| Product Code: ETC7386307 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The automotive retrofit electric vehicle powertrain import shipments to Guatemala have shown significant growth, with a CAGR of 11.36% from 2020 to 2024. In 2024, the top exporting countries to Guatemala include the USA, China, Canada, Mexico, and Japan. Despite the diverse sources, the market remains concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive growth rate of 17.59% from 2023 to 2024 suggests a continued momentum in the importation of electric vehicle powertrains, reflecting a positive trend towards sustainable transportation solutions in Guatemala.

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 Retrofit Electric Vehicle Powertrain Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market - Industry Life Cycle |
3.4 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market - Porter's Five Forces |
3.5 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume Share, By Electric Vehicle Type, 2021 & 2031F |
4 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote the adoption of electric vehicles in Guatemala |
4.2.2 Growing awareness about environmental sustainability and the benefits of using electric vehicles |
4.2.3 Rising fuel prices driving the demand for more fuel-efficient electric powertrains in vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of retrofitting vehicles with electric powertrains |
4.3.2 Limited availability of charging infrastructure in Guatemala |
4.3.3 Lack of skilled technicians and expertise in retrofitting vehicles with electric powertrains |
5 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Trends |
6 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market, By Types |
6.1 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Two Wheelers, 2021- 2031F |
6.1.4 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.1.5 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Inclusive Conversion Kit, 2021- 2031F |
6.2.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Electric Motor, 2021- 2031F |
6.2.4 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Battery, 2021- 2031F |
6.2.5 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Controller, 2021- 2031F |
6.2.6 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Charger, 2021- 2031F |
6.2.7 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market, By Electric Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By All Battery Electric Vehicle, 2021- 2031F |
6.3.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Plug-in Hybrid Vehicle, 2021- 2031F |
6.3.4 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenues & Volume, By Hybrid Vehicle, 2021- 2031F |
7 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Import-Export Trade Statistics |
7.1 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Export to Major Countries |
7.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Imports from Major Countries |
8 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Key Performance Indicators |
8.1 Average cost reduction per retrofit conversion over time |
8.2 Number of new charging stations installed in Guatemala |
8.3 Percentage increase in the number of trained technicians in electric vehicle powertrain retrofitting |
8.4 Improvement in the average range of vehicles after retrofitting with electric powertrains |
8.5 Reduction in greenhouse gas emissions per vehicle retrofit |
9 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market - Opportunity Assessment |
9.1 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Opportunity Assessment, By Electric Vehicle Type, 2021 & 2031F |
10 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market - Competitive Landscape |
10.1 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Automotive Retrofit Electric Vehicle Powertrain Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |