Latin America Delivery Drones Market Size & Outlook
Latin America delivery drones market, 2018-2030 (US$M)
Related Markets
Latin America delivery drones market highlights
- The Latin America delivery drones market generated a revenue of USD 28.0 million in 2023.
- The market is expected to grow at a CAGR of 42.6% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 28.0 million |
| Market revenue in 2030 | USD 335.3 million |
| Growth rate | 42.6% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | Airbus SE, Amazon.com Inc, Boeing Co, DHL Group, Drone Delivery Canada Corp Variable Voting, Flytrex, Zipline, United Parcel Service Inc Class B, FedEx Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.2% of the global delivery drones market in 2023.
- Globally, Asia Pacific 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 3,583.7 million by 2030.
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Delivery Drones Market Scope
Delivery Drones Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America delivery drones 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 delivery drones market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 60% in 2023. Horizon Databook has segmented the Latin America delivery drones market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Delivery Drones Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Latin America Delivery Drones Drone Type Outlook (Revenue, USD Million, 2018-2030)
- Multi-rotor wing
- Fixed wing
- Hybrid wing
- Latin America Delivery Drones Range Outlook (Revenue, USD Million, 2018-2030)
- Less than or equal to 25 Km
- More than 25 Km
- Latin America Delivery Drones Payload Outlook (Revenue, USD Million, 2018-2030)
- Less than 2 Kg
- 2 Kg to 5 Kg
- More than 5 Kg
- Latin America Delivery Drones Duration Outlook (Revenue, USD Million, 2018-2030)
- Less than 30 minutes
- More than 30 minutes
- Latin America Delivery Drones Operation Mode Outlook (Revenue, USD Million, 2018-2030)
- Remotely Piloted
- Partially Autonomous
- Fully Autonomous
- Latin America Delivery Drones Application Outlook (Revenue, USD Million, 2018-2030)
- Retail & E-Commerce
- Healthcare
- Logistics & Transportation
- Food & Beverages
- Military & Defense
- Agriculture
- Others
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Target buyers of Latin America delivery drones market databook
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Our clientele includes a mix of delivery drones market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America delivery drones market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America delivery drones market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America delivery drones market size, by country, 2018-2030 (US$M)
Latin America Delivery Drones Market Outlook Share, 2023 & 2030 (US$M)
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