| Product Code: ETC7396836 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guatemala saw a significant increase in monocrystalline solar cell imports in 2024, with top suppliers including China, USA, Hong Kong, Germany, and Spain. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 67.94% from 2020 to 2024 reflects the growing demand for solar energy solutions in Guatemala. Moreover, the growth rate of 42.97% from 2023 to 2024 suggests a continued upward trajectory in the adoption of monocrystalline solar cells in the country.

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 Monocrystalline Solar Cell (Mono-Si) Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market - Industry Life Cycle |
3.4 Guatemala Monocrystalline Solar Cell (Mono-Si) Market - Porter's Five Forces |
3.5 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume Share, By Grid Type, 2021 & 2031F |
3.6 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government support and incentives for renewable energy projects in Guatemala |
4.2.2 Growing awareness and adoption of sustainable energy solutions in the region |
4.2.3 Advancements in technology leading to improved efficiency and cost-effectiveness of monocrystalline solar cells |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up monocrystalline solar cell systems |
4.3.2 Lack of skilled workforce for installation and maintenance of solar energy systems in Guatemala |
4.3.3 Intermittent nature of solar energy generation affecting reliability of power supply |
5 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Trends |
6 Guatemala Monocrystalline Solar Cell (Mono-Si) Market, By Types |
6.1 Guatemala Monocrystalline Solar Cell (Mono-Si) Market, By Grid Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Grid Type, 2021- 2031F |
6.1.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Grid Connected, 2021- 2031F |
6.1.4 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Off-Grid, 2021- 2031F |
6.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Power Utilities, 2021- 2031F |
6.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market, By Installation |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Ground-Mount, 2021- 2031F |
6.3.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenues & Volume, By Rooftop Solar PV, 2021- 2031F |
7 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Import-Export Trade Statistics |
7.1 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Export to Major Countries |
7.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Imports from Major Countries |
8 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Key Performance Indicators |
8.1 Capacity utilization rate of monocrystalline solar cell installations in Guatemala |
8.2 Average cost per watt of monocrystalline solar cells in the market |
8.3 Number of new solar energy projects initiated or completed in the region |
9 Guatemala Monocrystalline Solar Cell (Mono-Si) Market - Opportunity Assessment |
9.1 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Opportunity Assessment, By Grid Type, 2021 & 2031F |
9.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Opportunity Assessment, By Installation, 2021 & 2031F |
10 Guatemala Monocrystalline Solar Cell (Mono-Si) Market - Competitive Landscape |
10.1 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Monocrystalline Solar Cell (Mono-Si) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |