South America Drone Battery Market Forecast to 2028 -Regional Analysis by Drone Type (Mini Quad and Micro Quad), Battery Type (NiCad, NiMH, and LiPo), Battery Capacity (Below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, and Above 10,000 mAh), and Industry (Agriculture & Forestry, Infrastructure Inspection, Utilities, Construction, Mining, and Others)
Market Report I 2023-06-09 I 105 Pages I The Insight Partners
The South America drone battery market was valued at US$ 63.18 million in 2022 and is projected to reach US$ 133.56 million by 2028; it is expected to grow at a CAGR of 13.3% from 2022 to 2028.
Introduction of Smart Batteries is Driving the South America Drone Battery Market
Industry players are engaged in introducing various technologies to ease workflow and boost productivity. The growing population worldwide is remarkably impacting the demand for the solutions from construction, agriculture, mining, and many other industries. To cater to this enormously increasing demand, industry players are engaged in using drones to save time and cost to generate more productivity in less time. For more efficient working, the inclusion of smart batteries in drones can help boost the market. Intelligent battery systems (IBS) can help improve the reliability, safety, and efficiency of drones. IBS provides accurate and robust information about the state of the battery, and it can control the current flow. It can perform advanced functions such as energy balancing strategies and fault diagnostics for better energy storage systems. This technology helps monitor battery health, track cycle counts, and record the discharge profiles. It also helps provide a longer flight time. It keeps a record of minimum and maximum voltage and current. With the increasing demand for drones, the need for more flight time with the same battery capacity is also increasing. Power management with the help of smart batteries increases the flight time of drones. Thus, the introduction of smart batteries with intelligent battery systems is expected to be a trend in the drone battery market.
South America Drone Battery Market Overview
Based on country, the South America drone battery market is segmented into Brazil, Argentina, and the Rest of South America. As drones offer various benefits, their demand is increasing tremendously in the South America market. Countries in South America, including Brazil, Argentina, and Chile, are major contributors to agricultural exports. Therefore, adopting technologies to keep this region's agricultural sector on the rise is crucial to boost the drone battery market growth. As drone technology helps optimize decision-making in the agriculture sector, it can be widely used to detect pests and insects and survey the field. Thus, the adoption of drones in agricultural activities is expected to provide a lucrative opportunity for the drone battery market. According to Volatus Aerospace Corp report in April 2022, the adoption of drones for applications such as construction, agriculture, and mapping projects is increasing. DJI, one of the major market players in the drone battery market, and it has stores across the region. Thus, the rising use of drones in various sectors such as agriculture and the strong presence of drone battery players are expected to contribute to the growth of the South America drone battery market during the forecast period.
Exhibit: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
South America Drone Battery Market Segmentation
The South America drone battery market is segmented into drone type, battery type, battery capacity, industry, and country.
Based on drone type, South America drone battery market is segmented into mini quad and micro quad. The mini quad segment held the largest market share in 2022.
Based on battery type, South America drone battery market is segmented into below NiCad, NiMH, and LiPo. The LiPo segment held the largest market share in 2022.
Based on battery capacity, South America drone battery market is segmented into below 3,000 mAh, 3,000-5,000 mAh, 5,000-10,000 mAh, above 10,000 mAh. The below 3000 mAh segment held the largest market share in 2022.
Based on Industry, South America drone battery market is segmented into agriculture and forestry, infrastructure inspection, utilities, construction, mining, others. The agriculture and forestry segment held the largest market share in 2022.
Based on country, the South America drone battery market is segmented into Brazil, Argentina, and the Rest of South America. Brazil dominated the market in 2022.
Amperex Technology Ltd; Autel Robotics Co Ltd; Shenzhen Grepow Battery Co Ltd; and SZ DJI Technology Co Ltd are the leading companies operating in the South America drone battery market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South America Drone Battery Market Landscape
4.1 Market Overview
4.2 South America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. South America Drone Battery -Market Dynamics
5.1 Market Drivers
5.1.1 Rise in Applications of Drones Across Different Industries
5.1.2 Limited Charging Capacity of Drone Batteries
5.2 Market Restraints
5.2.1 Introduction of Fuel Cell Technologies for Small Drone Applications
5.3 Market Opportunities
5.3.1 Growing Number of Drone Start-Ups
5.4 Future Trends
5.4.1 Introduction of Smart Batteries
5.5 Impact Analysis of Drivers and Restraints
6. Drone Battery Market - South America Analysis
6.1 South America: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
7. South America Drone Battery Market Analysis - by Drone Type
7.1 Overview
7.2 South America Drone Battery Market, by Drone Type (2021 and 2028)
7.3 Mini Quad
7.3.1 Overview
7.3.2 Mini Quad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
7.4 Micro Quad
7.4.1 Overview
7.4.2 Micro Quad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8. South America drone battery Market Analysis - by Battery Type
8.1 Overview
8.2 South America Drone Battery Market, by Battery Type (2021 and 2028)
8.3 NiCad
8.3.1 Overview
8.3.2 NiCad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.4 NiMH
8.4.1 Overview
8.4.2 NiMH: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
8.5 LiPo
8.5.1 Overview
8.5.2 LiPo: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9. South America drone battery Market Analysis - by Battery Capacity
9.1 Overview
9.2 South America Drone Battery Market, by Battery Capacity (2021 and 2028)
9.3 Below 3,000 mAh
9.3.1 Overview
9.3.2 Below 3,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.4 3,000-5,000 mAh
9.4.1 Overview
9.4.2 3,000-5,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.5 5,000-10,000 mAh
9.5.1 Overview
9.5.2 5,000-10,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
9.6 Above 10,000 mAh
9.6.1 Overview
9.6.2 Above 10,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10. South America drone battery Market Analysis - by Industry
10.1 Overview
10.2 South America Drone Battery Market, by Industry (2021 and 2028)
10.3 Agriculture and Forestry
10.3.1 Overview
10.3.2 Agriculture and Forestry: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.4 Infrastructure Inspection
10.4.1 Overview
10.4.2 Infrastructure Inspection: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.5 Utilities
10.5.1 Overview
10.5.2 Utilities: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.6 Construction
10.6.1 Overview
10.6.2 Construction: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.7 Mining
10.7.1 Overview
10.7.2 Mining: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
10.8 Others
10.8.1 Overview
10.8.2 Others: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
11. South America Drone Battery Market - Country Analysis
11.1 Overview
11.1.1 South America: Drone Battery Market, by Key Country
11.1.1.1 Brazil: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Brazil: Drone Battery Market, by Drone Type
11.1.1.1.2 Brazil: Drone Battery Market, by Battery Type
11.1.1.1.3 Brazil: Drone Battery Market, by Battery Capacity
11.1.1.1.4 Brazil: Drone Battery Market, by Industry
11.1.1.2 Argentina: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Argentina: Drone Battery Market, by Drone Type
11.1.1.2.2 Argentina: Drone Battery Market, by Battery Type
11.1.1.2.3 Argentina: Drone Battery Market, by Battery Capacity
11.1.1.2.4 Argentina: Drone Battery Market, by Industry
11.1.1.3 Rest of SAM: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Rest of SAM: Drone Battery Market, by Drone Type
11.1.1.3.2 Rest of SAM: Drone Battery Market, by Battery Type
11.1.1.3.3 Rest of SAM: Drone Battery Market, by Battery Capacity
11.1.1.3.4 Rest of SAM: Drone Battery Market, by Industry
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Amperex Technology Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Autel Robotics Co Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Shenzhen Grepow Battery Co Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 SZ DJI Technology Co Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. South America Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil: Drone Battery Market, By Drone Type- Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil: Drone Battery Market, by Battery Type - Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil: Drone Battery Market, by Battery Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 5. Brazil: Drone Battery Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina: Drone Battery Market, By Drone Type- Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina: Drone Battery Market, by Battery Type - Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina: Drone Battery Market, by Battery Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 9. Argentina: Drone Battery Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of SAM: Drone Battery Market, By Drone Type- Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of SAM: Drone Battery Market, by Battery Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of SAM: Drone Battery Market, by Battery Capacity - Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of SAM: Drone Battery Market, by Industry - Revenue and Forecast to 2028 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. South America Drone Battery Market Segmentation
Figure 2. South America Drone Battery Market Segmentation - By Country
Figure 3. South America Drone Battery Market Overview
Figure 4. Mini Quad Contributed the Largest Market Share in 2021
Figure 5. Brazil to Show Great Traction During Forecast Period of 2022 to 2028
Figure 6. South America: PEST Analysis
Figure 7. South America Drone Battery Market- Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. South America Drone Battery Market Impact Analysis of Drivers and Restraints
Figure 10. South America: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. South America Drone Battery Market, by Drone Type (2021 and 2028)
Figure 12. Mini Quad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. Micro Quad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. South America Drone Battery Market, by Battery Type (2021 and 2028)
Figure 15. NiCad: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. NiMH: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. LiPo: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. South America Drone Battery Market, by Battery Capacity (2021 and 2028)
Figure 19. Below 3,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. 3,000-5,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. 5,000-10,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. Above 10,000 mAh: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. South America Drone Battery Market, by Industry (2021 and 2028)
Figure 24. Agriculture and Forestry: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 25. Infrastructure Inspection: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. Utilities: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. Construction: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. Mining: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. Others: South America Drone Battery Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. South America: Drone Battery Market, by Key Country - Revenue (2021) (US$ Million)
Figure 31. South America: Drone Battery Market Revenue Share, by Key Country (2021 & 2028)
Figure 32. Brazil: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Argentina: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of SAM: Drone Battery Market - Revenue and Forecast to 2028 (US$ Million)
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