Latin America Silicon Anode Battery Market Size & Outlook
The silicon anode battery market in Latin America is expected to reach a projected revenue of US$ 64.8 million by 2030. A compound annual growth rate of 44.3% is expected of Latin America silicon anode battery market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.0
Forecast, 2030 (US$M)
$64.8
CAGR, 2024 - 2030
44.2%
Report Coverage
Latin America
Latin America silicon anode battery market, 2018-2030 (US$M)
Latin America silicon anode battery market highlights
- The Latin America silicon anode battery market generated a revenue of USD 5.0 million in 2023.
- The market is expected to grow at a CAGR of 44.3% from 2024 to 2030.
- In terms of segment, < 1,500 mah was the largest revenue generating capacity in 2023.
- < 1,500 mAh is the most lucrative capacity segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 5.0 million |
| Market revenue in 2030 | USD 64.8 million |
| Growth rate | 44.3% (CAGR from 2023 to 2030) |
| Largest segment | < 1,500 mah |
| Fastest growing segment | < 1,500 mAh |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | < 1,500 mAh |
| Key market players worldwide | XG Sciences, Enevate, Enovix Corp, Amprius Technologies Inc, Huawei Technologies, OneD Material, Nexeon, EoCell, Group14 Technologies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.8% of the global silicon anode battery market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 11.9 million by 2030.
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Silicon Anode Battery Market Scope
Silicon anode battery market segmentation & scope
Application
Automotive
Consumer Electronics
Energy & Power
Medical Devices
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Russia
China
India
Japan
Australia
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Silicon Anode Battery Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America silicon anode battery market
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