| Product Code: ETC5783658 | 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 |
In 2024, Grenada continued to rely on imports for critical power and cooling equipment, with the top exporting countries being the USA, China, Jamaica, Trinidad and Tobago, and the UK. The market showed high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a modest compound annual growth rate (CAGR) of 2.14% from 2020-24, there was a significant decline in growth rate from 2023-24 at -48.12%. This shift may indicate a temporary setback or changing market dynamics that importers and stakeholders should monitor closely.
cooling market
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 Critical Power , Cooling Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Critical Power , Cooling Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Critical Power , Cooling Market - Industry Life Cycle |
3.4 Grenada Critical Power , Cooling Market - Porter's Five Forces |
3.5 Grenada Critical Power , Cooling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Critical Power , Cooling Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Grenada Critical Power , Cooling Market Revenues & Volume Share, By Cooling Solution Type, 2021 & 2031F |
4 Grenada Critical Power , Cooling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data centers and IT infrastructure in Grenada |
4.2.2 Growing awareness about the importance of reliable power and cooling solutions |
4.2.3 Government initiatives promoting energy efficiency and sustainability in critical infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up critical power and cooling systems |
4.3.2 Limited availability of skilled technicians for installation and maintenance |
4.3.3 Fluctuating raw material prices affecting manufacturing costs |
5 Grenada Critical Power , Cooling Market Trends |
6 Grenada Critical Power , Cooling Market Segmentations |
6.1 Grenada Critical Power , Cooling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Critical Power , Cooling Market Revenues & Volume, By UPS, 2021-2031F |
6.1.3 Grenada Critical Power , Cooling Market Revenues & Volume, By Genset, 2021-2031F |
6.2 Grenada Critical Power , Cooling Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Critical Power , Cooling Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Grenada Critical Power , Cooling Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Critical Power , Cooling Market Revenues & Volume, By IT & Telecom, 2021-2031F |
6.2.5 Grenada Critical Power , Cooling Market Revenues & Volume, By Transportation, 2021-2031F |
6.3 Grenada Critical Power , Cooling Market, By Cooling Solution Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Critical Power , Cooling Market Revenues & Volume, By Air Conditioning, 2021-2031F |
6.3.3 Grenada Critical Power , Cooling Market Revenues & Volume, By Chiller, 2021-2031F |
6.3.4 Grenada Critical Power , Cooling Market Revenues & Volume, By Cooling Tower, 2021-2031F |
6.3.5 Grenada Critical Power , Cooling Market Revenues & Volume, By Liquid Cooling System, 2021-2031F |
7 Grenada Critical Power , Cooling Market Import-Export Trade Statistics |
7.1 Grenada Critical Power , Cooling Market Export to Major Countries |
7.2 Grenada Critical Power , Cooling Market Imports from Major Countries |
8 Grenada Critical Power , Cooling Market Key Performance Indicators |
8.1 Energy efficiency ratings of critical power and cooling systems |
8.2 Number of new data center projects in Grenada |
8.3 Adoption rate of sustainable and eco-friendly cooling solutions |
8.4 Average downtime of critical infrastructure due to power or cooling issues |
9 Grenada Critical Power , Cooling Market - Opportunity Assessment |
9.1 Grenada Critical Power , Cooling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Critical Power , Cooling Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Grenada Critical Power , Cooling Market Opportunity Assessment, By Cooling Solution Type, 2021 & 2031F |
10 Grenada Critical Power , Cooling Market - Competitive Landscape |
10.1 Grenada Critical Power , Cooling Market Revenue Share, By Companies, 2024 |
10.2 Grenada Critical Power , Cooling 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.
To discover high-growth global markets and optimize your business strategy:
Click Here