Latin America Car Phone Holder Market Size & Outlook
Latin America car phone holder market, 2018-2030 (US$M)
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Latin America car phone holder market highlights
- The Latin America car phone holder market generated a revenue of USD 54.0 million in 2021.
- The market is expected to grow at a CAGR of 5.6% from 2022 to 2030.
- In terms of segment, air vent mounted was the largest revenue generating product in 2021.
- Suction Cup Mounted is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 54.0 million |
| Market revenue in 2030 | USD 88.3 million |
| Growth rate | 5.6% (CAGR from 2021 to 2030) |
| Largest segment | Air vent mounted |
| Fastest growing segment | Suction Cup Mounted |
| Historical data covered | 2017 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Air Vent Mounted, Suction Cup Mounted, Adhesive Mounted, CD Slot Mounted |
| Key market players worldwide | Baseus Technology, Brodit, Arkon Mounts, Kenu, iOttie, Olixar, Bestrix, Amkette, Portronics, Zaap |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global car phone holder market in 2021.
- 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 695.4 million by 2030.
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Car Phone Holder Market Scope
Car Phone Holder Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America car phone holder 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 car phone holder market will help companies and investors design strategic landscapes.
Air vent mounted was the largest segment with a revenue share of 45% in 2024. Horizon Databook has segmented the Latin America car phone holder market based on air vent mounted, suction cup mounted, adhesive mounted, cd slot mounted covering the revenue growth of each sub-segment from 2018 to 2030.
The car phone holder market in Central & South America is expected to exhibit significant growth opportunities in the next few years. Furthermore, the region offers a strong growth potential for international companies to set up manufacturing units and automobile accessories businesses across Brazil, Argentina, and Colombia.
In addition, the growing penetration of mobile phone subscribers has led the Latin American population, especially private car owners and commercial vehicle drivers, to focus on safety and convenience while driving, which has driven the demand for car mounts across three and four-wheelers.
According to the 2022 data on the 'Mobile Economy Latin America' published by the GSM Association, unique mobile subscribers reported a 69% penetration rate in the region with approximately 439 million mobile phone users.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America car phone holder market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America car phone holder market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America car phone holder market size, by country, 2018-2030 (US$M)
Latin America Car Phone Holder Market Outlook Share, 2024 & 2030 (US$M)
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