South America Agriculture Drone Service Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis by Type (Fixed Wing, Rotary Wing, and Hybrid) and Services (Surveying Mapping, Inspection, Aerial Photography, and Spraying)


No. of Pages: 109    |    Report Code: TIPRE00018153    |    Category: Aerospace and Defense

South America Agriculture Drone Service Market
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Market Introduction

The agricultural sector in South America is upgrading its operations with advanced technologies to reduce time required to perform various processes and improve the overall productivity. The famers are adopting new machines to ease farming processes by replacing traditional time-consuming methods. Technological advancements in farming such as low-cost tractors, advanced farming equipment, and drones are offering enhanced benefits to the farmers. Thus, they are moving toward automation and digital platforms, thereby contributing to the market growth. The rising population of techno-savvy farmers in South America and changing attitude toward drone services are propelling the market growth. The service providers are taking numerous initiatives to reach out to maximum farmers through campaigns, events, and other activities. Owing to the potential risk of using drones that may harm people and properties, governments have imposed certain rules for the drone operators.

The agriculture drones are designed for various applications and the structure is modified as per requirement. For instance, fixed wings travel long distance at high speed and rotary wings travels at low ground level. The combination of fixed and rotary wings forms a new drone called hybrid, which is gaining popularity at market. Hybrid drone are suitable for long distance, and are able to operate on low ground level making it suitable for wide range of services. Service providers are selecting the drone as per the customer demand and size of their farms that needs to be covered. Further, continuous developments in the drone technology such as improved resolution, and scanning and mapping are advancing the agricultural drones for service providers. To meet specific requirement of the customers, service providers are offering various types of drone in their service package.


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South America Agriculture Drone Service Strategic Insights

Strategic insights for the South America Agriculture Drone Service provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South America Agriculture Drone Service Report Scope

Report Attribute Details
Market size in 2019 US$ 9.66 Million
Market Size by 2027 US$ 64.02 Million
Global CAGR (2020 - 2027) 27.0%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Type
  • Fixed Wing
  • Rotary Wing
  • Hybrid
By Services
  • Surveying Mapping
  • Inspection
  • Aerial Photography
  • Spraying
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • AERODYNE GROUP
  • Beijing TT Aviation Technologies, Co., Ltd.
  • Applus+
  • Cyberhawk Innovations Limited
  • Dronegenuity
  • Horus Aeronaves
  • INTERTEK GROUP PLC
  • Taranis
  • Terra Drone Corp.
  • The Sky Guys, Ltd.
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    South America Agriculture Drone Service Regional Insights

    The geographic scope of the South America Agriculture Drone Service refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Market Overview and Dynamics
                  

    The South America agriculture drone service market was valued at US$ 9.66 million in 2019 and is projected to reach US$ 64.02 million by 2027; it is expected to grow at a CAGR of 27.0% from 2020 to 2027.

    South America is one of the leading regions in the global agriculture market, and it accounts for more than 10% of the world’s agricultural product export. Countries such as Brazil and Colombia are leading exporters of agricultural products. ~41% of the total land in Brazil is under agriculture, and the country ranks third in terms of agricultural production among the South American countries. Sugarcane and soybean are largely produced crops in the country; it produces ~600 million tons of sugarcane yearly. Hence, to sustain this growth, agriculturists in the country are highly adopting advanced technologies. Countries such as Brazil, Argentina, and Colombia are at the forefront of adopting advanced technologies to improve farming processes, which propels the adoption of agricultural drones in the region. According to the instructor of National Rural Apprenticeship Service of Mato Grosso (SENAR-MT) programme use of UAVs for farming application is witnessing strong growth in the region. Drones are widely used for various applications such as monitoring plants, detecting and identifying irrigation problems, inspecting fences, and mapping.

    Key Market Segments

    Based on type, the rotary wing segment dominated the South America agriculture drone service market. The rotary wing agriculture drone is used for aerial photography and inspection application as they offer good camera control over the farm. Comparing to fixed wings drone, rotary wings have low battery backup and speed. However, the cost effectiveness of the rotary wing drones has attracted significant numbers of farmers and subsequently the agriculture drone service providers. This factor drives the agriculture drone service market in South America. Affordability is major advantage over other type, which helped the market for this segment to gain strong growth in the agriculture sector. The technological improvements in battery capacity to provide maximum energy are expected to drive the growth of the market for this segment during the forecast period.

    Based on services, the surveying mapping segment dominated the South America agriculture drone service market. Surveying mapping services provide the digital map of the farm to prepare plan regarding planting the crops and other timely crop monitoring application. In addition, surveying mapping services offer farmers the terrain models and digital surface models to properly manage drainage and irrigation. It also helps identify leaky irrigation area or pipes. Companies are developing advanced solutions that are helping farmers to save time and utilize the productivity through optimizing farm land use for crop plating.

    Major Sources and Companies Listed

    A few major primary and secondary sources referred to while preparing this report on the South America agriculture drone service market are company websites, annual reports, financial reports, national government documents, and statistical database. AERODYNE GROUP; Beijing TTA Technologies, Co., Ltd.; Applus+; CYBERHAWK; Dronegenuity; HORUS AERONAVES; Intertek Group plc; Taranis; Terra Drone Corp; and The Sky Guys, Ltd. are  among the major companies listed in the South America agriculture drone service market report.

    Reasons to Buy Report

    • To understand the South America agriculture drone service market landscape and identify market segments that are most likely to guarantee a strong return
    • To stay ahead of the race by comprehending the ever-changing competitive landscape for the market
    • To efficiently plan M&A and partnership deals in the market by identifying market segments with the most promising probable sales
    • To make business decisions from perceptive and comprehensive analysis of market performance of various segments in the market
    • To obtain market revenue forecast by various segments from 2020–2027.

    South America Agriculture Drone Service Market Segmentation

    By Type

    • Fixed Wing
    • Rotary Wing
    • Hybrid

    By

    Services

    • Surveying Mapping
    • Inspection
    • Aerial Photography
    • Spraying

    Company Profiles

    • AERODYNE GROUP
    • Beijing TT Aviation Technologies, Co., Ltd
    • Applus+
    • Cyberhawk Innovations Limited
    • Dronegenuity
    • Horus Aeronaves
    • INTERTEK GROUP PLC
    • Taranis
    • Terra Drone Corp.
    • The Sky Guys, Ltd
     

    The List of Companies - South America Agriculture Drone Service Market

    1. AERODYNE GROUP
    2. Beijing TT Aviation Technologies, Co., Ltd.
    3. Applus+
    4. Cyberhawk Innovations Limited
    5. Dronegenuity
    6. Horus Aeronaves
    7. INTERTEK GROUP PLC
    8. Taranis
    9. Terra Drone Corp.
    10. The Sky Guys, Ltd.

     

    Frequently Asked Questions
    How big is the South America Agriculture Drone Service Market?

    The South America Agriculture Drone Service Market is valued at US$ 9.66 Million in 2019, it is projected to reach US$ 64.02 Million by 2027.

    What is the CAGR for South America Agriculture Drone Service Market by (2020 - 2027)?

    As per our report South America Agriculture Drone Service Market, the market size is valued at US$ 9.66 Million in 2019, projecting it to reach US$ 64.02 Million by 2027. This translates to a CAGR of approximately 27.0% during the forecast period.

    What segments are covered in this report?

    The South America Agriculture Drone Service Market report typically cover these key segments-

    • Type (Fixed Wing, Rotary Wing, Hybrid)
    • Services (Surveying Mapping, Inspection, Aerial Photography, Spraying)

    What is the historic period, base year, and forecast period taken for South America Agriculture Drone Service Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Agriculture Drone Service Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
  • Who are the major players in South America Agriculture Drone Service Market?

    The South America Agriculture Drone Service Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • AERODYNE GROUP
  • Beijing TT Aviation Technologies, Co., Ltd.
  • Applus+
  • Cyberhawk Innovations Limited
  • Dronegenuity
  • Horus Aeronaves
  • INTERTEK GROUP PLC
  • Taranis
  • Terra Drone Corp.
  • The Sky Guys, Ltd.
  • Who should buy this report?

    The South America Agriculture Drone Service Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South America Agriculture Drone Service Market value chain can benefit from the information contained in a comprehensive market report.

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