The 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 because of marquee events like FIFA World Cup in 2014 and Rio Olympics 2016 which will require lot of surveillance. Other countries in the region also have growing demands for Small UAVs.
The Latin America market will witness high growth over the period of 2014-2020. 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.
Commercialising 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.
The Latin America Small UAV Market report has been segmented on the basis of product type: Light Fixed-Wing Small UAV, Heavy Fixed-Wing Small UAV, Multi-Rotor VTOL Small UAV, Single-Rotor VTOL Small UAV, Nano UAV and others. They are further classified on the Propulsion Systems used i.e. Hydrogen Cell Propulsion System, Hybrid Propulsion System, Solar Propulsion System, Lithium-Ion Battery Propulsion System. The report discuss small UAV application in different industry such as Defence, Transport/Logistics, Media and Entertainment, Retail, Manufacturing among others.
The report also discusses the key factors that will impact the industry and profiles leading suppliers of UAV; like that of hales SA, Boeing Corporation, Lockheed Martin and Airbus Group among others.
What the Report Offers:
1.Report gives complete market insights, the driving forces of the market, the challenges it faces, different type of small UAVs and their applications
2.Market Segmentation and forecasts have been done for different types of small UAV products and their end user industry applications
3.A complete market breakdown has been done by different geographies along with country level segmentation to give a detailed picture of the market in that particular region
4.The report also gives information of major vendors of small UAVs, their existing share in the market, strategies they adopt along with the major products, financials, recent developments and profile of these vendors.