| Product Code: ETC5769427 | 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 converter transformers in 2024 saw a significant presence from top exporting countries such as Italy, USA, Germany, UK, and Panama. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained at a high level in 2024. Despite a strong compound annual growth rate (CAGR) of 26.48% from 2020 to 2024, there was a slight decline in growth from 2023 to 2024, with a rate of -14.57%. This data suggests a dynamic market landscape for converter transformers in Grenada, with key players continuing to drive the industry forward.
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 Converter Transformer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Converter Transformer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Converter Transformer Market - Industry Life Cycle |
3.4 Grenada Converter Transformer Market - Porter's Five Forces |
3.5 Grenada Converter Transformer Market Revenues & Volume Share, By Configuration, 2021 & 2031F |
3.6 Grenada Converter Transformer Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Converter Transformer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources in Grenada |
4.2.2 Government initiatives and policies promoting energy efficiency and sustainability |
4.2.3 Growth in industrial and commercial infrastructure projects in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with converter transformers |
4.3.2 Limited technological advancements in the converter transformer market in Grenada |
4.3.3 Lack of skilled workforce for the installation and maintenance of converter transformers |
5 Grenada Converter Transformer Market Trends |
6 Grenada Converter Transformer Market Segmentations |
6.1 Grenada Converter Transformer Market, By Configuration |
6.1.1 Overview and Analysis |
6.1.2 Grenada Converter Transformer Market Revenues & Volume, By Back-to-Back, 2021-2031F |
6.1.3 Grenada Converter Transformer Market Revenues & Volume, By Monopolar, 2021-2031F |
6.1.4 Grenada Converter Transformer Market Revenues & Volume, By Bipolar, 2021-2031F |
6.1.5 Grenada Converter Transformer Market Revenues & Volume, By Multi-terminal, 2021-2031F |
6.2 Grenada Converter Transformer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Converter Transformer Market Revenues & Volume, By Windfarms, 2021-2031F |
6.2.3 Grenada Converter Transformer Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Grenada Converter Transformer Market Revenues & Volume, By Grid interconnections, 2021-2031F |
7 Grenada Converter Transformer Market Import-Export Trade Statistics |
7.1 Grenada Converter Transformer Market Export to Major Countries |
7.2 Grenada Converter Transformer Market Imports from Major Countries |
8 Grenada Converter Transformer Market Key Performance Indicators |
8.1 Percentage increase in renewable energy capacity in Grenada |
8.2 Number of government policies and incentives supporting energy efficiency projects |
8.3 Growth rate of industrial and commercial construction projects in Grenada |
8.4 Adoption rate of new technologies in the converter transformer market in Grenada |
8.5 Number of certified professionals for installation and maintenance of converter transformers in Grenada |
9 Grenada Converter Transformer Market - Opportunity Assessment |
9.1 Grenada Converter Transformer Market Opportunity Assessment, By Configuration, 2021 & 2031F |
9.2 Grenada Converter Transformer Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Converter Transformer Market - Competitive Landscape |
10.1 Grenada Converter Transformer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Converter Transformer Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |