| Product Code: ETC5404228 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada`s import of circuit breakers continued to see high concentration with top exporters being the UK, Trinidad and Tobago, USA, Metropolitan France, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 0.81% from 2020-24, there was a significant growth spike of 57.77% from 2023-24. This suggests a dynamic market with potential opportunities for both local businesses and international suppliers to capitalize on the growing demand for circuit breakers in Grenada.
Grenada's Circuit Breaker market is anticipated to experience a stable growth rate of 1.57% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Circuit Breaker Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Circuit Breaker Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Circuit Breaker Market - Industry Life Cycle |
3.4 Grenada Circuit Breaker Market - Porter's Five Forces |
3.5 Grenada Circuit Breaker Market Revenues & Volume Share, By Insulation Type, 2021 & 2031F |
3.6 Grenada Circuit Breaker Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Grenada Circuit Breaker Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.8 Grenada Circuit Breaker Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Circuit Breaker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electricity in Grenada |
4.2.2 Growing concern for electrical safety and regulations |
4.2.3 Government initiatives to improve infrastructure and reliability of power supply |
4.3 Market Restraints |
4.3.1 High initial investment cost of circuit breakers |
4.3.2 Limited awareness and education on the importance of circuit breakers |
4.3.3 Lack of skilled professionals for installation and maintenance of circuit breakers |
5 Grenada Circuit Breaker Market Trends |
6 Grenada Circuit Breaker Market Segmentations |
6.1 Grenada Circuit Breaker Market, By Insulation Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Circuit Breaker Market Revenues & Volume, By Vacuum Circuit Breaker, 2021-2031F |
6.1.3 Grenada Circuit Breaker Market Revenues & Volume, By Air Circuit Breaker, 2021-2031F |
6.1.4 Grenada Circuit Breaker Market Revenues & Volume, By Gas Circuit Breaker, 2021-2031F |
6.1.5 Grenada Circuit Breaker Market Revenues & Volume, By Oil? Circuit Breaker, 2021-2031F |
6.2 Grenada Circuit Breaker Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Grenada Circuit Breaker Market Revenues & Volume, By Medium Voltage, 2021-2031F |
6.2.3 Grenada Circuit Breaker Market Revenues & Volume, By High Voltage, 2021-2031F |
6.3 Grenada Circuit Breaker Market, By Installation |
6.3.1 Overview and Analysis |
6.3.2 Grenada Circuit Breaker Market Revenues & Volume, By Indoor, 2021-2031F |
6.3.3 Grenada Circuit Breaker Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4 Grenada Circuit Breaker Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Circuit Breaker Market Revenues & Volume, By T&D Utilities, 2021-2031F |
6.4.3 Grenada Circuit Breaker Market Revenues & Volume, By Power Generation, 2021-2031F |
6.4.4 Grenada Circuit Breaker Market Revenues & Volume, By Renewables, 2021-2031F |
6.4.5 Grenada Circuit Breaker Market Revenues & Volume, By Railways, 2021-2031F |
7 Grenada Circuit Breaker Market Import-Export Trade Statistics |
7.1 Grenada Circuit Breaker Market Export to Major Countries |
7.2 Grenada Circuit Breaker Market Imports from Major Countries |
8 Grenada Circuit Breaker Market Key Performance Indicators |
8.1 Number of new construction projects in Grenada |
8.2 Percentage of households with upgraded electrical systems |
8.3 Rate of adoption of smart grid technologies |
8.4 Number of training programs for electricians and technicians in Grenada |
8.5 Frequency of power outages in Grenada |
9 Grenada Circuit Breaker Market - Opportunity Assessment |
9.1 Grenada Circuit Breaker Market Opportunity Assessment, By Insulation Type, 2021 & 2031F |
9.2 Grenada Circuit Breaker Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Grenada Circuit Breaker Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.4 Grenada Circuit Breaker Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Circuit Breaker Market - Competitive Landscape |
10.1 Grenada Circuit Breaker Market Revenue Share, By Companies, 2024 |
10.2 Grenada Circuit Breaker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |