| Product Code: ETC7367658 | 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 |
The import shipments of mini light emitting diodes (LEDs) in Grenada continue to show strong growth, with a high concentration of imports from top countries such as the USA, Trinidad and Tobago, China, Saint Lucia, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market in 2024. The impressive Compound Annual Growth Rate (CAGR) of 46.09% from 2020 to 2024 demonstrates the increasing demand for LED products in Grenada. Additionally, the growth rate of 40.45% from 2023 to 2024 highlights the sustained momentum in the market for consumer electronics LEDs.
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 Consumer Electronics Mini Light Emitting Diode (LED) Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market - Industry Life Cycle |
3.4 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market - Porter's Five Forces |
3.5 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.6 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient lighting solutions |
4.2.2 Technological advancements in mini LED technology |
4.2.3 Growing adoption of consumer electronics in Grenada |
4.3 Market Restraints |
4.3.1 High initial costs of mini LED products |
4.3.2 Limited awareness and understanding of mini LED technology among consumers |
4.3.3 Availability of alternative lighting technologies in the market |
5 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Trends |
6 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market, By Types |
6.1 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market, By Technology Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Technology Type, 2021- 2031F |
6.1.3 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Mini Display, 2021- 2031F |
6.1.4 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Mini Lighting, 2021- 2031F |
6.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Advertisement, 2021- 2031F |
6.2.4 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Aerospace and Defense, 2021- 2031F |
6.2.5 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Television, 2021- 2031F |
6.2.6 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Mobile Phone, 2021- 2031F |
6.2.7 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Laptop, 2021- 2031F |
6.2.8 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Import-Export Trade Statistics |
7.1 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Export to Major Countries |
7.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Imports from Major Countries |
8 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Key Performance Indicators |
8.1 Energy savings potential of mini LED products |
8.2 Number of new mini LED product launches in the market |
8.3 Adoption rate of mini LED technology in consumer electronics industry |
9 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market - Opportunity Assessment |
9.1 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market - Competitive Landscape |
10.1 Grenada Consumer Electronics Mini Light Emitting Diode (LED) Market Revenue Share, By Companies, 2024 |
10.2 Grenada Consumer Electronics Mini Light Emitting Diode (LED) 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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