| Product Code: ETC5881945 | 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 |
The import shipments of electric vehicle range extenders to Grenada saw significant growth in 2024, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Ireland. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more consolidated market. Despite a negative CAGR from 2020 to 2024, there was a notable growth rate of 13.08% from 2023 to 2024, suggesting a potential shift towards increased demand for electric vehicle range extenders in Grenada.
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 Vehicle Range Extender Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Vehicle Range Extender Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Vehicle Range Extender Market - Industry Life Cycle |
3.4 Grenada Electric Vehicle Range Extender Market - Porter's Five Forces |
3.5 Grenada Electric Vehicle Range Extender Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electric Vehicle Range Extender Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Electric Vehicle Range Extender Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Grenada Electric Vehicle Range Extender Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and adoption of electric vehicles in Grenada |
4.2.2 Government incentives and policies promoting the use of electric vehicles |
4.2.3 Increasing focus on sustainable transportation solutions |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and range extenders |
4.3.2 Limited charging infrastructure for electric vehicles in Grenada |
4.3.3 Concerns about the range and reliability of electric vehicles in the market |
5 Grenada Electric Vehicle Range Extender Market Trends |
6 Grenada Electric Vehicle Range Extender Market Segmentations |
6.1 Grenada Electric Vehicle Range Extender Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By ICE Range Extender, 2021-2031F |
6.1.3 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Fuel Cell Range Extender, 2021-2031F |
6.1.4 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Electric Vehicle Range Extender Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Battery Pack, 2021-2031F |
6.2.3 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Generator, 2021-2031F |
6.2.4 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Power Converter, 2021-2031F |
6.2.5 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By Electric Motor, 2021-2031F |
6.3 Grenada Electric Vehicle Range Extender Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By PC , 2021-2031F |
6.3.3 Grenada Electric Vehicle Range Extender Market Revenues & Volume, By CV, 2021-2031F |
7 Grenada Electric Vehicle Range Extender Market Import-Export Trade Statistics |
7.1 Grenada Electric Vehicle Range Extender Market Export to Major Countries |
7.2 Grenada Electric Vehicle Range Extender Market Imports from Major Countries |
8 Grenada Electric Vehicle Range Extender Market Key Performance Indicators |
8.1 Average distance covered by electric vehicles using range extenders per charge |
8.2 Number of public charging stations for electric vehicles in Grenada |
8.3 Percentage of government fleet vehicles using electric vehicle range extenders |
8.4 Adoption rate of electric vehicles with range extenders in Grenada |
8.5 Average cost reduction in electric vehicle range extenders over time |
9 Grenada Electric Vehicle Range Extender Market - Opportunity Assessment |
9.1 Grenada Electric Vehicle Range Extender Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electric Vehicle Range Extender Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Electric Vehicle Range Extender Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Grenada Electric Vehicle Range Extender Market - Competitive Landscape |
10.1 Grenada Electric Vehicle Range Extender Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Vehicle Range Extender 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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