South America Agriculture Drone Service Market is expected to reach US$ 64.02 Mn by 2027

Rotary Wing Segment to Dominate South America Agriculture Drone Service Market during 2019–2027

According to The Insight Partners market research study on “South America Agriculture Drone Service Market Forecast to 2027 – COVID-19 Impact and Analysis – by Aerospace and Defense,” the market is expected to reach US$ 64.02 million by 2027 from US$ 9.66 million in 2019. The market is estimated to grow at a CAGR of 27.0% from 2020 to 2027. The report provides trends prevailing in the South America agriculture drone service market along with the drivers and restraints pertaining to the market growth. Growing awareness among farmers regarding advanced agriculture technologies is helping drone service providers to offer attractive packages. Moreover, significant growth in the agriculture sector with the adoption of digitalization is attracting the domestic and international market players to extend their services across the region.

The agriculture drone service market in South America is segmented into Brazil, Argentina, and Rest of SAM. The improving social conditions and changing economic structures are accelerating the region’s development. The demand for agriculture drone service is consistently growing in the region owing to the strong export of agricultural products from countries such as Brazil, Argentina, and Peru. The drone service providers are offering advanced solution with improved quality and in-depth analysis, which is spurring service adoption across the region. The demand for agriculture drone for mapping and spraying is substantially growing among the services, which is showcasing strong growth for agriculture drone service market in South America.

The Brazilian, Colombian, and Argentine governments are continuously imposing certain regulations for drone flying, such as certification for operator and registration of drone, which also boosts the growth of agriculture drone service market. Countries in South America are upgrading their agricultural operations with modern practices to increase productivity and reduce loses with predictive analysis model. The agriculture drone service providing companies are also demonstrating advanced system and expanding their presence for the regions. For instance, Taranis, an Israeli start-up is expanding its service for Brazilian agriculture by offering advanced solution for farming. The company is planning to deploy intelligent agricultural management platform to assist customers, which uses drone for aerial monitoring and other technologies also.

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 leading companies operating in the South America agriculture drone service market. The companies are focused on adopting organic growth strategies, such as product launches and expansions, to sustain their position in the dynamic market.

The report segments the South America agriculture drone service market as follows:

South America Agriculture Drone Service Market – by Type

• Fixed Wing
• Rotary Wing
• Hybrid

South America Agriculture Drone Service Market – by Services

• Surveying Mapping
• Inspection
• Aerial Photography
• Spraying

South America Agriculture Drone Service Market – by Country

• Brazil
• Argentina
• Mexico
• Colombia
• Rest of SAM