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A RIPE FUTURE

RotorDrone

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May/ June 2020

Drone job opportunities in the agricultural industry

- David Daly

A RIPE FUTURE

A RIPE FUTURE

The agricultural industry is no stranger to innovations. According to Grand View Research, the precision agriculture industry was valued at $4.7 billion in 2019 and had an expected Compound Annual Growth Rate of 13% from 2020 to 2027.

As the world’s population continues to surge, the demand for food will continue to increase. With limited farmland and fewer people choosing farming as a career, the only hope for supply to meet demand is more efficient farming. Drones have been a part of this industry for several years and will continue to play an evergrowing role in maximizing farming outputs. Wise Guy Reports estimated the agricultural drone market in 2016 to have an approximate value of $434 million. They also projected a growth rate for the market of 38% over the forecast period of 2017- 2025.

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