South America Agriculture Drone Service Market is Expected to Witness a Steady Growth by 2030

The South America Agriculture Drone Service market was valued at US$ 9,821.65 million in 2022 and is expected to reach US$ 35,591.64 million by 2030; it is estimated to register a CAGR of 17.5% from 2022 to 2030.

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.

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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.

MARKET INTRODUCTION

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.
List of Companies Profiled in the South America Agriculture Drone Service Market Report are:
• AERODYNE GROUP
• Beijing TT Aviation Technologies
• Applus+
• Cyberhawk Innovations Limited
• Dronegenuity

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Key Segmentation:

By Type
• Fixed Wing
• Rotary Wing
• Hybrid
By Services
• Surveying Mapping
• Inspection
• Aerial Photography
• Spraying

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

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