| Label | Fixed-Wing | Rotory-Wing |
|---|---|---|
| 2018 | 99 USD Mn | 562.3 USD Mn |
| 2019 | 117.8 USD Mn | 633.9 USD Mn |
| 2020 | 115.3 USD Mn | 588 USD Mn |
| 2021 | 138.6 USD Mn | 672.4 USD Mn |
| 2022 | 165.9 USD Mn | 767.5 USD Mn |
| 2023 | 193.6 USD Mn | 855.2 USD Mn |
| 2024 | 221.3 USD Mn | 935.6 USD Mn |
| 2025 | 252.1 USD Mn | 1020.8 USD Mn |
| 2026 | 290.5 USD Mn | 1128.8 USD Mn |
| 2027 | 326 USD Mn | 1217.2 USD Mn |
| 2028 | 374.8 USD Mn | 1345.9 USD Mn |
| 2029 | 411.3 USD Mn | 1422.6 USD Mn |
| 2030 | 458 USD Mn | 1527.4 USD Mn |
Data Source: Wantstats Repository
Unmanned Aerial Vehicles (UAVs) or drones have been gaining significant traction in South America in recent years. They have become an integral part of various industries such as agriculture, mining, defense, and infrastructure, to name a few. As a result, the demand for UAVs in South America has been on the rise, with a diverse range of types and applications. One of the major factors driving the demand for UAVs in South America is the need for efficient and cost-effective solutions in various industries. Agricultural drones, for instance, have been widely adopted by farmers as they offer precise and timely data for crop monitoring, pesticide spraying, and yield estimation. Moreover, with the increasing demand for organic produce, the use of UAVs for spraying fertilizers and nutrients has also increased, leading to a higher demand for agriculture drones in South America. Similarly, the defense sector in South America has also embraced the use of UAVs, primarily for surveillance and reconnaissance purposes. The rugged and dynamic terrain of South America, coupled with various security challenges, has made drones a crucial tool for defense and border surveillance.
Additionally, the growing need for counter-terrorism and anti-smuggling operations has further stimulated the demand for UAVs in the defense sector. Besides, the construction and infrastructure sector in South America have also started utilizing drones for efficient and accurate surveying and mapping. With rapid urbanization and increasing infrastructure projects, the demand for construction drones has witnessed a steady growth in the region. These drones provide a cost-effective and time-saving alternative to traditional methods, making them highly desirable for construction companies. Moreover, the entertainment industry in South America has also contributed to the demand for UAVs. The use of drones has enabled filmmakers and production houses to capture breathtaking aerial footage, resulting in visually stunning films and videos. With the increasing demand for quality content, the use of drones in the entertainment industry is expected to witness significant growth in the coming years. In conclusion, the South America UAV market is witnessing a surge in demand, driven by the diverse applications and benefits of drones. From agriculture to defense, construction, and entertainment, the use of UAVs has been growing rapidly, and this trend is expected to continue in the future.
With advancements in technology and an increasing number of players entering the market, the South America UAV market is bound to witness significant growth and development.
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.
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Account and Business Manager, EFS-Holland BV
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We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
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South America UAV Market, By Type, 2018-2030
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