Latin America Power Bank Market Size & Outlook, 2023-2030

The power bank market in Latin America is expected to reach a projected revenue of US$ 3,382.8 billion by 2030. A compound annual growth rate of 8.1% is expected of Latin America power bank market from 2024 to 2030.
Revenue, 2023 (US$B)
$1,955.8
Forecast, 2030 (US$B)
$3,382.8
CAGR, 2024 - 2030
8.1%
Report Coverage
Latin America

Latin America power bank market highlights

  • The Latin America power bank market generated a revenue of USD 1,955.8 billion in 2023.
  • The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
  • In terms of segment, 8,001 mah-20,000 mah was the largest revenue generating capacity range in 2023.
  • 8,001 mAh-20,000 mAh is the most lucrative capacity range segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 1,955.8 billion
Market revenue in 2030USD 3,382.8 billion
Growth rate8.1% (CAGR from 2023 to 2030)
Largest segment8,001 mah-20,000 mah
Fastest growing segment8,001 mAh-20,000 mAh
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD billion
Market segmentationUp to 3,000 mAh, 3,001 mAh-8,000 mAh, 8,001 mAh-20,000 mAh, Above 20,000 mAh
Key market players worldwideAsustek Computer Inc DR, Xiaomi Corp Class B, Intex Technologies, Lenovo Group Ltd, Microsoft Corp, Panasonic Holdings Corp, Samsung SDI Co Ltd GDR - 144A, Sony Group Corp


Other key industry trends

  • In terms of revenue, Latin America region accounted for 11.0% of the global power bank 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 16,426.4 billion by 2030.

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Power Bank Market Companies

Name Profile # Employees HQ Website

Latin America power bank 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 power bank market will help companies and investors design strategic landscapes.


8,001 mah-20,000 mah was the largest segment with a revenue share of 34.9% in 2023. Horizon Databook has segmented the Latin America power bank market based on up to 3,000 mah, 3,001 mah-8,000 mah, 8,001 mah-20,000 mah, above 20,000 mah covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of power bank market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America power bank market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America power bank market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America Power Bank Market Outlook Share, 2023 & 2030 (US$B)

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