| Product Code: ETC5224545 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a high concentration of air heaters imports, with top countries like the USA, China, UK, Puerto Rico, and Germany dominating the market. The industry experienced a remarkable Compound Annual Growth Rate (CAGR) of 33.01% from 2020 to 2024, showcasing strong demand. Furthermore, the impressive growth rate of 94.85% from 2023 to 2024 indicates a significant uptick in import shipments. Grenada`s air heaters market remains dynamic and attractive for exporters, presenting opportunities for further expansion and collaboration in the coming years.
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 Air Heaters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Air Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Air Heaters Market - Industry Life Cycle |
3.4 Grenada Air Heaters Market - Porter's Five Forces |
3.5 Grenada Air Heaters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Air Heaters Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Air Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions |
4.2.2 Growing awareness about environmental sustainability |
4.2.3 Rise in construction activities and infrastructure development in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment cost of air heaters |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 Grenada Air Heaters Market Trends |
6 Grenada Air Heaters Market Segmentations |
6.1 Grenada Air Heaters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Air Heaters Market Revenues & Volume, By Indirect Fired Air Heaters, 2021-2031F |
6.1.3 Grenada Air Heaters Market Revenues & Volume, By Direct Fired Air Heaters, 2021-2031F |
6.1.4 Grenada Air Heaters Market Revenues & Volume, By Duct Heater, 2021-2031F | 6.1.6 Grenada Air Heaters Market Revenues & Volume, By Portable Air Heater, 2021-2031F |
6.1.6 Grenada Air Heaters Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Air Heaters Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Air Heaters Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Grenada Air Heaters Market Revenues & Volume, By Drying, 2021-2031F |
6.2.4 Grenada Air Heaters Market Revenues & Volume, By Sealing, 2021-2031F |
6.2.5 Grenada Air Heaters Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Air Heaters Market Import-Export Trade Statistics |
7.1 Grenada Air Heaters Market Export to Major Countries |
7.2 Grenada Air Heaters Market Imports from Major Countries |
8 Grenada Air Heaters Market Key Performance Indicators |
8.1 Energy efficiency rating of air heaters |
8.2 Number of new construction projects utilizing air heaters |
8.3 Percentage of households using air heaters in Grenada |
8.4 Average lifespan of air heaters in the market |
8.5 Adoption rate of smart heating technologies in air heaters |
9 Grenada Air Heaters Market - Opportunity Assessment |
9.1 Grenada Air Heaters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Air Heaters Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Air Heaters Market - Competitive Landscape |
10.1 Grenada Air Heaters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Air Heaters 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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