Latin America Delivery Drones Market Size & Outlook
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 |
|---|---|---|---|---|
| Zipline | View profile | 501-1000 | San Francisco, California, United States, North America | http://flyzipline.com |
| Boeing Co | View profile | 171000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | https://www.boeing.com |
| Airbus SE | View profile | 150093 | P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA | https://www.airbus.com |
| Flytrex | View profile | 11-50 | Tel Aviv, Tel Aviv, Israel, Asia | http://www.flytrex.com |
| Drone Delivery Canada Corp Variable Voting | View profile | 30 | 6-6221 Highway 7, Vaughan, ON, Canada, L4H 0K8 | https://www.dronedeliverycanada.com |
| FedEx Corp | View profile | 787400 | 942 South Shady Grove Road, Memphis, TN, United States, 38120 | https://www.fedex.com |
| United Parcel Service Inc Class B | View profile | 500000 | 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, United States, 30328 | https://www.ups.com |
| DHL Group | View profile | 594396 | Platz der Deutschen Post, Bonn, NW, Germany, 53250 | http://www.dpdhl.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
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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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.
Partial client list
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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