| Product Code: ETC5598522 | 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 saw a significant increase in commercial lighting import shipments, with the top exporting countries being the USA, UK, China, Spain, and Germany. The market concentration, as measured by the HHI, shifted from moderate to very high in just one year, indicating a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 21.42% from 2020 to 2024, along with a growth rate of 18.25% in 2024, highlights the strong demand for commercial lighting products in Grenada and suggests a thriving market for international exporters.
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 Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commercial Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commercial Lighting Market - Industry Life Cycle |
3.4 Grenada Commercial Lighting Market - Porter's Five Forces |
3.5 Grenada Commercial Lighting Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.6 Grenada Commercial Lighting Market Revenues & Volume Share, By Installation Type , 2021 & 2031F |
3.7 Grenada Commercial Lighting Market Revenues & Volume Share, By End-use Application , 2021 & 2031F |
3.8 Grenada Commercial Lighting Market Revenues & Volume Share, By Communication Technology, 2021 & 2031F |
4 Grenada Commercial Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting energy efficiency and sustainability in commercial lighting. |
4.2.2 Increasing demand for smart lighting solutions in commercial spaces. |
4.2.3 Growing investments in infrastructure development leading to new commercial construction projects. |
4.3 Market Restraints |
4.3.1 High initial investment costs for implementing energy-efficient lighting solutions. |
4.3.2 Limited awareness and adoption of advanced lighting technologies in the commercial sector. |
5 Grenada Commercial Lighting Market Trends |
6 Grenada Commercial Lighting Market Segmentations |
6.1 Grenada Commercial Lighting Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commercial Lighting Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.3 Grenada Commercial Lighting Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Grenada Commercial Lighting Market Revenues & Volume, By Services, 2021-2031F |
6.2 Grenada Commercial Lighting Market, By Installation Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commercial Lighting Market Revenues & Volume, By New Installations, 2021-2031F |
6.2.3 Grenada Commercial Lighting Market Revenues & Volume, By Retrofit Installation, 2021-2031F |
6.3 Grenada Commercial Lighting Market, By End-use Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Commercial Lighting Market Revenues & Volume, By Indoor , 2021-2031F |
6.3.3 Grenada Commercial Lighting Market Revenues & Volume, By Outdoor, 2021-2031F |
6.4 Grenada Commercial Lighting Market, By Communication Technology |
6.4.1 Overview and Analysis |
6.4.2 Grenada Commercial Lighting Market Revenues & Volume, By Wired, 2021-2031F |
6.4.3 Grenada Commercial Lighting Market Revenues & Volume, By Wireless, 2021-2031F |
7 Grenada Commercial Lighting Market Import-Export Trade Statistics |
7.1 Grenada Commercial Lighting Market Export to Major Countries |
7.2 Grenada Commercial Lighting Market Imports from Major Countries |
8 Grenada Commercial Lighting Market Key Performance Indicators |
8.1 Energy savings achieved through the adoption of energy-efficient lighting solutions. |
8.2 Number of commercial projects incorporating smart lighting systems. |
8.3 Percentage of commercial buildings using LED lighting technology. |
8.4 Rate of adoption of lighting control systems in commercial spaces. |
8.5 Number of government policies or incentives supporting energy-efficient lighting in commercial buildings. |
9 Grenada Commercial Lighting Market - Opportunity Assessment |
9.1 Grenada Commercial Lighting Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.2 Grenada Commercial Lighting Market Opportunity Assessment, By Installation Type , 2021 & 2031F |
9.3 Grenada Commercial Lighting Market Opportunity Assessment, By End-use Application , 2021 & 2031F |
9.4 Grenada Commercial Lighting Market Opportunity Assessment, By Communication Technology, 2021 & 2031F |
10 Grenada Commercial Lighting Market - Competitive Landscape |
10.1 Grenada Commercial Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commercial Lighting Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |