| Product Code: ETC7371151 | 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 import of gas turbines for thermal power saw significant growth from 2020 to 2024 with a remarkable CAGR of 34.6%. However, the sector experienced a downturn in 2024 with a negative growth rate of -41.7%. The top exporting countries to Grenada in 2024 were China, USA, Japan, Trinidad and Tobago, and Saint Lucia, indicating a diverse import source. Despite the fluctuating growth rates, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, highlighting potential challenges and opportunities for stakeholders in the gas turbine industry 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 Gas Turbines in Thermal Power Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gas Turbines in Thermal Power Market - Industry Life Cycle |
3.4 Grenada Gas Turbines in Thermal Power Market - Porter's Five Forces |
3.5 Grenada Gas Turbines in Thermal Power Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Grenada Gas Turbines in Thermal Power Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Gas Turbines in Thermal Power Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable and efficient power generation solutions. |
4.2.2 Growing focus on clean energy sources and reducing carbon emissions. |
4.2.3 Government initiatives to improve energy infrastructure and reliability. |
4.3 Market Restraints |
4.3.1 High initial investment costs for gas turbines. |
4.3.2 Fluctuating prices of natural gas impacting operational costs. |
4.3.3 Regulatory challenges and permitting delays for new thermal power projects. |
5 Grenada Gas Turbines in Thermal Power Market Trends |
6 Grenada Gas Turbines in Thermal Power Market, By Types |
6.1 Grenada Gas Turbines in Thermal Power Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By Less Than 30 Mw, 2021- 2031F |
6.1.4 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By 31-120 Mw, 2021- 2031F |
6.1.5 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By Above 120 Mw, 2021- 2031F |
6.2 Grenada Gas Turbines in Thermal Power Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By Combined Cycle, 2021- 2031F |
6.2.3 Grenada Gas Turbines in Thermal Power Market Revenues & Volume, By Open Cycle, 2021- 2031F |
7 Grenada Gas Turbines in Thermal Power Market Import-Export Trade Statistics |
7.1 Grenada Gas Turbines in Thermal Power Market Export to Major Countries |
7.2 Grenada Gas Turbines in Thermal Power Market Imports from Major Countries |
8 Grenada Gas Turbines in Thermal Power Market Key Performance Indicators |
8.1 Average fuel efficiency of Grenada gas turbines compared to industry standards. |
8.2 Percentage of downtime for Grenada gas turbines in thermal power plants. |
8.3 Adoption rate of Grenada gas turbines in new thermal power project installations. |
8.4 Average lifespan of Grenada gas turbines compared to competitors. |
8.5 Percentage of capacity utilization of Grenada gas turbines in operational thermal power plants. |
9 Grenada Gas Turbines in Thermal Power Market - Opportunity Assessment |
9.1 Grenada Gas Turbines in Thermal Power Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Grenada Gas Turbines in Thermal Power Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Gas Turbines in Thermal Power Market - Competitive Landscape |
10.1 Grenada Gas Turbines in Thermal Power Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gas Turbines in Thermal Power Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |