The South and Central America Motive Lead-Acid Battery Market size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 4.00">> 4.00 % during the forecasts periods.Motive lead-acid battery markets in South and Central America account for part of the region's automotive and industrial sectors, with applications in trucks, buses, forklifts, and heavy equipment. Lead-acid batteries have become popular in this region because they are dependable, affordable, and offer enormous amounts of power needed by an engine during startup and for use by an electrical system with demanding requirements. Countries with a notable need for industrial activities and large transportation requirements are Brazil, Mexico, Argentina, and Chile, amongst other nations. Brazil, by virtue of being the largest South American economy, needs motive lead-acid batteries for its large commercial vehicle fleet and manufacturing operations. Notably, its agricultural sector relies on lead-acid motive power for machinery that is needed in the planting of crops and logistics. Likewise, Mexico and Argentina use a great deal of lead in mining and manufacturing, where strong yet affordable power solutions are needed daily for production. Government policies for automotive manufacturing, including ancillary industries, together with other regulatory policies, play a huge role in market determination. Reforms in the areas of incentives for vehicle production and infrastructure development spur the demand for motive lead-acid batteries, thereby supporting local production and imports by global manufacturers. Recent developments include: In November 2022, BorgWarner Inc., an American automotive supplier, announced the production of an ultra-high energy (UHE) battery system AKASystem AKM CYC to serve local customers of Brazil. The start of operations and assembly of the battery systems are planned for the first quarter of 2023., In November 2022, BYD Inc. signed a letter of intent with the local government of Camacari, in the state of Bahia, Brazil, to set up a manufacturing facility for electric vehicles and for processing raw battery materials. The company plans to begin the facility's construction by the end of 2023. The manufacturing plant will have two production lines - one dedicated to raw battery materials preparation and the other focusing on manufacturing electric buses and trucks.. Key drivers for this market are: 4., Declining Lithium-Ion Battery Prices4.; Increasing Adoption Of Electric Vehicles. Potential restraints include: 4., Safety Concerns Related To Lithium-Ion Battery. Notable trends are: Lithium-ion Batteries to Dominate the Market.

In South America, Brazil was by far the leading country in the number of new vehicles registered or sold in 2024. That year, more than *** million new vehicles were sold or registered in the Portuguese-speaking country. Argentina followed, with some ******* units. Both countries are key markets for the Latin American automotive industry.

Access South America Micro Electric Vehicle Industry Overview which includes South America country analysis of (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America), market split by Battery Type, Vehicle Type, Power Source, Application

Mexico is the largest motor vehicle manufacturer in Latin America, based on the number of units. In 2024, the North American country produced approximately *** million vehicles, of which over *** million units were classified as commercial vehicles. Brazil, on the other hand, was the largest producer of passenger cars in the region, with just under *** million automobiles produced that year.

Latin America's Electric Car market was USD 20771.13 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. The market is foreseen to reach USD 37734.0 million by 2031 due to the increasing availability and accessibility of electric vehicles as more are added to fleets for car sharing and rentals.

In 2024, approximately ******* vehicles were sold in the South American country, a decrease of around three percent in comparison to the previous year. The highest recorded sales and registrations were in 2013, when over ******* commercial vehicles were registered or sold.

In 2021, the number of heavy vehicles for cargo transportation registered in Colombia amounted to under 6,600 vehicles. During that year, the trailer truck segment represented around 38 percent of the total heavy cargo vehicles registered.

The Latin American Automated Guided Vehicle (AGV) market is experiencing robust growth, projected to expand significantly over the forecast period (2025-2033). Driven by increasing automation needs across key sectors like food & beverage, automotive, and e-commerce fulfillment, the region is witnessing a rapid adoption of AGVs to enhance efficiency, productivity, and safety in warehousing and manufacturing facilities. The market's Compound Annual Growth Rate (CAGR) of 29.70% reflects this strong upward trajectory. Key drivers include the rising demand for improved supply chain management, labor shortages, and the need for reduced operational costs. The prevalence of e-commerce and the subsequent growth in last-mile delivery solutions are also contributing factors. While initial investment costs might present a restraint for some businesses, the long-term return on investment (ROI) offered by AGVs is proving compelling. Furthermore, technological advancements leading to more sophisticated and versatile AGV systems are fueling market expansion. The segment encompassing automated forklifts and tow tractors holds significant market share, reflecting the prevalent need for material handling solutions in various industries. Brazil, Mexico, and Argentina are expected to be the leading markets within Latin America, fueled by robust industrial growth and supportive government initiatives promoting automation. The diverse range of AGV types available, including automated forklifts, tow tractors, and unit load vehicles, caters to the specific needs of different industries. Companies like ABB, Dematic, and KUKA, along with several regional players, are actively contributing to the market's expansion through product innovation and strategic partnerships. The pharmaceutical and electronics sectors are emerging as significant adopters, driven by the need for precise and efficient material handling in controlled environments. While challenges remain, such as the need for skilled labor for AGV implementation and maintenance, the overall market outlook for AGVs in Latin America remains positive, promising considerable growth opportunities for both established players and new entrants in the coming years. Recent developments include: November 2020 - Mitsubishi Electric has launched its Assista collaborative robot and AGV in Latin America. The Assista Collaborative Robot is built to be an industrial-grade collaborative robot for a cooperative environment., August 2020 - Geek+ Inc is expanding with its first South American project, following the US & Mexico deployments. The company announced its expansion into South America with its first automation project, providing intelligent logistics solutions to Walmart Chile, the largest supermarket chain in the country.. Key drivers for this market are: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Potential restraints include: High Initial Investment, Limitation of Real-time Wireless Control Due to Communication Delays. Notable trends are: Retail Industry is Expected to Hold Significant Market Share.

Discover the booming South & Central America motive lead-acid battery market. This in-depth analysis reveals market size, CAGR, key drivers, trends, restraints, and leading companies like BYD and EnerSys. Explore regional breakdowns and future forecasts to 2033. Recent developments include: In November 2022, BorgWarner Inc., an American automotive supplier, announced the production of an ultra-high energy (UHE) battery system AKASystem AKM CYC to serve local customers of Brazil. The start of operations and assembly of the battery systems are planned for the first quarter of 2023., In November 2022, BYD Inc. signed a letter of intent with the local government of Camacari, in the state of Bahia, Brazil, to set up a manufacturing facility for electric vehicles and for processing raw battery materials. The company plans to begin the facility's construction by the end of 2023. The manufacturing plant will have two production lines - one dedicated to raw battery materials preparation and the other focusing on manufacturing electric buses and trucks.. Notable trends are: Lithium-ion Batteries to Dominate the Market.

The electric vehicles revenue in the electric vehicles market in Colombia was modeled to be 17.49 million U.S. dollars in 2017. This is higher than in 2016, when the electric vehicles revenue had been 17.11 million U.S. dollars.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Electric Vehicles.

The electric vehicles revenue in the electric vehicles market in Costa Rica was modeled to stand at 3.3 million U.S. dollars in 2017. This is lower than in 2016, when the electric vehicles revenue had been 11.48 million U.S. dollars.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Electric Vehicles.

Discover the explosive growth of the Latin America & Middle East/Africa Automated Guided Vehicle (AGV) market. This comprehensive analysis reveals key drivers, trends, and restraints impacting this $750 million (2025 est.) sector, featuring top players like KUKA and ABB. Learn about projected CAGR, regional market share, and future opportunities. Recent developments include: November 2020 - Mitsubishi Electric has launched its Assista collaborative robot and AGV in Latin America. The Assista Collaborative Robot is built to be an industrial-grade collaborative robot for a cooperative environment., August 2020 - Geek+ Inc is expanding with its first South American project, following the US & Mexico deployments. The company announced its expansion into South America with its first automation project, providing intelligent logistics solutions to Walmart Chile, the largest supermarket chain in the country.. Key drivers for this market are: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Potential restraints include: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Notable trends are: Retail Industry is Expected to Hold Significant Market Share.

Snapshot img

Automotive Central Gateway Module Market Size 2024-2028

The automotive central gateway module market size is forecast to increase by USD 1.28 billion at a CAGR of 7.37% between 2023 and 2028.

The automotive central gateway module (CGM) market is witnessing significant growth due to several key factors. One of the primary drivers is the increasing government support to promote the development and adoption of electric vehicles (EVs). Governments worldwide are investing in EV infrastructure and incentives, creating a favorable environment for market growth. Additionally, the development of integrated cybersecurity solutions is another trend In the CGM market. As vehicles become more connected, the need for strong security measures to protect against cyber threats is becoming increasingly important.
The market's expansion is fueled by the growing demand for vehicle electrification, novel technologies such as artificial intelligence and machine learning, and structural changes In the automotive industry. However, one challenge facing the market is the low consumer awareness toward advanced safety technologies. Despite the benefits of CGMs in enhancing vehicle safety and security, many consumers are not yet fully informed about these technologies. This lack of awareness may inhibit revenue growth In the short term. Overall, the CGM market is poised for growth, driven by government support, cybersecurity solutions, and the increasing adoption of EVs.

What will be the Size of the Automotive Central Gateway Module Market During the Forecast Period?

Request Free Sample

The market is experiencing significant growth, driven by the increasing integration of powertrain, safety, comfort, infotainment, and data sharing features in vehicles. Central gateway modules serve as the nerve center of modern vehicles, facilitating communication and control between various systems, including advanced driver assistance, electric powertrains, and infotainment systems. Automotive original equipment manufacturers (OEMs) are investing heavily in central gateway modules to enhance driver convenience, improve vehicle weight and emissions, and offer advanced safety features.
The market's size is expected to grow substantially due to the increasing adoption of level 2 active safety systems and the integration of robotic efficiency In the manufacturing process. Central gateway modules play a crucial role in enabling seamless data sharing and communication between vehicle components, contributing to revenue growth for OEMs and suppliers alike.

How is this Automotive Central Gateway Module Industry segmented and which is the largest segment?

The automotive central gateway module industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Passenger cars
  Commercial vehicles


Type

  LIN central gateway module
  CAN central gateway module
  Ethernet central gateway module


Geography

  APAC

    China
    India
    Japan


  North America

    US


  Europe

    Germany


  South America



  Middle East and Africa

By Application Insights

The passenger cars segment is estimated to witness significant growth during the forecast period.

The automotive central gateway module (CGM) market is experiencing significant growth, particularly In the passenger car segment. Automakers prioritize enhancing vehicle safety and are integrating advanced safety functions that necessitate secure communications. Over the last decade, passenger vehicles have undergone substantial electrification, with the adoption of advanced features in safety, security, propulsion, connectivity, and environmental sustainability. These advancements are driven by escalating consumer expectations, intensifying competition among OEMs to maintain market share, and regulatory demands for enhanced safety, fuel efficiency, and security features. The automotive CGM market's growth is further fueled by the integration of electric vehicles (EVs), telematics, autonomous vehicles, and vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication systems.

The market's complexity arises from stringent regulations, low-cost suppliers, and the need for scalability, product innovation, and product features. Novel technologies, such as artificial intelligence (AI) and machine learning, are transforming manufacturing processes, ensuring robotic efficiency, accuracy, and consistency. Despite delays in technology implementation and economic uncertainties, the market's revenue growth is expected to continue, particularly in developing economies and public transport sectors.

Get a glance at the market report of share of various segments Request Free Sample

The passenger cars segment was valued

Central Vehicle Computer Reference Platform Market Outlook

According to our latest research, the Global Central Vehicle Computer Reference Platform market size was valued at $2.8 billion in 2024 and is projected to reach $10.5 billion by 2033, expanding at a robust CAGR of 15.7% during 2024–2033. This remarkable growth trajectory is primarily attributed to the accelerating integration of advanced electronics and software-defined architectures in modern vehicles, which is fundamentally reshaping the automotive industry’s approach to vehicle computing and connectivity. As automakers and technology providers race to deliver safer, more connected, and increasingly autonomous vehicles, the demand for centralized computing platforms—capable of managing complex vehicle functions and enabling real-time data processing—has surged, creating a dynamic and competitive market landscape globally.

Regional Outlook

North America currently commands the largest share of the global Central Vehicle Computer Reference Platform market, accounting for over 35% of total revenue in 2024. This dominance is underpinned by the region’s mature automotive sector, early adoption of cutting-edge vehicle technologies, and the presence of leading OEMs and Tier 1 suppliers who are aggressively investing in next-generation vehicle architectures. Furthermore, favorable regulatory frameworks promoting vehicle safety and emission standards, coupled with robust R&D ecosystems in the United States and Canada, have accelerated the deployment of centralized computing solutions in both passenger and commercial vehicles. The region’s strong focus on autonomous driving and connected vehicle initiatives further cements its leadership position in the global market.

Asia Pacific is poised to be the fastest-growing region in the Central Vehicle Computer Reference Platform market, projected to register a CAGR of 18.2% through 2033. The explosive growth in this region is driven by rapid urbanization, rising disposable incomes, and the swift electrification of vehicle fleets, particularly in China, Japan, and South Korea. Major automotive manufacturers are ramping up investments in smart vehicle infrastructure, while governments are offering substantial incentives to promote electric and autonomous vehicle adoption. The proliferation of domestic technology startups specializing in automotive software and hardware components is further fueling innovation and market expansion across the Asia Pacific landscape.

Emerging economies in Latin America and the Middle East & Africa are also witnessing a gradual uptick in the adoption of central vehicle computer reference platforms, albeit at a slower pace compared to mature markets. These regions face unique challenges such as limited infrastructure, lower consumer purchasing power, and a lack of standardized regulations, which can hinder widespread deployment. However, localized demand for advanced safety features, infotainment solutions, and connectivity is rising as consumers become more tech-savvy and as governments introduce policies to modernize their automotive sectors. Over time, strategic partnerships with global OEMs and technology providers are expected to help bridge the adoption gap in these emerging markets.

Report Scope

Discover the booming Latin American Automated Guided Vehicle (AGV) market. This in-depth analysis reveals a 29.70% CAGR, driven by e-commerce, automation needs, and labor shortages. Explore key players, market segments, and future growth projections for Brazil, Mexico, and beyond. Recent developments include: November 2020 - Mitsubishi Electric has launched its Assista collaborative robot and AGV in Latin America. The Assista Collaborative Robot is built to be an industrial-grade collaborative robot for a cooperative environment., August 2020 - Geek+ Inc is expanding with its first South American project, following the US & Mexico deployments. The company announced its expansion into South America with its first automation project, providing intelligent logistics solutions to Walmart Chile, the largest supermarket chain in the country.. Key drivers for this market are: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Potential restraints include: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Notable trends are: Retail Industry is Expected to Hold Significant Market Share.

In 2024, Japan's automakers manufactured approximately **** million vehicles at production facilities located in Central- and South America, increasing from around **** million units in the previous year. The overseas production volume of Japanese automobile manufacturers decreased globally in 2024.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period