| Product Code: ETC7369366 | 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 three-wheelers to Grenada have seen a significant surge in 2024, with top exporting countries being Japan, China, UK, USA, and South Korea. The market concentration, as measured by the HHI, remains high and has increased from the previous year. The impressive CAGR of 75.97% from 2020 to 2024 indicates a rapidly expanding market, further supported by the remarkable growth rate of 277.13% in 2024 alone. This data suggests a growing demand for electric three-wheelers in Grenada, highlighting a promising trend for the industry.
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 Three-Wheeler Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Three-Wheeler Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Three-Wheeler Market - Industry Life Cycle |
3.4 Grenada Electric Three-Wheeler Market - Porter's Five Forces |
3.5 Grenada Electric Three-Wheeler Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.6 Grenada Electric Three-Wheeler Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Grenada Electric Three-Wheeler Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Increasing environmental awareness and concerns about pollution |
4.2.3 Rising fuel prices and the need for more energy-efficient transportation options |
4.3 Market Restraints |
4.3.1 Lack of charging infrastructure for electric vehicles |
4.3.2 High initial cost of electric three-wheelers compared to traditional options |
4.3.3 Limited range and battery life of electric vehicles |
5 Grenada Electric Three-Wheeler Market Trends |
6 Grenada Electric Three-Wheeler Market, By Types |
6.1 Grenada Electric Three-Wheeler Market, By End Use |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Three-Wheeler Market Revenues & Volume, By End Use, 2021- 2031F |
6.1.3 Grenada Electric Three-Wheeler Market Revenues & Volume, By Passenger Carrier, 2021- 2031F |
6.1.4 Grenada Electric Three-Wheeler Market Revenues & Volume, By Goods Carrier, 2021- 2031F |
6.2 Grenada Electric Three-Wheeler Market, By Battery Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Three-Wheeler Market Revenues & Volume, By Li-ion, 2021- 2031F |
6.2.3 Grenada Electric Three-Wheeler Market Revenues & Volume, By Lead Acid, 2021- 2031F |
7 Grenada Electric Three-Wheeler Market Import-Export Trade Statistics |
7.1 Grenada Electric Three-Wheeler Market Export to Major Countries |
7.2 Grenada Electric Three-Wheeler Market Imports from Major Countries |
8 Grenada Electric Three-Wheeler Market Key Performance Indicators |
8.1 Average charging time for electric three-wheelers |
8.2 Number of charging stations per capita in Grenada |
8.3 Percentage of total vehicles on the road that are electric three-wheelers |
9 Grenada Electric Three-Wheeler Market - Opportunity Assessment |
9.1 Grenada Electric Three-Wheeler Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.2 Grenada Electric Three-Wheeler Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Grenada Electric Three-Wheeler Market - Competitive Landscape |
10.1 Grenada Electric Three-Wheeler Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Three-Wheeler 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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