| Product Code: ETC11516518 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The commercial LED lighting import market in Grenada saw significant growth in 2024, with top exporting countries being the USA, UK, China, Spain, and Germany. The market concentration, as measured by the HHI, increased from high to very high in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 21.98% from 2020 to 2024 demonstrates sustained market expansion. Moreover, the remarkable growth rate of 55.79% from 2023 to 2024 highlights the increasing demand for energy-efficient lighting solutions in Grenada`s commercial 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 Commercial LED Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commercial LED Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commercial LED Lighting Market - Industry Life Cycle |
3.4 Grenada Commercial LED Lighting Market - Porter's Five Forces |
3.5 Grenada Commercial LED Lighting Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Commercial LED Lighting Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Commercial LED Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Commercial LED Lighting Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Commercial LED Lighting Market Revenues & Volume Share, By Energy Efficiency, 2021 & 2031F |
4 Grenada Commercial LED Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Commercial LED Lighting Market Trends |
6 Grenada Commercial LED Lighting Market, By Types |
6.1 Grenada Commercial LED Lighting Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commercial LED Lighting Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Commercial LED Lighting Market Revenues & Volume, By LED Bulbs, 2021 - 2031F |
6.1.4 Grenada Commercial LED Lighting Market Revenues & Volume, By LED Tube Lights, 2021 - 2031F |
6.1.5 Grenada Commercial LED Lighting Market Revenues & Volume, By LED Panel Lights, 2021 - 2031F |
6.1.6 Grenada Commercial LED Lighting Market Revenues & Volume, By LED Street Lights, 2021 - 2031F |
6.2 Grenada Commercial LED Lighting Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commercial LED Lighting Market Revenues & Volume, By Smart Sensors, 2021 - 2031F |
6.2.3 Grenada Commercial LED Lighting Market Revenues & Volume, By IoT-Enabled, 2021 - 2031F |
6.2.4 Grenada Commercial LED Lighting Market Revenues & Volume, By AI-Based Control, 2021 - 2031F |
6.2.5 Grenada Commercial LED Lighting Market Revenues & Volume, By Remote Monitoring, 2021 - 2031F |
6.3 Grenada Commercial LED Lighting Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Commercial LED Lighting Market Revenues & Volume, By Office Buildings, 2021 - 2031F |
6.3.3 Grenada Commercial LED Lighting Market Revenues & Volume, By Hotels, 2021 - 2031F |
6.3.4 Grenada Commercial LED Lighting Market Revenues & Volume, By Industrial Plants, 2021 - 2031F |
6.3.5 Grenada Commercial LED Lighting Market Revenues & Volume, By Outdoor Lighting, 2021 - 2031F |
6.4 Grenada Commercial LED Lighting Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Commercial LED Lighting Market Revenues & Volume, By Shopping Malls, 2021 - 2031F |
6.4.3 Grenada Commercial LED Lighting Market Revenues & Volume, By Airports, 2021 - 2031F |
6.4.4 Grenada Commercial LED Lighting Market Revenues & Volume, By Manufacturing, 2021 - 2031F |
6.4.5 Grenada Commercial LED Lighting Market Revenues & Volume, By Municipalities, 2021 - 2031F |
6.5 Grenada Commercial LED Lighting Market, By Energy Efficiency |
6.5.1 Overview and Analysis |
6.5.2 Grenada Commercial LED Lighting Market Revenues & Volume, By Energy Star Certified, 2021 - 2031F |
6.5.3 Grenada Commercial LED Lighting Market Revenues & Volume, By LEED Certified, 2021 - 2031F |
6.5.4 Grenada Commercial LED Lighting Market Revenues & Volume, By Smart Grid Integration, 2021 - 2031F |
6.5.5 Grenada Commercial LED Lighting Market Revenues & Volume, By Low Energy Consumption, 2021 - 2031F |
7 Grenada Commercial LED Lighting Market Import-Export Trade Statistics |
7.1 Grenada Commercial LED Lighting Market Export to Major Countries |
7.2 Grenada Commercial LED Lighting Market Imports from Major Countries |
8 Grenada Commercial LED Lighting Market Key Performance Indicators |
9 Grenada Commercial LED Lighting Market - Opportunity Assessment |
9.1 Grenada Commercial LED Lighting Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Commercial LED Lighting Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Commercial LED Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Commercial LED Lighting Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Commercial LED Lighting Market Opportunity Assessment, By Energy Efficiency, 2021 & 2031F |
10 Grenada Commercial LED Lighting Market - Competitive Landscape |
10.1 Grenada Commercial LED Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commercial LED Lighting 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.
To discover high-growth global markets and optimize your business strategy:
Click Here