Latin America Aerial Imaging Market Size & Outlook
The aerial imaging market in Latin America is expected to reach a projected revenue of US$ 395.7 million by 2030. A compound annual growth rate of 17.5% is expected of Latin America aerial imaging market from 2024 to 2030.
Revenue, 2023 (US$M)
$127.9
Forecast, 2030 (US$M)
$395.7
CAGR, 2024 - 2030
17.5%
Report Coverage
Latin America
Latin America aerial imaging market, 2018-2030 (US$M)
Latin America aerial imaging market highlights
- The Latin America aerial imaging market generated a revenue of USD 127.9 million in 2023.
- The market is expected to grow at a CAGR of 17.5% from 2024 to 2030.
- In terms of segment, fixed wing aircraft was the largest revenue generating platform in 2023.
- Fixed Wing Aircraft is the most lucrative platform segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 127.9 million |
| Market revenue in 2030 | USD 395.7 million |
| Growth rate | 17.5% (CAGR from 2023 to 2030) |
| Largest segment | Fixed wing aircraft |
| Fastest growing segment | Fixed Wing Aircraft |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Wing Aircraft |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.2% of the global aerial imaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 438.7 million by 2030.
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Aerial Imaging Market Scope
Aerial imaging market segmentation & scope
Application
Geospatial Mapping
Disaster Management
Energy and Resource Management
Surveillance and Monitoring
Urban Planning
Others
End Use
Government
Military and Defense
Energy
Agriculture and Forestry
Civil Engineering
Media and Entertainment
Commercial
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Japan
China
India
Australia
South Korea
Brazil
South Africa
Saudi Arabia
UAE
Aerial Imaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America aerial imaging market
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