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Peru Drone Market Size, Share, Trends, Analysis, Forecast: By Type: Fixed Wing, Rotary Wing, Others; By Payload: Less than 25 Kilogram, 25 -170 Kilogram, Greater than 170 Kilogram; By Component: Hardware, Software, Accessories; By End Use; Agriculture, Construction, Others; By Distribution Channel; Competitive Landscape; 2024-2032
Peru Drone Market Outlook
The Peru drone market size was valued at USD 24.64 million in 2023. The market is further projected to grow at a CAGR of 36.90% between 2024 and 2032, reaching a value of USD 433.08 million by 2032.
Key Takeaways
- The mining industry is contributing to the growth of the drone market in the region, with UAVs used for streamlined monitoring, pre-planning, and mapping.
- The market is expected to grow due to the increasing demand for drones in agriculture for crop monitoring and spraying, as well as in infrastructure for inspection and maintenance. Additionally, the use of drones in security and surveillance is also driving Peru drone market growth.
- As per industry reports, market players are actively engaging with regulatory bodies to ensure compliance with drone regulations and safety standards, which is crucial for the widespread adoption of drones in Peru.
Drones are being increasingly used in a variety of industries in Peru, including agriculture, mining, construction, and logistics. In agriculture, drones are being used for crop monitoring, irrigation management, and pesticide application. In mining, they are being used for exploration, surveying, and security purposes. In construction, drones are being used for site surveying, mapping, and inspection. In logistics, they are being used for package delivery and transportation. This increasing demand from various industries is expected to drive the growth of the market.
Drones are becoming increasingly advanced, with features such as autonomous flight, obstacle avoidance, and high-resolution multi spectral cameras. In addition, the development of new drone technologies, such as drone swarms and drone delivery systems, is expected to create new opportunities for the Peru drone market development.
The Peruvian government is taking steps to support the growth of the drone industry. In 2021, the government introduced new regulations for drone operations, including the requirement for drone operators to register with the government and obtain a license. These regulations are expected to provide a more stable and predictable regulatory environment for drone operators.
Foreign companies are investing in the Peruvian drone market, attracted by the country's growing economy and supportive regulatory environment. In 2022, the Chinese drone manufacturer DJI opened a new research and development centre in Lima, Peru, with the aim of developing new drone technologies for the Latin American market. This foreign investment is expected to bring new technologies and expertise to the Peru drone market.
Furthermore, drones are making a significant impact in the media and entertainment industry in Peru, particularly in aerial photography, filmography, and broadcast applications. Photography enthusiasts and filmmakers in Peru are utilising drones to capture stunning aerial shots that were previously challenging to achieve.
Market Segmentation
Peru Drone Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fixed Wing
- Rotary Wing
- Others
Market Breakup by Payload
- Less than 25 Kilogram
- 25 -170 Kilogram
- Greater than 170 Kilogram
Market Breakup by Component
- Hardware
- Software
- Accessories
Market Breakup by End Use
- Agriculture
- Construction
- Military and Defence
- Media and Entertainment
- Others
Market Breakup by Distribution Channel
- OEM
- Aftermarket
Competitive Landscape
Market players are investing in developing drones with advanced sensors and imaging technologies to provide accurate data for decision-making in sectors such as mining and construction.
- SZ DJI Technology Co., Ltd.
- UAV Latam
- Atmos UAV B.V.
- Wingtra AG
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Payload |
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| Breakup by Component |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Drone Market Overview
8.1 Key Industry Highlights
8.2 Latin America Drone Historical Market (2018-2023)
8.3 Latin America Drone Market Forecast (2024-2032)
8.4 Latin America Drone Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Peru
8.4.5 Others
9 Peru Drone Market Overview
9.1 Key Industry Highlights
9.2 Peru Drone Historical Market (2018-2023)
9.3 Peru Drone Market Forecast (2024-2032)
10 Peru Drone Market by Type
10.1 Fixed Wing
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Rotary Wing
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Peru Drone Market by Payload
11.1 Less than 25 Kilogram
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 25 -170 Kilogram
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Greater than 170 Kilogram
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Peru Drone Market by Component
12.1 Hardware
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Software
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Accessories
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
13 Peru Drone Market by End Use
13.1 Agriculture
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Construction
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Military and Defense
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Media and Entertainment
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Peru Drone Market by Distribution Channel
14.1 OEM
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Aftermarket
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyers Powers
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 SZ DJI Technology Co., Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 UAV Latam
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Atmos UAV B.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Wingtra AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Drone Market: Key Industry Highlights, 2018 and 2032
2. Peru Drone Market: Key Industry Highlights, 2018 and 2032
3. Peru Drone Historical Market: Breakup by Type (USD Million), 2018-2023
4. Peru Drone Market Forecast: Breakup by Type (USD Million), 2024-2032
5. Peru Drone Historical Market: Breakup by Payload (USD Million), 2018-2023
6. Peru Drone Market Forecast: Breakup by Payload (USD Million), 2024-2032
7. Peru Drone Historical Market: Breakup by Component (USD Million), 2018-2023
8. Peru Drone Market Forecast: Breakup by Component (USD Million), 2024-2032
9. Peru Drone Historical Market: Breakup by End Use (USD Million), 2018-2023
10. Peru Drone Market Forecast: Breakup by End Use (USD Million), 2024-2032
11. Peru Drone Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
12. Peru Drone Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
13. Peru Drone Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 24.64 million.
The market is expected to grow at a CAGR of 36.90% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 433.08 million by 2032.
The market is being driven due to rising demand for drones in various industries, advancements in technology, and various uses of drones in agriculture, mining, and defence sectors.
Key trends aiding the market expansion include the growing adoption of drones for commercial and recreational purposes, the increasing investment in research and development of drone technology, and the increasing demand for LiDAR drones.
Different types of drones in the market are fixed wing and rotary wing, among others.
Based on end use, the market segmentations include agriculture, construction, military and defence, and media and entertainment, among others.
Less than 25 kilogram, 25 -170 kilogram, and greater than 170 kilograms of payloads are considered in the report.
Key players in the market are SZ DJI Technology Co., Ltd., UAV Latam, Atmos UAV B.V., and Wingtra AG, among others.
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