| Product Code: ETC7414558 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of gensets/generators in Guyana in 2024 continued to be dominated by top exporting countries such as China, Italy, USA, India, and Hong Kong. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -1.67%, there was a marginal uptick in the growth rate from 2023 to 2024 at 0.15%, suggesting a potential stabilization or slight improvement in the market dynamics.

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 Genset/Generator Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Genset/Generator Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Genset/Generator Market - Industry Life Cycle |
3.4 Guyana Genset/Generator Market - Porter's Five Forces |
3.5 Guyana Genset/Generator Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Guyana Genset/Generator Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.7 Guyana Genset/Generator Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guyana Genset/Generator Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Guyana Genset/Generator Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable backup power solutions due to frequent power outages in Guyana. |
4.2.2 Growth in construction and infrastructure development projects driving the need for gensets/generators. |
4.2.3 Expansion of industrial and commercial sectors leading to higher demand for power generation equipment. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing gensets/generators. |
4.3.2 Dependence on imported fuel sources leading to vulnerability to price fluctuations and supply chain disruptions. |
5 Guyana Genset/Generator Market Trends |
6 Guyana Genset/Generator Market, By Types |
6.1 Guyana Genset/Generator Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Genset/Generator Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Guyana Genset/Generator Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.4 Guyana Genset/Generator Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.5 Guyana Genset/Generator Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guyana Genset/Generator Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Guyana Genset/Generator Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Guyana Genset/Generator Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Guyana Genset/Generator Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.5 Guyana Genset/Generator Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guyana Genset/Generator Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guyana Genset/Generator Market Revenues & Volume, By Stationary, 2021- 2031F |
6.3.3 Guyana Genset/Generator Market Revenues & Volume, By Portable, 2021- 2031F |
6.4 Guyana Genset/Generator Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Guyana Genset/Generator Market Revenues & Volume, By 0-100 kVA, 2021- 2031F |
6.4.3 Guyana Genset/Generator Market Revenues & Volume, By 100-350 kVA, 2021- 2031F |
6.4.4 Guyana Genset/Generator Market Revenues & Volume, By 350-1000 kVA, 2021- 2031F |
6.4.5 Guyana Genset/Generator Market Revenues & Volume, By Above 1000 kVA, 2021- 2031F |
7 Guyana Genset/Generator Market Import-Export Trade Statistics |
7.1 Guyana Genset/Generator Market Export to Major Countries |
7.2 Guyana Genset/Generator Market Imports from Major Countries |
8 Guyana Genset/Generator Market Key Performance Indicators |
8.1 Average duration of power outages in Guyana. |
8.2 Number of ongoing construction projects in Guyana. |
8.3 Growth rate of industrial and commercial sectors in the country. |
9 Guyana Genset/Generator Market - Opportunity Assessment |
9.1 Guyana Genset/Generator Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Guyana Genset/Generator Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.3 Guyana Genset/Generator Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guyana Genset/Generator Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Guyana Genset/Generator Market - Competitive Landscape |
10.1 Guyana Genset/Generator Market Revenue Share, By Companies, 2024 |
10.2 Guyana Genset/Generator 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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