Latin America Lidar Market Size & Outlook, 2024-2030

The lidar market in Latin America is expected to reach a projected revenue of US$ 183.5 million by 2030. A compound annual growth rate of 8.2% is expected of Latin America lidar market from 2025 to 2030.
Revenue, 2024 (US$M)
$114.6
Forecast, 2030 (US$M)
$183.5
CAGR, 2025 - 2030
8.2%
Report Coverage
Latin America

Latin America lidar market highlights

  • The Latin America lidar market generated a revenue of USD 107.1 million in 2023.
  • The market is expected to grow at a CAGR of 8% from 2024 to 2030.
  • In terms of segment, airborne was the largest revenue generating product in 2023.
  • Airborne is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 107.1 million
Market revenue in 2030USD 183.5 million
Growth rate8% (CAGR from 2023 to 2030)
Largest segmentAirborne
Fastest growing segmentAirborne
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAirborne, Terrestrial, Mobile & UAV
Key market players worldwideFaro Technologies Inc, Hexagon AB ADR, Teledyne Technologies Inc, Trimble Inc, SICK, Inc, RIEGL USA, Quantum Spatial, Velodyne Lidar, YellowScan, GeoDigital

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.2% of the global lidar 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 2,126.5 million by 2030.

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LiDAR Market Scope

Lidar market segmentation & scope
Airborne
Terrestrial
Mobile & UAV
Corridor Mapping
Engineering
Environment
Exploration
ADAS
Others
GPS
Navigation (IMU)
Laser Scanners
Others
Countries
UK
Australia
South Korea
UAE
South Africa

LiDAR Market Companies

Name Profile # Employees HQ Website

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


Airborne was the largest segment with a revenue share of 34.73% in 2024. Horizon Databook has segmented the Latin America lidar market based on airborne, terrestrial, mobile & uav covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America LiDAR Product Outlook (Revenue, USD Million, 2018-2030)
    • Airborne
    • Terrestrial
    • Mobile & UAV
  • Latin America LiDAR Application Outlook (Revenue, USD Million, 2018-2030)
    • Corridor Mapping
    • Engineering
    • Environment
    • Exploration
    • ADAS
    • Others
  • Latin America LiDAR Component Outlook (Revenue, USD Million, 2018-2030)
    • GPS
    • Navigation (IMU)
    • Laser Scanners
    • Others

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  • Our clientele includes a mix of lidar market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America lidar market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America lidar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America lidar market size, by country, 2018-2030 (US$M)

Latin America LiDAR Market Outlook Share, 2024 & 2030 (US$M)

Latin America lidar market size, by country, 2018-2030 (US$M)

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