Drone Battery Industry Analysis in Latin America
Study on Drone Batteries in Latin America by Mini Quad, Micro Quad, and Commercial/Industrial from 2024 to 2034
Analysis of Drone Battery Covering Countries Includes Analysis of Brazil, Mexico, Argentina, Chile, Peru, and Rest of Latin America
Drone Battery Sales Outlook for Latin America (2024 to 2034)
Sales of drone batteries in Latin America are calculated at US$ 375.7 million for 2024 and are projected to rise at a CAGR of 6.3% to reach US$ 692.11 million by the end of 2034.
A drone battery is a power source specifically designed for unmanned aerial vehicles (UAVs), commonly known as drones. These batteries provide the necessary electrical energy to the drone's propulsion system, electronics, and other components, allowing it to operate in the air.
Drone batteries are typically rechargeable and are a crucial component for the overall functionality and flight performance of the drone. They come in various types, with lithium-ion and lithium polymer (LiPo) batteries being common choices due to their high energy density and relatively lightweight characteristics. The development of efficient and long-lasting drone batteries is essential for extending flight durations and enhancing the capabilities of UAVs in different applications, including photography, videography, surveillance, and various industrial uses.
- According to Fact.MR, a market research and competitive intelligence provider, demand for LiPo drone batteries is forecasted to increase at a CAGR of 7% and reach a market value of US$ 551.98 million by 2034.
- Sales of drone batteries with above 10,000 mAh capacity are projected to reach US$ 128.43 million by 2034.
| Report Attributes | Details |
|---|---|
| Drone Battery Sales in Latin America (2024E) | US$ 375.7 Million |
| Forecasted Sales (2034F) | US$ 692.11 Million |
| Demand Growth (2024 to 2034) | 6.3% CAGR |
| Mini Quad Drone Battery Sales (2024E) | US$ 21.5 Million |
| Micro Quad Drone Battery Demand Growth (2024 to 2034) | 5.2% CAGR |
| Key Companies Profiled |
|
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What’s Driving Revenue from Drone Battery Technologies in Latin America?
“Advanced Drone Batteries Enhancing Capabilities of Drones in Meeting Agricultural and Industrial Applications”
Latin America is witnessing a significant uptick in the adoption of drones across diverse industries, reshaping the dynamics of the regional economy. This surge in drone usage is driven by their versatility and applicability across sectors such as agriculture, construction, and surveillance. This adoption, in turn, is a major factor fuelling the demand for reliable and efficient drone batteries.
Drones are transforming the agricultural landscape in Latin America by facilitating precision farming techniques. Farmers are utilizing drones equipped with advanced sensors and imaging technologies to monitor crop health, assess field conditions, and optimize irrigation. This precision-oriented approach enhances productivity and resource management, creating a strong demand for drones tailored to agricultural needs, subsequently influencing drone battery demand growth.
The construction sector in Latin America is increasingly leveraging drones for surveying and monitoring purposes. Drones equipped with high-resolution cameras and LiDAR technology enable efficient site inspections, project planning, and progress monitoring. As construction projects scale up, the demand for drones capable of prolonged and reliable operation intensifies, driving the need for advanced battery solutions.
Drones play a crucial role in enhancing surveillance and security measures in Latin America. They are employed by border patrol agencies and law enforcement for monitoring vast areas, tracking illegal activities, and ensuring public safety. The reliability of drone batteries becomes paramount in such applications, as uninterrupted aerial surveillance is essential for effective security operations.
Country-wise Analysis
How Fast is Demand for Drone Batteries Increasing in Brazil?
“Agricultural Innovation Increasing Sales of Long Battery Life Drones”
| Attribute | Brazil |
|---|---|
| Market Value (2024E) | US$ 144.9 Million |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 274.56 Million |
Brazil's large agricultural sector is increasingly adopting drones for precision farming. Drones equipped with advanced sensors and imaging technologies are used for crop monitoring, pest control, and precision agriculture. Demand for drone batteries in Brazil is driven by the need for extended flight times to cover vast agricultural landscapes efficiently.
Is Mexico a Profitable Market for Drone Battery Suppliers?
“Growing Application of Drones in Infrastructure Development and Monitoring”
| Attribute | Mexico |
|---|---|
| Market Value (2024E) | US$ 118 Million |
| Growth Rate (2024 to 2034) | 6.2% CAGR |
| Projected Value (2034F) | US$ 215.34 Million |
Drone batteries are essential for sustained and efficient operations in the inspection of construction sites, pipelines, and other infrastructure assets. Mexico's growing infrastructure projects, including construction and energy developments, are driving the demand for drones equipped with advanced batteries for long-duration monitoring and surveying applications. Similar to Brazil, Mexico's agriculture sector is also adopting drones for precision agriculture, fuelling sales of improved drone batteries.
What’s Driving Drone Battery Demand in Argentina?
“Increasing Use of Drone Technology in Energy Sector Driving Demand for High-Capacity Drone Batteries”
| Attribute | Argentina |
|---|---|
| Market Value (2024E) | US$ 47.6 Million |
| Growth Rate (2024 to 2034) | 6.1% CAGR |
| Projected Value (2034F) | US$ 86.05 Million |
Argentina's energy sector is embracing the technological advancements offered by drones to enhance the efficiency and reliability of monitoring and inspection processes. Drones play a crucial role in the surveillance and management of power infrastructure, pipelines, and remote installations. This growing reliance on drone technology within the energy sector is contributing significantly to the demand for advanced drone batteries.
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Category-wise Analysis
Which Type of Drone Battery is Popular in Latin America?
“Cutting-Edge Commercial Drone Batteries Gaining High Importance in Industrial Sector”
| Attribute | Commercial/Industrial Drone Batteries |
|---|---|
| Segment Value (2024E) | US$ 314.5 Million |
| Growth Rate (2024 to 2034) | 6.6% CAGR |
| Projected Value (2034F) | US$ 595.93 Million |
Latin America is experiencing a dynamic surge in the demand for commercial and industrial drone batteries, fueled by a spectrum of transformative factors. Across the region, the agricultural sector is witnessing a precision revolution, employing drones for efficient farming practices that demand extended operational hours and reliable power sources. Infrastructure development projects, spanning construction, energy, and transportation are leveraging commercial drones for precise monitoring, necessitating industrial-grade batteries for uninterrupted surveillance.
Environmental conservation efforts, driven by the region's rich biodiversity, employ drones to monitor ecosystems and wildlife. In this arena, the demand for robust drone batteries intensifies due to the need for prolonged flight times in challenging terrains. Security forces and emergency responders turn to commercial drones for surveillance and rescue operations, highlighting the essential role of industrial drone batteries in ensuring seamless aerial interventions.
The Latin American oil and gas sector also integrates drones for efficient surveying and monitoring of energy facilities, emphasizing the crucial role of reliable industrial drone batteries in supporting energy frontiers.
Competitive Landscape
Leading companies in the Latin American region are expanding their product portfolios to offer a diverse range of drone accessories including batteries tailored to various applications. By catering to the unique needs of industries such as agriculture, infrastructure, and cinematography, key market players are capturing broader market shares.
Forming strategic partnerships and collaborations with drone manufacturers, aerospace companies, and industry stakeholders, leading companies are boosting their market reach.
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Segmentation of Drone Batteries Study in Latin America
-
By Drone Type:
- Mini Quad
- Micro Quad
- Commercial/Industrial
- Others
-
By Battery Chemistry:
- NiCad
- NiMH
- LiPo
- Others
-
By Battery Capacity:
- Below 3,000 mAh
- 3,000 to 5,000 mAh
- 5,001 mAh to 10,000 mAh
- Above 10,000 mAh
-
By Country:
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of Latin America
Table of Content
1. Latin America Industry - Executive Summary 1.1. Latin America Industry Overview 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Fact.MR Analysis and Recommendations 2. Latin America Industry Overview 2.1. Industry Coverage / Taxonomy 2.2. Industry Introduction and Definition 3. Industry Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.2.1. Change in Demand 3.1.2.2. Before and After COVID-19 Crisis (Projected) 3.1.2.3. Before and After Sub-prime Crisis – 2008 (Actual) 3.1.2.4. Change in Demand Post-Recovery Period (After Each Crisis) 3.1.3. Impact on Industry and Value (US$ Mn) 3.1.3.1. Likely Loss of Value in 2023 3.1.3.2. Mid-term and Long-term Forecasts 3.1.3.3. Quarter by Quarter Demand and Recovery Assessment 3.1.4. Anticipated Demand and Value Recovery Curve 3.1.4.1. Likelihood of U-Shape Recovery 3.1.4.2. Likelihood of L-Shape Recovery 3.1.5. Recovery Period Assessment by Key Countries 3.1.6. Recovery Assessment by Key Industry Segments 3.1.7. Action Points and Recommendations for Suppliers 3.1.8. Impact on Trade Balance 3.2. Key Trends Impacting the Industry 3.3. Formulation and Source Development Trends 4. Industry Background and Data Points 4.1. Need of the Hour for Industries 4.2. Industry Wise Industry 4.0 4.3. – Strategic Priorities 4.4. Life Cycle Stage 4.5. Importance of Technology 4.6. Use Cases of Drone Battery 4.7. Forecast Factors: Relevance and Impact 4.8. Investment Feasibility Matrix 4.9. PESTLE Analysis 4.10. Porter’s Five Forces Analysis 4.11. Industry Dynamics 4.11.1. Drivers 4.11.2. Restraints 4.11.3. Opportunity Analysis 4.11.4. Trend 5. Latin America Industry Analysis 2018 to 2023 and Forecast, 2024 to 2034 5.1. Historical Industry Value (US$ Mn) Analysis, 2018 to 2023 5.2. Current and Future Industry Value (US$ Mn) Projections, 2024 to 2034 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, By Drone Type 6.1. Introduction / Key Findings 6.2. Historical Industry Value (US$ Mn) Analysis By Drone Type, 2018 to 2023 6.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Drone Type, 2024 to 2034 6.3.1. Mini Quad 6.3.2. Micro Quad 6.3.3. Commercial/Industrial 6.3.4. Others 6.4. Industry Attractiveness Analysis By Drone Type 7. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Battery Chemistry 7.1. Introduction / Key Findings 7.2. Historical Industry Value (US$ Mn) Analysis By Battery Chemistry, 2018 to 2023 7.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Battery Chemistry, 2024 to 2034 7.3.1. NiCad 7.3.2. NiMH 7.3.3. LiPo 7.3.4. Others 7.4. Industry Attractiveness Analysis By Battery Chemistry 8. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Battery Capacity 8.1. Introduction / Key Findings 8.2. Historical Industry Value (US$ Mn) Analysis By Battery Capacity, 2018 to 2023 8.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Battery Capacity, 2024 to 2034 8.3.1. Below 3,000 mAh 8.3.2. 3,000 to 5,000 mAh 8.3.3. 5,001 mAh to 10,000 mAh 8.3.4. Above 10,000 mAh 8.4. Industry Attractiveness Analysis By Battery Capacity 9. Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034, by Country 9.1. Introduction / Key Findings 9.2. Historical Industry Value (US$ Mn) Analysis By Country, 2018 to 2023 9.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast By Country, 2024 to 2034 9.3.1. Brazil 9.3.2. Mexico 9.3.3. Argentina 9.3.4. Rest of Latin America 9.4. Industry Attractiveness Analysis By Country 10. Brazil Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 10.1. Introduction / Key Findings 10.2. Historical Industry Value (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 10.3. Industry Value (US$ Mn) Forecast By Industry Taxonomy, 2024 to 2034 10.3.1. By Drone Type 10.3.2. By Battery Chemistry 10.3.3. By Battery Capacity 10.4. Industry Attractiveness Analysis 10.4.1. By Drone Type 10.4.2. By Battery Chemistry 10.4.3. By Battery Capacity 11. Mexico Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 11.1. Introduction / Key Findings 11.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 11.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 11.3.1. By Drone Type 11.3.2. By Battery Chemistry 11.3.3. By Battery Capacity 11.4. Industry Attractiveness Analysis 11.4.1. By Drone Type 11.4.2. By Battery Chemistry 11.4.3. By Battery Capacity 12. Argentina Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction / Key Findings 12.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 12.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 12.3.1. By Drone Type 12.3.2. By Battery Chemistry 12.3.3. By Battery Capacity 12.4. Industry Attractiveness Analysis 12.4.1. By Drone Type 12.4.2. By Battery Chemistry 12.4.3. By Battery Capacity 13. Rest of Latin America Industry Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction / Key Findings 13.2. Historical Industry Size (US$ Mn) Trend Analysis By Industry Taxonomy, 2018 to 2023 13.3. Current and Future Industry Value (US$ Mn) Analysis and Forecast, 2024 to 2034 13.3.1. By Drone Type 13.3.2. By Battery Chemistry 13.3.3. By Battery Capacity 13.4. Industry Attractiveness Analysis 13.4.1. By Drone Type 13.4.2. By Battery Chemistry 13.4.3. By Battery Capacity 14. Industry Structure Analysis 14.1. Industry Analysis by Tier of Companies 14.2. Industry Concentration 14.3. Industry Share Analysis of Top Players 14.4. Industry Presence Analysis 15. Competition Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Competition Deep Dive 15.4. Altair 15.4.1. Company Overview 15.4.2. Source overview 15.4.3. SWOT Analysis 15.4.4. Key Developments 15.5. Lithium Power, Inc. 15.6. Ballard Power Systems 15.7. Drone Volt USA 16. Assumptions and Acronyms Used 17. Research Methodology
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List Of Table
Table 1: Latin America Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 2: Latin America Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 3: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 4: Latin America Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 5: Latin America Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 6: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 7: Latin America Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 8: Latin America Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 9: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 10: Latin America Industry Value (US$ Mn) Analysis, by Country, 2018 to 2023
Table 11: Latin America Industry Value (US$ Mn) Analysis, by Country, 2024 to 2034
Table 12: Latin America Industry Value (US$ Mn) Opportunity Analysis, by Country, 2024 to 2034
Table 13: Brazil Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 14: Brazil Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 15: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 16: Brazil Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 17: Brazil Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 18: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 19: Brazil Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 20: Brazil Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 21: Brazil Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 22: Mexico Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 23: Mexico Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 24: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 25: Mexico Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 26: Mexico Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 27: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 28: Mexico Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 29: Mexico Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 30: Mexico Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 31: Argentina Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 32: Argentina Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 33: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 34: Argentina Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 35: Argentina Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 36: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 37: Argentina Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 38: Argentina Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 39: Argentina Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
Table 40: Rest of Latin America Industry Value (US$ Mn) Analysis, by Drone Type, 2018 to 2023
Table 41: Rest of Latin America Industry Value (US$ Mn) Analysis, by Drone Type, 2024 to 2034
Table 42: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Drone Type, 2024 to 2034
Table 43: Rest of Latin America Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2018 to 2023
Table 44: Rest of Latin America Industry Value (US$ Mn) Analysis, by Battery Chemistry, 2024 to 2034
Table 45: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Battery Chemistry, 2024 to 2034
Table 46: Rest of Latin America Industry Value (US$ Mn) Analysis, by Battery Capacity, 2018 to 2023
Table 47: Rest of Latin America Industry Value (US$ Mn) Analysis, by Battery Capacity, 2024 to 2034
Table 48: Rest of Latin America Industry Value (US$ Mn) Opportunity Analysis, by Battery Capacity, 2024 to 2034
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List Of Figures
Figure 1: Latin America Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 2: Latin America Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 3: Latin America Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 4: Latin America Industry Incremental $ Opportunity, 2024 to 2034
Figure 5: Latin America Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 6: Latin America Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 7: Latin America Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 8: Latin America Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 9: Latin America Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 10: Latin America Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 11: Latin America Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 12: Latin America Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 13: Latin America Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 14: Latin America Industry Share and BPS Analysis by Country, 2024 & 2034
Figure 15: Latin America Industry Y-o-Y Growth Projections by Country, 2024 to 2034
Figure 16: Latin America Industry Attractiveness Analysis by Country, 2024 to 2034
Figure 17: Brazil Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 18: Brazil Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 19: Brazil Industry Value Y-o-Y Growth and Forecast, 2034
Figure 20: Brazil Industry Incremental $ Opportunity, 2024 to 2034
Figure 21: Brazil Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 22: Brazil Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 23: Brazil Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 24: Brazil Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 25: Brazil Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 26: Brazil Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 27: Brazil Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 28: Brazil Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 29: Brazil Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 30: Mexico Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 31: Mexico Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 32: Mexico Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 33: Mexico Industry Incremental $ Opportunity, 2024 to 2034
Figure 34: Mexico Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 35: Mexico Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 36: Mexico Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 37: Mexico Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 38: Mexico Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 39: Mexico Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 40: Mexico Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 41: Mexico Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 42: Mexico Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 43: Argentina Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 44: Argentina Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 45: Argentina Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 46: Argentina Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 47: Argentina Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 48: Argentina Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 49: Argentina Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 50: Argentina Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 51: Argentina Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 52: Argentina Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 53: Argentina Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 54: Argentina Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Figure 55: Rest of Latin America Industry Value (US$ Mn) Historical Analysis, 2018 to 2023
Figure 56: Rest of Latin America Industry Value (US$ Mn) Forecast and Analysis, 2024 to 2034
Figure 57: Rest of Latin America Industry Value Y-o-Y Growth and Forecast, 2018 to 2034
Figure 58: Rest of Latin America Industry Share and BPS Analysis by Drone Type, 2024 & 2034
Figure 59: Rest of Latin America Industry Y-o-Y Growth Projections by Drone Type, 2024 to 2034
Figure 60: Rest of Latin America Industry Attractiveness Analysis by Drone Type, 2024 to 2034
Figure 61: Rest of Latin America Industry Share and BPS Analysis by Battery Chemistry, 2024 & 2034
Figure 62: Rest of Latin America Industry Y-o-Y Growth Projections by Battery Chemistry, 2024 to 2034
Figure 63: Rest of Latin America Industry Attractiveness Analysis by Battery Chemistry, 2024 to 2034
Figure 64: Rest of Latin America Industry Share and BPS Analysis by Battery Capacity, 2024 & 2034
Figure 65: Rest of Latin America Industry Y-o-Y Growth Projections by Battery Capacity, 2024 to 2034
Figure 66: Rest of Latin America Industry Attractiveness Analysis by Battery Capacity, 2024 to 2034
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the estimated value of the Latin American market in 2024?
Sales of drone batteries in Latin America are pegged at US$ 375.7 million for 2024.
What is the projected market value in Latin America for 2034?
By 2034, demand for drone batteries in Latin America is forecasted to reach a market value of US$ 692.11 million.
At what rate is demand for drone batteries expected to increase?
The market in Latin America is predicted to increase at a CAGR of 6.3% from 2022 to 2034.
How fast are the sales of drone batteries increasing in Brazil?
The Brazil market is projected to expand at a CAGR of 6.6% through 2034.
Why type of drone battery is widely used in Latin America?
Sales of commercial/industrial drone batteries are projected to reach US$ 595.93 million by 2034.
What is the sales value of LiPo drone batteries in 2024?
Sales of LiPo drone batteries are estimated at US$ 280.6 million in 2024.
Drone Battery Industry Analysis in Latin America