| Product Code: ETC7369328 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The electric generators import market in Grenada continues to thrive, with key exporting countries in 2024 including Panama, USA, UK, China, and Netherlands. Despite the high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market shows steady growth with a notable Compound Annual Growth Rate (CAGR) of 9.84% from 2020 to 2024. The impressive growth rate of 202.38% from 2023 to 2024 underscores the increasing demand for electric generators in Grenada, signaling a promising outlook for the industry 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 Generators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Generators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Generators Market - Industry Life Cycle |
3.4 Grenada Electric Generators Market - Porter's Five Forces |
3.5 Grenada Electric Generators Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Grenada Electric Generators Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Electric Generators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable power supply in Grenada |
4.2.2 Growing construction and infrastructure development activities in the country |
4.2.3 Government initiatives promoting the use of renewable energy sources |
4.3 Market Restraints |
4.3.1 High initial investment cost of electric generators |
4.3.2 Dependence on imported fuel for generator operation |
4.3.3 Limited availability of skilled technicians for maintenance and repair of generators |
5 Grenada Electric Generators Market Trends |
6 Grenada Electric Generators Market, By Types |
6.1 Grenada Electric Generators Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Generators Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Grenada Electric Generators Market Revenues & Volume, By Below 75 kVA, 2021- 2031F |
6.1.4 Grenada Electric Generators Market Revenues & Volume, By 75 kVA - 350 kVA, 2021- 2031F |
6.1.5 Grenada Electric Generators Market Revenues & Volume, By Above 350 kVA, 2021- 2031F |
6.2 Grenada Electric Generators Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Generators Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Electric Generators Market Revenues & Volume, By Industrial, 2021- 2031F |
6.2.4 Grenada Electric Generators Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Electric Generators Market Import-Export Trade Statistics |
7.1 Grenada Electric Generators Market Export to Major Countries |
7.2 Grenada Electric Generators Market Imports from Major Countries |
8 Grenada Electric Generators Market Key Performance Indicators |
8.1 Average downtime of electric generators in Grenada |
8.2 Adoption rate of renewable energy-powered generators in the market |
8.3 Frequency of power outages and its impact on generator sales |
9 Grenada Electric Generators Market - Opportunity Assessment |
9.1 Grenada Electric Generators Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Grenada Electric Generators Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Electric Generators Market - Competitive Landscape |
10.1 Grenada Electric Generators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Generators 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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