| Product Code: ETC7366117 | 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 |
In 2024, Grenada saw a significant increase in import shipments for captive power plant equipment, with top exporting countries including Panama, China, USA, Canada, and Anguilla. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 2.3%, showcasing steady expansion in the sector. Notably, the growth rate from 2023 to 2024 surged to an impressive 575.8%, reflecting a rapid acceleration in trade activity for captive power plant imports 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 Captive Power Plant Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Captive Power Plant Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Captive Power Plant Market - Industry Life Cycle |
3.4 Grenada Captive Power Plant Market - Porter's Five Forces |
3.5 Grenada Captive Power Plant Market Revenues & Volume Share, By Fuel Source, 2021 & 2031F |
3.6 Grenada Captive Power Plant Market Revenues & Volume Share, By Industry, 2021 & 2031F |
4 Grenada Captive Power Plant Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and uninterrupted power supply in Grenada |
4.2.2 Growing awareness about the benefits of captive power plants in terms of cost savings and energy efficiency |
4.2.3 Government support and incentives for promoting renewable energy sources like solar and wind for captive power generation |
4.3 Market Restraints |
4.3.1 High initial investment and operational costs associated with setting up captive power plants |
4.3.2 Limited technical expertise and skilled labor for operating and maintaining captive power plants in Grenada |
4.3.3 Regulatory challenges and uncertainties related to policies governing captive power generation in the country |
5 Grenada Captive Power Plant Market Trends |
6 Grenada Captive Power Plant Market, By Types |
6.1 Grenada Captive Power Plant Market, By Fuel Source |
6.1.1 Overview and Analysis |
6.1.2 Grenada Captive Power Plant Market Revenues & Volume, By Fuel Source, 2021- 2031F |
6.1.3 Grenada Captive Power Plant Market Revenues & Volume, By Coal, 2021- 2031F |
6.1.4 Grenada Captive Power Plant Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.5 Grenada Captive Power Plant Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.6 Grenada Captive Power Plant Market Revenues & Volume, By Renewable, 2021- 2031F |
6.1.7 Grenada Captive Power Plant Market Revenues & Volume, By Other Fuel Sources, 2021- 2031F |
6.2 Grenada Captive Power Plant Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Captive Power Plant Market Revenues & Volume, By Cement, 2021- 2031F |
6.2.3 Grenada Captive Power Plant Market Revenues & Volume, By Steel, 2021- 2031F |
6.2.4 Grenada Captive Power Plant Market Revenues & Volume, By Metal & Minerals, 2021- 2031F |
6.2.5 Grenada Captive Power Plant Market Revenues & Volume, By Petrochemicals, 2021- 2031F |
7 Grenada Captive Power Plant Market Import-Export Trade Statistics |
7.1 Grenada Captive Power Plant Market Export to Major Countries |
7.2 Grenada Captive Power Plant Market Imports from Major Countries |
8 Grenada Captive Power Plant Market Key Performance Indicators |
8.1 Renewable energy penetration rate in Grenada's power generation mix |
8.2 Average downtime of captive power plants in Grenada |
8.3 Percentage of electricity demand met through captive power generation in Grenada |
9 Grenada Captive Power Plant Market - Opportunity Assessment |
9.1 Grenada Captive Power Plant Market Opportunity Assessment, By Fuel Source, 2021 & 2031F |
9.2 Grenada Captive Power Plant Market Opportunity Assessment, By Industry, 2021 & 2031F |
10 Grenada Captive Power Plant Market - Competitive Landscape |
10.1 Grenada Captive Power Plant Market Revenue Share, By Companies, 2024 |
10.2 Grenada Captive Power Plant 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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