| Product Code: ETC5164297 | 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 automotive components import market saw significant growth in 2024, with top exporters being China, USA, Japan, Taiwan, and Mexico. Despite a moderate concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry is thriving with a high compound annual growth rate (CAGR) of 25.0% from 2020 to 2024. The growth momentum continued in 2024 with a notable growth rate of 10.17% compared to the previous year, showcasing the increasing demand and importance of automotive components in Guatemala`s market.

Guatemala's Automotive Components market is anticipated to experience a growing growth rate of 6.82% by 2027, reflecting trends observed in the largest economy Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Automotive Components Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Components Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Components Market - Industry Life Cycle |
3.4 Guatemala Automotive Components Market - Porter's Five Forces |
3.5 Guatemala Automotive Components Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Guatemala Automotive Components Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Guatemala Automotive Components Market Revenues & Volume Share, By Demand Category, 2021 & 2031F |
4 Guatemala Automotive Components Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for vehicles in Guatemala |
4.2.2 Increasing investments in automotive manufacturing facilities |
4.2.3 Government initiatives promoting the automotive industry |
4.3 Market Restraints |
4.3.1 High import taxes on automotive components |
4.3.2 Limited availability of skilled labor in the automotive sector |
5 Guatemala Automotive Components Market Trends |
6 Guatemala Automotive Components Market Segmentations |
6.1 Guatemala Automotive Components Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Components Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Guatemala Automotive Components Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.1.4 Guatemala Automotive Components Market Revenues & Volume, By Medium & Heavy Commercial Vehicle, 2021-2031F |
6.1.5 Guatemala Automotive Components Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.1.6 Guatemala Automotive Components Market Revenues & Volume, By Three-Wheeler, 2021-2031F |
6.1.7 Guatemala Automotive Components Market Revenues & Volume, By OTR, 2021-2031F |
6.2 Guatemala Automotive Components Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Components Market Revenues & Volume, By Engine Parts, 2021-2031F |
6.2.3 Guatemala Automotive Components Market Revenues & Volume, By Body & Chassis, 2021-2031F |
6.2.4 Guatemala Automotive Components Market Revenues & Volume, By Suspension & Brakes, 2021-2031F |
6.2.5 Guatemala Automotive Components Market Revenues & Volume, By Drive Transmission & Steering Parts, 2021-2031F |
6.2.6 Guatemala Automotive Components Market Revenues & Volume, By Electrical Parts, 2021-2031F |
6.2.7 Guatemala Automotive Components Market Revenues & Volume, By Equipments, 2021-2031F |
6.3 Guatemala Automotive Components Market, By Demand Category |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Components Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Guatemala Automotive Components Market Revenues & Volume, By Replacement, 2021-2031F |
7 Guatemala Automotive Components Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Components Market Export to Major Countries |
7.2 Guatemala Automotive Components Market Imports from Major Countries |
8 Guatemala Automotive Components Market Key Performance Indicators |
8.1 Average age of vehicles in Guatemala |
8.2 Number of automotive manufacturing facilities in the country |
8.3 Percentage of automotive components sourced locally |
9 Guatemala Automotive Components Market - Opportunity Assessment |
9.1 Guatemala Automotive Components Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Guatemala Automotive Components Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Guatemala Automotive Components Market Opportunity Assessment, By Demand Category, 2021 & 2031F |
10 Guatemala Automotive Components Market - Competitive Landscape |
10.1 Guatemala Automotive Components Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Components Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |