As drone technology continues to evolve, its potential impact on Indian agriculture is becoming increasingly clear. Innovations like Kisan Drones are paving the way for a transformation in how farming is approached in India. While drone use among Indian farmers is currently less widespread compared to some developed nations, recent data suggests a promising upward trend.
Global Position and Market Development
India is establishing itself as one of the largest import markets of drone spares & parts. As estimated by the Stockholm International Peace Research Institute SIPRI, India imports about 22.5% of the global market share, whereas The US imports a mere 5% of the same. This big import percentage proves the growing trends and possibilities of drone technology spiking in India especially in the field of agriculture.Sampling the inception of unemployment in the Indian drone market, the CAGR projection of this market has been predicted to be 18 percent from the year 2017 to 2023. According to the market share, in 2018 MALE segment has dominated the whole market.
Government Initiatives and Legislation
One of the key factors which stimulate this growth is the “Make in India” programme launched by the Government of India to support Indian drone manufacturers. It is believed that this strategy would bring about the intended increase of the sector in accordance with the increasing basket of commercial drones.
New legislations that the Indian government has made in the recent past have also been instrumental to enhancing the demand for the commercial drones. A study conducted by BlueWeave Consulting forecasts a compelling CAGR of over 25% for the Indian Agriculture Drones market between 2022 and 2028. This projection signifies an optimistic outlook for the future of agriculture drone technology in India, reflecting a growing recognition of its potential and benefits within the agricultural landscape.
Industry Innovations and Catalysts
Furthermore, advancement in drone technology and hence their usage in delivery by Amazon and other players has also boosted the developments in this technology even further. This has created several companies that are based on aircrafts, which in turn has revealed a sustained and promising developmental phase of the industry.
Conclusion
In conclusion, the steadily rising trend in the adoption and utilization of drone technology in Indian agriculture is evident from the current statistics and data. The combined efforts of government initiatives, market demands, and technological advancements are paving the way for a thriving and dynamic agriculture drone sector in India, poised for significant growth in the years to come. The future looks bright for Kisan Drones and other agricultural drone innovations, driving efficiency and sustainability in Indian farming.
