Grenada Electric Vehicles Market (2025-2031) | Growth, Companies, Outlook, Trends, Share, Segmentation, Value, Industry, Analysis, Forecast, Competitive Landscape, Size & Revenue

Name: Grenada Electric Vehicles Market (2025-2031) | Growth & Companies
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Electric Vehicles Market, Grenada Electric Vehicles Market, Grenada Electric Vehicles Market Revenues, Grenada Electric Vehicles Market Share, Grenada Electric Vehicles Market Size, Grenada Electric Vehicles Market Outlook, Grenada Electric Vehicles Market Report, Grenada Electric Vehicles Market Competition, Grenada Electric Vehicles Market Overview, Grenada Electric Vehicles Market Trends, Grenada Electric Vehicles Market Forecast

Market Forecast By Vehicle Type (Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs)), By Propulsion Type (Battery Electric, Hybrid Electric), By End Use (Personal, Commercial) And Competitive Landscape

Product Code: ETC7369410	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

Grenada Electric Vehicles Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s electric vehicle import market saw significant growth in 2024, with top exporters including Japan, China, UK, USA, and South Korea. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 75.97%, with a remarkable growth spurt of 277.13% from 2023 to 2024. This data suggests a strong demand for electric vehicles in Grenada and a competitive market environment among the leading exporting countries.

Key Highlights of the Report:

Grenada Electric Vehicles Market Outlook
Market Size of Grenada Electric Vehicles Market, 2024
Forecast of Grenada Electric Vehicles Market, 2031
Historical Data and Forecast of Grenada Electric Vehicles Revenues & Volume for the Period 2021- 2031
Grenada Electric Vehicles Market Trend Evolution
Grenada Electric Vehicles Market Drivers and Challenges
Grenada Electric Vehicles Price Trends
Grenada Electric Vehicles Porter's Five Forces
Grenada Electric Vehicles Industry Life Cycle
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Vehicle Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Battery Electric Vehicles (BEVs) for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Plug-in Hybrid Electric Vehicles (PHEVs) for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Hybrid Electric Vehicles (HEVs) for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Propulsion Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Battery Electric for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Hybrid Electric for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By End Use for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Personal for the Period 2021- 2031
Historical Data and Forecast of Grenada Electric Vehicles Market Revenues & Volume By Commercial for the Period 2021- 2031
Grenada Electric Vehicles Import Export Trade Statistics
Market Opportunity Assessment By Vehicle Type
Market Opportunity Assessment By Propulsion Type
Market Opportunity Assessment By End Use
Grenada Electric Vehicles Top Companies Market Share
Grenada Electric Vehicles Competitive Benchmarking By Technical and Operational Parameters
Grenada Electric Vehicles Company Profiles
Grenada Electric Vehicles Key Strategic Recommendations

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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 Vehicles Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Electric Vehicles Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Electric Vehicles Market - Industry Life Cycle

3.4 Grenada Electric Vehicles Market - Porter's Five Forces

3.5 Grenada Electric Vehicles Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F

3.6 Grenada Electric Vehicles Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F

3.7 Grenada Electric Vehicles Market Revenues & Volume Share, By End Use, 2021 & 2031F

4 Grenada Electric Vehicles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing government initiatives and incentives for promoting electric vehicles in Grenada

4.2.2 Rising consumer awareness about the benefits of electric vehicles in terms of environmental impact and cost savings

4.2.3 Improvements in charging infrastructure and technology supporting electric vehicle adoption in Grenada

4.3 Market Restraints

4.3.1 High initial cost of electric vehicles compared to traditional combustion engine vehicles

4.3.2 Limited availability of electric vehicle models and brands in Grenada

4.3.3 Concerns about the range and charging infrastructure for electric vehicles in Grenada

5 Grenada Electric Vehicles Market Trends

6 Grenada Electric Vehicles Market, By Types

6.1 Grenada Electric Vehicles Market, By Vehicle Type

6.1.1 Overview and Analysis

6.1.2 Grenada Electric Vehicles Market Revenues & Volume, By Vehicle Type, 2021- 2031F

6.1.3 Grenada Electric Vehicles Market Revenues & Volume, By Battery Electric Vehicles (BEVs), 2021- 2031F

6.1.4 Grenada Electric Vehicles Market Revenues & Volume, By Plug-in Hybrid Electric Vehicles (PHEVs), 2021- 2031F

6.1.5 Grenada Electric Vehicles Market Revenues & Volume, By Hybrid Electric Vehicles (HEVs), 2021- 2031F

6.2 Grenada Electric Vehicles Market, By Propulsion Type

6.2.1 Overview and Analysis

6.2.2 Grenada Electric Vehicles Market Revenues & Volume, By Battery Electric, 2021- 2031F

6.2.3 Grenada Electric Vehicles Market Revenues & Volume, By Hybrid Electric, 2021- 2031F

6.3 Grenada Electric Vehicles Market, By End Use

6.3.1 Overview and Analysis

6.3.2 Grenada Electric Vehicles Market Revenues & Volume, By Personal, 2021- 2031F

6.3.3 Grenada Electric Vehicles Market Revenues & Volume, By Commercial, 2021- 2031F

7 Grenada Electric Vehicles Market Import-Export Trade Statistics

7.1 Grenada Electric Vehicles Market Export to Major Countries

7.2 Grenada Electric Vehicles Market Imports from Major Countries

8 Grenada Electric Vehicles Market Key Performance Indicators

8.1 Number of public charging stations for electric vehicles in Grenada

8.2 Percentage increase in government subsidies or incentives for electric vehicle purchases

8.3 Growth in the number of electric vehicle registrations in Grenada

8.4 Average battery range of electric vehicles available in Grenada

8.5 Adoption rate of electric vehicles among commercial fleets in Grenada

9 Grenada Electric Vehicles Market - Opportunity Assessment

9.1 Grenada Electric Vehicles Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F

9.2 Grenada Electric Vehicles Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F

9.3 Grenada Electric Vehicles Market Opportunity Assessment, By End Use, 2021 & 2031F

10 Grenada Electric Vehicles Market - Competitive Landscape

10.1 Grenada Electric Vehicles Market Revenue Share, By Companies, 2024

10.2 Grenada Electric Vehicles Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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