| Product Code: ETC4958945 | 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`s smart thermostat import market saw significant growth in 2024, with the top exporting countries being China, USA, Mexico, Japan, and Israel. The market concentration, as measured by the HHI, decreased from moderate to low in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 16.83% from 2020 to 2024 highlights the increasing demand for smart thermostats in Guatemala. Moreover, the growth rate of 17.31% from 2023 to 2024 suggests a continued upward trajectory for smart thermostat imports in the country.

In the Latin America region, the Smart Thermostat market in Guatemala is projected to expand at a growing growth rate of 7.12% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Smart Thermostat Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Smart Thermostat Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Smart Thermostat Market - Industry Life Cycle |
3.4 Guatemala Smart Thermostat Market - Porter's Five Forces |
3.5 Guatemala Smart Thermostat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Smart Thermostat Market Revenues & Volume Share, By End-User Vertical, 2021 & 2031F |
4 Guatemala Smart Thermostat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of smart home technologies in Guatemala |
4.2.2 Growing focus on energy efficiency and sustainability in residential and commercial buildings |
4.2.3 Technological advancements leading to more affordable and user-friendly smart thermostat options |
4.3 Market Restraints |
4.3.1 High initial cost of smart thermostat installation and equipment |
4.3.2 Limited availability of skilled professionals for installation and maintenance of smart thermostats |
5 Guatemala Smart Thermostat Market Trends |
6 Guatemala Smart Thermostat Market Segmentations |
6.1 Guatemala Smart Thermostat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.1.3 Guatemala Smart Thermostat Market Revenues & Volume, By Wireless, 2021-2031F |
6.2 Guatemala Smart Thermostat Market, By End-User Vertical |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Smart Thermostat Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Guatemala Smart Thermostat Market Revenues & Volume, By Commercial, 2021-2031F |
7 Guatemala Smart Thermostat Market Import-Export Trade Statistics |
7.1 Guatemala Smart Thermostat Market Export to Major Countries |
7.2 Guatemala Smart Thermostat Market Imports from Major Countries |
8 Guatemala Smart Thermostat Market Key Performance Indicators |
8.1 Energy savings achieved through smart thermostat usage |
8.2 Number of new smart thermostat installations in Guatemala |
8.3 Percentage increase in smart thermostat penetration in residential and commercial buildings |
9 Guatemala Smart Thermostat Market - Opportunity Assessment |
9.1 Guatemala Smart Thermostat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Smart Thermostat Market Opportunity Assessment, By End-User Vertical, 2021 & 2031F |
10 Guatemala Smart Thermostat Market - Competitive Landscape |
10.1 Guatemala Smart Thermostat Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Smart Thermostat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |