Grenada Electric Water Heaters Market (2025-2031) | Industry, Competition, Size, Opportunities, Restraints, Companies, Forecast, Share, Drivers, Strategy, Supply, Pricing Analysis, Investment Trends, Segments, Consumer Insights, Growth, Challenges, Strategic Insights, Competitive, Trends, Demand, Segmentation, Revenue, Analysis, Outlook, Value
Market Forecast By Heater Type (Storage Water Heater, Instant Water Heater, Solar Hybrid Water Heater, Tankless Water Heater), By Features (Large Capacity, Fast Heating, Energy Efficient, Space-Saving), By Application (Residential, Commercial Use, Off-Grid Locations, Apartments), By End User (Homeowners, Hotels & Restaurants, Rural Households, Urban Dwellers), By Power Rating (1-5 kW, 3-10 kW, 5-20 kW, 3-12 kW) And Competitive Landscape
| Product Code: ETC11852518 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada Electric Water Heaters Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The import shipments of electric water heaters to Grenada in 2024 continued to be dominated by key exporting countries such as the USA, Brazil, UK, Trinidad and Tobago, and Puerto Rico. Despite a high concentration of market share in 2023, the Herfindahl-Hirschman Index (HHI) slightly decreased to reflect a still significant level of concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -0.17, indicating a decline in overall market size. Furthermore, the growth rate from 2023 to 2024 experienced a substantial decrease of -20.38, suggesting a challenging year for the electric water heater import market in Grenada.
Key Highlights of the Report:
- Grenada Electric Water Heaters Market Outlook
- Market Size of Grenada Electric Water Heaters Market,2024
- Forecast of Grenada Electric Water Heaters Market, 2031
- Historical Data and Forecast of Grenada Electric Water Heaters Revenues & Volume for the Period 2021-2031
- Grenada Electric Water Heaters Market Trend Evolution
- Grenada Electric Water Heaters Market Drivers and Challenges
- Grenada Electric Water Heaters Price Trends
- Grenada Electric Water Heaters Porter's Five Forces
- Grenada Electric Water Heaters Industry Life Cycle
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Heater Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Storage Water Heater for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Instant Water Heater for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Solar Hybrid Water Heater for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Tankless Water Heater for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Features for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Large Capacity for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Fast Heating for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Energy Efficient for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Space-Saving for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Commercial Use for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Off-Grid Locations for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Apartments for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By End User for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Homeowners for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Hotels & Restaurants for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Rural Households for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Urban Dwellers for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By Power Rating for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By 1-5 kW for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By 3-10 kW for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By 5-20 kW for the Period 2021-2031
- Historical Data and Forecast of Grenada Electric Water Heaters Market Revenues & Volume By 3-12 kW for the Period 2021 - 2029
- Grenada Electric Water Heaters Import Export Trade Statistics
- Market Opportunity Assessment By Heater Type
- Market Opportunity Assessment By Features
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End User
- Market Opportunity Assessment By Power Rating
- Grenada Electric Water Heaters Top Companies Market Share
- Grenada Electric Water Heaters Competitive Benchmarking By Technical and Operational Parameters
- Grenada Electric Water Heaters Company Profiles
- Grenada Electric Water Heaters Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Electric Water Heaters Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Electric Water Heaters Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Water Heaters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Water Heaters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Water Heaters Market - Industry Life Cycle |
3.4 Grenada Electric Water Heaters Market - Porter's Five Forces |
3.5 Grenada Electric Water Heaters Market Revenues & Volume Share, By Heater Type, 2021 & 2031F |
3.6 Grenada Electric Water Heaters Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Grenada Electric Water Heaters Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Electric Water Heaters Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Grenada Electric Water Heaters Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
4 Grenada Electric Water Heaters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electric Water Heaters Market Trends |
6 Grenada Electric Water Heaters Market, By Types |
6.1 Grenada Electric Water Heaters Market, By Heater Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Water Heaters Market Revenues & Volume, By Heater Type, 2021 - 2031F |
6.1.3 Grenada Electric Water Heaters Market Revenues & Volume, By Storage Water Heater, 2021 - 2031F |
6.1.4 Grenada Electric Water Heaters Market Revenues & Volume, By Instant Water Heater, 2021 - 2031F |
6.1.5 Grenada Electric Water Heaters Market Revenues & Volume, By Solar Hybrid Water Heater, 2021 - 2031F |
6.1.6 Grenada Electric Water Heaters Market Revenues & Volume, By Tankless Water Heater, 2021 - 2031F |
6.2 Grenada Electric Water Heaters Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Water Heaters Market Revenues & Volume, By Large Capacity, 2021 - 2031F |
6.2.3 Grenada Electric Water Heaters Market Revenues & Volume, By Fast Heating, 2021 - 2031F |
6.2.4 Grenada Electric Water Heaters Market Revenues & Volume, By Energy Efficient, 2021 - 2031F |
6.2.5 Grenada Electric Water Heaters Market Revenues & Volume, By Space-Saving, 2021 - 2031F |
6.3 Grenada Electric Water Heaters Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Water Heaters Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Electric Water Heaters Market Revenues & Volume, By Commercial Use, 2021 - 2031F |
6.3.4 Grenada Electric Water Heaters Market Revenues & Volume, By Off-Grid Locations, 2021 - 2031F |
6.3.5 Grenada Electric Water Heaters Market Revenues & Volume, By Apartments, 2021 - 2031F |
6.4 Grenada Electric Water Heaters Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric Water Heaters Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.4.3 Grenada Electric Water Heaters Market Revenues & Volume, By Hotels & Restaurants, 2021 - 2031F |
6.4.4 Grenada Electric Water Heaters Market Revenues & Volume, By Rural Households, 2021 - 2031F |
6.4.5 Grenada Electric Water Heaters Market Revenues & Volume, By Urban Dwellers, 2021 - 2031F |
6.5 Grenada Electric Water Heaters Market, By Power Rating |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electric Water Heaters Market Revenues & Volume, By 1-5 kW, 2021 - 2031F |
6.5.3 Grenada Electric Water Heaters Market Revenues & Volume, By 3-10 kW, 2021 - 2031F |
6.5.4 Grenada Electric Water Heaters Market Revenues & Volume, By 5-20 kW, 2021 - 2031F |
6.5.5 Grenada Electric Water Heaters Market Revenues & Volume, By 3-12 kW, 2021 - 2031F |
7 Grenada Electric Water Heaters Market Import-Export Trade Statistics |
7.1 Grenada Electric Water Heaters Market Export to Major Countries |
7.2 Grenada Electric Water Heaters Market Imports from Major Countries |
8 Grenada Electric Water Heaters Market Key Performance Indicators |
9 Grenada Electric Water Heaters Market - Opportunity Assessment |
9.1 Grenada Electric Water Heaters Market Opportunity Assessment, By Heater Type, 2021 & 2031F |
9.2 Grenada Electric Water Heaters Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Grenada Electric Water Heaters Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Electric Water Heaters Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Grenada Electric Water Heaters Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
10 Grenada Electric Water Heaters Market - Competitive Landscape |
10.1 Grenada Electric Water Heaters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Water Heaters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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