| Product Code: ETC11841959 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Guatemala saw a diverse range of electric traction motor imports from top exporting countries including Mexico, USA, Germany, Brazil, and China. Despite the varied sources, the market remained competitively distributed with low concentration according to the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 4.84%, indicating a steady upward trend in import volumes. However, there was a notable decline in growth rate from 2023 to 2024 at -28.38%, suggesting a temporary setback that may warrant further investigation.

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 Electric Traction Motor Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Electric Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Electric Traction Motor Market - Industry Life Cycle |
3.4 Guatemala Electric Traction Motor Market - Porter's Five Forces |
3.5 Guatemala Electric Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Electric Traction Motor Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Guatemala Electric Traction Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guatemala Electric Traction Motor Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.9 Guatemala Electric Traction Motor Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guatemala Electric Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting the adoption of electric vehicles for environmental sustainability |
4.2.2 Increasing focus on reducing carbon emissions in the transportation sector |
4.2.3 Rising fuel costs leading to the demand for more energy-efficient electric traction motors |
4.3 Market Restraints |
4.3.1 High initial costs associated with electric traction motors and infrastructure |
4.3.2 Limited availability of charging infrastructure in Guatemala |
4.3.3 Technological limitations impacting the efficiency and performance of electric traction motors |
5 Guatemala Electric Traction Motor Market Trends |
6 Guatemala Electric Traction Motor Market, By Types |
6.1 Guatemala Electric Traction Motor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Electric Traction Motor Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Electric Traction Motor Market Revenues & Volume, By AC Motor, 2021 - 2031F |
6.1.4 Guatemala Electric Traction Motor Market Revenues & Volume, By DC Motor, 2021 - 2031F |
6.1.5 Guatemala Electric Traction Motor Market Revenues & Volume, By PMSM, 2021 - 2031F |
6.1.6 Guatemala Electric Traction Motor Market Revenues & Volume, By Synchronous Reluctance Motor, 2021 - 2031F |
6.2 Guatemala Electric Traction Motor Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Electric Traction Motor Market Revenues & Volume, By <100 kW, 2021 - 2031F |
6.2.3 Guatemala Electric Traction Motor Market Revenues & Volume, By 100-250 kW, 2021 - 2031F |
6.2.4 Guatemala Electric Traction Motor Market Revenues & Volume, By 250-500 kW, 2021 - 2031F |
6.2.5 Guatemala Electric Traction Motor Market Revenues & Volume, By >500 kW, 2021 - 2031F |
6.3 Guatemala Electric Traction Motor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Electric Traction Motor Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.3 Guatemala Electric Traction Motor Market Revenues & Volume, By Hybrid Vehicles, 2021 - 2031F |
6.3.4 Guatemala Electric Traction Motor Market Revenues & Volume, By Rail Transport, 2021 - 2031F |
6.3.5 Guatemala Electric Traction Motor Market Revenues & Volume, By Industrial Machinery, 2021 - 2031F |
6.4 Guatemala Electric Traction Motor Market, By Features |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Electric Traction Motor Market Revenues & Volume, By High Efficiency, 2021 - 2031F |
6.4.3 Guatemala Electric Traction Motor Market Revenues & Volume, By Low Maintenance, 2021 - 2031F |
6.4.4 Guatemala Electric Traction Motor Market Revenues & Volume, By High Torque Density, 2021 - 2031F |
6.4.5 Guatemala Electric Traction Motor Market Revenues & Volume, By Reduced Energy Loss, 2021 - 2031F |
6.5 Guatemala Electric Traction Motor Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Electric Traction Motor Market Revenues & Volume, By Automakers, 2021 - 2031F |
6.5.3 Guatemala Electric Traction Motor Market Revenues & Volume, By Public Transport, 2021 - 2031F |
6.5.4 Guatemala Electric Traction Motor Market Revenues & Volume, By Railway Operators, 2021 - 2031F |
6.5.5 Guatemala Electric Traction Motor Market Revenues & Volume, By Heavy Equipment Manufacturers, 2021 - 2031F |
7 Guatemala Electric Traction Motor Market Import-Export Trade Statistics |
7.1 Guatemala Electric Traction Motor Market Export to Major Countries |
7.2 Guatemala Electric Traction Motor Market Imports from Major Countries |
8 Guatemala Electric Traction Motor Market Key Performance Indicators |
8.1 Average energy consumption per unit of distance traveled by electric vehicles in Guatemala |
8.2 Number of new charging stations installed in key cities |
8.3 Percentage increase in the adoption rate of electric vehicles in the transportation sector |
9 Guatemala Electric Traction Motor Market - Opportunity Assessment |
9.1 Guatemala Electric Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Electric Traction Motor Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Guatemala Electric Traction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guatemala Electric Traction Motor Market Opportunity Assessment, By Features, 2021 & 2031F |
9.5 Guatemala Electric Traction Motor Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guatemala Electric Traction Motor Market - Competitive Landscape |
10.1 Guatemala Electric Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Electric Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |