The global agriculture drones market is forecast to grow at a rate of 31.1% per year, reaching $5.19bn by mid-decade.
Researchandmarketing.com suggests this is due to growing pressure on the global food supply and need for water consumption, as well as increased drone funding.
The hardware side of the industry is likely to lead this growth, with rotary blade drones being the most popular. This, the research says, is due to their being more affordable and easy to use, as well as their compact size.
The use of drones in agriculture will only be limited by the technological limitations of the drones themselves, says researchandmarketing.com.
Finally, the website predicts that North America will command the bulk of the agriculture drone market in 2019.
Rising labour costs, population growth and favourable regulations regarding small drones in agriculture are all facilitating growth in North America.