| Product Code: ETC4776202 | 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 |
Despite a significant drop in growth rate from 2023 to 2024, the Grenada electric enclosure import market continued to thrive with a high Herfindahl-Hirschman Index (HHI) indicating strong concentration among top exporting countries. The top countries exporting to Grenada in 2024 include the USA, UK, China, Trinidad and Tobago, and Germany. With a compound annual growth rate (CAGR) of 11.29% from 2020 to 2024, the market presents opportunities for continued expansion and strategic partnerships in the coming years.
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 Enclosure Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Enclosure Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Enclosure Market - Industry Life Cycle |
3.4 Grenada Electric Enclosure Market - Porter's Five Forces |
3.5 Grenada Electric Enclosure Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Electric Enclosure Market Revenues & Volume Share, By Mounting Type, 2021 & 2031F |
3.7 Grenada Electric Enclosure Market Revenues & Volume Share, By Form Factor, 2021 & 2031F |
3.8 Grenada Electric Enclosure Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
4 Grenada Electric Enclosure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electric Enclosure Market Trends |
6 Grenada Electric Enclosure Market Segmentations |
6.1 Grenada Electric Enclosure Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Enclosure Market Revenues & Volume, By Metallic, 2021-2031F |
6.1.3 Grenada Electric Enclosure Market Revenues & Volume, By Non-metallic, 2021-2031F |
6.2 Grenada Electric Enclosure Market, By Mounting Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Enclosure Market Revenues & Volume, By Wall-mounted enclosure, 2021-2031F |
6.2.3 Grenada Electric Enclosure Market Revenues & Volume, By Floor-mounted/Free-standing enclosure, 2021-2031F |
6.2.4 Grenada Electric Enclosure Market Revenues & Volume, By Underground, 2021-2031F |
6.3 Grenada Electric Enclosure Market, By Form Factor |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Enclosure Market Revenues & Volume, By Small enclosure, 2021-2031F |
6.3.3 Grenada Electric Enclosure Market Revenues & Volume, By Compact enclosure, 2021-2031F |
6.3.4 Grenada Electric Enclosure Market Revenues & Volume, By Free-size enclosure, 2021-2031F |
6.4 Grenada Electric Enclosure Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric Enclosure Market Revenues & Volume, By Power generation & distribution, 2021-2031F |
6.4.3 Grenada Electric Enclosure Market Revenues & Volume, By Oil & gas, 2021-2031F |
6.4.4 Grenada Electric Enclosure Market Revenues & Volume, By Metals & mining, 2021-2031F |
6.4.5 Grenada Electric Enclosure Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Grenada Electric Enclosure Market Revenues & Volume, By Pulp & paper, 2021-2031F |
6.4.7 Grenada Electric Enclosure Market Revenues & Volume, By Food & beverages, 2021-2031F |
6.4.8 Grenada Electric Enclosure Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Grenada Electric Enclosure Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Electric Enclosure Market Import-Export Trade Statistics |
7.1 Grenada Electric Enclosure Market Export to Major Countries |
7.2 Grenada Electric Enclosure Market Imports from Major Countries |
8 Grenada Electric Enclosure Market Key Performance Indicators |
9 Grenada Electric Enclosure Market - Opportunity Assessment |
9.1 Grenada Electric Enclosure Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Electric Enclosure Market Opportunity Assessment, By Mounting Type, 2021 & 2031F |
9.3 Grenada Electric Enclosure Market Opportunity Assessment, By Form Factor, 2021 & 2031F |
9.4 Grenada Electric Enclosure Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
10 Grenada Electric Enclosure Market - Competitive Landscape |
10.1 Grenada Electric Enclosure Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Enclosure 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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