| Product Code: ETC7370374 | 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 |
The import shipments of fire sprinkler systems to Grenada in 2024 saw a significant growth rate of 85.01% compared to the previous year. The top exporting countries to Grenada in 2024 were India, UK, USA, China, and Trinidad and Tobago, indicating a diverse source of supply. Despite this diversity, the market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). The impressive compound annual growth rate (CAGR) of 19.47% from 2020 to 2024 suggests a strong and expanding market for fire sprinkler systems 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 Fire Sprinkler Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fire Sprinkler Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fire Sprinkler Systems Market - Industry Life Cycle |
3.4 Grenada Fire Sprinkler Systems Market - Porter's Five Forces |
3.5 Grenada Fire Sprinkler Systems Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Grenada Fire Sprinkler Systems Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Fire Sprinkler Systems Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Fire Sprinkler Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Fire Sprinkler Systems Market Trends |
6 Grenada Fire Sprinkler Systems Market, By Types |
6.1 Grenada Fire Sprinkler Systems Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Product, 2021- 2031F |
6.1.4 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Service, 2021- 2031F |
6.2 Grenada Fire Sprinkler Systems Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Wet-pipe Sprinkler System, 2021- 2031F |
6.2.3 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Dry-pipe Sprinkler System, 2021- 2031F |
6.2.4 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Pre-action Sprinkler System, 2021- 2031F |
6.2.5 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Deluge Sprinkler System, 2021- 2031F |
6.3 Grenada Fire Sprinkler Systems Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Fire Sprinkler Systems Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Grenada Fire Sprinkler Systems Market Import-Export Trade Statistics |
7.1 Grenada Fire Sprinkler Systems Market Export to Major Countries |
7.2 Grenada Fire Sprinkler Systems Market Imports from Major Countries |
8 Grenada Fire Sprinkler Systems Market Key Performance Indicators |
9 Grenada Fire Sprinkler Systems Market - Opportunity Assessment |
9.1 Grenada Fire Sprinkler Systems Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Grenada Fire Sprinkler Systems Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Fire Sprinkler Systems Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Fire Sprinkler Systems Market - Competitive Landscape |
10.1 Grenada Fire Sprinkler Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fire Sprinkler Systems 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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