| Product Code: ETC7369356 | 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 import shipments of electric rickshaws to Grenada in 2024 saw a significant increase in concentration among the top exporting countries, with Japan, China, UK, USA, and South Korea leading the pack. This high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market dominated by these key players. The impressive compound annual growth rate (CAGR) of 75.97% from 2020 to 2024 highlights the rapid expansion of this market segment. Moreover, the remarkable growth rate of 277.13% from 2023 to 2024 underscores the escalating demand for electric rickshaws in Grenada.
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 Rickshaw Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Rickshaw Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Rickshaw Market - Industry Life Cycle |
3.4 Grenada Electric Rickshaw Market - Porter's Five Forces |
3.5 Grenada Electric Rickshaw Market Revenues & Volume Share, By Motor Power, 2021 & 2031F |
3.6 Grenada Electric Rickshaw Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.7 Grenada Electric Rickshaw Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.8 Grenada Electric Rickshaw Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Grenada Electric Rickshaw Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Electric Rickshaw Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable transportation solutions |
4.2.2 Government initiatives promoting electric vehicle adoption |
4.2.3 Rising fuel prices leading to higher demand for electric vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of electric rickshaws |
4.3.2 Limited charging infrastructure for electric vehicles in Grenada |
5 Grenada Electric Rickshaw Market Trends |
6 Grenada Electric Rickshaw Market, By Types |
6.1 Grenada Electric Rickshaw Market, By Motor Power |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Rickshaw Market Revenues & Volume, By Motor Power, 2021- 2031F |
6.1.3 Grenada Electric Rickshaw Market Revenues & Volume, By |
6.1.4 Grenada Electric Rickshaw Market Revenues & Volume, By 1000 15000 W, 2021- 2031F |
6.1.5 Grenada Electric Rickshaw Market Revenues & Volume, By >1500 W, 2021- 2031F |
6.2 Grenada Electric Rickshaw Market, By Battery Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Rickshaw Market Revenues & Volume, By |
6.2.3 Grenada Electric Rickshaw Market Revenues & Volume, By >101 Ah, 2021- 2031F |
6.3 Grenada Electric Rickshaw Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Rickshaw Market Revenues & Volume, By Li-ion Battery, 2021- 2031F |
6.3.3 Grenada Electric Rickshaw Market Revenues & Volume, By Lead Acid Battery, 2021- 2031F |
6.4 Grenada Electric Rickshaw Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric Rickshaw Market Revenues & Volume, By Organised, 2021- 2031F |
6.4.3 Grenada Electric Rickshaw Market Revenues & Volume, By Unorganised, 2021- 2031F |
6.5 Grenada Electric Rickshaw Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electric Rickshaw Market Revenues & Volume, By Passenger Carrier, 2021- 2031F |
6.5.3 Grenada Electric Rickshaw Market Revenues & Volume, By Load Carrier, 2021- 2031F |
7 Grenada Electric Rickshaw Market Import-Export Trade Statistics |
7.1 Grenada Electric Rickshaw Market Export to Major Countries |
7.2 Grenada Electric Rickshaw Market Imports from Major Countries |
8 Grenada Electric Rickshaw Market Key Performance Indicators |
8.1 Average daily mileage per electric rickshaw |
8.2 Number of charging stations for electric rickshaws in Grenada |
8.3 Percentage of government subsidies allocated to electric rickshaw industry |
9 Grenada Electric Rickshaw Market - Opportunity Assessment |
9.1 Grenada Electric Rickshaw Market Opportunity Assessment, By Motor Power, 2021 & 2031F |
9.2 Grenada Electric Rickshaw Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.3 Grenada Electric Rickshaw Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.4 Grenada Electric Rickshaw Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Grenada Electric Rickshaw Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Electric Rickshaw Market - Competitive Landscape |
10.1 Grenada Electric Rickshaw Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Rickshaw 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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