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Global Agriculture Drones Market Projected to Reach $8.03 Billion By 2029 with Significant Growth Still Expected
Newsfilter· 2025-04-24 12:30
Industry Overview - The global agriculture drones market is projected to grow from $2.01 billion in 2024 to $8.03 billion by 2029, indicating significant growth potential driven by the adoption of aerial data collection tools in agriculture [1] - The cereals and grains segment is experiencing substantial growth, with drones playing a crucial role in optimizing yields through aerial surveys, crop health monitoring, and soil condition assessments [2] - The overall agriculture drone market is expected to grow from $6.10 billion in 2024 to $23.78 billion by 2032, at a CAGR of 18.5%, fueled by demand for precision agriculture and advancements in drone technology [4] Company Developments - ZenaTech, Inc. has received FAA Part 137 approval for its ZenaDrone 1000, allowing it to conduct commercial agricultural operations, including crop spraying and precision agriculture [2][3] - ZenaTech plans to utilize a Drone as a Service (DaaS) model to sell its solutions, targeting larger commercial farms and agribusinesses [2] - Unusual Machines, Inc. reported a fourth-quarter revenue of over $2.0 million, marking a 31% increase quarter-over-quarter, with total revenue for FY2024 reaching $5.65 million, exceeding its target by 13% [11] Technological Advancements - The ZenaDrone 1000 features advanced technology, including AI, sensors, and purpose-built attachments for crop spraying, designed for stable flight and heavy lift capabilities [5][6] - Sidus Space has unveiled a near real-time vessel detection and classification capability through its LizzieSat® satellite platform, enhancing space-based maritime intelligence [12][13] - AgriFORCE Growing Systems Ltd. has made progress in its Radical Clean Solutions division, receiving a U.S. patent for a chemical-free solution to reduce mold and extend the shelf life of produce [14][15][16]
ARB IOT Group Limited Unveils Cutting-Edge Smart AI Robot to Revolutionize Fertilization in Agriculture
Newsfilter· 2025-03-27 20:00
Core Insights - ARB IOT Group Limited has launched an AI-powered fertilizer system integrated with a Smart AI Robot, aimed at transforming modern agriculture through optimized fertilization and sustainable farming practices [1][4][5] Group 1: Product Features and Innovations - The Smart AI Robot is designed for unmanned operations with features such as modular design, all-terrain capability, centimetre-level positioning, and ultra-long endurance [2][10] - The AI-powered fertilizer system employs machine learning algorithms and real-time soil data analysis to automate fertilizer application, thereby minimizing waste and maximizing crop yield [4][10] - The integration of IoT technology allows for real-time monitoring of environmental factors, enabling farmers to make data-driven decisions [7][10] Group 2: Market Context and Challenges - By 2027, it is projected that 35% of Malaysia's oil palm land will be overaged, highlighting the need for advanced agricultural solutions [3] - Currently, only 17% of oil palm land has trees in the optimal age range for effective motorized cutting, indicating inefficiencies in traditional farming methods [3] Group 3: Benefits of the AI-Powered System - The system promotes precision application of fertilizers, reducing both overuse and underuse, which supports eco-friendly farming practices [10] - Automation through the Smart AI Robot decreases reliance on manual labor, enhancing operational efficiency across large farmlands [10] - The conversion of solid fertilizers to liquid form leads to cost savings by improving absorption efficiency and reducing waste [10]