| Product Code: ETC11589670 | 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 |
The import shipments of Grenada chip on board lights in 2024 saw a significant increase in concentration, with top exporting countries being the USA, UK, China, Spain, and Germany. The high Herfindahl-Hirschman Index (HHI) in 2023 escalated to very high concentration in 2024, indicating a growing dominance of these key players in the market. The impressive compound annual growth rate (CAGR) of 21.98% from 2020 to 2024 highlights the expanding demand for chip on board lights in Grenada. Moreover, the remarkable growth rate of 55.79% from 2023 to 2024 signifies a rapid acceleration in market activity within this sector.
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 Chip on Board Light Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Chip on Board Light Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Chip on Board Light Market - Industry Life Cycle |
3.4 Grenada Chip on Board Light Market - Porter's Five Forces |
3.5 Grenada Chip on Board Light Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Chip on Board Light Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Grenada Chip on Board Light Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Chip on Board Light Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Chip on Board Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Chip on Board Light Market Trends |
6 Grenada Chip on Board Light Market, By Types |
6.1 Grenada Chip on Board Light Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Chip on Board Light Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Chip on Board Light Market Revenues & Volume, By Chip on Board Lights, 2021 - 2031F |
6.1.4 Grenada Chip on Board Light Market Revenues & Volume, By Flexible COB Lights, 2021 - 2031F |
6.1.5 Grenada Chip on Board Light Market Revenues & Volume, By RGB COB Lights, 2021 - 2031F |
6.1.6 Grenada Chip on Board Light Market Revenues & Volume, By COB Light Fixtures, 2021 - 2031F |
6.2 Grenada Chip on Board Light Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Chip on Board Light Market Revenues & Volume, By High Brightness Technology, 2021 - 2031F |
6.2.3 Grenada Chip on Board Light Market Revenues & Volume, By Flexible Chip Technology, 2021 - 2031F |
6.2.4 Grenada Chip on Board Light Market Revenues & Volume, By Color Mixing Technology, 2021 - 2031F |
6.2.5 Grenada Chip on Board Light Market Revenues & Volume, By LED Chip Technology, 2021 - 2031F |
6.3 Grenada Chip on Board Light Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Chip on Board Light Market Revenues & Volume, By General Consumer Market, 2021 - 2031F |
6.3.3 Grenada Chip on Board Light Market Revenues & Volume, By Automotive Manufacturers, 2021 - 2031F |
6.3.4 Grenada Chip on Board Light Market Revenues & Volume, By Commercial Industry, 2021 - 2031F |
6.3.5 Grenada Chip on Board Light Market Revenues & Volume, By Government and Infrastructure, 2021 - 2031F |
6.4 Grenada Chip on Board Light Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Chip on Board Light Market Revenues & Volume, By Outdoor and Indoor Lighting Solutions, 2021 - 2031F |
6.4.3 Grenada Chip on Board Light Market Revenues & Volume, By Vehicle Lighting Systems, 2021 - 2031F |
6.4.4 Grenada Chip on Board Light Market Revenues & Volume, By Architectural and Decorative Lighting, 2021 - 2031F |
6.4.5 Grenada Chip on Board Light Market Revenues & Volume, By Street and Public Lighting, 2021 - 2031F |
7 Grenada Chip on Board Light Market Import-Export Trade Statistics |
7.1 Grenada Chip on Board Light Market Export to Major Countries |
7.2 Grenada Chip on Board Light Market Imports from Major Countries |
8 Grenada Chip on Board Light Market Key Performance Indicators |
9 Grenada Chip on Board Light Market - Opportunity Assessment |
9.1 Grenada Chip on Board Light Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Chip on Board Light Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Grenada Chip on Board Light Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Chip on Board Light Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Chip on Board Light Market - Competitive Landscape |
10.1 Grenada Chip on Board Light Market Revenue Share, By Companies, 2024 |
10.2 Grenada Chip on Board Light 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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