| Product Code: ETC5116948 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The import shipments of electric radiators to Grenada in 2024 saw significant growth, with top exporting countries being USA, China, UK, Puerto Rico, and Germany. The market concentration remained high, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 24.5% from 2020 to 2024 highlights the increasing demand for electric radiators in Grenada. The remarkable growth rate of 61.58% from 2023 to 2024 signifies a surge in import activity, suggesting a strong market potential for electric radiators 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 Radiators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Radiators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Radiators Market - Industry Life Cycle |
3.4 Grenada Electric Radiators Market - Porter's Five Forces |
3.5 Grenada Electric Radiators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electric Radiators Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electric Radiators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and environmental concerns driving demand for electric radiators in Grenada. |
4.2.2 Government initiatives promoting the use of energy-efficient heating solutions. |
4.2.3 Growing adoption of smart home technologies leading to the integration of electric radiators in smart heating systems. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with electric radiators limiting adoption. |
4.3.2 Limited availability of skilled professionals for installation and maintenance of electric radiators. |
4.3.3 Relatively low consumer awareness and understanding of the benefits of electric radiators compared to traditional heating systems. |
5 Grenada Electric Radiators Market Trends |
6 Grenada Electric Radiators Market Segmentations |
6.1 Grenada Electric Radiators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Radiators Market Revenues & Volume, By Fan Heaters, 2021-2031F |
6.1.3 Grenada Electric Radiators Market Revenues & Volume, By Convention Radiators, 2021-2031F |
6.1.4 Grenada Electric Radiators Market Revenues & Volume, By Infrared Radiators, 2021-2031F |
6.1.5 Grenada Electric Radiators Market Revenues & Volume, By Oil-based Radiators, 2021-2031F |
6.2 Grenada Electric Radiators Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Radiators Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Electric Radiators Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Electric Radiators Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Electric Radiators Market Import-Export Trade Statistics |
7.1 Grenada Electric Radiators Market Export to Major Countries |
7.2 Grenada Electric Radiators Market Imports from Major Countries |
8 Grenada Electric Radiators Market Key Performance Indicators |
8.1 Energy savings achieved by using electric radiators compared to traditional heating systems. |
8.2 Number of government incentives or rebates utilized by consumers for purchasing electric radiators. |
8.3 Percentage increase in the installation of smart thermostats and IoT-enabled electric radiators in Grenada. |
8.4 Customer satisfaction ratings and feedback on the performance and efficiency of electric radiators. |
8.5 Growth in the number of energy-efficient buildings or homes using electric radiators in Grenada. |
9 Grenada Electric Radiators Market - Opportunity Assessment |
9.1 Grenada Electric Radiators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electric Radiators Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electric Radiators Market - Competitive Landscape |
10.1 Grenada Electric Radiators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Radiators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |