| Product Code: ETC5120007 | 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 |
The import shipments of energy-efficient lighting to Grenada saw significant growth in 2024, with top exporting countries being the USA, UK, China, Spain, and Germany. The market concentration, as measured by the HHI, increased from high in 2023 to very high in 2024, reflecting a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 21.98% from 2020 to 2024, coupled with a substantial growth rate of 55.79% from 2023 to 2024, indicates a strong demand for energy-efficient lighting solutions 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 Lighting Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Energy Efficient Lighting Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Energy Efficient Lighting Market - Industry Life Cycle |
3.4 Grenada Energy Efficient Lighting Market - Porter's Five Forces |
3.5 Grenada Energy Efficient Lighting Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Energy Efficient Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Energy Efficient Lighting Market Revenues & Volume Share, By Correlated Color Temperature, 2021 & 2031F |
4 Grenada Energy Efficient Lighting Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Energy Efficient Lighting Market Trends |
6 Grenada Energy Efficient Lighting Market Segmentations |
6.1 Grenada Energy Efficient Lighting Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Energy Efficient Lighting Market Revenues & Volume, By Incandescent Lamp, 2021-2031F |
6.1.3 Grenada Energy Efficient Lighting Market Revenues & Volume, By Light Emitting Diode, 2021-2031F |
6.1.4 Grenada Energy Efficient Lighting Market Revenues & Volume, By Arc Lamp, 2021-2031F |
6.1.5 Grenada Energy Efficient Lighting Market Revenues & Volume, By Gas Discharge Lamps, 2021-2031F |
6.2 Grenada Energy Efficient Lighting Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Energy Efficient Lighting Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Energy Efficient Lighting Market Revenues & Volume, By Residential, 2021-2031F |
6.2.4 Grenada Energy Efficient Lighting Market Revenues & Volume, By Government, 2021-2031F |
6.3 Grenada Energy Efficient Lighting Market, By Correlated Color Temperature |
6.3.1 Overview and Analysis |
6.3.2 Grenada Energy Efficient Lighting Market Revenues & Volume, By 2700K-3000K, 2021-2031F |
6.3.3 Grenada Energy Efficient Lighting Market Revenues & Volume, By 3500K? ??4000K, 2021-2031F |
6.3.4 Grenada Energy Efficient Lighting Market Revenues & Volume, By 4000K-5000K, 2021-2031F |
6.3.5 Grenada Energy Efficient Lighting Market Revenues & Volume, By 5000K-6500K, 2021-2031F |
6.3.6 Grenada Energy Efficient Lighting Market Revenues & Volume, By More Than 6500K, 2021-2031F |
7 Grenada Energy Efficient Lighting Market Import-Export Trade Statistics |
7.1 Grenada Energy Efficient Lighting Market Export to Major Countries |
7.2 Grenada Energy Efficient Lighting Market Imports from Major Countries |
8 Grenada Energy Efficient Lighting Market Key Performance Indicators |
9 Grenada Energy Efficient Lighting Market - Opportunity Assessment |
9.1 Grenada Energy Efficient Lighting Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Energy Efficient Lighting Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Energy Efficient Lighting Market Opportunity Assessment, By Correlated Color Temperature, 2021 & 2031F |
10 Grenada Energy Efficient Lighting Market - Competitive Landscape |
10.1 Grenada Energy Efficient Lighting Market Revenue Share, By Companies, 2024 |
10.2 Grenada Energy Efficient Lighting 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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