| Product Code: ETC7371130 | 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 gas engine import market saw significant growth in 2024, with key exporters including Trinidad and Tobago, UK, Jamaica, USA, and Germany. The market concentration remained high, signaling a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 10.77% from 2020 to 2024 reflects sustained expansion. Notably, the remarkable growth rate of 950.68% from 2023 to 2024 indicates a surge in demand. Overall, Grenada`s gas engine import sector is experiencing dynamic development and attracting diverse suppliers from around the world.
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 Gas Engine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gas Engine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gas Engine Market - Industry Life Cycle |
3.4 Grenada Gas Engine Market - Porter's Five Forces |
3.5 Grenada Gas Engine Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.6 Grenada Gas Engine Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.7 Grenada Gas Engine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Gas Engine Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Gas Engine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power generation solutions in Grenada |
4.2.2 Growing focus on renewable energy sources and the need for backup power solutions |
4.2.3 Government initiatives and regulations promoting the use of gas engines for cleaner energy production |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with gas engine installations |
4.3.2 Limited availability of skilled workforce for maintenance and operation of gas engines in Grenada |
4.3.3 Fluctuating prices of natural gas impacting the operational costs of gas engines |
5 Grenada Gas Engine Market Trends |
6 Grenada Gas Engine Market, By Types |
6.1 Grenada Gas Engine Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gas Engine Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Grenada Gas Engine Market Revenues & Volume, By Natural Gas, 2021- 2031F |
6.1.4 Grenada Gas Engine Market Revenues & Volume, By Special Gas, 2021- 2031F |
6.1.5 Grenada Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Gas Engine Market, By Power Output |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gas Engine Market Revenues & Volume, By 0.5-1 Mw, 2021- 2031F |
6.2.3 Grenada Gas Engine Market Revenues & Volume, By 1.1-2 Mw, 2021- 2031F |
6.2.4 Grenada Gas Engine Market Revenues & Volume, By 2.1-5 Mw, 2021- 2031F |
6.2.5 Grenada Gas Engine Market Revenues & Volume, By 5.1-15 Mw, 2021- 2031F |
6.2.6 Grenada Gas Engine Market Revenues & Volume, By Above 15 Mw, 2021- 2031F |
6.3 Grenada Gas Engine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Gas Engine Market Revenues & Volume, By Power Generation, 2021- 2031F |
6.3.3 Grenada Gas Engine Market Revenues & Volume, By Co-generation, 2021- 2031F |
6.3.4 Grenada Gas Engine Market Revenues & Volume, By Mechanical Drive, 2021- 2031F |
6.3.5 Grenada Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Gas Engine Market, By End-use Industry |
6.4.1 Overview and Analysis |
6.4.2 Grenada Gas Engine Market Revenues & Volume, By Utilities, 2021- 2031F |
6.4.3 Grenada Gas Engine Market Revenues & Volume, By Manufacturing, 2021- 2031F |
6.4.4 Grenada Gas Engine Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.4.5 Grenada Gas Engine Market Revenues & Volume, By Marine, 2021- 2031F |
6.4.6 Grenada Gas Engine Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Gas Engine Market Import-Export Trade Statistics |
7.1 Grenada Gas Engine Market Export to Major Countries |
7.2 Grenada Gas Engine Market Imports from Major Countries |
8 Grenada Gas Engine Market Key Performance Indicators |
8.1 Average downtime of gas engines in Grenada |
8.2 Percentage of energy generated from gas engines compared to other sources |
8.3 Adoption rate of gas engines in key industries in Grenada |
9 Grenada Gas Engine Market - Opportunity Assessment |
9.1 Grenada Gas Engine Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.2 Grenada Gas Engine Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.3 Grenada Gas Engine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Gas Engine Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Gas Engine Market - Competitive Landscape |
10.1 Grenada Gas Engine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gas Engine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |