South America Agriculture Drone Service Market Growth and Analysis by 2027

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

Agriculture drone service is increasing its footprint in Brazilian market with growing demand for digital agriculture solution. The modern technologies are getting adopted by farmers to automate farming operation and improve the crop growth. Agriculture drone service helps farmers monitor and verify real time data for better controls and results. Rising export of agricultural products from the region to global market amid the COVID-19 outbreak pandemic is accelerating the growth of the South America agriculture drone service market. Agriculture drone service helps manage farm activities remotely with lesser human resources, which help farm owners reduce the operational cost and improve productivity. Countries such as Brazil, Peru, and Argentina are propelling the market growth by creating demand for advanced farming service to save cost and human resource expenses. For instance, in July 2016, Embrapa, a State-owned Brazilian Agricultural Research Corporation partnered with an IT firms to develop affordable precision agriculture drones for all farmers. Similarly, in August 2018, AERODYNE GROUP, a provider of the drone-based managed solutions company, formed a new regional headquarter in Chile to offer drone service for agriculture, mining, construction, and other sector-based customers. Increasing demand for cost-saving and low-cost agriculture drone services in South American countries, such as Brazil, Mexico and Argentina, is accelerating the growth of the South America agriculture drone service market.

South America comprises the leading agricultural crop exporting countries and food exporting companies (operating in Brazil, Argentina and rest of SAM). Global market imposed strict lockdown and social isolation for certain period that virtually halted the manufacturing and production of numerous components, equipment, and machinery for several weeks, resulting in shrinking its economy. As a result, the subsequent lockdown and disruption in the production of numerous industries across Europe and MEA has impact on the drone production in region. Low production volume and export of the agricultural drone has significant impact on the agriculture drone service market growth across the South America region. On other hand, the export of agricultural product is increased in the COVID-19 situation from South America, which created lucrative opportunities for agriculture drone service providers to enhance their footprint. Also, lack of human resources in agriculture industry owing to the novel coronavirus outbreak enhanced the demand for agriculture service and changed attitude toward digital farming. The governments are taking effective actions to restart the manufacturing and office operations in South America with significant distancing measures, which shows promising growth support for the market.  

South America Agriculture Drone Service Market

South America Agriculture Drone Service Market Segmentation

South America Agriculture Drone Service Market – by Type

• Fixed Wing
• Rotary Wing
• Hybrid

South America Agriculture Drone Service Market – by Service

• Surveying Mapping
• Inspection
• Aerial Photography
• Others

South America Agriculture Drone Service Market – by Country

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

South America Agriculture Drone Service Market -Companies Mentioned

• 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.

South America Agriculture Drone Service Report Scope