| Product Code: ETC11960614 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The decentralized HVAC equipment import market in Grenada saw significant growth in 2024, with top exporting countries being the USA, China, India, Thailand, and Singapore. Despite high concentration levels indicated by the Herfindahl-Hirschman Index (HHI), the market continued to expand rapidly, with a notable Compound Annual Growth Rate (CAGR) of 19.66% from 2020 to 2024. The growth momentum remained strong in 2024, with a growth rate of 11.52% compared to the previous year, showcasing the increasing importance of decentralized HVAC systems in Grenada`s 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 Decentralized HVAC Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Decentralized HVAC Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Decentralized HVAC Equipment Market - Industry Life Cycle |
3.4 Grenada Decentralized HVAC Equipment Market - Porter's Five Forces |
3.5 Grenada Decentralized HVAC Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Decentralized HVAC Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Decentralized HVAC Equipment Market Revenues & Volume Share, By Efficiency Rating, 2021 & 2031F |
3.8 Grenada Decentralized HVAC Equipment Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Grenada Decentralized HVAC Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Decentralized HVAC Equipment Market Trends |
6 Grenada Decentralized HVAC Equipment Market, By Types |
6.1 Grenada Decentralized HVAC Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Split Systems, 2021 - 2031F |
6.1.4 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Packaged Units, 2021 - 2031F |
6.1.5 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By VRF Systems, 2021 - 2031F |
6.2 Grenada Decentralized HVAC Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3 Grenada Decentralized HVAC Equipment Market, By Efficiency Rating |
6.3.1 Overview and Analysis |
6.3.2 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By SEER, 2021 - 2031F |
6.3.3 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By HSPF, 2021 - 2031F |
6.4 Grenada Decentralized HVAC Equipment Market, By Distribution |
6.4.1 Overview and Analysis |
6.4.2 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Direct, 2021 - 2031F |
6.4.3 Grenada Decentralized HVAC Equipment Market Revenues & Volume, By Indirect, 2021 - 2031F |
7 Grenada Decentralized HVAC Equipment Market Import-Export Trade Statistics |
7.1 Grenada Decentralized HVAC Equipment Market Export to Major Countries |
7.2 Grenada Decentralized HVAC Equipment Market Imports from Major Countries |
8 Grenada Decentralized HVAC Equipment Market Key Performance Indicators |
9 Grenada Decentralized HVAC Equipment Market - Opportunity Assessment |
9.1 Grenada Decentralized HVAC Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Decentralized HVAC Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Decentralized HVAC Equipment Market Opportunity Assessment, By Efficiency Rating, 2021 & 2031F |
9.4 Grenada Decentralized HVAC Equipment Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Grenada Decentralized HVAC Equipment Market - Competitive Landscape |
10.1 Grenada Decentralized HVAC Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Decentralized HVAC Equipment 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