| Product Code: ETC7369347 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of electric outboard engines, with top suppliers being Japan, USA, UK, Trinidad and Tobago, and other areas. The market remained highly concentrated, indicating limited competition. However, the industry experienced a significant decline in both the compound annual growth rate (CAGR) and growth rate from 2023 to 2024. This downward trend suggests challenges or shifts in the market dynamics impacting the demand for electric outboard engines in Grenada. Monitoring these trends closely will be crucial for stakeholders in the industry to adapt and strategize effectively.
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 Electric Outboard Engines Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Outboard Engines Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Outboard Engines Market - Industry Life Cycle |
3.4 Grenada Electric Outboard Engines Market - Porter's Five Forces |
3.5 Grenada Electric Outboard Engines Market Revenues & Volume Share, By Engine Type, 2021 & 2031F |
3.6 Grenada Electric Outboard Engines Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Grenada Electric Outboard Engines Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.8 Grenada Electric Outboard Engines Market Revenues & Volume Share, By Ignition Type, 2021 & 2031F |
3.9 Grenada Electric Outboard Engines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electric Outboard Engines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on environmental sustainability and reducing carbon footprint |
4.2.2 Government initiatives promoting the adoption of electric propulsion systems |
4.2.3 Rising fuel costs driving demand for more energy-efficient solutions |
4.3 Market Restraints |
4.3.1 High initial investment costs of electric outboard engines |
4.3.2 Limited availability of charging infrastructure for electric boats |
4.3.3 Concerns over the range and battery life of electric outboard engines |
5 Grenada Electric Outboard Engines Market Trends |
6 Grenada Electric Outboard Engines Market, By Types |
6.1 Grenada Electric Outboard Engines Market, By Engine Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Outboard Engines Market Revenues & Volume, By Engine Type, 2021- 2031F |
6.1.3 Grenada Electric Outboard Engines Market Revenues & Volume, By 2-stroke, 2021- 2031F |
6.1.4 Grenada Electric Outboard Engines Market Revenues & Volume, By 4-stroke, 2021- 2031F |
6.1.5 Grenada Electric Outboard Engines Market Revenues & Volume, By Electric, 2021- 2031F |
6.2 Grenada Electric Outboard Engines Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Outboard Engines Market Revenues & Volume, By Diesel, 2021- 2031F |
6.2.3 Grenada Electric Outboard Engines Market Revenues & Volume, By Gasoline, 2021- 2031F |
6.2.4 Grenada Electric Outboard Engines Market Revenues & Volume, By Electric, 2021- 2031F |
6.3 Grenada Electric Outboard Engines Market, By Power |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Outboard Engines Market Revenues & Volume, By Low, 2021- 2031F |
6.3.3 Grenada Electric Outboard Engines Market Revenues & Volume, By Mid, 2021- 2031F |
6.3.4 Grenada Electric Outboard Engines Market Revenues & Volume, By High, 2021- 2031F |
6.4 Grenada Electric Outboard Engines Market, By Ignition Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric Outboard Engines Market Revenues & Volume, By Electric, 2021- 2031F |
6.4.3 Grenada Electric Outboard Engines Market Revenues & Volume, By Manual, 2021- 2031F |
6.5 Grenada Electric Outboard Engines Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electric Outboard Engines Market Revenues & Volume, By Commercial, 2021- 2031F |
6.5.3 Grenada Electric Outboard Engines Market Revenues & Volume, By Recreational, 2021- 2031F |
6.5.4 Grenada Electric Outboard Engines Market Revenues & Volume, By Military, 2021- 2031F |
7 Grenada Electric Outboard Engines Market Import-Export Trade Statistics |
7.1 Grenada Electric Outboard Engines Market Export to Major Countries |
7.2 Grenada Electric Outboard Engines Market Imports from Major Countries |
8 Grenada Electric Outboard Engines Market Key Performance Indicators |
8.1 Average charging time for electric outboard engines |
8.2 Number of government incentives or subsidies for electric boat owners |
8.3 Percentage of boat owners using electric outboard engines compared to traditional combustion engines |
9 Grenada Electric Outboard Engines Market - Opportunity Assessment |
9.1 Grenada Electric Outboard Engines Market Opportunity Assessment, By Engine Type, 2021 & 2031F |
9.2 Grenada Electric Outboard Engines Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Grenada Electric Outboard Engines Market Opportunity Assessment, By Power, 2021 & 2031F |
9.4 Grenada Electric Outboard Engines Market Opportunity Assessment, By Ignition Type, 2021 & 2031F |
9.5 Grenada Electric Outboard Engines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electric Outboard Engines Market - Competitive Landscape |
10.1 Grenada Electric Outboard Engines Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Outboard Engines Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |