Latin America Electric Mobility Market Size & Outlook
Latin America electric mobility market, 2018-2030 (US$M)
Related Markets
Latin America electric mobility market highlights
- The Latin America electric mobility market generated a revenue of USD 3,461.6 million in 2022.
- The market is expected to grow at a CAGR of 10.9% from 2023 to 2030.
- In terms of segment, chain drive was the largest revenue generating drive type in 2022.
- Belt Drive is the most lucrative drive type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 3,461.6 million |
| Market revenue in 2030 | USD 7,944.8 million |
| Growth rate | 10.9% (CAGR from 2022 to 2030) |
| Largest segment | Chain drive |
| Fastest growing segment | Belt Drive |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Belt Drive, Chain Drive, Hub Drive |
| Key market players worldwide | Bayerische Motoren Werke AG, Honda Motor Co Ltd, Gogoro Inc, PIERER Mobility AG, Mahindra & Mahindra Ltd DR, Ninebot, Suzuki Motor Corp, Terra Motors, Yamaha Motor Co Ltd, Vmoto |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.2% of the global electric mobility market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 21,040.3 million by 2030.
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Electric Mobility Market Scope
Electric Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America electric mobility 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 electric mobility market will help companies and investors design strategic landscapes.
Chain drive was the largest segment with a revenue share of 46.72% in 2022. Horizon Databook has segmented the Latin America electric mobility market based on belt drive, chain drive, hub drive covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Electric Mobility Drive Type Outlook (Revenue, USD Million, 2018-2030)
- Belt Drive
- Chain Drive
- Hub Drive
- Latin America Electric Mobility End-Use Outlook (Revenue, USD Million, 2018-2030)
- Personal
- Commercial
- Latin America Electric Mobility Battery Outlook (Revenue, USD Million, 2018-2030)
- Lead-acid Battery
- Lithium-ion Battery
- Others
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Target buyers of Latin America electric mobility market databook
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Our clientele includes a mix of electric mobility market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America electric mobility market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America electric mobility market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America electric mobility market size, by country, 2018-2030 (US$M)
Latin America Electric Mobility Market Outlook Share, 2022 & 2030 (US$M)
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