| Product Code: ETC7412584 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana witnessed a substantial surge in electric engine imports in 2024, with top exporting countries being USA, India, UK, China, and Brazil. The Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports, reflecting the dominance of these key players in the market. The impressive Compound Annual Growth Rate (CAGR) of 44.31% from 2020 to 2024 underlines the increasing demand for electric engines in Guyana. Moreover, the remarkable growth rate of 91.98% from 2023 to 2024 suggests a rapid acceleration in import volumes, signaling a promising outlook for the electric engine market 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 Guyana Electric Engine Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Electric Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Electric Engine Market - Industry Life Cycle |
3.4 Guyana Electric Engine Market - Porter's Five Forces |
3.5 Guyana Electric Engine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Electric Engine Market Revenues & Volume Share, By Output Power, 2021 & 2031F |
3.7 Guyana Electric Engine Market Revenues & Volume Share, By Voltage Range, 2021 & 2031F |
3.8 Guyana Electric Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Guyana Electric Engine Market Revenues & Volume Share, By Speed, 2021 & 2031F |
4 Guyana Electric Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives to promote clean energy and reduce carbon emissions |
4.2.2 Rising demand for electric vehicles and electric-powered machinery in Guyana |
4.2.3 Growing investment in renewable energy projects in the country |
4.3 Market Restraints |
4.3.1 High initial cost of electric engines and infrastructure setup |
4.3.2 Limited availability of charging infrastructure for electric vehicles |
4.3.3 Lack of skilled workforce for maintenance and repair of electric engines |
5 Guyana Electric Engine Market Trends |
6 Guyana Electric Engine Market, By Types |
6.1 Guyana Electric Engine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Electric Engine Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guyana Electric Engine Market Revenues & Volume, By Alternate Current (AC) Motor, 2021- 2031F |
6.1.4 Guyana Electric Engine Market Revenues & Volume, By Direct Current (DC) Motor, 2021- 2031F |
6.1.5 Guyana Electric Engine Market Revenues & Volume, By Hermetic Motor, 2021- 2031F |
6.2 Guyana Electric Engine Market, By Output Power |
6.2.1 Overview and Analysis |
6.2.2 Guyana Electric Engine Market Revenues & Volume, By Integral Horsepower Output, 2021- 2031F |
6.2.3 Guyana Electric Engine Market Revenues & Volume, By Fractional Horsepower Output, 2021- 2031F |
6.3 Guyana Electric Engine Market, By Voltage Range |
6.3.1 Overview and Analysis |
6.3.2 Guyana Electric Engine Market Revenues & Volume, By 9V and Below, 2021- 2031F |
6.3.3 Guyana Electric Engine Market Revenues & Volume, By 10-20V, 2021- 2031F |
6.3.4 Guyana Electric Engine Market Revenues & Volume, By 21-60V and 60V, 2021- 2031F |
6.4 Guyana Electric Engine Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Guyana Electric Engine Market Revenues & Volume, By Industrial Machinery, 2021- 2031F |
6.4.3 Guyana Electric Engine Market Revenues & Volume, By Motor Vehicles, 2021- 2031F |
6.4.4 Guyana Electric Engine Market Revenues & Volume, By Heating, 2021- 2031F |
6.4.5 Guyana Electric Engine Market Revenues & Volume, By Ventilating and Cooling (HVAC) Equipment, 2021- 2031F |
6.4.6 Guyana Electric Engine Market Revenues & Volume, By Aerospace and Transportation, 2021- 2031F |
6.4.7 Guyana Electric Engine Market Revenues & Volume, By Household Appliances, 2021- 2031F |
6.5 Guyana Electric Engine Market, By Speed |
6.5.1 Overview and Analysis |
6.5.2 Guyana Electric Engine Market Revenues & Volume, By Low-Speed Electric Motors, 2021- 2031F |
6.5.3 Guyana Electric Engine Market Revenues & Volume, By Medium-Speed Electric Motors, 2021- 2031F |
6.5.4 Guyana Electric Engine Market Revenues & Volume, By High-Speed Electric Motors, 2021- 2031F |
6.5.5 Guyana Electric Engine Market Revenues & Volume, By Ultrahigh-Speed Electric Motors, 2021- 2031F |
7 Guyana Electric Engine Market Import-Export Trade Statistics |
7.1 Guyana Electric Engine Market Export to Major Countries |
7.2 Guyana Electric Engine Market Imports from Major Countries |
8 Guyana Electric Engine Market Key Performance Indicators |
8.1 Percentage increase in renewable energy consumption in Guyana |
8.2 Number of electric vehicle registrations in the country |
8.3 Investment in renewable energy projects as a percentage of GDP |
9 Guyana Electric Engine Market - Opportunity Assessment |
9.1 Guyana Electric Engine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Electric Engine Market Opportunity Assessment, By Output Power, 2021 & 2031F |
9.3 Guyana Electric Engine Market Opportunity Assessment, By Voltage Range, 2021 & 2031F |
9.4 Guyana Electric Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Guyana Electric Engine Market Opportunity Assessment, By Speed, 2021 & 2031F |
10 Guyana Electric Engine Market - Competitive Landscape |
10.1 Guyana Electric Engine Market Revenue Share, By Companies, 2024 |
10.2 Guyana Electric Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |