| Product Code: ETC7369879 | 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 import shipments of evaporative cooling systems in 2024 continued to be dominated by top exporting countries including the USA, Trinidad and Tobago, UAE, UK, and Hong Kong. Despite a slight dip in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-24 remained impressive at 31.29%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the evaporative cooling sector 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 Evaporative Cooling Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Evaporative Cooling Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Evaporative Cooling Market - Industry Life Cycle |
3.4 Grenada Evaporative Cooling Market - Porter's Five Forces |
3.5 Grenada Evaporative Cooling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Evaporative Cooling Market Revenues & Volume Share, By Channel, 2021 & 2031F |
3.7 Grenada Evaporative Cooling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Evaporative Cooling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability |
4.2.2 Rising temperatures and the need for cost-effective cooling solutions |
4.2.3 Government initiatives promoting the use of eco-friendly cooling technologies |
4.3 Market Restraints |
4.3.1 Limited consumer knowledge about evaporative cooling technology |
4.3.2 Seasonal demand patterns affecting market growth |
4.3.3 High initial installation costs and maintenance expenses |
5 Grenada Evaporative Cooling Market Trends |
6 Grenada Evaporative Cooling Market, By Types |
6.1 Grenada Evaporative Cooling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Evaporative Cooling Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Evaporative Cooling Market Revenues & Volume, By Direct Evaporative Cooling, 2021- 2031F |
6.1.4 Grenada Evaporative Cooling Market Revenues & Volume, By Indirect Evaporative Cooling, 2021- 2031F |
6.1.5 Grenada Evaporative Cooling Market Revenues & Volume, By Two-stage Evaporative Cooling, 2021- 2031F |
6.2 Grenada Evaporative Cooling Market, By Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Evaporative Cooling Market Revenues & Volume, By Big-box Retailers, 2021- 2031F |
6.2.3 Grenada Evaporative Cooling Market Revenues & Volume, By HVAC Contractors and Distributors, 2021- 2031F |
6.2.4 Grenada Evaporative Cooling Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Evaporative Cooling Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Evaporative Cooling Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Evaporative Cooling Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Evaporative Cooling Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.5 Grenada Evaporative Cooling Market Revenues & Volume, By Confinement Farming, 2021- 2031F |
6.3.6 Grenada Evaporative Cooling Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Evaporative Cooling Market Import-Export Trade Statistics |
7.1 Grenada Evaporative Cooling Market Export to Major Countries |
7.2 Grenada Evaporative Cooling Market Imports from Major Countries |
8 Grenada Evaporative Cooling Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of evaporative cooling systems |
8.2 Adoption rate of evaporative cooling systems in commercial and residential buildings |
8.3 Number of government incentives or rebates supporting the use of evaporative cooling technology |
9 Grenada Evaporative Cooling Market - Opportunity Assessment |
9.1 Grenada Evaporative Cooling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Evaporative Cooling Market Opportunity Assessment, By Channel, 2021 & 2031F |
9.3 Grenada Evaporative Cooling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Evaporative Cooling Market - Competitive Landscape |
10.1 Grenada Evaporative Cooling Market Revenue Share, By Companies, 2024 |
10.2 Grenada Evaporative Cooling 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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