| Product Code: ETC12180262 | 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 |
The import shipments of alternating current electric drives to Grenada saw a notable increase in concentration in 2024, indicating a dominance of top exporting countries. The United States, Trinidad and Tobago, UK, China, and Ireland were the key players in supplying these products. Despite a negative compound annual growth rate from 2020 to 2024, there was a significant surge in growth rate from 2023 to 2024 at 13.08%. This data suggests a potential shift in market dynamics and highlights the importance of monitoring trends in the electric drives industry for businesses operating 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 Alternating Current Electric Drives Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Alternating Current Electric Drives Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Alternating Current Electric Drives Market - Industry Life Cycle |
3.4 Grenada Alternating Current Electric Drives Market - Porter's Five Forces |
3.5 Grenada Alternating Current Electric Drives Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 Grenada Alternating Current Electric Drives Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Alternating Current Electric Drives Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Alternating Current Electric Drives Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Alternating Current Electric Drives Market Trends |
6 Grenada Alternating Current Electric Drives Market, By Types |
6.1 Grenada Alternating Current Electric Drives Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Power Rating, 2021 - 2031F |
6.1.3 Grenada Alternating Current Electric Drives Market Revenues & Volume, By 10 kW, 2021 - 2031F |
6.1.4 Grenada Alternating Current Electric Drives Market Revenues & Volume, By 10-100 kW, 2021 - 2031F |
6.1.5 Grenada Alternating Current Electric Drives Market Revenues & Volume, By >100 kW, 2021 - 2031F |
6.2 Grenada Alternating Current Electric Drives Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Pumps & Fans, 2021 - 2031F |
6.2.3 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Conveyors, 2021 - 2031F |
6.2.4 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Compressors, 2021 - 2031F |
6.3 Grenada Alternating Current Electric Drives Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.3.3 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Chemical, 2021 - 2031F |
6.3.4 Grenada Alternating Current Electric Drives Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Alternating Current Electric Drives Market Import-Export Trade Statistics |
7.1 Grenada Alternating Current Electric Drives Market Export to Major Countries |
7.2 Grenada Alternating Current Electric Drives Market Imports from Major Countries |
8 Grenada Alternating Current Electric Drives Market Key Performance Indicators |
9 Grenada Alternating Current Electric Drives Market - Opportunity Assessment |
9.1 Grenada Alternating Current Electric Drives Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 Grenada Alternating Current Electric Drives Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Alternating Current Electric Drives Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Alternating Current Electric Drives Market - Competitive Landscape |
10.1 Grenada Alternating Current Electric Drives Market Revenue Share, By Companies, 2024 |
10.2 Grenada Alternating Current Electric Drives 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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