Guatemala Electric Vehicle Battery Market (2025-2031) | Revenue, Industry, Companies, Size, Value, Growth, Analysis, Segmentation, Outlook, Trends, Share & Forecast
Market Forecast By Vehicle Type (Passenger Car, Commercial Vehicle, Two-Wheeler), By Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Battery Type (Lead Acid Battery, Nickel Metal Hydride Battery, Lithium ion Battery) And Competitive Landscape
| Product Code: ETC4832595 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala Electric Vehicle Battery Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of electric vehicle batteries in Guatemala saw significant growth in 2024, with top exporting countries being China, USA, Germany, South Korea, and Mexico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 28.83%, demonstrating a rapidly expanding market. Moreover, the growth rate from 2023 to 2024 soared to 62.04%, showcasing the increasing demand for electric vehicle batteries in Guatemala.
Electric Vehicle Battery Market: Guatemala vs Top 5 Major Economies in 2027 (Latin America)
The Electric Vehicle Battery market in Guatemala is projected to grow at a exponential growth rate of 19.96% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.
Key Highlights of the Report:
- Guatemala Electric Vehicle Battery Market Outlook
- Market Size of Guatemala Electric Vehicle Battery Market, 2024
- Forecast of Guatemala Electric Vehicle Battery Market, 2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Revenues & Volume for the Period 2021-2031
- Guatemala Electric Vehicle Battery Market Trend Evolution
- Guatemala Electric Vehicle Battery Market Drivers and Challenges
- Guatemala Electric Vehicle Battery Price Trends
- Guatemala Electric Vehicle Battery Porter`s Five Forces
- Guatemala Electric Vehicle Battery Industry Life Cycle
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Vehicle Type for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Passenger Car for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Commercial Vehicle for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Two-Wheeler for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Propulsion Type for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Battery Electric Vehicle for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Hybrid Electric Vehicle for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Plug-in Hybrid Electric Vehicle for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Battery Type for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Lead Acid Battery for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Nickel Metal Hydride Battery for the Period 2021-2031
- Historical Data and Forecast of Guatemala Electric Vehicle Battery Market Revenues & Volume By Lithium ion Battery for the Period 2021-2031
- Guatemala Electric Vehicle Battery Import Export Trade Statistics
- Market Opportunity Assessment By Vehicle Type
- Market Opportunity Assessment By Propulsion Type
- Market Opportunity Assessment By Battery Type
- Guatemala Electric Vehicle Battery Top Companies Market Share
- Guatemala Electric Vehicle Battery Competitive Benchmarking By Technical and Operational Parameters
- Guatemala Electric Vehicle Battery Company Profiles
- Guatemala Electric Vehicle Battery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Guatemala Electric Vehicle Battery Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Guatemala Electric Vehicle Battery Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Vehicle Battery Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Electric Vehicle Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Electric Vehicle Battery Market - Industry Life Cycle |
3.4 Guatemala Electric Vehicle Battery Market - Porter's Five Forces |
3.5 Guatemala Electric Vehicle Battery Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Guatemala Electric Vehicle Battery Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.7 Guatemala Electric Vehicle Battery Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Guatemala Electric Vehicle Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting sustainable transportation |
4.2.2 Increasing awareness about environmental issues and the benefits of electric vehicles |
4.2.3 Technological advancements in battery technology |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and batteries |
4.3.2 Limited charging infrastructure in Guatemala |
4.3.3 Concerns about range anxiety and battery life |
5 Guatemala Electric Vehicle Battery Market Trends |
6 Guatemala Electric Vehicle Battery Market Segmentations |
6.1 Guatemala Electric Vehicle Battery Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.3 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
6.1.4 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Two-Wheeler, 2021-2031F |
6.2 Guatemala Electric Vehicle Battery Market, By Propulsion Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Battery Electric Vehicle, 2021-2031F |
6.2.3 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Hybrid Electric Vehicle, 2021-2031F |
6.2.4 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle, 2021-2031F |
6.3 Guatemala Electric Vehicle Battery Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Lead Acid Battery, 2021-2031F |
6.3.3 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Nickel Metal Hydride Battery, 2021-2031F |
6.3.4 Guatemala Electric Vehicle Battery Market Revenues & Volume, By Lithium ion Battery, 2021-2031F |
7 Guatemala Electric Vehicle Battery Market Import-Export Trade Statistics |
7.1 Guatemala Electric Vehicle Battery Market Export to Major Countries |
7.2 Guatemala Electric Vehicle Battery Market Imports from Major Countries |
8 Guatemala Electric Vehicle Battery Market Key Performance Indicators |
8.1 Average number of new charging stations installed per month |
8.2 Percentage increase in electric vehicle registrations |
8.3 Research and development investment in battery technology |
9 Guatemala Electric Vehicle Battery Market - Opportunity Assessment |
9.1 Guatemala Electric Vehicle Battery Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Guatemala Electric Vehicle Battery Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.3 Guatemala Electric Vehicle Battery Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Guatemala Electric Vehicle Battery Market - Competitive Landscape |
10.1 Guatemala Electric Vehicle Battery Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Electric Vehicle Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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