| Product Code: ETC7371158 | 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 gasoline gensets to Grenada in 2024 continued to show strong growth, with top exporting countries being the USA, UK, China, Trinidad and Tobago, and Saint Lucia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting significant market power for key players. The impressive Compound Annual Growth Rate (CAGR) of 44.39% from 2020 to 2024 highlights the increasing demand for gasoline gensets in Grenada. Moreover, the exceptional growth rate of 140.45% from 2023 to 2024 indicates a rapid acceleration in the market, signaling potential opportunities for further expansion and market development.
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 Gasoline Gensets Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gasoline Gensets Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gasoline Gensets Market - Industry Life Cycle |
3.4 Grenada Gasoline Gensets Market - Porter's Five Forces |
3.5 Grenada Gasoline Gensets Market Revenues & Volume Share, By Power Rating, 2021 & 2031F |
3.6 Grenada Gasoline Gensets Market Revenues & Volume Share, By Phase, 2021 & 2031F |
3.7 Grenada Gasoline Gensets Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Gasoline Gensets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for reliable backup power solutions in Grenada |
4.2.2 Growing construction activities and infrastructure development projects in the region |
4.2.3 Government initiatives promoting the use of cleaner and more efficient power generation solutions |
4.3 Market Restraints |
4.3.1 Volatility in gasoline prices impacting operating costs of gasoline gensets |
4.3.2 Competition from alternative power generation technologies like solar and wind energy |
4.3.3 Environmental concerns and regulations regarding emissions from gasoline gensets |
5 Grenada Gasoline Gensets Market Trends |
6 Grenada Gasoline Gensets Market, By Types |
6.1 Grenada Gasoline Gensets Market, By Power Rating |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gasoline Gensets Market Revenues & Volume, By Power Rating, 2021- 2031F |
6.1.3 Grenada Gasoline Gensets Market Revenues & Volume, By |
6.1.4 Grenada Gasoline Gensets Market Revenues & Volume, By 2 kW - 5 kW, 2021- 2031F |
6.1.5 Grenada Gasoline Gensets Market Revenues & Volume, By 6 kW - 8 kW, 2021- 2031F |
6.1.6 Grenada Gasoline Gensets Market Revenues & Volume, By > 8 kW - 15 kW, 2021- 2031F |
6.2 Grenada Gasoline Gensets Market, By Phase |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gasoline Gensets Market Revenues & Volume, By Single Phase, 2021- 2031F |
6.2.3 Grenada Gasoline Gensets Market Revenues & Volume, By Three Phase, 2021- 2031F |
6.3 Grenada Gasoline Gensets Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Gasoline Gensets Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Gasoline Gensets Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Gasoline Gensets Market Revenues & Volume, By Construction, 2021- 2031F |
7 Grenada Gasoline Gensets Market Import-Export Trade Statistics |
7.1 Grenada Gasoline Gensets Market Export to Major Countries |
7.2 Grenada Gasoline Gensets Market Imports from Major Countries |
8 Grenada Gasoline Gensets Market Key Performance Indicators |
8.1 Average running hours of gasoline gensets in Grenada |
8.2 Percentage of construction projects using gasoline gensets for power backup |
8.3 Adoption rate of gasoline gensets in residential and commercial sectors |
9 Grenada Gasoline Gensets Market - Opportunity Assessment |
9.1 Grenada Gasoline Gensets Market Opportunity Assessment, By Power Rating, 2021 & 2031F |
9.2 Grenada Gasoline Gensets Market Opportunity Assessment, By Phase, 2021 & 2031F |
9.3 Grenada Gasoline Gensets Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Gasoline Gensets Market - Competitive Landscape |
10.1 Grenada Gasoline Gensets Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gasoline Gensets 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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