| Product Code: ETC5683642 | 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 import shipments of diesel power engines to Grenada in 2024 saw a significant concentration of supply from top exporting countries including the USA, UK, Trinidad and Tobago, Jamaica, and China. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry exhibited a strong compound annual growth rate (CAGR) of 33.34% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -9.64%, suggesting potential shifts in market dynamics. Monitoring these trends will be crucial for stakeholders in the diesel power engine import market in Grenada.
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 Power Engine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Diesel Power Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Diesel Power Engine Market - Industry Life Cycle |
3.4 Grenada Diesel Power Engine Market - Porter's Five Forces |
3.5 Grenada Diesel Power Engine Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.6 Grenada Diesel Power Engine Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Diesel Power Engine Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.8 Grenada Diesel Power Engine Market Revenues & Volume Share, By Speed, 2021 & 2031F |
4 Grenada Diesel Power Engine 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 Growth in industrial and commercial activities driving the need for diesel power engines |
4.2.3 Government initiatives promoting the use of diesel power engines for energy security |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with diesel power engines |
4.3.2 Environmental concerns and regulations regarding emissions from diesel engines |
4.3.3 Competition from alternative power sources such as solar and wind energy |
5 Grenada Diesel Power Engine Market Trends |
6 Grenada Diesel Power Engine Market Segmentations |
6.1 Grenada Diesel Power Engine Market, By Operation |
6.1.1 Overview and Analysis |
6.1.2 Grenada Diesel Power Engine Market Revenues & Volume, By Standby, 2021-2031F |
6.1.3 Grenada Diesel Power Engine Market Revenues & Volume, By Prime /Continuous, 2021-2031F |
6.1.4 Grenada Diesel Power Engine Market Revenues & Volume, By Peak Shaving, 2021-2031F |
6.2 Grenada Diesel Power Engine Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Diesel Power Engine Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Grenada Diesel Power Engine Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Diesel Power Engine Market Revenues & Volume, By Residential, 2021-2031F |
6.3 Grenada Diesel Power Engine Market, By Power Rating |
6.3.1 Overview and Analysis |
6.3.2 Grenada Diesel Power Engine Market Revenues & Volume, By Below 0.5 MW, 2021-2031F |
6.3.3 Grenada Diesel Power Engine Market Revenues & Volume, By 0.5? ??1 MW, 2021-2031F |
6.3.4 Grenada Diesel Power Engine Market Revenues & Volume, By 1.0? ??2 MW, 2021-2031F |
6.3.5 Grenada Diesel Power Engine Market Revenues & Volume, By 2.0? ??5 MW, 2021-2031F |
6.3.6 Grenada Diesel Power Engine Market Revenues & Volume, By Above 5 MW, 2021-2031F |
6.4 Grenada Diesel Power Engine Market, By Speed |
6.4.1 Overview and Analysis |
6.4.2 Grenada Diesel Power Engine Market Revenues & Volume, By Below 720 rpm, 2021-2031F |
6.4.3 Grenada Diesel Power Engine Market Revenues & Volume, By 720? ??1000 rpm, 2021-2031F |
6.4.4 Grenada Diesel Power Engine Market Revenues & Volume, By Above 1000 rpm, 2021-2031F |
7 Grenada Diesel Power Engine Market Import-Export Trade Statistics |
7.1 Grenada Diesel Power Engine Market Export to Major Countries |
7.2 Grenada Diesel Power Engine Market Imports from Major Countries |
8 Grenada Diesel Power Engine Market Key Performance Indicators |
8.1 Average utilization rate of diesel power engines in Grenada |
8.2 Maintenance cost per unit of diesel power engine |
8.3 Rate of adoption of diesel power engines in key industries in Grenada |
9 Grenada Diesel Power Engine Market - Opportunity Assessment |
9.1 Grenada Diesel Power Engine Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.2 Grenada Diesel Power Engine Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Diesel Power Engine Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.4 Grenada Diesel Power Engine Market Opportunity Assessment, By Speed, 2021 & 2031F |
10 Grenada Diesel Power Engine Market - Competitive Landscape |
10.1 Grenada Diesel Power Engine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Diesel Power Engine 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