Latin America Wireless Charging Market, 2023-2030
The wireless charging market in Latin America is expected to reach a projected revenue of US$ 2,249.2 million by 2030. A compound annual growth rate of 28.4% is expected of Latin America wireless charging market from 2024 to 2030.
Revenue, 2023 (US$M)
$391.6
Forecast, 2030 (US$M)
$2,249.2
CAGR, 2024 - 2030
28.4%
Report Coverage
Latin America
Latin America Wireless Charging Market, 2018-2030 (US$M)
Global Market
Related Markets
Latin America wireless charging market highlights
- The Latin America wireless charging market generated a revenue of USD 391.6 million in 2023.
- The market is expected to grow at a CAGR of 28.4% from 2024 to 2030.
- In terms of segment, transmitters was the largest revenue generating component in 2023.
- Transmitters is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 391.6 million |
| Market revenue in 2030 | USD 2,249.2 million |
| Growth rate | 28.4% (CAGR from 2023 to 2030) |
| Largest segment | Transmitters |
| Fastest growing segment | Transmitters |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transmitters, Receivers |
| Key market players worldwide | Belkin International, Energous Corp, Plug Power Inc, Renesas Electronics Corp, Samsung Electronics Co Ltd, Texas Instruments Inc, ConvenientPower HK, Ossia, Powermat Technologies, WiTricity |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global wireless charging 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 1,569.1 million by 2030.
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Wireless Charging Market
Wireless charging market segmentation & scope
Wireless Charging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Samsung Electronics Co Ltd | View profile | 124,804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | www.samsung.com |
| Texas Instruments Inc | View profile | 34,000 | 12500 TI Boulevard, Dallas, TX, United States, 75243 | www.ti.com |
| Belkin International | View profile | 5001-10000 | Playa Vista, California, United States, North America | www.belkin.com |
| Renesas Electronics Corp | View profile | 21,236 | Toyosu Foresia, 3-2-24, Toyosu, Koto-ku, Tokyo, Japan, 135-0061 | www.renesas.com |
| Plug Power Inc | View profile | 3,868 | 968 Albany Shaker Road, Latham, NY, United States, 12110 | www.plugpower.com |
| Energous Corp | View profile | 43 | 3590 North First Street, Suite 210, San Jose, CA, United States, 95134 | www.energous.com |
| ConvenientPower HK | View profile | 11-50 | Sha Tin, New Territories, Hong Kong, Asia | www.convenientpower.com |
| Ossia | View profile | 11-50 | Bellevue, Washington, United States, North America | Ossia.com |
| Powermat Technologies | View profile | 51-100 | Petah Tiqva, HaMerkaz, Israel, Asia | www.powermat.com |
| WiTricity | View profile | 51-100 | Watertown, Massachusetts, United States, North America | www.witricity.com |
Latin America wireless charging market
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 Wireless Charging Market will help companies and investors design strategic landscapes.
Transmitters was the largest segment with a revenue share of 65.86% in 2023.
Horizon Databook has segmented the Latin America wireless charging market based on transmitters, receivers covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Wireless Charging Market Component Outlook (Revenue, USD Million , 2018-2030)
- Transmitters
- Receivers
- Latin America Wireless Charging Market Technology Outlook (Revenue, USD Million , 2018-2030)
- Inductive
- Resonant
- Radio Frequency
- Others
- Latin America Wireless Charging Market Application Outlook (Revenue, USD Million , 2018-2030)
- Automotive
- Consumer Electronics
- Industrial
- Healthcare
- Defense
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America wireless charging market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America wireless charging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Wireless Charging Market, 2018-2030 (US$M)
Latin America wireless charging market statistics, by component, 2018-2030 (US$M)
