| Product Code: ETC4934339 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a notable increase in gas meter import shipments, with top exporting countries being the USA, Costa Rica, UK, Trinidad and Tobago, and China. Despite a high concentration level, the industry experienced a negative compound annual growth rate (CAGR) of -3.96% from 2020 to 2024. However, there was a remarkable growth spurt in 2024, with a growth rate of 264.46% compared to the previous year. This surge in imports signals potential opportunities for market expansion and diversification in the gas meter sector in Grenada.
The Gas Meter market in Grenada is projected to grow at a stable growth rate of 1.31% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Meter Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gas Meter Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gas Meter Market - Industry Life Cycle |
3.4 Grenada Gas Meter Market - Porter's Five Forces |
3.5 Grenada Gas Meter Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Gas Meter Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Gas Meter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Gas Meter Market Trends |
6 Grenada Gas Meter Market Segmentations |
6.1 Grenada Gas Meter Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gas Meter Market Revenues & Volume, By Traditional Gas Meter, 2021-2031F |
6.1.3 Grenada Gas Meter Market Revenues & Volume, By Smart Gas Meter, 2021-2031F |
6.2 Grenada Gas Meter Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gas Meter Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Gas Meter Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Grenada Gas Meter Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Gas Meter Market Import-Export Trade Statistics |
7.1 Grenada Gas Meter Market Export to Major Countries |
7.2 Grenada Gas Meter Market Imports from Major Countries |
8 Grenada Gas Meter Market Key Performance Indicators |
9 Grenada Gas Meter Market - Opportunity Assessment |
9.1 Grenada Gas Meter Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Gas Meter Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Gas Meter Market - Competitive Landscape |
10.1 Grenada Gas Meter Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gas Meter 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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