| Product Code: ETC4947374 | 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 continues to see significant import shipments of motor vehicle braking system parts, with top exporting countries including China, Mexico, USA, Japan, and Taiwan in 2024. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a relatively consolidated market. The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 23.1%, showcasing strong demand for these parts. Moreover, the growth rate from 2023 to 2024 stood at 5.38%, indicating a continued upward trend in imports of motor vehicle braking system parts in Guatemala.

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 Motor Vehicle Braking System Parts Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Motor Vehicle Braking System Parts Market - Industry Life Cycle |
3.4 Guatemala Motor Vehicle Braking System Parts Market - Porter's Five Forces |
3.5 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Brake Pad Material Type, 2021 & 2031F |
3.7 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Guatemala Motor Vehicle Braking System Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for motor vehicles in Guatemala |
4.2.2 Growing awareness about road safety leading to the adoption of advanced braking systems |
4.2.3 Technological advancements in braking system parts improving performance and safety |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive parts impacting the cost of braking system parts |
4.3.2 Economic instability affecting consumer spending on vehicle maintenance |
4.3.3 Lack of skilled labor for installation and maintenance of braking system parts |
5 Guatemala Motor Vehicle Braking System Parts Market Trends |
6 Guatemala Motor Vehicle Braking System Parts Market Segmentations |
6.1 Guatemala Motor Vehicle Braking System Parts Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Disc Brakes, 2021-2031F |
6.1.3 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Drum Brakes, 2021-2031F |
6.2 Guatemala Motor Vehicle Braking System Parts Market, By Brake Pad Material Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Organic, 2021-2031F |
6.2.3 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Metallic, 2021-2031F |
6.2.4 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Ceramic, 2021-2031F |
6.3 Guatemala Motor Vehicle Braking System Parts Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Original Equipment Manufacturers (OEM), 2021-2031F |
6.3.3 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Guatemala Motor Vehicle Braking System Parts Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.4.3 Guatemala Motor Vehicle Braking System Parts Market Revenues & Volume, By Commercial Vehicles, 2021-2031F |
7 Guatemala Motor Vehicle Braking System Parts Market Import-Export Trade Statistics |
7.1 Guatemala Motor Vehicle Braking System Parts Market Export to Major Countries |
7.2 Guatemala Motor Vehicle Braking System Parts Market Imports from Major Countries |
8 Guatemala Motor Vehicle Braking System Parts Market Key Performance Indicators |
8.1 Average age of vehicles in Guatemala |
8.2 Adoption rate of advanced braking system technologies |
8.3 Number of road accidents related to braking system failures |
9 Guatemala Motor Vehicle Braking System Parts Market - Opportunity Assessment |
9.1 Guatemala Motor Vehicle Braking System Parts Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Guatemala Motor Vehicle Braking System Parts Market Opportunity Assessment, By Brake Pad Material Type, 2021 & 2031F |
9.3 Guatemala Motor Vehicle Braking System Parts Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Guatemala Motor Vehicle Braking System Parts Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Guatemala Motor Vehicle Braking System Parts Market - Competitive Landscape |
10.1 Guatemala Motor Vehicle Braking System Parts Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Motor Vehicle Braking System Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |