| Product Code: ETC10518502 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The import shipments of connected street lights to Grenada have shown a significant increase in concentration among the top exporting countries, with the USA, UK, China, Spain, and Panama leading the pack in 2024. 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 23.23% from 2020 to 2024 highlights the growing demand for connected street lights in Grenada. Moreover, the remarkable growth rate of 53.5% from 2023 to 2024 signifies a rapid expansion in the market during this period.
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 Lights Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Connected Street Lights Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Connected Street Lights Market - Industry Life Cycle |
3.4 Grenada Connected Street Lights Market - Porter's Five Forces |
3.5 Grenada Connected Street Lights Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Connected Street Lights Market Revenues & Volume Share, By Connectivity Technology, 2021 & 2031F |
3.7 Grenada Connected Street Lights Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Connected Street Lights Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Connected Street Lights Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Connected Street Lights Market Trends |
6 Grenada Connected Street Lights Market, By Types |
6.1 Grenada Connected Street Lights Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Connected Street Lights Market Revenues & Volume, By Component, 2021 - 2031F |
6.1.3 Grenada Connected Street Lights Market Revenues & Volume, By Hardware, 2021 - 2031F |
6.1.4 Grenada Connected Street Lights Market Revenues & Volume, By Software, 2021 - 2031F |
6.1.5 Grenada Connected Street Lights Market Revenues & Volume, By Services, 2021 - 2031F |
6.2 Grenada Connected Street Lights Market, By Connectivity Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Connected Street Lights Market Revenues & Volume, By Wi-Fi, 2021 - 2031F |
6.2.3 Grenada Connected Street Lights Market Revenues & Volume, By Bluetooth, 2021 - 2031F |
6.2.4 Grenada Connected Street Lights Market Revenues & Volume, By Cellular Network, 2021 - 2031F |
6.2.5 Grenada Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Connected Street Lights Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Connected Street Lights Market Revenues & Volume, By Highways & Roadways, 2021 - 2031F |
6.3.3 Grenada Connected Street Lights Market Revenues & Volume, By Public Spaces, 2021 - 2031F |
6.3.4 Grenada Connected Street Lights Market Revenues & Volume, By Industrial & Commercial, 2021 - 2031F |
6.3.5 Grenada Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Connected Street Lights Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Connected Street Lights Market Revenues & Volume, By Municipalities, 2021 - 2031F |
6.4.3 Grenada Connected Street Lights Market Revenues & Volume, By Smart Cities, 2021 - 2031F |
6.4.4 Grenada Connected Street Lights Market Revenues & Volume, By Private Sector, 2021 - 2031F |
6.4.5 Grenada Connected Street Lights Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Connected Street Lights Market Import-Export Trade Statistics |
7.1 Grenada Connected Street Lights Market Export to Major Countries |
7.2 Grenada Connected Street Lights Market Imports from Major Countries |
8 Grenada Connected Street Lights Market Key Performance Indicators |
9 Grenada Connected Street Lights Market - Opportunity Assessment |
9.1 Grenada Connected Street Lights Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Connected Street Lights Market Opportunity Assessment, By Connectivity Technology, 2021 & 2031F |
9.3 Grenada Connected Street Lights Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Connected Street Lights Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Connected Street Lights Market - Competitive Landscape |
10.1 Grenada Connected Street Lights Market Revenue Share, By Companies, 2024 |
10.2 Grenada Connected Street Lights 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.
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