Agricultural drones have a lot to do, 100 billion market to be nuggets

With the development of modern science and technology, the degree of application of agricultural drones in different countries in the world is different, but in general, the proportion of drones in agricultural production is increasing. In the field of agricultural farmland plant protection, drones have also begun to play an important role.

In recent years, with the acceleration of land circulation and land intensive management in China, UAV technology will carry out high-tech transformation of agriculture through real-time data collection and processing. Modern machinery represented by drones is developing very rapidly.

Figure 1: Academician Yuan Longping cooperates with Gaoke Xinnong UAV Company.

Agricultural drone market prospects

According to analysis by research institutions, the global agricultural drone market in 2015 was 494 million US dollars, and it is expected to reach nearly 3.7 billion US dollars by 2022.

In 2015, the sales volume of domestic civil drone products was 2.33 billion yuan, a year-on-year increase of 55.3%. According to IDC data, in 2019, the sales volume of the Chinese civil drone market reached 3.9 million units, a total of about 60 billion yuan. It is estimated that by 2023, the domestic civil drone market will reach nearly 98 billion yuan, with a compound annual growth rate of 60%.

It is estimated that by 2023, the market share of our national UAV sub-applications will be: 20 billion yuan for consumer-grade and aerial drones, 16 billion for agricultural plant protection hardware, and 48.5 billion for agricultural plant protection services. Forest fire prevention, police security and other fields totaled 13.19 billion yuan, a total of 97.69 billion yuan.

Agricultural plant protection hardware sales plus agricultural plant protection services will total 64.5 billion yuan, a large share, and the prospects are very broad.

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