South America Agriculture Drone Market, By Offering (Hardware, Software, and Services), Drone Type (Fixed Wing Drones, Multi Wing Drones, and Others), Capacity (15 to 20 Liters, 10 to 15 Liters, 5 to 10 Liters, Up to 5 Liters, and Others), Flight Mode (Manual, Semi-Autonomous, and Autonomous), Operation Mode (Standard Mode, Remote Control Mode, and Customized Mode), Sales Channel (OEM and Aftermarket), Application (Mapping & Surveying, Precision Agriculture, Crop Dusting & Spraying, Monitoring Field Conditions, Planting & Seeding, Livestock Management, Irrigation Monitoring, and Others) - Industry Trends and Forecast to 2030.
South America Agriculture Drone Market Analysis and Insights
Farmers seek more efficient and sustainable methods of cultivation, and drones offer the capability to gather high-resolution data on crop health, soil conditions, and pest infestations. This data-driven approach empowers farmers to make informed decisions, optimize resource allocation, and enhance yields while minimizing environmental impact, positioning drones as invaluable tools for modernizing agricultural practices across the region.
Data Bridge Market Research analyzes that the South America agriculture drone market is expected to reach a value of USD 107,962.41 thousand by 2030, at a CAGR of 3.84% during the forecast period.
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015 – 2020) |
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Quantitative Units |
Revenue in USD Million and Pricing in USD |
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Segments Covered |
Offering (Hardware, Software, and Services), Drone Type (Fixed Wing Drones, Multi Wing Drones, and Others), Capacity (15 to 20 Liters, 10 to 15 Liters, 5 to 10 Liters, Up to 5 Liters, and Others), Flight Mode (Manual, Semi-Autonomous, and Autonomous), Operation Mode (Standard Mode, Remote Control Mode, and Customized Mode), Sales Channel (OEM and Aftermarket), Application (Mapping & Surveying, Precision Agriculture, Crop Dusting & Spraying, Monitoring Field Conditions, Planting & Seeding, Livestock Management, Irrigation Monitoring, and Others) |
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Countries Covered |
Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Bolivia, Guyana, Uruguay |
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Market Players Covered |
BASF SE (Germany), DJI (China), Qingdao Zhongfei Intelligent, Technology Co., Ltd (China), XAG Co. Ltd (China), PrecisionHawk, Inc (U.S.), Qualcomm Technologies, Inc.(U.S.), Sky-Drones Technologies LTD (U.K.), Eavision Technologies Co., Ltd.(U.S.), Yamaha Motor Co., Ltd.(Japan), AgroDrone AI (Brazil), Aerodyne Group (Malaysia), and AeroVironment, Inc.(U.S.) among others |
South America Agriculture Drone Market Definition
The agriculture drone market refers to the sector focused on the production, sale, and use of Unmanned Aerial Vehicles (UAVs) tailored for agricultural applications. These drones are equipped with sensors and cameras to monitor crop conditions, support precision farming, and enhance agricultural productivity. The market serves farmers, agronomists, and agricultural enterprises seeking technological solutions to optimize their farming practices. It encompasses both drone hardware and accompanying software solutions, catering to the evolving needs of the agriculture industry. The demand for precision agriculture and sustainable farming methods drives its growth.
South America Agriculture Drone Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Driver
- Growing Rising Adoption of Agriculture Drones
Farmers seek more efficient and sustainable methods of cultivation, and drones offer the capability to gather high-resolution data on crop health, soil conditions, and pest infestations. This data-driven approach empowers farmers to make informed decisions, optimize resource allocation, and enhance yields while minimizing environmental impact, positioning drones as invaluable tools for modernizing agricultural practices across the region.
Restraint
- High Initial Investment in Agriculture Drone
The high initial investment is a significant impediment to market growth in South America. While these technological tools offer numerous advantages, such as increased crop yield, reduced operational costs, and enhanced precision in agriculture, the steep upfront costs deter many farmers and agricultural businesses. The price of acquiring drones, along with the necessary accessories and software, often exceeds the budgets of small and medium-sized farms in the region. This limits the market's potential reach and application, particularly in areas where cost-effective solutions are crucial.
Opportunity
- Rising Need for More Efficient and Sustainable Farming Practices
The rising need for more efficient and sustainable farming practices has created a significant opportunity for the South America Agriculture Drone Market. Agriculture in South America plays a vital role in the region's economy, with countries such as Brazil and Argentina being major producers of crops such as soybeans, corn, and sugarcane. South American farmers are increasingly looking for innovative solutions to enhance their productivity while reducing their environmental footprint to meet the growing global demand for food and address environmental concerns. Agriculture drones offer several benefits that align with these goals.
Challenge
- High Lack of Technical Knowledge
Lack of technical knowledge poses a significant challenge to market growth and adoption of agriculture drones in the South American market. The agricultural sector in many South American countries has traditionally been characterized by manual labor and traditional farming methods, which makes the integration of advanced technologies such as drones a daunting task. Farmers and landowners often lack the necessary technical skills and knowledge required to operate and maintain these sophisticated machines.
Recent Developments
- In July 2023, Qualcomm Technologies, Inc. partnered with IdeaForge Technology Limited to enhance their drone solutions by integrating the Qualcomm Flight RB5 5G Platform. This collaboration will bolster the onboard computing capabilities of IdeaForge UAVs, enabling advanced applications such as object avoidance and path planning. IdeaForge aims to offer improved UAV performance across various applications, showcasing the potential of Indian companies in addressing real-world challenges through advanced technology solutions by combining their technology with Qualcomm's compute capabilities
- In April 2023, Aerodyne Group chose Citigroup Inc. as its funding partner as it aims to secure up to USD 200.00 million before its anticipated 2024 IPO. The fundraising may be conducted in stages, providing flexibility for the company's capital needs. This strategic move highlights Aerodyne's commitment to scaling its operations and market presence in the drone industry
South America Agriculture Drone Market Scope
The South America agriculture drone market is segmented into seven notable segments, which are on the basis of offering, drone type, capacity, flight mode, operation mode, application and end sales channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Offering
- Hardware
- Software
- Services
On the basis of offering, the market is segmented into hardware, software, and services.
Drone Type
- Fixed-Wing Drones
- Multi-Wind Drones
- Others
On the basis of drone type, the market is segmented into fixed-wing drones, multi-wind drones, and others.
Capacity
- Structured Light Scanners
- 3D Laser Scanners
- Hybrid 3D Scanners
On the basis of capacity, the market is segmented into upto 5 liters, 5 to 10 liters, 10 to 15 liters, 15 to 20 liters, and others.
Flight Mode
- Manual
- Semi-Autonomous
- Autonomous
On the basis of flight mode, the market is segmented into manual, semi-autonomous, and autonomous.
Operation Mode
- Standard Mode
- Customized Mode
- Remote Control Mode
On the basis of operation mode, the market is segmented into standard mode, customized mode, and remote control mode.
Sales Channel
- OEM
- Aftermarket
On the basis of sales channel, the market is segmented into OEM and aftermarket.
Application
- Mapping & Surveying
- Precision Agriculture
- Crop Dusting & Spraying
- Monitoring Field Conditions
- Planting & Seeding
- Drone Pollination
- Drone Irrigation
- Livestock Management
- Others
On the basis of application, the market has been segmented into mapping & surveying, precision agriculture, crop dusting & spraying, monitoring field conditions, planting & seeding, drone pollination, drone irrigation, livestock management, and others.
South America Agriculture Drone Market Regional Analysis/Insights
The South America agriculture drone market is segmented into seven notable segments, which are on the basis of offering, drone type, capacity, flight mode, operation mode, application and end sales channel.
The countries covered in this market report are Brazil, Argentina, Colombia, Peru, Chile, Venezuela, Bolivia, Guyana, Uruguay and the Rest of South America.
Brazil is expected to dominate the market because of its vast agricultural landscape and diverse crops. The country's significant adoption of modern farming practices and technology fuels the demand for agricultural drones. Brazil's position as a major agricultural producer and exporter further enhances its leadership in this market.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, and the impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and South America Agriculture Drone Market Share Analysis
The agriculture drone market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in R&D, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product approvals, product width and breadth, application dominance, and product type lifeline curve. The above data points provided are only related to the company’s focus on the market.
Some of the major market players operating in the South America agriculture drone market are DJI, Qualcomm Technologies, Inc., Yamaha Motor Co., Ltd., Aerodyne Group, and AeroVironment, Inc. among others.
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