South America Agriculture Drone Service Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Fixed Wing, Rotary Wing, and Hybrid) and Services (Surveying Mapping, Inspection, Aerial Photography, and Spraying)
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 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.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Agriculture Drone Service Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South America – PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Agriculture Drone Service Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Strong Growth in Agriculture Sector
5.1.2 Increasing Expansions of Agriculture Drone Services in South and Central America
5.2 Market Restraints
5.2.1 Advent of Precision Agriculture among Farmers
5.3 Market Opportunities
5.3.1 Stringent Rules and Regulations for Drone Operators
5.4 Future Trends
5.4.1 Emergence of Digital Farming in South and Central America
5.5 Impact Analysis of Drivers and Restraints
6. Agriculture Drone Service Market – South America Analysis
6.1 Agriculture Drone Service Market Overview
6.2 Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – South America Key Players
7. Agriculture Drone Service Market Analysis – By Type
7.1 Overview
7.2 Agriculture Drone Service Market, By Type (2019 and 2027)
7.3 Fixed Wing
7.3.1 Overview
7.3.2 Fixed Wing: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Rotary Wing
7.4.1 Overview
7.4.2 Rotary Wing: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Hybrid
7.5.1 Overview
7.5.2 Hybrid: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
8. Agriculture Drone Service Market Analysis – By Services
8.1 Overview
8.2 Agriculture Drone Service Market, By Services (2019 and 2027)
8.3 Surveying Mapping
8.3.1 Overview
8.3.2 Surveying Mapping: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Inspection
8.4.1 Overview
8.4.2 Inspection: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Aerial Photography
8.5.1 Overview
8.5.2 Aerial Photography: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Spraying
8.6.1 Overview
8.6.2 Spraying: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
9. Agriculture Drone Service Market Analysis – By Country
9.1 Overview
9.2 Agriculture Drone Service Market, By Country (2019 and 2027)
9.2.1 Brazil: Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
9.2.1.1 Brazil: Agriculture Drone Service Market, by Type
9.2.1.2 Brazil: Agriculture Drone Service Market, by Services
9.2.2 Argentina: Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
9.2.2.1 Argentina: Agriculture Drone Service Market, by Type
9.2.2.2 Argentina: Agriculture Drone Service Market, by Services
9.2.3 Mexico: Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
9.2.3.1 Mexico: Agriculture Drone Service Market, by Type
9.2.3.2 Mexico: Agriculture Drone Service Market, by Services
9.2.4 Colombia: Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
9.2.4.1 Colombia: Agriculture Drone Service Market, by Type
9.2.4.2 Colombia: Agriculture Drone Service Market, by Services
9.2.5 Rest of SAM: Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
9.2.5.1 Rest of SAM: Agriculture Drone Service Market, by Type
9.2.5.2 Rest of SAM: Agriculture Drone Service Market, by Services
10. Agriculture Drone Service Market- COVID-19 Impact Analysis
10.1 South America
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
12. Company Profiles
12.1 AERODYNE GROUP
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Beijing TT Aviation Technologies, Co., Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Applus+
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Cyberhawk Innovations Limited
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Dronegenuity
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Horus Aeronaves
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 INTERTEK GROUP PLC
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Taranis
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Terra Drone Corp.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 The Sky Guys, Ltd.
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 SZ DJI Technology Co., Ltd.
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 XAG Co., Ltd.
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
Table 2. Brazil: Agriculture Drone Service Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil: Agriculture Drone Service Market, by Services –Revenue and Forecast to 2027 (US$ Million)
Table 4. Argentina: Agriculture Drone Service Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 5. Argentina: Agriculture Drone Service Market, by Services –Revenue and Forecast to 2027 (US$ Million)
Table 6. Mexico: Agriculture Drone Service Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. Mexico: Agriculture Drone Service Market, by Services –Revenue and Forecast to 2027 (US$ Million)
Table 8. Colombia: Agriculture Drone Service Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Colombia: Agriculture Drone Service Market, by Services –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Agriculture Drone Service Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM: Agriculture Drone Service Market, by Services –Revenue and Forecast to 2027 (US$ Million)
Table 12. Glossary of Term: Agriculture Drone Service Market
LIST OF FIGURES
Figure 1. Agriculture Drone Service Market Segmentation
Figure 2. South America Agriculture Drone Service Market Overview
Figure 3. South America Agriculture Drone Service Market, by Type
Figure 4. South America Agriculture Drone Service by Services
Figure 5. South America – PEST Analysis
Figure 6. Agriculture drone service Market- Ecosystem Analysis
Figure 7. Expert Opinion
Figure 8. Agriculture Drone Service Market Impact Analysis of Drivers and Restraints
Figure 9. Agriculture Drone Service Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Agriculture Drone Service Market Revenue Share, by Type (2019 and 2027)
Figure 11. Fixed Wing: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Rotary Wing: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Hybrid: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Agriculture Drone Service Market Revenue Share, by Services (2019 and 2027)
Figure 15. Surveying Mapping: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Inspection: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. Aerial Photography: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Spraying: Agriculture Drone Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Agriculture Drone Service Market Revenue Share, by Country (2019 and 2027)
Figure 20. Brazil: Agriculture Drone Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 21. Argentina: Agriculture Drone Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 22. Mexico: Agriculture Drone Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 23. Colombia: Agriculture Drone Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 24. Rest of SAM: Agriculture Drone Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic in South America Markets
- 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.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South America agriculture drone service market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South America agriculture drone service market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South America market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution