| Product Code: ETC5921313 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada`s import shipments of automatic power factor controllers in 2024 saw a significant shift in market concentration, moving from moderate to high concentration according to the Herfindahl-Hirschman Index (HHI). Despite a negative growth rate of -43.03% in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was a promising 13.57%. The top countries exporting to Grenada in 2024 included the USA, UK, China, Trinidad and Tobago, and Panama, indicating a diverse source of imports for this product category.
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 Automatic Power Factor Controller Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Automatic Power Factor Controller Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Automatic Power Factor Controller Market - Industry Life Cycle |
3.4 Grenada Automatic Power Factor Controller Market - Porter's Five Forces |
3.5 Grenada Automatic Power Factor Controller Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Automatic Power Factor Controller Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Grenada Automatic Power Factor Controller Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and cost savings in industrial and commercial sectors |
4.2.2 Government initiatives promoting the use of energy-efficient technologies |
4.2.3 Growing adoption of automation and smart technologies in power management systems |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with installing automatic power factor controllers |
4.3.2 Lack of awareness and technical expertise in implementing power factor correction solutions |
4.3.3 Limited availability of skilled professionals for maintenance and support of automatic power factor controllers |
5 Grenada Automatic Power Factor Controller Market Trends |
6 Grenada Automatic Power Factor Controller Market Segmentations |
6.1 Grenada Automatic Power Factor Controller Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Active APFC , 2021-2031F |
6.1.3 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Passive APFC, 2021-2031F |
6.2 Grenada Automatic Power Factor Controller Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Relays, 2021-2031F |
6.2.3 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Capacitors, 2021-2031F |
6.2.4 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Displays, 2021-2031F |
6.2.5 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Microcontrollers, 2021-2031F |
6.2.6 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Switches, 2021-2031F |
6.2.7 Grenada Automatic Power Factor Controller Market Revenues & Volume, By Resistors, 2021-2031F |
7 Grenada Automatic Power Factor Controller Market Import-Export Trade Statistics |
7.1 Grenada Automatic Power Factor Controller Market Export to Major Countries |
7.2 Grenada Automatic Power Factor Controller Market Imports from Major Countries |
8 Grenada Automatic Power Factor Controller Market Key Performance Indicators |
8.1 Power factor improvement rate |
8.2 Energy cost savings achieved through power factor correction |
8.3 Number of new installations or retrofits of automatic power factor controllers |
8.4 Percentage increase in the adoption of automatic power factor controllers |
8.5 Average payback period for investments in automatic power factor controllers |
9 Grenada Automatic Power Factor Controller Market - Opportunity Assessment |
9.1 Grenada Automatic Power Factor Controller Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Automatic Power Factor Controller Market Opportunity Assessment, By Component, 2021 & 2031F |
10 Grenada Automatic Power Factor Controller Market - Competitive Landscape |
10.1 Grenada Automatic Power Factor Controller Market Revenue Share, By Companies, 2024 |
10.2 Grenada Automatic Power Factor Controller Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |