Latin America Drone Sensor Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$69.0

Forecast, 2030 (US$M)

$138.9

CAGR, 2024 - 2030

10.5%

Report Coverage

Latin America

Latin America drone sensor market, 2018-2030 (US$M)

Related Markets

Global Drone Sensor Industry Outlook

North America Drone Sensor Market Outlook

Europe Drone Sensor Market Outlook

Asia Pacific Drone Sensor Market Outlook

MEA Drone Sensor Market Outlook

Latin America drone sensor market highlights

The Latin America drone sensor market generated a revenue of USD 69.0 million in 2023.
The market is expected to grow at a CAGR of 10.5% from 2024 to 2030.
In terms of segment, inertial sensor was the largest revenue generating sesnor type in 2023.
Inertial Sensor is the most lucrative sesnor type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 69.0 million
Market revenue in 2030	USD 138.9 million
Growth rate	10.5% (CAGR from 2023 to 2030)
Largest segment	Inertial sensor
Fastest growing segment	Inertial Sensor
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Inertial Sensor
Key market players worldwide	Ams-OSRAM AG, Bosch Sensortec, InvenSense, KVH, Industries, LeddarTech, RTX Corp, Sentera, Sony Semiconductor, Sparton, TE Connectivity Ltd, Teledyne FLIR, Trimble Inc

Other key industry trends

In terms of revenue, Latin America region accounted for 4.9% of the global drone sensor 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 804.0 million by 2030.

Key Regions: Brazil , U.S. , UK , Japan , UAE

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Drone Sensor Market Scope

Drone sensor market segmentation & scope

Sesnor Type

Inertial Sensor

Image Sensor

Position Sensor

Current Sensor

Others ( Light Sensor, Pressure Sensor, Speed and Distance Sensor)

Platform Type

VTOL

Fixed-Wing

Hybrid

Application

Navigation

Data Acquisition

Motion Detection

Air Pressure Measurement

Others

Technology

Remotely Operated

Semi-autonomous

Fully Autonomous

End User

Consumer

Prosumer

Toy/Hobbyist

Photogrammetry

Commercial

Inspection/ Maintenance

Mapping & Surveying

Photography/ Filming

Surveillance & Monitoring

Localization/ Detection

Spraying/ Seeding

Others

Military

Intelligence, Surveillance, Target Acquisition, and Reconnaissance (ISTAR)

Communication

Combat Operations

Military Cargo Transport

Precision Strikes

Others

Government & Law Enforcement

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

Germany

France

Italy

Japan

China

India

Australia

South Korea

Brazil

South Africa

Saudi Arabia

UAE

Drone Sensor Market Companies

Name	Profile	# Employees	HQ	Website

Latin America drone sensor 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 drone sensor market will help companies and investors design strategic landscapes.

Inertial sensor was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America drone sensor market based on inertial sensor covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Latin America drone sensor market databook

Our clientele includes a mix of drone sensor 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 continent-level data and insights on the Latin America drone sensor market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America drone sensor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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