Grenada Energy Storage Market (2025-2031) | Value, Size & Revenue, Forecast, Industry, Segmentation, Growth, Companies, Share, Analysis, Competitive Landscape, Trends, Outlook

Market Forecast By Type (Pumped-Hydro Storage, Battery Energy Storage Systems, Others), By Application (Residential, Commercial, Industrial) And Competitive Landscape
Product Code: ETC7369699 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

Grenada Energy Storage Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s energy storage import market in 2024 continued to be dominated by the USA, Trinidad and Tobago, China, and the UK, with Canada also making a significant contribution. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 9.25% from 2020 to 2024 reflects a strong overall market expansion. The notable growth rate of 13.04% from 2023 to 2024 suggests a promising outlook for the energy storage import sector in Grenada.

Key Highlights of the Report:

  • Grenada Energy Storage Market Outlook
  • Market Size of Grenada Energy Storage Market, 2024
  • Forecast of Grenada Energy Storage Market, 2031
  • Historical Data and Forecast of Grenada Energy Storage Revenues & Volume for the Period 2021- 2031
  • Grenada Energy Storage Market Trend Evolution
  • Grenada Energy Storage Market Drivers and Challenges
  • Grenada Energy Storage Price Trends
  • Grenada Energy Storage Porter's Five Forces
  • Grenada Energy Storage Industry Life Cycle
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Pumped-Hydro Storage for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Battery Energy Storage Systems for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Others for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Residential for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Commercial for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Energy Storage Market Revenues & Volume By Industrial for the Period 2021- 2031
  • Grenada Energy Storage Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Grenada Energy Storage Top Companies Market Share
  • Grenada Energy Storage Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Energy Storage Company Profiles
  • Grenada Energy Storage Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Energy Storage Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Energy Storage Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Energy Storage Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Energy Storage Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Energy Storage Market - Industry Life Cycle

3.4 Grenada Energy Storage Market - Porter's Five Forces

3.5 Grenada Energy Storage Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Energy Storage Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Energy Storage Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing adoption of renewable energy sources in Grenada

4.2.2 Government initiatives and policies promoting energy storage solutions

4.2.3 Growing demand for reliable and stable energy supply in Grenada

4.3 Market Restraints

4.3.1 High initial investment costs associated with energy storage systems

4.3.2 Lack of skilled workforce for installation and maintenance of energy storage solutions

4.3.3 Limited awareness and understanding of the benefits of energy storage among consumers in Grenada

5 Grenada Energy Storage Market Trends

6 Grenada Energy Storage Market, By Types

6.1 Grenada Energy Storage Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Energy Storage Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Grenada Energy Storage Market Revenues & Volume, By Pumped-Hydro Storage, 2021- 2031F

6.1.4 Grenada Energy Storage Market Revenues & Volume, By Battery Energy Storage Systems, 2021- 2031F

6.1.5 Grenada Energy Storage Market Revenues & Volume, By Others, 2021- 2031F

6.2 Grenada Energy Storage Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Energy Storage Market Revenues & Volume, By Residential, 2021- 2031F

6.2.3 Grenada Energy Storage Market Revenues & Volume, By Commercial, 2021- 2031F

6.2.4 Grenada Energy Storage Market Revenues & Volume, By Industrial, 2021- 2031F

7 Grenada Energy Storage Market Import-Export Trade Statistics

7.1 Grenada Energy Storage Market Export to Major Countries

7.2 Grenada Energy Storage Market Imports from Major Countries

8 Grenada Energy Storage Market Key Performance Indicators

8.1 Average daily energy storage capacity installed in Grenada

8.2 Number of energy storage projects initiated or completed

8.3 Percentage of energy generated from renewable sources in Grenada that is being stored

8.4 Average efficiency improvement achieved through energy storage systems

8.5 Frequency and duration of power outages reduced due to energy storage implementations

9 Grenada Energy Storage Market - Opportunity Assessment

9.1 Grenada Energy Storage Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Energy Storage Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Energy Storage Market - Competitive Landscape

10.1 Grenada Energy Storage Market Revenue Share, By Companies, 2024

10.2 Grenada Energy Storage Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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