| Product Code: ETC5116150 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to heavily rely on electric accumulators imports with top countries including USA, Saint Lucia, UK, Germany, and other areas. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a sharp decline with a negative Compound Annual Growth Rate (CAGR) of -12.68% from 2020 to 2024 and a significant growth rate decrease of -43.68% from 2023 to 2024. This indicates a challenging environment for electric accumulator imports in Grenada, highlighting the need for strategic planning and market analysis.
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 Electric Accumulators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Accumulators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Accumulators Market - Industry Life Cycle |
3.4 Grenada Electric Accumulators Market - Porter's Five Forces |
3.5 Grenada Electric Accumulators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electric Accumulators Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electric Accumulators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for renewable energy sources leading to higher adoption of electric accumulators |
4.2.2 Government regulations promoting the use of electric vehicles and renewable energy storage solutions |
4.2.3 Technological advancements in electric accumulator technology enhancing efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing electric accumulators |
4.3.2 Lack of awareness and understanding among consumers about the benefits of electric accumulators |
4.3.3 Limited availability of charging infrastructure for electric vehicles using accumulators |
5 Grenada Electric Accumulators Market Trends |
6 Grenada Electric Accumulators Market Segmentations |
6.1 Grenada Electric Accumulators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Accumulators Market Revenues & Volume, By Lead-acid, 2021-2031F |
6.1.3 Grenada Electric Accumulators Market Revenues & Volume, By Nickel-cadmium, 2021-2031F |
6.1.4 Grenada Electric Accumulators Market Revenues & Volume, By Lithium-ion, 2021-2031F |
6.1.5 Grenada Electric Accumulators Market Revenues & Volume, By Fluid acid, 2021-2031F |
6.1.6 Grenada Electric Accumulators Market Revenues & Volume, By others, 2021-2031F |
6.2 Grenada Electric Accumulators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Accumulators Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Grenada Electric Accumulators Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.4 Grenada Electric Accumulators Market Revenues & Volume, By Smartphones, 2021-2031F |
6.2.5 Grenada Electric Accumulators Market Revenues & Volume, By Wearables, 2021-2031F |
6.2.6 Grenada Electric Accumulators Market Revenues & Volume, By Medical Equipment, 2021-2031F |
6.2.7 Grenada Electric Accumulators Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Electric Accumulators Market Import-Export Trade Statistics |
7.1 Grenada Electric Accumulators Market Export to Major Countries |
7.2 Grenada Electric Accumulators Market Imports from Major Countries |
8 Grenada Electric Accumulators Market Key Performance Indicators |
8.1 Energy efficiency ratio of electric accumulators |
8.2 Adoption rate of electric vehicles powered by accumulators |
8.3 Number of government incentives and policies supporting the electric accumulator market |
9 Grenada Electric Accumulators Market - Opportunity Assessment |
9.1 Grenada Electric Accumulators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electric Accumulators Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electric Accumulators Market - Competitive Landscape |
10.1 Grenada Electric Accumulators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Accumulators 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