| Product Code: ETC5166424 | 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 |
Grenada`s battery pack import market saw significant growth in 2024, with top exporting countries being the USA, Trinidad and Tobago, China, UK, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 12.04%, with a notable growth rate of 20.62% in 2023-24. These trends suggest a thriving battery pack import sector in Grenada with continued potential for expansion and diversification in the coming years.
The Battery Pack market in Grenada is projected to grow at a stable growth rate of 2.88% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Battery Pack Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Battery Pack Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Battery Pack Market - Industry Life Cycle |
3.4 Grenada Battery Pack Market - Porter's Five Forces |
3.5 Grenada Battery Pack Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Battery Pack Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.7 Grenada Battery Pack Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Battery Pack Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electric vehicles |
4.2.2 Growing adoption of renewable energy sources |
4.2.3 Technological advancements in battery technology |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from existing battery manufacturers |
4.3.3 Regulatory challenges related to battery disposal and recycling |
5 Grenada Battery Pack Market Trends |
6 Grenada Battery Pack Market Segmentations |
6.1 Grenada Battery Pack Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Battery Pack Market Revenues & Volume, By Laptop Battery Pack, 2021-2031F |
6.1.3 Grenada Battery Pack Market Revenues & Volume, By Power Battery Pack, 2021-2031F |
6.1.4 Grenada Battery Pack Market Revenues & Volume, By Phone Battery Pack, 2021-2031F |
6.1.5 Grenada Battery Pack Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Battery Pack Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Battery Pack Market Revenues & Volume, By Lithium-ion Battery, 2021-2031F |
6.2.3 Grenada Battery Pack Market Revenues & Volume, By Nickel Metal Hydride Battery, 2021-2031F |
6.2.4 Grenada Battery Pack Market Revenues & Volume, By Lithium-polymer Battery, 2021-2031F |
6.2.5 Grenada Battery Pack Market Revenues & Volume, By Nickel Cadmium Battery, 2021-2031F |
6.2.6 Grenada Battery Pack Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Battery Pack Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Battery Pack Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.3 Grenada Battery Pack Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Grenada Battery Pack Market Revenues & Volume, By Power Tools, 2021-2031F |
6.3.5 Grenada Battery Pack Market Revenues & Volume, By Medical, 2021-2031F |
6.3.6 Grenada Battery Pack Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Battery Pack Market Import-Export Trade Statistics |
7.1 Grenada Battery Pack Market Export to Major Countries |
7.2 Grenada Battery Pack Market Imports from Major Countries |
8 Grenada Battery Pack Market Key Performance Indicators |
8.1 Average battery lifespan in Grenada |
8.2 Percentage of businesses using battery energy storage systems |
8.3 Number of charging stations for electric vehicles in Grenada |
9 Grenada Battery Pack Market - Opportunity Assessment |
9.1 Grenada Battery Pack Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Battery Pack Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.3 Grenada Battery Pack Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Battery Pack Market - Competitive Landscape |
10.1 Grenada Battery Pack Market Revenue Share, By Companies, 2024 |
10.2 Grenada Battery Pack 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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