Latin America Power Bank Market by Product Type (Plastic, Rubber, Metal, Ceramic, and Others), by Machine Type (Hydraulic, All-electric, and Hybrid), by Clamping Force (Below 200 Tons, 200–500 Tons, and Above 500 Tons), by Business Type (New Sales and Aftersales), by End-User (Automotive, Packaging, Electronics, Healthcare, Consumer Goods, Toy Making, Building and Construction, Home Appliances, and Others) –Opportunity Analysis and Industry Forecast, 2024–2030
Latin America Power Bank Market size was valued at USD 112.20 million in 2023, and is predicted to reach USD 147.18 million by 2030, with a CAGR of 3.5% from 2024 to 2030.
The projected increase in digital buyers in Latin America further underscores the growing market for innovative charging solutions. Estimates indicate that the region is home to over 300 million digital buyers, which is expected to rise by more than 20% by 2027. While e-commerce adoption in Latin America is still evolving compared to other parts of the world, it's showing rapid growth. Online retail sales in the region were estimated to be nearly USD 168 billion in 2022 and are expected to account for close to 20% of total retail sales by 2026. This substantial online consumer base provides an excellent opportunity for marketing and selling power banks through e-commerce platforms.
However, the growth of the power bank market is being hindered by its environmental impact, primarily stemming from the production and disposal of lithium batteries. The manufacturing process of lithium-ion batteries involves toxic metals and significant energy consumption, leading to greenhouse gas emissions.
On the other hand, growing technological innovations in battery technology, particularly with the development and incorporation of graphene batteries is poised to create ample opportunities for the power bank market in the future. Graphene, known for its superior conductivity exceeding that of copper, is emerging as a revolutionary material in the field of energy storage and transmission. The application of graphene in power bank technology significantly enhances their potential, distinguishing them from traditional lithium-ion counterparts. Graphene-based power banks demonstrate a markedly extended lifespan, a pivotal attribute for consumer electronics.
This technological evolution is not only expected to elevate the performance standards of power banks but also introduces an element of sustainability and cost-effectiveness. The integration of graphene batteries is thus not merely an advancement in battery technology, but also represents a paradigm shift in the power bank market, setting new benchmarks for efficiency, sustainability, and user convenience.
Segment Overview
The Latin America Power Bank industry is segmented on the basis of battery capacity, battery type, portability, charging technology type, number of ports, design, display technology, compatibility, power output, and distribution channel.
• By battery capacity, the market is segmented into Up to 5,000 mAh, 5,001 to 10,000 mAh, 10,001 to 20,000 mAh, above 20,000 mAh.
• By battery type, the market is divided into lithium-ion (li-ion) and lithium-polymer (li-po).
• By portability, the market is classified into mini power banks, compact power banks, large high-capacity power banks.
• By charging technology type, the market is classified into magsafe or wireless charging support, standard charging support.
• By number of ports, the market is classified into 1 to 2 ports, 3 to 5 ports, more than 5 ports.
• By design, the market is classified into power banks with display technology and power banks without display technology.
• By display technology, the market is classified into standard power banks and rugged power banks.
• By compatibility, the market is classified into universal power banks and device-specific power banks.
• By power output, the market is classified into less than 15w, 15-65w, 66 to 200w, more than 200w.
• By distribution channel, the market is classified into e-commerce or online and offline.
Key Market Players
The key players in the Latin America Power Bank Market research include companies such as:
• Anker Innovations Co. Ltd.
• Xiaomi Corporation
• Samsung Electronics Co., Ltd.
• Guangdong Oppo Mobile Telecommunications Corp., Ltd. (Realme, OnePlus)
• Lenovo Group Limited
• Zagg Inc. (Mophie)
• Belkin International, Inc.
• Ambrane Latin America Pvt Ltd.
• Baseus
• Veger Power Inc.
KEY BENEFITS
• The Latin America Power Bank Market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the Latin America Power Bank Market is provided in the report.
• The competitive analysis of the market players along with their market share in the Latin America Power Bank Market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 Latin America Power Bank Market By Battery Type
- 2.1 Overview
- 2.2 Lithium-ion (Li-ion) Market
- 2.3 Lithium-polymer (Li-po) Market
- 3 Latin America Power Bank Market By Portability
- 3.1 Overview
- 3.2 Mini Power Banks Market
- 3.3 Compact Power Banks Market
- 3.4 Large High Capacity Power Banks Market
- 4 Latin America Power Bank Market By Charging Technology Type
- 4.1 Overview
- 4.2 Magsafe Or Wireless Charging Support Market
- 4.3 Standard Charging Support Market
- 5 Latin America Power Bank Market By Number Of Ports
- 5.1 Overview
- 5.2 1 To 2 Ports Market
- 5.3 3 To 5 Ports Market
- 5.4 More Than 5 Ports Market
- 6 Latin America Power Bank Market By Design
- 6.1 Overview
- 6.2 Standard Power Banks Market
- 6.3 Rugged Power Banks Market
- 7 Latin America Power Bank Market By Display Technology
- 7.1 Overview
- 7.2 Power Banks With Display Technology Market
- 7.3 Power Banks Without Display Technology Market
- 8 Latin America Power Bank Market By Compatibility
- 8.1 Overview
- 8.2 Universal Power Banks Market
- 8.3 Device-specific Power Banks Market
- 9 Latin America Power Bank Market By Power Output
- 9.1 Overview
- 9.2 Less Than 15w Market
- 9.3 15-65w Market
- 9.4 66 To 200w Market
- 9.5 More Than 200w Market
- 10 Latin America Power Bank Market By Distribution Channel
- 10.1 Overview
- 10.2 E-commerce Or Online Market
- 10.3 Offline Market
- 11 Company Profiles
- 11.1 Anker Innovations Co. Ltd.
- 11.1.1 Company Overview
- 11.1.2 Company Snapshot
- 11.1.3 Operating Business Segments
- 11.1.4 Product Portfolio
- 11.1.5 Business Performance
- 11.1.6 Business Segments
- 11.1.7 Geographic Segments
- 11.1.8 Key Strategic Moves And Development
- 11.1.9 Primary Market Competitors
- 11.2 Xiaomi Corporation
- 11.2.1 Company Overview
- 11.2.2 Company Snapshot
- 11.2.3 Operating Business Segments
- 11.2.4 Product Portfolio
- 11.2.5 Business Performance
- 11.2.6 Business Segments
- 11.2.7 Geographic Segments
- 11.2.8 Key Strategic Moves And Development
- 11.2.9 Primary Market Competitors
- 11.3 Samsung Electronics Co. Ltd.
- 11.3.1 Company Overview
- 11.3.2 Company Snapshot
- 11.3.3 Operating Business Segments
- 11.3.4 Product Portfolio
- 11.3.5 Business Performance
- 11.3.6 Business Segments
- 11.3.7 Geographic Segments
- 11.3.8 Key Strategic Moves And Development
- 11.3.9 Primary Market Competitors
- 11.4 Guangdong Oppo Mobile Telecommunications Corp. Ltd.
- 11.4.1 Company Overview
- 11.4.2 Company Snapshot
- 11.4.3 Operating Business Segments
- 11.4.4 Product Portfolio
- 11.4.5 Business Performance
- 11.4.6 Business Segments
- 11.4.7 Geographic Segments
- 11.4.8 Key Strategic Moves And Development
- 11.4.9 Primary Market Competitors
- 11.5 Lenovo Group Limited
- 11.5.1 Company Overview
- 11.5.2 Company Snapshot
- 11.5.3 Operating Business Segments
- 11.5.4 Product Portfolio
- 11.5.5 Business Performance
- 11.5.6 Business Segments
- 11.5.7 Geographic Segments
- 11.5.8 Key Strategic Moves And Development
- 11.5.9 Primary Market Competitors
- 11.6 Zagg Inc.
- 11.6.1 Company Overview
- 11.6.2 Company Snapshot
- 11.6.3 Operating Business Segments
- 11.6.4 Product Portfolio
- 11.6.5 Business Performance
- 11.6.6 Business Segments
- 11.6.7 Geographic Segments
- 11.6.8 Key Strategic Moves And Development
- 11.6.9 Primary Market Competitors
- 11.7 Belkin International Inc.
- 11.7.1 Company Overview
- 11.7.2 Company Snapshot
- 11.7.3 Operating Business Segments
- 11.7.4 Product Portfolio
- 11.7.5 Business Performance
- 11.7.6 Business Segments
- 11.7.7 Geographic Segments
- 11.7.8 Key Strategic Moves And Development
- 11.7.9 Primary Market Competitors
- 11.8 Ambrane Latin America Pvt Ltd.
- 11.8.1 Company Overview
- 11.8.2 Company Snapshot
- 11.8.3 Operating Business Segments
- 11.8.4 Product Portfolio
- 11.8.5 Business Performance
- 11.8.6 Business Segments
- 11.8.7 Geographic Segments
- 11.8.8 Key Strategic Moves And Development
- 11.8.9 Primary Market Competitors
- 11.9 Baseus
- 11.9.1 Company Overview
- 11.9.2 Company Snapshot
- 11.9.3 Operating Business Segments
- 11.9.4 Product Portfolio
- 11.9.5 Business Performance
- 11.9.6 Business Segments
- 11.9.7 Geographic Segments
- 11.9.8 Key Strategic Moves And Development
- 11.9.9 Primary Market Competitors
- 11.10 Veger Power Inc.
- 11.10.1 Company Overview
- 11.10.2 Company Snapshot
- 11.10.3 Operating Business Segments
- 11.10.4 Product Portfolio
- 11.10.5 Business Performance
- 11.10.6 Business Segments
- 11.10.7 Geographic Segments
- 11.10.8 Key Strategic Moves And Development
- 11.10.9 Primary Market Competitors
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