The Latin America, Middle East and Africa Commercial Drones Market should witness market growth of 41.4% CAGR during the forecast period (2022-2028).
The use of autonomous drones or UAVs for crop management is becoming more and more accepted in the agricultural sector. This involves eyeing crops, spotting pests, sowing seeds, managing animals, and even applying pesticides and fertilizers. Farmers are using drone technology for a variety of reasons. They may first observe crops from above rather than needing to go to the fields on foot or by vehicle. Since they don't have to drive across vast stretches of land, it also saves them time and money on gasoline.
It alsoenablesfarmers to make better field management choices based on precise data, whichincreases production. Changes in the light reflected by plants may be captured by drones utilizing multi-spectral payloads. Even though these changes aren't apparent to the unaided eye, crop health problems may be signaled by plants' reflected light long before humans can see them. Compared to farmers who may depend on the more conventional techniques of examining crops, drones outfitted with multi-spectral payloads can treat crop stress concerns more proactively.
The UAEis testing a unique technology that utilizes electricity to zap clouds to create rain because the country is dry and parched 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 thatthe 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 LAMEA's commercial drone market demand.
The Brazil market dominated the LAMEA Commercial Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,354.7 Million by 2028. The Argentina market is experiencing a CAGR of 42.2% during (2022-2028). Additionally, The UAE market would display a CAGR of 41% during (2022-2028).
Based on Product, the market is segmented into Rotary Blade, Fixed-wing and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction and Others. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., PrecisionHawk, Inc., Autel Robotics Co., Ltd., Draganfly Inc., Intel Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Aeronavics Ltd., Parrot Drones SAS, and EHang Holdings Limited.
The use of autonomous drones or UAVs for crop management is becoming more and more accepted in the agricultural sector. This involves eyeing crops, spotting pests, sowing seeds, managing animals, and even applying pesticides and fertilizers. Farmers are using drone technology for a variety of reasons. They may first observe crops from above rather than needing to go to the fields on foot or by vehicle. Since they don't have to drive across vast stretches of land, it also saves them time and money on gasoline.
It alsoenablesfarmers to make better field management choices based on precise data, whichincreases production. Changes in the light reflected by plants may be captured by drones utilizing multi-spectral payloads. Even though these changes aren't apparent to the unaided eye, crop health problems may be signaled by plants' reflected light long before humans can see them. Compared to farmers who may depend on the more conventional techniques of examining crops, drones outfitted with multi-spectral payloads can treat crop stress concerns more proactively.
The UAEis testing a unique technology that utilizes electricity to zap clouds to create rain because the country is dry and parched 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 thatthe 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 LAMEA's commercial drone market demand.
The Brazil market dominated the LAMEA Commercial Drone Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,354.7 Million by 2028. The Argentina market is experiencing a CAGR of 42.2% during (2022-2028). Additionally, The UAE market would display a CAGR of 41% during (2022-2028).
Based on Product, the market is segmented into Rotary Blade, Fixed-wing and Hybrid. Based on End-use, the market is segmented into Media & Entertainment, Security & Law Enforcement, Agriculture, Energy, Real Estate & Construction and Others. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AeroVironment, Inc., SZ DJI Technology Co., Ltd., PrecisionHawk, Inc., Autel Robotics Co., Ltd., Draganfly Inc., Intel Corporation, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Aeronavics Ltd., Parrot Drones SAS, and EHang Holdings Limited.
Scope of the Study
By Product
- Rotary Blade
- Fixed-wing
- Hybrid
By End-use
- Media & Entertainment
- Security & Law Enforcement
- Agriculture
- Energy
- Real Estate & Construction
- Others
By Application
- Filming & Photography
- Mapping & Surveying
- Surveillance & Monitoring
- Inspection & Maintenance
- Precision Agriculture
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AeroVironment, Inc.
- SZ DJI Technology Co., Ltd.
- PrecisionHawk, Inc.
- Autel Robotics Co., Ltd.
- Draganfly Inc.
- Intel Corporation
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Aeronavics Ltd.
- Parrot Drones SAS
- EHang Holdings Limited
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Commercial Drone Market, by Product
1.4.2 LAMEA Commercial Drone Market, by End-use
1.4.3 LAMEA Commercial Drone Market, by Application
1.4.4 LAMEA Commercial Drone Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Commercial Drones Market
Chapter 4. LAMEA Commercial Drone Market by Product
4.1 LAMEA Rotary Blade Market by Country
4.2 LAMEA Fixed-wing Market by Country
4.3 LAMEA Hybrid Market by Country
Chapter 5. LAMEA Commercial Drone Market by End-use
5.1 LAMEA Media & Entertainment Market by Country
5.2 LAMEA Security & Law Enforcement Market by Country
5.3 LAMEA Agriculture Market by Country
5.4 LAMEA Energy Market by Country
5.5 LAMEA Real Estate & Construction Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Commercial Drone Market by Application
6.1 LAMEA Filming & Photography Market by Country
6.2 LAMEA Mapping & Surveying Market by Country
6.3 LAMEA Surveillance & Monitoring Market by Country
6.4 LAMEA Inspection & Maintenance Market by Country
6.5 LAMEA Precision Agriculture Market by Country
6.6 LAMEA Others Market by Country
Chapter 7. LAMEA Commercial Drone Market by Country
7.1 Brazil Commercial Drone Market
7.1.1 Brazil Commercial Drone Market by Product
7.1.2 Brazil Commercial Drone Market by End-use
7.1.3 Brazil Commercial Drone Market by Application
7.2 Argentina Commercial Drone Market
7.2.1 Argentina Commercial Drone Market by Product
7.2.2 Argentina Commercial Drone Market by End-use
7.2.3 Argentina Commercial Drone Market by Application
7.3 UAE Commercial Drone Market
7.3.1 UAE Commercial Drone Market by Product
7.3.2 UAE Commercial Drone Market by End-use
7.3.3 UAE Commercial Drone Market by Application
7.4 Saudi Arabia Commercial Drone Market
7.4.1 Saudi Arabia Commercial Drone Market by Product
7.4.2 Saudi Arabia Commercial Drone Market by End-use
7.4.3 Saudi Arabia Commercial Drone Market by Application
7.5 South Africa Commercial Drone Market
7.5.1 South Africa Commercial Drone Market by Product
7.5.2 South Africa Commercial Drone Market by End-use
7.5.3 South Africa Commercial Drone Market by Application
7.6 Nigeria Commercial Drone Market
7.6.1 Nigeria Commercial Drone Market by Product
7.6.2 Nigeria Commercial Drone Market by End-use
7.6.3 Nigeria Commercial Drone Market by Application
7.7 Rest of LAMEA Commercial Drone Market
7.7.1 Rest of LAMEA Commercial Drone Market by Product
7.7.2 Rest of LAMEA Commercial Drone Market by End-use
7.7.3 Rest of LAMEA Commercial Drone Market by Application
Chapter 8. Company Profiles
8.1 Teledyne FLIR LLC (Teledyne Technologies Incorporated)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 SWOT Analysis
8.2 Intel Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 AeroVironment, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Acquisition and Mergers:
8.4 Draganfly, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 EHang Holdings Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.6 Parrot Drone SAS
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.7 SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.8 PrecisionHawk, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Acquisition and Mergers:
8.9 Autel Robotics Co., Ltd.
8.9.1 Company Overview
8.10. Aeronavics Ltd.
8.10.1 Company Overview
Companies Mentioned
- AeroVironment, Inc.
- SZ DJI Technology Co., Ltd.
- PrecisionHawk, Inc.
- Autel Robotics Co., Ltd.
- Draganfly Inc.
- Intel Corporation
- Teledyne FLIR LLC (Teledyne Technologies Incorporated)
- Aeronavics Ltd.
- Parrot Drones SAS
- EHang Holdings Limited
Methodology
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