Grenada Connected Street Lighting Market (2025-2031) | Competitive Landscape, Trends, Forecast, Share, Value, Growth, Companies, Size & Revenue, Outlook, Industry, Segmentation, Analysis

Name: Grenada Connected Street Lighting Market (2025-2031) | Competitive Landscape & Trends
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Component (Hardware, Software, Services), By Connectivity (Wired, Wireless) And Competitive Landscape

Product Code: ETC7367585	Publication Date: Sep 2024	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sumit Sagar	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Grenada Connected Street Lighting Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of connected street lighting in Grenada saw a significant increase in concentration among the top exporting countries in 2024, with the USA, UK, China, Spain, and Germany leading the pack. The high Herfindahl-Hirschman Index (HHI) in 2023 escalated to very high concentration in 2024, indicating a more consolidated market. The impressive Compound Annual Growth Rate (CAGR) of 21.98% from 2020 to 2024 exemplifies the strong growth trajectory in the industry. Furthermore, the remarkable growth rate of 55.79% from 2023 to 2024 underscores the increasing demand and adoption of connected street lighting solutions in Grenada.

Key Highlights of the Report:

Grenada Connected Street Lighting Market Outlook
Market Size of Grenada Connected Street Lighting Market, 2024
Forecast of Grenada Connected Street Lighting Market, 2031
Historical Data and Forecast of Grenada Connected Street Lighting Revenues & Volume for the Period 2021- 2031
Grenada Connected Street Lighting Market Trend Evolution
Grenada Connected Street Lighting Market Drivers and Challenges
Grenada Connected Street Lighting Price Trends
Grenada Connected Street Lighting Porter's Five Forces
Grenada Connected Street Lighting Industry Life Cycle
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Component for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Hardware for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Software for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Services for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Connectivity for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Wired for the Period 2021- 2031
Historical Data and Forecast of Grenada Connected Street Lighting Market Revenues & Volume By Wireless for the Period 2021- 2031
Grenada Connected Street Lighting Import Export Trade Statistics
Market Opportunity Assessment By Component
Market Opportunity Assessment By Connectivity
Grenada Connected Street Lighting Top Companies Market Share
Grenada Connected Street Lighting Competitive Benchmarking By Technical and Operational Parameters
Grenada Connected Street Lighting Company Profiles
Grenada Connected Street Lighting Key Strategic Recommendations

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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 Connected Street Lighting Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Connected Street Lighting Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Connected Street Lighting Market - Industry Life Cycle

3.4 Grenada Connected Street Lighting Market - Porter's Five Forces

3.5 Grenada Connected Street Lighting Market Revenues & Volume Share, By Component, 2021 & 2031F

3.6 Grenada Connected Street Lighting Market Revenues & Volume Share, By Connectivity, 2021 & 2031F

4 Grenada Connected Street Lighting Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Government initiatives promoting smart city infrastructure development in Grenada

4.2.2 Increasing focus on energy efficiency and sustainability in street lighting solutions

4.2.3 Technological advancements in connected street lighting systems

4.3 Market Restraints

4.3.1 High initial setup costs for implementing connected street lighting systems

4.3.2 Lack of skilled workforce for installation and maintenance of connected street lighting

4.3.3 Challenges in integrating legacy street lighting infrastructure with connected systems

5 Grenada Connected Street Lighting Market Trends

6 Grenada Connected Street Lighting Market, By Types

6.1 Grenada Connected Street Lighting Market, By Component

6.1.1 Overview and Analysis

6.1.2 Grenada Connected Street Lighting Market Revenues & Volume, By Component, 2021- 2031F

6.1.3 Grenada Connected Street Lighting Market Revenues & Volume, By Hardware, 2021- 2031F

6.1.4 Grenada Connected Street Lighting Market Revenues & Volume, By Software, 2021- 2031F

6.1.5 Grenada Connected Street Lighting Market Revenues & Volume, By Services, 2021- 2031F

6.2 Grenada Connected Street Lighting Market, By Connectivity

6.2.1 Overview and Analysis

6.2.2 Grenada Connected Street Lighting Market Revenues & Volume, By Wired, 2021- 2031F

6.2.3 Grenada Connected Street Lighting Market Revenues & Volume, By Wireless, 2021- 2031F

7 Grenada Connected Street Lighting Market Import-Export Trade Statistics

7.1 Grenada Connected Street Lighting Market Export to Major Countries

7.2 Grenada Connected Street Lighting Market Imports from Major Countries

8 Grenada Connected Street Lighting Market Key Performance Indicators

8.1 Percentage of energy savings achieved through connected street lighting systems

8.2 Number of new smart city projects incorporating connected street lighting in Grenada

8.3 Reduction in maintenance costs of street lighting infrastructure due to connected systems

8.4 Percentage increase in public safety indicators in areas with connected street lighting

8.5 Level of citizen satisfaction with the brightness and coverage of connected street lighting

9 Grenada Connected Street Lighting Market - Opportunity Assessment

9.1 Grenada Connected Street Lighting Market Opportunity Assessment, By Component, 2021 & 2031F

9.2 Grenada Connected Street Lighting Market Opportunity Assessment, By Connectivity, 2021 & 2031F

10 Grenada Connected Street Lighting Market - Competitive Landscape

10.1 Grenada Connected Street Lighting Market Revenue Share, By Companies, 2024

10.2 Grenada Connected Street Lighting Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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.

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