Brazil Consumer Drone Market Size & Outlook, 2023-2030
Brazil consumer drone market, 2018-2030 (US$M)
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Brazil consumer drone market highlights
- The Brazil consumer drone market generated a revenue of USD 63.8 million in 2023 and is expected to reach USD 160.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, multi-rotor was the largest revenue generating product in 2023.
- Others (Fixed-wing, hybrid) is the most lucrative product segment registering the fastest growth during the forecast period.
Consumer drone market data book summary
| Market revenue in 2023 | USD 63.8 million |
| Market revenue in 2030 | USD 160.3 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Multi-rotor |
| Fastest growing segment | Others (Fixed-wing, hybrid) |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Multi-rotor, Nano, Others (Fixed-wing, hybrid) |
| Key market players worldwide | Guangdong Cheerson Hobby Technology, Horizon Hobby, Parrot SA, Kitty Hawk, DJI, Makerfire, Syma, WALKERA, Yuneec, Skytech, Jianjian, Hubsan |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.3% of the global consumer drone market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil consumer drone market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 160.3 million by 2030.
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Consumer Drone Market Scope
Consumer Drone Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil consumer drone market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to consumer drone market will help companies and investors design strategic landscapes.
Multi-rotor was the largest segment with a revenue share of 66.77% in 2023. Horizon Databook has segmented the Brazil consumer drone market based on multi-rotor, nano, others (fixed-wing, hybrid) covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is expected to be an significant region in the consumer drone market. The region is a hub to new startup drone companies who are taking advantage of the country’s beneficial manufacturing and operational laws.
Moreover, users create a demand for consumer drones in Brazil as a license is not required to fly a drone below 250 grams weight. Additionally, the trend of toy/hobbyist drone users in the region is expected to further the growth of the market.
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Our clientele includes a mix of consumer drone market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil consumer drone market , including forecasts for subscribers. This country databook contains high-level insights into Brazil consumer drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil consumer drone market size, by product, 2018-2030 (US$M)
Brazil Consumer Drone Market Outlook Share, 2023 & 2030 (US$M)
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