Pune, India, Oct. 18, 2021 (GLOBE NEWSWIRE) — The global agriculture drone market size is projected to reach USD 3,697.4 million by 2027, exhibiting a CAGR of 18.14% during the forecast period. The emergence of startups specializing in developing unmanned aerial vehicles (UAVs) for agriculture will significantly enhance the potential of the market.
Agriculture drones have proved to be immensely successful in raising farm yields around the globe. Given the lucrative opportunities, several startups have cropped up in this domain, developing UAV solutions tackling the different aspects of farming operations. For example, Gamaya, a Swiss startup, is focused on boosting productivity and scalability of small farms by using advanced mapping and diagnostic systems, enabling farmers to efficiently manage their farms.
Another example is HummingBird Technologies, a UK-based startup, which develops drones with customized sensors with machine learning algorithms and computer…