| Product Code: ETC7402805 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Guatemala solar pump import market in 2024 saw significant growth, with top exporting countries being the USA, China, Turkey, Germany, and Taiwan. Despite the diverse sources, market concentration, as measured by the HHI, remained low, indicating a competitive landscape. The compound annual growth rate (CAGR) for the period 2020-2024 was -1.91%, but the growth rate from 2023 to 2024 surged to an impressive 31.19%, suggesting a resurgence in demand for solar pumps in Guatemala. This upward trend reflects a positive outlook for the market 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 Solar Pump Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Solar Pump Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Solar Pump Market - Industry Life Cycle |
3.4 Guatemala Solar Pump Market - Porter's Five Forces |
3.5 Guatemala Solar Pump Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Solar Pump Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 Guatemala Solar Pump Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.8 Guatemala Solar Pump Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Solar Pump Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies promoting the adoption of solar pumps in Guatemala. |
4.2.2 Increasing awareness and focus on sustainable and eco-friendly water pumping solutions. |
4.2.3 Growing demand for efficient and reliable water pumping systems in rural areas with limited access to electricity. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing solar pump systems. |
4.3.2 Limited availability of skilled technicians for installation and maintenance of solar pumps in Guatemala. |
5 Guatemala Solar Pump Market Trends |
6 Guatemala Solar Pump Market, By Types |
6.1 Guatemala Solar Pump Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Solar Pump Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Solar Pump Market Revenues & Volume, By Up to 3HP, 2021- 2031F |
6.1.4 Guatemala Solar Pump Market Revenues & Volume, By Above 10 H, 2021- 2031F |
6.2 Guatemala Solar Pump Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Solar Pump Market Revenues & Volume, By AC Pump, 2021- 2031F |
6.2.3 Guatemala Solar Pump Market Revenues & Volume, By DC Pump, 2021- 2031F |
6.3 Guatemala Solar Pump Market, By Product |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Solar Pump Market Revenues & Volume, By Surface Suction, 2021- 2031F |
6.3.3 Guatemala Solar Pump Market Revenues & Volume, By Submersible, 2021- 2031F |
6.3.4 Guatemala Solar Pump Market Revenues & Volume, By Floating, 2021- 2031F |
6.4 Guatemala Solar Pump Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Solar Pump Market Revenues & Volume, By Agricultural, 2021- 2031F |
6.4.3 Guatemala Solar Pump Market Revenues & Volume, By Drinking Water, 2021- 2031F |
6.4.4 Guatemala Solar Pump Market Revenues & Volume, By Municipal Engineering, 2021- 2031F |
7 Guatemala Solar Pump Market Import-Export Trade Statistics |
7.1 Guatemala Solar Pump Market Export to Major Countries |
7.2 Guatemala Solar Pump Market Imports from Major Countries |
8 Guatemala Solar Pump Market Key Performance Indicators |
8.1 Average annual growth rate of installed solar pump systems in Guatemala. |
8.2 Percentage increase in the number of government policies supporting renewable energy adoption. |
8.3 Reduction in the average payback period for solar pump investments in Guatemala. |
9 Guatemala Solar Pump Market - Opportunity Assessment |
9.1 Guatemala Solar Pump Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Solar Pump Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 Guatemala Solar Pump Market Opportunity Assessment, By Product, 2021 & 2031F |
9.4 Guatemala Solar Pump Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Solar Pump Market - Competitive Landscape |
10.1 Guatemala Solar Pump Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Solar Pump 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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