| Product Code: ETC5881946 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala continues to see a growing demand for electric vehicle range extenders, with import shipments mainly coming from China, USA, Vietnam, Germany, and Israel in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The industry has shown a strong compound annual growth rate (CAGR) of 22.93% from 2020 to 2024, with a notable growth rate of 22.73% from 2023 to 2024. This trend suggests a promising market for electric vehicle range extenders in Guatemala, driven by a diverse range of exporters.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Guatemala Electric Vehicle Range Extender Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Electric Vehicle Range Extender Market - Industry Life Cycle |
3.4 Guatemala Electric Vehicle Range Extender Market - Porter's Five Forces |
3.5 Guatemala Electric Vehicle Range Extender Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Electric Vehicle Range Extender Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Guatemala Electric Vehicle Range Extender Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Guatemala Electric Vehicle Range Extender Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for electric vehicles adoption in Guatemala. |
4.2.2 Growing awareness about environmental sustainability and the benefits of using electric vehicles. |
4.2.3 Technological advancements leading to improved performance and range of electric vehicle range extenders. |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and range extenders in Guatemala. |
4.3.2 Lack of charging infrastructure and range anxiety among consumers. |
4.3.3 Limited availability and variety of electric vehicle models and range extender options in the market. |
5 Guatemala Electric Vehicle Range Extender Market Trends |
6 Guatemala Electric Vehicle Range Extender Market Segmentations |
6.1 Guatemala Electric Vehicle Range Extender Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By ICE Range Extender, 2021-2031F |
6.1.3 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Fuel Cell Range Extender, 2021-2031F |
6.1.4 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Electric Vehicle Range Extender Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Battery Pack, 2021-2031F |
6.2.3 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Generator, 2021-2031F |
6.2.4 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Power Converter, 2021-2031F |
6.2.5 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By Electric Motor, 2021-2031F |
6.3 Guatemala Electric Vehicle Range Extender Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By PC , 2021-2031F |
6.3.3 Guatemala Electric Vehicle Range Extender Market Revenues & Volume, By CV, 2021-2031F |
7 Guatemala Electric Vehicle Range Extender Market Import-Export Trade Statistics |
7.1 Guatemala Electric Vehicle Range Extender Market Export to Major Countries |
7.2 Guatemala Electric Vehicle Range Extender Market Imports from Major Countries |
8 Guatemala Electric Vehicle Range Extender Market Key Performance Indicators |
8.1 Average charging time for electric vehicles in Guatemala. |
8.2 Number of public charging stations installed in the country. |
8.3 Percentage increase in the adoption rate of electric vehicles in Guatemala. |
8.4 Average range improvement achieved by using range extenders in electric vehicles. |
8.5 Investment in research and development for enhancing electric vehicle range extender technology. |
9 Guatemala Electric Vehicle Range Extender Market - Opportunity Assessment |
9.1 Guatemala Electric Vehicle Range Extender Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Electric Vehicle Range Extender Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Guatemala Electric Vehicle Range Extender Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Guatemala Electric Vehicle Range Extender Market - Competitive Landscape |
10.1 Guatemala Electric Vehicle Range Extender Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Electric Vehicle Range Extender Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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