Latin America Autonomous Aircraft Market Size & Outlook
The autonomous aircraft market in Latin America is expected to reach a projected revenue of US$ 397.0 million by 2030. A compound annual growth rate of 27.4% is expected of Latin America autonomous aircraft market from 2024 to 2030.
Revenue, 2023 (US$M)
$72.9
Forecast, 2030 (US$M)
$397.0
CAGR, 2024 - 2030
27.4%
Report Coverage
Latin America
Latin America autonomous aircraft market, 2018-2030 (US$M)
Latin America autonomous aircraft market highlights
- The Latin America autonomous aircraft market generated a revenue of USD 72.9 million in 2023.
- The market is expected to grow at a CAGR of 27.4% from 2024 to 2030.
- In terms of segment, increasingly autonomous was the largest revenue generating application in 2023.
- Increasingly Autonomous is the most lucrative application segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 72.9 million |
| Market revenue in 2030 | USD 397.0 million |
| Growth rate | 27.4% (CAGR from 2023 to 2030) |
| Largest segment | Increasingly autonomous |
| Fastest growing segment | Increasingly Autonomous |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Increasingly Autonomous |
| Key market players worldwide | AeroVironment Inc, Airbus SE, BAE Systems PLC, Elbit Systems Ltd, Lockheed Martin Corp, Northrop Grumman Corporation, RTX Corp, Saab AB ADR, Textron Inc, The Boeing Company |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global autonomous aircraft market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,543.3 million by 2030.
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Autonomous Aircraft Market Scope
Autonomous aircraft market segmentation & scope
End Use
Commercial Aircraft
Cargo Aircraft
Medical Services
Combat and ISR
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Brazil
Argentina
UAE
South Africa
Saudi Arabia
Kuwait
Autonomous Aircraft Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America autonomous aircraft market
Related regional statistics
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