Latin America Lidar Services Market Size & Outlook

The lidar services market in Latin America is expected to reach a projected revenue of US$ 491.5 million by 2030. A compound annual growth rate of 23.7% is expected of Latin America lidar services market from 2024 to 2030.
Revenue, 2023 (US$M)
$110.7
Forecast, 2030 (US$M)
$491.5
CAGR, 2024 - 2030
23.7%
Report Coverage
Latin America

Latin America lidar services market highlights

  • The Latin America lidar services market generated a revenue of USD 110.7 million in 2023.
  • The market is expected to grow at a CAGR of 23.7% from 2024 to 2030.
  • In terms of segment, gis service was the largest revenue generating service type in 2023.
  • Ground-Based Surveying is the most lucrative service type segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 110.7 million
Market revenue in 2030USD 491.5 million
Growth rate23.7% (CAGR from 2023 to 2030)
Largest segmentGis service
Fastest growing segmentGround-Based Surveying
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationGIS Service, Asset Management, Aerial Surveying, Ground-Based Surveying, Mapping, Modelling
Key market players worldwideFugro NV, L3Harris Technologies Inc, Hexagon AB ADR, Trimble Inc, GeoDigital, Kucera International Inc., Quanergy Systems, Quantum Spatial, Surdex Corporation, Terra Remote Sensing

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.3% of the global lidar services 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 4,346.0 million by 2030.

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LiDAR Services Market Companies

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


Gis service was the largest segment with a revenue share of 31.62% in 2023. Horizon Databook has segmented the Latin America lidar services market based on gis service, asset management, aerial surveying, ground-based surveying, mapping, modelling covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America LiDAR Services Service Type Outlook (Revenue, USD Million, 2017-2030)
    • GIS Service
    • Asset Management
    • Aerial Surveying
    • Ground-Based Surveying
    • Mapping
    • Modelling
      • City Modelling
      • Others
  • Latin America LiDAR Services Application Outlook (Revenue, USD Million, 2017-2030)
    • Corridor Mapping
    • Engineering
    • Environment
    • Exploration
    • ADAS
    • Others

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Target buyers of Latin America lidar services market databook

  • Our clientele includes a mix of lidar services market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 lidar services market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America lidar services market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America lidar services market size, by country, 2017-2030 (US$M)

Latin America LiDAR Services Market Share, 2023 & 2030 (US$M)

Latin America lidar services market size, by country, 2017-2030 (US$M)

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