| Product Code: ETC7386423 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Guatemala continued to see a steady flow of automotive in-wheel motors import shipments, with top exporters being the USA, China, Germany, Italy, and Taiwan. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained moderate, indicating a competitive landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stood at a respectable 2.81%, suggesting a stable trajectory for the market. The diverse mix of exporting countries highlights the global interest in Guatemala`s automotive sector.

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 in Wheel Motors Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive in Wheel Motors Market - Industry Life Cycle |
3.4 Guatemala Automotive in Wheel Motors Market - Porter's Five Forces |
3.5 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Cooling Type, 2021 & 2031F |
3.7 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.8 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.9 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.10 Guatemala Automotive in Wheel Motors Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Automotive in Wheel Motors Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Guatemala |
4.2.2 Government incentives and subsidies for promoting clean energy transportation solutions |
4.2.3 Growing concerns regarding environmental pollution and carbon emissions |
4.3 Market Restraints |
4.3.1 High initial costs associated with in-wheel motor technology |
4.3.2 Limited charging infrastructure for electric vehicles in Guatemala |
4.3.3 Lack of awareness and education about the benefits of in-wheel motors |
5 Guatemala Automotive in Wheel Motors Market Trends |
6 Guatemala Automotive in Wheel Motors Market, By Types |
6.1 Guatemala Automotive in Wheel Motors Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Suspension, 2021- 2031F |
6.1.4 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Rotor and Stator, 2021- 2031F |
6.1.5 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Wheel Bearings, 2021- 2031F |
6.1.6 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Regenerative Braking System, 2021- 2031F |
6.2 Guatemala Automotive in Wheel Motors Market, By Cooling Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Air Cooling, 2021- 2031F |
6.2.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Liquid Cooling, 2021- 2031F |
6.3 Guatemala Automotive in Wheel Motors Market, By Motor Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Axial Flux Motor, 2021- 2031F |
6.3.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Radial Flux Motor, 2021- 2031F |
6.4 Guatemala Automotive in Wheel Motors Market, By Power Output |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Up to 60 KW, 2021- 2031F |
6.4.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By 60-90 KW, 2021- 2031F |
6.4.4 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Above 90 KW, 2021- 2031F |
6.5 Guatemala Automotive in Wheel Motors Market, By Propulsion Type |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021- 2031F |
6.5.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021- 2031F |
6.5.4 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Hybrid Electric Vehicle (HEV), 2021- 2031F |
6.5.5 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Plug-In Hybrid Electric Vehicle (PHEV), 2021- 2031F |
6.6 Guatemala Automotive in Wheel Motors Market, By Vehicle Type |
6.6.1 Overview and Analysis |
6.6.2 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.6.3 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021- 2031F |
6.6.4 Guatemala Automotive in Wheel Motors Market Revenues & Volume, By Heavy Commercial Vehicles (HCVs), 2021- 2031F |
7 Guatemala Automotive in Wheel Motors Market Import-Export Trade Statistics |
7.1 Guatemala Automotive in Wheel Motors Market Export to Major Countries |
7.2 Guatemala Automotive in Wheel Motors Market Imports from Major Countries |
8 Guatemala Automotive in Wheel Motors Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in Guatemala |
8.2 Number of government policies supporting the use of electric vehicles |
8.3 Growth in the number of charging stations for electric vehicles |
8.4 Research and development investment in in-wheel motor technology |
8.5 Percentage of automotive manufacturers in Guatemala incorporating in-wheel motors in their vehicles |
9 Guatemala Automotive in Wheel Motors Market - Opportunity Assessment |
9.1 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Cooling Type, 2021 & 2031F |
9.3 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.4 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.5 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.6 Guatemala Automotive in Wheel Motors Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Automotive in Wheel Motors Market - Competitive Landscape |
10.1 Guatemala Automotive in Wheel Motors Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive in Wheel Motors Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |