| Product Code: ETC4800009 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports from top exporting countries such as the USA, UK, China, Italy, and Spain. Despite a high level of market concentration indicated by the Herfindahl-Hirschman Index (HHI), the overall compound annual growth rate (CAGR) for import shipments to Grenada from 2020-2024 experienced a decline of -3.9%. Furthermore, the growth rate from 2023-2024 showed a significant decrease of -17.47%, reflecting potential challenges or shifts in the import market dynamics for Grenada`s construction industry.
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 Contactor Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Contactor Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Contactor Market - Industry Life Cycle |
3.4 Grenada Contactor Market - Porter's Five Forces |
3.5 Grenada Contactor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Contactor Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Contactor Market Revenues & Volume Share, By Poles, 2021 & 2031F |
3.8 Grenada Contactor Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.9 Grenada Contactor Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Contactor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Contactor Market Trends |
6 Grenada Contactor Market Segmentations |
6.1 Grenada Contactor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Contactor Market Revenues & Volume, By Solid-State Contactor, 2021-2031F |
6.1.3 Grenada Contactor Market Revenues & Volume, By Magnetic Contactor, 2021-2031F |
6.1.4 Grenada Contactor Market Revenues & Volume, By Vacuum Contactor, 2021-2031F |
6.1.5 Grenada Contactor Market Revenues & Volume, By Lighting Contactor, 2021-2031F |
6.2 Grenada Contactor Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Contactor Market Revenues & Volume, By DC Contactor, 2021-2031F |
6.2.3 Grenada Contactor Market Revenues & Volume, By AC Contactor, 2021-2031F |
6.3 Grenada Contactor Market, By Poles |
6.3.1 Overview and Analysis |
6.3.2 Grenada Contactor Market Revenues & Volume, By 2-Pole, 2021-2031F |
6.3.3 Grenada Contactor Market Revenues & Volume, By 3-Pole, 2021-2031F |
6.3.4 Grenada Contactor Market Revenues & Volume, By 4-Pole, 2021-2031F |
6.3.5 Grenada Contactor Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Contactor Market, By Voltage |
6.4.1 Overview and Analysis |
6.4.2 Grenada Contactor Market Revenues & Volume, By Low Voltage (Up To 1 KV), 2021-2031F |
6.4.3 Grenada Contactor Market Revenues & Volume, By Medium Voltage (1 KV ? ?? 7.2 KV), 2021-2031F |
6.4.4 Grenada Contactor Market Revenues & Volume, By High Voltage (Above 7.2 KV), 2021-2031F |
6.5 Grenada Contactor Market, By End-users |
6.5.1 Overview and Analysis |
6.5.2 Grenada Contactor Market Revenues & Volume, By Automotive, 2021-2031F |
6.5.3 Grenada Contactor Market Revenues & Volume, By Power, 2021-2031F |
6.5.4 Grenada Contactor Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.5.5 Grenada Contactor Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.5.6 Grenada Contactor Market Revenues & Volume, By Construction, 2021-2031F |
6.5.7 Grenada Contactor Market Revenues & Volume, By Data Centers, 2021-2031F |
6.5.8 Grenada Contactor Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Grenada Contactor Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Contactor Market Import-Export Trade Statistics |
7.1 Grenada Contactor Market Export to Major Countries |
7.2 Grenada Contactor Market Imports from Major Countries |
8 Grenada Contactor Market Key Performance Indicators |
9 Grenada Contactor Market - Opportunity Assessment |
9.1 Grenada Contactor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Contactor Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Contactor Market Opportunity Assessment, By Poles, 2021 & 2031F |
9.4 Grenada Contactor Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.5 Grenada Contactor Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Contactor Market - Competitive Landscape |
10.1 Grenada Contactor Market Revenue Share, By Companies, 2024 |
10.2 Grenada Contactor 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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