PUBLISHER: KBV Research | PRODUCT CODE: 1642338
PUBLISHER: KBV Research | PRODUCT CODE: 1642338
LAMEA Commercial Drones Market Size, Share & Trends Analysis Report By Product (Rotary Blade, Fixed-wing, and Hybrid), By End-use, By Application, By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa Commercial Drones Market would 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 would continue to be a dominant market till 2031; thereby, achieving a market value of $1,611.1 million by 2031. The Argentina market is experiencing a CAGR of 18.6% during (2024 - 2031). Additionally, The UAE market would 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.
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 Other End-use. Based on Application, the market is segmented into Filming & Photography, Mapping & Surveying, Surveillance & Monitoring, Inspection & Maintenance, Precision Agriculture, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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)
LAMEA Commercial Drones 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
- 3.1.1 Overview
- 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
LIST OF TABLES
- TABLE 1 LAMEA Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 4 LAMEA Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 5 LAMEA Rotary Blade Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Rotary Blade Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Fixed-wing Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Fixed-wing Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Hybrid Market by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Hybrid Market by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 12 LAMEA Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 13 LAMEA Media & Entertainment Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Media & Entertainment Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Security & Law Enforcement Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Security & Law Enforcement Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Agriculture Market by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Agriculture Market by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Energy Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Energy Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Real Estate & Construction Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Real Estate & Construction Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA Other End-use Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA Other End-use Market by Country, 2024 - 2031, USD Million
- TABLE 25 LAMEA Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 26 LAMEA Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 27 LAMEA Filming & Photography Market by Country, 2020 - 2023, USD Million
- TABLE 28 LAMEA Filming & Photography Market by Country, 2024 - 2031, USD Million
- TABLE 29 LAMEA Mapping & Surveying Market by Country, 2020 - 2023, USD Million
- TABLE 30 LAMEA Mapping & Surveying Market by Country, 2024 - 2031, USD Million
- TABLE 31 LAMEA Surveillance & Monitoring Market by Country, 2020 - 2023, USD Million
- TABLE 32 LAMEA Surveillance & Monitoring Market by Country, 2024 - 2031, USD Million
- TABLE 33 LAMEA Inspection & Maintenance Market by Country, 2020 - 2023, USD Million
- TABLE 34 LAMEA Inspection & Maintenance Market by Country, 2024 - 2031, USD Million
- TABLE 35 LAMEA Precision Agriculture Market by Country, 2020 - 2023, USD Million
- TABLE 36 LAMEA Precision Agriculture Market by Country, 2024 - 2031, USD Million
- TABLE 37 LAMEA Other Application Market by Country, 2020 - 2023, USD Million
- TABLE 38 LAMEA Other Application Market by Country, 2024 - 2031, USD Million
- TABLE 39 LAMEA Commercial Drones Market by Country, 2020 - 2023, USD Million
- TABLE 40 LAMEA Commercial Drones Market by Country, 2024 - 2031, USD Million
- TABLE 41 Brazil Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 42 Brazil Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 43 Brazil Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 44 Brazil Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 45 Brazil Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 46 Brazil Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 47 Brazil Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 48 Brazil Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 49 Argentina Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 50 Argentina Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 51 Argentina Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 52 Argentina Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 53 Argentina Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 54 Argentina Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 55 Argentina Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 56 Argentina Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 57 UAE Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 58 UAE Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 59 UAE Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 60 UAE Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 61 UAE Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 62 UAE Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 63 UAE Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 64 UAE Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 65 Saudi Arabia Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 66 Saudi Arabia Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 67 Saudi Arabia Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 68 Saudi Arabia Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 69 Saudi Arabia Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 70 Saudi Arabia Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 71 Saudi Arabia Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 72 Saudi Arabia Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 73 South Africa Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 74 South Africa Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 75 South Africa Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 76 South Africa Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 77 South Africa Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 78 South Africa Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 79 South Africa Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 80 South Africa Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 81 Nigeria Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 82 Nigeria Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 83 Nigeria Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 84 Nigeria Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 85 Nigeria Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 86 Nigeria Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 87 Nigeria Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 88 Nigeria Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 89 Rest of LAMEA Commercial Drones Market, 2020 - 2023, USD Million
- TABLE 90 Rest of LAMEA Commercial Drones Market, 2024 - 2031, USD Million
- TABLE 91 Rest of LAMEA Commercial Drones Market by Product, 2020 - 2023, USD Million
- TABLE 92 Rest of LAMEA Commercial Drones Market by Product, 2024 - 2031, USD Million
- TABLE 93 Rest of LAMEA Commercial Drones Market by End-use, 2020 - 2023, USD Million
- TABLE 94 Rest of LAMEA Commercial Drones Market by End-use, 2024 - 2031, USD Million
- TABLE 95 Rest of LAMEA Commercial Drones Market by Application, 2020 - 2023, USD Million
- TABLE 96 Rest of LAMEA Commercial Drones Market by Application, 2024 - 2031, USD Million
- TABLE 97 Key Information - AeroVironment, Inc.
- TABLE 98 Key Information - Intel Corporation
- TABLE 99 Key Information - SZ DJI Technology Co., Ltd.
- TABLE 100 Key Information -EHang Holdings Limited
- TABLE 101 Key Information - Aeronavics Ltd.
- TABLE 102 Key Information - Parrot Drone SAS
- TABLE 103 Key Information - Draganfly, Inc.
- TABLE 104 Key Information - Autel Robotics Co., Ltd.
- TABLE 105 Key Information - PrecisionHawk, Inc.
- TABLE 106 Key Information - Terra Drone Corporation
