| Product Code: ETC4641074 | 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 |
The import shipments of electric all-terrain vehicles and utility-terrain vehicles in Grenada have seen significant growth, with a high concentration of imports from top countries including Japan, China, UK, USA, and South Korea in 2024. The competitive landscape remains concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating market dominance by key players. The impressive Compound Annual Growth Rate (CAGR) of 75.97% from 2020 to 2024 highlights the increasing demand for eco-friendly vehicles in Grenada. Moreover, the remarkable growth rate of 277.13% from 2023 to 2024 signifies a booming market for electric off-road vehicles in the country.
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 All-Terrain Vehicle and Utility-Terrain Vehicle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Industry Life Cycle |
3.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Porter's Five Forces |
3.5 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
3.6 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Drivetrain Type, 2021 & 2031F |
3.8 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Engine Size, 2021 & 2031F |
3.9 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.10 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.11 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume Share, By Number of wheels, 2021 & 2031F |
4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for eco-friendly and sustainable transportation options |
4.2.2 Growing trend towards outdoor recreational activities and adventure tourism |
4.2.3 Government initiatives and incentives promoting electric vehicle adoption |
4.3 Market Restraints |
4.3.1 High initial cost of electric all-terrain vehicles and utility-terrain vehicles |
4.3.2 Limited charging infrastructure in remote outdoor locations |
4.3.3 Perception of limited range and battery life compared to traditional gas-powered vehicles |
5 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Trends |
6 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Segmentations |
6.1 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Application Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Professional Sports, 2021-2031F |
6.1.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Recreational, 2021-2031F |
6.1.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Agriculture and Utility, 2021-2031F |
6.1.5 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Military and Defense, 2021-2031F |
6.1.6 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By All-terrain Vehicle, 2021-2031F |
6.2.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Utility-terrain Vehicle, 2021-2031F |
6.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Drivetrain Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Two-wheel Drive, 2021-2031F |
6.3.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Four-wheel Drive, 2021-2031F |
6.3.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By All-wheel Drive, 2021-2031F |
6.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Engine Size |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Less than 400 CC, 2021-2031F |
6.4.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By 400 CC to 800 CC, 2021-2031F |
6.4.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than 800 CC, 2021-2031F |
6.5 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Battery Capacity |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Up to 48V, 2021-2031F |
6.5.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By 48V to 72V, 2021-2031F |
6.5.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than 72V, 2021-2031F |
6.6 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Propulsion Type |
6.6.1 Overview and Analysis |
6.6.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By BEV, 2021-2031F |
6.6.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By PHEV, 2021-2031F |
6.6.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By HEV, 2021-2031F |
6.7 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Number of wheels |
6.7.1 Overview and Analysis |
6.7.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Four-wheeled, 2021-2031F |
6.7.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By More than four-wheeled, 2021-2031F |
6.8 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market, By Seating Capacity |
6.8.1 Overview and Analysis |
6.8.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By One-seater, 2021-2031F |
6.8.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenues & Volume, By Two-seater, 2021-2031F |
7 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Import-Export Trade Statistics |
7.1 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Export to Major Countries |
7.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Imports from Major Countries |
8 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Key Performance Indicators |
8.1 Adoption rate of electric all-terrain vehicles and utility-terrain vehicles in outdoor recreation and tourism sectors |
8.2 Number of charging stations specifically catering to electric all-terrain vehicles and utility-terrain vehicles |
8.3 Average distance traveled per charge and improvements in battery technology |
8.4 Customer satisfaction and repeat purchase rate for grenada electric all-terrain vehicles and utility-terrain vehicles |
8.5 Environmental impact metrics such as reduction in carbon emissions and fuel consumption |
9 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Opportunity Assessment |
9.1 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
9.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Drivetrain Type, 2021 & 2031F |
9.4 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Engine Size, 2021 & 2031F |
9.5 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.6 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.7 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Number of wheels, 2021 & 2031F |
9.7 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Opportunity Assessment, By Seating Capacity, 2021 & 2031F |
10 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market - Competitive Landscape |
10.1 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric All-Terrain Vehicle and Utility-Terrain Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |