| Product Code: ETC5847100 | 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 |
Guatemala`s import shipments of multiple launch rocket systems (MLRS) in 2024 saw a diverse mix of top exporting countries including Turkey, China, USA, Taiwan, and Bangladesh. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained at a high level in 2024 despite a decrease from the previous year. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 20.38%, though there was a notable decline in growth rate from 2023 to 2024. These trends suggest a dynamic and evolving market for MLRS imports 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 Multiple Launch Rocket Systems (MLRS) Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Multiple Launch Rocket Systems (MLRS) Market - Industry Life Cycle |
3.4 Guatemala Multiple Launch Rocket Systems (MLRS) Market - Porter's Five Forces |
3.5 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume Share, By Launch Vehicle, 2021 & 2031F |
3.6 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume Share, By Market Launch Vehicle, 2021 & 2031F |
3.7 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume Share, By Caliber Range, 2021 & 2031F |
4 Guatemala Multiple Launch Rocket Systems (MLRS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing defense budget of Guatemala |
4.2.2 Rising security concerns and threats in the region |
4.2.3 Modernization and upgrade of military capabilities |
4.3 Market Restraints |
4.3.1 High costs associated with multiple launch rocket systems |
4.3.2 Political instability in the region |
4.3.3 Limited technological expertise and infrastructure |
5 Guatemala Multiple Launch Rocket Systems (MLRS) Market Trends |
6 Guatemala Multiple Launch Rocket Systems (MLRS) Market Segmentations |
6.1 Guatemala Multiple Launch Rocket Systems (MLRS) Market, By Launch Vehicle |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, By MLRS, 2021-2031F |
6.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market, By Market Launch Vehicle |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, By Tracked, 2021-2031F |
6.2.3 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, By Wheeled, 2021-2031F |
6.3 Guatemala Multiple Launch Rocket Systems (MLRS) Market, By Caliber Range |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, By 70-180mm, 2021-2031F |
6.3.3 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenues & Volume, By 180-300mm, 2021-2031F |
7 Guatemala Multiple Launch Rocket Systems (MLRS) Market Import-Export Trade Statistics |
7.1 Guatemala Multiple Launch Rocket Systems (MLRS) Market Export to Major Countries |
7.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Imports from Major Countries |
8 Guatemala Multiple Launch Rocket Systems (MLRS) Market Key Performance Indicators |
8.1 Investment in research and development for MLRS technology |
8.2 Number of successful military drills or exercises involving MLRS |
8.3 Adoption rate of advanced MLRS systems by the Guatemalan military |
9 Guatemala Multiple Launch Rocket Systems (MLRS) Market - Opportunity Assessment |
9.1 Guatemala Multiple Launch Rocket Systems (MLRS) Market Opportunity Assessment, By Launch Vehicle, 2021 & 2031F |
9.2 Guatemala Multiple Launch Rocket Systems (MLRS) Market Opportunity Assessment, By Market Launch Vehicle, 2021 & 2031F |
9.3 Guatemala Multiple Launch Rocket Systems (MLRS) Market Opportunity Assessment, By Caliber Range, 2021 & 2031F |
10 Guatemala Multiple Launch Rocket Systems (MLRS) Market - Competitive Landscape |
10.1 Guatemala Multiple Launch Rocket Systems (MLRS) Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Multiple Launch Rocket Systems (MLRS) 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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