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

Market Forecast By Vehicle Type (Commercial Vehicles, Two-Wheelers), By Fuel Category (BEV, FCEV, HEV, PHEV) And Competitive Landscape
Product Code: ETC7363560 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sumit Sagar No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Grenada Alternative Fuel Vehicles Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of alternative fuel vehicles to Grenada in 2024 continued to see a significant upward trend, with top exporting countries being Japan, Thailand, Indonesia, India, and the UK. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 51.85% from 2020 to 2024 highlights the increasing demand for alternative fuel vehicles in Grenada. Moreover, the notable growth rate of 66.4% in 2024 demonstrates a continued acceleration in the adoption of sustainable transportation options in the country.

Key Highlights of the Report:

  • Grenada Alternative Fuel Vehicles Market Outlook
  • Market Size of Grenada Alternative Fuel Vehicles Market, 2024
  • Forecast of Grenada Alternative Fuel Vehicles Market, 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Revenues & Volume for the Period 2021- 2031
  • Grenada Alternative Fuel Vehicles Market Trend Evolution
  • Grenada Alternative Fuel Vehicles Market Drivers and Challenges
  • Grenada Alternative Fuel Vehicles Price Trends
  • Grenada Alternative Fuel Vehicles Porter's Five Forces
  • Grenada Alternative Fuel Vehicles Industry Life Cycle
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By Commercial Vehicles for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By Two-Wheelers for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By Fuel Category for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By BEV for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By FCEV for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By HEV for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Alternative Fuel Vehicles Market Revenues & Volume By PHEV for the Period 2021- 2031
  • Grenada Alternative Fuel Vehicles Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Fuel Category
  • Grenada Alternative Fuel Vehicles Top Companies Market Share
  • Grenada Alternative Fuel Vehicles Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Alternative Fuel Vehicles Company Profiles
  • Grenada Alternative Fuel Vehicles Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Alternative Fuel Vehicles 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 Alternative Fuel Vehicles 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 Alternative Fuel Vehicles Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Alternative Fuel Vehicles Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Alternative Fuel Vehicles Market - Industry Life Cycle

3.4 Grenada Alternative Fuel Vehicles Market - Porter's Five Forces

3.5 Grenada Alternative Fuel Vehicles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Grenada Alternative Fuel Vehicles Market Revenues & Volume Share, By Fuel Category, 2021 & 2031F

4 Grenada Alternative Fuel Vehicles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Alternative Fuel Vehicles Market Trends

6 Grenada Alternative Fuel Vehicles Market, By Types

6.1 Grenada Alternative Fuel Vehicles Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By Vehicle Type, 2021- 2031F

6.1.3 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F

6.1.4 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By Two-Wheelers, 2021- 2031F

6.2 Grenada Alternative Fuel Vehicles Market, By Fuel Category

6.2.1 Overview and Analysis

6.2.2 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By BEV, 2021- 2031F

6.2.3 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By FCEV, 2021- 2031F

6.2.4 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By HEV, 2021- 2031F

6.2.5 Grenada Alternative Fuel Vehicles Market Revenues & Volume, By PHEV, 2021- 2031F

7 Grenada Alternative Fuel Vehicles Market Import-Export Trade Statistics

7.1 Grenada Alternative Fuel Vehicles Market Export to Major Countries

7.2 Grenada Alternative Fuel Vehicles Market Imports from Major Countries

8 Grenada Alternative Fuel Vehicles Market Key Performance Indicators

9 Grenada Alternative Fuel Vehicles Market - Opportunity Assessment

9.1 Grenada Alternative Fuel Vehicles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Grenada Alternative Fuel Vehicles Market Opportunity Assessment, By Fuel Category, 2021 & 2031F

10 Grenada Alternative Fuel Vehicles Market - Competitive Landscape

10.1 Grenada Alternative Fuel Vehicles Market Revenue Share, By Companies, 2024

10.2 Grenada Alternative Fuel Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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