| Product Code: ETC7369514 | 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`s electronically commulated import shipments in 2024 saw significant growth, with the top countries exporting being USA, China, Trinidad and Tobago, Saint Lucia, and Barbados. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market competition. The impressive compound annual growth rate (CAGR) of 23.85% from 2020 to 2024 highlights a thriving import market. Moreover, the growth rate of 13.14% from 2023 to 2024 signifies continued momentum in import activity, showcasing opportunities for further expansion and diversification in Grenada`s import sector.
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 Electronically Commulated [EC] Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electronically Commulated [EC] Market - Industry Life Cycle |
3.4 Grenada Electronically Commulated [EC] Market - Porter's Five Forces |
3.5 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Voltage, 2021 & 2031F |
3.7 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Mounted, 2021 & 2031F |
3.8 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Power, 2021 & 2031F |
3.9 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Grenada Electronically Commulated [EC] Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Electronically Commulated [EC] Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for digital payments and transactions in Grenada |
4.2.2 Growing adoption of e-commerce and online shopping in the region |
4.2.3 Government initiatives to promote digitalization and cashless transactions |
4.3 Market Restraints |
4.3.1 Limited internet penetration and access to technology in certain areas of Grenada |
4.3.2 Concerns over data security and privacy hindering trust in electronic transactions |
4.3.3 Lack of awareness and education about electronic payment systems among the population |
5 Grenada Electronically Commulated [EC] Market Trends |
6 Grenada Electronically Commulated [EC] Market, By Types |
6.1 Grenada Electronically Commulated [EC] Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Centrifugal Fans, 2021- 2031F |
6.1.4 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Forward Curved, 2021- 2031F |
6.1.5 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Radial or Straight Blade, 2021- 2031F |
6.1.6 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Backward Curved, 2021- 2031F |
6.1.7 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Axial Fans, 2021- 2031F |
6.1.8 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Mixed Flow Fans, 2021- 2031F |
6.2 Grenada Electronically Commulated [EC] Market, By Voltage |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Below 110 VAC, 2021- 2031F |
6.2.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By 110 VAC-210 VAC, 2021- 2031F |
6.2.4 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Above 210 VAC, 2021- 2031F |
6.3 Grenada Electronically Commulated [EC] Market, By Mounted |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Spider Mounting, 2021- 2031F |
6.3.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Cube Mounting, 2021- 2031F |
6.4 Grenada Electronically Commulated [EC] Market, By Power |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Below 0.5 HP (-350W), 2021- 2031F |
6.4.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By 0.5-1.0 HP (350-750W), 2021- 2031F |
6.4.4 Grenada Electronically Commulated [EC] Market Revenues & Volume, By 1.0-3.0 HP (750-2.3kW), 2021- 2031F |
6.4.5 Grenada Electronically Commulated [EC] Market Revenues & Volume, By 3.0-5.0 HP (2.3-4kW), 2021- 2031F |
6.5 Grenada Electronically Commulated [EC] Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Manufacturing Industry, 2021- 2031F |
6.5.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Automotive Industry, 2021- 2031F |
6.5.4 Grenada Electronically Commulated [EC] Market Revenues & Volume, By IT & Telecom Industry, 2021- 2031F |
6.5.5 Grenada Electronically Commulated [EC] Market Revenues & Volume, By HVAC Industry, 2021- 2031F |
6.5.6 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Aerospace Industry, 2021- 2031F |
6.5.7 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Grenada Electronically Commulated [EC] Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Direct, 2021- 2031F |
6.6.3 Grenada Electronically Commulated [EC] Market Revenues & Volume, By Indirect, 2021- 2031F |
7 Grenada Electronically Commulated [EC] Market Import-Export Trade Statistics |
7.1 Grenada Electronically Commulated [EC] Market Export to Major Countries |
7.2 Grenada Electronically Commulated [EC] Market Imports from Major Countries |
8 Grenada Electronically Commulated [EC] Market Key Performance Indicators |
8.1 Number of new digital payment users in Grenada |
8.2 Percentage increase in online transactions in the country |
8.3 Adoption rate of mobile payment solutions in the market |
9 Grenada Electronically Commulated [EC] Market - Opportunity Assessment |
9.1 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Voltage, 2021 & 2031F |
9.3 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Mounted, 2021 & 2031F |
9.4 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Power, 2021 & 2031F |
9.5 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Grenada Electronically Commulated [EC] Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Electronically Commulated [EC] Market - Competitive Landscape |
10.1 Grenada Electronically Commulated [EC] Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electronically Commulated [EC] 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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