| Product Code: ETC7389744 | 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 |
Guatemala`s import shipments of crystalline silicon solar PV panels saw significant growth in 2024, with top exporters including China, USA, Hong Kong, Germany, and Spain. The industry continues to experience high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 67.94% from 2020 to 2024 highlights the expanding demand for solar energy solutions in Guatemala. Moreover, the notable growth rate of 42.97% from 2023 to 2024 underscores the accelerating pace of adoption and investment in solar PV technology in the country.
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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 Crystalline Silicon Solar PV Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Crystalline Silicon Solar PV Market - Industry Life Cycle |
3.4 Guatemala Crystalline Silicon Solar PV Market - Porter's Five Forces |
3.5 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Guatemala Crystalline Silicon Solar PV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote renewable energy adoption. |
4.2.2 Growing awareness and concern for environmental sustainability. |
4.2.3 Technological advancements leading to improved efficiency and cost-effectiveness in crystalline silicon solar PV systems. |
4.3 Market Restraints |
4.3.1 High initial installation costs of crystalline silicon solar PV systems. |
4.3.2 Lack of skilled workforce for installation and maintenance of solar PV systems. |
4.3.3 Dependence on imported raw materials for manufacturing crystalline silicon solar panels. |
5 Guatemala Crystalline Silicon Solar PV Market Trends |
6 Guatemala Crystalline Silicon Solar PV Market, By Types |
6.1 Guatemala Crystalline Silicon Solar PV Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Mono-Crystalline, 2021- 2031F |
6.1.4 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Poly-Crystalline or Multi Crystalline, 2021- 2031F |
6.2 Guatemala Crystalline Silicon Solar PV Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.4 Guatemala Crystalline Silicon Solar PV Market Revenues & Volume, By Utility Scale, 2021- 2031F |
7 Guatemala Crystalline Silicon Solar PV Market Import-Export Trade Statistics |
7.1 Guatemala Crystalline Silicon Solar PV Market Export to Major Countries |
7.2 Guatemala Crystalline Silicon Solar PV Market Imports from Major Countries |
8 Guatemala Crystalline Silicon Solar PV Market Key Performance Indicators |
8.1 Average cost per watt of crystalline silicon solar PV systems. |
8.2 Capacity utilization rate of local solar PV installation companies. |
8.3 Number of training programs and certifications offered for solar PV system installation and maintenance. |
9 Guatemala Crystalline Silicon Solar PV Market - Opportunity Assessment |
9.1 Guatemala Crystalline Silicon Solar PV Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Crystalline Silicon Solar PV Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Guatemala Crystalline Silicon Solar PV Market - Competitive Landscape |
10.1 Guatemala Crystalline Silicon Solar PV Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Crystalline Silicon Solar PV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |