| Product Code: ETC11118695 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Guatemala automotive motor import market saw significant growth in 2024, with top exporters being the USA, China, Germany, Italy, and Mexico. The market concentration, as measured by the HHI, decreased from high to moderate in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 33.19% from 2020 to 2024 highlights the increasing demand for automotive motors in Guatemala. Moreover, the solid growth rate of 28.77% from 2023 to 2024 suggests a continued positive momentum in the market, offering opportunities for both domestic and international players.

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 Motor Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Motor Market - Industry Life Cycle |
3.4 Guatemala Automotive Motor Market - Porter's Five Forces |
3.5 Guatemala Automotive Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Automotive Motor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Guatemala Automotive Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Automotive Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Economic growth and rising disposable income in Guatemala leading to increased demand for vehicles. |
4.2.2 Government initiatives and investments in infrastructure development stimulating demand for automotive motors. |
4.2.3 Technological advancements and innovation driving the adoption of more efficient and sustainable automotive motors. |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes impacting the cost of automotive motors in Guatemala. |
4.3.2 Fluctuating fuel prices affecting consumer preferences towards more fuel-efficient motors. |
4.3.3 Limited availability of skilled workforce for the automotive industry hindering market growth. |
5 Guatemala Automotive Motor Market Trends |
6 Guatemala Automotive Motor Market, By Types |
6.1 Guatemala Automotive Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Motor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Automotive Motor Market Revenues & Volume, By AC Motors, 2021 - 2031F |
6.1.4 Guatemala Automotive Motor Market Revenues & Volume, By DC Motors, 2021 - 2031F |
6.1.5 Guatemala Automotive Motor Market Revenues & Volume, By BLDC Motors, 2021 - 2031F |
6.1.6 Guatemala Automotive Motor Market Revenues & Volume, By Stepper Motors, 2021 - 2031F |
6.2 Guatemala Automotive Motor Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Motor Market Revenues & Volume, By Induction Motors, 2021 - 2031F |
6.2.3 Guatemala Automotive Motor Market Revenues & Volume, By Permanent Magnet, 2021 - 2031F |
6.2.4 Guatemala Automotive Motor Market Revenues & Volume, By Brushless, 2021 - 2031F |
6.2.5 Guatemala Automotive Motor Market Revenues & Volume, By Stepper Technology, 2021 - 2031F |
6.3 Guatemala Automotive Motor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Motor Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.3 Guatemala Automotive Motor Market Revenues & Volume, By Hybrid Vehicles, 2021 - 2031F |
6.3.4 Guatemala Automotive Motor Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.5 Guatemala Automotive Motor Market Revenues & Volume, By Infotainment Systems, 2021 - 2031F |
7 Guatemala Automotive Motor Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Motor Market Export to Major Countries |
7.2 Guatemala Automotive Motor Market Imports from Major Countries |
8 Guatemala Automotive Motor Market Key Performance Indicators |
8.1 Average age of vehicles in Guatemala. |
8.2 Adoption rate of electric or hybrid motors in the market. |
8.3 Investment in research and development for automotive motor technologies. |
8.4 Number of automotive motor patents filed in Guatemala. |
8.5 Percentage of vehicles using locally manufactured motors. |
9 Guatemala Automotive Motor Market - Opportunity Assessment |
9.1 Guatemala Automotive Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Automotive Motor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Guatemala Automotive Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Automotive Motor Market - Competitive Landscape |
10.1 Guatemala Automotive Motor Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |