| Product Code: ETC7369367 | 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 three-wheeler import market in Grenada saw significant growth in 2024, with top exporting countries being Japan, China, UK, USA, and South Korea. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market, with a notable increase in concentration from 2023 to 2024. The impressive compound annual growth rate (CAGR) of 75.97% from 2020 to 2024 highlights the expanding demand for electric three-wheelers in Grenada. Moreover, the remarkable growth rate of 277.13% from 2023 to 2024 signals a surge in import shipments, reflecting a promising trend for the market.
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-wheelers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Three-wheelers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Three-wheelers Market - Industry Life Cycle |
3.4 Grenada Electric Three-wheelers Market - Porter's Five Forces |
3.5 Grenada Electric Three-wheelers Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Grenada Electric Three-wheelers Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.7 Grenada Electric Three-wheelers Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Electric Three-wheelers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly transportation solutions |
4.2.2 Government initiatives and incentives promoting electric vehicle adoption |
4.2.3 Rising fuel costs leading to a shift towards electric vehicles |
4.3 Market Restraints |
4.3.1 High initial investment cost of electric three-wheelers |
4.3.2 Limited charging infrastructure in Grenada |
4.3.3 Concerns regarding battery life and range anxiety among consumers |
5 Grenada Electric Three-wheelers Market Trends |
6 Grenada Electric Three-wheelers Market, By Types |
6.1 Grenada Electric Three-wheelers Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Three-wheelers Market Revenues & Volume, By Battery Type, 2021- 2031F |
6.1.3 Grenada Electric Three-wheelers Market Revenues & Volume, By Lithium-ion, 2021- 2031F |
6.1.4 Grenada Electric Three-wheelers Market Revenues & Volume, By Lead Acid, 2021- 2031F |
6.2 Grenada Electric Three-wheelers Market, By Power |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Three-wheelers Market Revenues & Volume, By Up to 1000 W, 2021- 2031F |
6.2.3 Grenada Electric Three-wheelers Market Revenues & Volume, By 1000 W - 1500 W, 2021- 2031F |
6.2.4 Grenada Electric Three-wheelers Market Revenues & Volume, By Above 1000 W, 2021- 2031F |
6.3 Grenada Electric Three-wheelers Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Three-wheelers Market Revenues & Volume, By Passenger Carrier, 2021- 2031F |
6.3.3 Grenada Electric Three-wheelers Market Revenues & Volume, By Goods Carrier, 2021- 2031F |
7 Grenada Electric Three-wheelers Market Import-Export Trade Statistics |
7.1 Grenada Electric Three-wheelers Market Export to Major Countries |
7.2 Grenada Electric Three-wheelers Market Imports from Major Countries |
8 Grenada Electric Three-wheelers Market Key Performance Indicators |
8.1 Average daily usage of charging stations |
8.2 Number of government subsidies or incentives for electric vehicle adoption |
8.3 Growth in the number of eco-tourism initiatives integrating electric three-wheelers |
9 Grenada Electric Three-wheelers Market - Opportunity Assessment |
9.1 Grenada Electric Three-wheelers Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Grenada Electric Three-wheelers Market Opportunity Assessment, By Power, 2021 & 2031F |
9.3 Grenada Electric Three-wheelers Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Electric Three-wheelers Market - Competitive Landscape |
10.1 Grenada Electric Three-wheelers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Three-wheelers 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.
To discover high-growth global markets and optimize your business strategy:
Click Here