Grenada Electricity Meters Market (2025-2031) | Analysis, Revenue, Trends, Share, Outlook, Growth, Industry, Value, Segmentation, Forecast, Companies & Size
Market Forecast By Type (Single Phase, Three Phase, Analog, Smart), By Application (Residential, Commercial, Industrial, Others) And Competitive Landscape
| Product Code: ETC5407553 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada Electricity Meters Market Top 5 Importing Countries and Market Competition (HHI) Analysis
In 2024, Grenada continued to heavily rely on electricity meter imports, with top exporters being the USA, Costa Rica, UK, Trinidad and Tobago, and China. Despite a negative CAGR from 2020 to 2024, the industry experienced an impressive growth rate of 264.46% from 2023 to 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to competitive challenges. Grenada`s electricity meter import market remains dynamic and is likely influenced by various factors such as technological advancements and shifting global trade dynamics.
Electricity Meters Market: Grenada vs Top 5 Major Economies in 2027 (North America)
By 2027, the Electricity Meters market in Grenada is anticipated to reach a growth rate of -2.00%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.
Key Highlights of the Report:
- Grenada Electricity Meters Market Outlook
- Market Size of Grenada Electricity Meters Market, 2024
- Forecast of Grenada Electricity Meters Market, 2031
- Historical Data and Forecast of Grenada Electricity Meters Revenues & Volume for the Period 2021-2031
- Grenada Electricity Meters Market Trend Evolution
- Grenada Electricity Meters Market Drivers and Challenges
- Grenada Electricity Meters Price Trends
- Grenada Electricity Meters Porter`s Five Forces
- Grenada Electricity Meters Industry Life Cycle
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Single Phase for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Three Phase for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Analog for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Smart for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Residential for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Commercial for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Industrial for the Period 2021-2031
- Historical Data and Forecast of Grenada Electricity Meters Market Revenues & Volume By Others for the Period 2021-2031
- Grenada Electricity Meters Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Grenada Electricity Meters Top Companies Market Share
- Grenada Electricity Meters Competitive Benchmarking By Technical and Operational Parameters
- Grenada Electricity Meters Company Profiles
- Grenada Electricity Meters Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Grenada Electricity Meters 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 Electricity Meters Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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 Electricity Meters Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electricity Meters Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electricity Meters Market - Industry Life Cycle |
3.4 Grenada Electricity Meters Market - Porter's Five Forces |
3.5 Grenada Electricity Meters Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electricity Meters Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electricity Meters Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on energy efficiency and conservation initiatives in Grenada |
4.2.2 Government regulations mandating the use of smart meters in the electricity sector |
4.2.3 Growing adoption of renewable energy sources leading to increased demand for electricity meters |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing smart metering systems |
4.3.2 Lack of skilled workforce to install and maintain advanced electricity meters |
4.3.3 Limited awareness and education about the benefits of smart meters among consumers |
5 Grenada Electricity Meters Market Trends |
6 Grenada Electricity Meters Market Segmentations |
6.1 Grenada Electricity Meters Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electricity Meters Market Revenues & Volume, By Single Phase, 2021-2031F |
6.1.3 Grenada Electricity Meters Market Revenues & Volume, By Three Phase, 2021-2031F |
6.1.4 Grenada Electricity Meters Market Revenues & Volume, By Analog, 2021-2031F |
6.1.5 Grenada Electricity Meters Market Revenues & Volume, By Smart, 2021-2031F |
6.2 Grenada Electricity Meters Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electricity Meters Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Electricity Meters Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Electricity Meters Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Grenada Electricity Meters Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Electricity Meters Market Import-Export Trade Statistics |
7.1 Grenada Electricity Meters Market Export to Major Countries |
7.2 Grenada Electricity Meters Market Imports from Major Countries |
8 Grenada Electricity Meters Market Key Performance Indicators |
8.1 Percentage increase in the number of smart meters installed annually |
8.2 Average time taken for installation and activation of electricity meters |
8.3 Rate of return on investment for electricity metering projects |
8.4 Percentage reduction in energy consumption attributed to the use of smart meters |
8.5 Customer satisfaction scores related to the functionality and reliability of electricity meters |
9 Grenada Electricity Meters Market - Opportunity Assessment |
9.1 Grenada Electricity Meters Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electricity Meters Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electricity Meters Market - Competitive Landscape |
10.1 Grenada Electricity Meters Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electricity Meters Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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