| Product Code: ETC10272550 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s auto storage battery import market saw significant growth in 2024, with top exporters including South Korea, USA, Trinidad and Tobago, Mexico, and Puerto Rico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 17.53%, while the growth rate from 2023 to 2024 surged by 116.78%. This data suggests a thriving market with strong demand for auto storage batteries in Grenada, driven by imports from diverse countries.
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 Auto Storage Battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Auto Storage Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Auto Storage Battery Market - Industry Life Cycle |
3.4 Grenada Auto Storage Battery Market - Porter's Five Forces |
3.5 Grenada Auto Storage Battery Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Auto Storage Battery Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Auto Storage Battery Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Auto Storage Battery Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Auto Storage Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles in Grenada |
4.2.2 Growing awareness about the importance of sustainable energy sources |
4.2.3 Government incentives and policies promoting the adoption of renewable energy technologies |
4.3 Market Restraints |
4.3.1 High initial cost of auto storage batteries |
4.3.2 Limited availability of charging infrastructure for electric vehicles in Grenada |
5 Grenada Auto Storage Battery Market Trends |
6 Grenada Auto Storage Battery Market, By Types |
6.1 Grenada Auto Storage Battery Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Auto Storage Battery Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Auto Storage Battery Market Revenues & Volume, By Lithium-ion Batteries, 2021 - 2031F |
6.1.4 Grenada Auto Storage Battery Market Revenues & Volume, By Storage Batteries, 2021 - 2031F |
6.1.5 Grenada Auto Storage Battery Market Revenues & Volume, By Automotive Batteries, 2021 - 2031F |
6.2 Grenada Auto Storage Battery Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Auto Storage Battery Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 Grenada Auto Storage Battery Market Revenues & Volume, By Energy, 2021 - 2031F |
6.2.4 Grenada Auto Storage Battery Market Revenues & Volume, By Vehicles, 2021 - 2031F |
6.3 Grenada Auto Storage Battery Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Auto Storage Battery Market Revenues & Volume, By Electric Vehicles, 2021 - 2031F |
6.3.3 Grenada Auto Storage Battery Market Revenues & Volume, By Storage Systems, 2021 - 2031F |
6.3.4 Grenada Auto Storage Battery Market Revenues & Volume, By Battery Packs, 2021 - 2031F |
6.4 Grenada Auto Storage Battery Market, By Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Auto Storage Battery Market Revenues & Volume, By Rechargeable, 2021 - 2031F |
6.4.3 Grenada Auto Storage Battery Market Revenues & Volume, By Deep Cycle, 2021 - 2031F |
6.4.4 Grenada Auto Storage Battery Market Revenues & Volume, By Lead-acid, 2021 - 2031F |
7 Grenada Auto Storage Battery Market Import-Export Trade Statistics |
7.1 Grenada Auto Storage Battery Market Export to Major Countries |
7.2 Grenada Auto Storage Battery Market Imports from Major Countries |
8 Grenada Auto Storage Battery Market Key Performance Indicators |
8.1 Percentage increase in the number of electric vehicles registered in Grenada |
8.2 Growth rate of renewable energy installations in the country |
8.3 Average price reduction of auto storage batteries over a specific period |
8.4 Number of government initiatives or incentives supporting the adoption of electric vehicles and renewable energy sources |
8.5 Percentage increase in the number of auto storage battery recycling programs in Grenada |
9 Grenada Auto Storage Battery Market - Opportunity Assessment |
9.1 Grenada Auto Storage Battery Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Auto Storage Battery Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Auto Storage Battery Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Auto Storage Battery Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Auto Storage Battery Market - Competitive Landscape |
10.1 Grenada Auto Storage Battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Auto Storage Battery 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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