| Product Code: ETC5112559 | 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 |
In 2024, Grenada saw strong import shipments of circuit breakers, with top exporters being the UK, Trinidad and Tobago, USA, Metropolitan France, and Barbados. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 0.81, indicating steady growth over the period. Notably, the growth rate from 2023 to 2024 spiked significantly at 57.77%, suggesting a surge in demand for circuit breakers in Grenada. This data indicates a promising market for circuit breaker imports in the country.
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 Breakers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Circuit Breakers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Circuit Breakers Market - Industry Life Cycle |
3.4 Grenada Circuit Breakers Market - Porter's Five Forces |
3.5 Grenada Circuit Breakers Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Circuit Breakers Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Circuit Breakers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing investments in infrastructure development in Grenada |
4.2.2 Growing focus on renewable energy sources leading to the installation of more circuit breakers |
4.2.3 Rising demand for advanced technology and smart grid solutions |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with installing circuit breakers |
4.3.2 Limited awareness and understanding of the benefits of circuit breakers |
4.3.3 Lack of skilled professionals for maintenance and repair of circuit breakers |
5 Grenada Circuit Breakers Market Trends |
6 Grenada Circuit Breakers Market Segmentations |
6.1 Grenada Circuit Breakers Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Circuit Breakers Market Revenues & Volume, By Type B MCB, 2021-2031F |
6.1.3 Grenada Circuit Breakers Market Revenues & Volume, By Type C MCB, 2021-2031F |
6.1.4 Grenada Circuit Breakers Market Revenues & Volume, By Type D MCB, 2021-2031F |
6.2 Grenada Circuit Breakers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Circuit Breakers Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Circuit Breakers Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Circuit Breakers Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Circuit Breakers Market Import-Export Trade Statistics |
7.1 Grenada Circuit Breakers Market Export to Major Countries |
7.2 Grenada Circuit Breakers Market Imports from Major Countries |
8 Grenada Circuit Breakers Market Key Performance Indicators |
8.1 Number of new infrastructure projects initiated in Grenada |
8.2 Percentage increase in renewable energy capacity in Grenada |
8.3 Adoption rate of smart grid solutions in the country |
8.4 Number of training programs conducted for professionals in the electrical industry |
8.5 Maintenance and repair turnaround time for circuit breakers in Grenada |
9 Grenada Circuit Breakers Market - Opportunity Assessment |
9.1 Grenada Circuit Breakers Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Circuit Breakers Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Circuit Breakers Market - Competitive Landscape |
10.1 Grenada Circuit Breakers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Circuit Breakers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |