Latin America Small Drone Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$567.3

Forecast, 2030 (US$M)

$1,589.4

CAGR, 2024 - 2030

15.9%

Report Coverage

Latin America

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

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Related Markets

Global Small Drone Industry Outlook

North America Small Drone Market Outlook

Europe Small Drone Market Outlook

Asia Pacific Small Drone Market Outlook

MEA Small Drone Market Outlook

Latin America small drone market highlights

The Latin America small drone market generated a revenue of USD 567.3 million in 2023.
The market is expected to grow at a CAGR of 15.9% from 2024 to 2030.
In terms of segment, fixed-wing was the largest revenue generating type in 2023.
Fixed-Wing is the most lucrative type segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 567.3 million
Market revenue in 2030	USD 1,589.4 million
Growth rate	15.9% (CAGR from 2023 to 2030)
Largest segment	Fixed-wing
Fastest growing segment	Fixed-Wing
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Fixed-Wing
Key market players worldwide	DJI, Parrot Drones, Teledyne Technologies Inc, Northrop Grumman Corporation, AeroVironment Inc, Draganfly Inc Ordinary Shares, EHang Holdings Ltd ADR, 3D Robotics, BAE Systems PLC, Autel Robotics, Yuneec, Skydio

Other key industry trends

In terms of revenue, Latin America region accounted for 4.7% of the global small drone market in 2023.
Globally, North America is projected to lead the regional market in terms of revenue in 2030.
Latin America is the fastest growing regional market and is projected to reach USD 1,589.4 million by 2030.

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

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Small Drone Market Scope

Small drone market segmentation & scope

Type

Fixed-Wing

Rotary

Hybrid

Application

Consumer

Commercial

Military

Government & Law Enforcement

Mode of Operation

Remotely Piloted

Partially Autonomous

Fully Autonomous

Maximum Take-Off Weight (MTOW)

<250g

250g to 2kg

2kg to 25kg

25kg to 150kg

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

Argentina

Brazil

Denmark

Germany

France

Italy

Norway

Spain

Sweden

U.S.

Mexico

Canada

Kuwait

Saudi Arabia

South Africa

UAE

Australia

China

India

Japan

South Korea

Thailand

Small Drone Market Companies

Name	Profile	# Employees	HQ	Website

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

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

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America small drone market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America small drone market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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