| Product Code: ETC7406812 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s import shipments of alternating current (AC) drives in 2024 saw a significant increase in concentration among the top exporting countries, with China, USA, Spain, Germany, and the UK leading the pack. The market concentration, as measured by the HHI, remained high in 2024 following a very high level in 2023. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 19.42%, with a notable growth rate of 39.61% from 2023 to 2024, indicating a robust expansion in the import market for AC drives in Guyana.

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 Guyana Alternating Current (AC) Drive Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Alternating Current (AC) Drive Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Alternating Current (AC) Drive Market - Industry Life Cycle |
3.4 Guyana Alternating Current (AC) Drive Market - Porter's Five Forces |
3.5 Guyana Alternating Current (AC) Drive Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.6 Guyana Alternating Current (AC) Drive Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Guyana Alternating Current (AC) Drive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient solutions in industrial applications |
4.2.2 Growing adoption of automation and control systems in manufacturing processes |
4.2.3 Government initiatives promoting the use of energy-efficient technologies in Guyana |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with AC drives |
4.3.2 Lack of skilled workforce for the installation and maintenance of AC drives in Guyana |
4.3.3 Limited awareness about the benefits of AC drives among end-users |
5 Guyana Alternating Current (AC) Drive Market Trends |
6 Guyana Alternating Current (AC) Drive Market, By Types |
6.1 Guyana Alternating Current (AC) Drive Market, By Voltage |
6.1.1 Overview and Analysis |
6.1.2 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Voltage, 2021- 2031F |
6.1.3 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Low, 2021- 2031F |
6.1.4 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Medium, 2021- 2031F |
6.2 Guyana Alternating Current (AC) Drive Market, By End-user Industry |
6.2.1 Overview and Analysis |
6.2.2 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Chemical & Petrochemical, 2021- 2031F |
6.2.4 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.5 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Water & Wastewater, 2021- 2031F |
6.2.6 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Metal & Mining, 2021- 2031F |
6.2.7 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Pulp & Paper, 2021- 2031F |
6.2.8 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Discrete Industries, 2021- 2031F |
6.2.9 Guyana Alternating Current (AC) Drive Market Revenues & Volume, By Discrete Industries, 2021- 2031F |
7 Guyana Alternating Current (AC) Drive Market Import-Export Trade Statistics |
7.1 Guyana Alternating Current (AC) Drive Market Export to Major Countries |
7.2 Guyana Alternating Current (AC) Drive Market Imports from Major Countries |
8 Guyana Alternating Current (AC) Drive Market Key Performance Indicators |
8.1 Energy savings achieved through the use of AC drives |
8.2 Number of installations of AC drives in key industries in Guyana |
8.3 Percentage increase in the adoption of AC drives compared to traditional motor control methods |
9 Guyana Alternating Current (AC) Drive Market - Opportunity Assessment |
9.1 Guyana Alternating Current (AC) Drive Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.2 Guyana Alternating Current (AC) Drive Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Guyana Alternating Current (AC) Drive Market - Competitive Landscape |
10.1 Guyana Alternating Current (AC) Drive Market Revenue Share, By Companies, 2024 |
10.2 Guyana Alternating Current (AC) Drive 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.
To discover high-growth global markets and optimize your business strategy:
Click Here