| Product Code: ETC4832861 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s import shipments of armored vehicles in 2024 saw significant contributions from top exporting countries including Mexico, USA, Italy, China, and Brazil. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a remarkable compound annual growth rate (CAGR) of 56.44% from 2020 to 2024, the industry experienced rapid expansion. The impressive growth rate of 37.0% from 2023 to 2024 further demonstrates the increasing demand for armored vehicles in Guatemala. The consistent import trends highlight the importance of these strategic partnerships for meeting security needs in the region.

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 Armored Vehicles Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Armored Vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Armored Vehicles Market - Industry Life Cycle |
3.4 Guatemala Armored Vehicles Market - Porter's Five Forces |
3.5 Guatemala Armored Vehicles Market Revenues & Volume Share, By Platform, 2021 & 2031F |
3.6 Guatemala Armored Vehicles Market Revenues & Volume Share, By Mobility, 2021 & 2031F |
3.7 Guatemala Armored Vehicles Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Guatemala Armored Vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing crime rates and security concerns in Guatemala |
4.2.2 Growth in government spending on defense and security infrastructure |
4.2.3 Rising demand for armored vehicles from VIPs, corporates, and NGOs operating in high-risk areas |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs of armored vehicles |
4.3.2 Limited technological advancements in the local armored vehicles industry |
4.3.3 Stringent regulations and licensing requirements for armored vehicle procurement |
5 Guatemala Armored Vehicles Market Trends |
6 Guatemala Armored Vehicles Market Segmentations |
6.1 Guatemala Armored Vehicles Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Armored Vehicles Market Revenues & Volume, By Combat Vehicles, 2021-2031F |
6.1.3 Guatemala Armored Vehicles Market Revenues & Volume, By Combat Support Vehicles, 2021-2031F |
6.1.4 Guatemala Armored Vehicles Market Revenues & Volume, By Unmanned Armored Ground Vehicles, 2021-2031F |
6.2 Guatemala Armored Vehicles Market, By Mobility |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Armored Vehicles Market Revenues & Volume, By Wheeled, 2021-2031F |
6.2.3 Guatemala Armored Vehicles Market Revenues & Volume, By Tracked, 2021-2031F |
6.3 Guatemala Armored Vehicles Market, By System |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Armored Vehicles Market Revenues & Volume, By Engine, 2021-2031F |
6.3.3 Guatemala Armored Vehicles Market Revenues & Volume, By Drive Systems, 2021-2031F |
6.3.4 Guatemala Armored Vehicles Market Revenues & Volume, By Ballistic Armor, 2021-2031F |
6.3.5 Guatemala Armored Vehicles Market Revenues & Volume, By C2 Systems, 2021-2031F |
6.3.6 Guatemala Armored Vehicles Market Revenues & Volume, By Mode of Operation, 2021-2031F |
7 Guatemala Armored Vehicles Market Import-Export Trade Statistics |
7.1 Guatemala Armored Vehicles Market Export to Major Countries |
7.2 Guatemala Armored Vehicles Market Imports from Major Countries |
8 Guatemala Armored Vehicles Market Key Performance Indicators |
8.1 Number of reported incidents of crime or security threats in Guatemala |
8.2 Government budget allocation for defense and security purposes |
8.3 Number of high-profile individuals or organizations seeking armored vehicle protection |
8.4 Average response time of authorities to security incidents |
8.5 Rate of adoption of advanced security technologies in armored vehicles |
9 Guatemala Armored Vehicles Market - Opportunity Assessment |
9.1 Guatemala Armored Vehicles Market Opportunity Assessment, By Platform, 2021 & 2031F |
9.2 Guatemala Armored Vehicles Market Opportunity Assessment, By Mobility, 2021 & 2031F |
9.3 Guatemala Armored Vehicles Market Opportunity Assessment, By System, 2021 & 2031F |
10 Guatemala Armored Vehicles Market - Competitive Landscape |
10.1 Guatemala Armored Vehicles Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Armored Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |