| Product Code: ETC11947558 | 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 | |
The import shipments of energy-efficient elevators to Grenada in 2024 continued to be dominated by top exporting countries such as China, USA, Lebanon, UK, and Canada. Despite a slight decline in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 remained strong at 30.2%. The high Herfindahl-Hirschman Index (HHI) indicates a market concentration among these key exporting countries, highlighting the competitive landscape in the energy-efficient elevator industry in Grenada.
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 Energy Efficient Elevators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Energy Efficient Elevators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Energy Efficient Elevators Market - Industry Life Cycle |
3.4 Grenada Energy Efficient Elevators Market - Porter's Five Forces |
3.5 Grenada Energy Efficient Elevators Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Energy Efficient Elevators Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Grenada Energy Efficient Elevators Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Energy Efficient Elevators Market Revenues & Volume Share, By Efficiency Level, 2021 & 2031F |
3.9 Grenada Energy Efficient Elevators Market Revenues & Volume Share, By Installation Type, 2021 & 2031F |
4 Grenada Energy Efficient Elevators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Energy Efficient Elevators Market Trends |
6 Grenada Energy Efficient Elevators Market, By Types |
6.1 Grenada Energy Efficient Elevators Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Energy Efficient Elevators Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Energy Efficient Elevators Market Revenues & Volume, By Hydraulic Elevators, 2021 - 2031F |
6.1.4 Grenada Energy Efficient Elevators Market Revenues & Volume, By Traction Elevators, 2021 - 2031F |
6.1.5 Grenada Energy Efficient Elevators Market Revenues & Volume, By Machine Room-less Elevators, 2021 - 2031F |
6.2 Grenada Energy Efficient Elevators Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Energy Efficient Elevators Market Revenues & Volume, By Low Capacity (Up to 1,000 kg), 2021 - 2031F |
6.2.3 Grenada Energy Efficient Elevators Market Revenues & Volume, By Medium Capacity (Up to 2,000 kg), 2021 - 2031F |
6.2.4 Grenada Energy Efficient Elevators Market Revenues & Volume, By High Capacity (Over 2,000 kg), 2021 - 2031F |
6.3 Grenada Energy Efficient Elevators Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Energy Efficient Elevators Market Revenues & Volume, By Residential Buildings, 2021 - 2031F |
6.3.3 Grenada Energy Efficient Elevators Market Revenues & Volume, By Commercial Buildings, 2021 - 2031F |
6.3.4 Grenada Energy Efficient Elevators Market Revenues & Volume, By Industrial Buildings, 2021 - 2031F |
6.3.5 Grenada Energy Efficient Elevators Market Revenues & Volume, By Public Infrastructure, 2021 - 2031F |
6.4 Grenada Energy Efficient Elevators Market, By Efficiency Level |
6.4.1 Overview and Analysis |
6.4.2 Grenada Energy Efficient Elevators Market Revenues & Volume, By Single-Speed Motors, 2021 - 2031F |
6.4.3 Grenada Energy Efficient Elevators Market Revenues & Volume, By Variable-Speed Drives, 2021 - 2031F |
6.4.4 Grenada Energy Efficient Elevators Market Revenues & Volume, By Regenerative Drives, 2021 - 2031F |
6.4.5 Grenada Energy Efficient Elevators Market Revenues & Volume, By Standby Modes, 2021 - 2031F |
6.5 Grenada Energy Efficient Elevators Market, By Installation Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Energy Efficient Elevators Market Revenues & Volume, By New Installation, 2021 - 2031F |
6.5.3 Grenada Energy Efficient Elevators Market Revenues & Volume, By Modernization, 2021 - 2031F |
6.5.4 Grenada Energy Efficient Elevators Market Revenues & Volume, By Replacement, 2021 - 2031F |
7 Grenada Energy Efficient Elevators Market Import-Export Trade Statistics |
7.1 Grenada Energy Efficient Elevators Market Export to Major Countries |
7.2 Grenada Energy Efficient Elevators Market Imports from Major Countries |
8 Grenada Energy Efficient Elevators Market Key Performance Indicators |
9 Grenada Energy Efficient Elevators Market - Opportunity Assessment |
9.1 Grenada Energy Efficient Elevators Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Energy Efficient Elevators Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Grenada Energy Efficient Elevators Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Energy Efficient Elevators Market Opportunity Assessment, By Efficiency Level, 2021 & 2031F |
9.5 Grenada Energy Efficient Elevators Market Opportunity Assessment, By Installation Type, 2021 & 2031F |
10 Grenada Energy Efficient Elevators Market - Competitive Landscape |
10.1 Grenada Energy Efficient Elevators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Energy Efficient Elevators 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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