| Product Code: ETC5784456 | 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 |
The Grenada diesel generators import market experienced impressive growth in 2024, with a high Herfindahl-Hirschman Index indicating strong market concentration. The top exporting countries, including the USA, UK, China, Netherlands, and Trinidad and Tobago, played a significant role in meeting Grenada`s demand. The compound annual growth rate (CAGR) from 2020 to 2024 was substantial at 25.97%, while the growth rate from 2023 to 2024 surged to an impressive 76.91%. This data suggests a thriving market for diesel generators in Grenada, driven by key importing nations.
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 Diesel Generators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Diesel Generators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Diesel Generators Market - Industry Life Cycle |
3.4 Grenada Diesel Generators Market - Porter's Five Forces |
3.5 Grenada Diesel Generators Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Diesel Generators Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.7 Grenada Diesel Generators Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Diesel Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable backup power solutions in Grenada |
4.2.2 Growing need for continuous power supply due to frequent power outages |
4.2.3 Expansion of industrial and commercial sectors in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment cost for diesel generators |
4.3.2 Stringent emission regulations impacting the adoption of diesel generators |
4.3.3 Competition from alternative power generation technologies such as solar and wind |
5 Grenada Diesel Generators Market Trends |
6 Grenada Diesel Generators Market Segmentations |
6.1 Grenada Diesel Generators Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Diesel Generators Market Revenues & Volume, By St, 2021-2031F |
6.1.3 Grenada Diesel Generators Market Revenues & Volume, By Power, 2021-2031F |
6.1.4 Grenada Diesel Generators Market Revenues & Volume, By Peak Shaving, 2021-2031F |
6.1.5 Grenada Diesel Generators Market Revenues & Volume, By Prime or Continuous Power, 2021-2031F |
6.2 Grenada Diesel Generators Market, By Power Rating |
6.2.1 Overview and Analysis |
6.2.2 Grenada Diesel Generators Market Revenues & Volume, By 0-100 kVA, 2021-2031F |
6.2.3 Grenada Diesel Generators Market Revenues & Volume, By 100-350 kVA, 2021-2031F |
6.2.4 Grenada Diesel Generators Market Revenues & Volume, By 350-1000 kVA, 2021-2031F |
6.2.5 Grenada Diesel Generators Market Revenues & Volume, By above 1000 kVA, 2021-2031F |
6.3 Grenada Diesel Generators Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Diesel Generators Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Grenada Diesel Generators Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Grenada Diesel Generators Market Revenues & Volume, By Residential, 2021-2031F |
7 Grenada Diesel Generators Market Import-Export Trade Statistics |
7.1 Grenada Diesel Generators Market Export to Major Countries |
7.2 Grenada Diesel Generators Market Imports from Major Countries |
8 Grenada Diesel Generators Market Key Performance Indicators |
8.1 Average number of power outages in Grenada per year |
8.2 Growth rate of industrial and commercial sectors in Grenada |
8.3 Number of new construction projects in Grenada requiring backup power solutions |
8.4 Average age of existing diesel generators in Grenada |
8.5 Adoption rate of energy storage solutions in Grenada |
9 Grenada Diesel Generators Market - Opportunity Assessment |
9.1 Grenada Diesel Generators Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Diesel Generators Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.3 Grenada Diesel Generators Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Diesel Generators Market - Competitive Landscape |
10.1 Grenada Diesel Generators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Diesel Generators 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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