Latin America Distribution Boards Market Size & Outlook
The distribution boards market in Latin America is expected to reach a projected revenue of US$ 377.7 million by 2030. A compound annual growth rate of 5.8% is expected of Latin America distribution boards market from 2024 to 2030.
Revenue, 2023 (US$M)
$253.8
Forecast, 2030 (US$M)
$377.7
CAGR, 2024 - 2030
5.8%
Report Coverage
Latin America
Latin America distribution boards market, 2018-2030 (US$M)
Latin America distribution boards market highlights
- The Latin America distribution boards market generated a revenue of USD 253.8 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, low voltage (up to 1 kv) was the largest revenue generating voltage rating in 2023.
- Low Voltage (Up to 1 kV) is the most lucrative voltage rating segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 253.8 million |
| Market revenue in 2030 | USD 377.7 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Low voltage (up to 1 kv) |
| Fastest growing segment | Low Voltage (Up to 1 kV) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Voltage (Up to 1 kV) |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.4% of the global distribution boards 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 2,664.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Distribution Boards Market Scope
Distribution boards market segmentation & scope
End Use
Residential
Commercial
Industrial
Utilities
Data Centers
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Australia
China
India
Japan
South Korea
Thailand
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE
Distribution Boards Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
