latin-america-small-uav-market-industry
Published

MAY 2018

South America Small UAV Market - Segmented by Type, by Propulsion System, and by Geography – Growth, Trends, and Forecast (2018 - 2023)

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The South America Small UAV market is a growing one and the demand is more for non-military uses. Ranging from border control to anti-piracy operations to fighting organized crime and drug cartels, various countries in the region use the Small UAV for varied reasons. One of the main uses of the Small UAV has been gathering intelligence, doing surveillance and reconnaissance missions in fighting drug cartels and against guerrillas. It is being used for guarding natural resources and stopping human trafficking also. In the few years, Brazil is estimated to be the biggest market. The Latin America market will witness high growth over the forecast period. However, the market growth of small UAVs will be defined on how the countries define policies which reduce the market barriers and ease the way for the commercial drone industry to operate at varying degrees of autonomy.

Commercialization of UAVs will help society in many ways, however, they are also a potential threat to an individual’s liberty and autonomy. In addition, they also carry a huge risk of crashes, around 400 large U.S. military drones have crashed since 2001 and more than 450 of the British Black Hornets (Nano Drone, used by British infantrymen in Afghanistan) since their inception. Though, small commercial drones aren’t capable of causing the disaster these drones may cause, they still have the capability to cause serious injuries under certain conditions.

                                                                 Nano Drone Market Share in %, Global, by Application, 2016 & 2023

                                                 

                                                   Source: Statista/Mordor Intelligence Analysis

Increased Demand for UAV from ISR

The significant growth in the demand for SUAV has led to an increase in the innovation of sophisticated, persistent surveillance sensors. The ability of the UAVs to aid ISR missions, aerial surveillance, and tactical operations drives its augmented adoption. The changing global security environment has led to the provision of a significant boost to intelligence, survey, and reconnaissance (ISR). Further developments, like command controls in the UAVs, have increased their demand for ISR missions. Furthermore, UAVs are much cheaper than modern aircraft and help eliminate the risk of losing a pilot. It has been acknowledged that the military operations carried out in Afghanistan and Iraq were successful due to the ISR contributions made by UAVs.  The military drones represent the future of national security for every country. The increasing technological sophistication and lower costs have led to dramatic market shifts.

Key Developments:

October, 2017: Agribotix, The Climate Corp. Expand Drone Precision Ag in Brazil

Key Industry Players: Thales SA, BAE Systems, Boeing, Lockheed Martin Corporation, Israel Aerospace Industries (IAI), amongst others.

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