Guatemala Solar PV Market (2025-2031) | Growth, Outlook, Value, Industry, Analysis, Competitive Landscape, Companies, Trends, Forecast, Segmentation, Share, Size & Revenue

Market Forecast By Product Type (Thin film, Multi-Si, Mono-Si), By Application (Residential, Commercial, Utility) And Competitive Landscape
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 Solar Pv Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Guatemala Solar Pv Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Guatemala Solar PV Market Outlook
  • Market Size of Guatemala Solar PV Market, 2024
  • Forecast of Guatemala Solar PV Market, 2031
  • Historical Data and Forecast of Guatemala Solar PV Revenues & Volume for the Period 2021- 2031
  • Guatemala Solar PV Market Trend Evolution
  • Guatemala Solar PV Market Drivers and Challenges
  • Guatemala Solar PV Price Trends
  • Guatemala Solar PV Porter's Five Forces
  • Guatemala Solar PV Industry Life Cycle
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Thin film for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Multi-Si for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Mono-Si for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Residential for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Commercial for the Period 2021- 2031
  • Historical Data and Forecast of Guatemala Solar PV Market Revenues & Volume By Utility for the Period 2021- 2031
  • Guatemala Solar PV Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Guatemala Solar PV Top Companies Market Share
  • Guatemala Solar PV Competitive Benchmarking By Technical and Operational Parameters
  • Guatemala Solar PV Company Profiles
  • Guatemala Solar PV Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Guatemala Solar PV Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Guatemala Solar PV Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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