| Product Code: ETC5692553 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of advanced lead acid batteries, with top supplying countries including the USA, Saint Lucia, UK, Germany, and other areas. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the industry saw a significant decline with a CAGR of -12.68% from 2020 to 2024. The growth rate plummeted even further by -43.68% from 2023 to 2024, indicating challenging market conditions for advanced lead acid battery imports in Grenada. Analyzing these trends can provide valuable insights for market players and policymakers.
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 Grenada Advanced Lead Acid Battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Advanced Lead Acid Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Advanced Lead Acid Battery Market - Industry Life Cycle |
3.4 Grenada Advanced Lead Acid Battery Market - Porter's Five Forces |
3.5 Grenada Advanced Lead Acid Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Advanced Lead Acid Battery Market Revenues & Volume Share, By Construction Method, 2021 & 2031F |
3.7 Grenada Advanced Lead Acid Battery Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Advanced Lead Acid Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy storage solutions |
4.2.2 Growing adoption of electric vehicles in Grenada |
4.2.3 Government incentives and policies promoting the use of advanced lead acid batteries |
4.3 Market Restraints |
4.3.1 High initial costs associated with advanced lead acid batteries |
4.3.2 Competition from other types of energy storage solutions |
4.3.3 Limited recycling infrastructure for lead acid batteries in Grenada |
5 Grenada Advanced Lead Acid Battery Market Trends |
6 Grenada Advanced Lead Acid Battery Market Segmentations |
6.1 Grenada Advanced Lead Acid Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Stationary, 2021-2031F |
6.1.3 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Motive, 2021-2031F |
6.2 Grenada Advanced Lead Acid Battery Market, By Construction Method |
6.2.1 Overview and Analysis |
6.2.2 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Flooded, 2021-2031F |
6.2.3 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By VRLA (Valve Regulated Lead Acid battery), 2021-2031F |
6.3 Grenada Advanced Lead Acid Battery Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Utility, 2021-2031F |
6.3.3 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.4 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.5 Grenada Advanced Lead Acid Battery Market Revenues & Volume, By Commercial & Residential, 2021-2031F |
7 Grenada Advanced Lead Acid Battery Market Import-Export Trade Statistics |
7.1 Grenada Advanced Lead Acid Battery Market Export to Major Countries |
7.2 Grenada Advanced Lead Acid Battery Market Imports from Major Countries |
8 Grenada Advanced Lead Acid Battery Market Key Performance Indicators |
8.1 Percentage of electricity generated from renewable sources in Grenada |
8.2 Number of electric vehicles registered in Grenada |
8.3 Government funding allocated to support the development of advanced lead acid battery technology in Grenada |
9 Grenada Advanced Lead Acid Battery Market - Opportunity Assessment |
9.1 Grenada Advanced Lead Acid Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Advanced Lead Acid Battery Market Opportunity Assessment, By Construction Method, 2021 & 2031F |
9.3 Grenada Advanced Lead Acid Battery Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Advanced Lead Acid Battery Market - Competitive Landscape |
10.1 Grenada Advanced Lead Acid Battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Advanced Lead Acid Battery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |