| Product Code: ETC7370084 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada saw a significant increase in fan coil imports in 2024, with top exporting countries including the USA, China, India, Thailand, and Singapore. The High Herfindahl-Hirschman Index (HHI) indicated a concentrated market, while the impressive compound annual growth rate (CAGR) of 19.66% from 2020 to 2024 highlighted strong industry expansion. Additionally, the growth rate of 11.52% in 2024 alone suggests continued momentum in fan coil imports for the country. This data underscores the growing demand for fan coils in Grenada and the competitive landscape among key exporting nations.
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 Fan Coils Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fan Coils Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fan Coils Market - Industry Life Cycle |
3.4 Grenada Fan Coils Market - Porter's Five Forces |
3.5 Grenada Fan Coils Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Fan Coils Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Fan Coils Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC systems |
4.2.2 Growing construction industry in Grenada |
4.2.3 Government initiatives promoting sustainable heating and cooling solutions |
4.3 Market Restraints |
4.3.1 High initial investment cost of fan coil systems |
4.3.2 Limited awareness and adoption of fan coil technology in Grenada |
4.3.3 Fluctuating raw material prices impacting manufacturing costs |
5 Grenada Fan Coils Market Trends |
6 Grenada Fan Coils Market, By Types |
6.1 Grenada Fan Coils Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fan Coils Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Fan Coils Market Revenues & Volume, By Regular, 2021- 2031F |
6.1.4 Grenada Fan Coils Market Revenues & Volume, By Compact, 2021- 2031F |
6.2 Grenada Fan Coils Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fan Coils Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Grenada Fan Coils Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Grenada Fan Coils Market Revenues & Volume, By Office Spaces, 2021- 2031F |
6.2.5 Grenada Fan Coils Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Fan Coils Market Import-Export Trade Statistics |
7.1 Grenada Fan Coils Market Export to Major Countries |
7.2 Grenada Fan Coils Market Imports from Major Countries |
8 Grenada Fan Coils Market Key Performance Indicators |
8.1 Energy efficiency ratings of fan coil units |
8.2 Number of new construction projects using fan coil systems |
8.3 Adoption rate of sustainable heating and cooling technologies in Grenada |
9 Grenada Fan Coils Market - Opportunity Assessment |
9.1 Grenada Fan Coils Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Fan Coils Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Fan Coils Market - Competitive Landscape |
10.1 Grenada Fan Coils Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fan Coils 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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