| Product Code: ETC12022822 | 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 |
In 2024, Grenada continued to rely on imports of ducted air conditioning systems, with the top exporting countries being the USA, China, Jamaica, Trinidad and Tobago, and the UK. Despite the high concentration of market share, the industry experienced a slight growth with a CAGR of 2.14% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024, dropping by -48.12%. This indicates a potential shift in market dynamics or challenges faced by the industry in the most recent year.
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 Ducted Air Conditioning Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ducted Air Conditioning Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ducted Air Conditioning Market - Industry Life Cycle |
3.4 Grenada Ducted Air Conditioning Market - Porter's Five Forces |
3.5 Grenada Ducted Air Conditioning Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 Grenada Ducted Air Conditioning Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ducted Air Conditioning Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Ducted Air Conditioning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ducted Air Conditioning Market Trends |
6 Grenada Ducted Air Conditioning Market, By Types |
6.1 Grenada Ducted Air Conditioning Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ducted Air Conditioning Market Revenues & Volume, By System Type, 2021 - 2031F |
6.1.3 Grenada Ducted Air Conditioning Market Revenues & Volume, By Single-Zone Ducted AC, 2021 - 2031F |
6.1.4 Grenada Ducted Air Conditioning Market Revenues & Volume, By Multi-Zone Ducted AC, 2021 - 2031F |
6.1.5 Grenada Ducted Air Conditioning Market Revenues & Volume, By VRF Ducted Systems, 2021 - 2031F |
6.1.6 Grenada Ducted Air Conditioning Market Revenues & Volume, By Hybrid Ducted Systems, 2021 - 2031F |
6.2 Grenada Ducted Air Conditioning Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ducted Air Conditioning Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Grenada Ducted Air Conditioning Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Ducted Air Conditioning Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.2.5 Grenada Ducted Air Conditioning Market Revenues & Volume, By Institutional, 2021 - 2031F |
6.3 Grenada Ducted Air Conditioning Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ducted Air Conditioning Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Ducted Air Conditioning Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.4 Grenada Ducted Air Conditioning Market Revenues & Volume, By HVAC Contractors, 2021 - 2031F |
6.3.5 Grenada Ducted Air Conditioning Market Revenues & Volume, By Wholesale Distributors, 2021 - 2031F |
7 Grenada Ducted Air Conditioning Market Import-Export Trade Statistics |
7.1 Grenada Ducted Air Conditioning Market Export to Major Countries |
7.2 Grenada Ducted Air Conditioning Market Imports from Major Countries |
8 Grenada Ducted Air Conditioning Market Key Performance Indicators |
9 Grenada Ducted Air Conditioning Market - Opportunity Assessment |
9.1 Grenada Ducted Air Conditioning Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 Grenada Ducted Air Conditioning Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ducted Air Conditioning Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Ducted Air Conditioning Market - Competitive Landscape |
10.1 Grenada Ducted Air Conditioning Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ducted Air Conditioning 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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