LATAM Power Sports Market Size & Outlook, 2025-2033

LATAM Power Sports Market Insights

As per Deep Market Insights insights, LATAM’s Power Sports Market was valued at USD 4.53 Billion in 2024 and is anticipated to expand to USD 7.83 Billion by 2033.
From 2025 to 2033, the market is anticipated to expand at a CAGR of 6.22%.
Within Vehicle Type, All-terrain vehicles (ATVs) accounted for the largest market size in 2024.
During the forecast period, All-terrain vehicles (ATVs) is anticipated to remain the highest-growth segment within the Vehicle Type category.

The global Power Sports Market size saw LATAM holding a share of 8.33% in 2024.
United States is forecasted to account for the leading share of the global market by 2033.
In LATAM, Chile is forecasted to be the fastest-expanding market, projected to reach USD 10.98 Billion by 2033.

Report Scope	Details
Base Year for Study	2024
Study Period	2021-2033
Historical Period	2021-2023
Forecast Period	2025-2033
Market Size In 2024	USD 4.53 Billion
Market Size In 2033	USD 7.83 Billion
Largest segment	All-terrain vehicles (ATVs)
Units	Revenue in USD Billion
CAGR	6.22% (2025-2033)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends

Segments	Sub Segments
LATAM	Brazil Mexico Argentina Colombia Chile
Vehicle Type	All-terrain vehicles (ATVs) Snowmobiles Personal watercraft (PWC) Off-road motorcycles
Propulsion	Gasoline Electric / Hybrid
Distribution Channel	Dealerships Online retail Specialty stores