| Product Code: ETC7402788 | 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 |
Guatemala`s solar PV import market continues to thrive in 2024, with key exporters including China, USA, Hong Kong, Germany, and Spain. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these top exporting countries. The impressive compound annual growth rate (CAGR) of 65.13% from 2020 to 2024 highlights the significant expansion of the solar PV industry in Guatemala. Additionally, the remarkable growth rate of 42.97% from 2023 to 2024 underscores the ongoing momentum and increasing demand for solar PV imports 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 Solar PV Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Solar PV Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Solar PV Market - Industry Life Cycle |
3.4 Guatemala Solar PV Market - Porter's Five Forces |
3.5 Guatemala Solar PV Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Solar PV Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Solar PV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and policies promoting renewable energy adoption in Guatemala |
4.2.2 Increasing awareness about the benefits of solar energy and environmental concerns |
4.2.3 Declining costs of solar PV technology, making it more affordable for consumers and businesses |
4.3 Market Restraints |
4.3.1 Lack of grid infrastructure and storage capabilities in remote areas of Guatemala |
4.3.2 Regulatory barriers and bureaucratic processes delaying project implementation |
4.3.3 Limited access to financing options for solar PV installations |
5 Guatemala Solar PV Market Trends |
6 Guatemala Solar PV Market, By Types |
6.1 Guatemala Solar PV Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Solar PV Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Guatemala Solar PV Market Revenues & Volume, By Thin film, 2021- 2031F |
6.1.4 Guatemala Solar PV Market Revenues & Volume, By Multi-Si, 2021- 2031F |
6.1.5 Guatemala Solar PV Market Revenues & Volume, By Mono-Si, 2021- 2031F |
6.2 Guatemala Solar PV Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Solar PV Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Guatemala Solar PV Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Guatemala Solar PV Market Revenues & Volume, By Utility, 2021- 2031F |
7 Guatemala Solar PV Market Import-Export Trade Statistics |
7.1 Guatemala Solar PV Market Export to Major Countries |
7.2 Guatemala Solar PV Market Imports from Major Countries |
8 Guatemala Solar PV Market Key Performance Indicators |
8.1 Average installation time for solar PV projects in Guatemala |
8.2 Number of new solar PV installations in rural areas |
8.3 Percentage increase in capacity of solar PV projects connected to the grid |
8.4 Average levelized cost of electricity (LCOE) for solar PV projects in Guatemala |
8.5 Number of partnerships between government agencies and private sector for solar PV initiatives |
9 Guatemala Solar PV Market - Opportunity Assessment |
9.1 Guatemala Solar PV Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Solar PV Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Solar PV Market - Competitive Landscape |
10.1 Guatemala Solar PV Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Solar PV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |