+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

South American Commercial Unmanned Aerial Systems (UAS) Growth Opportunities

  • Report
  • 40 Pages
  • November 2022
  • Frost & Sullivan
  • ID: 5709757

Increasing Commodity Prices Encourage Competitive Intensity for Commercial Drone Services in the Region

This study analyzes the current position of South America in the global commercial unmanned aerial system (UAS) market and examines how current international events will shape its development in the upcoming years. Relevant growth opportunities have been highlighted to show which market segments will experience the highest growth rate in the region in the next 5 years.

Most commercial drone platforms in this market are used by the agricultural and mining sectors, with differing grades of adoption across the region. Drone delivery applications are gradually witnessing increasing adoption and have the potential to take off in mountainous countries in the near future due to the lack of infrastructure for conventional vehicles and inactive aerospace, enabling the widespread use of commercial drone platforms.

The main trend defining this space is the boom of the commodity market. Geopolitical conflict in Europe has driven businesses to seek new sources of primary resources such as metal and agricultural goods and has pushed prices up worldwide. To meet this new demand, producers across South America are adopting drone technology to improve workflows and productivity. However, the introduction of drone technology depends heavily on trade policy. South American countries following open trade policies, such as Chile, Colombia, and Peru, will witness faster adoption rates, whereas countries with protectionist policies, such as Argentina and Brazil, will see slower adoption rates due to the high tariffs associated with the import of drone platforms. The widespread introduction of drone technology is also limited by a lack of qualified operators, with few training options available in the region.

Table of Contents

1. Strategic Imperatives

  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8
  • The Impact of the Top 3 Strategic Imperatives on the South American Commercial Unmanned Aerial System (UAS) Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

  • Research Scope
  • Overview/Trends/Challenges - South American Commercial UAS Growth Opportunities
  • Segmentation
  • Percent Revenue by Segment
  • Revenue Forecast by Segment
  • Forecast Analysis
  • Economic Trends in the Region
  • Commercial Drone Technology Adoption in South America by Country
  • Market Share of Manufacturers of Drone Platforms for Agricultural Use in Brazil
  • Main Foreign Drone Manufacturers Participating in the South American Market
  • Main Local Drone Service Providers Participating in the South American Market
  • South American Commercial UAS Growth Opportunities, 2020-2022
  • Existing and Potential Commercial UAS Applications in South America’s Largest Economies
  • Regulations for Commercial UAS Use in South America by Country
  • Growth Drivers
  • Growth Restraints
  • United Nation’s SDGs and the South American Commercial UAS Market

3. Key Conclusion

4. Growth Opportunity Universe

  • Growth Opportunity 1: Last-mile Deliveries
  • Growth Opportunity 2: Precision Agriculture
  • Growth Opportunity 3: Energy Infrastructure Inspection
  • Growth Opportunity 4: Commercial Drone Platforms for Mining Applications in South America
  • List of Exhibits
  • Legal Disclaimer