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LAMEA Commercial Drones Market Size, Share & Trends Analysis Report By Product, By End-use, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 110 Pages
  • January 2025
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5752977
The Latin America, Middle East and Africa Commercial Drones Market is expected to witness market growth of 17.1% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Commercial Drones Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.61 billion by 2031. The Argentina market is experiencing a CAGR of 18.6% during 2024-2031. Additionally, the UAE market is expected to exhibit a CAGR of 16.2% during 2024-2031.



Sectors such as agriculture, logistics, and construction have led the charge in adopting drones, while other industries, such as mining and energy, are beginning to explore their potential applications. Technology readiness, regulatory clearance, and industry-specific needs have influenced the adoption rate. For instance, agriculture has embraced drones for precision farming, and the logistics sector is testing drones for parcel delivery, particularly in urban areas.

The technological advancements that have driven drone adoption include improvements in battery life, flight stability, automation, AI capabilities, and communication systems. Drone manufacturers have a lot of potential prospects if they incorporate cutting-edge technology like artificial intelligence (AI) and machine learning (ML) into their products. By making high-speed data collection, processing, and transmission possible, they provide their clients access to real-time, data-driven decision-making. Users of AI-powered drones may also engage with one another, see in-flight videos from other drones, and follow their flight trajectories. When ML and AI are integrated with predictive learning models, data analysis may be completed more quickly while still producing insightful results.

The UAE is testing a unique technology that utilizes electricity to zap clouds to create rain because the country is dry from heat waves. But, as the Desert Research Institute reported, the practice frequently involved salt flares and prompted concerns regarding the expense, efficacy, and environmental impact. Hence, it was earlier reported that the UAE is developing a revolutionary method incorporating drones flying through clouds and electrifying them with electricity to make rain fall. Furthermore, the United Arab Emirates National Center of Meteorology recently reignited interest in the initiative by sharing several clips on Instagram showing heavy rain in various parts of the nation. This, in turn, fuels commercial drones demand in the region. In conclusion, the above countries are experiencing key developments that are expected to contribute significantly to the growth of the market.

List of Key Companies Profiled

  • AeroVironment, Inc.
  • Intel Corporation
  • SZ DJI Technology Co., Ltd.
  • EHang Holdings Limited
  • Aeronavics Ltd.
  • Parrot Drones SAS
  • Draganfly Inc.
  • Autel Robotics Co., Ltd.
  • PrecisionHawk, Inc. (Field Group AS)
  • Terra Drone Corporation (Terra Motors Corporation)

Market Report Segmentation

By Product
  • Rotary Blade
  • Fixed-wing
  • Hybrid
By End-use
  • Media & Entertainment
  • Security & Law Enforcement
  • Agriculture
  • Energy
  • Real Estate & Construction
  • Other End-use
By Application
  • Filming & Photography
  • Mapping & Surveying
  • Surveillance & Monitoring
  • Inspection & Maintenance
  • Precision Agriculture
  • Other Application
By Country
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Commercial Drones Market, by Product
1.4.2 LAMEA Commercial Drones Market, by End-use
1.4.3 LAMEA Commercial Drones Market, by Application
1.4.4 LAMEA Commercial Drones Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Strategies Deployed in Commercial Drones Market
4.1 Porter Five Forces Analysis
Chapter 5. LAMEA Commercial Drones Market by Product
5.1 LAMEA Rotary Blade Market by Country
5.2 LAMEA Fixed-wing Market by Country
5.3 LAMEA Hybrid Market by Country
Chapter 6. LAMEA Commercial Drones Market by End-use
6.1 LAMEA Media & Entertainment Market by Country
6.2 LAMEA Security & Law Enforcement Market by Country
6.3 LAMEA Agriculture Market by Country
6.4 LAMEA Energy Market by Country
6.5 LAMEA Real Estate & Construction Market by Country
6.6 LAMEA Other End-use Market by Country
Chapter 7. LAMEA Commercial Drones Market by Application
7.1 LAMEA Filming & Photography Market by Country
7.2 LAMEA Mapping & Surveying Market by Country
7.3 LAMEA Surveillance & Monitoring Market by Country
7.4 LAMEA Inspection & Maintenance Market by Country
7.5 LAMEA Precision Agriculture Market by Country
7.6 LAMEA Other Application Market by Country
Chapter 8. LAMEA Commercial Drones Market by Country
8.1 Brazil Commercial Drones Market
8.1.1 Brazil Commercial Drones Market by Product
8.1.2 Brazil Commercial Drones Market by End-use
8.1.3 Brazil Commercial Drones Market by Application
8.2 Argentina Commercial Drones Market
8.2.1 Argentina Commercial Drones Market by Product
8.2.2 Argentina Commercial Drones Market by End-use
8.2.3 Argentina Commercial Drones Market by Application
8.3 UAE Commercial Drones Market
8.3.1 UAE Commercial Drones Market by Product
8.3.2 UAE Commercial Drones Market by End-use
8.3.3 UAE Commercial Drones Market by Application
8.4 Saudi Arabia Commercial Drones Market
8.4.1 Saudi Arabia Commercial Drones Market by Product
8.4.2 Saudi Arabia Commercial Drones Market by End-use
8.4.3 Saudi Arabia Commercial Drones Market by Application
8.5 South Africa Commercial Drones Market
8.5.1 South Africa Commercial Drones Market by Product
8.5.2 South Africa Commercial Drones Market by End-use
8.5.3 South Africa Commercial Drones Market by Application
8.6 Nigeria Commercial Drones Market
8.6.1 Nigeria Commercial Drones Market by Product
8.6.2 Nigeria Commercial Drones Market by End-use
8.6.3 Nigeria Commercial Drones Market by Application
8.7 Rest of LAMEA Commercial Drones Market
8.7.1 Rest of LAMEA Commercial Drones Market by Product
8.7.2 Rest of LAMEA Commercial Drones Market by End-use
8.7.3 Rest of LAMEA Commercial Drones Market by Application
Chapter 9. Company Profiles
9.1 AeroVironment, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent Strategies and Developments
9.1.5.1 Product Launches and Product Expansions
9.1.5.2 Acquisition and Mergers
9.1.6 SWOT Analysis
9.2 Intel Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent Strategies and Developments
9.2.5.1 Partnerships, Collaborations, and Agreements
9.2.5.2 Product Launches and Product Expansions
9.2.6 SWOT Analysis
9.3 SZ DJI Technology Co., Ltd.
9.3.1 Company Overview
9.3.2 Recent Strategies and Developments
9.3.2.1 Partnerships, Collaborations, and Agreements
9.4 EHang Holdings Limited
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Research & Development Expenses
9.5 Aeronavics Ltd.
9.5.1 Company Overview
9.6 Parrot Drones SAS
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.7 Draganfly, Inc.
9.7.1 Company Overview
9.8 Autel Robotics Co., Ltd.
9.8.1 Company Overview
9.9 PrecisionHawk, Inc. (Field Group AS)
9.9.1 Company Overview
9.9.2 SWOT Analysis
9.10. Terra Drone Corporation (Terra Motors Corporation)
9.10.1 Company Overview

Companies Mentioned

  • AeroVironment, Inc.
  • Intel Corporation
  • SZ DJI Technology Co., Ltd.
  • EHang Holdings Limited
  • Aeronavics Ltd.
  • Parrot Drones SAS
  • Draganfly Inc.
  • Autel Robotics Co., Ltd.
  • PrecisionHawk, Inc. (Field Group AS)
  • Terra Drone Corporation (Terra Motors Corporation)

Methodology

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