| Product Code: ETC7365471 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada saw significant import shipments of Bluetooth LED bulbs, with top exporting countries being China, USA, UK, Dominican Republic, and Hong Kong. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 61.49%. However, there was a slight decline in growth rate from 2023 to 2024 at -27.09%. This data suggests a strong market demand for Bluetooth LED bulbs in Grenada, with room for potential market expansion and diversification 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 Bluetooth Light-emitting Diode (LED) Bulb Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market - Industry Life Cycle |
3.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market - Porter's Five Forces |
3.5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By Compatibility Type, 2021 & 2031F |
3.7 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By Connectivity Technologies, 2021 & 2031F |
3.8 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By Lighting Type, 2021 & 2031F |
3.9 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.10 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions in Grenada |
4.2.2 Growing awareness and adoption of smart home technologies |
4.2.3 Government initiatives promoting the use of LED lighting for energy conservation |
4.3 Market Restraints |
4.3.1 High initial cost of Bluetooth LED bulbs compared to traditional lighting options |
4.3.2 Limited availability of Bluetooth-compatible fixtures and infrastructure in Grenada |
4.3.3 Concerns regarding data security and privacy with Bluetooth-enabled devices |
5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Trends |
6 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Types |
6.1 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Red Light, 2021- 2031F |
6.1.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Blue Light, 2021- 2031F |
6.1.5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Green Light, 2021- 2031F |
6.1.6 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Compatibility Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Smartphones Tablets, 2021- 2031F |
6.2.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Laptops, 2021- 2031F |
6.2.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Connectivity Technologies |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Wireless, 2021- 2031F |
6.3.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Wired Technology, 2021- 2031F |
6.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Lighting Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Florescent Lights, 2021- 2031F |
6.4.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By LED Lamps, 2021- 2031F |
6.4.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By HID Lamps, 2021- 2031F |
6.4.5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By Components |
6.5.1 Overview and Analysis |
6.5.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Control and Communication, 2021- 2031F |
6.5.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Luminaries and Fixtures, 2021- 2031F |
6.6 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market, By End-User |
6.6.1 Overview and Analysis |
6.6.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Industrial, 2021- 2031F |
6.6.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Commercial, 2021- 2031F |
6.6.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenues & Volume, By Residential, 2021- 2031F |
7 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Import-Export Trade Statistics |
7.1 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Export to Major Countries |
7.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Imports from Major Countries |
8 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Key Performance Indicators |
8.1 Adoption rate of smart home technologies in Grenada |
8.2 Number of government-led energy conservation programs promoting LED lighting |
8.3 Percentage increase in the sales of Bluetooth LED bulbs compared to traditional LED bulbs |
8.4 Average lifespan and energy efficiency of Bluetooth LED bulbs in the Grenada market |
9 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market - Opportunity Assessment |
9.1 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By Compatibility Type, 2021 & 2031F |
9.3 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By Connectivity Technologies, 2021 & 2031F |
9.4 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By Lighting Type, 2021 & 2031F |
9.5 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By Components, 2021 & 2031F |
9.6 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market - Competitive Landscape |
10.1 Grenada Bluetooth Light-emitting Diode (LED) Bulb Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bluetooth Light-emitting Diode (LED) Bulb 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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