| Product Code: ETC4697067 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to see a significant influx of gas turbine imports, with top exporters including China, USA, Japan, Trinidad and Tobago, and Saint Lucia. The market remained highly concentrated, indicating strong competition among key players. Despite a high CAGR of 34.6% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -41.7%. This fluctuation suggests a potential shift in market dynamics or external factors influencing the demand for gas turbines in Grenada.
The Gas turbine market in Grenada is projected to grow at a stable growth rate of 2.45% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 turbine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gas turbine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gas turbine Market - Industry Life Cycle |
3.4 Grenada Gas turbine Market - Porter's Five Forces |
3.5 Grenada Gas turbine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Gas turbine Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Gas turbine Market Revenues & Volume Share, By Design Type, 2021 & 2031F |
3.8 Grenada Gas turbine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
4 Grenada Gas turbine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Gas turbine Market Trends |
6 Grenada Gas turbine Market Segmentations |
6.1 Grenada Gas turbine Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gas turbine Market Revenues & Volume, By Open Cycle, 2021-2031F |
6.1.3 Grenada Gas turbine Market Revenues & Volume, By Combined Cycle, 2021-2031F |
6.2 Grenada Gas turbine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gas turbine Market Revenues & Volume, By Power Generation, 2021-2031F |
6.2.3 Grenada Gas turbine Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.4 Grenada Gas turbine Market Revenues & Volume, By Other, 2021-2031F |
6.2.10 Grenada Gas turbine Market Revenues & Volume, By Application, 2021-2031F |
6.3 Grenada Gas turbine Market, By Design Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Gas turbine Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3.3 Grenada Gas turbine Market Revenues & Volume, By Aeroderivative, 2021-2031F |
6.4 Grenada Gas turbine Market, By Capacity |
6.4.1 Overview and Analysis |
6.4.2 Grenada Gas turbine Market Revenues & Volume, By ? 200 MW, 2021-2031F |
6.4.3 Grenada Gas turbine Market Revenues & Volume, By >200 MW, 2021-2031F |
7 Grenada Gas turbine Market Import-Export Trade Statistics |
7.1 Grenada Gas turbine Market Export to Major Countries |
7.2 Grenada Gas turbine Market Imports from Major Countries |
8 Grenada Gas turbine Market Key Performance Indicators |
9 Grenada Gas turbine Market - Opportunity Assessment |
9.1 Grenada Gas turbine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Gas turbine Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Gas turbine Market Opportunity Assessment, By Design Type, 2021 & 2031F |
9.4 Grenada Gas turbine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
10 Grenada Gas turbine Market - Competitive Landscape |
10.1 Grenada Gas turbine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gas turbine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |