| Product Code: ETC5874631 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Guatemala light electric vehicles (LEVs) import market continues to thrive, with top exporters in 2024 being USA, Mexico, China, Japan, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. With a remarkable Compound Annual Growth Rate (CAGR) of 34.15% from 2020 to 2024 and an impressive growth rate of 45.18% from 2023 to 2024, the LEV industry in Guatemala is experiencing rapid expansion and is poised for further success in the coming years.

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 Light Electric Vehicles (LEVs) Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Light Electric Vehicles (LEVs) Market - Industry Life Cycle |
3.4 Guatemala Light Electric Vehicles (LEVs) Market - Porter's Five Forces |
3.5 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Vehicle Category, 2021 & 2031F |
3.7 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Guatemala Light Electric Vehicles (LEVs) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Growing awareness and concern for environmental issues |
4.2.3 Increasing fuel prices and cost savings associated with electric vehicles |
4.3 Market Restraints |
4.3.1 Limited charging infrastructure |
4.3.2 High initial cost of purchasing light electric vehicles |
4.3.3 Consumer preference for traditional fuel-powered vehicles |
5 Guatemala Light Electric Vehicles (LEVs) Market Trends |
6 Guatemala Light Electric Vehicles (LEVs) Market Segmentations |
6.1 Guatemala Light Electric Vehicles (LEVs) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By Personal Mobility, 2021-2031F |
6.1.3 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By Shared Mobility, 2021-2031F |
6.1.4 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By Recreation & Sports, 2021-2031F |
6.1.5 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By Commercial, 2021-2031F |
6.2 Guatemala Light Electric Vehicles (LEVs) Market, By Vehicle Category |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By 2-wheelers, 2021-2031F |
6.2.3 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By 3-wheelers, 2021-2031F |
6.2.4 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By 4-wheelers, 2021-2031F |
6.3 Guatemala Light Electric Vehicles (LEVs) Market, By Power Output |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By Less than 6 kW, 2021-2031F |
6.3.3 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By 6-9 kW, 2021-2031F |
6.3.4 Guatemala Light Electric Vehicles (LEVs) Market Revenues & Volume, By 9-15 kW, 2021-2031F |
7 Guatemala Light Electric Vehicles (LEVs) Market Import-Export Trade Statistics |
7.1 Guatemala Light Electric Vehicles (LEVs) Market Export to Major Countries |
7.2 Guatemala Light Electric Vehicles (LEVs) Market Imports from Major Countries |
8 Guatemala Light Electric Vehicles (LEVs) Market Key Performance Indicators |
8.1 Number of public charging stations installed |
8.2 Percentage increase in government subsidies for electric vehicles |
8.3 Growth in the number of electric vehicle charging points in residential areas |
9 Guatemala Light Electric Vehicles (LEVs) Market - Opportunity Assessment |
9.1 Guatemala Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Guatemala Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Vehicle Category, 2021 & 2031F |
9.3 Guatemala Light Electric Vehicles (LEVs) Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Guatemala Light Electric Vehicles (LEVs) Market - Competitive Landscape |
10.1 Guatemala Light Electric Vehicles (LEVs) Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Light Electric Vehicles (LEVs) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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