| Product Code: ETC5118012 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s electrical switches import market continued to showcase a high level of concentration in 2024, with top exporting countries being the USA, UK, Barbados, Germany, and Metropolitan France. The impressive Compound Annual Growth Rate (CAGR) of 19.85% from 2020 to 2024 reflects a robust growth trend in the sector. Additionally, the growth rate of 6.49% from 2023 to 2024 indicates a sustained momentum in import volumes. With major players dominating the market, Grenada`s reliance on these key exporters highlights a stable and well-established supply chain for electrical switches.
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 Electrical Switches Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electrical Switches Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electrical Switches Market - Industry Life Cycle |
3.4 Grenada Electrical Switches Market - Porter's Five Forces |
3.5 Grenada Electrical Switches Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electrical Switches Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electrical Switches Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electrical Switches Market Trends |
6 Grenada Electrical Switches Market Segmentations |
6.1 Grenada Electrical Switches Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electrical Switches Market Revenues & Volume, By Modular, 2021-2031F |
6.1.3 Grenada Electrical Switches Market Revenues & Volume, By Non-Modular, 2021-2031F |
6.2 Grenada Electrical Switches Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electrical Switches Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Electrical Switches Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Grenada Electrical Switches Market Import-Export Trade Statistics |
7.1 Grenada Electrical Switches Market Export to Major Countries |
7.2 Grenada Electrical Switches Market Imports from Major Countries |
8 Grenada Electrical Switches Market Key Performance Indicators |
9 Grenada Electrical Switches Market - Opportunity Assessment |
9.1 Grenada Electrical Switches Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electrical Switches Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electrical Switches Market - Competitive Landscape |
10.1 Grenada Electrical Switches Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electrical Switches 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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