| Product Code: ETC5691888 | 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 |
Grenada`s import shipments of condensing units saw significant growth in 2024, with top exporting countries including the USA, Trinidad and Tobago, UAE, UK, and Hong Kong. The market remained highly concentrated, indicating limited competition among suppliers. Despite a high CAGR of 31.29% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -9.07%. This data suggests a strong demand for condensing units in Grenada, with potential opportunities for market expansion and diversification in the coming years.
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 Condensing Unit Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Condensing Unit Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Condensing Unit Market - Industry Life Cycle |
3.4 Grenada Condensing Unit Market - Porter's Five Forces |
3.5 Grenada Condensing Unit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Condensing Unit Market Revenues & Volume Share, By Function, 2021 & 2031F |
3.7 Grenada Condensing Unit Market Revenues & Volume Share, By Compressor Type, 2021 & 2031F |
3.8 Grenada Condensing Unit Market Revenues & Volume Share, By Refrigerant Type, 2021 & 2031F |
3.9 Grenada Condensing Unit Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Condensing Unit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in commercial and residential buildings |
4.2.2 Growing awareness about environmental sustainability and regulations promoting the use of energy-efficient HVAC systems |
4.2.3 Technological advancements leading to more efficient and compact condensing units |
4.3 Market Restraints |
4.3.1 High initial cost of installing condensing units compared to traditional systems |
4.3.2 Limited availability of skilled technicians for installation and maintenance of complex condensing units |
5 Grenada Condensing Unit Market Trends |
6 Grenada Condensing Unit Market Segmentations |
6.1 Grenada Condensing Unit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Condensing Unit Market Revenues & Volume, By Air-cooled, 2021-2031F |
6.1.3 Grenada Condensing Unit Market Revenues & Volume, By Water-cooled, 2021-2031F |
6.2 Grenada Condensing Unit Market, By Function |
6.2.1 Overview and Analysis |
6.2.2 Grenada Condensing Unit Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.2.3 Grenada Condensing Unit Market Revenues & Volume, By Refrigeration, 2021-2031F |
6.2.4 Grenada Condensing Unit Market Revenues & Volume, By Heat Pumps, 2021-2031F |
6.3 Grenada Condensing Unit Market, By Compressor Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Condensing Unit Market Revenues & Volume, By Reciprocating Compressors, 2021-2031F |
6.3.3 Grenada Condensing Unit Market Revenues & Volume, By Screw Compressors, 2021-2031F |
6.3.4 Grenada Condensing Unit Market Revenues & Volume, By Rotary Compressors, 2021-2031F |
6.3.5 Grenada Condensing Unit Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Condensing Unit Market, By Refrigerant Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Condensing Unit Market Revenues & Volume, By Fluorocarbons, 2021-2031F |
6.4.3 Grenada Condensing Unit Market Revenues & Volume, By Hydrocarbons, 2021-2031F |
6.4.4 Grenada Condensing Unit Market Revenues & Volume, By Inorganics, 2021-2031F |
6.5 Grenada Condensing Unit Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Condensing Unit Market Revenues & Volume, By Industrial, 2021-2031F |
6.5.3 Grenada Condensing Unit Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.4 Grenada Condensing Unit Market Revenues & Volume, By Transportation, 2021-2031F |
7 Grenada Condensing Unit Market Import-Export Trade Statistics |
7.1 Grenada Condensing Unit Market Export to Major Countries |
7.2 Grenada Condensing Unit Market Imports from Major Countries |
8 Grenada Condensing Unit Market Key Performance Indicators |
8.1 Energy efficiency ratings of condensing units in the market |
8.2 Adoption rate of energy-efficient HVAC systems in Grenada |
8.3 Average lifespan of condensing units in operation |
9 Grenada Condensing Unit Market - Opportunity Assessment |
9.1 Grenada Condensing Unit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Condensing Unit Market Opportunity Assessment, By Function, 2021 & 2031F |
9.3 Grenada Condensing Unit Market Opportunity Assessment, By Compressor Type, 2021 & 2031F |
9.4 Grenada Condensing Unit Market Opportunity Assessment, By Refrigerant Type, 2021 & 2031F |
9.5 Grenada Condensing Unit Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Condensing Unit Market - Competitive Landscape |
10.1 Grenada Condensing Unit Market Revenue Share, By Companies, 2024 |
10.2 Grenada Condensing Unit Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |