| Product Code: ETC12150886 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada continues to attract a diverse range of fan imports from key countries such as the USA, UK, Panama, Curaçao, and China in 2024. The market shows a moderate concentration with a stable Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years remains strong at 19.85%. The consistent interest from these top exporting countries indicates a steady demand for fans in Grenada, pointing towards a promising market outlook.
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 Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fan Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fan Market - Industry Life Cycle |
3.4 Grenada Fan Market - Porter's Five Forces |
3.5 Grenada Fan Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Fan Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Grenada Fan Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Fan Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Fan Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient appliances |
4.2.2 Growing popularity of smart home technology |
4.2.3 Rising disposable income in emerging markets |
4.3 Market Restraints |
4.3.1 High initial cost of smart fans |
4.3.2 Limited awareness about the benefits of energy-efficient fans |
5 Grenada Fan Market Trends |
6 Grenada Fan Market, By Types |
6.1 Grenada Fan Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fan Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Fan Market Revenues & Volume, By Ceiling Fans, 2021 - 2031F |
6.1.4 Grenada Fan Market Revenues & Volume, By Tower Fans, 2021 - 2031F |
6.1.5 Grenada Fan Market Revenues & Volume, By Exhaust Fans, 2021 - 2031F |
6.1.6 Grenada Fan Market Revenues & Volume, By Industrial Fans, 2021 - 2031F |
6.2 Grenada Fan Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fan Market Revenues & Volume, By Energy-efficient Motors, 2021 - 2031F |
6.2.3 Grenada Fan Market Revenues & Volume, By Oscillation Technology, 2021 - 2031F |
6.2.4 Grenada Fan Market Revenues & Volume, By Low-noise Technology, 2021 - 2031F |
6.2.5 Grenada Fan Market Revenues & Volume, By High-powered Motors, 2021 - 2031F |
6.3 Grenada Fan Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fan Market Revenues & Volume, By Homeowners, 2021 - 2031F |
6.3.3 Grenada Fan Market Revenues & Volume, By Office Workers, 2021 - 2031F |
6.3.4 Grenada Fan Market Revenues & Volume, By Commercial Establishments, 2021 - 2031F |
6.3.5 Grenada Fan Market Revenues & Volume, By Factories and Warehouses, 2021 - 2031F |
6.4 Grenada Fan Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Fan Market Revenues & Volume, By Home Cooling and Ventilation, 2021 - 2031F |
6.4.3 Grenada Fan Market Revenues & Volume, By Air Circulation and Cooling, 2021 - 2031F |
6.4.4 Grenada Fan Market Revenues & Volume, By Ventilation and Air Exchange, 2021 - 2031F |
6.4.5 Grenada Fan Market Revenues & Volume, By Large-scale Cooling Solutions, 2021 - 2031F |
7 Grenada Fan Market Import-Export Trade Statistics |
7.1 Grenada Fan Market Export to Major Countries |
7.2 Grenada Fan Market Imports from Major Countries |
8 Grenada Fan Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient fans in households |
8.2 Number of smart fan installations in residential buildings |
8.3 Average energy savings achieved by using energy-efficient fans |
9 Grenada Fan Market - Opportunity Assessment |
9.1 Grenada Fan Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Fan Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Grenada Fan Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Fan Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Fan Market - Competitive Landscape |
10.1 Grenada Fan Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fan 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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