario looking better now, ecosystem experts in the agricultural drone industry, on the other hand, believe that the market would accelerate and grow from 2022.

Competitive landscape

The agricultural drone market is highly fragmented, with many national and regional competitors as well as global companies operating in the market. New entrants may be hampered by relatively high capital requirements and the need for ongoing R&D spending. Due to their huge presence in various industries, they have to compete with market incumbents. Mahindra Group increases its production. Chennai-based Garuda Aerospace, Thanos India and General Aeronautics are also among the renowned names in India’s agricultural drone market.

RECENT DEVELOPMENTS

The Indian government also released a certification scheme for agricultural drones on January 26.^e, 2022, which can now carry a payload that does not include the chemicals or other liquids used in drone spraying. Such liquids may be sprayed if applicable rules and regulations are followed. The Government of India has recently offered 100% grant till March 2023 to Agricultural Machinery Training and Testing Institutes, ICAR Institutes, Krishi Vigyan Kendras and State Agricultural Universities on January 23, 2022, to promote the use of drones for agricultural purposes and reduce the workload of farmers.

An emergency fund of INR 6,000 per hectare will also be established for the hiring of drones at Customized Hiring Centers (CHCs). The grant and emergency funds will help farmers access and adopt this extensive technology at low cost. The Indian government granted the International Crops Research Institute (ICRISAT) permission to use drones for agricultural research on November 16, 2020. The government hopes that by taking this step, it will encourage researchers and aspiring entrepreneurs to consider low-cost drone solutions for over 660,000 Indian villages. Even though the use is conditional, it is a revolutionary step. Amber Dubey, joint secretary of the Department of Civil Aviation, pointed out that drones are set to play an important role in agriculture, especially in precision farming, improving crop yields and locust control.

Don’t miss the business opportunity in the Indian agricultural drone market. Consult our analysts to gain crucial insights and facilitate the growth of your business.

The in-depth analysis of the report provides insights into the growth potential, upcoming trends and statistics of the Agricultural Drones Market in India. It also highlights the factors driving the forecast of the total market size. The report promises to provide recent technology trends in Indian Agricultural Drones market and industry insights to help decision makers take sound strategic decisions. In addition, the report also analyzes market growth drivers, challenges, and competitive dynamics.

Report scope

By offering

• fixed wing
• Rotating wing
• Hybrid Wing

By app

• Soil and terrain analysis
• Crop monitoring
• Health Assessment
• Irrigation
• Crop spraying
• Aerial planting

By size

By region

Please find a related report below:

• Agricultural Drones Market, Trend Analysis and Forecast Report, 2018-2028
• Agriculture Equipment Market, Trend Analysis and Forecast Report, 2018-2028
• Agriculture Equipment Market, Trend Analysis and Forecast Report, 2018-2028
• Digital Agriculture Market, Trend Analysis and Forecast Report, 2018-2028
• Agriculture Technology as a Service Market, Trend Analysis and Forecast Report, 2018-2028

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