| Product Code: ETC11751718 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s import shipments of AC/DC converters in 2024 continued to be dominated by top exporting countries such as the USA, Trinidad and Tobago, UK, China, and Ireland. The market concentration, as measured by the HHI, significantly increased from 2023 to 2024, indicating a very high level of concentration among suppliers. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with a 13.08% increase in import shipments compared to the previous year. This suggests a potential shift in market dynamics and opportunities for further analysis and exploration.
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 AC DC Converter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada AC DC Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada AC DC Converter Market - Industry Life Cycle |
3.4 Grenada AC DC Converter Market - Porter's Five Forces |
3.5 Grenada AC DC Converter Market Revenues & Volume Share, By Converter Type, 2021 & 2031F |
3.6 Grenada AC DC Converter Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada AC DC Converter Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada AC DC Converter Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada AC DC Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada AC DC Converter Market Trends |
6 Grenada AC DC Converter Market, By Types |
6.1 Grenada AC DC Converter Market, By Converter Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada AC DC Converter Market Revenues & Volume, By Converter Type, 2021 - 2031F |
6.1.3 Grenada AC DC Converter Market Revenues & Volume, By Isolated Converter, 2021 - 2031F |
6.1.4 Grenada AC DC Converter Market Revenues & Volume, By Non-Isolated, 2021 - 2031F |
6.1.5 Grenada AC DC Converter Market Revenues & Volume, By High-Efficiency, 2021 - 2031F |
6.1.6 Grenada AC DC Converter Market Revenues & Volume, By Custom Design, 2021 - 2031F |
6.2 Grenada AC DC Converter Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada AC DC Converter Market Revenues & Volume, By < 100W, 2021 - 2031F |
6.2.3 Grenada AC DC Converter Market Revenues & Volume, By 100W“1kW, 2021 - 2031F |
6.2.4 Grenada AC DC Converter Market Revenues & Volume, By > 1kW, 2021 - 2031F |
6.2.5 Grenada AC DC Converter Market Revenues & Volume, By Variable, 2021 - 2031F |
6.3 Grenada AC DC Converter Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada AC DC Converter Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.3.3 Grenada AC DC Converter Market Revenues & Volume, By Industrial Automation, 2021 - 2031F |
6.3.4 Grenada AC DC Converter Market Revenues & Volume, By Renewable Energy, 2021 - 2031F |
6.3.5 Grenada AC DC Converter Market Revenues & Volume, By Aerospace/Defense, 2021 - 2031F |
6.4 Grenada AC DC Converter Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada AC DC Converter Market Revenues & Volume, By OEMs, 2021 - 2031F |
6.4.3 Grenada AC DC Converter Market Revenues & Volume, By Manufacturers, 2021 - 2031F |
6.4.4 Grenada AC DC Converter Market Revenues & Volume, By Utility Companies, 2021 - 2031F |
6.4.5 Grenada AC DC Converter Market Revenues & Volume, By Specialized Sectors, 2021 - 2031F |
7 Grenada AC DC Converter Market Import-Export Trade Statistics |
7.1 Grenada AC DC Converter Market Export to Major Countries |
7.2 Grenada AC DC Converter Market Imports from Major Countries |
8 Grenada AC DC Converter Market Key Performance Indicators |
9 Grenada AC DC Converter Market - Opportunity Assessment |
9.1 Grenada AC DC Converter Market Opportunity Assessment, By Converter Type, 2021 & 2031F |
9.2 Grenada AC DC Converter Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada AC DC Converter Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada AC DC Converter Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada AC DC Converter Market - Competitive Landscape |
10.1 Grenada AC DC Converter Market Revenue Share, By Companies, 2024 |
10.2 Grenada AC DC Converter 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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